And it's called debt.

Low external debt

(b) External debt situation

until the entire obligation is discharged.

Debt indicators at the aggregate level . 21 27 8

Debt indicators at the country level . 28 45 12

Emerging Europe s Deleveraging Dilemma

A. Indebtedness indicators 6 10 4

Economic deleveraging takes time.

7. Welcomes initiatives that have been undertaken to reduce outstanding indebtedness

Oral Intervention on Debt was made at this session.

2. Countries classified as severely indebted by the World Bank . 13

But the deleveraging process will be gradual and orderly.

With everyone busy deleveraging, economies failed to recover.

Over the last 12 months, the indebtedness problem had grown.

For example, the Bank still classifies Mexico as a severely indebted country.

But debt is invisible, and it works just as well, even more efficiently.

We also know that excessive indebtedness curbs growth and development.

Hence, the current borrowing policy is, justifiably, cautious.

None the less, most developing countries are faced with the problem of high indebtedness.

63. A most disturbing question confronting the developing countries was that of excessive indebtedness.

When the pattern of indebtedness became flagrant, strong action would be taken.

The problem of over indebtedness is thus not limited only to low income countries.

The external indebtedness of developing countries poses the biggest impediment to their development.

To quit the eurozone would only increase their level of indebtedness.

Indebtedness must also be properly incorporated into the scale methodology.

Excruciating external indebtedness remains a major impediment to our development.

The subject of multilateral debt should thus also be carefully studied.

It is called debt, followed by the structural adjustment policies imposed by the World Bank and the International Monetary Fund.

In other words, the payments capacity within this group of debt distressed and severely indebted countries varies by a factor of more than 10 some severely indebted countries are much more severely indebted than others.

At the aggregate level, the debt indicators have improved significantly in the past dozen years.

The agenda refers in particular to the problems of debt, commodity prices and desertification.

Upper Lofa

Highscores

Upper limit

Top value

You're Raval, the seminarist.

Top hands.

She is terrible, the Superior!

The highest court?

The consequences of this excessive indebtedness will take years to undo.

We therefore believe that addressing the problem of indebtedness is the first essential step towards strengthening the economies of those countries.

The importance of a comprehensive and viable solution to the debt problem cannot be overemphasized.

The excruciating external indebtedness, inter alia, remains a major impediment to our development.

Liberia's highest judicial authority is the Supreme Court, made up of five members and headed by the Chief Justice of Liberia.