47722 v2 Global Developlllent Finance The Globalization of Corporate Finance in Developing Countries II: Summary and CountryTables Global peveloplllent mance The Globalization of Corporate Finance in Developing Countries I I: SUM MAR Y AND CO U NT R Y TAB L E S 2007 THE WORLD BANK © 2007 The International Bank for Reconstruction and Developmentrrhe World Bank 1818 H Street, NW Washington, DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org E-mail: feedback@worldbank.org All rights reserved 1 2 3 4 10 09 08 07 This volume is a product of the staff of the World Bank. The findings, interpretations, and conclusions expressed herein do not necessarily reflect the views of the Board of Executive Directors of the World Bank or the governments they represent. The World Bank does nor guarantee the accuracy of the data included in this work. 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All other queries on rights and licenses, including subsidiary rights, should be addressed to the Office of the Publisher, World Bank, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2422; e-mail: pubrights@worldbank.org. Cover art: Charles Arnoldi, "Jumbo," 2000 (detail). Cover design: Drew Fasick ISBN-13: 978-0-8213-6964-7 eISBN-13: 978-0-8213-7104-6 ISSN 1020-5454 DOl: 10.15961978-0-8213-6964-7 Table of Contents Preface vn Burkina Faso 81 Burundi 84 Acknowledgments ix Cambodia 87 Cameroon 90 Abont the data Xl Cape Verde 93 Methodology Xl Central African Republic 96 Metadata XlV Chad 99 Country notes xx Chile 102 Sources xx China 105 Symbols XXI Colombia 108 Comoros 111 Abbreviations XXlll Congo, Democratic Republic of 114 Congo, Republic of 117 Country groups XXVll Costa Rica 120 Cote d'!voire 123 Summary tables XXIX Croatia 126 Djibouti 129 Regional and income group aggregate Dominica 132 tables 1 Dominican Republic 135 Ecuador 138 Country tables 29 Egypt, Arab Republic of 141 Albania 30 El Salvador 144 Algeria 33 Equatorial Guinea 147 Angola 36 Eritrea 150 Argentina 39 Estonia 153 Armenia 42 Ethiopia 156 Azerbaijan 45 Fiji 159 Bangladesh 48 Gabon 162 Barbados 51 Gambia, The 165 Belarus 54 Georgia 168 Belize 57 Ghana 171 Benin 60 Grenada 174 Bhutan 63 Guatemala 177 Bolivia 66 Guinea 180 Bosnia and Herzegovina 69 Guinea-Bissau 183 Botswana 72 Guyana 186 Brazil 75 Haiti 189 Bulgaria 78 Honduras 192 v GLOBAL DEVELOPMENT FINANCE 2007 Hungary 195 Poland 315 India 198 Romania 318 Indonesia 201 Russian Federation 321 Iran, Islamic Republic of 204 Rwanda 324 Jamaica 207 Samoa 327 Jordan 210 Sao Tome and Principe 330 Kazakhstan 213 Senegal 333 Kenya 216 Serbia and Montenegro 336 Kyrgyz Republic 219 Seychelles 339 Lao People's Democratic Republic 222 Sierra Leone 342 Latvia 225 Slovak Republic 345 Lebanon 228 Solomon Islands 348 Lesotho 231 Somalia 351 Liberia 234 South Africa 354 Lithuania 237 Sri Lanka 357 Macedonia, FYR 240 St. Kitts and Nevis 360 Madagascar 243 St. Lucia 363 Malawi 246 St. Vincent and the Grenadines 366 Malaysia 249 Sudan 369 Maldives 252 Swaziland 372 Mali 255 Syrian Arab Republic 375 Mauritania 258 Tajikistan 378 Mauritius 261 Tanzania 381 Mexico 264 Thailand 384 Moldova 267 Togo 387 Mongolia 270 Tonga 390 Morocco 273 Trinidad and Tobago 393 Mozambique 276 Tunisia 396 !-.1yanmar 279 Turkey 399 r\epal 282 Turkmenistan 402 Nicaragua 285 Uganda 405 Niger 288 Ukraine 408 Nigeria 291 Uruguay 411 Oman 294 Uzbekistan 414 Pakistan 297 Vanuatu 417 Panama 300 Venezuela, Republica Bolivariana de 420 Papua New Guinea 303 Vietnam 423 Paraguay 306 Yemen, Republic of 426 Peru 309 Zambia 429 Philippines 312 Zimbabwe 432 ~~--------.---.---. vi Preface lobal Development Finance Volume II: ratios as well as average terms of new commit- G Summary and Country Tables is part of a two-volume annual publication. Volume I: Review, Analysis, and Outlook contains ments, currency composition of long-term debt, debt restructuring, and scheduled debt service projections for all countries reporting through analysis and commentary on recent developments the DRS. in international finance for developing countries. The charts on pages xxiv to xxvi summarize Volume II: Summary and Country Tables (GDF) graphically the relation between debt stock and its contains statistical tables on the external debt of components, the computation of net flows, aggre- the 135 countries that report public and publicly gate net resource flows, and aggregate net trans- guaranteed debt under the Debtor Reporting Sys- fers; and the relation between net resource flows tem (DRS). It also includes tables of selected debt and the balance of payments. Exact definitions of and resource flow statistics for individual report- the terms used in the Summary and Country ing countries as well as summary tables for Tables volume of GDF are found in About the regional and income groups. It is the culmination Data section. of a year-long process that requires extensive The economic aggregates presented in the cooperation from people and organizations tables are prepared for the convenience of users. around the globe-national central banks, min- Although debt indicators can give useful informa- istries of finance, major multilateral organizations, tion about developments in debt-servicing capac- and many departments of the World Bank. ity, conclusions drawn from them will not be The Little Data Book on External Debt 2007 valid unless accompanied by careful economic provides a quick reference to the data from the evaluation. GDF. Global Development Finance 2007 on CD- The macroeconomic information provided is ROM contains a database of 217 time series indi- from standard sources, but many of them are sub- cators, covering the years 1970 to 2005 in most ject to considerable margins of error, and the usual cases, and to 2015 for "pipeline" data. It also con- care must be taken in interpreting the indicators. tains the full contents of the print version of the This is particularly the case for the most recent GDF. Text providing country notes, definitions, year or two, when figures are preliminary and and source notes is linked to each table. The gen- subject to revision. eral cutoff date for data is December 2006. This database is also available online (GDF Online) through the website of the World Bank. The database covers external debt stocks and Shaida Badiee flows, major economic aggregates, and key debt Director, Development Data Group vii Acknowledgtnents T his volume was prepared by the Financial especially the staff of the International Finance Data Team of the Development Data Team of the Development Prospects Group Group, led by Ibrahim Levent. The team (DECPG), the staff of the Economic Policy and consisted of Laila Adair, Nanasamudd Chhim, Debt Department (PRMED), and the country Nevin Fahmy, Shelley Fu, Nino Kostava, Gloria economists who reviewed the data. The work was Moreno, Olha Pryymak, Nicolas Rambaud- carried out under the management of Shaida Chanoz, and Alagiri Venkatesan. The team was as- Badiee. sisted by Rosario Alipio. The system support team The production of this volume was managed was led by Abdolreza Farivari, Soong Sup Lee by Richard Fix, with the assistance of Azita Amjadi provided the macroeconomic data, and K. M. and Uranbileg Batjargal. The CD-ROM and online Vijayalakshmi provided worker remittances and database were prepared by William Prince. Staff compensation of employees data. Many others from External Affairs oversaw publication and inside the World Bank provided helpful input, dissemination of the book. ix About the data Methodology sharply during the year; cancellations and reschedulings of other liabilities into long-term T he World Bank is the sole repository for statis- tics on the external debt of developing coun- tries on a loan-by-Ioan basis. The Debtor Reporting public debt also contribute to the differences. Exchange rates Data received by the World System (DRS), set up in 1951 to monitor these sta- Bank from its members and major multilateral tistics, is maintained by the staff of the Financial agencies are expressed in the currencies in Data Team (FIN), part of the Development Data which the debts are repayable or in which the Group of Development Economics. transactions took place. For aggregation, the Bank Methodology for aggregating data converts these amounts to U.s. dollars using the The DRS data are used, in combination with infor- IMF par values or central rates, or the current mation obtained from creditors through the debt market rates where appropriate. Service payments, data collection systems of other agencies, the staff commitments, and disbursements (flows) are of the Financial Data Team calculates the total ex- converted to U.S. dollars at the average rate for the ternal indebtedness of developing countries. The year. Debt outstanding and disbursed at the end of data are also supplemented by market sources and a given year (a stock) is converted at the rate in estimates made by World Bank staff. The current effect at the end of that year. Projected debt service, account balance data are taken from the Balance however, is converted to U.S. dollars at rates in of Payments (BOP) database of the IMF, which is effect at end-December 2005. Debt repayable in the standard presentation of the BOP yearbook multiple currencies, goods, or services and debt and may produce regional and other aggregates with a provision for maintenance of value of the that are different than those presented in GDF currency of repayment are shown at book value. volume I. Beginning with 1991 all ruble debt owed to the former Soviet Union is converted at a rate of Converting to a common currency Since debt $1 = 0.6 ruble, except in cases where a bilateral data are normally reported to the World Bank in agreement specifying a different conversion rate is the currency of repayment, they have to be in place. This valuation method does not consti- converted into a common currency (usually u.s. tute an endorsement by World Bank staff of the dollars) to produce summary tables. Because flow appropriateness or validity of this method or the data are converted at annual average exchange exchange rate used. The appropriate valuation is a rates and stock data at year-end exchange rates, matter to be resolved bilaterally between the Russ- year-to-year changes in debt outstanding and ian Federation and its debtor countries. disbursed are sometimes not equal to net flows (disbursements less principal repayments); Adjustments Year-to-year changes in debt similarly, changes in debt outstanding including outstanding and disbursed are sometimes not equal undisbursed debt differ from commitments less to net flows; similarly, changes in debt outstanding, repayments. Discrepancies are particularly including undisbursed, differ from commitments significant when rates have moved less repayments. The reasons for these differences xi GLOBAL DEVELOPMENT FINANCE 1007 are cancellations, adjustments caused by the use This edition includes data on private nonguar- of different exchange rates, and the rescheduling of anteed debt, either as reported or as estimated, for other liabilities into long-term public debt. countries for which this type of debt is known to be significant. For private nonguaranteed debt that Public and publicly guaranteed debt All data is not reported, the standard estimation approach related to public and publicly guaranteed debt are starts from a calculation of the stock of debt out- provided on a loan-by-Ioan basis by debtors except standing, using data available from creditors. for lending by some multilateral agencies, in which Amortization is estimated by making an as- case data are taken from the creditors' records. sumption regarding the proportion of debt repaid These creditors include the African Development each year and then applying these ratios to gener- Bank, the Asian Development Bank, the Inter- ate a first approximation of annual principal American Development Bank, and the International repayments. Disbursements are then estimated as Bank for Reconstruction and Development (IBRD) a residual between net flows (equal to the change and the International Development Association in the stock of debt, adjusted by the effect of the (IDA). (The IBRD and IDA are components of the currency composition of the public debt) and World Bank). Reports contain annual stocks and estimated amortization. Interest payments are esti- flows information as well as terms and conditions mated by applying an assumed average interest rate of individual loans contracted. to the stock of debt outstanding. Starting with the 1988-89 edition of World Data on the balance of payments flows pro- Debt Tables (the previous title of this book), all vide useful guidelines in the process of building data pertaining to World Bank loans from 1985 a time series because private nonguaranteed debt onward are recorded at their current market value. can be treated as a residual between total net long- Starting with the 1991-92 edition, all data per- term borrowing and net long-term borrowing taining to Asian Development Bank loans from recorded in the DRS for public and publicly guar- 1989 onward are recorded at their current market anteed debt. value. Starting with the 1998 edition, all data per- taining to African Development Bank and African Short-term debt The World Bank regards the Development Fund loans from 1997 onward are individual reporting country as the authoritative recorded at their current market value as well. source of information on its own external liabilities. But for short-term debt, defined as debt with an Private nonguaranteed debt The DRS was original maturity of one year or less, accurate expanded in 1970 to incorporate private information is not widely available from debtors. nonguaranteed long-term debt. Reports, submitted By its nature, short-term debt is difficult to monitor; annually, contain aggregate data for disbursed loan-by-loan registration is normally impractical, and outstanding debt, disbursements, principal and most reporting arrangements involve periodic repayments, interest payments, principal and returns to a country's central bank from its banking interest rescheduled for the reporting year, and sector. Since 1982 the quality of such reporting has projected payments of principal and interest. Data improved, but only a few developing countries have are usually presented in dollars, and currency figures available for short-term debt. conversion is not necessary. Where information from debtors is not avail- Although the reporting countries fully recog- able, data from creditors can indicate the magni- nize the importance of collecting data on private tude of a country's short-term debt. The most im- nonguaranteed debt when it constitutes a signifi- portant source is the BIS' quarterly series showing cant portion of total external debt, detailed data the maturity distribution of commercial banks' are available only in countries that have registra- claims on developing countries. Those data are re- tion requirements covering private debt, most ported residually. However, an estimate of short- commonly in connection with exchange controls. term liabilities by original maturity can be calcu- Where formal registration of foreign borrowing is lated by deducting from claims due in one year not mandatory, compilers must rely on balance of those that had a maturity of between one and two payments data and financial surveys. years 12 months earlier. xii ABOUT THE DATA There are several problems with this method. credit is included and identified in the amount of Valuation adjustments caused by exchange rate short-term debt outstanding. If and when interest movements will affect the calculations, as will in arrears is capitalized under a debt reorganiza- prepayment and refinancing of long-term maturi- tion agreement, the amount of interest capitalized ties falling due. Moreover, not all countries' com- will be added to the amount of long-term debt mercial banks report in a way that allows the full outstanding and the corresponding deduction maturity distribution to be determined, and the made from the amount of short-term debt BIS data include liabilities only to banks within the outstanding. reporting area. Even on this basis, however, the re- sults need to be interpreted with caution. Where Treatment of debt restructurings The DRS short-term debt has been rescheduled, the effect of attempts to capture accurately the effects of the lags in reporting and differences in the treatment different kinds of restructurings on both debt of the rescheduled debt by debtors and creditors stocks and debt flows, consistent with the may result in double counting if short-term debt circumstances under which the restructuring takes derived from creditor sources is added to long- place. Whether a flow has taken place is sometimes term debt reported by the country to obtain total difficult to determine. external liabilities. In compiling and presenting the debt data, a Some of the short-term debt estimates pub- distinction is made between cash flows and im- lished are drawn from debtor and creditor sources, puted flows. Based on this criterion, rescheduled but most are from creditor sources. Only for a few service payments and the shift in liabilities from countries can the data be regarded as authorita- one financial instrument to another as a result of tive, but they offer a guide to the size of a coun- rescheduling are considered to be imputed flows. try's short-term (and, hence, its total) external The imputed flows are recorded separately in debt. Interest in arrears on long-term debt and the World Bank External Debt (WBXD) system, the use of IMF credit are added to the short-term but these debt restructuring transactions are not debt. evident in the main body of the debt data-only the resulting effect of these transactions is Use ofIMF credit Data related to the operations reflected. of the IMF come from the IMF Treasurer's Changes in creditor and debtor status that Department and are converted from special can result from debt restructuring are also re- drawing rights (SDRs) into dollars using end-of- flected. For example, when insured commercial period exchange rates for stocks and average over credits are rescheduled, the creditor classification the period exchange rates for converting flows, shifts from private sources to official sources as described earlier. IMF trust fund (TF) and (bilateral). This reflects the assumption of the as- operations under the enhanced structural sets by the official credit insurance agencies of the adjustment (ESAF, renamed in 1999), poverty creditor countries. The debts to the original credi- reduction and growth facility (PRGF), and tors are reduced by the amounts rescheduled, and structural adjustment facility (SAF), are presented a new obligation to the official creditor agencies is together with all of the Fund's special facilities created. This shift also applies to private nonguar- (buffer stock, extended fund (EFF), supplemental anteed debt that is reduced by the amounts reserve (SRF), compensatory and contingency, oil rescheduled, which in turn are included in the facilities, and other facilities). Data are from the public and publicly guaranteed debt owed to offi- Treasurer's Department of the IMF. cial creditors. On the debtor side, when a govern- ment accepts responsibility for the payment of rescheduled debt previously owed by private en- Treatment of arrears The DRS collects infor- terprises, the DRS registers a change in debtor cat- mation on arrears in both principal and interest. egories in the DRS. Similarly, when short-term Principal in arrears is included and identified in debt is included in a restructuring agreement, the the amount of long-term debt outstanding. Interest rescheduled amount is shifted from short-term to in arrears of long-term debt and the use of IMF long-term debt. xiii GLOBAL DEVELOPMENT FINANCE 2007 Methodology for projecting data Future debt seroice payments Most projections The WBXD system of the DRS projects future dis- of future debt service payments generated by the bursements of un utilized commitments and future WBXD system are based on the repayment terms debt service payments. of the loans. Principal repayments (amortization) are based on the amount of loan commitments, Future disbursements Projections of disburse- and the amortization profile of most loans fol- ments help underpin future capital requirements in lows a set pattern. Using the first and final the implementation of externally financed projects. payment dates and the frequency of the payments, In addition, they help determine the interest the system calculates the stream of principal portion of projected debt service. Future interest payments due. If future payments are irregular, the payments are based on projected debt outstanding WBXD system requires a schedule. that is itself determined by projected dis- Projected future interest payments are calcu- bursements and repayments. The underlying lated similarly. Interest is based on the amount of assumptions of these projections are that loan debt disbursed and outstanding at the beginning of commitments will be fully utilized and that the the period. Again, llsing the first and final interest debtor country will repay all sums due. Future payment dates and the frequency of payments, the disbursements and debt service refer only to system calculates the stream of interest payments existing debt and do not reflect any assumptions due. If interest payments are irregular, the WBXD on future borrowing. system requires a schedule. Disbursement projections use two methods: The published figures for projected debt · Specific schedules. Debtor countries are re- service obligations are converted into U.S. dollars quested to submit a calendar of future disburse- using the end-December 2005 exchange rates. ments, if available, at the time individual loans are Likewise the projection routine for varia ble inter- first reported. Country authorities are in a better est rate debt, such as commercial bank debt based position to provide estimated disbursement sched- on the London interbank offer rate (LIBOR), as- ules when there is a solid public sector investment sumes that the rate prevailing at the end of Decem- program in place. ber 2005 will be effective throughout. · Standard schedules. In the absence of specific schedules, the WBXD system projects disburse- ments by applying a set of profiles to the last ac- tual undisbursed balance of individual loans. Metadata The profiles are derived under the assumption ummary tables present selected debt and re- that specific sources of funds have some common characteristics that cause them to disburse, in the S source flow statistics for the individual report- ing countries and external debt data for regional aggregate, in some observable pattern. Accordingly, and income groups. For the 135 individual coun- some thirty profiles have been derived that roughly tries that report to the World Bank's DRS, tables correspond to creditor type. Profiles exist for con- are presented in a three-page layout containing cessional and nonconcessional loans from official 10 sections. The format of the regional and in- creditors. For bilateral lending, profiles have been come group tables draws on the individual country developed for the Development Assistance Com- table format and includes graphic presentations. mittee (DAC), the Organization of Petroleum Ex- As in the past, the database feeding the print edi- porting Countries (OPEC), and other creditor tion continues to maintain all the derived indicator groupings. For multilateral lending, specific profiles information. are available for major international organizations. For all regional, income, and individual coun- An estimating equation for each profile is derived try tables, data definitions are presented below by applying regression analysis techniques to a or footnoted where appropriate. Data definitions body of data that contains actual disbursement in- for other summary tables are, likewise, consistent formation for each loan. Although these standard with those below. profiles are reestimated from time to time, under 1. Summary debt data summarizes the stocks the best scenario they can only approximate the dis- and flows of the major components of the external bursement pattern of any single loan. debt of the country. xiv ABOliT THE DATA TOTAL DEBT STOCKS (EDT) consist of interest arrears restructuring and interest restruc- public and publicly guaranteed long-term debt, turing will be recorded as interest capitalization private nonguaranteed long-term debt, the use of (CD-ROM only). IMF credit, and short-term debt. Interest in arrears Principal in arrears on long-term debt is de- on long-term debt and the use of IMF credit are fined as principal repayment due but not paid, on added to the short-term debt and are shown as a cumulative basis. separate lines. Arrears of principal and of interest Use of IMF credit denotes repurchase obliga- have been dis aggregated to show the arrears owed tions to the IMF with respect to all uses of IMF re- to official creditors and the arrears owed to pri- sources (excluding those resulting from drawings vate creditors. Principal in arrears on long-term in the reserve tranche) shown for the end of the debt are shown as memorandum items. The rela- year specified. Use of IMF credit comprises pur- tion between total debt stock and its components chases outstanding under the credit tranches, in- is illustrated on page xxiv. cluding enlarged access resources and all special Long-term external debt is defined as debt facilities, trust fund loans, and poverty reduction that has an original or extended maturity of more and growth facility (PRGF) and structural adjust- than one year and that is owed to nonresidents ment facility (SAF). and repayable in foreign currency, goods, or · IMF purchases are total drawings on the gen- services. eral resources account of the IMF during the year Long-term debt has three components: specified, excluding drawings in the reserve · Public debt, which is an external obligation of tranche. a public debtor, including the national govern- · IMF repurchases are total repayments of out- ment, a political subdivision (or an agency of standing drawings from the general resources either), and autonomous public bodies. account during the year specified, excluding repay- · Publicly guaranteed debt, which is an external ments due in the reserve tranche. obligation of a private debtor that is guaranteed TOTAL DEBT FLOWS are consolidated for repayment by a public entity. data on disbursements, principal repayments, and · Private nonguaranteed external debt, which interest payments for total long-term debt and is an external obligation of a private debtor that transactions with the IMF and short-term debt. is not guaranteed for repayment by a public entity. Disbursements are drawings on loan commit- Short-term external debt is defined as debt ments during the year specified. that has an original maturity of one year or less. Principal repayments are the amounts of prin- Available data permit no distinction between cipal (amortization) paid in foreign currency, public and private nonguaranteed short-term goods, or services in the year specified. debt. Net flows on debt are disbursements on [merest in arrears on long-term debt is de- long-term debt and IMF purchases minus principal fined as interest payment due but not paid, on a repayments on long-term debt and IMF repur- cumulative basis. Interest arrears are regarded as chases up to 1984. Beginning in 1985 this line short-term debt. Thus, an increase in interest includes the change in stock of short-term debt arrears will not be recorded as increase in LDOD. (excluding interest arrears for long-term debt). On the other hand, a clearing of interest arrears as Thus if the change in stock is positive, a disburse- pa yments of interest arrears will be allocated to ment is assumed to have taken place; if negative, a the relevant flows, being long-term, or short-term repayment is assumed to have taken place. debt, depending on toward which flow the interest Interest payments are the amounts of interest payments took place. It will be recorded as (1) a paid in foreign currency, goods, or services in the reduction of short term debt (Section 1); (2) a net year specified. change in interest arrears (CD-ROM only). Simi- Net transfers on debt are net flows minus in- larly, the reduction of interest arrears through in- terest payments (or disbursements minus total terest arrears restructured and interest arrears for- debt service payments). The concepts of net flows given will also be recorded as a reduction of on debt, net transfers on debt, and aggregate net short-term debt (section 1) and as net change in flows and net transfers are illustrated on pages xxv interest arrears (CD-ROM only). In addition, and xxvi. xv Total debt service paid (TDS) is debt service grants, which are intended to finance the transfer payments on total long-term debt (public and of technical and managerial skills or of technology publicly guaranteed and private nonguaranteed), for the purpose of building up general national use of IMF credit, and interest on short-term capacity without reference to any specific invest- debt. ment projects, and investment-related technical coopera tion grants, which are provided to 2. Aggregate net resource flows and transfers pro- strengthen the capacity to execute specific invest- vides data series for aggregate net resource flows ment projects. and net transfers (long-term). Profit remittances on foreign direct invest- NET RESOURCE FLOWS (LONG-TERM) ment covers payments of direct investment income