Such deficiency payments are payable only if and when the General Assembly has invoked the provision of Article 26, following determination that there is a requirement for deficiency payments based on an assessment of the actuarial sufficiency of the Fund as of the valuation date.

Such deficiency payments are only payable if and when the United Nations General Assembly has invoked the provision of Article 26, following determination that there is a requirement for deficiency payments based on an assessment of the actuarial sufficiency of the Fund as of the valuation date.

Alimony Payments

The financial obligations of the organization to the UNJSPF consist of its mandated contribution at the rate established by the General Assembly, together with any share of any actuarial deficiency payments under Article 26 of the regulations and rules of the Fund.

The financial obligation of the organization to the Pension Fund consists of its mandated contribution at the rate established by the General Assembly together with any share of any actuarial deficiency payments under article 26 of the Regulations of the Fund.

(a) Cash payments by the estate

E. Pension payments to former Secretaries General

Second, the system is unstable, because it makes the major reserve currency s value dependent on US macroeconomic policy and the vagaries of the US balance of payments and associated domestic deficits.

Finally, despite China s status as one of the world s largest net creditors, it has been running a deficit on its investment balance for years. If this pattern persists, China may well face a balance of payments constraint on growth in the future.

Table 31.6 Resource requirements pension payments to former Secretaries General

We welcome the recent upward trend in disbursing official development assistance (ODA).

Nor do transfer payments or higher pensions provide much of a sustainable basis for spending.

The Unit is now processing all benefit and vendor payments.

Outstanding rental of 2004 issue has been addressed and finalized.

The strategy worked Argentina has avoided making any payments to its creditors.

During its crisis, Argentina made net payments of about 13.5 billion dollars.

UNMIL had continued to make payments of the second tranche of the transitional safety allowance to demobilized combatants.

Moreover, total benefit payments have recently outgrown the contributions to the Fund.

As the account includes international payments for both trade in goods and financial claims, a deficit in a country s Target account indicates foreign borrowing via the ECB, whereas a surplus denotes foreign lending via the ECB.

(b) A positive effect on balance of payments of countries and reduced import dependency

The simplest and most radical solution would be to stop all official aid payments.

It would require no transfer payments, because each country would remain responsible for servicing its own debt.

Five years of declining GDP have depressed tax receipts and increased transfer payments.

The National Child Benefit Supplement is considered unearned income and deducted from social assistance payments.

Figure 15 Number of periodic benefit payments made and number of staff involved, 1985 to 2005

Under the Brady Plan, a country s payments were indexed to its export prices or terms of trade.

No payments were made during 2004, thus the balance remained at 4,389,609.

Lame Ducks in Love

The Dangers of Deficit Reduction

The Summit of Europe s Ineffectiveness

The counterargument hinges on the difference between the current account deficit and the trade deficit.

ABC is expected to repay these loans from time to time as it receives payments from its customers.

That is how the turnaround of the economy took place by reducing the fiscal deficit and converting the external balance of payments from deficit to surplus.

It would not therefore be possible to make payments to reimburse troop contributing countries in December 2005.

During the period 1986 and 1992, payments amounting to 60,926 had been received from Afghanistan.

IFAD's approach involves a system of voting shares that are adjusted when payments are received.

Europe s Pointless Deficit Targets?

Attacking French Hopelessness

So deficits grow.

Invalidity Insurance Act

A deficit reduction package crafted along these lines would more than meet even the most ardent deficit hawk s demands.

Thus, in order to keep the current account deficit stable, the trade deficit must shrink.

All the alternatives are inferior they either involve transfer payments, perpetuate an uneven playing field, or both.

Even in the US, state and local governments, and now the federal government, are cutting expenditure and reducing transfer payments.

Gross salaries are established for purposes of separation payments and as the basis for calculating tax reimbursements whenever United Nations salaries are taxed.