The President further explained that in addition to the implementation of the approved external borrowing plan and in order to reduce debt service levels and lengthen the tenor profile of the debt stock, the Federal Government sought to substitute maturing domestic debts with less expensive long -
term external debts.
Not exact matches
By the early 1980s, enormous
external debts, soaring interest rates, and the beginning of a long -
term decline in commodity prices set off what was subsequently known as the LDC
Debt Crisis.
These entrepreneurs stay connected to both
external and internal realities to know when to accelerate and when to shift the short -
term / long -
term balance, with a sharp eye on cash flow and
debt.
On the basis of accepting such
terms and adjustments funds are made available, often with
external debt repayment as an immediate objective.
«The Federal Ministry of Finance, the
Debt Management Office and the Federal Government's appointed transaction parties for the proposed
external borrowings will work assiduously within the context of the market to secure the best
terms and conditions for the Federal Republic of Nigeria,» Buhari added.
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
Jesus, I struggle to think of somebody with any real power in the US who truly gives a flying f**k about their accelerating
debt burden,
debt monetization, or the long -
term external value of the dollar.