(w) Contingent liabilities

Note 3. Contingent liability

support 23 24 22 23 24

The existing international strategies for debt reduction and rescheduling were insufficient to alleviate the debt burden of heavily indebted poor countries.

Liability

Liquid Liabilities

Liabilities

Total Liabilities

Liabilities 4,030.

Article 27Where an enterprise (debtor) enters into an agreement with a creditor so as to substitute the existing financial liabilities by way of any new financial liability, and if the contractual stipulations regarding the new financial liability is substantially different from that regarding the existing financial liability, it shall terminate the recognition of the existing financial liability, and shall at the same time recognize the new financial liability.

Article 57The financial liabilities refers to the following liabilities of an enterprise

Liability Accounts

Liability accounts

Environmental Liabilities

Total expenditure

The accrued

An integrated asset liability structure is needed that also encompasses domestic debt and off balance sheet items.

Finally, it is important to recognize the contribution that efficient and equitable burden sharing between debtors and creditors can make to alleviating unsustainable debt burdens.

A. The HIPC initiative

Heavily Indebted Poor Countries (HIPC) Debt Initiative

contingent environmental liabilities plus explanations

(d) Debt burden

b Total liabilities.

Assets Liabilities

Assets and Liabilities

Assets and Liabilities Summary

Liquid Assets and Liabilities

Transfers to Liquid Liabilities

Expected Liquid Liabilities

In Niger, no provisions existed concerning the debts and liabilities of judges, irrespective of the amount involved.

a. a brief description of the nature of the liabilities

In recognition of the fact that many of the poorest developing countries continue to face unsustainable debt burdens, the Heavily Indebted Poor Countries Debt Initiative was launched in September 1996.

1. Reporting obligations on personal debts or liabilities

Because of the conditionalities that it imposed and its limited scope, the Heavily Indebted Poor Countries Debt Initiative had failed to resolve the debt problem.

13. The core of the debt problem that remains to be solved is the unsustainable debt positions of the group of 41 HIPCs.

Programme 72 72 74 72 71

This implies a deceleration of the growth rate of public indebtedness.

A. The Heavily Indebted Poor Countries initiative

At the balance sheet date, all asset and liability balances are revalued using the United Nations official exchange rate as at 31 December.

On the debt burden, we applaud debt relief for the highly indebted poor countries.

(2)other financial liabilities.

The American Way of Debt

F. Debt burden adjustment . 40 41 20

F. Debt burden adjustment

F. Recognition of Environmental Liabilities