Sentences with phrase «spent on debt servicing»

It has a permanent tax base, so in theory it can time - shift its debt obligations indefinitely - without even reducing the bond - rating by simply shifting the ratio of revenue spent on debt servicing versus every other obligation.

Although 2011 has seen a slight improvement and witnessed the rate of household income spent on debt services fall from 13 % to 11 %, the good citizens of America are still investing vast sums of money into outsourcing the management of their debt.

Not exact matches

Meanwhile, as the government takes on more debt to fund its daily operations, the cost to service that debt will take up a larger chunk of government spending as well.

By 2025 - 26, the province will be spending $ 16.9 - billion on debt service charges, or 8.8 per cent of revenue.

Forget about household spending: with debt at record levels, consumer spending on new goods and services will be restrained.

Governor Snyder has said that the bankruptcy filing will allow the city to spend more money on public services because less of its money will be hurdled toward paying interest on debt.

A customer - service rep named Talia Jane, who worked for the company's food delivery arm Eat24, wrote an open letter to Yelp CEO Jeremy Stoppelmann on Friday explaining how she could not afford to pay groceries, had stopped using her heater, spent 80 % of her income on paying rent in San Francisco, and was «balancing all sorts of debt and trying to pave a life for myself that doesn't involve crying in the bathtub every week.»

As Scotiabank mentioned in a note last week: «Higher interest rates are going to make the burden of refinancing the debt considerably heavier, and as more money goes into servicing the debt, it means less money is available to spend on other things, which could lead to less infrastructure spending and increased austerity.»

On the demand side it seems plausible that, as people get richer, more of their income can be spent on financial services, including debt servicing, as proportionately less needs to be spent on necessitieOn the demand side it seems plausible that, as people get richer, more of their income can be spent on financial services, including debt servicing, as proportionately less needs to be spent on necessitieon financial services, including debt servicing, as proportionately less needs to be spent on necessitieon necessities.

As debts grow, more income must be paid out as interest and amortization rather than being available for spending on goods and services.

On average, self - employed Greeks spend 82 % of their monthly reported income — ie, the amount they declare to the tax office — on servicing debt paymentOn average, self - employed Greeks spend 82 % of their monthly reported income — ie, the amount they declare to the tax office — on servicing debt paymenton servicing debt payments.

Unless this tax favoritism is reversed, more and more revenue will be diverted away from spending on consumption and investment to pay debt service and «financialize» the economy even more.

How can U.S. labor compete with foreign labor when employees and their employers are obliged to pay such high mortgage debt for its housing, such high student debt for its education, such high medical insurance and Social Security (FICA withholding), such high credit - card debt — all this even before spending on goods and services?

This means that you should spend no more than 28 percent of your gross monthly income on total housing expenses, and no more than 36 percent on total debt service (including the new mortgage payment).

The Rada's announcement last week that it shifted $ 8 billion from debt service to spend on a new...

Just as hoarding diverts revenue away from being spent on goods and services, so debt repayment shrinks spendable income.

The budget highlights the huge imbalances created by five years of economic crisis: Spain will set aside $ 36.6 billion ($ 49.5 billion) to service its fast - rising pile of public debt, $ 2 billion more than it will spend on the 13 government ministries.

In addition, indicators of financial stress — such as loan arrears — remain low, suggesting that the high debt - servicing burden is not yet imposing a significant constraint on consumer spending.

And the more debt service that is paid, the less is available to spend on goods and services (the «real» economy).

Mozambique continues to spend more on debt servicing than on health and education combined.

The DIAPER Actl puts more parents to work earning paychecks that can be spent on consumer goods and services, driving up GDP; generating spending that helps get our country out of the current debt crisis.

In other words, the committee this year will focus on spending the money it raises on field work and candidates, not debt service.

A report by Christian Aid, Enough is Enough: The Debt Repudiation Option, hypothesises that had the money spent to service foreign debt «been spent on healthcare, education and infrastructure, the millennium development goals — which today seem like a fantasy — might have been within the world's grasp» (p.Debt Repudiation Option, hypothesises that had the money spent to service foreign debt «been spent on healthcare, education and infrastructure, the millennium development goals — which today seem like a fantasy — might have been within the world's grasp» (p.debt «been spent on healthcare, education and infrastructure, the millennium development goals — which today seem like a fantasy — might have been within the world's grasp» (p. 9).

