Rescheduling of Debt


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Rescheduling of Debt

The extension of the repayment period of a loan. Rescheduled loans are most common when the borrower informs the lender that he/she will be unable to repay the loan in time, or when the borrower cannot afford payments. Because a default would hurt both the borrower and the lender, the lender often works with the borrower through options, such as rescheduling the repayment.
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The $12.5 billion worth of rescheduling of debts implies that the short-run problem has been resolved.
Rescheduling of debt has been the subject of substantial academic research.
President of the Tunisian Textile and Clothing Federation, Hosni Boufadan, noted that the charter is a participatory process, adding that all the decisions of the 2017 cabinet meeting have been implemented, referring to the rescheduling of debts with the National Social Security Fund and the tax authorities.
The professional way to address such crisis, as is the case in Argentina, will ultimately lead to a recovery in the value of peso, particularly after agreeing to a rescheduling of debts with the International Monetary Fund, which offered Argentina $50 billion (Dh184 billion) to reduce the deficit.
The PPA has been pleading for official survival package: freight subsidy on exports, concessional loans and rescheduling of debts.
Member of the Sudanese Russian Ministerial Committee for Economic and Commercial Cooperation, Hussein Yusuf Hussein said in a statement to SUNA, that the Joint Sudanese-Russian Ministerial Committee discussed issue of debts and a proposal about rescheduling of debts was presented by the Chairman of the Committee, Minister of Minerals, Dr Ahmed Mohammed Sadiq Al-Karuri a year ago.
Dubai, Mar 17 (ONA) The Administrative Affairs Council for the Judiciary takes part today in the judiciary seminar currently being held in Dubai, U.A.E on insolvency and rescheduling of debts at the MENA Region.
In an attempt to avoid complications that might arise from these situations, the government announced that its annual swapping and rescheduling of debts would take place at the end of November, earlier this year than usual.
A'ayan has almost finished the rescheduling of debts which would enable it
During the talks, Koizumi is expected to express his support for Jakarta's economic and social reforms via official development assistance, rescheduling of debts Indonesia owes Japan and personnel exchanges, a Japanese official said.
The Cuban government told the delegation that it has already agreed on terms for rescheduling of debts maturing in less than one year with Britain and Italy.
In its reply to the questions sent by the Court of Auditors concerning the rescheduling of debts, the Ministry of Finance recalls that the debts contracted with Italy (25 million euros) made it possible to finance a series of projects carried out in the regions, in particular the sanitation of 8 cities (Le Kef, Kasserine, Sidi Bouzid, Gafsa and Siliana, etc.).