Sentence examples for multilateral debts from inspiring English sources

Finance ministers of the Group of Seven rich countries, meeting in London, said that "as much as" 100% of their multilateral debts should be forgiven.An initiative to relieve the HIPCs' debts has been running since 1996.

For example, it lent $800m to Sudan in 2005 and a similar amount last year as Sudan queued up to have its multilateral debts written off.This week, Mr Kaberuka urged African countries to manage their debts sensibly.

For the poorest countries with limited space for fiscal manoeuvre, a write-down of their multilateral debts is needed along with the introduction of an international debt workout mechanism.

Writing off the multilateral debts of poor countries has been one of Britain's priorities for its presidency of the G8, and today's deal will be seen as a triumph for Mr Brown, who has cajoled sometimes reluctant G7 countries - the G8 minus Russia - to back his plan.

Cancelling all of the bilateral and multilateral debts of the world's poorest countries would free up huge sums of money to be spent on education and health and would only cost people in rich countries the equivalent of a cup of coffee a year till 2015," she said.

By the end of the year, Argentina must meet payments of more than $6 billion on its multilateral debt.

The summit achieved significant progress, including a consensus to drop $55bn worth of multilateral debt for 18 of the most highly indebted countries.

So far, Argentina is the only big emerging market that has been reduced to using default on multilateral debt as a chip in its financial negotiations.

The Commonwealth's proposal for a Multilateral Debt Swap for Climate Action alongside green investment and multilateral action from both developed and developing countries are the actions we need post Paris to halt climate change.

The Commonwealth's proposal for a Multilateral Debt Swap for Climate Action has been recognized by the United Nations as a promising option to address the twin challenges of unsustainable debt and climate change.

14 Out of 39 countries eligible for debt relief under the heavily indebted poor countries (HIPC) initiative, 35 countries have reached their "completion point" and are receiving full debt relief under the multilateral debt relief initiative.