Your English writing platform
Discover LudwigExact(4)
The result of superhigh rates means that debt servicing in 2002 is up almost 70%, to 176 billion reals ($58 billion), according to the IIE.
In his first blog response to me, Krugman argues that the coming rise in debt servicing in the CBO baseline is somehow irrelevant because it will result from a rise in interest rates not from a continuing rise in the debt-GDP ratio.
The agency's three key recommendations are: Eligibility for debt relief should not be based on exports alone, as is the case under the current HIPC initiative, but should also be based on the share of debt servicing in the national budget.
The four worst affected countries pay their foreign creditors $4 million a day in debt servicing.
Similar(54)
Divide the mortgage debt service in a market by the median household income in that market.
Factoring in the growth in the federal budget over that same period, the proportion of federal outlays devoted to debt servicing costs in 2013 was actually significantly lower than was the case in 2000.
In 2009 the Gambia devoted 15% of revenue to debt-service; in 2014, 23%.
Many countries are paying more toward debt servicing than their earnings in exports.
The bond trustee began dipping into debt service reserves in 2008.
The trade off will be higher debt servicing costs and public anger at cuts in services.
They limited debt servicing while ramping up government capital expenditures in support of growth.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com