are the sum of net resource flows on long-term (debit side), which consist of income on equity debt (excluding IMF credit) plus non-debt-creating (dividends, branch profits, and reinvested flows: net foreign direct investment, portfolio eq- earnings) and income on the intercompany debt uity flows, and official grants (excluding technical (interest) . cooperation). Net foreign direct investment and portfolio equity flows are treated as private source 3. Major economic aggregates provides data series flows. Grants for technical cooperation are shown for major economic aggregates. The five economic as a memorandum item. Also available as memo- aggregates for the reporting economies are pre- randum items are official net resource flows and pared for the convenience of users; the usual cau- private net resource flows. Official net resource tion should be exercised in using them for eco- flows are the sum of net flows on long-term debt nomic analysis. to official creditors (excluding the IMF) plus offi- Gross national income, or GNI (Gross cial grants (excluding technical cooperation). Pri- national product, or GNP, in previous editions) is vate net resource flows are the sum of net flows on the sum of value added by all resident producers debt to private creditors plus net foreign direct in- plus any product taxes (less subsidies) not in- vestment and portfolio equity flows. Official net cluded in the valuation of output plus net receipts transfers and private net transfers are calculated of primary income (compensation of employees as memorandum items as well. NET TRANSFERS and property income) from abroad and uses yearly (LONG- TERM) are equal to net long-term re- average exchange rates in converting GNI from source flows minus interest payments on long-term local currency into U.S. dollars. loans and foreign direct investment profits. Exports of goods, services and income (XGS) Foreign direct investment (FDI) is defined as comprise the total value of goods and services investment that is made to acquire a lasting man- exported, receipts of compensation of employees, agement interest (usually 10 percent of voting and investment income. Workers' remittances, a stock) in an enterprise operating in a country other transfer and not an income entry in the balance of than that of the investor (defined according to res- payments, are treated as compensation of employ- idency), the investor's purpose being an effective ees in Global Development Finance because they voice in the management of the enterprise. It is the are often difficult to distinguish from compensa- sum of equity capital, reinvestment of earnings, tion of nonresident workers and migrants. other long-term capital, and short-term capital as Workers' remittances and compensation of shown in the balance of payments. FDI includes employees comprise current transfers by migrant inter-company debt. workers, wages and salaries earned by nonresi- Portfolio equity flows are the sum of country dent workers. In addition, migrants' transfers, a funds, depository receipts (American or global), part of capital transfers, are treated as workers' and direct purchases of shares by foreign investors. remittances in Global Development Pinance. See Grants are defined as legally binding commit- GDF volume 1 for more details. ments that obligate a specific value of funds avail- Imports of goods and services (MGS) are the able for disbursement for which there is no repay- total value of goods and services imported and in- ment requirement. come paid. The memorandum item technical cooperation International reserves (RES) are the sum of a grants includes free-standing technical cooperation country's monetary authority'S holdings of special xvi ABOUT THE DATA drawing rights (SDRs), its reserve position in the various components. Data on bonds issued by pri- IMF, its holdings of foreign exchange, and its hold- vate entities without public guarantee, compiled ings of gold (valued at year-end London prices). for major borrowers, are included in private Current account balance is the sum of the nonguaranteed debt. IBRD loans and IDA credits credits less the debits arising from international are shown as memorandum items. transactions in goods, services, income, and cur- Data on long-term debt include eight main rent transfers. It represents the transactions that elements, not all of which have been provided in add to or subtract from an economy's stock of for- the GD F print: eign financial items. DEBT OUTSTANDING AND DISBURSED is the total outstanding debt at year end. 4. Debt indicators The macroeconomic aggregates DISBURSEMENTS are drawings on loan and debt data provided in the tables are used to commitments by the borrower during the year. generate ratios that analysts use to assess the exter- PRINCIPAL REPAYMENTS are amounts nal situations of developing countries. Different an- paid by the borrower during the year. alysts give different weights to these indicators, but NET FLO WS received by the borrower dur- no single indicator or set of indicators can substi- ing the year are disbursements minus principal re- tute for a thorough analysis of the overall situation payments. of an economy. The advantage of the indicators in INTEREST PAYMENTS are amounts paid by Global Development Finance is that they are calcu- the borrower during the year. lated from standardized data series that are com- NET TRANSFERS are net flows minus inter- piled on a consistent basis by the World Bank and est payments during the year; negative transfers the IMF. The ratios offer various measures of the show net transfers made by the borrower to the cost of, or capacity for, servicing debt in terms of creditor during the year. the foreign exchange or output forgone. The fol- DEBT SERVICE (LTDS) is the sum of princi- lowing ratios are provided based on total external pal repayments and interest payments actually debt: made. EDTIXGS is total external debt to exports of UNDISBURSED DEBT is total debt un- goods and services (including workers' remittances). drawn at year end; data for private nonguaranteed EDT/GNI is total external debt to gross debt are not available. national income. Data are aggregated by type of creditor. TDS/XGS, also called the debt service ratio, is Official creditors includes multilateral and total debt service to exports of goods and services bilateral debt. (including workers' remittances). · Loans from multilateral organizations are INT/XGS, also called the interest service ratio, loans and credits from the World Bank, regional is total interest payments to exports of goods and development banks, and other multilateral and services (including workers' remittances). intergovernmental agencies. Excluded are loans INT/GNI is total interest payments to gross from funds administered by an international national income. organization on behalf of a single donor govern- RES/EDT is international reserves to total ex- ment; these are classified as loans from ternal debt. governments. RES/MGS is international reserves to imports · Bilateral loans are loans from governments of goods and services. and their agencies (including central banks), loans Short-term/EDT is short-term debt to total from autonomous bodies, and direct loans from external debt. official export credit agencies. C01Zcessional/EDT is concessional debt to Private creditors include bonds, commercial total external debt. banks, and other private creditors. Other private Multilateral/EDT is multilateral debt to total creditors comprise trade-related lending. external debt. · Bonds include publicly issued or privately placed bonds. 5. Long-term debt provides detailed information · Commercial banks are loans from private on stocks and flows of long-term debt and its banks and other private financial institutions. xvii GLOBAL DEVELOPMENT FINANCE 2007 · Other private includes credits from manufac- Debt restructurings include restructurings in the turers, exporters, and other suppliers of goods, context of the Paris Club, commercial banks, debt- and bank credits covered by a guarantee of an ex- equity swaps, buy backs, and bond exchanges. In port credit agency. the event of a swap of long term debt (debt-to- Four characteristics of a country's debt are equity, debt-for-nature, or debt-for-development), given as memorandum items for long-term debt the face value of the debt swapped will be outstanding and disbursed (LDOD) in the elec- recorded as a decline in the long-term debt stock, tronic database. but the operation will not be recorded as a princi- Concessional LDOD conveys information pal repayment. For example, if a country swaps about the borrower's receipt of aid from official debt of face value D against equity, then LDOD lenders at concessional terms as defined by the DAC, will decline by D and a principal repayment will that is, loans with an original grant element of not be reported. Debt restructuring data capture 25 percent or more. Loans from major regional de- the non-cash or inferred flows associated with velopment banks-African Development Bank, rescheduling and restructuring. These are pre- Asian Development Bank, and the Inter-American sented to complement the cash-basis transactions Development Bank-and from the World Bank are recorded in the main body of the data, which classified as concessional according to each institu- show both the stock and flows rescheduled each tion's classification and not according to the year. In addition, the amount of debt forgiven (in- DAC definition, as was the practice in earlier reports. terest forgiven is shown as a memorandum item) Variable interest rate LDOD is long-term and the amount of debt stock reduction (including debt with interest rates that float with movements debt buyback) are also shown separately. in a key market rate such as the London interbank Total amount rescheduled is the total amount offer rate (LIBOR) or the U.S. prime rate. This of debt rescheduled, which includes the debt item conveys information about the borrower's ex- stock, principal, interest, charges, and penalties posure to changes in international interest rates. rescheduled. Public sector LDOD and private sector Debt stock rescheduled is the amount of debt LDOD convey information about the distribu- outstanding rescheduled in any given year. tion of long-term debt for DRS countries by type Principal rescheduled is the amount of princi- of debtor (central government, state and local pal due or in arrears that was rescheduled in any government, central bank, public and mixed given year. enterprises, official development banks, private Interest rescheduled is the amount of interest banks, and private entities). due or in arrears that was rescheduled in any given year. 6. Currency composition of public and publicly Debt forgiven is the amount of principal due guaranteed debt provides information on the cur- or in arrears that was written off or forgiven in rency composition of loans outstanding and dis- any given year. It includes debt forgiven within bursed based on repayment currency of individual and outside Paris Club agreements, principal for- loans. For major multilateral creditors, currency given and principal arrears forgiven, and excludes composition is based on reporting currency, which is interest forgiven. Interest arrears forgiven and mostly US$ and Unit of Account. The major curren- future interest obligations forgiven are recorded as cies in which the external debt of low- and middle- a memo item under interest forgiven (section 7). income countries is contracted are separately iden- Interest forgiven is the amount of interest due tified, as is debt denominated in special drawing or in arrears that was written off or forgiven in rights and debt repayable in multiple currencies. any given year. Beginning in 2001, debt denominated in the Debt stock reduction is the amount that has currencies of the 12 members in the European been netted out of the stock of debt using debt Monetary Union is included under the euro. conversion schemes such as buybacks and equity swaps or the discounted value of long-term bonds 7. Debt restructurings provides information on that were issued in exchange for outstanding debt. restructurings of long-term debt starting in 1985. It includes the effect of any financial operation --------~ - - - - .... --~~ .... -------------------------~ .... --~--- xviii ABOUT THE DATA that will reduce the debt stock other than debt Net flows on debt are disbursements on long- stock restructuring, repayment of principal and term debt and IMF purchases minus principal debt forgiven (which is recorded separately in sec- repayments, IMF repurchases and change in the tion 7). In particular, "debt stock reduction" will stock of the short-term debt. include the face value of debt bought back, the Net change in interest arrears is the variation face value of debt swapped for equity (or "nature" in the total amount of interest in arrears between or "development"), any face value reduction that two consecutive years (CD-ROM only). might result as the consequence of a bond ex- Interest capitalized is the interest that became change, and any face value reduction resulting part of the stock of debt due to a rescheduling from an exchange of debt for discount bonds. operation (CD-ROM only). Debt buyback is the repurchase by a debtor of Debt forgiveness or reduction is the debt stock, its own debt, discounted or at par. In the event of a principal and/or interest that will not be paid (CD- buyback of long-term debt, the face value of the ROM only). debt bought back will be recorded as a decline in Cross-currency valuation effect arises from the long-term debt stock, and the cash amount re- movements in the value of the dollar against other ceived by creditors will be recorded as a principal world currencies, as well as debt forgiveness or repayment in Section 5. For example, if a country reduction, and effect the value of developing- buys back long-term debt of face value B at a price country debt. Countries contract debt in various p, then LDOD will decline by B, and principal currencies. The debt data that countries report to repayment will go up by p*B. The difference the World Bank's Debtor Reporting System is between the secondary market price at which the expressed in the currencies in which the original debt was bought back and the face value is debt was contracted or in currencies in which it is recorded as a debt stock write off (CD-ROM repayable. For purposes of standardization and only). Both debt buyback and debt stock write aggregation, the DRS converts these amounts into off are included in the debt stock reduction dollar values. The exchange rates used are gener- (Section 7). ally the par values or central rates specified by the International Monetary Fund or market rates 8. Debt stock-flow reconciliation reconciles the when necessary. Exchange rates in effect at the end stock and flow data on total external debt for each of any given year are used to convert the stock of year, beginning with 1989. This section is designed debt outstanding for that year in various curren- to illustrate the changes in stock that have taken cies into the nominal dollar value. Residual is the place due to five factors: the net flow on debt, the change in the total debt stock that is not justified net change in interest arrears, the capitalization of by the operations listed in this section (CD-ROM interest, the reduction in debt resulting from debt only). forgiveness or other debt reduction mechanisms, and the cross-currency valuation effects. The resid- 9. Average terms of new commitments provides ual difference-the change in stock not explained information on the average terms of new commit- by any of the factors identified above-is also pre- ments on public and publicly guaranteed debt and sented. The residual is calculated as the sum of iden- information on the level of commitments from tified accounts minus the change in stock. Where official and private sources. To obtain averages, the residual is large it can, in some cases, serve as an the interest rates, maturities, and grace periods in illustration of the inconsistencies in the reported each category have been weighted by the amounts data. More often, however, it can be explained by of the loans. specific borrowing phenomena in individual coun- The grant equivalent of a loan is its commitment tries. These are explained in the Country Notes sec- (present) value, less the discounted present value of tion. Not all components are provided in the GDF its contractual debt service; conventionally, future print. service payments are discounted at 10 percent. Total change in debt stock is the variation in Net Present Value (NPV) of debt-the nomi- the total debt stock between two consecutive nal amount outstanding minus the sum of all years. future debt-service obligations (interest and xix GLOBAL DEVELOPMENT FINANCE 2007 principal) on existing debt discounted at an inter- reports provided by the country, and short-term est rate different from the contracted rate. debt data are World Bank staff estimates, based on The grant element of a loan is the grant equiv- BIS data on international bank lending. alent expressed as a percentage of the amount committed. It is used as a measure of the overall Sources cost of borrowing. Loans with an original grant element of 25 percent or more are defined as con- cessional. The average grant element has been T he principal sources of information for the tables in this volume are reports to the World Bank through the DRS from member countries weighted by the amounts of the loans. Commit- that have received either IBRD loans or IDA cred- ments cover the total amount of loans for which its. Additional information has been drawn from contracts were signed in the year specified; data the files of the African Development Bank, the for private nonguaranteed debt are not available. Asian Development Bank, the Central Bank for Grace period-the grace period for principal is Economic Integration, the Inter-American Devel- the period from the date of signature of the loan or opment Bank, the IBRD and the IDA, and the the issue of the financial instrument to the first International Monetary Fund (IMF). (The IBRD repayment of principal. The repayment period is the and IDA are components of the World Bank.) period from the first to last repayment of principal. Reporting countries submit detailed (Ioan-by- Maturity is the number of years to original loan) reports through the DRS on the annual maturity date, which is the sum of grace and status, transactions, and terms of the long-term repayment periods. external debt of public agencies and that of private ones guaranteed by a public agency in the debtor 10. Projections on eXlsttng pipeline provides country. This information forms the basis for the anticipated disbursements and contractual oblig- tables in this volume. ations on long-term debt contracted up to Decem- Aggregate data on private debt without public ber 2005. guarantee are compiled and published as reliable Projected debt service payments are estimates reported and estimated information becomes of payments due on existing debt outstanding, in- available. This edition includes data on private non- cluding undisbursed. They do not include service guaranteed debt, either as reported or as estimated, payments that may become due as a result of new for countries, when available. loans contracted in subsequent years. Nor do they The short-term debt data are as reported by allow for effects on service payments of changes in the debtor countries or are estimates. The princi- repayment patterns owing to prepayment of loans pal creditor sources are the semiannual series of or to rescheduling or refinancing, including repay- commercial banks' claims on developing coun- ment of outstanding arrears, that occurred after tries, published by the Bank for International the last year of reported data. Settlements (BIS). For some countries, estimates Projected disbursements are estimates of were prepared by pooling creditor and debtor drawings of unutilized balances (CD-ROM only). information. The projections do not take into account future Data on long-term debt reported by member borrowing by the debtor country. (See the countries are checked against, and supplemented Methodology section for a detailed explanation of by, data from several other sources. Among these how undisbursed balances are projected.) are the statements and reports of several regional development banks, government lending agencies, Country Notes and official government websites. ountry notes at the end of each country Data on exports and imports (on a balance of C table summarize major events that have taken place in the country in recent years and describe payments basis), international reserves, and cur- rent account balances are drawn mainly from the the sources of information for short-term and pri- files of the IMF, supplemented by World Bank staff vate non guaranteed debt and main issues on data estimates. Balance of payments data are presented collection process. Unless otherwise specified in according to the fifth edition of the IMF's Balance the country table, data on long-term public and of Payments Manual, which made several publicly guaranteed debt for 2005 are based on adjustments to its presentation of trade statistics. xx ABOUT THE DATA Coverage of goods was expanded to include in im- Every effort has been made to ensure the ports the value of goods received for processing accuracy and completeness of the debt statistics. and repair (on a gross basis). Their subsequent Nevertheless, quality and coverage vary among re-export is recorded in exports (also on a gross debtors and may also vary for the same debtor basis). This approach will cause a country's im- from year to year. Coverage has been improved ports and exports to increase without affecting the through the efforts of the reporting agencies and balance of goods. In addition, all capital transfers, the work of World Bank missions, which visit which were included with current transfers in the member countries to gather data and to provide fourth edition of the Balance of Payments Manual, technical assistance on debt issues. are now shown in a separate capital (as opposed to financial) account, and so do not contribute to the current account balance. Symbols Gross national income (GNI) data for most developing countries are conected from national statistical organizations and central banks by T · he following symbols have been used through- out: 0.0 indicates that a datum exists, but is negli- visiting and resident World Bank missions. Data gible, or is a true zero. on GNI are from the Macroeconomic Data Team · .. indicates that a datum is not available. of the Development Economics Development Data · Dollars are current U.S. dollars unless other- Group of the World Bank. wise specified. xxi Abbreviations The following abbreviations are used in the principal ratios and indicator tables: BIS Bank for International Settlements CRS Creditor Reporting System (of the OECD) DAC Development Assistance Committee (of the OECD) DDSR Debt and debt service reduction DRS Debtor Reporting System (of the World Bank) EDT Total external debt, including short-term and use of IMF credit FDI Foreign direct investment GNI Gross national income IBRD International Bank for Reconstruction and DeveiopmentIWorld Bank IDA International Development Association (of the World Bank) IMF International Monetary Fund INT Total interest payments on long-term and short-term debt, including IMF charges LDOD Total long-term debt outstanding and disbursed LIBOR London interbank offer rate MGS Imports of goods and services MYRA Multiyear rescheduling agreement NPV Net present value of debt ODA Official development assistance OECD Organisation for Economic Co-operation and Development OPEC Organization of Petroleum Exporting Countries RES International reserves SDR Special drawing right (of the IMF) TDS Total debt service on long-term debt and short-term (interest only), including IMF Credits WBXD World Bank External Debt System XGS Exports of goods and services xxiii GLOBAL DEVELOPMENT FINANCE 2007 Debt stock and its components Total external debt (EDT) t t Short-term Long-term debt Use of IMF I debt (LDOD) credits by debtor t t Private Public and publicly nonguaranteed debt guaranteed debt ! ~b~ creditor I t t Official Private creditors creditors I I t t t t t Commercial Multilateral !;;>"a't"a' Bonds Other banks xxiv ABOUT THE DATA Aggregate net resource flows and net transfers (long-term) to developing countries Loan disbursements I minus I Principal repayments I equals I Foreign direct Debt service Net resource investment (FDI), Aggregate net I-- t - - plus - portfolio equity flows, r--- equals- (LTDS) flows on debt resource flows and official grants .I mmus I minus I Loan interest Interest payments and FDI profits I equals equals I Net transfers on debt xxv GLOBAL DEVELOPMENT FINANCE 2007 Aggregate net resource flows (long-term) and the balance of payments Credits Debits · Exports of goods and services · Imports of goods and services · Income received · Income paid Current account · Current transfers · Current transfers (including workers' remittances and private grants) · Official unrequited transfers · Official unrequited transfers (by foreign governments) (by national government) · Official unrequited transfer · Official unrequited transfer (by foreign governments) (by national government) · Foreign direct investment · Foreign direct investment (by nonresidents) (by residents) (disinvestment shown as negative) (disinvestment shown as negative) Capital and · Portfolio investment (abroad by financial account residents) (amortizations shown as negative) · Other long-term capital outflows (by residents) (amortizations shown as negative) Short-term capital outflow Reserve account Net changes in reserves Aggregate net resource flows Net resource flows on debt (long-term) xxvi Country groups Regional groups East Asia and Pacific Serbia and Montenegro> (Al Middle East and North Africa Equatorial Guinea (El Slovak Republic (Al Eritrea (Al Cambodia (A) Tajikistan (P) Algeria (Al Ethiopia (Al China (P) Turkey (Al Djibouti (Al Gabon (P) Fiji (A) Turkmenistan (A) Egypt, Arab Rep. of (Al Gambia,The (AJ Indonesia (P) Ukraine (A) Iran, Islamic Rep. of (A) Ghana (Al Lao PDR(Pl Uzbekistan (A) Jordan (A) Guinea (E) Malaysia (E) Lebanon (A) Guinea-Bissau (E) Mongolia (Al Latin America and the Caribbean Morocco (A) Kenya (Al Myanmar (E) Oman (AJ Lesotho (Al Papua New Guinea (Al Argentina (Al Syrian Arab Republic (El Liberia eE) Philippines (Al Barbados (El Tunisia (Al Madagascar (Al Samoa (A) Belize (A) Yemen, Republic of (A) Malawi (A) Solomon Islands (Al Bolivia (Al Mali (A) Thailand (P) Brazil (A) South Asia Mauritania (Al Tonga (A) Chile (A) Mauritius (Aj Vanuatu (Al Colombia (Al Bangladesh (A) Mozambique (Al Vietnam (Al Costa Rica (A) Bhutan (Al Niger (P) Dominica (A) India (Al Nigeria (P) Europe and Central Asia Dominican Republic (Al Maldives (A) Rwanda (P) Ecuador (Al Nepal (A) Silo Tome and Principe (P) Albania (A) EI Salvador (A) Pakistan (Al Senegal (P) Armenia (Al Grenada (Al Sri Lanka (Al Seychelles (A) Azerbaijan (A) Guatemala (A) Sierra Leone (Al Belarus (A) Guyana (Al Sub-Saharan Africa Somalia (El Bosnia and Herzegovina' (Al Haiti (A) South Africa (Pl Bulgaria (Al Honduras (Al Angola (A) Sudan (Al Croatia (Al Jamaica (P) Benin (P) Swaziland (A) Estonia (A) Mexico (A) Botswana (A) Tanzania (E) Georgia (Al Nicaragua (A) Burkina Faso (Al Togo (Al Hungary (A) Panama (A) Burundi (A) Uganda (A) Kazakhstan (Al Paraguay (Al Cameroon (P) Zambia (A) Kyrgyz Republic (Al Peru (Al Cape Verde (A) Zimbabwe (Al Latvia (A) St. Kitts and Nevis (Al Central African Republic (P) Lithuania (Al Sf. Lucia (A) Chad (A) Macedonia, FYR (Al St. Vincent and the Grenadines (Al Comoros (P) Moldova (A) Trinidad and Tobago (A) Congo, Dem. Rep. of (P) Poland (Al Uruguay (A) Congo, Rep. of (P) Romania (A) Venezuela, R.B. de (A) Cote d'Ivoire (El Russian Federation (PI Note: Letters in parenthesis indicate DRS reporters) status: (A) as reported, (P) preliminary. and IE) estimated. The status reported" indicates that the country was fully current in its reporting under the DRS and that World Bank staff are satisfied that the reported data give an adequate and fair representation of the country's total public debt. "PreJiminary" data are based on reported or collected information but, because of incompleteness or other reasons~ include an element of staff estimation. "Estimated" data indicate that countries not current in their reporting and that a signjficant element of staff estimation has heen necessary in producing the data tables. a. For Bosnia and Herzegovina, total debt before 1999, excluding IBRD and UvlF obligatiom and short-rerm debt~ is included under Serbia and i\1onrenegro. xxvii GLOBAL DEVELOPMENT FINANCE 2007 Income groups Low-income countries Niger Middle-income countries Jordan Nigeria Kazakhstan Bangladesh Pakistan Albania Latvia Benin Papua New Guinea Algeria Lebanon Bhutan Rwanda Angola Lesotho Burkina Paso Sao Tome and Principe Argentina Lithuania Burundi Senegal Armenia Macedonia. FYR Cambodia Sierra LeDne Azerbaijan Malaysia Central African Republic Solomon Islands Barbados Maldives Chad Somalia Belarus Mauritius Comoros Sudan Belize Mexico Congo, Dem. Rep. of Tajikistan Bolivia Moldova Cote d'Ivoire Tanzania Botswana Morocco Eritrea Togo Bosnia and Herzegovina Nicaragua Ethiopia Uganda Brazil Oman Gambia,The Uzbekistan Bulgaria Panama Ghana Vietnam Cameroon Paraguay Guinea Yemen, Republic of Cape Verde Peru Guinea-Bissau Zambia Chile