Yes, they have blamed Labour for excessive levels of debt and the poor state of the economy, but they have blamed Labour for «waste» and unnecessary spending rather than for high levels of spending on public services (which they support).

For the real revelation last Wednesday was not the size of the borrowing, or the doubling of the national debt, or even the fact that we're now going to be spending more on servicing that debt that running our schools.

This practice does not have any impact on total debt service costs, but increases spending in the year the prepayment is made and reduces it in the subsequent year, thereby causing the growth rate from year to year to appear lower.

Finally the impact of the new net spending, fresh overheads, administrative overreach, additional costs of controls, leakages, and the second - order effects of these parameters was assessed on key macroeconomic variables such as inflation, GDP - per - capita growth, debt service - to - revenue ratio, exchange rate, import cover, interest rates and credit dynamics.

Once we factor in spending on the likes of debt interest and benefits, the government's figures show spending on public services will have to be cut between 2011 and 2014.

Once the likely costs of benefit payments and increased debt interest were taken off the spending total, the amount left to spend on public services faced an inevitable squeeze.

Britain is already paying out more on servicing its debt than it spends on defence and policing.

In addition, charter schools are generally required to spend a significant portion of their budgets on rent or facilities - related debt service, an extra cost that is generally not included in most charter - school funding formulas.

(c) For the fiscal year ending June 30, 2014, and each fiscal year thereafter, the governing authority for each state charter school shall annually make available on the Internet web site of such governing authority the aggregate spending on salaries, employee benefits, instructional supplies, educational media supplies, instructional equipment, regular education tuition, special education tuition, purchased services and all other expenditure items, excluding debt service, for each state charter school under the jurisdiction of such governing authority.

There are many ways to calculate per - pupil spending, depending on whether transportation, debt service, capital outlays and other expenses are included.

So Hoover — «a fabulous self - promoter and a very talented author,» Rennert said — earns back her debt to the agency, and the agency gets 15 percent to cover «the hours and months we devote to editorial; figuring out how to position and package the book to reach the right market; the time spent on quality control; seeking out and dealing with high - caliber vendors providing the above services; and locating and vetting professional photographers and cover designers whose work is every bit as good as those used in traditionally published books.»

A lender is likely to calculate your company's debt service coverage ratio, which is defined as your annual net operating income (NOI) divided by your annual total debt service — the amount you'll have to spend paying back principal and interest on your debt.

For people that were current on their bills but wanted to do better, we offered the Debt Eliminator service to show them how, comprehensive financial tracking through our Ultimate Spending Plan budget tracking books, online bill payment capabilities, and Financial Recovery Counseling for those that had spending issues they wanted to oSpending Plan budget tracking books, online bill payment capabilities, and Financial Recovery Counseling for those that had spending issues they wanted to ospending issues they wanted to overcome.

Check out their costs in advance and ask as many questions as possible as you won't want to spend money on them in excess of the service they are providing as at the end of the day that will be better spent reducing your debt.

Saving is not just about earning a return on your investment, but also about minimizing the amount you spend on interest servicing your debt.

Sometimes critics say to keep your balances below 50 %, and some critics use 40 % as the spending red light, but at Golden Financial Services where we specialize in credit card debt relief we say 30 % is the number that you need to keep a close eye on.

If you do not wish to spend too much on debt consolidation services, you can opt for the company that offers the cheapest quotes for a debt consolidation loan.

Including your minimum debt repayments, how much per month do you want to spend on servicing your debt?

CMHC's new Debt Service Calculator allows home buyers to evaluate their financial situation and understand how much they can afford to spend on a mortgage.

This rule says that no household should devote more than 36 % of its monthly income to servicing debt or spend more than 28 % of its income on housing (i.e., mortgage payments, home insurance, rent, HOA fees, etc.).

Japan is spending 50 % of its taxes on debt service.

The issue is whether we want to spend so much of each year's Federal budget on servicing the debt.

I haven't looked at the exact percentages in a long time since they are not pertinent to my business model, but essentially you are permitted to spend only a certain percentage of your income on all of your combined expenses, not including the debt service on the mortgage loan that you are applying for.