Word: repayment
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That fragile civilian government will inherit formidable problems. Famine still afflicts almost one out of every five Sudanese. In addition, the country must cope with more than 650,000 refugees who have fled famine and war in neighboring countries. Repaying the $9 billion foreign debt piled up by Nimeiri will prove equally difficult. In February the International Monetary Fund, citing the government's inability to repay more than $200 million in overdue loans, took the unusual step of declaring Sudan ineligible for additional assistance. The economic pinch forced Suwar al Dahab's 15-member ruling Transitional Military Council to increase...
...number of farm foreclosures will rise to 100,000 this year as a result of farmers' decreasing incomes and their subsequent inability to repay loans, said symposium organizer Harry R. Bader, a first-year law student. This crisis will cause almost half of America's 2.3 million farmers to lose their land, making 1986 "the worst year since the Great Depression," he said...
...flee the coming of Chinese rule in 1997. Esquivel has already appointed an honorary consul to process applications there. He predicts that Belize will sell about 400 bonds at $25,000 each this year. Half the money will go to buy bonds backed by U.S. securities, which will eventually repay the investment. The remaining $5 million will go directly into the national treasury...
Mentioning that he had fled Nazi Germany to this country 50 years ago, Abt said "this country saved my life and I would like to repay that debt...
...suggestions that were advanced by the IMF may tally with the way we think. As to international credit, we do need it, but I believe strongly that given our budget, our creditors and the international community should be able to see that we are making a concerted effort to repay our debt...