Philippines Haiti Zimbabwe China Poland India Colombia Romania Kenya Congo, Rep. of Russian Federation Kyrgyz Republic Costa Rica Samoa LaoPDR Croatia Serbia and Montenegro Liberia Djibouti Seychelles Madagascar Dominica Slovak Republic Malawi Dominican Republic South Africa Mali Ecuador Sri Lanka Mauritania Egypt, Arab Rep. of St. Kitts and Nevis Mongolia El Salvador St. Lucia Mozambique Equatorial Guinea St. Vincent and the Grenadines Myanmar Estonia Swaziland Nepal Fiji Syrian Arab Republic Gabon Thailand Georgia Tonga Grenada Trinidad and Tobago Guatemala Tunisia Guyana Turkey Honduras Turkmenistan Hungary Ukraine Indonesia Uruguay Iran, Islamic Rep. of Vanuatu Jamaica Venezuela, R.B. de Note; Low~income countries are those in which 2005 GNI per capita (calculated using the World Bank Atlas method) was no more than $875; middle-income countries arc those in which GNI per capita was between $876 and $10~725. xxviii Sutlltllary tables xxix Table 1. External debt ratios 2003-2005 (US$ millions) Present value of Ratio oftotal Ratio of present Ratio of total Ratio of present Total external debt debt external debt to value of debt to external debt to value of debt to 2005 2005 exports of GS (%) exports orGS (%) GNI(%) GNI(%) Albania 1,839 1,386 67 51 25 19 Algeria 16,879 16,978 45 45 21 21 Angola 11,755 11,462 74 72 61 59 Argentina 114,335 107,913 260 245 77 73 Annenia 134 100 49 36 Azerbaijan 1,881 1,522 34 27 22 18 Bangladesh 18,935 13,234 146 102 32 22 Barbados 660 725 37 41 24 27 Belarus 4,734 4,722 31 31 20 20 Belize 167 183 106 116 Benin 1,855 891 233 112 47 23 Bhutan 649 675 329 342 91 95 Bolivia 6,390 3,205 224 112 76 38 Bosnia and Her;~egovina 5,564 4,913 116 102 59 52 Botswana 473 408 10 8 6 5 Brazil 187,994 209,559 164 183 31 34 Bulgaria 16,786 16.392 107 105 70 68 Burkina Faso 2,045 1,061 377 196 43 22 Burundi 1,322 736 1,925 1,072 198 110 Cambodia 99 84 69 58 Cameroon 7,151 2,164 203 61 48 14 Cape Verde 546 381 123 86 62 43 Central African Republic 1,016 862 842 715 79 67 Chad 1,633 1,056 79 51 48 31 Chile 115 114 52 52 China 281,612 275,534 41 40 15 14 Colombia 37,656 40,757 158 171 40 43 Comoros 289 200 279 193 81 56 Congo. Dem. Rep. 10,600 7,624 533 383 171 123 155 106 180 124 Costa Rica 6,223 6,450 67 69 35 36 Cote d'/voire 10,735 10,032 140 131 74 69 Croatia 30,169 29,648 162 159 90 89 Djibouti 424 309 154 112 58 42 Dominica 252 218 197 170 100 86 Dominican Republic 7,398 7,350 61 61 37 37 Ecuador 17,129 18,476 154 166 56 60 Egypt, Arab Rep. 34,114 29,941 112 99 41 36 EI Salvador 7,088 7,357 101 105 46 48 Guinea 266 219 10 8 Eritrea 736 410 382 213 102 57 Estonia 11,255 10,725 121 115 107 ]02 Ethiopia 6,259 1,971 353 111 65 21 Fiji 231 231 17 17 9 9 Gabon 91 92 63 63 Gambia, The 672 386 281 162 172 99 Georgia 1,911 1,443 96 72 36 28 Ghana 6,739 2,325 187 64 76 26 Grenada 405 422 221 230 99 103 Guatemala 73 77 19 20 Guinea 3,247 1,258 376 146 90 15 Guinea-Bissau 693 746 613 660 269 290 Guyana 1,196 592 140 69 170 84 Haiti 1,323 897 93 63 36 24 Honduras 119 60 73 17 xxx Table 1. External debt ratios 2003-2005 (US$ millions) Present value of Ratio of total Ratio of present Ratio oftotal Ratio of present Total external debt debt external debt to value of debt to external debt to value of debt to 2005 2005 exports of GS (%) exports of GS ('Yo) GNI (%) GNI (%) Hungary 66,119 63,598 100 96 72 69 India 123,123 110,647 82 73 18 16 Indonesia 138,300 138,508 159 159 55 55 Iran, Islamic Rep. 21,260 20,468 40 39 13 13 Jamaica 118 141 78 93 Jordan 7,696 7,538 91 89 66 65 Kazakhstan 43,354 42,892 187 185 107 106 Kenya 6,169 4,669 136 103 38 28 Kyrgyz Republic 2,032 1,138 189 106 96 54 LaoPDR 367 200 115 63 Latvia 14,283 13,929 216 21] 106 104 Lebanon 22,373 23,305 122 127 109 114 Lesotho 690 512 67 50 43 32 Liberia 2,581 4,322 2,098 3,514 649 1,087 Lithuania 1 89 90 52 52 Macedonia, FYR 2,243 2,068 96 89 43 40 lo"tadagascar 3,465 1,803 621 323 71 37 Malawi 3,155 1,080 474 162 169 58 Malaysia 50,981 51,172 35 35 46 46 Maldives 368 308 62 52 52 43 It;iali 2,969 1,387 215 ]00 64 30 Mauritania 2,281 1,896 347 289 140 117 Mauritius 2,160 2,137 61 60 37 37 Mexico 167,228 178,876 74 79 24 26 Moldova 101 97 73 70 Mongolia If 1,327 981 99 73 85 63 Morocco 16,846 16,356 79 77 35 34 Mozambique 5,121 1,555 281 85 94 28 Myanmar 6,645 5,035 195 148 151 104 49 34 Nicaragua 5,144 2,003 241 94 119 46 Niger 1,972 767 366 142 65 25 Nigeria 22,178 22,096 53 53 34 34 Oman 3,472 3.435 22 22 14 14 Pakistan 160 134 36 30 Panama 9,765 11.878 97 118 74 90 Papua New Guinea 1,849 1,785 63 60 57 55 Paraguay 3,120 3,089 84 84 55 54 Peru 28,653 32,691 174 198 43 49 112 120 63 67 Poland 98,821 96,234 ]01 98 40 39 Romania 38,694 39,470 134 137 50 51 Russian Federation 229,042 230,298 103 104 40 40 Rwanda 1,518 340 686 154 82 18 Samoa 656 596 598 543 189 172 Sao Tome and Principe 336 108 1,628 520 548 175 Senegal 3,793 2,482 137 89 52 34 Serbia and Montenegro 16,295 16,122 204 202 70 69 Seychelles 675 696 100 103 102 106 Sierra Leone 427 702 178 160 40 Slovak Republic 23,654 23,945 72 73 60 61 Solomon Islands 170 132 140 108 65 50 Somalia 2,750 2.652 1,179 1,137 South Africa 30,632 28,578 50 47 15 14 Sri Lanka 127 109 57 48 XXXI Table 1. External debt ratios 2003-2005 (US$ millions) Present value of Ratio of total Ratio of present Ratio of total Ratio of present Total external debt debt external debt to value of debt to external debt to value of debt to 2005 2005 exports ofGS (%) exports ofGS (%) GNI (%) GNI (%) 81. Kitts and Nevis 301 297 155 153 84 83 8t. Lucia 425 418 95 94 59 58 81. Vincent and the Grenadines 282 269 147 139 74 71 Sudan 18,455 17,971 368 358 90 88 Swaziland 532 582 24 26 22 24 Syrian Arab Republic 6,508 6,497 69 69 27 27 Tajikistan 1,022 770 71 53 54 41 Tanzania 7,763 2,494 295 95 69 11 Thailand 52,266 50,898 45 44 33 32 189 161 86 74 Tonga 84 64 190 144 44 34 Trinidad and Tobago 2,652 2,864 33 36 22 24 Tunisia 17,789 17,940 124 125 68 69 Turkey 171,059 177,626 188 195 57 59 Turkmenistan 24 23 16 16 Uganda 4,463 2,065 296 137 63 19 Ukraine 33,297 34,601 86 89 51 53 Uruguay 14,551 15,314 315 332 110 116 Uzbekistan 4,226 4,106 91 88 35 34 Vanuatu 82 62 50 38 27 21 Venezuela, R.B. de 44,201 52,248 100 118 41 48 Vietnam 19,287 17,070 64 56 43 38 Yemen, Rep. 5,363 3,775 79 56 46 32 Zambia 5,668 1,561 290 80 106 19 Zimbabwe 220 228 83 85 - Not available Notes: For definition of indicators, see About tbe data section. Numbers in italics include the effects of traditional relief and HIPC relief and are based on publicly guaranteed debt only. Under the Multilateral Debt Reliefinitiative (MDRI), IDA, IMF and the African Development Fund are currently finalizing arrangements to provide debt stock cancellation to post-completion point HIPCs on debt owed to the three institutions. The IMF and ADF are providing 100 percent stock cancellation on debts outstanding as of end-2004, while IDA will provide 100 percent stock cancellation on debts owed as of end-2003. The present value of debt for HIPCs provided in the GDF does not incorporate debt reduction under the MDRT and may include penalty charges. For post-completion point countries, pre-MDRI net present value is used since MDRT was introduced in 2006. PV for Mauritania accounts "passive debt" which had not been counted in the past as part of the government obligations. For interim period countries, only the conditional debt relief under HIPe is included. This has been done systematically for all countries. For pre-decision point countries, PV is based on available D8As, with the exception of Cote d'Ivoire, Somalia, Sudan, Togo, are from DRS since these countries are not receiving HIPe reliet: Exports comprise th(: total value of goods and services exported, receipts of compensations of employees and investment income and worker's remittances. In the ratios, the numerator refers to the 2005 data and the denominator is an average 0[2003 to 2005 data. For exports and GNI averages, staff estimates are used when necessary. XXXll Table 2: Composition of external debt Long-term Distribution oflong-term debt (%) Total debt Total debt I debt I total stock GNI (%) debt(%) Multilateral Bilateral Private 2000 2005 2000 2005 2000 2005 2000 2005 2000 2005 2000 2005 Albania 1,061 1,839 28 22 88 79 46 59 51 33 4 7 Algeria 25,272 16,879 49 17 92 97 18 15 57 60 25 25 Angola 9,408 11,755 126 41 86 80 4 4 30 30 67 66 Argentina 147,403 114,335 53 65 77 75 14 18 4 6 82 76 Armenia 916 47 38 76 75 70 58 25 8 6 34 Azerbaijan 1,352 1,881 27 17 64 81 38 42 38 42 25 16 Bangladesh 15,717 18,935 32 30 97 95 72 78 26 19 2 3 Barbados 548 660 22 22 100 100 49 42 16 II 35 48 Belarus 2.140 4,734 17 16 37 26 28 7 23 39 49 54 Belize 615 79 101 92 99 25 22 16 10 60 69 Benin 1,591 1,855 71 44 91 95 66 76 34 24 o o Bhutan 204 649 46 79 99 98 50 28 50 72 o o Bolivia 5,785 6,390 71 71 89 93 54 71 25 6 21 24 Bosnia and Herzegovina 5,564 53 79 39 16 45 Botswana 453 473 8 5 97 93 68 66 26 32 6 3 Brazil 243,669 187,994 42 24 87 87 9 12 5 4 86 84 Bulgaria 11,212 16,786 91 62 75 71 18 21 13 5 69 75 Burkina Faso 1,424 2,045 55 40 86 94 84 89 16 11 o o Bunmdi 1,108 1,322 153 169 94 93 86 86 14 13 o o Cambodia 74 59 89 90 16 34 84 66 o o Cameroon 9,364 7.151 99 44 85 85 18 26 75 63 7 11 Cape Verde 327 546 63 57 96 88 73 78 25 18 2 5 Central African Republic 858 1,016 92 74 93 86 73 71 23 25 4 3 Chad 1,138 1,633 83 37 91 94 83 88 15 10 I 2 Chile 52 43 83 85 5 2 2 94 97 China 145,729 281,612 12 13 91 47 19 20 19 19 62 61 Colombia 33,930 37,656 42 32 92 84 20 31 5 3 75 67 Comoros 238 289 117 75 87 90 80 80 20 20 o o Congo, Dem, Rep. 11,692 lO,600 298 156 67 89 27 32 66 64 6 4 214 151 77 87 15 23 65 36 20 41 Costa Rica 4,456 6,223 30 32 79 66 37 28 18 6 45 65 Cote d'Ivoire 12,138 10,735 125 69 87 92 28 32 35 36 37 33 Croatia 12,438 30,169 69 81 91 86 5 6 8 3 87 92 Czech Republic 262 424 46 55 91 92 58 71 42 27 o 167 252 70 97 89 92 56 53 22 17 21 30 Dominica 4,541 7,398 24 27 73 82 34 30 43 16 23 54 Dominican Republic 13,717 17,129 94 50 93 90 28 24 21 14 51 62 Ecuador 29,187 34,114 29 38 86 82 16 14 80 70 4 17 Egypt, Arab Rep. 4,528 7,088 35 43 64 78 65 42 20 9 15 49 EI Salvador 248 266 55 80 84 47 49 47 44 6 7 Equatorial Guinea 311 736 49 76 96 98 51 71 49 25 o 5 Eritrea 2,569 11,255 49 91 63 64 7 2 o 91 99 Estonia 5,483 6,259 70 56 97 94 51 80 46 14 2 6 Ethiopia 133 231 8 9 88 52 75 76 9 20 16 4 92 54 88 92 13 11 83 82 3 6 Gabon 483 672 121 151 91 93 78 82 21 18 o o Gambia, The 1.638 1,911 52 29 80 85 36 50 60 41 3 8 Georgia 6,116 6,739 127 64 86 85 70 88 20 6 10 5 Ghana 201 405 54 89 96 35 32 30 12 35 56 Grenada 20 17 70 71 55 53 24 12 22 35 Guatemala 3,388 3,247 112 100 87 90 55 60 44 39 I Guinea 804 693 396 240 89 97 55 67 45 33 o o Guinea-Bissau 1,364 1,196 207 162 83 86 53 83 43 16 4 1 Guyana 1,173 1,323 31 31 89 96 87 84 13 16 o o Haiti 92 66 89 89 57 69 29 19 14 12 XXXlll Table 2: Composition of external debt russ millions) Long-term Distribution oflong-term debt (%) Total debt Total debt / debt / total stock GNI (%) debt (%) Multilateral Bilateral Private 2000 2005 2000 2005 2000 2005 2000 2005 2000 2005 2000 2005 Honduras 29.520 66,119 66 65 86 81 6 4 2 o 92 95 Hungary 99,099 123,123 22 15 97 93 32 28 21 16 47 55 India 144,159 138,300 94 50 77 77 18 17 31 38 51 44 Indonesia 7,978 21,260 8 11 62 50 10 4 22 14 67 83 61 73 82 91 32 22 32 14 37 64 Jamaica 7,355 7,696 86 59 84 89 28 28 56 66 16 6 Jordan 12,433 43,354 72 84 92 82 13 2 7 3 80 95 Kazakhstan 6,145 6,169 49 33 85 89 54 58 33 35 13 7 Kenya 1,827 2,032 142 86 83 90 48 60 31 31 22 9 151 103 98 99 42 57 58 17 o 26 LaoPDR 4,855 14,283 62 91 41 48 27 5 2 o 70 95 Latvia 9,857 22,373 57 104 74 85 8 4 4 4 87 91 Lebanon 672 690 62 39 98 94 72 80 16 11 12 8 Lesotho 2,032 2,581 523 591 51 43 38 39 43 43 19 18 Liberia 42 44 72 52 13 5 7 3 81 92 Lithuania 1,455 2,243 41 39 91 93 43 43 26 14 31 43 Macedonia, FYR 4,691 3,465 123 70 91 92 43 89 56 11 o Madagascar 2,705 3,155 158 156 94 96 80 84 19 15 1 Malawi 41,874 50,981 51 41 89 76 4 2 10 14 87 83 206 368 35 50 90 83 65 57 19 13 16 29 2,980 2,969 125 59 90 96 57 79 43 21 o o 2,378 2,281 218 119 85 90 49 69 50 30 Mauritania 1,720 2,160 39 34 55 37 23 31 29 32 47 36 Mauritius 150,313 167,228 27 22 87 96 13 10 3 84 88 Mexico 1,693 2,053 129 63 62 60 39 33 32 21 29 46 Moldova 896 1,327 95 72 93 95 55 62 44 38 o o Mongolia 20,713 16,846 64 33 92 96 32 36 35 30 33 34 Morocco 7,257 5,121 205 82 89 86 17 53 56 31 27 16 Mozambique 5,928 6.645 88 78 22 24 59 61 19 16 Myanmar 2,846 3.285 52 44 99 98 88 85 12 15 o o Nepal 6,853 5,144 184 107 84 86 37 63 52 23 11 14 Nicaragua 1,677 1,972 94 58 91 91 67 87 29 11 4 2 Niger 31,355 22,178 78 26 96 92 II 13 77 76 12 11 Nigeria 6,564 3,472 34 80 52 10 25 9 21 81 53 Oman 46 31 91 92 45 51 39 40 16 9 Pakistan 7,041 9,765 64 68 92 95 16 12 4 2 80 86 Panama 2,592 1,849 77 97 89 34 51 23 23 43 27 Papua New Guinea 3,089 3,120 44 43 81 84 45 46 19 23 36 31 Paraguay 28,661 28,653 55 39 84 89 23 31 37 22 40 47 Peru 73 57 87 89 14 12 25 22 61 66 Philippines 64,834 98,821 38 34 85 82 4 2 39 9 57 88 Poland 11,167 38,694 30 40 89 81 34 18 8 2 58 80 Romania 160,023 229,042 63 31 83 89 5 3 48 14 47 83 Russian Federation 1,273 1,518 71 71 90 93 87 96 13 4 o o Rwanda 197 656 85 172 75 27 94 93 6 7 o o Samoa 322 336 743 496 93 97 56 60 44 40 o o Sao Tome and Principe 3,590 3,793 84 47 89 95 60 78 39 17 1 4 Senegal 11,499 16,295 134 63 59 81 21 30 41 23 38 48 Serbia and Montenegro 304 675 52 103 72 60 26 18 46 39 28 43 199 145 82 84 57 62 42 38 1 o Sierra Leone 61 53 80 36 7 10 5 2 88 88 Slovak Republic 155 170 52 57 98 91 66 69 11 26 23 5 Solomon lsland~ 2,562 2,750 71 68 39 40 59 58 2 2 Somalia 24,861 30,632 19 13 62 68 2 o o 99 98 South Africa 9,157 11,444 60 49 91 88 41 45 42 47 17 8 XXXIV Table 2: Composition of external debt (US$ millions) Long-term Distribution oflong-term debt (%) Total debt Total debt / debt / total stock Gl'iI (%) debt (%) Multilateral Bilateral Private 2000 2005 2000 2005 2000 2005 2000 2005 2000 2005 2000 2005 Sri Lanka 157 301 52 77 98 99 35 33 32 21 33 45 St. Kitts and Nevis 235 425 37 55 71 59 59 56 13 8 28 35 St. Lucia 196 282 62 71 84 88 41 34 23 12 35 54 St. Vincent and the Grenadines 16,411 18,455 157 72 67 63 18 22 61 55 21 23 Sudan 289 532 20 19 99 85 52 62 41 24 7 15 Swaziland 21,657 6,508 123 26 74 87 4 7 90 75 7 19 Syrian Arab Republic 1,034 1,022 110 46 82 79 22 64 61 32 17 5 Tajikistan 6,931 7,763 77 64 83 80 57 77 39 21 4 2 Tanzania 79,710 52,266 66 30 77 69 9 2 25 20 66 78 Thailand 1,430 1,708 1I0 79 86 86 62 61 38 39 o 0 Togo 66 84 44 99 99 83 83 17 17 o 0 Tonga 2,546 2,652 34 19 67 49 37 43 o 0 62 56 Trinidad and Tobago 11,307 17,789 61 65 86 83 36 38 27 19 37 43 Tunisia 117,108 171,059 58 47 72 69 7 6 9 4 84 89 Turkey 2,549 1,092 95 15 91 87 2 4 35 64 63 31 Uganda 3,498 4,463 60 52 87 95 86 93 13 6 1 Ukraine 12,190 33,297 40 41 79 60 25 14 27 12 48 74 Uruguay 8,113 14,551 40 90 75 57 32 37 5 63 61 Uzbekistan 4,634 4,226 34 30 91 99 1l 19 39 40 50 41 Vanuatu 74 82 32 25 98 88 88 94 12 6 o o Venezuela, R.B. 41,953 44,201 36 32 80 77 9 8 8 I 82 91 Vietnam 12,825 19,287 42 38 90 86 16 31 59 56 25 13 Yemen, Rep. 5,075 5,363 57 40 80 88 41 47 57 52 2 I Zambia 5,722 5,668 186 83 79 86 53 64 45 12 2 24 Zimbabwe 3,827 4,257 54 132 78 76 45 46 36 40 18 14 East Asia & Pacific 497,774 621,223 30 21 84 64 16 16 25 27 59 57 Europe & Central Asia 489,776 834,484 55 41 80 77 9 7 28 9 63 84 Latin America & Caribbean 762,473 727,628 40 31 84 85 15 17 7 5 78 78 Middle East & North Africa 145,226 152,724 39 28 83 81 19 19 53 41 27 39 South Asia 160,01l 191,479 27 19 95 93 40 39 26 22 34 38 Sub-Saharan Africa 211,213 214,841 66 37 82 82 32 41 47 34 22 24 Low income 346,701 379,239 43 28 90 89 38 44 39 31 23 25 Middle income 1,919,770 2,363,139 39 29 83 77 14 13 21 13 66 74 xxxv Table 3: Net flows from multilateral institutions, 2005 (US $ millions) Public and publicly guaranteed Regional World Bank IMr;' development banks Others IFC Total lBRD IDA concessional non-concessional concessional non-concessional Albania 123.2 0.0 29.6 2.7 0.0 0.0 11.5 55.7 23.8 Algeria -1,441.1 -125.3 0.0 0.0 -611.6 0.0 -211.6 -493.3 0.6 Angola 25.9 0.0 25.3 0.0 0.0 0.4 -1.6 1.8 0.0 Argentina -3,956.0 -566.4 0.0 0.0 -3,571.2 0.0 60.9 0.0 120.7 Armenia -4.4 -0.6 31.4 -22.6 -2.1 0.0 -7.9 -3.5 1.0 Azerbaijan 26.6 0.0 45.6 -5.2 -23.9 0.5 -11.8 32.2 -10.9 Bangladesh 650.7 0.0 394.5 97.4 0.0 57.3 86.1 -13.8 29.3 Barbados -14.9 -0.4 0.0 0.0 0.0 -1.5 -6.8 -6.2 0.0 Belarus -19.0 -8.9 0.0 0.0 -8.6 0.0 -10.9 -13.2 22.7 Belize -4.2 -3.6 0.0 0.0 0.0 0.0 0.4 -1.0 0.0 ~--~------- ~--~----------- ----------------- Benin 57.3 0.0 42.8 -6.2 0.0 34.0 -0.3 -13.0 0.0 Bhutan 20.3 0.0 7.7 0.0 0.0 11.4 0.0 0.8 0.4 Bolivia 187.8 0.0 62.2 -22.5 -3.5 98.1 -60.8 76.5 37.9 Bosnia and Herzegovina 83.7 -23.6 55.6 0.0 -39.4 0.0 -3.8 82.0 12.9 Botswana -1.4 -1.1 -0.5 0.0 0.0 -1.8 17.6 -13.8 -1.7 --~~-----------~~~- ------------ Brazil -23,329.5 -255.4 0.0 0.0 -23,809.8 0.0 722.8 87.7 -74.7 Bulgaria -34Q.4 114.8 0.0 0.0 -443.4 0.0 1.0 -80.6 67.8 Burkina Faso 186.1 0.0 102.0 11.5 0.0 55.6 0.0 15.7 1.2 Burundi 41.0 0.0 18.9 21.1 0.0 5.9 -2.7 -2.2 0.0 Cambodia 245.7 0.0 33.7 -8.7 0.0 82.2 0.0 8.6 129.9 ------------ ----------------- - - _.._---------_. Cameroon -138.5 -31.5 19.0 -34.7 0.0 20.4 -17.6 -14.8 -79.2 Cape Verde 48.5 0.0 25.8 3.7 0.0 5.6 0.0 6.8 6.6 Central African Republic -5.3 0.0 0.0 -4.9 0.0 0.0 0.0 -0.4 0.0 Chad 77.3 -1.8 59.6 -7.2 0.0 19.6 0.0 9.7 -2.6 Chile -175.6 -151.2 -0.7 0.0 0.0 -1.4 -29.8 0.0 7.5 --------------------------------------------- China 1,050.4 273.7 -146.7 0.0 0.0 0.0 688.3 -0.3 235.4 Colombia -692.8 486.9 -0.7 0.0 0.0 -20.7 -1,145.9 75.7 -88.1 Comoros 0.1 0.0 0.6 0.0 0.0 -0.2 0.0 -0.3 0.0 Congo, Dem. Rep. 269.2 0.0 225.9 39.4 0.0 22.5 0.0 -10.9 -7.7 6.4 0.0 29.7 7.5 -7.8 9.9 -30.5 -2.3 0.0 Costa Rica -168.6 -12.1 -0.2 0.0 0.0 -11.2 -156.0 -25.5 36.3 Cote d'l voire -109.9 0.0 0.0 -91.1 0.0 0.1 -0.3 -14.5 -4.0 Croatia 119.0 11.0 0.0 0.0 0.0 0.0 51.9 42.4 13.7 Djibouti 20.1 0.0 3.4 -0.8 0.0 0.6 0.0 17.0 0.0 Dominica -0.5 -0.2 0.2 3.5 -0.4 0.0 0.0 -3.7 0.0 Dominican Republic 340.0 26.4 -0.7 0.0 219.9 -21.0 86.1 0.1 29.2 Ecuador -280.0 -35.2 -1.1 0.0 -195.0 -26.6 -80.4 54.5 4.0 Egypt, Arab Rep. 75.1 19.8 27.8 0.0 0.0 -0.4 -91.4 125.5 -6.1 EI Salvador 138.2 88.4 -0.8 0.0 0.0 -23.1 16.7 28.4 28.7 F'Ollatclrial Guinea -0.9 0.0 -1.1 0.0 0.0 0.6 0.0 -0.4 0.0 Eritrea 63.5 0.0 56.7 0.0 0.0 12.3 0.0 -5.5 0.0 Estonia -60.4 -5.1 0.0 0.0 0.0 0.0 0.0 -48.8 -6.6 Ethiopia 310.3 0.0 161.8 -4.0 0.0 127.0 -7.6 33.1 0.0 Fiji 7.9 -2.3 0.0 0.0 0.0 0.0 10.9 -0.7 0.0 Gabon -52.2 -7.0 0.0 0.0 -24.7 -0.2 -35.5 17.4 -2.3 Gambia, The 41.7 0.0 15.6 -2.0 0.0 7.2 0.0 21.0 0.0 Georgia 82.5 0.0 52.1 -9.5 -3.4 0.0 -2.3 47.2 -1.6 Ghana 387.9 -2.2 290.8 7.4 0.0 57.7 -3.4 19.7 17.9 Grenada 19.1 2.3 3.3 0.0 0.0 0.0 0.0 13.5 0.0 Guatemala -7._5~__~1_.4~__~_0_.0_ _ _ 0.0 _______ _____ 0_.0 -1_7_.6__ -7.0 8._9 _ _ _ ______6_.8_ Guinea -32.3 0.0 22.1 -25.7 0.0 4.3 -7.4 -24.5 -1.1 Guinea-Bissau 13.7 0.0 10.6 -2.9 -0.3 3.5 0.0 2.7 0.0 Guyana 79.4 0.0 0.6 19.6 0.0 46.1 -3.0 16.6 -0.5 Haiti 57.7 0.0 -5.1 -4.5 15.3 53.6 0.0 -1.6 0.0 Honduras 129.0 -69.7 142.9 -0.4 0.0 52.1 -21.1 31.4 -6.3 XXXVI Table 3: Net flows from multilateral institutions, 2005 (US $ millions) Public and publicly guaranteed Regional World Bank IMF development banks Others IFe Total IBRD IDA concessional non-concessional concessional non-concessional Hungary -242.1 -39.5 0.0 0.0 0.0 0,0 -6.7 -195,8 0,0 India 1,707.2 715.8 571.9 0.0 0.0 0.0 419.5 -12.8 12,7 Indonesia -1,393.6 -805.2 40.1 0.0 -1,144.7 48.2 465.4 -38.3 40.8 Iran, Islamic Rep. 103.1 102.1 0.0 0.0 0.0 0.0 0.0 1.0 0.0 Jamaica -75.3 -22.0 0.0 0.0 -0.9 -5.3 -35.0 11.0 -23.2 Jordan -108.1 -25.0 -2.6 0.0 -77.1 0.0 0.0 19.3 -22.8 Kazakhstan -851.9 -621.0 0.0 0.0 0.0 0.1 -181.3 -48,6 -1.2 Kenya 47.7 -1.1 -20.1 66.5 0.0 19.0 -5.7 -14.8 3.9 Kyrgyz Republic 57.4 0.0 29.5 -13.0 0.0 29,6 -S.8 17.7 2.4 LaoPDR 87.6 0.0 26.1 -6.1 0.0 57.4 11.1 -2.7 1.8 Latvia -87.5 -61.8 0.0 0.0 0.0 0.0 -5.9 -6.6 -13.3 Lebanon -23.5 -6.2 0,0 0.0 0.0 0.0 0.0 -8.3 -9.0 Lesotho -2.3 -3.5 8.1 0.0 0.0 -2.1 -1.7 -3.1 0.0 Liberia -0.8 0,0 0.0 0.0 -a,) 0.0 0,0 0.0 -0.7 Lithuania -124.9 -97.4 0.0 0,0 -24.8 0,0 -2.6 0.8 -0.8 Macedonia, FYR 65.1 43.2 5.6 -8.1 12.8 0.0 6.4 8,1 -3.0 Madagascar 231.9 0.0 209.2 6.5 0.0 18.4 0.0 -2.0 -0.2 Malawi 51.6 -0.2 32.6 -3.3 -3.2 25.9 -1.9 1.7 0.0 Malaysia -118.6 -92.3 0.0 0.0 0.0 0.0 -39.4 13.2 0.0 Maldives 63.2 0.0 3.6 0.0 6.1 4.2 0.0 4.3 45.0 Mali 160.6 0.0 102.0 -14.8 0.0 53.0 0.0 21.3 -1.0 Mauritania 85.4 0.0 40.1 -9.6 0.0 7.1 -1.4 39.3 9.8 Mauritius -0.8 -6.3 -0.6 0.0 0,0 -0,1 -8.2 14.5 0,0 Mexico -106.9 -381.8 0.0 0.0 0,0 0,0 346.4 0.0 -71.4 Moldova -49.6 -13.4 23.6 0.0 -21.5 0,0 -13.5 -17.3 -7.4 Mongolia 36.8 0.0 12.1 -5.9 0,0 26.3 0.0 4.4 0.0 Morocco 438.8 -46.3 -1.4 0.0 0.0 0.9 292.8 196.8 -4,0 Mozambique 325.7 0.0 221.6 -10.5 0.0 76.6 12,7 31.9 -6,6 Myanmar -1.9 0.0 0.0 0.0 0,0 0.0 0,0 -1.9 0.0 21.4 0,0 2.5 0.0 0.0 17,6 0,0 5,1 -3.8 Nicaragua 183.1 0,0 63.1 -8,9 0.0 120.9 -8.0 ]7,7 -1.8 Niger 130.6 0.0 64.6 12.1 0.0 14.7 -2.5 41.7 0.0 Nigeria -27.1 -223.6 245.9 0.0 0,0 9.1 -82.7 0.0 24.1 Oman -129.0 0.0 0,0 0.0 0,0 0.0 0.0 -182.8 53.8 Pakistan 495.1 -94.4 513.0 -76.8 -160.5 158.0 187.5 -10.8 -21.0 Panama -51.8 -30.5 0.0 0,0 -9.8 -8,9 12.8 -8.4 -7,0 Papua New Guinea -68.1 -2.9 -3.6 0,0 -61.1 -1.3 3,5 -2.6 0,0 Paraguay -19,2 -8.2 -1.5 0.0 0.0 -15.2 3,6 -2.9 5,0 Peru 139.1 -17.3 0.0 0.0 -39.5 -9.5 268.3 -1.0 -61.8 -550.7 -246.6 -6.8 0.0 -317.4 -18.4 5.0 -4.3 37.8 Poland 2.7 78.9 0.0 0.0 0,0 0.0 0.0 -73.8 -2.4 Romania 536.0 76.6 0.0 0,0 -151.9 18,8 -43.9 467,7 168,6 Russian Federation -3,464.1 -528.3 0.0 0.0 -3,388.7 0.0 86.9 108,0 258,0 Rwanda 76.5 0.0 46.7 -2.0 0,0 35.1 0,0 -3.2 0.0 Samoa 6.3 0.0 6.7 0.0 0,0 0,6 0,0 -1.0 0.0 Sao Tome and Principe 3,9 0.0 2.5 0.5 0,0 1.3 0.0 -0.4 0.0 Senegal 189.7 0.0 170.5 -28.4 0.0 19.6 -0.2 31.4 -3.3 Serbia and Montenegro 246.1 -19.6 88.4 0,0 -21.7 0,0 49.8 180.2 -31.1 Seychelles 2.4 -0.7 0.0 0,0 0.0 0.0 0.0 3,7 -0.5 Sierra Leone 66.6 0.0 18.6 18.2 0.0 19.0 0.0 11.9 -1.1 Slovak Republic -183.0 -55.5 0.0 0.0 0.0 0.0 -1.6 -126.0 0.0 Solomon Islands 3.3 0.0 0,1 0,0 0.0 1.6 0.0 1.7 0,0 Somalia 0.0 0.0 0,0 0,0 0.0 0.0 0.0 0.0 0,0 South Africa 42.0 8.3 0.0 0.0 0.0 0,0 52.2 0,0 -18,5 Sri Lanka 385.0 -1.0 73.6 0.0 114,5 129,1 37,1 24,9 6.8 XXXVIl Table 3: Net flows from multilateral institutions, 2005 (US $ millions) Public and publicly guaranteed Regional World Bank IMF development banks Others IFC Total IBRD IDA concessional non-concessional concessional DOD-coDcessional St. Kitts and Nevis 3.0 -0.2 0.0 0.0 0.0 0.0 0.0 3.2 0.0 St. Lucia 0.4 0.1 3.2 0.0 0.0 0.0 0.0 -2.9 0.0 St. Vincent and the Grenadines 6.4 0.0 3.0 0.0 0.0 0.0 0.0 3.4 0.0 Sudan 68.6 0.0 -1.3 0.0 -28.3 0.0 -2.2 100.4 0.0 Swaziland 62.4 0.0 -0.3 0.0 0.0 -1.0 22.3 42.4 -1.1 --------~~~------------~~~-------------~~~----------~- ~~~~~- Syrian Arab Republic -42.3 0.0 -1.5 0.0 0.0 0.0 0.0 -40.8 0.0 Tajikistan 84.6 0.0 34.8 15.1 0.0 26.1 0.5 3.1 5.0 Tanzania 364.5 0.0 260.5 -38.1 0.0 122.8 0.0 17.2 2.2 Thailand -503.4 -97.5 -3.4 0.0 0.0 -2.4 -368.3 -12.7 -19.1 -4.4 0.0 0.0 -11.2 0.0 0.0 -1.4 9.2 -0.9 Tonga 2.6 0.0 4.5 0.0 0.0 -0.9 0.0 -1.0 0.0 Trinidad and Tobago -31.2 -13.0 0.0 0.0 0.0 -OJ -9.6 -7.5 -1.1 Tunisia 184.9 -54.5 -2.1 0.0 0.0 0.0 -8.5 250.0 0.0 Turkey -5,384.4 -294.0 -5.9 0.0 -5,319.9 0.0 0.0 286.9 -51.4 Turkmenistan -12.9 -1.8 0.0 0.0 0.0 0.0 -0.1 -11.0 0.0 Uganda 166.0 0.0 1l1.7 -30.2 0.0 63.7 -1.6 17.8 4.5 Ukraine 230.0 316.0 0.0 0.0 -299.6 0.0 22.0 145.3 46.3 Uruguay -121.8 30.3 0.0 0.0 -171.7 -2.4 25.4 -0.1 -3.3 Uzbekistan 58.5 4.3 7.1 0.0 -18.4 0.0 64.3 0.2 1.1 Vanuatu -0.7 0.0 -0.3 0.0 0.0 -0.4 0.0 0.0 0.0 Venezuela, R.B. -448.4 -92.9 0.0 0.0 0.0 0.0 -182.3 -75.5 -97.6 Vietnam 533.5 0.0 377.7 -53.5 0.0 217.6 -2.2 -2.5 -3.5 Yemen, Rep. 101.5 0.0 102.2 -44.3 -11.4 0.0 0.0 56.2 -1.2 Zambia 23.3 0.0 75.8 -62.8 0.0 17.8 -9.2 4.9 -3.2 Zimbabwe -168.5 -1.7 0.0 0.0 -164.7 0.0 0.0 3.4 -5.5 Alldc\clopJl1gcolllllncs -~2.3664 -29106 5.3916 -3475 -39.1113.6 1.9546 1.155~ 1.4376 7659 East Asia & Pacific -662.7 -973.1 340.1 -74.2 -1,523.2 410.5 774.3 -40.1 423.1 Europe & Central Asia -9,109.2 -1,125.8 397.4 -40.5 -9,754.7 75.2 -6.6 852.3 493.6 Latin America & Caribbean -28,200.7 -1,024.1 267.6 -13.1 -27,566.7 206.3 -202.5 292.5 -160.7 Middle East & North Africa -820.5 -135.5 125.8 -45.1 -700.1 1.1 -18.7 -59.3 11.3 South Asia 3,342.8 620.4 1,566.8 20.6 -39.9 377.5 730.1 -2.3 69.5 Sub-Saharan Africa 3,084.0 -272.6 2,693.9 -195.1 -229.0 884.1 -120.9 394.5 -70.9 --~~~- Low income 7,183.8 392.1 4,692.4 -271.9 -432.7 1,589.8 643.7 391.4 179.0 Middle income 699.2 -75.6 364.9 512.0 586.9 Note: Loans from major regional developments banks, the IMF, and the World Bank are classified as concessional according to each institutions's classification. Otherwise, concessionality of flows is as defined by DAC. IFC data are for loans to the private sector without government guarantees. Data include only debt flows. XXXVlll Regional and incoll1e group aggregate tables 1 ALL DEVELOPING COUNTRIES (US$ million. unless otherwise indicated) 2000 TOTAL DEBT STOCKS (EDT) 1,330,061 1,953,940 2.266,471 2,366,651 2,587,927 2,766,754 2.742,378 2,851,253 Long-term debt (LDOD) 1,094,694 1,553,355 1,896,598 1,933,507 2,062,178 2,177,971 2,147,179 2,215,516 Public and publicly guaranteed 1,034,699 1,335,302 1,356,644 1,389,415 1,468,901 1,513,473 L361,634 1,304,639 Private nonguaranteed 59.996 218,053 539,954 544,092 593,277 664,498 785,545 910,876 Use of IMF credit 34,652 61,101 58,448 95,809 106,865 96,044 49,179 21,931 Short-term debt 200,715 339,484 311,425 337,335 418,884 492,739 546,020 613,806 of which interest arrears on LDOD 52,701 44,100 31,426 35,652 46,185 51,633 37,218 Official creditors 19,636 26,057 21,470 18,545 20,450 21,777 15,629 Pri vate creditors 33,065 18,043 9,957 17,\08 25,735 29,856 21,589 .Memorandum items Principal arrears on LDOD 59,690 106,094 62,868 63,859 81,853 91,716 67,526 Official creditors 27,252 59,805 46,459 40,790 43,451 42,991 32,442 Private creditors 32,439 46,289 16,409 23,069 38,401 48,726 35,084 TOTAL DEBT FLOWS Disbursements 125,778 220,108 260,503 286,505 336,362 397,790 464,300 497,012 Long-term debt 117,537 192.194 250,389 252.078 306,741 390.843 460.339 492,665 IMF purchases 8,242 27,914 10,114 34.428 29,621 6,946 3,961 4,348 Principal repayments 83,445 129,900 253,022 275,670 313,456 337,973 398,720 416,642 Long-term debt 75,270 118,809 232,256 255,257 286,213 316.336 354,598 387.171 IMF repurchases 8,175 11.091 20,766 20.413 27,243 21,638 44,122 29,467 Net flows on debt 56,131 147,521 1,208 11,294 77,644 128,223 133,275 152,194 of which short-term debt 13,797 57,313 -6,273 459 55,028 68,407 67.695 71,957 Interest payments (INT) 63,460 90,177 119,353 95,585 102,571 103,358 115,111 123,442 Long-tenn debt 51.166 72,018 99,522 83,025 88,116 84,977 93.816 103,597 IMFcharges 2,500 2,791 2.881 2,971 2,424 3,463 3,277 1,065 Short-term debt 9,793 15,369 16,950 9,588 12,031 14,919 18,017 18,781 Net transfers on debt -7,329 57,344 -118,146 -84,291 -24,925 24,866 18,164 28,336 Total debt service paid (TDS) 146.904 220,077 372,376 371,254 416,027 441,331 513,831 540,084 Long-term debt 126,436 190,827 331,778 338,282 374,329 401,312 448,414 490,772 IMF repurchases and charges 10,675 13.882 23,647 23,383 29,667 25,100 47,399 30,531 Short-term debt (interest only) 9.793 15,369 16,950 9,588 12,031 14,919 18,017 18,781 NET RESOURCE FLOWS 92,987 223,262 226,699 192,037 248,312 382,252 505,250 566,695 Net flow oflong-term debt (ex. IMF) 42.267 73,385 18,133 -3,179 20,528 74,508 105,741 105,489 Foreign direct investment (net) 24,580 104,513 166,505 157,065 159,973 217,840 280,795 316,401 Portfolio equity flows 3,390 13,821 13,447 5.785 24,310 39,852 66,680 94,100 Grants (excluding technical coop.) 27.727 31,543 28,613 32,367 43,502 50,052 52,034 50,704 Memo: technical coop. grants 13,789 19,336 14,687 18.207 20,081 20,401 19,285 19,933 NET TRANSFERS 28,385 112,616 51,472 31,959 58,894 169,423 242,411 287,198 Interest on long-term debt 51,166 72,018 99.522 83,025 88,116 84,977 93,816 103,597 Profit remittances on FDI 16,864 38,628 75,705 77,052 101,303 127,852 169,023 175.900 Gross national income (GND 3,677,063 4,956,212 5,771,632 6,043,744 6,839,191 8,067,613 9.544,952 Exports of goods, servo & inc. (XGS) 731,627 1,269,484 1,847,442 1,981,647 2,389,349 3,032,760 3,725,233 Worker remit. & compo of employees 31,037 56,957 83,782 1l6,233 143,775 163,673 189,526 Imports of goods & services (MGS) 764,377 1,382,657 1.839,751 1.929,174 2,300,991 2,883,202 3,395,242 International reserves (RES) 185,710 474,810 693,894 949,794 1,250,005 1,655,218 2,054,353 Cunent account balance -12,341 -90,209 29,605 60,401 96,231 128,110 252,279 EDT/XGS (%) 181.8 153.9 122.7 119.4 108.3 91.2 73.6 EDT I GNI (%) 36.2 39.4 39.3 39.2 37.8 34.3 28.7 TDS/XGS (%) 20.1 17.3 20.2 18.7 17.4 14.6 13.8 INT IXGS (%) 8.7 7.1 6.5 4.8 4.3 3.4 3.1 INT I GNI(%) 1.7 1.8 2.1 1.6 1.5 1.3 1.2 RES/EDT(%) 14.0 24.3 30.6 40.1 48.3 59.8 74.9 RES I MGS (months) 2.9 4.1 4.5 5.9 6.5 6.9 7.3 Short-term I EDT (%) 15.1 17.4 13.7 14.3 16.2 17.8 19.9 21.5 Concessional I EDT (%) 20.7 19.5 16.8 17.1 17.7 17.3 15,5 13.7 Multilateral I EDT (%) 15.3 14.6 14.7 15.1 14.7 14.2 13.9 12.2 2 ALL DEVELOPING COUNTRIES (US$ million, unless otherwise indicated) 1995 2000 2005 2006 S~ W)f&-mRMDHT.. DEBT OUTSTANDING (LDOD) 1,094,694 1,553,355 1,896,598 1,933,507 2,062,178 2,177,971 2,147,179 2,215,516 Public and publicly guaranteed 1,034,699 1,335,302 1,356,644 1,389,415 1,468,901 1,513,473 1,361,634 1,304,639 Official creditors 550,748 804,532 780,214 778,047 818,008 830,873 725,590 634,706 Multilateral 203,196 286,223 332,635 357,694 380,797 393,456 380,487 347,064 Concessional 68,489 106,652 129,294 147,792 167,192 182,341 179,174 152,027 Bilateral 347,551 518,309 447,579 420,353 437,211 437,417 345,104 287,642 Concessional 206,895 274,521 250,920 257,782 289,952 296,786 245,974 239,398 Private creditors 483,951 530,770 576,430 611,368 650,893 682,601 636,044 669,933 Bonds 104,228 245,210 373,105 397,515 436,718 467,926 428,857 447,951 Commercial banks 246,776 153,170 132,485 153,556 157,319 163,144 162,688 181,873 Private nonguaranteed 59,996 218,053 539,954 544,092 593,277 664,498 785,545 910,876 Bonds 347 51,018 93,483 94,916 127,522 135,083 167,654 201,950 Commercial banks and other 59,649 167,035 446,471 449,176 465,755 529,414 617,890 708,926 Memo: IDRD 92,314 111,257 111,885 111,117 109,080 106,085 100,127 94,634 IDA 45,005 71,549 86,843 100,613 113,973 124,347 121,466 96,667 Public sector LDOD 1,028,923 1,329,297 1,349,400 1,382,881 1,462,158 1,506,038 1,355,058 Private sector LDOD 65,771 224,059 547,198 550,626 600,020 671,933 792,122 DISBURSEMENTS 117,537 192,194 250,389 252,078 306,741 390,843 460,339 492,665 Public and publicly guaranteed 100,265 134,838 141,625 119,297 136,663 151,435 148,261 160,776 Official creditors 49,389 66,233 53,830 46,003 49,964 47,309 46,813 47,270 Multilateral 27,312 32,193 35,067 32,035 37,831 34,058 34,906 31,033 Concessional 6,824 8,839 8,240 9,907 10,739 12,057 12,676 10,558 Bilateral 22,076 34,039 18,763 13,968 12,134 13,251 11,907 16,237 Concessional 13,343 14,339 13,332 9,006 9,707 10,670 9,791 14,873 Private creditors 50,876 68,606 87,795 73,294 86,699 104,126 101,448 113,507 Bonds 5,176 25,428 59,191 39,927 51,138 65,152 64,391 70,072 Commercial banks 15,721 23,113 19,913 28,522 28,935 34,428 33,083 40,412 Private nonguaranteed 17,271 57,356 108,764 132,781 170,077 239,408 312,078 331,888 Bonds 291 14,063 11,757 11,331 22,483 36,767 54,368 52,411 Commercial banks and other 16,980 43,293 97,007 121,450 147,594 202,641 257,709 279,478 Memo: IDRD 13,438 13,037 13,430 10,288 11,521 10,467 9,624 10,455 IDA 4,345 5,476 5,219 6,768 6,528 7,699 7,025 5,817 PRINCIPAL REPA YMENTS 75,270 118,809 232,256 255,257 286,213 316,336 354,598 387,171 Public and publicly guaranteed 67,987 90,980 120,835 123,059 144,701 137,298 156,347 182,045 Official creditors 22,999 44,024 49,066 54,975 64,195 59,229 77,315 97,785 Multilateral 11,891 20,685 23,175 30,779 36,271 31,214 27,391 34,760 Concessional 898 1,566 2,458 2,495 2,852 3,293 3,341 3,690 Bilateral 11,107 23,339 25,891 24,197 27,924 28,015 49,924 63,025 Concessional 4,820 8,848 12,543 10,653 13,446 14,243 19,067 17,832 Private creditors 44,989 46,956 71,770 68,083 80,505 78,070 79,032 84,259 Bonds 4,386 12,077 34,997 28,224 38,571 37,664 46,086 53,960 Commercial banks 22,671 17,001 24,401 28,140 30,870 31,907 24,077 21,778 Private nonguaranteed 7,282 27,829 111,421 132,198 141,512 179,037 198,251 205,131 Bonds 0 4,042 15,060 12,636 10,319 24,431 17,563 19,260 Commercial banks and other 7,282 23,787 96,361 119,562 131,194 154,607 180,688 185,870 Memo: IDRD 7,939 11,673 9,784 15,981 17,493 15,240 12,535 16,991 IDA 248 542 949 1,243 1,322 1,546 1,634 1,677 INTEREST PAYMENTS (LINT) 51,166 72,018 99,522 83,025 88,116 84,977 93,816 103,597 Public and publicly guaranteed 46,591 60,628 66,721 57,110 60,462 57,932 64,672 65,789 Official creditors 18,335 29,105 26,993 24,033 23,705 22,096 24,208 22,374 Multilateral 10,486 13,662 15,574 13,626 12,163 11,011 10,848 10,284 Concessional 621 1,012 1,212 1,340 1,408 1,706 1,775 1,622 Bilateral 7,848 15,443 11,419 10,407 11,542 11,085 13,360 12,090 Concessional 3,323 6,133 5,240 4,801 5,754 5,932 7,220 6,138 Private creditors 28,256 31,524 39,728 33,077 36,757 35,836 40,464 43,415 Bonds 4,374 16,306 26,645 22,891 26,160 26,880 31,347 30,115 Commercial banks 17,348 8,303 9,364 7,795 8,175 7,025 7,584 10,777 Private nonguaranteed 4,576 11,389 32,801 25,915 27,653 27,045 29,144 37,808 Bonds 3 3,172 8,004 6,856 7,828 8,897 10,079 15,460 Commercial banks and other 4,573 8,218 24,797 19,059 19,826 18,148 19,066 22,348 Memo: IDRD 6,868 7,941 7,665 6,380 5,124 4,141 4,174 4,107 IDA 301 504 578 695 698 896 898 685 3 ALL DEVELOPING COUNTRIES (US$ million. unless othem'ise indicated) 1990 1995 2000 2002 2003 2004 2006 Euro .. .. 