Accordingly payments and credits for each account have been applied to contributions due in the order in which they were assessed, regardless of whether they were received before or after the respective dates of succession.

The five successor States have proposed that the full amount of those unpaid contributions should be written off.

12.6 Access of rural women to credit, loans for poultry farming and marketing services

It is one of the few African Constitutions which dedicates an entire chapter to the rights and duties of the individual.

Article 5The present Standards does not regulate the irrevocable credit commitments as made by enterprises (i.e., commitments to grant loans), with the exception of the following

The Committee also recalled and reaffirmed its earlier recommendation to the General Assembly that it encourage Member States with outstanding assessed contributions and credits to authorize the Secretariat to apply such credits to the amounts outstanding so as to reduce outstanding assessed contributions.

Based on the information provided above, therefore, one option to be considered by the Assembly is to write off the full amount of assessments and credits outstanding for the former Yugoslavia as proposed by the five successor States.

Pending the payment of assessed contributions, the shortfall would have to be met from loans from closed peacekeeping missions, and the Secretary General proposes that the cash balance of 92,898,000 available in the 11 closed peacekeeping missions as at 30 June 2004 be retained.

Special account for voluntary contributions to finance unassessed appropriations to the credit of contributing Member States

Marketing of the new product has begun prospective clients have submitted loan applications and the first loans will be extended in July 2005.

I want to ask, do not ..., apply for a loan.

Her delegation looked forward to information on the financial and other implications of that development.

Additionally, after securing the cancellation of the 46 million hurricane Hugo loan in December 2001, the Federal Emergency Management Agency also approved full cancellation of the outstanding balance of the 185 million hurricane Marilyn loan.

In annexes to the report, the representatives of the five successor States had expressed the view that the full amount of the unpaid assessed contributions should be written off.

The same reckless lending practices no down payments, no verification of borrowers incomes and assets, interest rate only mortgages, negative amortization, teaser rates occurred in more than 50 of all US mortgages in 2005 2007. Because securitization meant that banks were not carrying the risk and earned fees for transactions, they no longer cared about the quality of their lending.

In that connection, the Committee recalled and reaffirmed its earlier conclusion concerning the deadline for timely payment of assessments and its recommendation that the General Assembly should encourage Member States with both outstanding assessed contributions and credits to authorize the Secretariat to apply such credits to the amounts outstanding so as to reduce assessments owed.

(1)The investments held until their maturity, loans and accounts receivable shall be measured on the basis of the post amortization costs by adopting the actual interest rate method

Following the receipt of assessed contributions, all of the loans made to UNOCI, ONUB and MINUSTAH were repaid by 31 March 2005.

Member States are given credit in the Fund in proportion to their respective rates of contribution to the UNIFIL budget.

18. Write off due to losses of cash, property, or the book value of accounts receivable, including the conversion of loans into grants, is governed by Financial Rule 10.6.

Payments and contributions ( )

12. Decides that Switzerland should be credited with a corresponding proportion of its non member State assessment for the year 2002

Encourages Member States that are owed credits for the closed peacekeeping mission accounts to apply those credits to any accounts where the Member State concerned has outstanding assessed contributions

It continued to be characterized by serious delays in the payment of assessed contributions, their partial payment or even non payment.

Upon receipt of payment of the promised assessed contribution from your Government, that payment (up to the amount of the advance drawn) will be transferred into the Revolving Credit Fund to liquidate the advance.

Assessments

The main factors contributing to the reduction of the deficits were the payment of assessed contributions, savings on or cancellation of prior period obligations, collection of other accounts receivable and interest income.

Nevertheless, Member States should authorize the Secretariat to apply outstanding credits to outstanding assessed contributions.

(a) There is established a Revolving Credit Fund to be used to relieve cash flow pressures caused by overdue assessed contributions.

(10) As regards intangible assets, it is required to list item by item their acquirement form, initial value, beginning balance, accrual at current period, amount transferred out at current period, amount of amortization at current period, amount of accumulated amortization, ending balance, the number of remaining years of amortization.

Among the consumer loans, medium and long term loans dominated by housing loans accounted for about 80 , but short term consumer loans grow faster than medium and long term loans.

Finally, noting that the Gambia had microcredit programmes, she wondered how many were targeted at women, and whether they charged low interest or lent without collateral.

Assessed contributionsb c

12. The Secretary General s proposal envisaged that Member States against whose unpaid contributions advances had been made would bear the opportunity cost of financing advances from the Revolving Credit Fund (i.e., they would bear the cost of the interest lost by drawing against the Fund) through a debiting of any amounts owed to them by the Organization for prior year surpluses not yet credited to their future assessments, up to the full amount of their share of such surpluses.

Loans

15. Decides that under the mixed assessment option of one time and multi year assessment, all assessments will be based on the regular budget scale of assessments applicable for 2007 See resolution 61 237.

However, in the case of the United States, as there are multiple assessed contributions due, including for various active peacekeeping missions, the two Tribunals and the regular budget, it would not be appropriate for the Administration unilaterally to apply the credit to any one particular assessment.

How do you want to call this loan? Examples for names are'car loan ', 'school loan', 'home owner loan '.

The Organization apos s financial crisis was the consequence of the substantial arrears of some major contributors, particularly the largest contributor.

(3)the commitments to grant loans at an interest rate which is lower than the market interest rate.

That phenomenon was even more pronounced in the case of the assessments for the budgets of peacekeeping operations, which had increased by 83 per cent for assessments and 138 per cent for unpaid contributions.

E. Unpaid assessments

e Represents unpaid assessed contributions.

When asked to return the advance payment to the Swiss buyer, the seller kept it to offset the damages arising from the sale at a reduced price.

Loans granted are divided as follows for commerce are estimated to be 99.56 , 76,61 for production and 3,83 for rendering of services.