The ratio of debt service to exports for these countries has declined to an average of 10 per cent.

In 2004 the ratio of debt servicing to exports was 10.0 per cent (see figure below).

(e) Debt service coverage

Servicing of external public debt

Debt service coverage and bond interest

Construction fund earnings would be applied to the annual debt service requirement, thereby reducing the net annual debt service to be met by the set aside procedure.

By the trustee retaining a higher proportion of early regular budget contributions, the bond holders would be assured that the annual debt service requirement would be met in a timely manner.

Lower interest rates on loans are available in capital markets to borrowers who have ample debt service coverage , which is defined as total revenues available for debt service as a percentage of the required debt service. The availability of ample

The first party is the creditor, which is the lender of property, service or money.

The advantage of such bonds is that in the event of a decline in the world price of the underlying commodity, the debt to export ratio need not rise. The cost of debt service adjusts automatically, without the severe disruption that results from loss of confidence, crisis, debt restructuring, and so forth.

The situation is further exacerbated by the country's debt service problems.

The increase in exports of goods and services and the decline in debt service for developing countries as a group resulted in a significant decline in the debt service to exports ratio, from 17.2 per cent in 2003 to 12.5 per cent in 2004, marking the largest decline in this ratio in the last 20 years.

In Lebanon, persisting high levels of public debt forced the Government to direct much of its expenditure towards debt service.

Ample debt service coverage for a United Nations bond could be created by permitting the trustee to set aside a higher than required percentage of assessment payments tendered by Member States to permit the accelerated collection by the bond trustee of the total annual debt service requirement.

The basket was designed in such a way as to result in an average debt service cost of 4 .

For the country s first few years, debt service swallowed more than 80 of all federal revenues.

Taking note with great concern of the debt burden of many African countries, as debt servicing continues to drain the limited resources for development,

The eurozone as a whole has a debt to GDP ratio of 90 , which is high by any standard.

As a result, its economy would grow, and its debt ratio would fall.

The French government expects budget revenues to match all spending except debt service by 2014.

Currently its debt service status amounts to 115 million annually.

With the Italian debt GDP ratio currently at roughly 106 , lower borrowing costs reduced the public debt ratio by more than eight percentage points.

Debt reduction, either through stock of debt reduction or debt service reduction based on a concessional rescheduling, will continue to be considered only in exceptional cases.

A significant amount of our income goes to servicing our debt, hindering the socio economic development of mountainous areas.

Christians in Singapore constitute approximately 18.3 of the population.

With the Lebanese pound (LL) pegged to the United States dollar, the prevailing very high debt to GDP and debt to export ratios make that economy extremely vulnerable to adverse shocks.

Indeed, Japan s debt to GDP ratio is around 170 much higher than in Greece, where the figure stands at around 110 .

The debt GDP ratio varies a lot by country.

France s debt GDP ratio is already around 90 even if its 2013 budget deficit does not exceed 3.5 of GDP, its debt GDP ratio will have climbed to 93 by the end of the year.

Debt sustainability indicators for Haiti are mixed. It is estimated that the debt export ratio in net present value terms is high (187 per cent), suggesting that Haiti's debt is unsustainable.

Each downward revision implies postponement of the date on which the debt GDP ratio will peak.

In part, the decline was due to increased holdings of foreign public debt relative to private debt.

Its debt to GDP ratio stood at 113 by the end of 2009.

At all times, Member States would be credited the full amount tendered to the bond trustee, regardless of the assessment set aside for debt servicing purposes.

We do not need to rely on such tricks to stimulate the economy and reduce the ratio of debt to income.

In January, the interest premium was 2.73 percentage points relative to German public debt.

The ratio of debt to exports was 83.4 per cent, likewise one of the lowest in the region.

The required cut is large eliminating half of Greece s public debt obligation would leave it at nearly 80 of GDP, a ratio higher than Spain s.

The cost of debt service adjusts automatically, without the severe disruption that results from loss of confidence, crisis, debt restructuring, and so forth.

And the government debt to GDP ratio is around 190 , compared to 120 in Greece.

Add the open public debt of 67 of GDP to this total, and the result is an overall German debt GDP ratio of about 340 .

Under the Millennium Challenge Account, attainment of performance criteria by countries receiving grants replaces the debt service of traditional bilateral loan assistance.

Reduction of debt service burdens can release domestic resources that can be allocated to slum upgrading or other urban developing activities.

It had been estimated that every percentage point increase in debt service in low income countries reduced public investment by about 0.2 per cent.

The eurozone crisis could certainly be resolved if all existing public debt were transformed into 20 year Eurobonds with a yield of 3 , and a five year grace period on debt service.