17.9 19.1 16.6 Japanese yen 10.9 13.1 11.8 10.8 10.9 10.5 10.0 Pound sterling 2,4 1.6 1.0 1.0 1.3 1.4 1.2 Swiss franc 2.1 1.2 0.5 0.6 0.6 0.6 0.7 U.S.dollars 43.7 47.1 61.7 63.0 60.8 60.5 63.5 Total amount rescheduled 79,328 31,580 60,696 18,657 1l,344 7.650 29,811 Debt stock rescheduled 61,849 6,900 23,193 2,319 3,491 1.092 24,305 Principal rescheduled 10,268 15,576 20,737 9,081 6,100 4,718 3,082 Official 5,822 6,984 17,063 8,134 5,479 4,583 2.768 Private 4,446 8,592 3,674 947 621 134 314 Interest rescheduled 5,796 5,220 13,962 3,352 1,148 1,485 1,006 Official 4,577 2,278 11,167 3,J39 1,026 1,077 961 Private 1,219 2,942 2,795 213 121 408 45 Debt forgiven 12,628 2,244 931 4,968 2,049 4,996 9,886 Memo: interest forgiven 2,890 962 1.949 2,208 688 1,570 11,886 Debt stock reduction 26,145 4,227 41,630 4,860 2,780 5,734 41,943 of which debt buyback 4,359 162 17,016 2,949 o 0 0 Total change in debt stocks 98,823 173,950 -59,594 80,194 221,276 178,827 ·24,376 Net flows on debt 56,131 147,521 1,208 11.294 77,644 128,223 133,275 152,194 46,331 1,590 ·53,000 71,160 87,526 39,441 -76,998 ·· ·.·~t,A~~~ED_9F.M:WCQ. ._~·.. ALL CREDITORS Interest (%) 7.0 6.1 7.0 5.2 4.7 4,4 4.9 Maturity (years) 17.1 13.9 14.0 15.7 13.9 15.0 16.2 Grace period (years) 5.8 4.6 7.2 6.6 7.1 7.2 8.8 Grant element (%) 20.5 21.5 15.3 28.8 28.3 31.7 31.7 OfficiaJ creditors Interest (%) 5.5 5.8 4.8 3.1 2.8 2,4 3.0 Maturity (years) 22,4 19.2 20.1 22.6 20.3 22.8 23.2 Grace peri od (years) 6.6 5.3 5.2 6.0 5,4 6.0 6.2 Grant element (%) 33.2 28.7 33.8 46.7 46.7 52.3 49.6 Private creditors Interest (%) 8.5 6.5 8.1 6.7 5.8 5.6 6.0 Maturity (years) 11.6 7.5 10.8 10.5 10,4 10.6 12.3 Grace period (years) 4.9 3.8 8.3 7.0 8.0 7.9 10.2 Grant element (%) 7.2 12.6 5.9 15.1 18.3 19.8 21.8 (current prices, US$ billion) I --.~~~~~--.- Aggregate Net Resource Flows Private Flows Official Flows 1 600 .0 2006 p=.:._'"-"-'-. 2006 · 500.0 2005 2005 · · · · · · · ·11 : 400.0 2004 2004 · · · · · ·111 300.0 200.0 100.0 2003 _ ··· 2002 · · · · · 2001 n.~ _ __ 2003 2002 2001 ... III---::::i 2000 .)_ __ 2000 0.0 2000 2001 2002 2003 2004 2005 2006 0,0 100,0 200.0 300.0 400.0 500.0 -60.0 -40,0 -20.0 0,0 20.0 40.0 60.0 III Private flows ::; Official flows III Private non-debt flows Private debt flows · Multilateral IIISilateral [J Grants 4 EAST ASIA AND PACIFIC (US$ million, unless otherwise indicated) 2000 2002 TOTAL DEBT STOCKS (EDT) 234,079 455,618 497,774 516,527 541,910 587,784 621,223 653,128 Long-term debt (LDOD) 194,620 345,442 418,685 388,140 389,348 403,802 400,185 408,384 Public and publicly guaranteed 172,984 255,392 271,247 266,772 266,832 268,272 256,316 256,970 Private nonguaranteed 21,635 90,050 147,438 121,368 122,516 135,530 143,869 151,415 Use of IMF credit 2,085 1,337 16,452 11,618 12,131 10,964 8,545 244 Short-term debt 37,374 108,839 62,637 116,769 140,431 173,018 212,493 244,499 of which interest arrears on LDOD 1,885 2,952 5,334 7,316 8,448 8,462 8,445 Official creditors 1,135 2,374 657 857 980 988 973 Private creditors 751 577 4,677 6,459 7,468 7.474 7,472 Memorandum items Principal arrears on LDOD 2,965 10,943 7,415 7,964 14,825 15,907 15,806 Official creditors 1,790 10,215 4,184 4,709 5,140 5,257 5,176 Private creditors 1,175 727 3,231 3,255 9.685 10.650 10,630 TOTAL DEBT FLOWS Disbursements 29,503 59,109 41,410 48,865 56,378 61,316 72,049 70,333 Long-term debt 29,445 58,907 39,917 47,353 54,424 61,316 72,049 70,333 IMF purchases 58 203 1,493 1,513 1,954 0 0 0 Principal repayments 18,662 32,257 47,891 69,140 73,043 58,559 67,296 71,047 Long-term debt 17,377 31,866 47.623 64,902 70,554 56,923 65,698 62,653 IMF repurchases 1,286 390 267 4,237 2.489 1,636 1,597 8,389 Net flows on debt 18,636 54,074 -16,330 -13,482 1,861 35,330 44,245 30,942 of which short -term debt 7,795 27,221 -9,850 6,792 18,526 32,572 39,492 31,792 Interest payments (lNT) 12,509 20,625 25,186 18,463 18,972 19,848 18,604 22,705 Long-term debt 10,154 15,541 20,378 14,505 14,664 14,959 13,036 15,90S IMF charges 245 69 793 360 203 285 336 268 Short-term debt 2,110 5,015 4,015 3,598 4,105 4,603 5,232 6,529 Net transfers on debt 6,126 33,449 -41,516 -31,946 -17,110 15,482 25,642 8,294 Total debt service paid (TDS) 31,172 52,882 73,076 87,603 92,015 78,407 85,900 93,752 Long-term debt 27,531 47,408 68,001 79,407 85,218 71,882 78,735 78,566 IMF repurchases and charges 1,531 459 1,060 4,597 2,692 1,921 1,933 8,658 Short-term debt (interest only) 2,110 5,015 4,015 3,598 4,105 4,603 5,232 6,529 NET RESOURCE FLOWS 25,085 84,537 46,522 45,507 52,344 92,293 133,348 147,068 Net flow of long-term debt (ex. IMF) 12,068 27,040 -7,706 -17,550 -16,130 4,393 6,351 7,676 Foreign direct investment (net) 10,512 50,798 45,138 57,004 53,485 66,101 96,898 88,892 Portfolio equity flows 440 3,616 6,589 3,836 12,487 19,042 26,108 48,400 Grants (excluding technical coop.) 2,081 3,082 2,500 2.216 2,502 2,757 3,992 2,100 Memo: technical coop. grants 2,400 3,276 2,833 2,827 3,430 3,641 3,916 3,500 NET TRANSFERS 9,772 53,103 -5,520 1,693 8,433 41,092 79,280 92,860 Interest on long-term debt 10,154 15,541 20,378 14,505 14,664 14,959 13,036 15,908 Profit rentittances on FDI 5,159 15,893 31,663 29,309 29,247 36,242 41,032 38,300 Gross national income (GNI) 656,305 1,284,215 1,679,645 1,992.788 2,260,088 2,626,637 3,024,030 Exports of goods, servo & inc. (XGS) 177,001 417.577 642,750 716,973 880,202 1,137,983 1,409,452 Worker remit. & compo of employees 3.258 9,694 16,675 29,474 35,309 38,805 43.163 Imports of goods & services (MGS) 182.910 452,273 606,233 673,971 824,090 1,065,185 1.242,466 International reserves (RES) 71,348 167,801 283,042 425,802 565,514 802,624 1,020,198 Current account balance -3,156 -29,102 45,120 56,291 73,704 94,224 179.879 EDT f XGS (%) 132.2 109.1 77.4 72.0 61.6 51.7 44.1 EDT fGNI(%) 35.7 35.5 29.6 25.9 24.0 22.4 20.5 TDS f XGS (%) 17.6 12.7 11.4 12.2 10.5 6.9 6.1 INT f XGS (%) 7.1 4.9 3.9 2.6 2.2 1.7 1.3 INT f GNl (%) 1.9 1.6 1.5 0.9 0.8 0.8 0.6 RES f EDT (%) 30,5 36.8 56.9 82.4 104.4 136.6 164.2 RES I MGS (months) 4.7 4.5 5.6 7.6 8.2 9.0 9.9 Short-term! EDT (%) 16.0 23.9 12.6 22.6 25.9 29.4 34.2 37.4 Concessional! EDT (% ) 29.4 21.6 20.9 21.3 22.3 22.2 19.1 18.4 Multilateral I EDT (%) 14.9 11.8 13.2 12.8 12.4 11.3 10.4 9.8 5 EAST ASIA AND PACIFIC (US$ million, unless otherwise indicated) 2000 2002 2004 DEBT OUTSTANDING (LDOD) 194,620 345,442 418,685 388,140 389,348 403,802 400,185 408,384 Public and publicly guaranteed 172,984 255,392 271,247 266,772 266,832 268,272 256,316 256,970 Official creditors 104,717 159,555 17L290 172,546 178,910 183,905 171,513 167,782 Multilateral 34,975 53,614 65,800 66,293 67,390 66,433 64,351 63,792 Concessional 7,347 13,449 17,433 19,716 22,855 24,688 23,560 24,250 Bilateral 69,742 105,941 105,489 106,253 111,520 117,473 107,162 j03,990 Concessional 61,559 84,918 86,685 90,256 98,180 106,035 95,034 96,152 Private creditors 68,268 95,837 99,957 94,226 87,922 84,367 84,803 89,187 Bonds 11,814 23,690 35,943 38,247 41,640 45,874 49,944 54,498 Commercial banks 35,213 39,430 32,715 27,250 21,435 16,494 15,628 18,096 Private nonguaranteed 21,635 90,050 147,438 121,368 122,516 135,530 143,869 151,415 Bonds 160 15,574 22,077 19,493 18,425 20,432 24,832 27,671 Commereial banks and other 21,476 74,476 125,361 101,875 104,091 115,098 119,038 123,743 Memo: IBRO 20,176 27,912 30,476 28,656 26,968 24,686 23,331 22,110 IDA 5,130 9,692 12,520 14,108 16,119 17,355 16,498 17,291 Public sector LOOO 172,441 254,003 270,867 266,041 266,077 267,335 254,902 Private sector LOOO 22,179 91,439 147,818 122,099 123,271 136,468 145,283 DISBURSEMENTS 29,445 58,907 39,917 47,353 54,424 61,316 72,1149 70,333 Public and publicly guaranteed 19,603 38,010 26,471 20,674 18,845 24,279 23,528 23,295 Official creditors 10,106 17,659 15,605 10,024 9,673 9,522 9,541 6,477 Multilateral 4,710 6,135 6,942 5,257 5,081 4,316 5,120 3.030 Concessional 1,030 1,336 1,173 1,082 1,480 1,247 1,172 913 Bilateral 5.396 11,524 8,664 4,767 4,592 5.206 4,422 3,447 Concessional 4,592 6.039 7,477 3,831 3,824 4,531 3,938 5,639 Private creditors 9,498 20,351 10,865 10,650 9,172 14,757 13,986 16,817 Bonds 852 4,449 4,539 7,049 4,936 11,467 9.409 8,170 Commercial banks 4,090 8,713 2,539 \,655 3,533 2,603 3,041 7,720 Private nonguaranteed 9,841 20,897 13,446 26,679 35,579 37,037 48,521 47,039 Bonds 120 5,731 1,106 986 1,916 4,859 7,148 6,088 Commercial banks and other 9,721 15,166 12,341 25,692 33,662 32,178 41,373 40,951 Memo: IBRO 2,532 3,168 3,245 2,491 2,132 1,861 1.825 1.316 IDA 604 934 700 651 944 774 627 591 PRINCIPAL REPAYMENTS 17,377 31,866 47,623 64,902 70,554 56,923 65,698 62,653 Public and publicly guaranteed 14,808 21,662 23,410 29,651 30,951 25,814 23,440 23,164 Official creditors 4.266 8,353 10,245 15,202 16.372 13,140 10,365 10,208 Multilateral 2,032 3,094 4,063 7,670 7,649 6,055 4,608 4,010 Concessional 77 127 448 271 313 415 430 395 Bilateral 2,234 5,259 6,183 7,532 8,723 7,085 5.757 6,198 Coneessional \,071 3.124 4,804 3,629 4,938 5,368 4,164 5,430 Pri vate creditors 10,542 13,309 13,164 14,449 14,578 12,674 13,074 12,956 Bonds 1,925 1.854 1,211 4,929 1,804 4,092 4,303 3,956 Commercial banks 5,395 5,317 7,159 5,301 8,947 5,997 5,052 5,176 Private nonguaranteed 2,569 10,204 24,213 35,251 39,604 31,109 42,259 39,494 Bonds 0 120 5,168 3,006 2,982 2,554 2,308 3,248 Commercial hanks and other 2,569 10,084 19,045 32,245 36,621 28,555 39,951 36.245 Memo: IBRO 1,462 2.152 2,006 4,702 4,334 4.307 2,798 2,668 IDA 19 SO 107 162 199 248 286 264 INTEREST PA YME~lS (LINT) 10,154 15,541 20,378 14,505 14,664 14,959 13,036 15,908 Public and publicly guaranteed 8,864 12,044 12,838 9,962 10,023 10,522 8,505 10,605 Official creditors 3,672 6.281 7,237 5,430 5,354 5,911 4,030 5,031 Multilateral 2,146 3,051 3,834 3,272 2,623 2,504 2,018 1,801 Concessional 63 125 147 148 166 197 205 162 Bilateral 1,526 3,230 3,403 2,158 2,731 3,407 2,012 3,230 Concessional 994 2,059 2,213 1,551 2,071 2,812 1,618 2,658 Pri vale creditors 5.192 5,763 5,601 4,533 4,669 4,611 4,475 5,574 Bonds 923 1,238 2,300 2.447 2.730 2,990 3,194 3,545 Commercial banks 2,795 2,442 1,895 1,094 721 798 760 974 Private nonguaranteed 1,290 3,497 7,540 4,543 4,640 4,437 4,532 5,303 Bonds 2 503 1,942 1,381 1,363 1,269 1,772 1,831 Commercial banks and other 1,289 2,994 5,598 3.162 3,278 3,168 2,759 3,472 Memo: lBRO 1,521 1,999 2,146 1,875 1,461 1,204 1,028 1,018 IDA 34 69 87 94 104 130 133 104 6 EAST ASIA AND PACIFIC (US$ million, unless otherwise indicated) 1990 1995 2000 2002 2003 Euro .. " " 7.2 8.7 8.5 Japanese yen 29.1 28.2 28.3 27.0 27.8 28.4 27.2 Pound sterling 1.0 0.4 0.5 0.5 0.5 0.7 0.8 Swiss franc 1.0 0.5 0.2 0.3 0.3 0.3 0.3 U.S.dollars 23.6 36.7 55.9 57.1 56.0 54.1 56.0 Total amount rescheduled 1,478 314 2,468 5.074 3,086 0 2,612 Debt stock rescheduled 0 0 0 1,002 0 0 0 Principal rescheduled 848 170 2,268 2,441 2,515 0 1,376 Official 172 156 1,541 1,836 1,949 0 1,358 Private 676 14 727 604 566 0 18 Interest rescheduled 186 104 I 675 408 0 566 Official 107 104 I 551 342 0 555 Private 80 0 0 124 66 0 11 Debt forgiven 0 44 5 1 2 5 8 Memo: interest forgiven 0 7 1,631 0 0 0 6 Debt stock reduction 1,803 0 8,759 0 905 0 0 of which debt 721 0 0 0 0 0 0 Total change in debt stocks 30,301 71,918 -41,156 -95 25,383 45,874 33,439 Net flows on debt 18,636 54,074 -16,330 -13,482 1,861 35,330 44,245 30,942 Cross-currency valuation 10,348 -1,773 -13,902 13,127 16,167 5,504 -15.376 ALL CREDITORS Interest (%) 6.5 5.9 5.7 4.9 3.7 4.2 4.8 M aturi ty (years) 19.6 15.8 17.2 16.5 15.1 14.6 16.1 Grace period (years) 5.4 5.0 5.2 6.6 5.5 6.8 7.3 Grant element (%) 24.4 23.8 25.9 31.2 34.5 33.5 31.2 Official creditors Interest (%) 4.9 5.3 3.8 2.7 1.9 2.2 2.8 Maturity (years) 24.6 22.0 26.8 25.0 25.5 25.2 24.9 Grace peri od (years) 7.1 5.6 6.3 6.0 5.5 6.7 5.8 Grant element (%) 38.7 32.7 46.5 51.5 57.5 57.4 51.0 Private creditors Interest (%) 8.3 6.4 6.8 6.3 4.8 5.3 6.0 Maturity (years) 14.1 9.6 11.4 10.9 8.0 8.6 10.6 Grace period (years) 3.5 4.4 4.5 7.0 5.5 6.8 8.3 Grant element 8.6 14.9 13.6 17.7 18.9 19.9 19.1 (current prices, US$ billion) - - - - - - - - - - - - ------------------- -- - ------------- Aggregate Net Resource Flows Private Flows Official Flows 160.0 2006 -. 140.0· 2005 2005 120.0 100.0 2004 2004 ._----J 80.0 2003 2003 60.0 2002 2002 40.0 2001 2001 ~ 20.0 2000 2000 0.0 2000 2001 2002 2003 2004 2005 2006 -50.0 0.0 50.0 100.0 150.0 -6.0 -4.0 -2.0 0.0 2.0 4.0 6.0 III Private flows _J Official flows iii Private non·debt flows ::J Private debt flows · Multilateral III Bilateral nGrants .............._-- ------- 7 EUROPE AND CENTRAL ASIA (US$ million, unless otherwise indicated) 2000 2004 2006 TOTAL DEBT STOCKS (EDT) 210,841 332,231 489,776 542,016 654,300 760,205 834,484 954,934 Long-term debt (LDOD) 172,395 276,391 390,194 422,955 491,646 583,440 646,633 742,675 Public and publicly guaranteed 167,474 259,687 275,554 266,115 289,752 310,142 266,975 277,574 Private non guaranteed 4,921 16,705 114,640 156,841 201,894 273,298 379,658 465,101 Use of IMF credit 1,305 16,942 21,950 34,245 35,315 30,735 18,810 13,962 Short-term debt 37,141 38,897 77,631 84,816 127,339 146,030 169,042 198,297 of which interest arrears on LDOD 13,041 8,025 8,673 5,823 5,380 4,160 4,206 Official creditors 6,573 2,133 7,079 4,502 3,461 3,300 3,372 Private creditors 6,468 5,892 1,594 1,321 1,919 860 833 Memorandum items Principal arrears on LDOD 6,324 29,193 14,534 8,448 8,041 4,268 4,244 Official creditors 4,584 8,113 10,978 5,441 4,413 2,295 2,314 Private creditors 1,740 21,081 3,556 3,007 3,628 1,973 1,930 TOTAL DEBT FLOWS Disbursements 27,955 32,908 63,756 94,863 110,816 177,628 229,248 243,726 Long-Ienn debt 27,207 24,753 59,387 81,382 108,327 175,986 226,458 240,287 IMF purchases 747 8,155 4,369 13,481 2,489 1,642 2,789 3,440 Principal repayments 19,203 21,064 50,205 73,172 86,433 117,018 161,502 159,277 Long-Ienn debt 18,471 18,016 45,127 64,328 81,950 109,485 148,917 150,194 IMF repurchases 732 3,047 5,079 8,845 4,483 7,533 12,585 9,083 Net flows on debt 1,647 18,702 21,909 26,438 55,074 80,521 90,712 114,523 of which short -lenn debt -7,104 6,857 8,358 4,748 30,981 19,911 22,966 30,071 Interest payments (INT) 11,648 13,767 22,242 22,348 25,219 29,328 34,423 39,679 Long-tenn debt 9,352 11,562 17,422 18,987 21,191 23,231 26,666 31,207 IMFcharges 128 711 1,080 1.164 803 1,201 1,125 433 Short -tenn debt 2,169 1,494 3,740 2,196 3,225 4,896 6,631 8,038 Net transfers on debt -10,001 4,935 -333 4,089 29,856 51,193 56,290 74,691 Total debt service paid (TDS) 30,852 34,831 72,447 95,520 111,653 146,346 195,924 198,956 Long-tenn debt 27,823 29,579 62,548 83,315 103,142 132,716 175,583 181,401 IMF repurchases and charges 860 3,758 6,159 10,009 5,286 8,735 13,710 9,517 Short-tenn debt (interest only) 2,169 1,494 3,740 2,196 3,225 4,896 6,631 8,038 NET RESOURCE FLOWS 8,205 31,111 48,745 51,966 68,331 144,567 161,516 218,984 Net flow of long-term debt (ex. IMF) 8,736 6,737 14,260 17,054 26,377 66,501 77,541 90,093 Foreign direct investment (net) 3,333 14,799 25,367 26,377 34,205 62,754 73,687 107,253 Portfolio equity Bows 89 402 643 140 -603 5,250 6,328 10,500 Grants (excluding technical coop.) 1,008 9,173 8,476 8,395 8,351 10,063 3,960 11,138 Memo: technical coop. grants 421 4,575 2,948 4,748 4,316 4,339 2,624 1,868 NET TRANSFERS 2,063 17,665 25,162 22,497 22,904 85,259 85,404 130,577 Interest on 10ng-tenn debt 9,352 11,562 17,422 18,987 21,191 23,231 26,666 31,207 Profit remittances on fDl 218 1,884 6,162 10,482 24,236 36,078 49,446 57,200 Gross national income (GNI) 1,062,578 979,848 89\,097 1,057,276 1.296,788 \,650,241 2,026,980 Exports of goods, serv, & inc. (XGS) 0 285,777 380,885 431,072 550,425 725,278 890,582 Worker remit. & compo of employees 3,246 7,929 13,086 14,051 16,800 21,894 30.346 Unports of goods & services (MGS) 0 294,510 369,427 430,161 557,849 728,606 874,369 International reserves (RES) 0 76,556 115,084 162,046 222,299 300,439 395,453 Current account balance -4,262 -2,732 18,473 8,709 2,660 9,197 25,760 EDT/XGS (%) 116.3 128.6 125.7 118.9 104.8 93.7 EDT IGNI{%) 19.8 33.9 55.0 51.3 50.5 46.1 41.2 TDSfXGS (%) 12.2 19.0 22.2 20.3 20.2 22.0 !NT I XGS (%) 4.8 5.8 5.2 4.6 4.0 3.9 !NT I GNI (%) 1.1 1.4 2.5 2.1 1.9 1.8 1.7 RES I EDT (%) 0.0 23.0 23.5 29.9 34.0 39.5 47.4 RES / MGS (months) 3.1 3.7 4.5 4.8 4.9 5.4 Short-lenn f EDT (%) 17.6 11.7 15.9 15.6 19.5 \9.2 20.3 20.8 Concessional / EDT (%) 6.0 7.2 5.1 5.2 4.8 4.5 3.3 3.0 Multilateral / EDT (%) 7.8 7.6 7.0 7.5 6.7 6.2 5.3 5.0 8 EUROPE AND CENTRAL ASIA (US$ million, unless otherwise indicated) 1990 1995 2000 2002 2006 DEBT OUTSTANDING (LDOD) 172,395 276,391 390,194 422,955 491,646 583,440 646,633 742,675 Public and publicly guaranteed 167,474 259,687 275,554 266,115 289,752 310,142 266,975 277,574 Official creditors 63,424 137,675 144,025 129,945 132,328 138,988 101,589 79,150 Multilateral 16,425 25,277 34,467 40,431 43,616 47,185 44,632 47,506 Concessional 920 1.728 3,677 4,929 6,417 7,807 8,718 10,114 Bilateral 46,999 112,398 109,558 89,513 88,712 91,803 56,957 31,644 Concessional 11,730 22,216 21,397 23.105 25,016 26,031 18,903 18,606 Private creditors 104,050 122,011 131,529 136,170 157,424 171,154 165.386 198,424 Bonds 11,840 45,796 90,985 96,165 113,232 125,442 125,432 151,211 Commercial banks 63,920 40,044 29,128 31,936 35,593 38,205 34,224 42,315 Private nonguaranteed 4,921 16,705 114,640 156,841 201,894 273,298 379,658 465,101 Bonds 16 149 7,215 1I,031 18,224 30,767 50,697 76,240 Commercial banks and other 4,905 16,555 107,425 145,810 183,670 242,531 328,962 388,862 Memo: IBRD 10,271 15,623 22,528 26,299 26,821 27,371 24.898 25,494 IDA 157 669 2,667 3,730 4,589 5,555 5,548 6.001 Public sector LDOD 166,716 258,247 273,667 264,268 287,566 306,746 264,321 Private sector LDOD 5,679 18,145 116,527 158,687 204,080 276,693 382,312 DISBURSEMENTS 27,207 24,753 59,387 81,382 108,327 175,986 226,458 240,287 Public and publicly guaranteed 25,446 19,005 26,012 19,500 26,444 34,634 33,887 51,853 Official creditors 6,330 6,539 8,121 6,005 5,610 8,516 6,401 7,869 Multilateral 2,292 4,295 4,943 4,094 3,949 6,821 5,407 5,856 Concessional 14 413 471 777 1,035 1,139 1,674 I,J66 Bilateral 4,038 2,245 3,178 1,912 1.661 1,695 995 2,013 Concessional 940 1,201 1,516 1,004 1,101 1,085 782 1,620 Pri vate creditors 19,116 12,466 17,892 13,495 20,834 26,118 27,485 43,985 Bonds 1,959 5,771 10,713 7,717 14,085 19,342 23,431 31,963 Commercial banks 3,650 2,444 6,173 5,117 4,392 6,157 3,688 11,595 Private nonguaranteed 1,761 5,749 33,375 61,882 81,883 141,352 192,572 188,433 Bonds 0 0 1.513 3,993 8,028 15,852 22,615 29,251 Commercial banks and other 1,761 5,749 31.862 57,889 73,855 125,501 169,956 159,182 Memo: IBRD L218 2,639 3.102 2,171 1,445 2,978 2,182 2,564 IDA 0 370 351 603 494 745 420 324 PRINCIPAL REPAYMENTS 18,471 18,016 45,127 64,328 81,950 109,485 148,917 150,194 Public and publicly guaranteed 16,974 15,365 18,859 20,993 29,067 29,515 53,471 46,525 Official creditors 3,100 4,909 7,269 8,040 10,308 12,687 32,764 32,222 Multilateral 1,450 2,962 2.769 2,810 3,766 5,085 4,759 4,442 Concessional 23 66 33 38 82 96 79 119 Bilateral 1,651 1,947 4,500 5,230 6,542 7,602 28,005 27,781 Concessional 434 524 2,249 1,442 1,787 2,044 5,933 1,915 Private creditors 13,874 10,456 11,589 12,953 18,760 16,828 20,707 14,303 Bonds 66 3,747 5,641 7,171 1],293 10,638 15.409 9,179 Commercial banks 8,731 3,308 3,461 3,535 4,919 4,238 3,711 3,883 Private nonguaranteed 1,497 2,651 26,268 43,335 52,883 79,970 95,446 103,669 Bonds 0 0 958 845 1,301 1,222 2,231 3,708 Commercial banks and other 1,497 2,651 25,310 42,490 51,582 78,748 93,215 99,960 Memo: lBRD 1.133 1,191 1.314 1,763 2,543 3,283 3,307 2,579 IDA 4 6 6 6 8 13 23 35 INTEREST PAYMENTS (LINT) 9,352 11,562 17,422 18,987 21,191 23,231 26,666 31,207 Public and publicly guaranteed 8,910 10,898 11,806 13,446 14,221 14,325 14,649 15,508 Official creditors 2,204 4,685 3,955 4,791 5,056 4,620 4,568 3,943 Multilateral 1.182 1,476 1,861 1,538 1,462 1,401 1,674 1,724 Concessional 39 47 42 49 60 84 103 145 Bilateral 1,023 3,209 2,094 3,252 3,594 3,219 2,894 2,220 Concessional 246 755 626 610 633 660 542 508 Private creditors 6,706 6,213 7,851 8,656 9,165 9,704 10,081 11,564 Bonds 735 3,176 5,783 6,760 7,235 7,830 8,046 8,789 Commercial banks 4,584 1,740 1,494 1,408 1,548 1,533 1,695 2,505 Private nonguaranteed 441 664 5,616 5,541 6,971 8,906 12,017 15,700 Bonds 1 13 532 809 1,866 1,372 2,939 4,779 Commercial banks and other 440 651 5.084 4,733 5,105 7,534 9,078 10,920 Memo: IBRD 809 911 1,280 1,086 976 862 973 974 IDA 1 3 19 23 30 42 45 40 9 EUROPE AND CENTRAL ASIA (US$ million, unless otherwise indicated) 1990 1995 2000 2002 2003 Euro .. .. 34.1 36.9 33.4 Japanese yen 7.6 9.9 6.5 5.4 5.2 4.6 4.9 Pound sterling 1.8 1.1 0.7 0.9 0.8 1.1 1.2 Swiss franc 6.4 2.5 0.5 0.6 0.6 0.7 1.6 U.s.dollars 32.6 43.1 58.3 56.0 53.7 52.7 55.7 7. DEBT REST'-UC'I'URlNGS Total amount reseheduled 3,559 11, III 29.177 7,032 3,286 3,189 593 Debt stock rescheduled 0 225 19,307 976 4 937 487 Principal rescheduled 1,366 7.677 3.670 3.729 2,929 1,941 79 Official 746 4.026 2,991 3.572 2,923 1,939 78 Private 620 3,651 679 158 6 2 1 Interest rescheduled 2.163 1.381 4.389 768 357 362 14 Official 1,998 777 2,221 765 357 13 12 Private 165 604 2,168 3 0 349 2 Debt forgiven 232 0 12 849 7 34 221 Memo: interest forgiven 61 () () 85 81 570 20 Debt stock reduction 1,779 146 12,545 294 46 1,497 6 of which debt 882 30 943 0 0 0 0 DEB'tSl'OCK-FLOW ImCONClLlATIQli Total ehange in debt stocks 19,660 21,793 10,180 48,896 112,284 105,905 74,279 Net nows on debt 1.647 18,702 21,909 26.438 55,074 80,521 90,712 114,523 9,846 6,506 -9,823 18,002 23,731 9,640 -20,492 9.AVEBAGŁ TQMSQF~W CQMMITMENTS ALL CREDITORS Interest (%) 8.4 6.1 7.4 5.3 4.8 4.5 3.9 Maturity (years) 12.0 11.4 11.6 11.3 10.8 11.3 15.3 Grace period (years) 6.2 5.2 6.6 5.6 5.7 7.4 11.2 Grant element (%) 8.8 19.4 11.8 24.8 26.0 28.4 39.5 Official creditors Interest (%) 7.8 5.8 5.9 3.0 4.2 3.1 2.7 Maturity (years) 13.7 16.7 17.6 18.1 16.5 18.2 20.5 Grace period (years) 5.9 5.2 5.4 5.6 3.7 6.2 6.9 Grant element (%) 12.4 25.4 26.5 43.4 34.3 45.8 49.3 Private creditors Interest (%) 8.6 6.4 8, I 6.5 5.1 4.9 4.3 Maturity (years) 11.3 7.0 9.2 7.5 8,1 9.3 13.5 Grace period (years) 6.4 5,1 7.1 5.6 6.6 7.8 12.7 Grant element (%) 7.3 14.4 5,8 14.5 22.1 23.S 36.0 10.GllAPHoF AGGRlGA'fE NETRESOlJR.CI FlOWS (current prices, US$ billion) Aggregate Net Resource Flows Private Flows Official Flows 250.0 2006 2006 11l1lil1lil1lil1lil1lil1liII1IIl1li111 : 200.0 2005 , 2005 2004 · _ _ ___ I I 2004 2003 2003 ' 100.0 2002 , 2002 50,0 2001 2001 2000 2000 : 0.0 2000 2001 2002 2003 2004 2005 2006 0,0 50,0 100.0 150.0 -30.0 -20,0 -100 0.0 10.0 20,0 !II Private flows ::; Officiaillows iii Private non-debt flows -l Private debt flows · Multilateral III Bilateral DGranls 10 LATIN AMERICA AND CARffiBEAN (US$ million, unless otherwise indicated) 1995 2000 2002 :t.SPMMARYilE8'1'bAtA . , ., TOTAL DEBT STOCKS (EDT) 444,637 611,790 762,473 776,473 817,157 815,977 727,628 711,045 Long-term debt (LDOD) 352,724 461,492 641,808 656,438 677,810 669,007 621,868 617,779 Public and publicly guaranteed 327,705 374,098 400,351 430,492 456,128 464,682 419,555 400,817 Private non guaranteed 25.018 87,394 241,457 225,946 221,682 204,325 202,313 216,962 Use of IMF credit 18,298 26,719 8,846 38,302 47,758 43,307 13,122 1,830 Short-term debt 73,615 123,579 111,818 81,732 91,589 103,663 92,638 91,437 of which interest arrears on LDOD 25,544 lO,312 1,681 6,743 13,965 18,776 10,514 Official creditors 3,856 3,561 1,156 855 1,104 1,212 1,247 Private creditors 21.688 6,750 526 5,888 12,861 17,565 9,267 Memorandum items Principal arrears on LDOD 24.401 16,002 3,762 9,988 18,866 30,598 17,822 Official creditors 7,370 6,070 1,902 1,457 2,266 3,287 3,652 Private creditors 17,031 9,932 1,859 8,531 16,600 27,311 14,170 TOTAL DEBT FLOWS Disbursements 32,567 89,875 121,404 104,978 126,114 105,572 106,073 115,105 Long-term debt 27.731 74,103 117,895 87,335 101,985 101,344 105,481 114,583 IMF purchases 4.836 15,772 3,510 17,644 24,129 4,228 593 522 Principal repayments 22,124 43,476 124,531 97,252 112,347 116,743 120,703 129,548 Long-term debt 18,469 40,582 110,294 91,488 93,788 106.259 92,530 J 18,102 IMF repurchases 3,655 2,894 14,237 5,765 18,559 10,484 28,172 11,446 Net flows on debt 18,096 60,991 ·3,993 -2,808 16,402 -3,909 ·17,392 -12,349 of which short -term debt 7,653 14,592 -866 -10,535 2,635 7,262 -2,763 2,096 Interest payments (INT) 21,973 36,138 55,558 40,029 41,281 40,191 40,145 41,018 Long-term debt 18,128 28,605 47,956 36,297 36,441 34,433 34,314 38,557 IMF charges 1,459 1,107 777 1,195 1,323 1,881 1,732 303 Short-term debt 2,386 6.426 6,825 2,537 3,518 3,877 4,099 2,159 Net transfers on debt -3,877 24,853 -59,551 -42,838 -24,880 -44,100 .57,537 -53,367 Total debt service paid (TDS) 44,097 79,614 180,090 137,282 153,629 156,935 160,847 170,567 Long-term debt 36,597 69,187 158,250 127,784 \30,229 140,692 126,844 156,659 IMP repurchases and charges 5,114 4,001 15,014 6,960 19,882 12,365 29,904 11.749 Short-term debt (interest only) 2,386 6,426 6,825 2,537 3,518 3,877 4,099 2,159 !'lET RESOURCE FLOWS 22,247 72,554 89,529 51,886 58,626 61,948 100,121 113,100 Net flow of long-term debt (ex. IMF) 9,262 33,521 7,601 -4,153 8,197 -4,915 12,951 -3,519 Foreign direct investment (net) 8,242 30,512 80,021 51,783 43,999 62,523 70,017 68,968 Portfolio equity flows 2,464 5,232 -566 1,444 3,382 -585 12,351 11,100 Grants (excluding technical coop.) 2,279 3,288 2,474 2,812 3,047 4,926 4,802 36,551 Memo: technical coop. grants 1,954 2,701 2,736 2,906 3,637 3,756 3,188 2,927 NET