Sentences with phrase «than debt servicing»

The fact that debt may be rising faster than debt servicing capacity is not necessarily inconsistent with the capital frontier model.

Debt, in this case, must be rising faster than debt servicing capacity, in which case Beijing's true debt level is not the nominal debt level but rather the nominal debt level plus estimates of contingent liabilities likely to rise as a consequence of wasted investment.

The combination of very high levels of debt and excess manufacturing capacity can lock an economy into a self - reinforcing deflationary process in which growth stagnates and debt rises faster than debt servicing capacity.

This would sharply enhance growth rates during the expansion phase, much like margin borrowing enhances returns when market prices are rising faster than the debt servicing costs, but at the expense of sub-par performance once conditions reverse.

Generally accepted accounting principles (GAAP) provide special revenue funds to account for and report the proceeds of specific revenue sources that are restricted or committed to expenditures for specified purposes other than debt service or capital projects.

Not exact matches

But he points to a report from the Parliamentary Budget Officer released earlier this year showing that, since 2009, the debt service ratio — a measure of income spent to pay debt — has remained steady at around 14 per cent, not much higher than the long - term average.

When Hausmann was challenged on the point that the U.S. was actually paying to service its debt, he replied: «Yes, but they are making much more money on their investments abroad than they are paying on their liabilities abroad.»

Rather than waiting to find out, the central bank opted to make it easier for unemployed oil workers to service their debts.

Apple generates more than enough cash flow to service this amount of debt and has $ 147 billion of cash in the bank.

More than 500,000 borrowers are certified to have their student debt forgiven over the next decade because they work in public service.

Those proposals speak less to debt settlement companies themselves, in most cases, than they do to so - called «lead generators» — companies that advertise debt settlement, sign - up potential clients and then sell their information to back - end service providers.

«A 35 - year or longer mortgage encourages people to take on more debt than they can really afford,» says Debbie Klein, a manager with Credit Counselling Services of Alberta Ltd..

According to the Schwab Retirement Plan Services survey, more than one - third of millennials reported they can't save for retirement because they're still dealing with the burden of student loan debt.

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

In a low - inflation environment, nominal interest rates are also low, and households are able to service much higher levels of debt than they could in the past.

It is only when credit growth begins to decelerate much more rapidly than nominal GDP growth that we can begin to talk hopefully about China's moving in the right direction, and it is only when credit growth falls permanently below the growth rate of the economy's debt - servicing capacity that China will have adjusted.

«If you assume that for many years China has been misallocating investment (by which I simply mean that the resulting increase in productivity generated by the investment was less than the correctly calculated debt - servicing cost)...» How about not «assuming» and offer proof?

The fact that China's debt is rising much more quickly than China's debt servicing capacity is consistent with my implicit model — which claims that the optimal amount of capital stock in China is a function of China's relatively low level of social capital, and that Chinese investment has far exceeded its optimal level — but it doesn't prove it.

I don't know, but it's raising the cost of debt servicing more than expected for lots of banks and businesses that borrow in the short - term debt market.

Depending upon the nature of the loan, periodic payments will be either daily or weekly, allowing the small business owner to spread the burden of debt service throughout the month, rather than requiring one larger payment at the end of the month.

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).

Of course debt growing faster than debt - servicing capacity is unsustainable, so we will set as our first financial sector target the point at which the two grow in line with each other.

Because the amount of bad debt in each period is almost certainly a growing number, it must follow logically that the GDP growth number observers really want, rather than the one they have — that is, GDP growth as a systems output that can serve as a proxy for debt - servicing capacity — is a declining number, and perhaps even a quickly declining number.

China's public - sector investment, in other words, is value destroying, and because it is funded by debt, additional investment causes China's real debt servicing costs to rise faster than its real debt servicing capacity.

In that case, with incentives lines up so that all the major economic agents worsen the debt problem, debt must rise faster than both GDP and the country's debt - servicing ability.

In addition, the government debt stock and service remain vulnerable to stronger devaluations than Moody's baseline scenario.

Detroit has more than $ 18 billion in debt and unfunded liabilities and doesn't have the revenues to meet those obligations and provide an adequate level of services to its people, who pay the highest taxes per capita in Michigan.

Coincident with this, the Federal Reserve has accumulated nearly $ 1.5 trillion of Fannie Mae and Freddie Mac securities (MBS and agency debt), which is has no plan to liquidate other than lip service.

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.

Is there any reason why someone with an outstanding mortgage should buy bonds rather than service their own more expensive debt?

The recent rise in the debt - servicing ratio is largely a result of households increasing their debt levels, rather than an unexpected sharp rise in interest rates, as occurred in the late 1980s.

Connect with more than 700 industry influencers, including international VC and PE investors, debt and equity providers, institutional funds, high - growth entrepreneurs at the forefront of innovation, government entities, corporations and service providers who all have a vested interest in accelerating Canada's innovation and growth ecosystem.

We believe the main factor that drove the most significant bull market in U.S. stock market history (household debt that enabled unrestricted consumption of everything from goods and services to homes) will reverse and continue the deleveraging process that will more than likely continue for a very long time.

Alaska residents pay more for goods and services than residents of many other states pay, and so it's no surprise that residents of the state has accumulated some debt over the years.

Debt servicing ratios of both the corporate and unincorporated sectors have been lower for the past couple of years than at any time in the preceding decade (Graph 6).

The revised data including the financial intermediation service charge suggest a slightly higher debt - servicing ratio over recent years than that indicated by the RBA's earlier estimates, with the revised ratio averaging 1/4 — 1/2 of a percentage point higher over recent quarters.

Household debt service payments as a percent of disposable personal income is lower than it has been at any point in the last 15 years.

In other words, are households that can afford to meet their debt - servicing requirement likely to change their behaviour in other ways now that they have a higher debt level than formerly?

Further, servicing costs of those households with debt are considerably higher than indicated by the average experience across the household sector, and have risen a good deal over the past ten years.

Other measures of household balance sheet health such as the debt - servicing ratio and the gearing ratio show considerably less of an upward trend than the debt to income ratio.

The company is one of the public services that were swiftly privatized in recent years, supposedly to help pay the foreign debt (though the debt is now larger than ever).

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

More than 550 New York state service members will benefit from a combined $ 2.2 million in consumer debt relief because of a settlement New York and 12 other states reached with the military lender Rome Finance Company.

A zero net transfer occurs when «inflows from new international lending have roughly offset the outflows to service debts incurred in earlier years»; a negative net transfer is when a country «actually pays more in debt service than it receives in new money» (p. 36).

- credit rating agencies should be reformed - those paying for their services should be investors rather than the issuers of debt.

Such was the crisis that we were expected to do little more than borrow more to incur more debt but not for the purpose of growing the economy but rather for servicing a fast - increasing debt.

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).

«Most importantly, Nigeria is presently servicing debt with about 25 per cent of its annual budget and what will happen to the economy in 2017, when the country will begin to service the additional debt to be incurred this year is better imagined than experienced.

Beginning in the first year of operation, 2021, the new DCJTC is expected to save taxpayers more than $ 5 million annually after debt service is factored in.

The largest adjustment comes from making debt service payments earlier than previously planned.