Payments
in sentence
1196 examples of Payments in a sentence
First, EU policymakers should consider making all future structural-funds
payments
conditional on recipient countries’ adherence to the rule of law.
For Chinese policy makers, today's market pressures are not high enough to force them to take action, as China still enjoys a decent surplus in its balance of payments, both on current account and capital account.
Part of the reason stems from tax systems, which in some countries allow some consumer interest
payments
(for example, mortgages in the US) to be deducted from taxable income.
Corporate interest
payments
are typically deductible, too.
Under her leadership, Congress has pursued a populist agenda that increased transfer
payments
and reduced India’s annual economic-growth rate to less than 4% in 2013.
Greece’s default on its national debt need not mean an explicit refusal to make principal and interest
payments
when they come due.
Depressing economic activity further through higher taxes and reduced government spending would cause offsetting reductions in tax revenue and offsetting increases in transfer
payments
to the unemployed.
The increased demand for Greek goods and services would raise Greece’s GDP, increasing tax revenue and reducing transfer
payments.
With operating cash flows inadequate to repay much of China’s debt, borrowers have little choice but to finance
payments
with new credit.
The main problem in Russia's economy at the moment is that both Soviet and Russian borrowings have totaled 158 billion dollars, which means that Russia with its annual budget revenue of 20 billion dollars, is incapable of paying back its debts because, for the next 12 years, its annual debt-servicing
payments
are to be from 12 to 17 billion dollars.
Because such
payments
are more than Russia can handle and the government has proved incapable of renegotiating the payment schedule or of writing off some of the Soviet debt, it continuously fails to meet its repayment obligations.
Thus, Russia is denied access to new credits and has to make its scheduled
payments
at the expense of its currency reserves, so impeding the financing of internal growth and, as a result, the same cycle of problems is reproduced.
People in Africa – and, indeed, throughout low- and middle-income countries – are seizing the opportunities that technology provides, using mobile phones for everything from making
payments
to issuing birth certificates, to gaining access to health care.
Those who oppose their proposed reforms are most likely insiders – people who have received
payments
from big banks over the past year or two.
According to the Society for Worldwide Interbank Financial Telecommunication (SWIFT), dollars are used in nearly half of all cross-border payments, a share far greater than the weight of the US in the world economy.
While there is no purely technical obstacle to creating an alternative
payments
channel, doing so is certain to enrage Trump, who will presumably respond with another round of tariffs against the offending countries.
If the geopolitical shock of Trump’s unilateralism spurs an institutional innovation that makes it easier for European banks and companies to make
payments
in euros, then the transformation could be swift (as it were).
Instead, Argentina never balanced its budget, not even the budget net of interest
payments
on its debt.
Since its 1999 stabilization, the budget net of interest
payments
has constantly shown a surplus, now as high as 3.8% of GDP.
Likewise, the deficit countries’ exchange rates are overvalued relative to third countries like the United States and Japan, while Germany’s currency is undervalued, because the euro’s exchange rate is determined by the balance of
payments
of the eurozone as a whole, which Germany’s massive surplus distorts.
The alternative – allowing the past, in the form of interest
payments
on the national debt and entitlement spending, to continue dictating fiscal policy – would block prosperity among middle-income households, by requiring continuous tax increases and reduced public investment.
In 2000 the nation ran a budget surplus of 1% of domestic output, which became a total deficit of 2.4% once interest
payments
were added in.
Interest
payments
drove up the deficit, which spooked investors who demanded even higher spreads, enlarging the deficit even more.
For one thing, the debts were enormous, amounting to over $100 billion (including accrued interest payments); indeed, Argentina’s was the largest external default on record until Greece’s recent restructuring.
Then, in 2014, US Federal Court Judge Thomas P. Griesa decided in favor of the holdouts (largely so-called vulture funds), ruling that they had not received equal treatment and thus that Argentina could not make
payments
on its restructured debt until it paid the holdouts.
Interest
payments
account for an ever-larger share of budgets – and will continue to grow when interest rates start to rise again.
And, over the last few years, China’s authorities have gradually loosened their grip on the capital account, allowing the renminbi to become the fifth most popular currency for settling global
payments.
Development of unconventional oil and gas supported 2.1 million jobs and contributed $74 billion in tax revenues and royalty
payments
to government coffers in 2012.
But even if the intellectual objection to extra revenue can be overcome in this way, the practical political problem is that every large tax expenditure – the home mortgage interest deduction, the exclusion of employer
payments
for health insurance, etc. – has its fervent defenders.
The French, German, and Irish governments would be particularly delighted to see UK-based banks and hedge funds shackled by EU regulations, and UK-based businesses involved in asset management, insurance, accountancy, law, and media forced to transfer their jobs, head offices, and tax
payments
to Paris, Frankfurt, or Dublin.
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