TRANSFERS -3,41 t 28,846 18,978 -4,019 -2,684 -7,733 16,946 30,043 Interest on long-term deht 18,128 28,605 47,956 36,297 36,441 34,433 34,314 38,557 Profit remittances on FDI 7,530 15,103 22,595 19.608 24,869 35,249 48,861 44,500 Gross national income (GND 1.056,832 1,634,543 1,909,161 1,632,893 1,692,589 1,940,914 2,359,590 Exports of goods, servo & inc. (XGS) 185,556 305,400 465,929 447,821 490,805 595,911 715,398 Worker remit. & comp, of employees 5,762 13,420 20,127 28,091 34,932 41,440 48,197 Imports of goods & services (MGS) 192,007 347,621 517,258 468.085 487,393 582,061 686,629 Intemational reserves (RES) 58,687 139,214 160,281 164,666 200,798 226,729 262,800 Current account balance -1,088 -37,884 -47,595 -15,906 7,850 19,127 33,292 EDT/XGS(%) 239.6 200.3 163.6 173.4 166.5 136.9 101.7 EDT I GNI(%) 42.1 37.4 39.9 47.6 48.3 42.0 30.8 TDS IXGS (%) 23.8 26.1 38.7 30.7 31.3 26.3 22.5 !NT I XGS (%) 11.8 11.8 11.9 8.9 8.4 6.7 5.6 INT I GNI (%) 2.1 2.2 2.9 2.5 2.4 2.1 1.7 RES I EDT (%) 13.2 22.8 21.0 21.2 24.6 27.8 36,1 RES I MGS (months) 3.7 4.8 3.7 4.2 4.9 4.7 4.6 Short-tenn I EDT (%) 16.6 20.2 14.7 10.5 11.2 12.7 12.7 12.9 Concessionall EDT (%) 5.4 6.3 4.0 4.0 4.2 4.2 4.3 4.0 Multilateral I EDT (%) 13.5 1\.9 12.2 13.2 13.2 13.1 14.3 13.3 11 LATIN AMERICA AND CARIBBEAN (US$ million, unless otherwise indicated) 1995 2000 2004 2005 2006 DEBT OUTSTANDING (LDOD) 352,724 461,492 641,808 656,438 677,810 669,007 621,868 617,779 Public and publicly guaranteed 327,705 374,098 400,351 430,492 456,128 464,682 419,555 400,817 Official creditors 121,469 160,181 140,673 143,824 148,293 144,033 133,737 119,914 Multilateral 59,970 72.774 93,282 102,238 107,545 106,961 104,049 94,729 Concessional 5,882 7,912 10,515 11,653 13,654 14,825 14,919 12,257 Bilateral 61,498 87,406 47,391 41,586 40,748 37,072 29,688 25,185 Concessional 18,135 30,376 20,126 19,383 20,369 19,702 16,328 16,256 Private creditors 206,237 213,917 259,678 286,668 307,835 320,648 285,818 280,903 Bonds 75,976 165,484 218,524 225.579 245,362 255,611 219,396 210,916 COImnercial banks 101,750 35,253 32,780 56,048 58,388 61,099 62,657 65,894 Private nonguaranteed 25,018 87,394 241,457 225,946 221,682 204,325 202,313 216,962 Bonds 171 33,829 60,435 58,479 80,760 70,002 72,733 75,784 Commercial banks and other 24,847 53.565 181,022 167,467 140,922 134,323 129,580 141,177 Memo: mRD 34,760 36,390 37,532 38,091 37,847 36,793 35,329 31,038 IDA 1.117 2,186 3,387 3,991 4,614 5.136 5,049 1,491 Public sector LDOD 324,336 372,132 397,411 427,984 453,261 462,050 417,167 Private sector LDOD 28,388 89,360 244,397 228,454 224,549 206,957 204,701 DISBURSEMENTS 27,731 74,103 117,895 87,335 101,985 101,344 105,481 114,583 Public and publicly guaranteed 23,033 46,573 60,071 49,382 60,683 52,608 56,046 50,540 Official creditors 13,183 23,720 16,491 15,949 19,002 12.395 12,808 14,145 Multilateral 8,986 10,021 13,608 11,819 17,286 10,566 10,531 10,275 Concessional 450 810 681 809 1,549 1,331 1,077 723 Bilateral 4,197 13,699 2,883 4,131 1,716 1,829 2,277 3,870 Concessional 1,950 1,325 1,602 1,562 1,235 1.428 1,351 1,513 Private creditors 9,850 22,853 43,580 33,432 41,681 40,213 43,238 36.395 Bonds 1,938 13,694 35,630 16,619 26,681 23,380 27,461 25,511 Commercial banks 4,803 7,426 7,163 16,261 14,315 15.947 15,172 10,141 Private nonguaranteed 4,698 27,530 57,824 37,953 41,302 48,736 49,435 64,043 Bonds 171 7,412 8,312 4,558 7,994 1l,623 16,018 12,734 Commercial banks and other 4,527 20.118 49,513 33,395 33,308 37,113 33,417 51,309 Memo: mRD 6,139 4,642 5,609 4,390 6,376 4,337 3,554 4,882 IDA 119 277 202 250 323 391 306 157 PRINCIPAL REPAYMENTS 18,469 40,582 110,294 91,488 93,788 106,259 92,530 118,102 Public and publicly guaranteed 16,254 27,858 52,239 45,562 51,263 46,157 42,961 71,356 Official creditors 6,452 14,628 16,887 15,123 19,843 16,419 16,422 27,86\ Multilateral 4,751 8.338 9,848 9,750 15,101 12,010 10,966 19,190 Concessional 149 283 258 238 306 377 352 444 Bilateral 1,701 6,290 7,038 5,373 4,741 4,409 5,456 8,671 Concessional 185 1,042 1,271 1,473 1,414 1,490 2,476 1,651 Private creditors 9,802 13,231 35,352 30,439 31,420 29,737 26,539 43,495 Bonds 2,008 5,839 26,718 13,937 18,416 16,674 16,257 35,740 Commercial banks 5,219 4,333 7,040 14,036 11,407 12,195 9,541 6,983 Private nonguaranteed 2,215 12,724 58,055 45,926 42,525 60,103 49,569 46,746 Bonds 0 3,922 8,849 7,670 5,262 20,175 10,583 9,633 Commercial banks and otber 2,215 8,802 49,207 38,256 37,263 39,928 38,986 37,113 Memo: mRD 3.310 4,984 3,811 4,921 7,119 5,649 4,578 9,366 IDA 9 21 18 20 22 67 39 43 INTEREST PAYMENTS (LINT) 18,128 28,605 47,956 36,297 36,441 34,433 34,314 38,557 Public and publicly guaranteed 15,867 22,768 29,911 22,404 22,777 22,806 24,587 25,687 Official creditors 5,497 8,926 8,583 7,108 6,662 5,673 5,578 5,408 Multilateral 4,124 4,888 6,364 5.481 5,255 4,429 4.484 4,327 Concessional 103 151 163 120 165 224 240 271 Bilateral 1,373 4,038 2,219 1,628 1,408 1,244 1,095 1,081 Concessional 135 886 659 531 511 516 492 460 Pri vate creditors 10,370 13,842 21,328 15,296 16,114 17,133 19,009 20,279 Bonds 2,398 11,289 17,316 11,686 12,805 13,869 15,555 15,777 Commercial banks 6,697 1,628 3.215 3,309 3,123 3,100 3,306 3,907 Private nonguaranteed 2,261 5,836 18,046 13,893 13,664 11,627 9,726 12,870 Bonds 0 2,597 5.193 4,296 4,123 5,712 4,542 7,432 Commercial banks and other 2,261 3,239 12,852 9,596 9,541 5,915 5.185 5,438 Memo: mRD 2.538 2,657 2,810 2,298 1,898 1,488 1.523 1,511 IDA 8 23 17 18 21 46 37 24 12 LA TIN AMERICA AND CARIBBEAN (US$ million, unless otherwise indicated) 1990 1995 2000 2002 2003 2004 Euro .. .. .. 12.2 12.8 9.9 Japanese yen 6.4 8.3 6.5 5.3 4.9 4.5 3.3 Pound sterling 1.6 l.l 0.6 0.4 0.4 0.3 0.2 Swiss franc 1.0 0.6 0.3 0.2 0.2 0.2 0.1 U.S.dollars 59.4 62.0 72.8 75.8 76.8 77.2 81.8 Total amount rescheduled 63,739 7,922 5.146 127 3,453 566 24,957 Debt stock rescheduled 59,026 3,355 3,783 0 3,185 5 23,795 Principal rescheduled 3,055 1,023 819 61 80 424 456 Official 1,533 823 701 57 80 394 249 Private 1,522 200 118 4 0 30 208 Interest rescheduled 1,507 2,481 229 43 31 59 67 Official 960 641 210 41 31 49 48 Private 547 1,840 18 2 0 10 20 Debt forgiven 180 534 98 382 395 542 628 Memo: interest forgiven 259 734 20 202 199 226 11,655 Debt stock reduction 2l.301 3,701 19,728 3,230 11 1,282 30,600 of which debt 2,756 102 2,497 0 0 0 Total change in debt stocks 19,793 63,230 -13,030 3,723 40,684 -1,180 -88,349 Net flows on debt 18,096 60,991 -3,993 -2,808 16,402 -3,909 -17,392 -12,349 valuation 1l,548 1,926 -10.226 18,748 11,370 -12,627 ALL CREDITORS Interest (%) 7.9 7.2 8.4 6.2 5.9 5.8 6.5 Maturity (years) 15.1 9.9 12.6 14.1 12.5 14.7 15.3 Grace period (years) 5.1 3.6 9.1 7.6 8.7 10.1 9.8 Grant element (% ) 12.3 12.3 4.8 20.4 20.3 22.7 21.4 Official creditors Interest (%) 7.0 7.6 5.9 3.9 3.1 3.2 4.2 Maturity (years) 18.1 14.2 12.7 17.7 13.9 16.1 18.3 Grace period (years) 5.0 4.1 3.1 4.8 4.8 4.6 4.9 Grant element (%) 18.8 15.7 18.8 35.5 38.1 38.7 37.0 Private creditors Interest (%) 9.1 6.8 9.4 7.4 6.7 6.7 7.3 Maturity (years) 11.1 4.2 12.6 12.3 12.0 14.2 14.2 Grace period 5.3 2.9 11.5 9.1 9.9 12.0 lI.5 Grant element 3.6 7.9 -0.7 12.7 15.0 17.1 15.8 (current prices, US$ billion) ------- -l Aggregate Net Resource Flows _p Private Flows Official Flows -I I 120.0 r n ~..... ............ 2006 ; 2006 -- 100.0 W:"" -r.cJ ,- 2005 2005 ~~.-~ 80.0 2004 2004 so.o 40.0 2003 2002 2003 2002 1 - J--.! 2001 2001 20.0 2000 2000 0.0 2000 2001 2002 2003 2004 2005 2006 -20.0 0.0 20.0 40.0 60.0 80.0 100.0 -20.0 -10.0 0,0 10.0 20.0 30.0 40.0 III Private flows D Official flows III Private non-debt flows Private debt flows III Multilateral III Bilateral r;Grants 13 MIDDLE EAST AND NORTH AFRICA (US$ million, unless otherwise indicated) 1990 1995 1000 2002 2004 2005 2006 TOTAL DEBT STOCKS (EDT) 139,541 167,325 145,226 150,952 162,011 169,478 152,724 149,607 Long-tenn debt (LDOD) 118,031 146,602 121,199 129,539 137,871 141,191 124,308 119.334 Public and publicly guaranteed 116,613 142,803 114,670 123,085 130,903 133,993 113,334 104:398 Private nonguaranteed 1,418 3,799 6,529 6,455 6,968 7,198 10,974 14,937 Use of IMF credit 1,815 2,177 2,542 2,219 1,831 1,378 547 446 Short-term debt 19,696 18.546 21,484 19,194 22,310 26,909 27,869 29,826 of which interest arrears on LDOD 2,878 2,294 2,666 2,807 2,784 2,914 632 Official creditors 1,647 1,982 2,523 2,658 2,625 2,750 484 Pri vate creditors 1,231 312 143 150 159 164 148 Memorandum items Principal arrears on LDOD 8,187 8,667 11,095 12,542 12,794 13,504 4,965 Official creditors 3,579 6,645 10,033 11,456 11,676 12,366 3,906 Private creditors 4,608 2,022 1,062 1,086 1,118 1,138 1,058 TOTAL DEBT FLOWS Disbursements 13,324 12,123 9,651 14,097 12,424 14.431 17,305 16,603 Long-term debt 13,258 11,534 9,628 13,998 12,424 14,431 17,305 16,603 IMF purchases 24 0 Principal repayments Long-term debt 65 12,618 12,221 590 12,081 1l,691 11,580 11,342 99 12,090 11,694 0 14,642 14,083 0 16,015 15,504 15,945 15,199 ° 25,488 25,371 IMF repurchases 397 390 238 396 560 511 745 117 Net flows on debt 2,330 3,683 -3,795 1,424 921 2,886 4,602 -6,939 of which short-term debt 1,625 3,640 -1,866 -583 3,139 4,470 3,242 1,947 Interest payments (INT) 5,980 7,773 6,231 5,782 6,220 5,734 5,964 6,267 Long-term debt 4,578 6,670 5,165 5,173 5,548 4,880 5,002 5,478 IMF charges 180 112 130 60 35 35 32 11 Short-term debt 1,221 991 936 548 637 820 930 778 Net transfers on debt -3,649 -4,091 -10,026 -4,358 -5,300 -2,848 -1,362 -13,205 Total debt service paid (TDS) 18,598 19,854 17,811 17,872 20,863 21,749 21,909 31,755 Long-tenn debt 16,799 18,361 16,507 16,867 19,631 20,384 20,202 30,849 IMF repurchases and charges 577 501 368 456 595 546 777 128 Short-term debt (interest only) 1.221 991 936 548 637 820 930 778 NET RESOURCE FLOWS 9,879 3,163 6,412 9,318 10,307 10,985 21,734 32,658 Net flow of long-term debt (ex, IMp) 1,037 -157 -1.714 2,305 -1,659 -1.073 2,106 -8,768 Foreign direct investment (net) 741 952 4.826 4,886 8,077 6,822 13,765 22,301 Portfolio equity flows 5 32 243 -319 258 688 2,311 1,600 Grants (excluding technical coop,) 8,097 2,336 3.058 2,446 3,631 4,547 3,553 17,526 Memo: technical coop. grants 2,516 2,313 1,548 2,111 2,098 1,803 2,171 2,861 l\'ET TRANSFERS 4,297 -4,955 -1,267 1,464 1,604 1,281 10,166 27,180 Interest on long-term debt 4,578 6,670 5.165 5,173 5,548 4,880 5,002 5,478 Profit remittances on FDI 1,004 1,448 2,515 2,680 3,155 4,824 6,566 0 Gross national income (GNI) 233.003 286,476 377,084 390,802 430,202 489,266 552,490 Exports of goods, servo & inc, (XGS) 90.217 104,443 139.909 147,956 176.715 208.848 246,811 Worker remit. & compo of employees 11,432 12.732 12,069 15,476 19,824 22,586 23,550 bnports of goods & services (MGS) 88,143 97,173 112,757 114,848 133.949 164.644 189,009 International reserves (RES) 17,195 39.882 51,587 74,163 97,676 112,307 134,791 Current account balance 6,795 S09 IS,800 1,425 3,160 371 3.588 EDT/XGS (%) 1S4,7 160.2 103.8 102,0 91.7 81.1 61.9 EDT I GNI (%) 59.9 S8.4 38.5 38.6 37.7 34.6 27,6 IDS/XGS (0/0) 20.6 19,0 12,7 12.1 11.8 10.4 8,9 INT/XGS(%) 6,6 7.4 4.5 3.9 3,5 2.7 2,4 INT/GNI(%) 2,6 2,7 1.7 L5 1.4 L2 l.l RES I EDT(%) 12.3 23.8 35.5 49.1 60.3 66,3 88,3 RES I MGS (months) 2.3 4,9 5.5 7.7 8,8 8,2 8,6 Short-term / EDT (0/0) 14.1 ILl 14,8 12.7 13.8 15.9 18,2 19.9 Concessionall EDT (0/0) 31.2 33.8 39,6 38.3 37,6 363 31.0 32.1 Multilateral I EDT (%) 11.2 13.8 16.1 16.2 16.1 15.5 15.8 16.4 14 MIDDLE EAST AND NORTH AFRICA (US$ million, unless otherwise indicated) 1990 1995 2000 2002 2003 2004 2005 2006 DEBT OUTSTANDING (LDOD) 118,031 146,602 121,199 129,539 137,871 141,191 124,308 119,334 Public and publicly guaranteed 116,613 142,803 114,670 123,085 130,903 133,993 113,334 104,398 Official creditors 71,044 105,670 88,132 89,235 94,515 94,366 75,210 68,136 Multilateral 15,606 23,112 23,352 24,398 26,136 26,301 24,159 24,497 Concessional 3,573 5,375 7,830 8.536 8,988 9,279 9,260 9.849 Bilateral 55,437 82,559 64,780 64,837 68.379 68,065 51.050 43,639 Concessional 40,005 51,213 49,690 49,264 52.006 52,260 38,046 38.168 Pri vate creditors 45.569 37.133 26,538 33,850 36.388 39,626 38,125 36,261 Bonds 1,683 2,036 7,600 16,335 17,466 20,533 20,772 18,286 Commercial banks 15,236 11,767 9,879 8,664 8,297 8,243 8,323 10,146 Private nonguaranteed 1,418 3,799 6,529 6,455 6,968 7,198 10,974 14,937 Bonds 0 50 836 801 796 1,296 3,115 4,482 Commercial banks and other 1,418 3,749 5,693 5,654 6,172 5,902 7,859 10,455 Memo: IBRD 8,300 10,671 7,667 7,502 7,827 7,434 6.757 6,012 IDA 1.774 2.105 2,685 2,916 3,196 3,415 3,344 3,543 Public sector LDOD 116,448 142,375 114,304 122,776 130,581 133,696 113,001 Private sector LDOD 1,583 4,227 6,895 6,763 7,290 7,495 11,307 DISBURSEMENTS 13,258 11,534 9,628 13,998 12,424 14,431 17,305 16,603 Public and publicly guaranteed 13,169 11,036 8,214 12,232 10,742 12,961 10,663 10,763 Official creditors 5,721 6,041 3,355 3,379 4,460 3,895 4,708 5,853 Multilateral 2,380 3,561 1,871 2,415 2,899 2,545 3,396 3,095 Concessional 242 815 525 570 644 760 854 1,087 Bilateral 3,341 2,480 1,484 964 1,561 1,349 1.312 2,758 Concessional 1,864 2,129 781 745 1,350 1,141 1,043 2,395 Private creditors 7,448 4,995 4,859 8,854 6,281 9.066 5,955 4,910 Bonds 0 888 2,031 6,070 2,675 5,754 2,645 844 Commercial banks 727 1,006 1,347 1,345 1,215 1,373 2,241 3,845 Private nonguaranteed 89 498 1,413 1,766 1,682 1,470 6,643 5,840 Bonds 0 50 115 140 160 750 2,084 378 Commercial banks and otber 89 448 1,298 1,626 1,522 720 4,559 5,462 Memo: lBRD 1,164 1,455 532 501 577 439 895 595 IDA 37 128 118 155 148 177 202 185 PRINCIPAL REPAYMENTS 12,221 11,691 11,342 11,694 14,083 15,504 15,199 25,371 Public and publicly guaranteed 12,044 11,184 10,567 9,695 12,501 14,058 13,262 22,299 Official creditors 4,257 7,393 5,863 5,590 6,345 7,343 7,534 15,241 Multilateral 1,304 2,049 2,039 2,669 3,275 3,485 3,475 3,460 Concessional 141 186 377 447 571 560 604 664 Bilateral 2,954 5,343 3,824 2,920 3,070 3,858 4,059 11,781 Concessional 1,597 710 1,478 1,883 1,842 2,326 2,472 3,365 Private creditors 7,787 3,791 4,704 4,106 6,156 6,715 5,728 7,058 Bonds 76 278 896 925 1,981 2,941 1,883 3,305 Commercial banks 1,956 790 1,455 1,492 2,305 1,649 1,727 2,051 Private nonguaranteed 177 507 775 1,998 1,581 1,445 1,938 3,072 Bonds 0 0 50 275 165 250 265 206 Commercial banks and other 177 507 725 1,723 1,416 1,195 1,673 2,866 Memo: lBRD 761 1,118 872 854 958 1,148 1,030 1,578 IDA 14 28 45 61 68 73 76 65 INTEREST PAYMENTS (LINT) 4,578 6,670 5,165 5,173 5,548 4,880 5,002 5,478 Public and publicly guaranteed 4,474 6,446 4,852 4,952 5,308 4,538 4,390 4,708 Official creditors 2,077 4,271 3,120 3,155 3,278 2,525 2,395 2,453 Multilateral 860 1,373 1,307 1,223 1,118 1,022 970 871 Concessional 56 116 188 217 233 243 248 253 Bilateral 1,217 2,898 1,813 1,932 2,160 1,503 1,425 1,582 Concessional 438 962 756 1,105 1,391 763 688 820 Private creditors 2,397 2,176 1,733 1,796 2,030 2,012 1,995 2,254 Bonds 124 88 474 1,101 1,372 1,352 1,346 1,337 Commercial banks 851 721 649 319 277 267 307 549 Private nonguaranteed 104 224 313 222 240 342 613 770 Bonds 0 0 69 83 73 87 188 193 Commercial banks and other 104 224 244 139 167 255 424 577 Memo: lBRD 598 750 603 454 392 323 309 243 IDA 12 IS 20 21 22 28 28 22 15 MIDDLE EAST AND NORTH AFRICA (US$ million, unless otherwise indicated) 1990 1995 2000 2002 2003 Buro .. .. 29.4 31.0 31.2 Japanese yen 7.3 9.8 10.8 9.7 10.4 9.5 9.0 Pound sterling 1.7 1.2 0.9 1.3 1.5 1.6 1.6 Swiss franc 1.2 1.0 1.I 1.5 1.7 1.6 1.5 U.S.dollars 44.8 42.6 50.5 51.2 45.6 45.2 44.3 Total amount rescheduled 4,565 8.947 340 290 564 258 286 Debt stock rescheduled 2,732 3,178 0 0 0 0 0 Principal rescheduled 1.038 4,934 210 121 255 134 198 Official 678 696 167 101 234 113 114 Private 359 4,237 43 20 21 21 84 Interest rescheduled 218 526 73 106 176 96 88 Official 136 131 55 76 126 86 77 Private 82 395 19 31 51 10 II Debt forgiven 10,614 357 179 I 58 116 66 Memo: interest forgiven 2,481 7 0 0 5 14 50 Debt stock reduction 0 13 120 66 8 30 9,832 of which debt 0 0 85 0 0 0 0 Total change in debt stocks -3,781 6.966 -10,521 7,482 11.059 Net flows on debt 2,330 3.683 -3,795 1,424 921 -6,939 valuation 5,331 2,151 -4,077 7,561 ALL CREDITORS Interest (%) 7.4 5.9 5.9 5.2 3.3 4.6 4.4 Maturity (years) 13.6 14.8 13.0 12.4 14.0 11.9 12.8 Grace period (years) 4.0 4.5 4.8 4.0 4.6 1.3 4.5 Grant element (%) 15.8 22.8 23.0 26.3 33.8 28.2 29.0 Official creditors Interest (%) 5.5 5.3 4.6 3.3 3.6 2.7 3.0 Maturity (years) 21.5 IS.I IS.7 17.6 17.3 18.9 19.1 Grace period (years) 6.3 5.0 5.3 4.S 4.5 5.0 5.3 Grant element (%) 32.4 28.7 34.5 39.2 37.9 45.6 45.0 Private creditors Interest (%) 8.8 7.0 7.0 6.2 3.0 5.9 5.9 Maturity (years) 7.8 9.2 8.4 9.5 10.4 7.4 6.1 Grace period 2.3 3.6 4.4 3.5 4.S -1.1 3.5 Grant element 3.4 12.6 13.4 19.1 29.3 16.9 12.1 (current prices, US$ billion) Aggregate Net Resource Flows Private Flows Official Flows 35.0 2006 2006 30.0 2005 2005 25.0 ..---' ·- - ~ 1 2004 2004 20.0 15.0 2003 2003 ..-- h 2002 2002 10.0 2001 2001 5.0 ~ ~ 2000 2000 0.0 2000 2001 2002 2003 2004 2005 2006 0.0 5.0 10.0 15.0 20.0 25.0 30.0 -15.0 -10.0 -5.0 0.0 5.0 10.0 15.0 20.0 III Private flows LJ Official flows III Private non-debt flows Private debt flows · Multilateral III Bilateral [J Grants . - -..... ~~~ .-.- ..... ~~ 16 SOUTH ASIA (US$ million, unless otherwise indicated) 1990 1995 2000 2002 2003 2005 TOTAL DEBT STOCKS (EDT) 124,396 151,693 160,011 169,013 181,842 195,543 191,479 209,766 Long-term debt (LDOD) 107,527 137,396 152,042 159,602 171,690 182,915 177,441 193,012 Public and publicly guaranteed 105,800 129,094 133.528 138,605 146,628 153,235 141,681 149,171 Pri vale nonguaranteed 1,727 8,301 18,514 20,997 25,062 29,680 35,760 43,841 Use of IMF credit 4,537 5,252 1,918 2,416 2,586 2,423 2,208 2,150 Short-term debt 12,331 9,045 6,051 6,995 7,566 10,205 11,829 14,604 of which interest arrears on LDOD 17 53 112 126 0 21 Official creditors Private creditors 7 II 17 35 14 98 37 90 0 0 ° ° 0 21 0 Memorandum items Principal arrears on LDOD 34 65 222 277 4 0 4 Official creditors 34 21 34 98 4 0 4 Private creditors 1 45 188 179 0 TOTAL DEBT FLOWS ° ° Disbursements 12,098 12,065 14,191 12,210 17,567 26,460 25,045 28,846 Long-term debt 10,223 11,863 13,997 11,742 16,917 26,046 24,789 28,747 IMF purchases 1,875 202 195 468 650 414 256 99 Principal repayments 5,259 11,599 9,784 14,454 17,900 20,517 20,460 14,395 Long-term debt 4,104 9,601 9,301 14,043 17,197 19,834 20,185 14,167 IMF repurchases 1,155 1,998 483 411 703 683 275 228 Net flows on debt 8,389 2,503 3,469 -412 365 8,582 6,188 17,225 of which short-term debt 1.550 2,037 -938 1,832 697 2,639 1,603 2,775 Interest payments (INT) 6,048 6,520 5,655 5,507 7,247 4,595 7,708 7,137 Long -term debt 4,596 5,663 5,273 5,233 7,102 4,300 7,221 6,575 IMF charges 249 233 58 48 31 30 26 17 Short-term debt 1,202 624 323 225 114 265 462 545 Net transfers on debt 2,341 -4,017 -2,186 -5,919 -6,883 3,987 -1,520 10,089 Total debt service paid (TDS) 11,306 18,119 15,439 19,961 25,147 25,112 28,169 21,532 Long-term debt 8,700 15.264 14,574 19,276 24,299 24,134 27,406 20,742 IMF repurchases and charges 1,404 2,231 541 459 734 713 301 246 Short-term debt (interest only) 1,202 624 323 225 114 265 462 545 :\'ET RESOURCE FLOWS 8,991 9,126 13,539 7,984 17,330 25,832 31,689 58,788 Net flow of long-term debt (ex. IMF) 6,119 2.262 4,695 -2,301 -280 6.211 4,604 14,580 Foreign direct investment (net) 542 2,931 4,358 6,705 5,645 7,289 9,869 12,304 Portfolio equity flows 1 1,585 2,381 1,047 8,049 8,788 12,204 10,000 Grants (excluding technical coop.) 2,330 2,348 2,104 2,533 3,917 3,544 5,012 21,904 Memo: technical coop. grants 1,494 1.522 1,038 1,211 1,501 1,472 1,620 1,753 NET TRANSFERS 4,303 3,071 3,377 -3,097 2,996 19,616 21,740 49,013 Interest on long-term debt 4,596 5,663 5,273 5,233 7,102 4,300 7,221 6.575 Profit remittances on FDI 93 392 4,889 5,847 7,232 1,917 2,728 3,200 Gross national income (GNI) 397,223 469,282 597,263 646,147 757,948 871.829 1,003,684 Exports of goods, servo & inc. (XGS) 41,032 70,858 105,544 124,949 149.231 180,221 227,101 Worker remit. & compo of employees 5.572 10,005 17,212 24,155 31.094 31,319 35,558 Imports of goods & services (MGS) 53,127 86,102 116,155 117,364 142,356 156.184 172,101 International reserves (RES) 8,258 30,704 47,221 85,389 122,324 149,907 156,714 Current account balance -9,673 -10,880 -6,218 11,596 10,636 -1,777 -4,419 EDT /XGS (%) 303.2 214.1 151.6 135.3 121.9 108.5 84.3 EDT I GNI (%) 31.3 32.3 26.8 26.2 24.0 22.4 19.1 TDSI XGS (%) 27,6 25.6 14.6 16.0 16.9 13.9 12.4 !NT I XGS (%) 14.7 9.2 5.4 4.4 4.9 2.5 3.4 !NT IGNI (%) 1.5 1.4 0.9 0.9 1.0 0.5 0.8 RES I EDT t%) 6.6 20.2 29.5 50.5 67.3 76.7 81.8 RES I MGS (months) 1.9 4.3 4.9 8.7 10.3 11.5 10.9 Short-term I EDT (%) 9.9 6.0 3.8 4.1 4.2 5.2 6.2 7.0 Concessionall EDT (%) 54.5 54.8 50.2 52.1 52.7 50.8 49.3 46.4 Multilateral I EDT (%) 30.6 37.5 38.1 37.3 36.8 36.1 36.5 34.7 17 SOUTH ASIA (US$ million, unless otherwise indicated) 1990 1995 2000 DEBT OUTSTAJI.'DING (LDOD) 107,527 137,396 152,042 159,602 171,690 182,915 177,441 193,012 Public and publicly guaranteed 105,800 129,094 133,528 138,605 146,628 153,235 141,681 149,171 Official creditors 81,496 103,670 100,762 103,844 110,891 113,735 109,881 113.442 Multilateral 38,068 56,875 61.023 63.109 66,856 70,615 69,978 72,764 Concessional 26,757 39,246 44,397 49,942 54,768 58,501 56,780 58,615 Bilateral 43,427 46,796 39,739 40,735 44,035 43,120 39,903 40,679 Concessional 41,070 43,887 35,914 38,165 41,062 40,809 37,703 38,774 Pri vate creditors 24,304 25,424 32,766 34,761 35,737 39,500 31,800 35,729 Bonds 2,613 3,421 10,903 10,497 8,045 9,320 2,394 4,245 Commercial banks 16,811 14.124 19,579 22,577 26,241 28,994 28,387 30,382 Private nonguaranteed 1,727 8.301 18,514 20,997 25,062 29.680 35,760 43,841 Bonds 0 I ~O65 1,560 1,289 1,136 3;820 7,318 7,447 Commercial banks and other 1,727 7,236 16,954 19,708 23,925 25.861 28,442 36,394 Memo: mRO 9,646 13,035 10,210 7,848 6,943 7,326 7,795 8,135 IDA 21,071 29,001 31,963 36,501 40,257 43,159 42,534 44,675 Public sector LOOO 105,033 128,421 132,764 138,002 146,207 152,849 141,502 Private sector LOOO 2,494 8,975 19,277 21,600 25,483 30,067 35.939 DISBURSEMENTS 10,223 11,863 13,997 11,742 16,917 26,046 24,789 28,747 Public and publicly guaranteed 9,970 9,929 13,410 8,815 11,508 16,596 11,887 13,169 Official creditors 6,904 6,378 6,129 5,908 6,558 6,978 7,439 6.900 Multilateral 4,402 3,975 4,347 4,429 4,605 4,918 5,556 4,571 Concessional 2,327 2,280 2,390 2,895 2,493 3,118 3.354 2,783 Bilateral 2,501 2,403 1.782 1.479 1,953 2.060 1,883 2,329 Concessional 1,939 2,093 1.327 1,259 1,802 1.919 1,774 2,154 Ptivate creditors 3,066 3,551 7,281 2,907 4,949 9,618 4,448 6,269 Bonds 427 86 5.512 0 1,348 4,210 1,444 1,890 Commercial banks 2,072 1,901 940 2,779 3,456 5,320 2,950 3,984 Private nonguaranteed 252 1,934 586 2,927 5,409 9,449 12,902 15,578 Bonds 0 520 0 100 210 2,920 4,825 1,387 Commercial banks and other 252 1,414 586 2,827 5,199 6,530 8,078 14,192 Memo: mRO 1,576 860 866 681 920 819 1,155 1,062 IDA 1.558 1.374 1,655 2,248 1,874 2,577 2,527 2,074 PRINCIPAL REPAYMENTS 4,104 9,601 9,301 14,043 17,197 19,834 20,185 14,167 Public and publicly guaranteed 3,745 9,103 8,594 11,271 14,336 15,364 14,350 6,669 Official creditors 2,378 5,764 5,353 8,407 8,166 5,697 4,053 4,304 Multilateral 1,009 2,227 2,827 6,427 5,210 3,134 2,264 1,948 Concessional 239 470 800 957 1,110 1,268 1,315 1,193 Bilateral 1,369 3,537 2,526 1,979 2,956 2,563 1,790 2,357 Concessional 1,225 3,017 1,919 1,572 2,534 1,894 1,443 1,865 Pri vate creditors 1,367 3,339 3,241 2,865 6,169 9,667 10,297 2,365 Bonds 280 319 50 320 4,299 2,950 8,234 39 Commercial banks 371 1,992 2,843 2,298 1,718 6,359 ],883 2,010 Private nonguaranteed 359 498 707 2,772 2,862 4,471 5,835 7,498 Bonds 0 0 35 490 358 85 903 1,258 Commercial banks and other 359 498 672 2,282 2,504 4,386 4,932 6,240 Memo: mRO 553 1,173 1,232 3,283 2,148 515 535 502 IDA 151 318 548 691 803 895 960 843 INTEREST PAYMENTS (LINT) 4,596 5,663 5,273 5,233 7,102 4,300 7,221 6,575 Public and publicly guaranteed 4,448 5,000 4,392 4,050 5,612 3,187 5,692 4,416 Official creditors 2.179 2,933 2,264 2,125 1,843 1,733 1.734 1,950 Multilateral 1,065 1,640 1,366 1,227 942 810 942 859 Concessional 198 318 361 387 418 483 492 387 Bilateral 1,114 1,293 898 898 902 922 793 1,091 Concessional 952 1,113 686 748 802 786 701 945 Private creditors 2,269 2,067 2,127 1,925 3,769 1,455 3,957 2,466 Bonds 180 194 210 396 1,430 255 2,690 177 Commercial banks 1,806 1,315 1,809 1,479 2,310 1,175 1,251 2,244 Private nonguaranteed 148 663 881 1,183 1,490 1,112 1,529 2,159 Bonds 0 58 227 127 65 102 177 679 Commercial banks and other 148 604 655 1.056 1,424 1,010 1,352 1,480 Memo: mRO 752 995 614 468 284 186 288 323 IDA 149 215 236 254 282 333 340 271 18 SOUTH ASIA (US$ million, unless otherwise indicated) 1990 1995 2000 2002 2003 2004 2005 '6. C~Cyro~1T10N·~.LONS~1'EJWOOB1'·(P.Im~·· Euro 6.5 6.3 6.0 Japanese yen 12.5 16.8 14.8 15.1 16.4 15.7 15.8 Pound sterling 5.0 3.6 2.8 2.5 2.1 1.9 1.8 Swiss franc 0.5 0.7 0.3 0.3 0.2 0.2 0.2 U.S.dollars 54.1 46.2 57.1 60.1 61.7 62.4 62.4 Total amount rescheduled o o 918 157 10 0 227 Debt stock rescheduled o o 29 o o 0 0 Principal rescheduled o o 653 o 1 0 210 Official o o 575 o 1 0 210 Private o o 78 o o 0 0 Interest rescheduled o o 236 146 7 0 5 Official o o 200 145 7 0 4 Private o o 37 o o 0 0 Debt forgiven o 7 9 o 115 146 2 Memo: interest forgiven o o o o 13 16 0 Debt stock reduction o o o 300 702 482 0 of which debt buyback ·.·. ·. · ··.··· .......T:~B:....O}\t:utpNc:,n;I.4.,Iq:!'I\·· Total change in debt stocks 13,104 -4,311 -1,970 11,677 12,829 13,701 -4,064 Net flows on debt 8,389 2,503 3,469 -412 365 8,582 6,188 17,225 Cross-currency valuation 1,586 -8,068 -8,300 7,791 9,625 2,756 -8,256 "'f~ ~~~~"*:R)lSor:~'W CO~"~" ALL CREDITORS Interest (%) 4.7 4.0 4.6 2.2 1.8 2.2 2.7 Maturity (years) 24.2 22.8 13.0 24.9 24.1 24.1 22.8 Grace period (years) 7.8 7.1 5.4 7.2 7.0 6.9 6.8 Grant element (%) 40.2 42.4 27.8 56.3 58.0 55.3 50.4 Official creditors Interest (%) 3.7 3.7 5.0 2.1 1.5 1.8 2.4 Maturity (years) 28.9 25.8 23.4 26.5 27.0 28.7 26.9 Grace period (years) 8.1 7.6 6.3 7.4 7.5 7.4 7.5 Grant element (%) 51.0 47.1 36.5 58.8 63.5 63.1 57.8 Private creditors Interest (%) 6.8 5.8 4.3 2.8 3.2 3.7 4.1 Maturity (years) 14.8 6.0 5.4 6.8 6.5 7.1 4.2 Grace period (years) 7.1 3.9 4.6 4.1 4.6 4.8 3.9 Grant element (%) 18.8 15.7 21.5 28.3 25.7 26.4 17.2 It·.~G~~ii~Q.S-A"*·NEt~(m.rt~lt§···.··· (current prices, US$ billion) .-iii? ----------------- Aggregate Net Resource Flows Private Flows Official Flows 70.0 --c- n - - - - - - - - - - 2006 2006 60.0 2005 2005 50.0 2004 2004 40.0 i 2003 2003 30.0 2002 2002 20.0 2001 2001 10.0 2000 2000 0.0 2000 2001 2002 2003 2004 2005 -5.0 0.0 5.0 10.0 15.0 20.0 25.0 -5.0 0.0 5.0 10.0 15.0 20.0 25.0 III Private flows [I Official flows III Private non-debt flows CJ Private debt flows t ___ III Multilateral III Bilateral [JGrants 19 SUB-SAHARAN AFRICA (US$ million, unless otherwise indicated) 2000 TOTAL DEBT STOCKS (EDT) 176,568 235,283 211,213 211,670 230,707 237,768 214,841 172,773 Long-term debt (LDOD) 149,398 186,032 172,670 176,833 193,814 197,616 176,743 134,332 Public and publicly guaranteed 144,122 174,229 16L294 164,347 178,658 183,150 163,773 115,711 Private nonguaranteed 5,276 11,804 1l,376 12,486 15,156 14,466 12,970 18,622 Use of IMF credit 6,612 8,673 6,739 7,009 7,244 7,238 5,947 3,298 Short-term debt 20,558 40,578 31,803 27,829 29,649 32,914 32,150 35,143 of which interest arrears on LOOD 9,335 20,465 12,960 12,836 15,607 17,320 13.401 Official creditors 6,418 15,989 10,041 9,636 12,279 13,527 9,532 Private creditors 2,916 4,476 2,919 3,200 3,328 3,793 3,870 Memorandum items Principal arrears on LOOD 17.778 41,224 25,840 24,639 27,322 27,439 24,686 Official creditors 9,895 28,742 19,328 17,630 19,952 19,786 17,390 Pri vale creditors 7,883 12.482 6,513 7,010 7,370 7,653 7,295 TOTAL DEBT FLOWS Disbursements 10,333 14,028 10,090 11,492 13,062 12,383 14,579 22,399 Long-term debt 9,673 11,034 9,566 10,268 12,663 11.721 14,256 22,112 IMF purchases 660 2,994 525 1,224 399 662 323 287 Principal repayments 5,578 9,425 9,031 9,561 9,090 9,121 12,815 16,885 Long-term debt 4,628 7,052 8,569 8,802 8,641 8,330 12,068 16,684 IMF repurchases 951 2,372 462 759 449 791 747 202 Net flows on debt 7,033 7,569 -52 135 3,022 4,815 4,919 8,791 of which short-term debt 2,278 2,965 -I,ll! -1,795 -951 1,553 3,154 3,276 Interest payments (lNT) 5,302 5,354 4,482 3,456 3,630 3,662 8,267 6,636 Long-term debt 4,358 3,976 3,328 2,830 3,169 3,175 7.578 5,872 IMFcharges 238 559 43 143 28 30 27 32 Short-term debt 705 819 1,111 483 433 458 663 732 Net transfers on debt 1,732 2,215 -4,534 -3,320 -609 1,153 -3,348 1,835 Total debt service paid (TDS) 10,880 14,779 13,513 13,017 12,721 12,783 21,082 23,522 Long-term debt 8,986 11,028 11.897 11,632 11,810 11,505 19,645 22,555 IMF repurchases and charges 1,189 2,931 505 902 478 821 774 234 Short-term debt (interest only) 705 819 1,111 483 433 458 663 732 NET RESOURCE FLOWS 18,580 22,771 21,952 25,376 41,375 46,626 56,841 64,663 Net flow of long-tenn debt (ex. IMF) 5,046 3,982 997 1.466 4,023 3,391 2,189 5,428 Foreign direct investment (net) 1,210 4,520 6,797 10,309 14,562 12,352 16,559 16,883 Portfolio equity flows 393 2,954 4,157 -364 737 6,669 7,379 12,500 Orants (excluding technical coop.) 11,931 11,316 lO,OOI 13,965 22,053 24,215 30,715 29,852 Memo: technical coop. grants 5,003 4,948 3,583 4,403 5,100 5,390 5,766 7,049 NET TRANSFERS 11,361 14,885 10,741 13,422 25,641 29,909 28,874 35,491 Interest on long-term debt 4,358 3,976 3,328 2,830 3,169 3,175 7,578 5,872 Profit remittances on FDI 2,861 3,910 7,882 9,125 12.565 13,543 20,389 23,300 Gross national income (ONI) 283.492 303,053 318,343 326,953 405,337 492,831 580,897 Exports of goods, servo & inc. (XOS) 79.984 92,957 118,382 119,395 150,371 190,797 241,487 Worker remit. & compo of employees 1,767 3,177 4,613 4,986 5,816 7,630 8,712 Imports of goods & services (MOS) 86.355 109,997 119,099 128,279 160,674 193,677 240,053 International reserves (RES) 15,363 20.652 36,679 37,728 41,395 63,213 84,396 Current account balance -957 -10,120 4,024 -1,714 -1,779 6,969 14,180 ~bm~ttAt(). EDT/XOS (%) 220.8 253.1 178.4 177.3 153.4 124,6 89.0 EDT IONI(%) 62.3 77.6 66.3 64.7 56.9 48.2 37.0 TDS I XOS (%) 13.6 15.9 11.4 10.9 8.5 6.7 8.7 INT I XOS (%) 6.6 5.8 3.8 2.9 2.4 1.9 3.4 !NT I ONI (%) 1.9 1.8 1.4 l.l 0.9 0.7 1.4 RES I EDT (%) 8.7 8.8 17.4 17.8 17.9 26.6 39.3 RES I MOS (months) 2.1 2.3 3.7 3.5 3.1 3.9 4.2 Short-term I EDT (% ) 11.6 17.2 15.