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The fact that he is still in charge casts doubt on the administration's commitment to debt forgiveness.
Without flexibility, the earliest any HIPC candidate would have seen relief would have been autumn 2002.Mozambique has now become the test case for the seriousness of the international community's commitment to debt relief.
"But the real test is not a potentially artificial one-year number but whether or not there is a 10-year commitment to debt reduction and paying off the debt over exploding tax cuts".
The renewed commitment to debt relief is a significant victory for a coalition of religious, charity and pressure groups worldwide that helped put debt relief on the world agenda several years ago.
request to reallocate some of its gold reserves to support the monetary fund's own commitment to debt relief, an accounting change that the fund says would free $570 million to relieve poor nations' debt.
Though Republicans spoke of their proposal as committing 90percentt of next year's expected $268 billion surplus -- about $240 billion -- to paying down the national debt, a closer look at the plan reveals the new commitment to debt reduction is more modest.
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Today it also has much lower interest rates and now a jobs and infrastructure program — all measures which should be replicated in Europe without diluting our commitments to debt reduction.
Though the Clinton administration is hopeful that Congress will eventually agree to provide $435 million for the United States' share of debt relief this year, early House commitments to debt relief fall short of that mark, and the Senate has allocated only a small fraction of the money requested.
Since his arrival at the helm of Vivendi Universal ten months ago, Jean Rene Fourtou Jean-Rene Fourtou has been tightlipped about his plans for the debt-laden outfit, beyond his commitment to paring debt.
For its part, Greece appears to be insisting it will not sign any deal unless it contains a commitment to official debt relief, while the creditors say they will only start discussing debt rescheduling once a deal is signed and implemented.
Ministers from the seven nations -- Germany, France, Italy, Britain, the United States, Japan and Canada -- also reaffirmed their commitment to a debt relief initiative for poor countries.
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commitment to repayment
commitment to islam
devotion to debt
commitments to debt
obligations to debt
commitment to balance
commitment to debt reduction
commitment to borrowing
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commitment to parliament
commitment to silence
commitment to sustainability
commitment to hygiene
commitment to transparency
commitment to justice
commitment to nonviolence
commitment to excellence
commitment to pleasure
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