The third assumption is that the United Nations underestimated the flight of capital and the erosion of growth due to external debt servicing.

Level annual debt service

Haiti External debt

External debt

External debt

and development

(c) External debt crisis and development (continued)

(c) External debt crisis and development.

(c) External debt crisis and development.

59 223. External debt crisis and development

58 203. External debt crisis and development

60 187. External debt crisis and development

61 188. External debt crisis and development

25. Requests the Secretary General to submit to the General Assembly at its sixty second session a report on the implementation of the present resolution and to include in that report a comprehensive and substantive analysis of the external debt situation and debt servicing problems of developing countries

Draft resolution on external debt crisis and development

Table 1 Africa's external debt, 1970 2002

The burden of servicing debt and the payment of arrears have a suffocating effect on the economies of developing countries.

Noting with concern the growing debt servicing problems of externally indebted developing countries, particularly the LDCs, as constituting an element adversely affecting their development efforts

And the evidence confirms that the euro crisis is not really about sovereign debt, but about foreign debt.

(c) External debt crisis and development (A 60 139)

Need for broader external debt relief

Government debt service has in general become easier, owing to low interest rates.

Haiti's ability to remain current in its debt service obligations depends on overall macroeconomic performance and sustained economic recovery as well as continued and timely donor disbursements.

The burden of external indebtedness is one of the most serious obstacles to progress.

The conclusion is clear Greece s debt service burden is too large, and it must be reduced.

Annual spending on fixed expenses, such as debt service and pensions, is not subject to public participation.

Debt sustainability is also affected by vulnerability to external shocks.

But will tax revenues rise fast enough to offset the escalating cost of servicing the government s mountain of debt?

To address the debt burden problem, many African countries at first resorted to repeated debt rescheduling which focused on debt service flows, resulting in steadily increasing debt stocks and related service payments.

DMFAS pays for itself by making debt servicing procedures more efficient and by checking inconsistencies in the claims of creditor agencies.

Instead of providing a service to internal users wanting to access an external network, it provides indirect access for an external network (usually the Internet) to internal resources.

62 186. External debt and development towards a durable solution to the debt problems of developing countries

On the one hand, there have been promising announcements in the areas of foreign debt and official development assistance.

(c) External debt crisis and development report of the Second Committee (A 60 486 Add.3)

The growth of foreign debt is certainly a negative facet of that indispensable aid.

Malawi, therefore, supports the proposal to find comprehensive and durable solutions to the external debt problem.

In some countries, debt servicing has strained valuable resources that could otherwise be channelled to development.

3. Stresses the importance of the continued substantive consideration of the sub item on external debt crisis and development

(c) External debt crisis and development (continued) (A C.2 60 L.3 and L.51)

Panel discussion on the theme External debt relief and the achievement of the MDGs challenges and opportunities

Higher debt service costs require higher tax rates, which in turn weaken incentives and reduce economic growth.

Total debt service for developing countries decreased by about 38 billion (10 per cent) from 2003 to 2004.

55 184. Enhancing international cooperation towards a durable solution to the external debt problem of developing countries

56 184. Enhancing international cooperation towards a durable solution to the external debt problems of developing countries

57 240. Enhancing international cooperation towards a durable solution to the external debt problems of developing countries