\ \3.1 12.9 13.8 15.0 20.3 Concessional! EDT (% ) 33.1 34.4 39.1 42,8 49.3 50.! 49.3 39.6 Multilateral! EDT (%) 21.6 23.2 25.9 28.9 30.0 31.9 34.1 25.3 20 SUB·SAHARAN AFRICA (US$ million, unless otherwise indicated) 1990 1995 2000 2002 DEBT OUTSTANDING (LDOD) 149,398 186,032 172,670 176,833 193,814 197,616 176,743 134,332 Public and publicly guaranteed 144,122 174,229 161,294 164,347 178,658 183,150 163,773 115,711 Official creditors 108,599 137,780 135,331 138,654 153,071 155,845 133,661 86,282 Multilateral 38,152 54,571 54,710 61,225 69,255 75,960 73,317 43,777 Concessional 24,010 38,943 45,442 53,017 60,509 67,242 65,937 36,943 Bilateral 70,448 83,210 80,621 77,429 83,816 79,884 60,344 42,505 Concessional 34,396 41,911 37,108 37,609 53,318 51,950 39,959 31,441 Private creditors 35,522 36,448 25,963 25,694 25,587 27,305 30,113 29,429 Bonds 301 4,784 9,150 10,693 10,974 11,146 10,918 8,796 Commercial banks 13,846 12,551 8,404 7,081 7,366 10,108 13,470 15,041 Private nonguaranteed 5,276 11,804 11,376 12,486 15,156 14,466 12,970 18,622 Bonds 0 350 1,360 3,823 8,180 8,766 8,960 10,326 Commercial banks and other 5,276 11,454 10,016 8,662 6,976 5,699 4,010 8,296 Memo: IBRD 9,160 7,626 3,473 2,721 2,674 2,476 2,015 1,845 IDA 15,756 27,895 33,621 39,368 45.198 49,726 48,492 23,664 Public sector LOOD 143,951 174,119 160,386 163,811 178,467 183,362 164,165 Private sector LDOD 5,447 11,914 12,284 13,022 15,347 14,254 12,578 DISBURSE~IENTS 9,673 11,034 9,566 10,268 12,663 11,721 14,256 22,112 Public and publicly guaranteed 9,043 10,286 7,447 8,693 8,443 10,358 12,251 11,157 Official creditors 7,145 5,895 4,129 4,737 4,660 6,003 5,915 6,025 Multilateral 4,542 4,207 3,357 4,021 4,010 4,891 4,896 4,205 Concessional 2,760 3,185 3,000 3,774 3,537 4,462 4,544 3,886 Bilateral 2,603 1,689 772 716 651 1,112 1,019 1,820 Concessional 2,057 1,552 630 604 396 566 902 1,553 Private creditors 1,898 4,390 3,318 3,956 3,782 4,355 6,336 5,131 Bonds 0 541 765 2,472 1,414 1,000 0 1,694 Commercial banks 378 1,623 1,752 1,365 2,024 3,029 5,990 3,127 Private nonguaranteed 630 748 2,119 1,574 4,221 1,363 2,005 10,955 Bonds 0 350 712 1,554 4,174 764 1,679 2,573 Commercial banks and other 630 398 1,407 21 47 599 327 8,382 Memo: IBRD 808 274 75 55 71 33 14 36 IDA 2,027 2,392 2,193 2,860 2,744 3,036 2,943 2,486 PRINCIPAL REPAYMENTS 4,628 7,052 8,569 8,802 8,641 8,330 12,068 16,684 Public and publicly guaranteed 4,162 5,807 7,167 5,887 6,583 6,390 8,864 12,031 Official creditors 2,545 2,977 3,448 2,615 3,161 3,942 6,178 7,948 Multilateral 1,346 2,015 1,629 1,453 1,270 1,445 1,320 1,711 Concessional 269 434 541 545 471 577 562 875 Bilateral 1,199 962 1,819 1,162 1,891 2,498 4,858 6,237 Concessional 309 430 822 654 931 1,120 2,579 3,604 Private creditors 1,617 2,830 3,719 3,272 3A22 2,448 2,686 4,083 Bonds 31 40 480 941 778 370 1 1,742 Commercial banks 999 1,261 2,443 1,478 1,574 1,469 2,163 1,674 Private nonguaranteed 466 1,245 1,402 2,915 2,058 1,940 3,204 4,652 Bonds 0 0 0 350 250 145 1.273 1,207 Commercial banks and other 466 1,245 1,402 2,565 1,808 1,795 1,931 3,445 Memo: IBRD 719 1,055 550 459 391 339 286 298 IDA 51 120 226 304 223 250 249 427 INTEREST PAYMENTS (LINT) 4,358 3,976 3,328 2,830 3,169 3,175 7,578 5,872 Public and publicly guaranteed 4,027 3,471 2,922 2,297 2,521 2,554 6,850 4,866 Official creditors 2,705 2,008 1,833 1,424 1,512 1,634 5,902 3,587 Multilateral 1,110 1,234 842 885 764 844 760 702 Concessional 162 254 312 420 365 475 487 404 Bilateral 1,595 774 991 539 748 790 5,142 2,885 Concessional 558 358 300 257 345 397 3,179 748 Private creditors 1,322 1,463 1,089 872 1,009 920 948 1,279 Bonds 13 322 561 500 589 584 517 490 Commercial banks 615 457 302 186 196 153 264 598 Private nonguaranteed 331 505 406 533 649 621 728 1,006 Bonds 0 0 41 160 338 354 459 546 Commercial banks and other 331 505 365 373 311 267 268 460 Memo: IBRD 649 629 213 200 113 77 54 39 IDA 97 178 199 285 238 317 314 225 21 SUB-SAHARAN AFRICA (US$ million, unless otherwise indicated) 1990 1995 2000 2002 2003 Euro .. .. 23.1 22.4 18.2 Japanese yen 4.1 5.6 4.1 4.1 6.0 4.9 3.6 Pound sterling 5.5 3.9 2.1 2.0 4.8 5.0 4.3 Swiss franc 2.3 2.1 1.5 1.6 2.1 2.0 1.9 U.S.dollars 36.7 41.0 61.6 61.8 49.1 50.5 55.5 Total amount rescheduled 5,987 3,285 22,646 5,977 946 3,637 1,136 Debt stock rescheduled 91 142 73 342 302 150 23 Principal rescheduled 3,961 1,772 13,117 2,729 321 2,218 762 Official 2,693 1,282 11.087 2,568 292 2.137 758 Private 1,268 490 2,030 162 29 81 4 Interest rescheduled 1,722 727 9,033 1,614 169 968 267 Official 1,376 625 8,480 1,561 164 929 265 Private 345 102 553 53 4 39 2 Debt forgiven 1,602 1,302 629 3,734 1.472 4,153 8,961 Memo: interest forgiven 87 214 297 1,921 391 744 156 Debt stock reduction 1.262 367 479 970 1,108 2,443 1.505 of which debt () 29 137 452 0 0 0 Total change in debt stocks 19,745 14,354 -3,096 8,512 19,036 7,061 -22,927 Net flows on debt 7,033 7,569 -52 135 3,022 4,815 4.919 8,791 valuation 7,672 848 -6,673 8,602 10,452 6,347 -12,859 ALL CREDITORS Interest (%) 4.3 3.7 3.1 3.9 2.5 2.0 3.3 Maturity (years) 25.4 22.4 24.4 23.4 22.8 22.0 20.8 Grace period (years) 6.9 5,4 6.2 6.8 6.6 5.1 5.0 Grant element (%) 43.3 42.9 48.5 42.8 48.1 48.9 42.0 Official creditors Interest (% ) 3.5 1.8 l.l 2.8 1.2 1.4 1.3 Maturity (years) 28.4 31.7 36.6 31.0 36.2 29.5 35.0 Grace period (years) 7.7 8.7 9.2 7.9 8.8 6.2 7.8 Grant element (%) 50.9 65.8 73.9 56.7 72.1 63.2 70,4 Private creditors Interest (0/0) 8.1 5.7 5.8 6.0 4.0 3.2 5.6 Maturity (years) 11.6 12.4 7.8 8.3 7.7 7.0 5.7 Grace period (years) 2.7 1.9 2.1 4.5 4.1 2.9 2.0 Grant element 7.8 18.4 13.8 15,4 20.9 20.0 11.8 (current prices, US$ billion) - - -.. -~ ----~ ... .... _ - _ . Aggregate Net Resource Flows Private Flows Official Flows 70.0 ;"-'---, 2006 2006 60.0 + 2005 2005 , 50.0 I 2004 2004 140.0 ' ~::==--~ I I 2003 R 2003 ·'1 .~=-. · ____ . , ~ " d 2002 2002 20.0 I T ~-] i 2001 2001 10.0 I ,-""=::::1 2000 2000 ..~ 0.0 , 2000 2001 2002 2003 2004 2005 2006 ,5.0 0.0 5.0 10.0 15.0 20.0 25.0 30.0 '10.0 0.0 10.0 20.0 30.0 40.0 III Priva1e flows c1 Official flows III Private non,debt flows U Private debt flows III Multilateral III Bilateral [J Grants -~ .......- - - 22 LOW·INCOME COUNTRIES (US$ million, unless otherwise indicated) 1995 2000 TOTAL DEBT STOCKS (EDT) 309,885 366,348 346,701 358,826 388,565 408,467 379,239 352,088 Long-term debt (LDOD) 266,712 313,674 311,418 323,226 349,552 363,826 338,595 310,371 Public and publicly guaranteed 259,250 298,375 286,664 296,678 319,850 329,805 298,209 261,212 Private nonguaranteed 7,462 15,299 24,754 26,548 29,701 34,021 40,385 49,159 Use of IMF credit 10,671 13,113 9,419 10,118 10,391 10,114 8,322 5,771 Short·term debt 32,502 39,560 25,865 25,482 28,622 34,527 32,323 35,946 of which interest arrears on LDOD 10,678 21.893 11,918 11,874 14,387 16,529 12,580 Official creditors 7,350 17,854 9,820 9,483 11,813 13,738 9,829 Private creditors 3,328 4,038 2,098 2,391 2,574 2,791 2,751 Memorandum items Principal arrears on LDOD 19,964 48,900 25,482 24,037 26,289 27,769 25,097 Official creditors 11,719 38,398 21,711 20,096 22,075 23,257 20.805 Private creditors 8,245 10,502 3,772 3,941 4,213 4,512 4,292 TOTAL DEBT FLOWS Disbursements 20,827 22,885 21,181 19,384 24,907 34,905 33,756 37,849 Long-term debt 18,307 19,325 20,460 17,758 23,901 33,857 33,293 37,462 IMF purchases 2,520 3,560 721 1,626 1,006 1,048 463 387 Principal repayments 10,181 18,840 15,401 20,015 23,651 26,035 28,673 24,850 Long-term debt 8,169 14,509 14,351 18,719 22,353 24,458 27,506 24,486 1MF repurchases 2,012 4,332 1,050 1,296 1,298 1,577 1,168 363 Net flows on debt 13,908 7,236 4,297 513 1,883 12,632 6,828 16,537 of which short-tenn debt 3,263 3.192 -1,483 1,143 627 3,762 1,746 3,572 Interest payments (INT) 10,745 10,097 8,761 7,770 9,388 6,851 14,505 9,961 Long-term debt 8,515 8,418 7,801 7,139 9,039 6,326 13,722 9,032 IMF charges 439 756 122 195 62 59 45 41 Short-term debt 1,790 922 838 436 288 466 738 888 Net transfers on debt 3,163 -2,861 -4,464 -7,257 -7,505 5,781 -7,677 6,288 Total debt service paid (TDS) 20,926 28,937 24,162 27,785 33,039 32,886 43,179 34,811 Long-term debt 16,684 22,927 22,152 25,858 31,392 30,785 41,228 33,518 IMP repurchases and charges 2,451 5,088 1.172 1,491 1,360 1,635 1,213 404 Short-term debt (interest only) 1,790 922 838 436 288 466 738 888 NET RESOURCE FLOWS 26,002 28,613 31,091 30,720 49,794 62,827 72,640 Net flow oflong-term debt (ex.IMF) 10,138 4,816 6,109 -961 1,548 9,399 5,787 Foreign direct investment (net) 2,343 7,878 10,147 14,474 15,038 17,329 20,522 Portfolio equity flows 7 1,597 2,378 1,120 8.226 8,877 12,471 Grants (excluding technical coop.) 13,530 14,322 12,457 16,086 24,983 27,223 33,860 Memo: technical coop. grants 6,274 6,523 4,873 5,923 6,843 7,343 7,935 NET TRANSFERS 16,048 17,194 14,322 12,505 26,110 47,010 44,406 Interest on long-term debt 8,515 8,418 7,801 7,139 9,039 6,326 13,722 Profit remittances on FDI 1,438 3,001 8.968 11,076 14,645 9,491 14,513 Gross national income (GNI) 579,036 645,952 815.150 892,866 1.025,422 1,179,993 1,372,201 Exports of goods, servo & inc. (XGS) 87,697 126,253 188,252 214,506 260,294 323,186 408,664 Worker remit. & compo of employees 7,664 12,776 21,792 32,058 39,651 42,301 48,188 Imports of goods & services (MGS) 110,048 159,875 200,896 217,610 265,299 297,032 344,109 International reserves (RES) 17,079 41,563 73,458 116,101 157,963 200,534 220,973 Current account balance -11,481 -17,246 -1,109 8,963 8,387 9,788 14,455 EDT/XGS(%) 353.4 290.2 184.2 167.3 149.3 126.4 92.8 EDT I GNI (%) 53.5 56.7 42.5 40.2 37.9 34.6 27.6 TDS/XGS (0/0) 23.9 22.9 12.8 13.0 12.7 10.2 10.6 !NT I XGS (%) 12.3 8.0 4.7 3.6 3.6 2.1 3.5 INT IGNI (%) 1.9 1.6 I.l 0.9 0.9 0.6 1.1 RES I EDT (%) 5.5 11.3 21.2 32.4 40.7 49.1 58.3 RES I MGS (months) 1.9 3.1 4.4 6,4 7.1 8.1 7.7 Short-term! EDT (%) 10.5 10.8 7.5 7.1 7.4 8.5 8.5 10.2 Concessional! EDT (%) 47,6 49.8 49.5 53.2 57.4 56.7 56.7 51.6 Multilateral! EDT (%) 24,2 29.9 33.9 35.6 36.3 37,2 39.3 35.3 23 LOW-INCOME COUNTRIES (U5$ million, unless otherwise indicated) 1990 1995 2000 2002 2003 2004 2005 2006 DEBT OUTSTANDING (LDOD) 266,712 313,674 311,418 323,226 349,552 363,826 338,595 310,371 Public and publicly guaranteed 259,250 298,375 286,664 296,678 319,850 329,805 298,209 261,212 Official creditors 205,552 252,641 239,195 249,071 270,938 277,166 253,377 213,936 Multilateral 75,001 109,586 117,628 127,881 141,084 151,925 149,182 124,150 Concessional 51,557 78,437 92,657 107.156 120,997 131,835 129,218 103,678 Bilateral 130,551 143,054 121,567 121,190 129,853 125,242 104,195 89,786 Concessional 95,820 103,839 78,928 83,777 102,141 99,855 85,732 77,982 Pri vale creditors 53,698 45,735 47,469 47.607 48,913 52,639 44,832 47,276 Bonds 2,952 5,600 15.798 14.781 12,326 13,588 7,385 7,768 Commercial banks 29,986 21,259 24,306 26,198 29,967 32,908 31,970 34,276 Private nonguaranteed 7,462 15,299 24,754 26,548 29,701 34,021 40,385 49,159 Bonds 0 1,065 1,810 1.539 1,136 3,720 7,218 7,347 Commercial banks and other 7,462 14,234 22,944 25,009 28,565 30,301 33,167 41,811 Memo: lBRD 17,718 19,914 13,613 10,748 9,842 10,072 10,106 10,327 IDA 37,400 57,336 67,308 78,409 88,775 96,843 95,180 73,857 Public sector LDOD 258,430 297,591 285,947 296,271 319,552 329,664 298,339 Private sector LDOD 8,282 16,083 25,470 26,954 29,999 34,162 40.256 DISBURSEMENTS 18,307 19,325 20,460 17,758 23,901 33,857 33,293 37,462 Public and publicly guaranteed 17,191 16,980 19,886 14,571 18,001 24,044 19,698 19,895 Official creditors 13,123 12,473 11,730 11,312 12,322 13,846 14,080 13,180 Multilateral 8,733 8,541 8,325 8,939 9,356 10,508 11,169 9,294 Concessional 5,089 5,758 5,941 7,211 6,869 8,349 8,690 7,234 Bilateral 4,390 3,933 3,405 2,374 2,966 3,337 2,910 3,885 Concessional 3,653 3,386 2,725 2,070 2,558 2,942 2,600 3,725 Private creditors 4,069 4,506 8,156 3,258 5,679 10,199 5,619 6,715 Bonds 427 86 5,512 1,348 4,210 2,194 1,890 Commercial banks Private nonguaranteed 2,207 1,116 2,431 2,345 1,170 574 ° 2,947 3,188 3,619 5,900 5,509 9,813 3,1l1 13,594 4,365 17,567 Bonds 0 520 100 210 2,820 4,825 1,387 Commercial banks and other Memo: 1,116 1,825 ° 574 3,088 5,690 6,993 8,770 16.180 lBRD 2,351 1.296 990 722 966 857 1,200 1,108 IDA 3,577 3,858 4,094 5,379 5,156 6,1l2 5,905 4,914 PRINCIPAL REPAYMENTS 8,169 14,509 14,351 18,719 22,353 24,458 27,506 24,486 Public and publicly guaranteed 7,288 13,464 13,034 15,451 18,786 19,328 21,083 16,338 Official creditors 4,724 8,823 8,387 10,815 11,376 8,892 10,051 11,778 Multilateral 2,224 4,105 4,317 7,771 6,345 4,440 3,476 3,501 Coneessional 539 968 1,340 1,480 1,568 1,862 1,894 2,091 Bilateral 2,499 4,718 4,070 3,044 5,031 4,451 6,575 8,277 Coneessional 1,531 3,506 2,511 2,202 3,665 2,628 4,081 5,485 Private creditors 2,565 4,641 4,648 4,636 7,411 10,437 1 ),032 4,560 Bonds 311 381 46 772 4,299 2,963 8,260 1,506 Commercial banks 1,163 2,309 3,589 3,072 2,155 6,529 1,985 2,134 Private nonguaranteed 880 1,045 1,317 3,268 3,567 5,130 6,423 8,149 Bonds 0 0 35 490 608 85 903 1,258 Commercial banks and other 880 1,045 1,282 2,778 2,959 5,045 5,520 6,891 Memo: lBRD 1,177 2,077 1,712 3,683 2.489 823 808 719 IDA 203 452 771 974 1,006 \,170 1,213 1,287 INTEREST PAYMENTS (LINT) 8,515 8,418 7,801 7,139 9,039 6,326 13,722 9,032 Public and publicly guaranteed 7,992 7,496 6,646 5,744 7,426 5,059 12,007 6,622 Official creditors 4,579 4,695 3,859 3,492 3,329 3,358 7,697 3,850 Multilateral 2,030 2,786 2,143 2,104 1,689 1,628 1,724 1,571 Concessional 369 598 689 828 826 1,032 1,043 837 Bilateral 2,549 1,909 1,716 1.388 1,640 1,730 5,973 2,279 Concessional 1,430 1,368 952 1,085 1,229 1,243 3,934 1,745 Private creditors 3,413 2,801 2,786 2,252 4,097 1,701 4,310 2,772 Bonds 196 330 508 544 1,540 365 2,877 320 Commercial banks 2,347 1,419 2,001 1.547 2,363 1,197 1,293 2,290 Private nonguaranteed 524 922 1,155 1,395 1,613 1,267 1,715 2,410 Bonds 58 240 141 65 95 170 672 Commercial banks and other Memo: ° 524 863 915 1,254 1,548 1,172 1,545 1,738 lBRD 1,312 1,546 814 664 401 267 351 374 IDA 250 404 442 547 533 693 690 526 24 LOW-INCOME COUNTRIES (US$ million, unless otherwise indicated) Euro .. .. 12.6 12.2 10.0 Japanese yen 8.2 11.5 10.8 ILl 12.8 12.0 11.5 Pound sterling 4.8 3.5 2.3 2.1 3.4 3.4 2.9 Swiss franc 1.6 1.4 0.9 0.9 1.2 1.1 1.0 U.S.dollars 40.4 39.0 58.6 59.9 54.6 55.3 57.5 Total amount rescheduled 5.117 1,834 22,884 6,185 724 813 1,184 Debt stock rescheduled 38 142 102 342 168 150 495 Principal rescheduled 3,307 1,048 13,446 2,720 308 378 516 Official 2,641 936 11,349 2,558 280 373 451 Private 666 112 2,098 162 27 5 66 Interest rescheduled 1,213 517 8,959 1,755 166 147 113 Official 1,088 494 8,369 1,702 162 145 108 Private 124 24 590 53 4 2 4 Debt forgiven 1,562 1,290 640 3,543 1,211 3,048 8,654 Memo: interest forgiven 86 224 1,927 1,841 289 277 165 Debt stock reduction 1,262 366 9,237 1,262 2,715 3,165 1,51! of which debt o 29 137 452 o o o Total change in debt stocks 32,805 4,035 -15,905 19.217 29,739 19,902 -29,227 Net flows on debt 13,908 7,236 4,297 513 1,883 12,632 6,828 16,537 :rOSS-Cllrrencv valuation 10,353 -8,890 15,825 19,496 8,478 ALL CREDITORS Interest (%) 4.5 3.4 3.6 2.4 1.6 1.8 2.2 Maturity (years) 25.1 25.5 20.6 28.2 27.7 28.7 27.4 Grace period (years) 7.4 7.5 6.6 7.6 7.4 7.3 7.6 Grant element (%) 42.1 49.4 42.5 57.0 61.6 62.1 58.2 Official creditors Interest (%) 3.5 2.9 3.0 2.4 1.4 1.5 l.8 Maturity (years) 29.0 28.6 30.1 29.7 30.5 32.1 30.7 Grace period (years) 8.0 8.2 7.8 8.0 8.0 7.7 7.8 Grant element (%) 51.6 55.2 55.8 59.4 66.5 67.7 64.4 Private creditors Interest (%) 7.1 5.9 4.4 3.2 2.7 3.6 4.8 Maturity (years) 14.2 6.4 5.5 7.2 8.6 8.1 6.3 Grace period (years) 6.0 2.9 4.6 3.2 3.9 4.7 5.8 Grant clement (%) 16.0 13.5 21.3 24.9 28.6 27.3 18.9 (current prices, US$ billion) 80.0 70.0 60.0 Aggregate Net Resource Flows 2005 2004 Private Flows -[-1- . 2004 Official Flows ~ C_-II 50.0 ... 2003 2003 f r'-~~'~'-' 2002 2002 20.0 2001 c~ 2001 ~ ~ 10.0 2000 i 2000 0.0 I 2000 2001 2002 2003 2004 2005 -10.0 0.0 10.0 20.0 30.0 40.0 ·10.0 0.0 10.0 20.0 30.0 40.0 III Private flows o Officiaillows III Private non·debt flows [] Private debt flows III Multilateral III Bilateral uGrants 25 MIDDLE-INCOME COUNTRIES (US$ million, unless otherwise indicated) TOTAL DEBT STOCKS (EDT) 1,020,176 1,587,592 1,919,770 2,007,825 2,199,362 2,358,288 2,363,139 2,499,165 Long-term debt (LDOD) 827,982 1.239,681 1,585,180 1,610,282 1,712,626 1,814,145 1,808,585 1,905,145 Public and publicly guaranteed 775.449 1,036,927 1,069,980 1,092,738 1,149,050 1,183,668 1,063,425 1,043,427 Pri vate non guaranteed 52,533 202,754 515,200 517,544 563,576 630,476 745,160 861,718 Use of IMF credit 23,981 47,988 49,029 85,691 96,474 85,930 40,857 16,160 Short-term debt 168,213 299,924 285,560 311,853 390,262 458,213 513,697 577,860 of which interest arrears on LOOD 42,023 22,208 19,508 23,778 31,798 35,104 24.639 Official creditors 12,286 8.203 11,650 9,062 8,637 8,039 5,800 Private creditors 29,737 14,005 7,859 14,717 23,161 27,065 18,839 Memorandum items Principal arrears on LDOD 39,726 57,194 37.386 39,822 55,564 63,948 42,430 Official creditors 15,533 21,407 24,749 20,694 21.376 19,734 11,638 Pri vate creditors 24,193 35,787 12,637 19,128 34,188 44,214 30,792 TOTAL DEBT FLOWS Disbursements 104,952 197,224 239,322 267,121 311,455 362,885 430,544 459,163 Long-tenn debt 99,229 172,869 229,929 234,319 282,840 356,986 427,046 455,203 IMF purchases 5,722 24,354 9,394 32,802 28,615 5,898 3,498 3,960 Principal repayments 73.263 111,060 237,621 255,655 289,805 311,938 370,047 391,792 Long-tenn debt 67,101 104,301 217,905 236,538 263,860 291,877 327,092 362,685 IMF repurchases 6,163 6,759 19,716 19,117 25,945 20,061 42,954 29,103 Net flows on debt 42,222 140,286 ·3,089 10,782 75,761 115,591 126,447 135,657 of which short -tenn debt 10,534 54,122 -4,790 -684 54,400 64,645 65,949 68,385 Interest payments (INT) 52,714 80,081 110,592 87,815 93,183 96,507 100,605 113,481 Long-tenn debt 42,651 63,600 91,721 75,887 79,077 78,651 80,094 94,565 IMF charges 2,061 2,034 2,759 2,776 2,363 3,404 3,232 1.024 Short -tenn debt 8,003 14,446 16,113 9.152 11,743 14,452 17,278 17,892 Net transfers on debt -10,492 60,205 -113,682 -77,034 -17,420 19,085 25,841 22,047 Total debt service paid (TDS) 125,978 191,140 348,214 343,469 382,987 408,445 470,652 505,274 Long-tenn debt 109,752 167,900 309,626 312,424 342,936 370,528 407,187 457,254 IMF repurchases and charges 8,224 8,794 22.475 21,893 28,308 23,465 46,187 30,127 Short-term debt (interest only) 8,003 14,446 16,113 9,152 11,743 14,452 17,278 17,892 NET RESOURCE FLOWS 66.985 194,648 195,608 161,317 198,519 319,424 432,610 Net flow of long-tenn debt (ex. IMF) 32,129 68,569 12,024 -2,219 18.980 65,109 99,954 Foreign direct investment (net) 22,237 96,634 156,358 142,591 144,935 200,512 260,273 Portfolio equity flows 3,383 12,225 11,069 4,664 16,084 30,975 54,209 Grants (excluding technical coop,) 14,197 17,221 16,157 16,280 18,519 22,829 18,174 Memo: technical coop. grants 7,515 12,814 9,815 12,284 13,237 13,058 11,350 NET TRANSFERS 12,337 95,422 37,150 19,454 32,784 122,413 198,005 Interest on long-tenn debt 42,651 63,600 91,721 75,887 79,077 78,651 80,094 Profit remittances on FOI 15,426 35,627 66,737 65,976 86,658 118,361 154,510 Gross national income (GNŁ) 3,099,021 4,309,028 4,956.162 5,151,275 5,814,497 6,887,841 8.172.579 Exports of goods, servo & inc. (XGS) 643,744 1,143,715 1,660,034 1,768,303 2,130,518 2,711,268 3,318,921 Worker remit, & comp. of employees 23,373 44,181 61,990 84,175 104,124 121,373 141,338 Imports of goods & services (MGS) 654,455 1,224,084 1,639,368 1,712.339 2,036,942 2,586,283 3.050,960 International reserves (RES) 168,631 433,247 620,436 833,694 1,092,042 1,454,684 1,833,380 Current account balance -859 -72,964 30,714 51,439 87,843 118,322 237,824 EDT /XGS (%) 158.5 138.8 115.6 113.5 103.2 87,0 71.2 EDT I GNI (%) 32.9 36.8 38.7 39.0 37.8 34.2 28.9 TDS/XGS (%) 19.6 16.7 21.0 19,4 18.0 15.1 14.2 INT IXGS (%) 8.2 7.0 6.7 5.0 4.4 3.6 3,0 INT I GNI(%) 1.7 1.9 2.2 1.7 1.6 1.4 1.2 RES I EDT(%) 16.5 27.3 32.3 41.5 49.7 61.7 77.6 RES I MGS (months) 3.1 4.2 4.5 5.8 6.4 6.7 7.2 Short-tenn / EDT (%) 16,5 18.9 14.9 15.5 17.7 19.4 21.7 23.1 Concessionall EDT (%) 12.5 12.5 10.9 10,7 10.6 10.5 8.9 8.4 Multilateral f EDT (%) 12.6 11.1 11.2 11.4 10.9 10.2 9.8 8.9 26 MIDDLE-INCOME COUNTRIES (US$ million, unless otherwise indicated) 1995 2000 ~LoN~.·'tE~_T DEBT OUTSTANDI~G (1,000) 827,982 1,239,681 1,585,180 1,610,282 1,712,626 1,814,145 1,808,585 1,905,145 Public and publicly guaranteed 775,449 1,036,927 1,069,980 1,092,738 1,149,050 1,183,668 1,063,425 1,043,427 Official creditors 345,196 551,892 541,019 528,976 547,070 553,706 472,213 420,770 Multilateral 128,195 176,636 215,007 229,813 239,713 241,531 231,304 222,914 Concessional 16,932 28,215 36.637 40.636 46.195 50.505 49.956 48,349 Bilateral 217,001 375,255 326,012 299,164 307,357 312,175 240.909 197,856 Concessional 111,075 170,682 171,992 174,005 187,811 196,932 160,242 161,416 Pri vate creditors 430,253 485,036 528,961 563,761 601,980 629,962 591,212 622,657 Bonds 101,276 239,610 357,307 382,735 424,392 454.339 421,471 440,183 Commercial banks 216,790 131,911 108,179 127,358 127,352 130,236 130,717 147,597 Private nonguaranteed 52,533 202,754 515,200 517,544 563,576 630,476 745,160 861,718 Bonds 347 49,953 91,673 93,377 126,385 131,364 160,436 194,603 Commercial banks and other 52,187 152,800 423,527 424,167 437,191 499,113 584,723 667,115 Memo: lBRD 74,596 91,343 98,273 100,369 99,238 96,014 90,021 84,307 IDA 7,605 14.213 19,535 22,205 25,197 27,504 26,287 22,810 Public sector LDOD 770,494 1,031,705 1,063,452 1,086,610 l,l42,606 1,176,374 1,056,719 Private sector LDOD 57,489 207,976 521,728 523,672 570,020 637,771 751,866 DISBURSEMENTS 99,229 172,869 229,929 234,319 282,840 356,986 427,046 455,203 Public and publicly guaranteed 83,074 117,859 121,739 104,726 118,662 127,391 128,563 140,881 Official creditors 36,266 53,759 42.100 34,691 37,642 33,463 32,733 34,090 Multilateral 18,580 23,652 26,742 23,096 28.474 23,549 23,736 21,739 Conccssional 1,735 3,080 2,298 2,695 3,869 3,707 3,986 3,324 Bilateral 17,687 30,107 15,358 11,595 9,168 9,914 8,997 12,351 Concessional 9,689 10,953 10,608 6,936 7,149 7,728 7,191 11,148 Private creditors 46,808 64,099 79,639 70,035 81,020 93,928 95,830 106,791 Bonds 4,749 25,343 53,679 39,927 49,790 60,942 62,196 68,182 Commercial banks 13,514 20,682 18,743 25,575 25,316 28,919 29,972 36,046 Private nonguaranteed 16,155 55,011 108,190 129,593 164,178 229,595 298,483 314,322 Bonds 291 13;543 11,757 11,231 22,273 33,948 49,544 51,024 Commercial banks and other 15,864 41,467 96,432 118,362 141,905 195,648 248,940 263,297 Memo: IBRD 11,087 11,741 12,440 9,566 10,555 9,610 8,424 9,347 IDA 769 1.618 1,125 1,389 1,372 1,587 1.120 904 PRINCIPAL REPAYMENTS 67,101 104,301 217,905 236,538 263,860 291,877 327,092 362,685 Public and publicly guaranteed 60,699 77,517 107,801 107,608 125,915 117,970 135,265 165,707 Official creditors 18,275 35,201 40,679 44,160 52,820 50,337 67,265 86,008 Multilateral 9,667 16,580 18,858 23,008 29,927 26,773 23,915 31,259 Concessional 359 598 \,118 1,015 1.284 1,430 1,448 1,600 Bilateral 8,608 18,621 21,821 21.152 22,893 23,564 43,349 54,749 Concessional 3,288 5,342 10,031 8,451 9,781 11,614 14,986 12,346 Private creditors 42,424 42,316 67,122 63,448 73,095 67,633 68,000 79,699 Bonds 4,075 11,696 34,951 27,451 34,272 34,702 37,826 52,454 Commercial banks 21,508 14,692 20,812 25,069 28,715 25,378 22,092 19,644 Private nonguaranteed 6,402 26,784 110,104 128,930 137,945 173,907 191,828 196,982 Bonds 0 4,042 15,025 12,146 9,711 24,346 16,660 18,003 Commercial banks and other 6,402 22,742 95.080 116,784 128,235 149,561 175,168 178,979 Memo: IBRD 6,762 9,596 8,073 12,298 15,005 14,417 11,727 16,271 IDA 45 91 178 269 316 375 421 390 INTEREST PAYMENTS (LINT) 42,651 63,600 91,721 75,887 79,077 78,651 80,094 94,565 Public and publicly guaranteed 38,599 53,132 60,075 51,.~66 53,036 52,872 52,665 59,167 Official creditors 13,756 24,410 23,133 20,540 20,377 18,738 16,511 18,524 Multilateral 8,456 10,876 13,431 11,521 10,474 9,382 9,124 8,713 Concessional 252 414 524 512 582 674 732 786 Bilateral 5,299 13,534 9,702 9,019 9,902 9,356 7,387 9,811 Concessional 1,894 4,766 4.288 3,716 4,525 4,689 3,286 4,393 Private creditors 24,843 28,722 36,942 30,826 32.659 34,134 36,154 40,643 Bonds 4,178 15,977 26,137 22,347 24,620 26,515 28,470 29,795 Commercial banks 15,001 6,884 7,363 6,248 5,811 5,828 6,290 8,487 Private nonguaranteed 4,052 10,468 31,646 24,521 26,041 25,778 27,429 35,398 Bonds 3 3,113 7,763 6,715 7,763 8,802 9,908 14,788 Commercial banks and other 4,049 7,354 23,882 17,806 18,278 16,977 17,521 20,610 Memo: IBRD 5,556 6,395 6,852 5,716 4,724 3,873 3,822 3,733 IDA 51 99 135 148 165 203 208 159 27 MIDDLE· INCOME COUNTRIES (US$ million, unless otherwise indicated) 1990 1995 2000 2002 2003 2004 2005 2006 Euro .. .. .. 19.4 21.1 18.5 Japanese yen 11.8 13.5 12,0 10.7 lOA 10.0 9.6 Pound sterling 1.6 1.0 0.7 0.7 0.7 0.8 0.8 Swiss franc 2.2 1.1 0.4 0.5 0.5 0.5 0.6 U.S.dollars 44.8 49.5 62.5 63.9 62.5 62.0 65.2 Total amount rescheduled 74,211 29,747 37.811 12,472 10,620 6,837 28,627 Debt stock rescheduled 61,811 6,758 23,090 1,978 3,323 942 23,810 Principal rescheduled 6,960 14,528 7,290 6,361 5,793 4,340 2,565 Official 3,180 6,048 5,714 5,576 5,199 4,211 2,317 Private 3,780 8,480 1,576 785 594 129 248 Interest rescheduled 4,583 4,703 5,003 1,597 981 1,338 894 Official 3,488 1,785 2,798 1,437 864 933 853 Private 1,095 2,918 2,205 160 117 406 41 Debt forgiven 11,066 954 291 1,425 838 1,948 1,231 Memo: interest forgiven 2,803 738 22 367 399 1,293 11,722 Debt stock reduction 24,883 3,861 32,393 3,598 65 2,570 40,432 of which debt 4,359 132 16,879 2,497 o o o 169,914 -43,689 60,978 191,537 158.925 4.851 140,286 ·3,089 10,782 75,761 115,591 126,447 135,657 10,479 -37,954 55,335 68,030 30,964 -56,347 ALL CREDITORS Interest (%) 7.6 6.5 7.5 5.7 5.1 4.9 5.3 Maturity (years) 15.1 12.3 13.0 13.4 12.3 12.8 14.6 Grace period (years) 5.3 4.3 7.3 6.4 7.1 7.2 9.0 Grant element (%) 15.2 17.7 11.2 23.4 24.4 26.6 27.9 Official creditors Interest (%) 6.3 6.5 5.4 3.4 3.3 2.9 3.5 Maturity (years) 19.7 17.0 17.0 18.9 16.8 18,2 19.9 Grace period (years) 6.0 4.7 4.3 5.0 4.5 5.2 5.5 Grant element (%) 25.9 22.7 27.0 40.2 39.8 44.5 43.0 Private creditors Interest (%) 8.7 6.5 8.4 6.8 5.8 5.6 6.0 Maturity (years) 11.2 7.5 11.3 10.5 10.4 10.6 12.5 Grace period (years) 4.8 3.8 8.6 7.1 8.1 8.0 10.4 Grant element (%) 6.1 12.6 4.6 14.9 18.1 19.5 21.8 (current prices. US$ billion) Aggregate Net Resource Flows Private Flows Official Flows 500.0 450.0 ' 1 ! 2005 t_.·_..·· "'--""~----"- "'1 2005 2004)._ __ 2004 350.0 , 300.0 250,0 2003 · h .··· 2003 , .- ~" ·--1 2002 _I i _ __ 2002 ='r- 1" 150.0 2001 "-~ -..