Debt rate ( GNP)

The goal was to improve the technical evaluation of prospective vendors so that the missions could rely on expertise within the United Nations system and to apply a consistent approach in technical evaluation.

In these cases, debt restructurings produced a haircut on exchanged bonds.

(e) Protection of the insolvency estate against the actions of creditors, the debtor itself and the insolvency representative, and where the protective measures apply to secured creditors, the manner in which the economic value of the security interest will be protected during the insolvency proceedings

The current debt relief measures have been far from effective.

Disclosure by public officials of assets and liabilities

This amount consists of savings on the cancellation of obligations from the prior biennium of 3,287,665 less 9,891 exchange loss on liquidation of prior biennium IDDA obligations.

(103) Once the financial contracts of the debtor have been terminated, the insolvency law should permit counterparties to enforce and apply their security interest to obligations arising out of financial contracts.

Liability A liability is a present obligation of the organization arising from past events, the settlement of which is expected to result in an outflow of resources from the organization.

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

(b) Assets of the debtor property, rights and interests of the debtor, including rights and interests in property, whether or not in the possession of the debtor, tangible or intangible, movable or immovable, including the debtor's interests in encumbered assets or in third party owned assets

27. Encourages debtors and creditors to consider ways to ensure that future loans are used in such a way that they avoid having a negative impact on debt sustainability

Even where the commencement decision is made quickly, there is the potential in that period for the debtor's business situation to change and for dissipation of the debtor's assets the debtor may be tempted to transfer assets out of the business and creditors, on learning of the application, may take remedial action against the debtor to pre empt the effect of any stay that may be imposed upon commencement of the proceedings.

An amount of 3,277,774 net saving arises from the cancellation of 2002 2003 obligations.

The Board is concerned that the approach adopted by the Procurement Service may lead to inconsistency.

The Board was therefore unable to determine the validity of those obligations or to confirm whether any financial liability had been incurred at the time that the obligations were created.

(b) Property rights created contractually to secure all types of obligations, including future obligations, fluctuating obligations and obligations described in a generic way

The debt to GNP and debt to export ratios remain high, about three and a half times those for the developing countries as a whole.

(a) Assets of the debtor, including the debtor's interest in encumbered assets and in third party owned assets

Debt servicing payments contribute to poverty when public revenue is diverted from productive sector expenditure, such as education, health and physical infrastructure to debt servicing.

It was noted that the stay was meant to cover all actions capable of affecting the assets of the debtor or increasing the debtor s liabilities.

(iii) compelling testimony or the delivery of information concerning the assets and liabilities of the debtor

In the insolvency of a non grantor debtor, the creditor is an unsecured creditor with an unsecured claim against the non grantor debtor.

quot (d) compelling testimony or the delivery of information concerning the assets and liabilities of the debtor

They have had to go further and further into debt to purchase the technology that they cannot produce on their own, to the extent that they can no longer honour their debts.

The steps taken by Paris Club creditors to reduce the debt burden of the least developed countries through the HIPC initiative had not yet yielded any visible signs of relief.

In addition to estimating financing gaps and identifying the sources of financing (including different scenarios of debt rescheduling), DSA includes an analysis of debt dynamics to determine the stability of debt to GDP or debt to government revenue ratios.

Those instances include cases where the insolvent debtor has assets in more than one State or where among the creditors of the debtor there are some that are not from the State where the insolvency proceeding is taking place.

(d) providing for the examination of witnesses, the taking of evidence or the delivery of information concerning the debtor apos s assets, affairs, rights, obligations or liabilities

(d) providing for the examination of witnesses, the taking of evidence or the delivery of information concerning the debtor apos s assets, affairs, rights, obligations or liabilities

However, because of improved economic performance in the debtor countries, the overall ratio of debt to exports and the ratio of external debt to gross domestic product had declined to their lowest levels since the onset of the debt crisis.

The bulk of them are in Africa and, in 1996, they accounted for some 12 per cent of total developing country debt, but for only about 3 per cent and 5 per cent of total developing countries GNP and exports, respectively.

quot (d) providing for the examination of witnesses, the taking of evidence or the delivery of information concerning the debtor s assets, affairs, rights, obligations or liabilities

(b) Facilitating the gathering of information about the debtor apos s assets and affairs, and protecting and maximizing the value of the debtor apos s assets for the purposes of administering a cross border insolvency

(2) (a) Upon recognition of a foreign main proceeding , or upon application for recognition in regard to proceedings taking place in one of the States listed in Annex X, the commencement or continuation of individual actions by creditors against the debtor or the debtor apos s assets and the transfer of any assets of the debtor are stayed.

In those cases where there are no unencumbered assets, or no excess value in already encumbered assets, that the debtor can offer as security or with which the debtor can satisfy an administrative expense priority claim, the debtor has limited options.

(c) coordination of the administration and supervision of the debtor apos s assets and affairs

(c) coordination of the administration and supervision of the debtor apos s assets and affairs

(a) staying execution against the debtor s assets

(a) the commencement or continuation of individual actions or proceedings concerning the debtor apos s assets, rights, obligations or liabilities shall be stayed and

(a) the commencement or continuation of individual actions or individual proceedings concerning the debtor apos s assets, rights, obligations or liabilities are stayed

(a) the commencement or continuation of individual actions or individual proceedings concerning the debtor apos s assets, rights, obligations or liabilities are stayed

(1) Where an insolvency proceeding has been opened in a foreign jurisdiction in which the debtor has the centre of its main interests, the courts of the enacting State shall have jurisdiction to open insolvency proceedings against the debtor only if the debtor has an establishment or assets in the enacting State , and the effects of those proceedings shall be restricted to the establishment or assets of the debtor situated in the territory of the enacting State .

(1) to uncover the properties, verify the debts and entrust an accounting firm to audit

quot (c) coordination of the administration and supervision of the debtor s assets and affairs