Payments
in sentence
1196 examples of Payments in a sentence
Norway agreed to provide $1 billion in “performance-based payments” to Brazil for successfully protecting its rainforests.
In the run-up to its debt crisis in 2010, the government’s primary budget deficit (the amount by which government expenditure on goods and services exceeds revenues, excluding interest
payments
on its debt) was equivalent to an astonishing 10% of national income.
This would mean a loss for the US, because, sooner or later, some of the efficiency gains achieved by the Dubai firm would be passed on to US ports in the form of higher lease
payments.
But the best feasible target would be a tiny symbolic surplus for the primary balance (which excludes interest
payments
on debt) this year, and a gradual increase thereafter to a realistic 1.5-2% of GDP.
While the primary deficit (before interest payments) in 2002 was similar among countries with and without important natural resources, in 2007, the former showed a surplus equivalent to 3.8% of GDP – compared to 1.6% of GDP for non-commodity-exporting countries.
This would require accepting massive losses on public and private debt, as well as enormous transfer
payments
that boost the periphery’s income while its output stagnates.
Under the new deal, Puerto Rico’s annual debt
payments
would increase from $420 million in fiscal year 2019 to almost $1 billion in fiscal year 2041, implying an aggregate recovery rate of 75.5% of the amount owed.
Dividend
payments
made by under-capitalized banks amount to a substantial wealth transfer from subordinated bondholders to shareholders, because it is bondholders who will suffer the losses in a crisis.
Such a policy would not even require regulators to broach topics like capital issuance, bailouts, or bail-ins, and some banks have even already begun to suspend dividend
payments.
Others are calling for criminal investigations, characterizing the work he led on a Plan B (whereby Greece would introduce a new
payments
system either in parallel or instead of the euro) as tantamount to treason.
Facing external
payments
obligations, and with the currency under pressure, the government will again seek a proposed $4.8 billion loan from the International Monetary Fund and co-financing from other multilateral and bilateral sources.
Like other aid recipients, Greece has become locked in a codependent relationship with its creditors, which are providing assistance in the form of de facto debt relief through subsidized loans and deferred interest
payments.
No reasonable person expects Greece ever to be able to pay off its debts, but the country has become trapped in a seemingly endless cycle of
payments
and bailouts – making it dependent on its donors for its very survival.
The government had budgeted for a large primary surplus (which excludes interest payments), which was projected at 4% of GDP.
If Greece had defaulted in January, this primary surplus could (in theory) have been redirected from interest
payments
to finance the higher wages, pensions, and public spending that Syriza had promised in its election campaign.
Other EU transfer
payments
would also be disbursed by the EMF under strict scrutiny, or they could be used to pay down the defaulting country’s debt to the EMF.
Moreover, the US will be paying for its current excesses with the promise of future payments, and inefficient stimulus now will not give future generations the productive resources needed to make good on it.
Argentina should be given a year's full suspension of
payments
on its foreign debts, to be followed by a deep reduction in overall indebtedness.
Private investors are acknowledging the reality that repayments will likely be drawn out, because insisting on existing terms could cause an untenable bunching of debt-service payments, with possibly unpleasant consequences.
First, front-loaded fiscal austerity – however necessary – is accelerating the contraction, as higher taxes and lower government spending and transfer
payments
reduce disposable income and aggregate demand.
How to End the Greek TragedySANTIAGO – European leaders, faced with the reality of an insolvent Greece, are reportedly now considering a “Plan B” that would involve reducing the burden of its future debt
payments.
Kenya’s M-KOPA is leveraging the hugely successful domestic mobile
payments
platform, M-PESA, to make clean energy available to poorer communities.
This approach, if extended across more
payments
platforms, could engage hundreds of millions of individuals in factoring carbon-savings into their daily lifestyle choices.
Even for those taxpayers who had feared a tax increase in 2011 and 2012, it is not clear how much the lower tax
payments
will actually boost consumer spending.
But, while the decline in tax
payments
will be about 0.8% of GDP, it is not clear how much of this will translate into additional consumer spending and how much into additional saving.
But, at a time when interest rates are very low and large businesses have enormous amounts of cash on their balance sheets, this change in the timing of tax
payments
is not likely to do much to stimulate investment.
The troika is still demanding that Greece achieve a primary budget surplus (excluding interest payments) of 3.5% of GDP by 2018.
If illicit deals are what it takes to gain access to the resources and markets they needed, private firms have been more than willing to strike them, offering cash or other
payments
to officials who bent or broke rules on their behalf.
Criticism of large European transfer
payments
may have some justification, say, insofar as French, Greek, and Italian civil servants could indeed retire young.
As Bernanke pointed out, 45% of US farms were behind on mortgage
payments
in 1933, and in 1934, default rates on home mortgages exceeded 38% in half of US cities.
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