-.J 100.0 50.0 2000 · · · · · 2000 0.0 2000 2001 2002 2003 2004 2005 0.0 100.0 200.0 300.0 400,0 ·40.0 ·20.0 0"0 20.0 40,0 III Private flows C Official flows III Private non~ebt flows C' Private debt flows · Multilateral III Bilateral o Grants 28 Country tables 29 ALBANIA (US$ million, unless otherwise indicated) 2000 TOTAL DEBT STOCKS (EDT) 456 1,061 1,095 1,118 1,484 1,547 1,839 Long·term debt (LDOD) 330 936 981 1,008 1,244 1,449 1,459 Public and publicly guaranteed 330 921 971 995 1,232 1,403 1.375 Private non guaranteed 0 15 11 13 12 46 84 Use of I::\'IF credit 65 88 83 81 90 97 92 Short·term debt 62 37 31 29 149 1 288 of which interest arrears on LDOD 2 3 4 1 1 1 1 Official creditors 2 1 I 0 0 0 0 Private creditors 0 3 3 1 1 1 Memorandum items Principal arrears on LDOD 27 271 271 16 16 16 16 Official creditors 18 255 255 0 0 0 0 Private creditors 9 16 16 16 16 16 16 TOTAL DEBT FLOWS Disbursements 80 138 110 157 147 197 166 Long-term debt 70 120 98 152 136 185 154 IMF purchases 11 19 12 5 II 12 12 Principal repayments 2 16 26 36 38 52 50 Long-term debt 0 9 12 22 28 42 41 IMF repurchases 1 7 14 14 10 9 9 Net flows on debt .99 130 78 122 230 -3 403 of which short-term debt -178 8 -6 I 120 -148 287 Interest payments (INT) 9 11 12 23 19 23 31 Long4erm debt 5 8 10 22 16 21 25 IMF charges I 1 I I 0 0 0 Short-tenn debt 3 2 I 1 3 1 6 Net transfers on debt -108 119 66 98 211 -26 372 Total debt service paid (TDS) 10 27 38 59 57 75 81 Long-term debt 5 17 22 44 44 63 66 IMF repurchases and charges 2 8 14 14 10 10 10 Short-term debt (interest only) 3 2 I I 3 I 6 NET RESOURCE FLOWS 216 414 430 371 398 593 529 Net flow of long-term debt (ex. IMF) 69 110 86 130 108 142 113 Foreign direct investment (net) 70 143 207 135 178 341 262 Portfolio equity flows 0 0 0 0 0 0 0 Grants (excluding technical coop.) 77 161 137 107 112 109 154 Memo: technical coop. grants 33 54 61 81 145 92 97 NET TRANSFERS 207 406 420 349 381 571 502 Interest on long-term debt 5 8 10 22 16 21 25 Profit remittances on FDI 4 0 0 1 I 0 2 Gross national income (GN!) 2,483 3,790 4,237 4,584 5,785 7,562 8,524 Exports of goods, serv. & inc. (XGS) 760 1,350 1,616 1,707 2,140 2,839 3,208 Worker remit. & comp. of employecs 427 598 699 734 889 1,160 1,290 Imports of goods & services (MGS) 865 1,509 1,789 2,096 2,610 3,278 3,913 International reserves (RES) 265 646 771 866 1,038 1,388 1.440 Current account balance -12 -156 -217 -408 -407 -358 -571 EDT/XGS (%) 60.0 78.6 67.8 65.5 69.4 54.5 57.3 EDT I GNI(%) 18.4 28.0 25.9 24.4 25.7 20.5 21.6 TDS/XGS (%) 1.4 2.0 2.3 3.5 2.6 2.6 2.5 INT I XGS (%) 1.2 0.8 0.8 1.4 0.9 0.8 1.0 INT I GNI(%) 0.4 0.3 0.3 0.5 0.3 0.3 0.4 RES I EDT (%) 58.1 60.9 70.4 77.5 70.0 89.7 78.3 RES I MGS (months) 3.7 5.1 5.2 5.0 4.8 5.1 4.4 Short-term I EDT (% ) 13.7 3.5 2.8 2.6 10.1 0.1 15.7 Concessional/ EDT (%) 57.1 52.2 54.8 76.7 71.6 78.3 64.6 Multilateral I EDT (%) 25.1 40.2 40.2 52.0 49.8 56.6 47.1 30 ALBANIA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 330 936 981 1,008 1,244 1,449 1.459 Public and publicly guaranteed 330 921 971 995 1,232 1,403 1,375 Official creditors 305 899 949 973 1,209 1,380 1,353 Multilateral 115 426 440 581 739 876 866 Concessional 110 368 396 518 640 748 740 Bilateral 190 473 510 392 469 503 486 Concessional 151 186 204 340 423 463 448 Pri vate creditors 25 22 22 22 23 23 22 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 Private nonguaranteed 0 15 11 13 12 46 84 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 15 11 13 12 46 84 Memo: IBRD 0 0 0 0 0 0 0 IDA 109 346 366 476 583 677 655 Public sector LDOD 330 920 968 992 1,228 1,403 1,375 Private sector LDOD 0 16 13 16 16 46 84 DISBURSEMENTS 70 120 98 152 136 185 154 Public and publicly guaranteed 70 120 98 149 136 148 119 Official creditors 70 120 98 149 136 148 119 Multilateral 48 101 56 109 107 113 81 Concessional 43 67 44 92 76 84 55 Bilateral 22 19 41 40 30 35 38 Concessional 22 11 26 39 30 35 38 Pri vate creditors 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 3 0 36 35 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 3 0 36 35 Memo: IDRD 0 0 0 0 0 0 0 IDA 43 64 34 79 61 67 34 PRINCIPAL REPAYMENTS 0 9 12 22 28 42 41 Public and publicly guaranteed 0 9 8 20 26 36 40 Official creditors 0 8 8 20 26 36 39 Multilateral 0 2 3 8 13 15 18 Concessional 0 1 1 2 3 6 8 Bilateral 0 6 5 12 13 20 21 Concessional 0 3 2 8 7 14 15 Pri vate creditors 0 1 0 0 0 1 I of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 Private nonguaranteed 0 0 4 2 2 6 1 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 0 4 2 2 6 1 Memo: IDRD 0 0 0 0 0 0 0 IDA 0 0 0 0 I 3 4 INTEREST PAYMENTS (LINT) 5 8 10 22 16 21 25 Public and publicly guaranteed 5 7 10 17 15 20 23 Official creditors 4 7 9 17 15 20 23 Multilateral 1 4 6 6 8 12 14 Concessional 1 3 3 3 5 7 7 Bilateral 3 3 4 11 7 8 9 Concessional 2 3 3 9 6 7 8 Private creditors I 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 Private nonguaranteed 0 1 1 5 1 1 2 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 1 I 5 I 1 2 Memo: IBRD 0 0 0 0 0 0 0 IDA 1 2 3 :I 4 5 5 31 ALBANIA (US$ million, unless otherwise indicated) 1990 2002 2003 2004 2005 Euro 19.8 27.0 28.9 29.4 28.6 Japanese yen 2.5 3.2 2.6 2.8 3.0 3.4 3.9 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 60.9 73.2 74.1 62.1 60.4 59.2 59.0 Total amount rescheduled 6 28 11 75 15 0 10 Debt stock rescheduled 225 0 0 0 0 0 0 Principal rescheduled 0 22 0 75 0 0 0 Official 0 21 0 75 0 0 0 Private 0 0 0 0 0 0 0 Interest rescheduled 0 2 0 0 0 0 0 Official 0 2 0 0 0 0 0 Private 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 4 0 Memo: interest forgiven 0 0 0 0 0 0 0 Debt stock reduction 146 0 0 180 0 0 0 of which debt 30 0 0 0 0 0 0 Total change in debt stocks -427 352 35 23 366 63 292 Net flows on debt -99 130 78 122 230 -3 403 valuation 8 -35 -31 78 116 63 -121 ALL CREDITORS Interest (%) 3.3 3.5 3.2 1.2 1.8 2.3 2.3 Maturity (years) 25.2 29.7 29.3 32.1 27.1 19.8 20.2 Grace period (years) 7.7 10.5 9.0 9.4 11.9 7.6 7.3 Grant element (%) 50.7 54.5 54.8 70.0 66.6 52.6 52.8 Official creditors Interest (%) 3.4 3.5 3.2 1.2 1.8 2.3 2.3 Maturity (years) 25.3 29.7 29.3 32.1 27.1 19.8 20.2 Grace period (years) 7.5 10.5 9.0 9.4 11.9 7.6 7.3 Grant element (%) 50.5 54.5 54.8 70.0 66.6 52.6 52.8 Private creditors Interest (%) 3.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 22.7 0.0 0.0 0.0 0.0 0.0 0.0 Grace period 11.7 0.0 0.0 0.0 0.0 0.0 0.0 Grant element 55.9 0.0 0.0 0.0 0.0 0.0 0.0 2006 2007 2008 2009 2010 2011 TOTAL Principal 71 59 80 82 98 104 98 92 Interest 27 30 32 32 31 29 26 24 Official creditors Principal 55 53 69 70 84 89 88 88 Interest 26 29 31 31 30 28 26 24 Bilateral creditors Principal 31 28 35 33 34 36 37 35 Interest II II 12 11 11 10 9 9 Multilateral creditors Principal 23 25 34 37 50 53 51 54 Interest 15 18 19 20 20 18 17 15 Private creditors Principal 16 6 11 12 14 14 11 4 Interest 2 1 1 1 I 0 0 0 Notes: 32 ALGERIA (US$ million, unless otherwise indicated) 2000 TOTAL DEBT STOCKS (EDT) 28,149 33,042 25,272 22,566 22,828 23,523 22,176 16,879 Long-term debt (LDOD) 26,688 31,303 23,332 20,849 21,390 22,389 21,102 16,363 Public and publicly guaranteed 26,688 31,303 23,332 20,849 21,283 21,831 20.392 15,476 Pri vate nonguaranteed 0 0 0 0 107 559 710 887 Use of IMF credit 670 1,478 1,718 1,518 1,330 988 643 0 Short-term debt 791 261 222 199 108 146 431 516 of which interest arrears on LDOD 0 3 0 0 0 0 0 0 Official credi tors 0 0 0 0 0 0 0 0 Private creditors 0 3 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 1 1 0 0 0 0 0 0 Official creditors 0 0 0 0 0 0 0 0 Private creditors 0 1 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 7,017 4,157 1,215 1,041 1,605 1,919 2,113 1,235 Long-term debt 7,017 3,683 1.215 1.041 1,605 1,919 2,113 1,235 IMF purchases 0 475 0 0 0 0 0 0 Principal repayments 6,780 2,419 2,817 2,962 2,950 3,217 4,692 5,057 Long-term debt 6,780 2,248 2,724 2,822 2,652 2,779 4,320 4,445 IMP repurchases 0 171 93 141 297 439 372 612 Net flows on debt ·811 1,361 -1,575 -1,945 .1,436 -1,260 ·2,293 ·3,737 of which short-term debt -1,049 -378 27 -23 -91 38 285 85 Interest payments (INT) 2,025 1,832 1,655 1,419 1,218 1,085 1,033 922 Long-term debt 1,784 1,741 1,552 1,334 1,168 1,057 1,001 889 IMFcharges 62 69 92 76 43 24 22 18 Short-term debt 179 22 10 9 7 4 10 15 Net transfers on debt -2,836 -471 .3,230 ·3,365 ·2,654 ·2,346 -3,326 -4,659 Total debt service paid (TDS) 8,804 4,250 4,471 4,382 4,168 4,303 5,725 5,978 Long-tenD debt 8,564 3,989 4,276 4,155 3,821 3,836 5,321 5.334 IMF repurchases and charges 62 240 185 217 340 463 393 630 Short-term debt (interest only) 179 22 10 9 7 4 10 15 l'o'ET RESOURCE FLOWS 283 1,505 ·1,009 ·626 113 ·155 -1,228 ·1,982 Net flow of long-term debt (ex. IMp) 237 1,435 -1,509 -1,781 -1,047 -860 -2,207 -3.211 Foreign direct investment (net) 0 0 438 1,113 1,065 634 882 1,081 Portfolio equity flows 0 0 0 0 0 0 0 0 Grdl1ts (excluding technical coop.) 45 70 62 42 95 71 97 147 Memo: technical coop. grants 106 101 76 77 97 146 189 199 NET TRANSFERS .1,652 ·236 -2,561 -1,960 -1,056 -1,212 -2,229 -2,871 Interest on long-term debt 1.784 1,741 1,552 1,334 1.168 1,057 1,001 889 Profit remittances on FDI 152 0 0 0 0 0 0 0 Gross national income (G~I) 59,955 39,574 52,080 53,491 54,823 65,319 81,414 97,336 Exports of goods, servo & inc. (XGS) 13,887 Worker remit. & compo of employees 352 1,120 790 670 1,070 1,750 2,460 1,950 Imports of goods & services (MGS) 12,448 International reserves (RES) 2,703 4,164 13,556 19,625 25,151 35,455 45,692 59,167 Current account balance 1,420 EDT f XGS (%) 202.7 EDTfGNI(%) 47.0 83.5 48.5 42.2 41.6 36.0 27.2 17.3 IDS IXGS (%) 63.4 Ir..'T IXGS (%) 14.6 INT IGNI(%) 3.4 4.6 3.2 2.7 2.2 1.7 1.3 0.9 RES/EDT(%) 9.6 12.6 53.6 87.0 110.2 150.7 206.0 350.5 RES I MGS (months) 2.6 Short-term I EDT (%) 2.8 0.8 0.9 0.9 0.5 0,6 1.9 3.1 Concessional! EDT (%) 3.1 9.4 12.4 12.2 12.4 12.9 14.6 15.9 Multilateral! EDT (%) 7.2 11.8 16.3 17.6 17.0 17.5 15.8 14.5 33 ALGERIA (US$ million, unless otherwise indicated) 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 26,688 31,303 23,332 20,849 21,390 22,389 21,102 16,363 Public and publicly guaranteed 26,688 31,303 23,332 20,849 21,283 21,831 20,392 15,476 Official creditors 5,866 15,685 17,480 16,172 16,336 16,839 15,710 12.218 Multilateral 2,031 3,915 4,123 3.974 3,880 4,112 3,508 2,446 Concessional 76 317 442 424 403 485 564 599 Bilateral 3,835 11,770 13,357 12,198 12,456 12,727 12,202 9.772 Concessional 784 2,792 2,688 2,320 2.427 2.538 2,680 2,078 Private creditors 20,822 15,618 5,851 4,678 4,947 4,992 4,682 3,258 of which: Bonds 1.420 0 0 0 0 0 0 0 Commercial banks 5,851 4,529 2,508 2,027 2,034 1,802 1,455 1,039 Private nonguaranteed 0 107 559 710 887 Bonds Commercial banks and other ° 0 0 ° 0 0 ° 0 0 0 0 0 107 0 559 0 710 0 887 Memo: lBRD 1,208 2,049 1,425 1,329 1,203 1,056 909 779 IDA 0 0 0 0 0 0 0 0 Public sector LDOD 26,608 31.214 23,210 20,737 21,140 21,658 20,188 15.301 Private sector LDOD 80 89 122 112 250 732 914 1,062 DISBURSEMENTS 7,017 3,683 1,215 1,041 1,605 1,919 2,113 1,235 Public and publicly guaranteed 7,017 3,683 1,215 1,041 1,528 1,468 1,829 772 Official creditors 1,835 1,596 795 464 491 636 907 430 Multilateral 612 932 349 340 386 566 424 358 Concessional 9 169 39 46 34 129 131 58 Bilateral 1,223 664 446 124 105 70 483 72 Concessional 282 501 152 79 80 62 464 68 Pri vare creditors 5.182 2,087 420 576 1,037 832 922 342 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 206 222 0 3 251 25 10 8 Private nonguaranteed 0 0 0 77 451 285 463 Bonds Commercial banks and other 0 0 ° 0 0 0 0 0 0 0 77 0 451 0 285 0 463 Memo: lBRD 300 554 58 83 70 50 40 31 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 6,780 2,248 2,724 2,822 2,652 2,779 4,320 4,445 Public and publicly guaranteed 6,780 2,248 2,724 2,822 2,592 2,768 4,104 4,216 Official creditors 1.174 671 1,058 1,281 1,499 1,536 2,688 2,820 Multilateral 312 454 351 524 644 521 1.201 1.188 Concessional 6 13 53 66 65 55 52 24 Bilateral 862 217 707 757 855 1,015 1,487 1,632 Concessional 97 42 223 226 234 263 431 446 Private creditors 5,606 1,577 1,666 1.541 1,093 1,231 1,416 1,397 of which: Bonds 16 278 0 0 0 0 0 0 Commercial banks 1.330 220 439 358 334 358 380 347 11 Private nonguaranteed Bonds Commercial banks and other 0 0 0 0 0 0 ° 0 0 ° 0 0 60 0 60 0 11 216 0 216 229 0 229 Memo: lBRD 130 260 172 177 200 202 189 156 IDA 0 0 0 0 0 0 0 0 INTEREST PAYMENTS (LINT) 1,784 1,741 1,552 1,334 1,168 1,057 1,001 889 Public and publicly guaranteed 1,784 1,741 1,552 1,334 1,164 1,055 984 863 Official creditors 312 823 1,131 1,011 966 875 813 707 Multilateral 117 251 297 248 304 253 217 163 Concessional 6 8 16 22 16 18 25 25 Bilateral 195 572 834 764 662 622 596 544 Concessional 17 82 108 96 87 87 78 67 Private creditors 1,472 917 421 322 198 180 171 156 of which: Bonds 105 13 0 0 0 0 0 0 Commercial banks 526 251 146 117 64 42 37 34 Private nonguaranteed 0 5 3 17 25 Bonds Commercial banks and other ° 0 0 0 0 ° 0 0 () 0 0 0 5 0 3 0 17 0 25 Memo: lBRD 73 137 128 119 104 85 60 46 IDA 0 0 0 0 0 0 0 0 34 « !# ALGERIA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 Euro 30.0 32.8 37.6 42.1 40.5 Japanese yen 15.1 13.1 14.5 12.6 13.2 12.8 11.1 8.2 Pound sterling 1.5 0.9 1.0 1.3 1.4 1.7 2.0 1.4 Swiss franc 0.8 0.7 0.5 0.7 0.9 0.9 1.0 0.8 U.S.dollars 33.5 38.0 44.7 46.5 42.8 37.4 36.2 41.0 Total amount rescheduled 0 5,096 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 4,405 0 0 0 0 0 0 Official 0 529 0 0 0 0 0 0 Private 0 3,875 0 0 0 0 0 0 Interest rescheduled 0 380 0 0 0 0 0 0 Official 0 68 0 0 0 0 0 0 Private 0 312 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 912 2,809 -2,727 -2.705 262 695 -1,347 -5,297 Net flows on debt -811 1,361 -1,575 -1,945 -1,436 -1,260 -2,293 -3,737 1,669 687 -1,144 -916 1,684 1,950 922 -1,591 ALL CREDITORS Interest (%) 8.4 6.5 6.2 3.2 2.9 2.6 3.5 1.5 Maturity (years) 9.1 10.8 11.2 12.0 14.7 10.3 12.0 11.5 Grace period (years) 2.5 2.8 3.0 3.2 3.9 2.8 2.6 2.7 Grant element (% ) 6.9 14.9 16.8 31.5 35.3 31.7 27.9 33.6 Official creditors Interest (%) 7.0 6.2 6.2 4.3 2.9 2.0 2.8 1.3 Maturity (years) 16.8 11.7 14.9 18.5 22.0 14.0 13.3 11.9 Grace period (years) 4.0 3.3 4.1 5.9 6.5 4.2 3.1 2.8 Grant element (%) 19.5 17.1 20.8 35.7 49.1 43.3 33.8 34.6 Private creditors Interest (%) 8.9 7.1 6.2 2.8 3.0 3.2 4.0 2.6 Maturity (years) 6.5 8.9 7.4 9.7 7.9 6.7 11.1 9.6 Grace period (years) 2.0 1.9 1.9 2.3 1.5 1.3 2.1 2.0 Grant element (%) 2.8 10.4 12.7 30.0 22.5 20.2 23.8 29.0 TOTAL Principal 2,904 2,665 2,756 2,781 1,749 1,708 424 397 Interest 820 691 545 395 255 163 94 78 Official creditors Principal 1,894 1,798 2.051 2,198 1.416 1,491 273 265 Interest 636 543 442 325 212 133 72 62 Bilateral credi tOfS Principal 1,315 1,508 1,744 1.933 1,173 1,271 88 99 Interest 522 445 354 247 144 74 21 19 Multilateral creditors Principal 579 290 307 265 243 220 185 165 Interest 113 98 89 78 68 59 51 43 Private creditors Principal 1,010 867 705 583 333 217 151 133 Interest 184 147 103 70 43 30 22 17 Notes: Short-term debt is reported by the country. 35 ANGOLA (US$ million. unless otherwise indicated) 1990 1995 2000 2005 TOTAL DEBT STOCKS (EDT) 8,592 11,500 9,408 8,434 8,739 8,695 9,325 11,755 Long·term debt (LDOD) 7,603 9,543 8,085 6,983 7,531 7,620 8,110 9,428 Public and publicly guaranteed 7,603 9,543 8.085 6.983 7,531 7.620 8,110 9,428 Private nonguaranteed 0 0 0 0 0 0 0 0 Use of IMF credit 0 0 0 0 0 0 0 0 Short·term debt 989 1,958 1,323 1,451 1,208 1,075 1,215 2,327 of which interest arrears on LDOD 204 1,232 874 1,006 961 891 692 588 Official creditors 52 276 252 266 287 304 433 359 Private creditors 152 956 622 740 674 587 259 229 Memorandum items Principal arrears on LDOD 496 4,190 2,853 3,353 3,413 3,527 2,202 1,912 Official creditors 86 1,098 735 866 941 1,026 1,136 944 Private creditors 410 3,093 2,118 2,487 2,472 2,502 1.066 968 TOTAL DEBT FLOWS Disbursements 862 550 1,045 1,063 1,172 1,866 2,520 3,609 Long-term debt 862 550 1.045 1,063 1,172 1.866 2,520 3,609 L"\1F purchases 0 0 0 0 0 0 0 0 Principal repayments 183 332 1,530 2,084 1,285 1,317 1,700 1,941 Long-tenn debt 183 332 1,530 2,084 1,285 1.317 1,700 1.94] IMF repurchases 0 0 0 0 0 0 0 0 Net flows on debt 977 -90 -733 -1,025 -311 486 1,159 2,884 of which short-term debt 298 -308 ·248 -4 ·198 -63 339 1,216 Interest payments (INT) 143 132 175 147 159 166 180 298 Long-term debt 100 79 149 125 140 160 172 242 IMFcharges 0 0 0 0 0 0 0 0 Short-tenn debt 43 53 26 22 19 6 9 57 Net transfers on debt 834 -222 -909 -1,172 -469 320 979 2,586 Total debt service paid (TDS) 326 464 1,705 2,231 1,443 1,483 1,880 2,239 Long-tenn debt 283 411 1,680 2,209 1,425 1.476 1,871 2.183 IMF repurchases and charges 0 0 0 0 0 0 0 0 ShOlt-tenn debt (interest only) 43 53 26 22 19 6 9 57 NET RESOURCE FLOWS 536 1,018 599 1,338 1,895 4,466 2,633 656 Net flow oflong-ternl debt (ex. IMF) 679 218 -485 -1,021 -113 549 820 1,668 Foreign direct investment (net) -335 472 879 2,145 1.672 3,505 1,449 ·1,304 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop.) 192 328 206 213 336 412 363 293 Memo: technical coop. grants 36 73 47 57 61 80 72 80 NET TRANSI<'ERS 122 553 -479 286 654 3,043 511 -2,991 Interest on long-tenn debt 100 79 149 125 140 160 172 242 Profit remittances on FDI 314 386 929 927 1,100 1.264 1.950 3,406 Gross national income (GNI) 8,214 3,688 7.449 7,375 9,791 12,230 17,295 28.736 Exports of goods, servo & inc. (XGS) 4,003 3,852 8,222 6,760 8,552 9,722 13,831 24,312 Worker remit. & compo of employees 0 0 0 0 0 0 0 0 Imports of goods & services (MGS) 4,161 4,302 7,454 8,281 8,734 10,540 13,151 19,201 International reserves (RES) 213 1,198 732 376 634 1.374 3,197 Current account balance -236 -295 796 -1,431 ·150 -720 686 5,138 EDT/XGS (%) 214.6 298.6 114.4 124.8 102.2 89,4 67.4 48.3 EDT I GNI (%) 104.6 311.9 126.3 114.4 89.3 71.1 53.9 40.9 IDS I XGS (%) 8.1 12.0 20.7 33.0 16.9 15.3 13.6 9.2 !NT! XGS (%) 3.6 3.4 2.1 2.2 1.9 1.7 1.3 1.2 !NT I GNI (%) 1.7 3.6 2.4 2.0 1.6 1.4 1.0 1.0 RES I EDT (%) 1.9 12.7 8.7 4.3 7.3 14.7 27.2 RES! MGS (months) 0.6 1.9 l.l 0.5 0.7 1.3 2.0 Short-tenn I EDT (%) 11.5 17.0 14.1 17.2 13.8 12.4 13.0 19.8 Concessional! EDT (%) 13.9 13.0 19.0 9.3 9.8 10.9 17.6 15.3 Multilateral! EDT (%) 0.7 1.7 3.1 3.3 3.6 4.0 4.1 3.2 36 ANGOLA (US$ million, unless otherwise illdicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 7,603 9,543 8,085 6,983 7,531 7,620 8,110 9,428 Public and publicly guaranteed 7,603 9,543 8,085 6,983 7,531 7,620 8,110 9,428 Official creditors 1,839 2,226 2,703 1,640 2,093 2,319 3,310 3,188 Multilateral 57 191 294 276 316 349 379 371 Concessional 20 119 253 253 292 323 367 367 Bilateral 1,782 2,035 2,409 1,364 1,777 1,970 2,931 2,817 Concessional l,l77 1,371 1,538 528 566 623 1.276 1.431 Private creditors 5,765 7,316 5,382 5,343 5,438 5,301 4,800 6,240 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 143 873 2,625 2,679 2,598 2,884 3.438 4,980 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRD 0 0 0 0 0 0 0 0 IDA 0 81 226 228 265 291 318 319 Public sector LDOD 7,599 9,513 8,059 6,957 7,504 7,596 8,098 9,416 Private sector LDOD 5 29 26 26 26 24 12 12 DISBlJRSEMENTS 862 550 1,045 1,063 1,172 1,866 2,520 3,609 Public and publicly guaranteed 862 550 1,045 1,063 1,172 1,866 2,520 3,609 Official creditors 169 119 34 16 21 151 525 351 Multilateral 5 30 24 13 21 10 25 34 Concessional 4 30 24 12 21 5 24 34 Bilateral 164 89 10 3 I 142 500 316 Concessional 54 33 10 3 1 7 0 235 Private creditors 693 431 1,011 1,047 1,151 1.714 1,995 3,258 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 17 396 1,010 1,046 1,150 1.712 1,936 3,153 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRD 0 0 0 0 0 0 0 0 IDA 0 30 24 11 21 5 19 30 PRINCIPAL REPAYMEl'iTS 183 332 1,530 2,084 1,285 1,317 1,700 1,941 Public and publicly guaranteed 183 332 1,530 2,084 1,285 1,317 1,700 1,941 Official creditors 59 24 268 1,037 51 87 523 233 Multilateral 4 2 27 6 6 6 9 8 Concessional 0 0 4 1 3 4 7 6 Bilateral 56 22 241 1,031 45 81 515 224 Concessional 1 3 213 1,002 2 0 263 9 Pri vate creditors 123 308 L262 1,046 1,234 1,229 1,176 1,708 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 8 108 1,149 986 1,168 995 957 1,605 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRD 0 0 0 0 0 0 0 IDA 0 ° 0 0 3 4 6 5 INTEREST PAYMENTS (LINT) 100 79 149 125 140 160 172 242 Public and publicly guaranteed 100 79 149 125 140 160 172 242 Official creditors 19 12 36 9 10 13 22 56 Multilateral 2 I 28 4 3 3 4 4 Concessional 0 0 4 2 2 2 4 3 Bilateral 16 12 8 5 7 10 18 52 Concessional 1 7 2 I 1 0 1 28 Pri vate creditors 81 67 113 116 130 147 150 185 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 5 33 93 106 115 124 107 155 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRD 0 0 0 0 0 0 0 0 IDA 0 0 2 1 2 2 3 3 37 ANGOLA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 8.1 8.9 7.8 11.4 8.4 Japanese yen 0.3 0.3 0.5 0.5 0.5 0.5 0.5 0.3 Pound sterling 1.4 0.9 1.0 l.l 1.1 1.2 1.2 0.9 Swiss franc 0.7 0.1 0.1 0.1 0.0 0.0 0.0 0.0 U.S.dollars 80.7 81.0 86.3 85.2 84.6 85.1 83.3 87.5 Total amount rescheduled 252 437 0 0 0 196 985 0 Debt stock rescheduled 53 0 0 0 0 138 0 0 Principal rescheduled 160 360 1 0 0 5 730 0 Official 16 0 0 0 0 I 656 0 Private 143 360 1 0 0 4 74 0 Interest rescheduled 43 70 0 0 0 0 277 0 Official 8 0 0 0 0 0 243 0 Private 35 70 0 0 0 0 34 0 Debt forgiven 0 0 0 0 0 0 159 107 Memo: interest forgiven 0 0 0 0 0 0 40 16 Debt stock reduction 0 0 0 0 8 0 2 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 1,303 207 -891 -974 305 -44 630 2,430 Net flows on debt 977 -90 -733 -1,025 -311 486 1,159 2,884 150 76 -78 -51 154 189 79 -179 ALL CREDITORS Interest (%) 6.9 8.1 4.9 5.0 5.2 3.6 1.7 6.8 Maturity (years) 10.2 8.7 4.3 4.0 3.7 6.3 10.5 7.9 Grace period (years) 2.6 0.4 1.6 0.5 0.9 O.S 1.7 1.4 Grant element (%) 14.3 5.4 11.4 9.2 9.0 15.8 33.2 10.3 Official creditors Interest (%) 5.7 8.1 0.8 0.0 0.8 3.3 1.4 4.7 Maturi ty (years) 14.1 9.9 39.8 0.0 49.6 18.1 13.7 19.3 Grace period (years) 3.7 0.4 10.3 0.0 10.1 4.3 2.9 2.0 Grant element (%) 22.0 6.4 80.6 0.0 83.0 35.9 43.9 31.7 Private creditors Interest (%) 7.7 8.1 5.0 5.0 5.2 3.6 2.1 6.9 Maturity (years) 7.7 8.6 3.1 4.0 3.2 5.0 6.4 7.2 Grace period (years) 1.8 0.4 1.3 0.5 0.8 0.4 0.2 1.3 Grant element (%) 9.1 5.4 9.1 9.2 8.3 13.6 19.2 8.9 2006 2007 2008 2009 2010 2011 2012 2013 TOTAL Principal 946 L239 1,282 1,265 1,050 814 685 303 Interest 427 401 342 277 210 158 110 76 Official creditors Principal 186 250 332 356 310 241 241 237 Interest 79 91 91 86 78 72 67 62 Bilateral creditors Principal 177 243 324 348 301 231 230 221 Interest 76 88 88 83 75 69 64 58 Multilateral creditors Principal 9 8 9 8 9 10 12 16 Interest 3 3 3 3 3 3 3 3 Private creditors Principal 760 989 949 909 740 573 444 66 Interest 347 310 251 191 132 85 43 15 Notes: Data for 2005 include debt reported by BNA. 38 ARGENTINA (US$ million, unless otherwise indicated) 1995 2000 TOTAL DEBT STOCKS (EDT) 62,233 98,482 147,403 154,050 150,813 166,788 169,508 114,335 Long-term debt (LDOD) 48,676 70,997 114,031 120,070 121,384 128,281 127,922 85,477 Public and publicly guaranteed 46,876 54,930 88,122 88,442 92,905 99,894 104, III 61,952 Private nonguaranteed 1,800 16,066 25,909 31,628 28,479 28,387 23,811 23,525 Use of IMF credit 3,083 6,131 5,056 13,976 14,340 15,523 14,091 9,513 Short-term debt 10,473 21,355 28,315 20,004 15,089 22,984 27,496 19,346 of which interest arrears on LDOD 7,590 0 0 4 5,473 12,637 17.496 9,346 Official creditors 132 0 0 0 165 356 533 589 Private creditors 7,458 0 0 4 5,307 12,282 16,963 8,756 Memorandum items Principal arrears on LDOD 4,372 0 0 0 8,540 17,258 29,103 16,549 Official creditors 224 0 0 0 471 1,167 2,349 2,853 Private creditors 4,147 0 0 0 8,069 16,091 26,754 13,696 TOTAL DEBT FLOWS Disbursements 1,587 11,319 21,126 13,448 1,673 11,155 6,282 4,461 Long-term debt 1,150 8,954 19,032 3,048 1,673 5,554 2,813 4,461 IMF purchases 437 2,365 2,094 10,399 0 5,601 3,469 0 Principal repayments 3,443 3,542 15,700 10,772 3,201 12,222 10,466 7,509 Long-term debt 2,745 3,057 14.421 9,591 2,458 6,479 4,962 3,938 IMF repurchases 697 484 1,280 1,181 743 5,743 5,504 3,571 Net flows on debt -1,856 21,962 4,326 ·5,639 .1,910 -337 -4,531 -3,048 of which short-term debt 0 14,185 -1,100 -8,315 -383 730 -347 0 Interest payments (lNT) 2,716 5.324 11,608 4,858 2,099 2,074 2,362 3,036 Long-ternl debt 2,208 4,322 9,681 3,405 1,230 1,270 1,550 2,268 IMFcharges 277 274 195 416 677 504 554 510 Short-term debt 231 727 1,732 1,036 192 299 258 258 Net transfers on debt ·4,571 16,639 ·7,282 ·10,497 ·4,010 -2,410 -6,894 ·6,085 Total debt service paid (TDS) 6,158 8,865 27,308 15,629 5,300 14,296 12,829 10,546 Long-term debt 4,953 7.379 24,101 12,996 3,688 7,750 6,512 6,206 IMF repurchases and charges 975 759 1,475 1,597 1,420 6.247 6,OS8 4,082 Short-term debt (interest only) 231 727 1,732 1.036 192 299 258 258 NET RESOURCE FLOWS 261 13,095 11,833 -4,319 1,302 829 2,066 5,229 Net flow of long-term debt (ex. IMF) -1,595 5,897 4,611 -6,542 -785 -925 -2,149 523 Foreign direct investment (net) 1,836 5,609 10,418 2,166 2,149 1,652 4,274 4.730 Portfolio equity flows 0 1,552 -3,227 31 -116 65 -86 -48 Grants (excluding technical coop.) 21 36 31 26 54 37 28 25 Memo: technical coop. grants 71 84 53 60 56 65 63 61 NET TRANSFERS -2,584 6,643 ·934 -9,121 -41 -1,499 -2,040 -678 Interest on long-term debt 2,208 4,322 9,681 3,405 1,230 1,270 1,550 2,268 Profit remittances on POI 637 2,129 3,086 1,397 113 LOS8 2,556 3,640 Gross national income (GNI) 135,150 253,396 276,656 260,970 94,553 121,627 144,204 176,985 Exports of goods, servo & inc. (XGS) 16,654 29,396 38,747 36,683 32.303 37,688 43,458 50,824 Worker remit. & camp, of employees 0 56 86 190 189 256 292 413 Imports of goods & services (MGS) 13,100 35,070 48,076 40,733 23,961 29,906 40,334 45,224 International reserves (RES) 6,222 15,979 25,152 14.556 10,492 14,157 19,660 28,082 Current account balance 4,552 -5,118 -8,981 -3,780 8.720 8,065 3.446 5,789 EDT /XGS (%) 373.7 335.0 380.4 419.9 466.9 442.6 390.0 225.0 EDT I GN! (%) 46.0 38.9 53.3 59.0 159.5 137.1 117.5 64.6 TDS I XGS (%) 37.0 30.2 70.5 42.6 16.4 37.9 29.5 20.7 lNT I XGS (%) 16.3 18.1 30.0 13.2 6.5 5.5 5,4 6.0 lNT IGNI(%) 2.0 2.1 4.2 1.9 2.2 1.7 1.6 1.7 RES f EDT (%) 10.0 16.2 17.1 9.4 7.0 8.5 11.6 24.6 RES f MGS (months) 5.7 5.5 6.3 4.3 5.3 5.7 5.8 7.5 Short -term f EDT (%) 16.8 21.7 19.2 13.0 10.0 13.8 16.2 16.9 Concessional / EDT (% ) 0.8 2.8 1.1 0.9 0.8 0.8 0.8 1.1 Multilateral f EDT (0/0) 8.0 9.5 11.0 11.6 11.1 9.8 9.6 13.6 39 ARGENTINA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOO) 48,676 70,997 114,031 120,070 121,384 128,281 127,922 85,477 Public and publicly guaranteed 46,876 54,930 88,122 88,442 92,905 99,894 104,111 61,952 Official creditors 11,226 20,674 20,484 21,192 21,284 21,348 21,465 20,300 Multilateral 5,007 9,373 16,235 17,890 16,727 16,381 16,271 15,542 Concessional 30 8 0 0 0 0 0 0 Bilateral 6,219 ll,301 4,248 3,301 4,557 4,967 5,194 4,758 Concessional 498 2,737 1,686 1,344 1,182 1,281 1,372 1,252 Private creditors 35,650 34,256 67,639 67,250 71,621 78,547 82,646 41,652 of which: Bonds 11,514 32,670 67,111 66,828 71,154 77,999 82,071 41,141 Commercial banks 22,631 1,181 490 404 450 532 560 498 Private nonguaranteed 1,800 16,066 25,909 31,628 28,479 28,387 23,811 23,525 Bonds 21 7,582 11, 138 9,834 9,834 9,834 6,091 5,896 Commercial banks and other 1,779 8,484 14,771 21,794 18,645 18,553 17,719 17,629 Memo: lBRD 2,609 4,913 8,789 9,440 8,513 7,508 7,447 6,881 IDA 0 0 0 0 0 0 0 0 Public sector LDOD 44,707 54,908 88,071 88,400 92,868 99,862 104,086 61,931 Private sector LDOD 3,969 16,088 25,961 31,670 28,516 28,419 23,836 23,545 DISBURSEMENTS 1,150 8,954 19,032 3,048 1,673 5,554 2,813 4,461 Public and publicly guaranteed 1,129 6,604 14,550 2,821 1,673 4,614 1,156 3,154 Official creditors 910 2,803 1,937 2,821 1,671 4,614 1,135 960 :\1 ullilatcral 736 1,936 1,923 2,811 835 4,613 1,1l2 956 Concessional 0 0 0 0 0 0 0 0 Bilateral 174 867 13 10 836 0 23 4 Concessional 149 630 11 9 0 0 23 4 Pri vale creditors 219 3,801 12,613 0 2 0 21 2,194 of which: Bonds 0 3,630 12,611 0 0 0 21 2,194 Commercial banks 183 110 2 0 2 0 0 0 Private nonguaranteed 21 2,350 4,482 227 0 940 1,656 1,307 Bonds 21 834 1,408 169 0 0 896 540 Commercial banks and other 0 1,516 3,075 58 0 940 760 767 Memo: lBRD 405 941 1,019 1,329 424 1,963 770 362 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 2,745 3,057 14,421 9,591 2,458 6,479 4,962 3,938 Public and publicly guaranteed 2,745 1,792 8,917 5,374 2,385 5,648 1,818 1,672 Official crediwrs 454 1,366 1,837 1,693 2,367 5,347 1,347 1,485 Multilateral 405 512 825 968 2,266 5,319 1,319 1,462 Concessional 2 2 I 0 0 0 0 0 Bilateral 49 854 1,012 724 101 28 29 23 Concessional 0 58 262 260 57 9 8 5 Private creditors 2,292 427 7,080 3,681 18 302 471 187 of which: Bonds 878 128 6,863 3,569 0 295 466 182 Commercial banks 1,342 173 188 94 13 5 4 4 Private nonguaranteed 1,265 5,503 4,217 73 831 3,143 2,266 Bonds Commercial banks and other ° 0 0 631 634 2,309 3,194 1,058 3,159 0 73 0 831 1,565 1,578 680 1,586 Memo: lBRD 233 259 538 676 1,353 2,968 832 928 IDA 0 0 0 0 0 0 0 0 INTEREST PAYMENTS (LINT) 2,208 4,322 9,681 3,405 1,230 1,270 1,550 2,268 Public and publicly guaranteed 2,064 3,437 7,640 2,174 1,174 1,152 702 1,560 Official creditors 456 1,375 1,589 1,477 1,078 1,006 665 748 Multilateral 375 617 1,256 1,208 1,006 983 660 744 Concessional I 0 0 0 0 0 0 0 Bilateral 81 758 334 268 71 22 5 4 Concessional 0 113 92 67 24 1 2 3 Private creditors 1,608 2,062 6,051 698 96 146 37 812 of which: Bonds 973 1,960 5,909 568 0 145 36 811 Commercial banks 621 72 137 127 95 1 1 0 Private nonguaranteed 144 885 2,041 1,231 56 lI8 848 708 Bonds 0 641 1,109 1,033 0 0 675 585 Commercial banks and other 144 244 932 198 56 118 173 122 Memo: lBRD 181 306 701 713 517 382 233 288 IDA 0 0 0 0 0 0 0 0 40 ARGENTINA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 24.3 27.9 31.2 32.3 34.0 Japanese yen 6.7 9.3 5.7 4.0 4.2 4.4 4.3 2.4 Pound sterling l.l 0.2 0.5 0.3 0.3 0.4 0.4 0.1 Swiss franc 2.2 1.6 0.4 0.3 0.4 0.4 0.4 0.4 U.S.dollars 54.5 57.7 61.2 66.2 62.6 59.5 59.0 58.1 Total amount rescheduled 932 248 0 0 0 0 0 20,136 Debt stock rescheduled 0 0 0 0 0 0 0 19524 Principal rescheduled 512 198 0 0 0 0 0 0 Official 381 158 0 0 0 0 0 0 Private 131 40 0 0 0 0 0 0 Interest rescheduled 420 50 0 0 0 0 0 0 Official 382 22 0 0 0 0 0 0 Private 38 29 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 11,510 Debt stock reduction 7,202 863 3,434 191 586 0 0 30,334 of which debt 1.232 0 2,745 0 0 0 0 0 Total change in debt stocks -3,024 23,636 1,746 6,648 -3,238 15,976 2.720 -55,173 Net flows on debt -1,856 21.962 4,326 -5.639 -1,910 -337 -4531 -3,048 valuation 1.346 -154 -2,797 -2,530 6,345 6,429 5.258 -6,454 ALL CREDITORS Interest (%) 6.4 6.9 9.9 5.9 3.4 3.5 2.8 4.6 Maturity (years) 17.1 11.2 11.7 14.4 11.7 11.9 16.7 9.4 Grace period (years) 3.5 4.7 11.5 4.2 4.6 3.8 4.3 3.4 Grant element (%) 19.3 14.1 -2.7 20.9 28.2 32.3 42.7 21.7 Official creditors Interes t (%) 6.5 6.5 7.2 5.9 3.4 3.5 2.8 3.9 Maturity (years) 19.2 16.3 18.2 14.4 11.7 11.9 16.7 17.6 Grace period (years) 4.0 4.7 4.8 4.2 4.6 3.8 4.3 4.7 Grant element (%) 20.6 19.7 17.2 20.9 28.2 32.3 42.7 37.4 Private creditors Interest (%) 6.0 7.4 10.0 0.0 0.0 0.0 0.0 4.7 Maturity (years) 8.4 4.8 11.6 0.0 0.0 0.0 0.0 8.1 Grace period (years) 1.3 4.6 11.6 0.0 0.0 0.0 0.0 3.2 Grant element 14.1 7.2 -3.0 0.0 0.0 0.0 0.0 19.1 2006 2007 2008 2009 2010 2011 2012 2013 TOTAL Principal 7,941 8,367 7,552 6,151 4,937 3,560 3,508 1,853 Interest 3,244 2,870 2,379 2,012 1,952 1,738 1,609 1,493 Official creditors Principal 3,052 3,308 2,752 1.792 1,668 1,420 1,235 1,027 Interest 1,005 849 667 549 467 390 321 262 Bilateral creditors Principal 732 648 507 97 57 57 25 16 Interest 123 83 40 13 8 5 2 1 Multilateral creditors Principal 2,320 2.661 2,245 1.695 1,611 1,362 1,210 1.011 Interest 883 766 627 536 459 385 319 261 Private creditors Principal 4,889 5,058 4,800 4,359 3,268 2,140 2,273 826 Interest 2,239 2,022 1,712 1,463 1,485 1,348 1.288 1,231 Notes: Provincial debt. long-term private nonguaranteed debt data are World Bank staff estimates. Historical data revisions are due to the reversing process of converting to US$ the debt that was previously converted to Argentina Pesos. Includes the effects of June 2005 Bond restructuring. 