Sentences with phrase «of foreign debt»

The decline in world interest rates over the past few years has seen the servicing burden of foreign debt fall to around the levels of the early 1980s.

First, at my urging, it negotiated with its creditors to cancel the overhang of foreign debts.

The other aspect of foreign debt that has received a lot of attention in the light of recent Asian developments is the extent of unhedged foreign currency borrowing.

Looking at a graph of the ratio of foreign debt to GDP (Graph 2) shows that it nearly tripled between 1982 and 1986 (from 12 per cent to 33 per cent).

More recently the rate of growth of corporate borrowing from domestic financial institutions has declined, and in the March quarter corporates retired a large sum of foreign debt.

While falling world interest rates have reduced the servicing cost of foreign debt over the past two years, this has been offset by rising dividend payments on foreign holdings of Australian equity, reflecting the strong profit growth of Australian companies throughout this period.

In 2001 Argentina defaulted on about 100 billion USD of its foreign debt.

Chancellor Gordon Brown has called for the suspension of foreign debts owed by the countries hit by the tsunami disaster.

«Oil sold for less during Obasanjo's regime, yet he got part of our foreign debt waived, paid off the remaining and left a huge foreign reserve.»

Under debt - for - nature swaps, conservation groups arrange to buy from banks small amounts of the foreign debts of poor nations.

The 2013 survey also suggests that hedging ratios for foreign equity assets were lower than those of foreign debt assets, which is also consistent with the results of the 2013 National Australia Bank Superannuation FX Survey (NAB Survey; NAB 2013).

For instance, a while back North Korea paid some of its foreign debt in ginseng.