Mr. Speaker, these reforms will generate fiscal space to support priority spending programmes, boost growth, improve the societal welfare of our citizenry, and guarantee the achievement of our goal
of debt sustainability.
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.
Not exact matches
Poloz echoed those conclusions, saying last week that any analysis
of the
sustainability of debt must take into consideration that policy makers have learned a great deal about how to manage it.
Low sovereign bond yields have long helped the government finance its
debt, thus, higher yields would undermine the
sustainability of its fiscal position, analysts said.
For months, a haze was allowed to settle over the question
of Greek
debt sustainability.
«Ultimately, what drives the
sustainability of debt is whether carrying it is affordable and whether the distribution
of that
debt poses any systemic financial risk,» said the memo, which was partially redacted.
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 more difficult question will be to reach
sustainability of the
debt, whether a package that is large enough can be agreed upon without any
debt reduction,» Mr. Schäuble said.
«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 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.
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.
Global financial crisis: causes, consequences, cures Central bank responses to the crisis: issues
of democratic accountability, QE and inflation, regulatory reform Fiscal policy responses to the crisis: issues
of inflation, stimulus,
debt sustainability Real estate prices and mortgage problems New directions in economics in light
of the GFC Impacts
of the GFC on the BRICS and the developing world Modern Money Theory, Functional Finance Job Guarantee / Employer
of Last Resort Problems
of Euroland,
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 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.
Here are the key points
of the updated
debt sustainability analysis, which takes into account the events
of recent weeks.
This conclusion was based on indefensible economic logic and the absence
of the IMF's
debt sustainability analysis intentionally biased the negotiations.
Third, in a world where interest rates over horizons
of more than a generation are far lower than even pessimistic projections
of growth, traditional thinking about
debt sustainability needs to be discarded.
According to the Parliamentary Budget Office (PBO), the fiscal structure
of the provincial - territorial government sector is not sustainable (Fiscal
Sustainability Report 2012), given their current
debt structures and the pressures that they will face from an ageing population.
The evidence also suggests, however, that any expansion is likely to be relatively weak except for a 1 - 2 quarter bounce
of inventory rebuilding, and that the
sustainability of any upturn may be cut short by accelerating
debt problems.
In his 2012 fall report, the Auditor General raises the issue
of «long - term fiscal
sustainability» — the government's capacity to finance its activities and
debt obligations in the future without imposing an unfair tax burden on future generations.
At the end
of the day,
sustainability is key when you're plotting out a course to
debt repayment.
I was also intrigued by the way you questioned not only the
sustainability but also the ideology
of the housing boom, noting how going into
debt — taking on a huge mortgage — had become defined as an «investment,» as a path to not only wealth but freedom as well.
«We are focused on
debt repayment and capital flexibility, investment in the long - term
sustainability of our core iron - ore assets, creating low - cost future growth options and delivery
of returns to our shareholders,» the company said in a statement.
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.
«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.»
According to the Parliamentary Budget Officer (PBO), fiscal
sustainability means that, under current policies, government
debt should not grow continuously as a share
of GDP.
«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.
While a third aid program is off the table for now,
debt sustainability is part
of the aid talks, she said.
For those companies that pay dividends, this is likely the most important question to answer as a dividend cut speaks to the
sustainability not just
of the dividend, but
of the overall business plan in an era
of depressed metals prices and excessive
debt.
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 Deputy Head
of Macroeconomic Research Unit, Ministry
of Finance, Dr. Millicent deGraft - Johnson who spoke on the governments short to medium - term development programme said it was aimed at providing opportunities for growth and job creation through the private sector, and had developed concrete reform actions to tackle key challenges to private investment such as ensuring macroeconomic stability and
debt sustainability, improving the ease
of doing business and enhancing access to affordable and long - term financing and de-risking instruments.
The objectives
of Ghana going to the IMF for the bailout was to restore
debt sustainability and macroeconomic stability, to foster a return to high growth and job creation through agriculture, and infrastructure investment, while protecting social spending;
According to her, it was the reason why government has incorporated the goals into Ghana's 40 - year development plan as well as programmes and policies such as «Planting for Food and Jobs», «One - District, One - Factory» and «Free Senior High School Education», which was all geared towards positioning Ghana on the path
of fiscal consolidation,
debt sustainability, growth and development.
17.4 assist developing countries in attaining long - term
debt sustainability through coordinated policies aimed at fostering
debt financing,
debt relief and
debt restructuring, as appropriate, and address the external
debt of highly indebted poor countries (HIPC) to reduce
debt distress
However, if a company is adding
debt to pay dividends (for example), there is no collateral and I will worry about the
sustainability of this business practice regardless
of the current
debt / equity ratio.
These are all strategies espoused by Niquenya Fulbright, a life coach and founder
of Learning About
Debt, Investments, & Economic
Sustainability — an online group that focuses on women's personal finances.
Of course, the usual temptation here is to rely primarily on quantitative analysis — let the numbers do the talking — focusing on the consistency & sustainability of strong free cash flow (as a % of net income), high net margins, high return on equity (though not dependent on excessive debt), and good return on assets (in excess of WACC
Of course, the usual temptation here is to rely primarily on quantitative analysis — let the numbers do the talking — focusing on the consistency &
sustainability of strong free cash flow (as a % of net income), high net margins, high return on equity (though not dependent on excessive debt), and good return on assets (in excess of WACC
of strong free cash flow (as a %
of net income), high net margins, high return on equity (though not dependent on excessive debt), and good return on assets (in excess of WACC
of net income), high net margins, high return on equity (though not dependent on excessive
debt), and good return on assets (in excess
of WACC
of WACC).
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Viewed from the perspective
of our national
debt, operating energy is a vital indicator
of sustainability.