The combination of all these factors contributed to an acceleration of government debt accumulation and made debt service difficult or impossible.

Colour coded map for MDG 3, Gender

A contentious redefinition of public debt

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

a Excludes official public debt.

Debt servicing undoubtedly limited the capacity of developing countries to pay.

quot (e) Repayment and servicing of Iraq apos s foreign debt

Blanchard is a pioneer in the economics of public debt.

The use of longer maturity fixed rate instruments could help prevent pro cyclical effects caused by the Government's interest payments and funding requirements.

straight back into the coffers of Western banks in debt service.

Some of Greece s national debt is owed to Greeks, by the way.

Owing to strong GDP growth, the debt to GDP ratio decreased from 100.2 per cent to 95.1 per cent.

Indeed, nearly a third of our financial resources are devoted to debt servicing.

Future generations are being saddled with an explosion of public debt.

А screenshot of the removed web app displaying the state of Macedonia's public debt.

This sharp devaluation increased further the cost of debt servicing and the debt to GDP ratio.

After 2005, Argentina maintained debt service on the new bonds.

Debt servicing accounted for the bulk of Africa apos s debt burden.

Remarkably, Japanese savers soak up some 95 of their government s debt.

Noted the request of Iraq for the cancellation or reduction of their sovereign debt.

UNDP helps Vietnam in improving capacity for handling the public debt and in public administration reform, effectively supported Egypt to strengthen the capacity of the Ministry of Foreign Trade for economic management, and improved customs operations in Yemen.

This, too, complicates the public debt dynamics and impedes the restoration of public debt sustainability.

Debt alone consumes four times more budget resources than those we need for education and health.

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

In Europe, risks spreads are rising on Italian and Spanish sovereign debt.

This time, the unemployment rate and household and government debt are much higher.

Its rapidly rising public debt is set to top 100 of GDP this year.

Greece s ratio of public debt service to GDP is similar to that of Portugal, or even Italy.

Chief among these changes has been the adoption, in most countries, of flexible exchange rates and reduction of external debt, particularly government debt.

That is, more money flowed out of Africa to creditors than returned as fresh lending. The countries of the region spend more on debt service than on health.

For instance, the SADC countries have a total debt stock of 78.1 billion, with an annual total debt service amounting to 6.8 billion.

Advanced countries need credible medium term plans to stabilize and reduce public debt.

In the US side, the integrity of sovereign debt was kept in question for too long. During those months of political dithering, US treasuries became a riskier asset.

Nor could we find any convergence regarding government deficits and debt.

In the US side, the integrity of sovereign debt was kept in question for too long.

The government has pledged to apply the proceeds of sales to reducing the public debt and the budget deficit.

The expenditure cuts mandated by the outcome of the debt ceiling debate will reduce economic activity, thereby undermining growth and making debt reduction even more difficult.

Yet Argentina's debt to GDP ratio even as it began to collapse remained moderate, at around 45 , lower than Japan's.

In 1999, debt service payments reached about 80 of planned tax revenue.

Indeed, these debt service costs alone account for 22 of the Egyptian government s total expenditures.

But with 20 interest rates, 9 of the country's GDP would be spent annually on financing its debt.

More than 50 per cent of Burundi apos s export earnings were used to service its external debt.

Over time, the eurozone countries would inevitably have to refinance most of Greece s public debt.

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

More broadly, the ECB s marginal lending facility is an indirect means of monetizing sovereign debt.