Sentences with phrase «debt sustainability»

Here are the key points of the updated debt sustainability analysis, which takes into account the events of recent weeks.

The IMF is due to publish new figures regarding Greece's debt sustainability in about a month, when it releases its latest Article 4 consultation — an economic review — on Greece.

Fund's leaked debt sustainability report shows that Greece's public debt is likely to peak at 200 % of national income within the next two years

«The sharp deterioration of the public finances in many countries has revived interest in a capital levy — a one - off tax on private wealth — as an exceptional measure to restore debt sustainability.»

For months, a haze was allowed to settle over the question of Greek debt sustainability.

«The dramatic deterioration in debt sustainability points to the need for debt relief on a scale that would need to go well beyond what has been under consideration to date — and what has been proposed by the ESM,» the IMF said, referring to the European stability mechanism bailout fund, which will be used to bankroll the Greek bailout.

In four crisp pages, the IMF's updated debt sustainability analysis ripped to shreds the notion that Greece will be able to deliver on the promises it has been forced to make in order to keep its banks open and stay in the single currency.

The draft proposal of Greece's creditors consists of two documents with the first called «Reforms for the Completion of the Current Program and Beyond» and the second document is called «Preliminary Debt Sustainability Analysis», the Greek government said in its proposed question.

Political instability in Europe is widening yield spreads and revamping fears over debt sustainability across the region, leading to speculation that the European Central Bank will need to continue with its ultra-loose monetary policy.

An earlier debt sustainability analysis was leaked in the days leading up to the Greek referendum, and helped harden opposition to the (less draconian) terms then on offer.

They called for immediate steps to reopen banks and said any deal must address debt sustainability - code for reducing Athens» crushing debt - but gave no hint of concessions from the Greek side towards its creditors» demands for deep spending cuts and far - reaching reforms of pensions and labour markets.

The closure of banks and the introduction of capital controls were «extracting a heavy toll on the banking system and the economy, leading to a further significant deterioration in debt sustainability relative to what was projected in our recently published DSA,» the IMF said.

A commission spokeswoman said that the IMF and the commission had together signed off on a different debt sustainability document.

The latest grim prognosis from the Washington - based fund represents a significant deterioration from a fortnight ago, when the IMF published an analysis of Greece's debt sustainability ahead of the referendum that said no to the creditors» proposals.

The IMF analysis states that «the dramatic deterioration in [Greece's] debt sustainability points to the need for debt relief on a scale that would need to go well beyond what has been under consideration to date — and what has been proposed by the ESM [the European stability mechanism ie by eurozone member states]».

The IMF said that is was releasing its preliminary draft debt sustainability analysis as a result of the leaks of documents reported in the Guardian earlier this week.

For example, to what extent does Chinese state lending overseas create new financial risks or exacerbate existing concerns about domestic debt sustainability?

One factor that may have incensed Greeks to vote «No» was the revelation that an internal IMF Debt Sustainability Analysis — which Lagarde had sought to suppress — had endorsed what Syriza's leader Alexis Tsipras has been saying all along: Greece needs a debt writedown.

Given the European electoral calendar, investors are concerned that if an agreement on debt sustainability is not reached by the end of February, another EU financial crisis may unfold.

Subject: Banking sector Currency pegs Debt sustainability analysis External shocks Fiscal policy Fiscal risk Nonbank financial sector Private sector Reserves South Africa Spillovers Swaziland

While the banking liquidity crisis and sovereign debt sustainability monopolised all previous summits, this G20 put an unprecedented emphasis on jobs, youth unemployment, and economic growth.

The World Bank report noted that the resulting forecasts form basis for budget planning, adding that «these forecasts are frequently inaccurate, often by wide margins; ideally, oil - revenue projections should err on the side underestimation, as overestimating future revenues can disrupt investment execution and undermine debt sustainability.»

But disregarding its own research, the IMF's debt sustainability report says that because the Greeks are incapable of delivering 4 1/2 percent primary surplus, they should reach just up to 3 1/2 percent.

The discussions focused on the implementation of the programme, the medium - term outlook, and policies and structural reforms needed to restore debt sustainability, and a return to high growth and job creation while protecting the poor.

The potential for shortfalls on implementation of austerity and structural reform are one risk, but our real concern is economic growth... While this plan should buy time up to the German election in the autumn of 2013, we expect additional measures to help Greek debt sustainability will be required beyond this date... In our opinion, something more substantial will be required, with official sector debt forgiveness a very real, but politically challenging, possibility.

IMF Managing Director Christine Lagarde said she's «delighted» that U.S. Treasury Secretary Steve Mnuchin wants her organization to increase transparency on trade imbalances and debt sustainability in countries like China, an effort she said is already underway.

IMF sources confirmed that an updated debt sustainability analysis had been prepared by staff and would be discussed by the organisation's executive board.

Another widely used measure of debt sustainability — the ratio of debt servicing to exports (Graph 3)-- showed a somewhat similar pattern.

This conclusion was based on indefensible economic logic and the absence of the IMF's debt sustainability analysis intentionally biased the negotiations.

The question of Greece's debt sustainability is particularly sensitive because it determines whether or not the International Monetary Fund will contribute to the 86 billion euros ($ 93.84 billion) bailout program.

India, Brazil and China all expressed misgivings about the original bailout in 2010 and - on the basis of the debt sustainability analysis - will see the latest plan as throwing good money after bad.

IMF Managing Director Christine Lagarde said she's «delighted» that U.S. Treasury Secretary Steve Mnuchin wants her organization to increase transparency on trade imbalances and debt sustainability.

Lagarde said she's «delighted» Treasury's Mnuchin wants the IMF to increase transparency on trade imbalances and debt sustainability in countries like China.

Three days before Greeks were due to go to the polls to say Yes or No to a now defunct bail - out deal, the IMF released its «debt sustainability analysis» for the country.

«I think the I.M.F. raising the debt sustainability issue as clearly as they did, the United States making clear that sustainability had to be dealt with, was a helpful contribution to the conversation, because without dealing with some form of debt restructuring, this problem will just come right back,» a senior United States Treasury official said on Thursday, as Treasury Secretary Jack Lew traveled through Europe.

The debt sustainability analysis comes on the eve of a crucial vote in the Greek parliament, when the prime minister, Alexis Tsipras, will seek approval for the fresh austerity measures demanded by the eurozone in return for a three - year rescue package worth up to $ 86bn (# 61bn).

While opposition concerns around Alberta's debt sustainability are misleading, the government's claims around spending growth are equally so

What if, for instance, we simply asked how China's state - owned policy banks provision of either commercial or concessional loans impacted specific issue areas, such as debt sustainability, in the host countries as well as in China itself?

Whatever the backdrop, if the perceived limits to debt sustainability are close, then governments will tend to feel that fiscal stimulus today must be accompanied by a credible promise to reverse it tomorrow.

One official last year called its Debt Sustainability Analysis, ««a joke,» a [European] commission official described it «a fairy tale to put children to sleep» and a Greek finance ministry official said it was «scientifically ridiculous.

«As far as the question of Greece's ability to finance itself and its debt sustainability, this wasn't discussed in detail, but it became clear that this question of being able to finance itself must be part of the deal,» Merkel told reporters after the meeting.