41 ARMENIA (US$ million, unless othen"ise indicated) 1995 2000 2001 2002 1.SUMMA.RY D~ "AlA TOTAL DEBT STOCKS (EDT) 371 916 1,054 1,386 1,770 1,873 1,861 Long-term debt (LDOD) 298 697 840 971 US! 1,245 1,386 Public and publicly guaranteed 298 675 716 818 877 961 923 Pri vate nonguaranteed 0 21 124 152 274 285 464 Use of IMF credit 70 175 173 195 215 218 176 Short-term debt 2 44 42 220 404 410 298 of which interest arrears on LDOD 1 6 6 0 0 0 0 Official creditors I 6 6 0 0 0 0 Pri vate creditors 0 0 0 0 0 0 () Memorandum items Principal arrears on LDOD 75 4 12 0 0 0 0 Official creditors 75 4 12 0 0 () () Pri vate creditors 0 0 () 0 0 0 0 TOTAL DEBT FLOWS Disbursements 148 84 96 147 247 163 196 Long-term debt \02 84 83 121 219 135 186 lMF purchases 46 0 13 26 28 28 10 Principal repayments 3 31 33 51 88 116 104 Long-term debt 3 15 24 33 62 81 69 lMF repurchases 0 16 9 18 26 35 34 Net flows on debt 147 42 61 279 343 53 -20 of which short-term debt I -11 -2 184 184 6 -112 Interest payments (INT) 8 15 21 34 36 59 35 Long-term debt 7 9 18 28 26 46 23 lMF charges 2 3 2 I I I I Short-term debt 0 2 I 4 9 12 11 Net transfers on debt 138 28 39 245 307 -6 -55 Total debt service paid (TDS) 11 46 55 85 124 175 138 Long-term debt \0 25 42 61 88 127 92 IMF repurchases and charges 2 19 11 20 28 36 35 Short-term debt (interest only) 0 2 I 4 9 12 II A~~"AT,tNETUSOURCJl.Fl-OWS·A~ NETT~~t1tONG-T~RlW NET RESOURCE FLOWS 216 235 173 269 331 336 460 Net flow of long-term debt (ex. 1\1F) 100 69 59 88 157 54 117 Foreign direct investment (net) 25 104 70 III 121 219 258 Portfolio equity flows 0 0 I 0 0 1 1 Grants (excluding technical coop.) 91 61 44 71 53 62 83 Memo: technical coop. grants 39 94 88 123 94 98 85 NET TRANSFERS 209 203 152 228 270 152 266 Interest on long-term debt 7 9 18 28 26 46 23 Profit remittances on FDI 0 22 4 13 35 l39 170 tt MA,lOBE(:;ONOM{C4GGUG;ATES Gross national income (GNI) 1,466 1,964 2,182 2,464 2,902 3,613 4,948 Exports of goods, servo & inc. (XGS) 366 560 654 844 1,079 1,327 1,749 Worker remit. & comp, of employees 65 87 94 131 686 813 940 Imports of goods & services (MGS) 741 1,017 1,017 1,155 1,477 1.788 2,305 International reserves (RES) III 314 330 431 502 548 669 Current account balance -218 -278 -200 -148 -189 -162 -193 4. DE.tlND1CA.'l'O.RS EDT IXGS (%) 101.1 163.7 161.3 164.1 164.0 141.2 106.4 EDT IGNI (%) 25.3 46,6 48.3 56.2 61.0 51.8 37.6 TDS I XGS (%) 3.1 8.2 8.3 10.0 11.5 13.2 7.9 !NT I XGS (%) 2.3 2.6 3.2 4.0 3.3 4.5 2.0 [lI,i I GNI (o/c) 0.6 0.7 1.0 1.4 1.2 1.6 0.7 RES I EDT (%) 30.0 34,3 31.3 31.1 28.4 29.2 36.0 RES I MGS (months) 1.8 3.7 3.9 4.5 4.1 3,7 3.5 Short-term I EDT (%) 0.6 4.8 4.0 15.9 22,8 21.9 16.0 Concessionall EDT (%) 28.6 50.1 48.5 46.2 44.9 49.4 48.4 Multilateral! EDT (%) 56.1 52.9 50.3 44.8 42.2 45.3 43.4 42 ARMENIA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 ;I:L~"TEltMI)EB!fJ DEBT O1.JTSTANDING (LDOD) 298 697 840 971 1,151 1,245 1,386 Public and publicly guaranteed 298 675 716 818 877 961 923 Official creditors 298 658 698 808 875 959 921 Multilateral 208 485 530 621 747 848 808 Concessional 91 407 448 556 697 815 787 Bilateral 90 173 168 187 128 III 113 Concessional IS 52 63 84 97 III 113 Private creditors 0 17 17 11 2 1 1 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 5 5 0 0 0 0 Private nonguaranteed 0 21 124 152 274 285 464 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 21 124 152 274 285 464 Memo: lBRD 5 8 7 8 8 8 6 IDA 91 388 428 530 662 773 746 Public sector LOOD 298 675 716 818 877 961 923 Private sector LDOD 0 21 124 152 274 285 464 DISBURSEMENTS 102 84 83 121 219 135 186 Public and publicly guaranteed 102 63 83 89 91 94 50 Official creditors 102 62 83 88 91 94 50 Multilateral 102 58 71 72 84 83 37 Concessional 88 56 58 70 84 83 37 Bilateral 0 4 12 15 6 11 14 Concessional 0 4 12 15 6 11 14 Pri vale creditors 0 1 0 2 0 0 0 of which: Bonds 0 0 0 0 0 0 0 Cormnercial banks 0 0 0 0 0 0 0 Private nonguaranteed 0 21 0 31 128 41 136 Bonds 0 0 0 (J 0 0 0 Commercial banks and other 0 21 0 31 128 41 136 Memo: lBRD 3 (J 0 0 () (J 0 IDA 88 54 55 66 77 78 34 PRINCIPAL REPAYMENTS 3 15 24 33 62 81 69 Public and publicly guaranteed 3 15 24 30 55 51 16 Official creditors 3 13 24 24 46 51 16 Multilateral 0 8 8 22 18 18 14 Concessional 0 0 () 0 0 I 3 Bilateral 3 5 16 2 28 33 2 Concessional 0 3 (J I 2 2 2 Private creditors (J 2 (J 6 9 I 0 of which: Bonds 0 0 (J (J () (J 0 Commercial banks 0 () 0 5 () (J (J Private nonguaranteed 0 0 0 3 7 30 53 Bonds () 0 (J 0 (J (J 0 Commercial banks and other 0 (J 0 3 7 3(J 53 Memo: IBRD (J 0 0 0 1 1 IDA (J 0 (J 0 0 3 INTEREST PAYMENTS (LINT) 7 9 18 28 26 46 23 Public and publicly guaranteed 7 9 17 19 10 8 9 Official creditors 7 9 16 18 10 8 9 Multilateral 7 8 8 7 7 7 8 Concessional (J 3 3 4 4 6 6 Bilateral 0 1 8 11 4 1 2 Concessional 0 I 1 I 1 I I Private creditors (J 0 I 0 (J 0 0 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 0 1 0 (J (J 0 Private nonguaranteed 0 0 1 10 16 37 14 Bonds 0 0 (J 0 (J 0 0 Commercial banks and other 0 0 I 10 16 37 14 Memo: IBRD (J 0 (J 0 0 0 (J IDA (J 3 3 3 4 6 6 43 ARMENIA (US$ million, unless othery,;ise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 5.4 5.9 7.5 7.6 8.0 Japanese yen 0.0 0.0 0.1 0.2 0.2 0.2 0.2 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 62.6 93.3 92.4 92.1 90.5 87.7 86.3 Total amount rescheduled 0 14 0 9 0 0 0 Debt stock rescheduled 0 0 0 10 0 0 0 Principal rescheduled 0 14 0 0 0 0 0 Official 0 14 0 0 0 0 0 Private 0 0 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 Debt forgiven 0 0 0 2 0 0 0 Memo: interest forgiveu 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 46 0 0 of which debt buyback 0 0 0 0 0 0 0 Total change in debt stocks 156 15 138 331 384 103 -12 Net flows on debt 147 42 61 279 343 53 -20 Cross-currency valuation -6 -31 -24 58 84 49 -86 ALL CREDITORS Interest (%) 1.3 0.8 0.8 0.8 0.8 0.8 0.8 Maturity (years) 32.6 35.7 36.0 38.0 39.7 39.4 39.6 Grace period (years) 9.2 10.2 9.4 10.3 10.4 10.2 10.0 Grant element (%) 72.4 79.1 74.7 80.0 80.7 80.3 79.9 Official creditors Interest (%) 1.3 0.8 0.7 0.8 0.8 0.8 0.8 Maturity (years) 32.6 35.7 36.3 38.0 39.7 39.4 39.6 Grace period (years) 9.2 10.2 9.5 10.3 10.4 10.2 10.0 Grant element (%) 72.4 79.1 75.4 80.0 80.7 80.3 79.9 Private creditors Interest (%) 0.0 0.0 10.0 0.0 0.0 0.0 0.0 Maturity (years) 0.0 0.0 1.0 0.0 0.0 0.0 0.0 Grace period (years) 0.0 0.0 1.0 0.0 0.0 0.0 0.0 Grant element (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2006 2007 2008 2009 2010 TOTAL Principal 107 107 97 94 92 74 44 26 Interest 18 17 [5 13 [2 10 9 9 Official creditors Principal 21 20 18 20 22 24 25 26 Interest 10 10 10 10 10 10 9 9 Bilateral creditors Principal 6 6 6 5 6 6 6 6 Interest 3 3 3 3 3 3 3 3 Multilateral creditors Principal 15 15 12 14 16 18 19 20 Interest 7 7 7 7 7 7 7 6 Private creditors Principal 86 87 79 74 70 50 19 0 Interest 8 7 5 4 2 0 0 0 Notes: In 1993, $30.8 million of technical credits were rescheduled with the Russian Federation, and in 1996, $34.0 million were rescheduled with bilateral creditors. 44 AZERBAQAN (US$ million. unless otherwise indicated) TOTAL DEBT STOCKS (EDT) 321 1,352 1,299 1,499 1,746 1,982 1,881 Long-term debt (LDOD) 206 860 901 1,138 1,384 1,636 1,531 Public and publicly guamnteed 206 761 806 1,065 1,307 1,406 1,344 Pri vate non guaranteed 0 99 95 72 76 230 187 Use of IMF credit 101 336 295 279 259 208 164 Short-term debt 14 156 103 82 103 138 186 of which interest arrears on LDOD 6 0 0 0 0 0 0 Official creditors 6 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 36 0 0 0 0 0 0 Official creditors 36 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 205 280 142 268 272 331 251 Long-term debt 102 280 132 258 236 331 232 IMF purchases 103 0 10 10 36 0 19 Principal repayments 0 74 93 145 192 213 201 Long-term debt 0 22 53 96 113 153 153 IMF repurchases 0 51 39 49 79 60 48 Net flows on deht 207 333 -4 102 101 154 98 of which short-term debt 2 127 -53 -20 21 35 48 Interest payments (INT) 10 56 39 25 24 27 37 Long-term debt 9 37 24 16 18 21 28 IMFchargcs 1 14 10 6 3 3 2 Short-term debt 0 5 5 4 3 4 6 Net transfers on debt 197 277 -44 77 77 127 61 Total debt service paid (TDS) 10 130 132 171 216 240 237 Long-term debt 9 59 77 112 131 174 180 IMF repurchases and charges 1 65 50 55 82 62 51 Short-term debt (interest only) 0 5 5 4 3 4 6 NET RESOURCE FLOWS 493 438 353 1,620 3,462 3,794 1,852 Net flow oflong-term debt (ex. IMp) 102 258 78 161 124 178 79 Foreign direct investment (net) 330 130 227 1.392 3,285 3,556 1,680 Portfolio equity flows 0 0 0 0 0 0 0 Grants (excluding technical coop.) 61 50 48 66 53 59 93 Memo: technical coop. grants 28 30 42 75 69 70 75 NET TRANSFERS 484 84 0 1,248 3,021 3,192 242 Interest on long-term debt 9 37 24 16 18 21 28 Profit remittances on FDI 0 317 329 356 422 581 1,582 Gross national income (GNI) 3,035 4,977 5,375 5,850 6,833 7,980 10,963 Exports of goods, servo & inc. (XGS) 795 2,231 2.514 2,867 3,263 4,492 9,024 Worker remit. & compo of employees 3 57 104 181 171 227 693 Imports of goods & services (MGS) 1,306 2,415 2,539 3.543 5,264 7,078 8,850 International reserves (RES) 121 680 725 720 803 1.075 1.178 Current account balance -401 -168 -52 -768 -2,021 -2.589 167 EDT IXGS (%) 40.4 60.6 51.7 52.3 53.5 44.1 20.8 EDT/GNI(%) 10.6 27.2 24.2 25.6 25.5 24.8 17.2 IDS I XGS (%) 1.3 5.8 5.3 5.9 6.6 5.3 2.6 !NT IXGS (%j 1.3 2.5 1.6 0.9 0.7 0.6 0.4 !NT I Gl\'I (%) 0.3 1.1 0.7 0.4 0.4 0.3 0.3 RES/EDT(%) 37.7 50.3 55.8 48.1 46.0 54.2 62.6 RES I MGS (months) 1.1 3.4 3.4 2.4 1.8 1.8 1.6 Short-term / EDT (%) 4.4 11.6 7.9 5.5 5.9 7.0 9.9 Concessionall EDT (%) 9.4 29.4 35.4 46.1 53.8 57.7 60.2 Multilateral I EDT (%) 30.8 24.0 26.7 29.1 32.7 32.5 34.0 45 AZERBAIJAN (US$ million, unless othenvise indicated) 2000 DEBT OUTSTANDING (LDOD) 206 860 901 1,138 1,384 1,636 1,531 Public and publicly guaranteed 206 761 806 1,065 1,307 1,406 1,344 Official creditors 206 649 717 944 1,199 1,314 1,283 Multilateral 99 324 347 435 571 644 640 Concessional 30 232 254 336 456 533 543 Bilateral 107 324 371 508 628 670 643 Concessional 0 166 206 355 484 610 591 Private creditors 0 113 88 121 108 91 62 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 65 52 98 97 89 61 Private nonguaranteed 0 99 95 72 76 230 187 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 99 95 72 76 230 187 Memo: lBRD 0 0 0 0 0 0 0 IDA 30 216 235 314 422 493 501 Public sector LDOD 206 761 806 1,065 1,307 1,406 1,344 Private sector LooD 0 99 95 72 76 230 187 DISBURSEMENTS 102 280 132 258 236 331 232 Public and publicly guaranteed 102 274 124 256 183 97 107 Official creditors 102 210 124 205 183 97 107 Multilateral 90 57 42 76 98 64 58 Concessional 30 34 32 60 84 54 54 Bilateral 13 153 82 130 85 34 49 Concessional 0 86 68 130 85 34 49 Private creditors 0 64 1 51 0 0 0 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 38 1 51 0 0 0 Private nonguaranteed 0 6 7 2 54 234 124 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 6 7 2 54 234 124 Memo: lBRD 0 0 0 0 0 0 0 IDA 30 27 28 57 75 49 48 PRINCIPAL REPAYMENTS 0 22 53 96 113 153 153 Public and publicly guaranteed 0 15 44 62 63 60 55 Official creditors 0 13 22 30 34 36 37 Multilateral 0 9 10 11 14 16 19 Concessional 0 1 0 0 0 0 3 Bilateral 0 4 12 20 19 20 19 Concessional 0 0 4 9 10 l\ 11 Private creditors 0 2 22 32 29 24 18 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 0 12 19 16 16 16 Private nonguaranteed 0 7 10 34 50 93 97 Bonds 0 0 0 0 0 0 0 Commercial hanks and other 0 7 to 34 50 93 97 Memo: lBRD 0 0 0 0 0 0 0 IDA 0 0 0 0 0 0 2 INTEREST PAYMENTS (LINT) 9 37 24 16 18 21 28 Public and publicly guaranteed 9 32 19 13 15 17 21 Official creditors 9 31 16 11 12 15 19 Multilateral 2 7 8 6 6 9 10 Concessional 0 2 2 2 3 5 5 Bilateral 7 24 8 5 6 6 10 Concessional 0 24 2 3 4 5 7 Private creditors 0 I 3 2 3 2 2 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 0 I I 2 2 I Private nonguaranteed 0 5 5 3 3 4 7 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 5 5 3 3 4 7 Memo: lBRD 0 0 0 0 0 0 0 IDA 0 2 2 2 2 4 4 46 AZERBAUAN (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 .·.:·ii.~Ncy(j~rol'io,jv"~lC·~'t$J!JQ.j~tii\:~_»~~~):; Euro 3.9 3.5 3.8 4.2 4.4 Japanese yen 0.0 20.1 23.2 30.1 32.7 30.7 27.8 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 6.3 4.6 8.6 7.2 6.2 4.5 U.S.dollars 51.4 66.7 65.0 54.2 52.0 53.9 57.6 ,,·I)DTU$1?tU~·.:·.·. :';\:<,:,;'" Total amount rescheduled 0 0 0 0 0 87 0 Debt stock rescheduled 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 0 0 75 0 Official 0 0 0 0 0 75 0 Private 0 0 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 of which debt buyback 0 0 0 0 0 0 0 ;::~i:~:~O;~ ;~;,,~;:,) .. ······8.;.Itf$.T~m~.f;u~1iO~·· Total change in debt stocks 208 279 -53 200 247 236 -101 Net flows on debt 207 333 -4 102 101 154 98 Cross-currency valuation -7 -43 -44 80 119 60 -130 > :.9.A:\1~~~U~O.,.'W~e.~Nr8·,; ,0 '~~\/::iiBLIe~p{jJ~dY:tW~_~»Ej~·~; Euro 0.5 0.6 0.7 0,6 0.5 Japanese yen 24.8 25,9 20.4 18.4 17.5 17.0 16,0 14.2 Pound sterling 5,0 3,5 3,0 3.0 2.6 2.3 2.0 2.1 Swiss franc 0,1 0.0 0.0 0,0 0.0 0,0 0,0 0.0 U.S.dollars 48,1 41.9 44.7 47.8 48.1 50.1 50.1 51.5 7. J)E81'RESTIlU(:!,tmNGS Total amount rescheduled 0 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 103 146 0 Memo: interest forgiven 0 0 0 0 0 13 16 0 Debt stock reduction 0 0 0 0 0 0 0 0 of which debt buyback 0 0 0 0 0 0 0 0 i8iJ)EB"STOC~.FLOW QCONClLlATlON Total cbange in debt stocks 1,593 304 -850 467 1,796 1,727 1,355 -1,194 Net flows on debt S13 171 370 562 412 514 784 388 Cross-currency valuation 925 -244 -1,087 -1,042 1,162 1,543 691 -1,610 '~Av:ERAG~~OFNEWOO~ ALL CREDITORS Interest (%) 1.8 1.9 2,6 2.0 1.4 1.2 1.0 1.7 Maturity (years) 34.1 38.2 24.9 26.2 33.6 31.9 36.3 33,7 Grace period (years) 9,2 10.0 6.8 6.5 8.5 8.3 9.5 8,7 Grant element ('Yo) 68.5 69.5 54.2 57.4 70,6 70,3 76,0 68.1 Official creditors Interest ('Yo) l.l 1.9 2.4 1.2 1.3 1.2 1.0 1.7 Maturity (years) 37.6 38.2 28.2 31.9 33.9 32.1 36.4 33.S Grace period (years) 10.2 10.0 7.4 8.2 8.6 8.4 9.5 8,8 Grant element ('Yo) 76.1 69,5 59,2 6S.7 71.2 70.8 76,3 68,3 Private creditors Interest (%) 5.4 0,0 3.3 3,6 3.3 2.7 3.0 4.9 Maturity (years) 14.1 0,0 13.0 14,0 15.5 4.7 17.3 10,8 Grace period (years) 3.5 0.0 4,8 3,2 3.1 1.5 5.8 1.3 Grant element (%) 25.0 0,0 36.4 33,6 37.2 19,3 45.0 20,7 , .·lO,~~~~;.Q.LlGATlON80N Om'~TANP_l<~~~tmwDEBT'··. 2006 2007 2008 2009 2010 TOTAL Principal 883 818 858 1133 845 859 870 878 Interest 209 222 224 220 213 204 193 181 Official creditors Principal 641 696 745 753 764 778 792 810 Interest 187 202 206 205 201 195 186 177 Bilateral creditors Principal 329 328 324 292 271 250 236 226 Interest 49 46 43 39 35 31 28 24 Multilateral creditors Principal 312 368 421 461 494 528 556 584 Interest 138 156 163 167 166 163 159 153 Private creditors Principal 241 122 113 80 81 81 78 68 Interest 22 20 18 15 12 10 7 4 Notes: 50 BARBADOS (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 :l.SUMMAaYD:~iJn DATA TOTAL DEBT STOCKS (EDT) 683.0 473.8 548.2 700.7 712.2 721.2 702.5 660.0 Long-term debt (LDOD) 504.1 371.5 548.2 700.7 712.2 721.2 702.5 660.0 Public and publicly guaranteed 504,1 371,5 548,2 700,7 712.2 721.2 702.5 660.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Use of IMF credit 0.7 37.1 0.0 0.0 0.0 0.0 0.0 0.0 Short-term debt 178.1 65.2 0.0 0.0 0.0 0.0 0.0 0.0 of which interest arrears on LDOD 0.2 0.2 0.0 0.0 0.0 0.0 0.0 0.0 Official creditors 0.2 0.2 0.0 0.0 0.0 0.0 0.0 0.0 Private creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memorandum items Principal arrears on LDOD 0.7 0.8 0.0 0.0 0.0 0.0 0.0 0.0 Official creditors 0.7 0.8 0.0 0.0 0.0 0.0 0.0 0.0 Private creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 TOTAL DEBT FLOWS Disbursements 90.6 54.6 125.3 183.0 35.6 32.0 17.4 22.6 Long-term debt 90.6 54.6 125.3 183.0 35.6 32.0 17.4 22.6 IMF purchases 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal repayments 92.2 76.9 22.3 24.3 37.4 38.7 45.2 54.7 Long-term debt 88.4 58.8 22.3 24.3 37.4 38.7 45.2 54.7 IMF repurchases 3.8 18.0 0.0 0.0 0.0 0.0 0.0 0.0 Net flows on debt 18.8 -147.2 103.0 158.7 -1.8 -6.7 -27.8 -32.1 of which short -term debt 20.4 -125.0 0.0 0.0 0.0 0.0 0.0 0.0 Interest payments (INT) 48.6 37.7 40.0 44.2 45.6 45.0 42.6 41.6 Long-term debt 39.3 27.2 40.0 44.2 45.6 45.0 42.6 41.6 IMF charges 0.4 2.8 0.0 0.0 0.0 0.0 0.0 0.0 Short-term debt 8.9 7.7 0.0 0.0 0.0 0.0 0.0 0.0 Net transfers on debt -29.8 -184.9 63.1 114.5 -47.4 -51.6 -70.4 -73.7 Total debt service paid (TDS) 140.7 114.5 62.2 68.5 83.0 83.7 87.8 96.3 Long-term debt 127.7 86.0 62.2 68.5 83.0 83.7 87.8 96.3 IMF repurchases and charges 4.1 20.9 0.0 0.0 0.0 0.0 0.0 0.0 Short-term debt (interest only) 8.9 7.7 0.0 0.0 0.0 0.0 0.0 0.0 '.. 1~~GATENltlmB()\JRC5WW.sAND.NETT~~lW§~~. , ", >~"~, ,~, ~~,~ "~~ <~~ ~, ' ,8_', >'", " , ' '3,', ,',o,~' ",,'~,,, -'~ ~ NET RESOURCE FLOWS 14.6 8.8 124.0 177.9 18.0 148.1 -36.3 27.4 Net flow of long-term debt (ex. IMF) 2.1 -4.2 103.0 158.7 -1.8 -6.7 -27.8 -32.1 Foreign direct investment (net) 11.2 11.8 19.4 18.6 17.4 58.3 -12.1 62.0 Portfolio equity flows 0.0 0.0 0.0 0.0 1.1 94.7 0.3 -4.8 Grants (excluding technical coop.) 1.3 1.2 1.5 0.7 1.3 1.8 3.3 2.4 Memo: technical coop. grants 2.4 1.9 1.2 3.4 2.8 2.2 2.3 5.2 NET TRANSFERS -33.8 -25.3 67.0 115.4 -46.5 82.2 -155.0 -95.7 Interest on long-term debt 39.3 27.2 40.0 44.2 45.6 45.0 42.6 41.6 Profit remittances on FDI 9.1 6.8 17.0 18.4 18.9 20.9 76.1 81.5 .3.~ORJj!C~NOMtC A~~UdAr.s. .. Gross national income (GND 1699.9 1809.2 2462.9 2441.4 2360.8 2572.8 2686.3 2943.6 Exports of goods, servo & inc. (XGS) 928.9 1202.7 1530.9 1512.9 1459.8 1601.6 1692.3 2051.6 Worker remit. & camp. of employees 38.0 53.0 102.0 118.0 109.0 114.0 109.0 140.0 Imports of goods & services (MGS) 953.5 1150.4 1670.1 1617.1 1620.3 1766.5 2017.0 2400.8 International reserves (RES) 117.5 219.1 472.7 690.4 668.5 737.9 579.9 603.5 Current account balance -7.8 43.6 -145.0 -110.6 -167.6 -169.1 -336.6 -385.0 .. 4;HIJT lNDICA:r~DS EDT / XGS (%) 73.5 39.4 35.8 46.3 48.8 45.0 41.5 32.2 EDT/GNI(%) 40.2 26.2 22.3 28.7 30.2 28.0 26.2 22.4 TDS/XGS (%) 15.1 9.5 4.1 4.5 5.7 5.2 5.2 4.7 INT / XGS (%) 5.2 3.1 2.6 2.9 3.1 2.8 2.5 2.0 INT /GNI(%) 2.9 2.1 1.6 1.8 1.9 1.7 1.6 1.4 RES/EDT(%) 17.2 46.2 86.2 98.5 93.9 102.3 82.5 91.4 RES / MGS (months) 1.5 2.3 3.4 5.1 5.0 5.0 3.4 3.0 Short-term / EDT (%) 26.1 13.8 0.0 0.0 0.0 0.0 0.0 0.0 Concessi anal / EDT (%) 13.2 11.6 16.0 12.3 13.5 14.2 14.3 14.9 Multilateral/EDT (%) 26.5 34.0 49.4 39.2 41.2 43.0 42.8 41.7 51 BARBADOS (US$ million, unless otherwise indicated) 2000 DEBT OUTSTANDING (LDOD) 504.1 371.5 548.2 700.7 712.2 721.2 702.5 660.0 Public and publicly guaranteed 504.1 371.5 548.2 700.7 712.2 721.2 702.5 660.0 Official creditors 246.0 186.0 356.1 358.8 376.7 392.8 382.4 345.7 Multilateral 180,9 160.9 271.1 274.7 293.3 310.1 300.5 275.2 Concessional 56.8 46.0 83.0 81.7 92.3 98.8 97.3 95.3 Bilateral 65.1 25.2 85.0 84.1 83.4 82.6 81.9 70.5 Concessional 33.7 8.7 4.8 4.3 4.0 3.6 3.3 3.0 Private creditors 258.2 185.5 192.1 341.9 335.5 328.4 320.1 314.3 of which: Bonds 69.2 78.9 140.0 290.0 280.0 270.0 260.0 250.0 Commercial banks 163.1 104.2 44.8 43.5 48.4 53.5 57.9 64.3 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 36.0 19.3 13.9 11.2 9.8 11.5 11.5 11.0 IDA 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Public sector LDOD 499.5 371.3 548.2 700.7 712.2 721.2 702.5 660.0 Private sector LDOD 4.6 0.2 0.0 0.0 0.0 0.0 0.0 0.0 DISBURSEMENTS 90.6 54.6 125.3 183.0 35.6 32.0 17.4 22.6 Public and publicly guaranteed 90.6 54.6 125.3 183.0 35.6 32.0 17.4 22.6 Official creditors 33.9 14.6 19.3 29.0 34.0 31.4 17.3 16.2 Multilateral 21.9 12.9 19.3 29.0 32.0 31.4 17.3 16.2 Concessional 1.7 0.3 5.7 2.6 15.1 11.7 7.4 10.2 Bilateral 12.1 1.7 0.0 0.0 2.0 0.0 0.0 0.0 Concessional 2.5 0.4 0.0 0.0 0.0 0.0 0.0 0.0 Private creditors 56.6 40.0 106.0 153.9 1.6 0.6 0.1 6.4 of which: Bonds 0.0 40.0 100.0 150.0 0.0 0.0 0.0 0.0 Commercial banks 56.6 0.0 0.0 0.0 0.0 0.0 0.0 6.4 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 5.4 3.5 0.0 0.0 0.7 3.6 1.9 1.5 IDA 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 PRINCIPAL REPAYMENTS 88.4 58.8 22.3 24.3 37.4 38.7 45.2 54.7 Public and publicly guaranteed 88.4 58.8 22.3 24.3 37.4 38.7 45.2 54.7 Official creditors 17.8 21.4 21.7 21.4 24.5 25.9 32.4 42.5 Multilateral 13.2 16.3 20.0 20.5 21.8 25.1 31.6 31.1 Concessional 2.2 3.7 4.1 3.9 4.6 5.2 9.4 11.4 Bilateral 4.6 5.1 1.7 0.9 2.7 0.7 0.7 1l.5 Concessional 0.9 1.7 0.4 0.5 0.3 0.3 0.3 0.3 Private creditors 70.6 37.4 0.6 2.9 12.9 12.9 12.9 12.2 of which: Bonds 44.1 5.3 0.0 0.0 10.0 10.0 10.0 10.0 Commercial banks 20.2 27.2 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo; IBRD 7.1 4.7 3.0 2.6 2.1 1.9 1.9 1.9 IDA 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 INTEREST PAYMENTS (LINT) 39.3 27.2 40.0 44.2 45.6 45.0 42.6 41.6 Public and publicly guaranteed 39.3 27.2 40.0 44.2 45.6 45.0 42.6 41.6 Official creditors 14.4 12.4 25.7 23.4 19.0 18.9 16.9 17.1 Multilateral 11.5 lOA 17.6 16.4 14.3 14.8 13.0 12.0 ConcessionaJ 1.6 1.4 3.9 2.3 2.2 2.4 2.4 2.2 Bilateral 2.9 1.9 8.1 7.0 4.7 4.1 3.9 5.1 Concessional 004 0.2 0.0 0.0 0.0 0.0 0.0 0.0 Private creditors 24.9 14.9 14.2 20.8 26.6 26.0 25.7 24.5 of which: Bonds 8.1 3.1 8.5 15.3 20.8 19.7 18.7 17.7 Commercial banks 15.5 11.3 5.5 5.3 5.6 6.1 6.9 6.8 Private nonguaranteed 0,0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 2.9 1.6 1.4 1.3 0.9 0.7 0.6 0.5 IDA 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 52 BARBADOS (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Ruro 0.0 0.0 0.0 0.0 0.0 Japanese 13.7 10.5 0.0 0.0 0.0 0.0 0.0 0.0 Pound 13.6 12.6 8.2 6.2 6.8 7.4 8.2 9.7 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 35.3 36.8 65.3 72.4 70.9 69.0 68.9 68.4 Total amount rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt stock rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Interest rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt forgiven 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: interest forgiven 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt stock reduction 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which debt 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Total change in debt stocks -143.5 104.3 152.5 11.4 9.1 -1&.7 -42.5 Net flows on debt -147.2 103.0 158.7 -1.8 -6.7 -27.8 -32.1 0.7 2.8 -6.9 12.6 14.3 8.8 -13.6 ALL CREDITORS Interest (%) 10.2 10.0 5.7 7.0 5.4 0.0 0.0 0.0 Maturity (years) 18.6 10.8 9.9 19.7 20.0 0.0 0.0 0.0 Grace period (years) 15.3 6.2 9.1 17.9 5.0 0.0 0.0 0.0 Grant element (%) -5.5 -1.1 24.3 24.2 29.9 0.0 0.0 0.0 Otlicial creditors Interest (%) 6.5 6.3 0.0 5.2 5.4 0.0 0.0 0.0 Maturity (years) 15.4 18.1 0.0 17.5 20.0 0.0 0.0 0.0 Grace period (years) 4.9 3.6 0.0 4.5 5.0 0.0 0.0 0.0 Grant element (%) 21.7 20.9 0.0 29.0 29.9 0.0 0.0 0.0 Private creditors Interest (%) 11.7 10.4 5.7 7.3 0.0 0.0 0.0 0.0 Maturity (years) 19.8 10.0 9.9 20.0 0.0 0.0 0.0 0.0 Grace period (years) 19.3 6.5 9.1 20.0 0.0 0.0 0.0 0.0 Grant element (%) -16.1 -3.6 24.3 23.4 0.0 0.0 0.0 0.0 2006 2007 2008 2009 2010 TOTAL Principal 60.5 57.7 57.3 34.6 132.4 28.6 27.7 26.7 Interest 43.3 41.2 38.7 36.4 33.2 27.9 26.7 25.5 Official creditors Principal 60.5 57.7 57.3 34.6 32.4 28.6 27.7 26.7 Interest 18.4 16.3 13.& 11.5 10.3 9.0 7.8 6.6 Bilateral creditors Principal 22.2 22.2 22.2 0.8 0.8 0.5 0.5 0.5 Interest 5.2 3.5 1.7 0.3 0.2 0.1 0.1 0.0 Multilateral creditors Principal 38.3 35.6 35.1 33.8 31.7 28.1 27.2 26.2 Interest 13.2 12.7 12.1 11.2 10.1 8.9 7.7 6.6 Private creditors Principal 0.0 0.0 0.0 0.0 100.0 0.0 0.0 0.0 Interest 24.9 24.9 24.9 24.9 22.9 18.9 18.9 18.9 Notes: Data on long-term public and publicly guaranteed debt for 200S are based on World Bank Staff estimates. 53 BELARUS (US$ million, unless othelWise indicated) 1995 2000 2001 TOTAL DEBT STOCKS (EDT) 1,694 2,140 2,335 2,898 3,232 4,028 4,734 Long-term debt (LDOD) 1,302 787 945 1,213 1,231 1,083 1,231 Public and publicly guaranteed 1,301 689 664 749 710 744 783 PIivate nonguaranteed 0 98 281 465 521 339 448 Use of IMF credit 283 114 81 56 26 9 0 Short-term debt 110 1,239 1,309 1,629 1,975 2,936 3,503 of which interest arrears on LooD 19 14 5 1 2 0 I Official creditors 0 12 2 0 2 0 0 Private creditors 19 2 2 I 0 0 1 Memorandum items Principal arrears on LOOD 140 29 10 I 19 I 37 Official creditors 0 28 8 0 19 0 0 Private creditors 140 I 2 I 0 I 37 TOTAL DEBT FLOWS Disbursements 441 249 369 450 259 308 646 Long-term debt 258 249 369 450 259 308 646 IMF purchases 182 0 0 0 0 0 0 Principal repayments 108 261 219 279 332 257 519 Long -term debt 108 206 189 249 299 240 510 IMF repurchases 0 56 30 30 33 17 9 Net flows on debt 369 -89 230 494 181 1,013 694 of which short-term debt 36 -76 80 324 254 963 566 Interest payments (INT) 74 107 120 90 87 115 160 Long-term debt 59 39 59 37 33 41 50 IMF charges 10 7 5 2 1 0 0 Short-term debt 4 61 57 51 54 74 III Net transfers on debt 295 -196 109 404 94 899 533 Total debt service paid (TDS) 182 369 339 369 419 372 679 Long-term debt 167 244 248 286 332 281 560 IMF repurchases and charges 10 63 34 32 34 18 9 Short-term debt (interest only) 4 61 57 51 54 74 III NET RESOURCE FLOWS 301 189 300 468 153 252 470 Net flow of long-term debt (ex. IMF) 150 43 180 201 -40 68 136 Foreign direct investment (net) 15 119 96 247 172 164 305 Portfolio equity flows 0 1 3 I 3 I I Grants (excluding technical coop.) 136 27 22 19 18 21 28 Memo: technical coop. grants 27 14 19 24 18 26 28 NET TRANSFERS 242 146 228 404 83 136 285 Interest on long-term debt 59 39 59 37 33 41 50 Profit remittances on FDI 0 5 13 27 38 76 135 Gross national income (GNT) 13,922 12,684 12,312 14,565 17,801 23,123 29,581 Exports of goods. servo & inc. (XGS) 5,300 7,666 8,503 9,350 11,702 15,847 18,352 Worker remit. & compo of employees 29 139 149 141 222 256 370 Imports of goods & services (MGS) 5,805 8,160 9,060 9,870 12,351 17,344 18,087 International reserves (RES) 377 350 391 687 637 837 1.342 Current account balance -458 -338 -411 -326 -434 -1,194 434 EDT IXGS (%) 32.0 27.9 27.5 31.0 27.6 25.4 25.8 EDT/GNI(%) 12.2 16.9 19.0 19.9 18.2 17.4 16.0 TDS/XGS (%) 3.4 4.8 4.0 3.9 3.6 2.3 3.7 !NT I XGS (%) 1.4 1.4 1.4 1.0 0.7 0.7 0.9 INT I GNI (%) 0.5 0.8 1.0 0.6 0.5 0.5 0.5 RES I EDT (%) 22.3 16.4 16.7 23.7 19.7 20.8 28.3 RES J MGS (months) 0.8 0.5 0.5 0.8 0.6 0.6 0.9 Short-term I EDT (%) 6.5 57.9 56.1 56.2 61.1 72.9 74.0 Concessionall EDT (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Multilateral I EDT (%) ILl 10.1 7.8 5.7 4.5 3.1 1.7 54 BELARUS (US$ million, unless otherwise indicated) 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 1,302 787 945 1,213 1,231 1,083 1,231 Public and publicly guaranteed 1,301 689 664 749 710 744 783 Official creditors 769 400 351 397 381 480 566 Multilateral 188 217 183 166 146 124 81 Concessional 0 0 0 0 0 0 0 Bilateral 582 183 168 231 234 356 485 Concessional 477 83 81 118 127 127 146 Private creditors 532 289 314 352 329 264 217 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 46 56 45 64 48 35 54 Private nonguaranteed 0 98 281 465 521 339 448 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 98 281 465 521 339 448 Memo: IDRD \16 lOS 91 89 84 73 59 IDA 0 0 0 0 0 0 0 Public sector LDOD 1,301 689 656 730 695 732 775 Private sector LDOD 0 98 289 483 536 351 456 DISBURSEMENTS 258 249 369 450 259 308 646 Public and publicly guaranteed 258 143 134 152 47 197 252 Official creditors 131 25 49 90 14 181 188 Multilateral 77 25 11 9 1 2 7 Concessional 0 0 0 0 0 0 0 Bilateral 54 0 38 81 14 179 181 Concessional 20 0 0 40 13 4 35 Private creditors 127 118 85 62 33 16 64 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 20 48 27 23 2 0 32 Private nonguaranteed 0 106 235 298 212 111 395 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 106 235 298 212 111 395 Memo: IDRD \1 6 6 4 I 2 7 IDA 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 108 206 189 249 299 240 510 Public and publicly guaranteed 108 134 143 124 138 179 177 Official creditors 84 52 65 55 45 87 94 Multilateral 70 49 36 40 35 29 42 Concessional 0 0 0 0 0 0 0 Bilateral 15 4 29 15 10 58 52 Concessional 0 I 2 4 4 4 17 Private creditors 24 82 78 69 93 93 83 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 28 36 8 20 13 12 Private nonguaranteed 0 71 46 126 161 61 333 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 71 46 126 161 61 333 Memo: IDRD 0 14 14 14 15 16 16 IDA 0 0 0 0 0 0 0 INTEREST PAYME1'IilS (LINT) 59 39 59 37 33 41 50 Public and publicly guaranteed 59 38 46 36 32 36 38 Official creditors 32 18 28 17 13 16 17 Multilateral 23 17 14 11 9 7 5 Concessional 0 0 0 0 0 0 0 Bilateral 10 2 14 6 4 8 12 Concessional 1 2 2 2 3 4 4 Private creditors 26 19 18 20 19 21 21 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 1 4 2 4 3 3 3 Private nonguaranteed 0 1 13 0 1 5 12 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 1 13 0 1 5 12 Memo: IDRD 8 6 5 5 4 3 3 IDA 0 0 0 0 0 0 0 55 BELARUS (US$ million. unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 30.8 30.6 32.1 25.0 14.1 Japanese yen 2.3 2.2 2.3 2.2 2.2 1.7 1.1 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.7 0.1 0.0 0.0 0.0 0.0 0.0 U.S.dollars 50.8 48.9 53.2 55.5 52.3 61.7 72.0 Total amount rescheduled 0 50 29 3 0 0 0 Debt stock rescheduled 0 49 7 0 0 0 0 Principal rescheduled 0 0 17 3 0 0 0 Official 0 0 17 3 0 0 0 Private 0 0 0 0 0 0 0 Interest rescheduled 0 0 5 0 0 0 0 Official 0 0 5 0 0 0 0 Private 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 Total change in debt stocks 398 -122 195 562 334 796 706 Nct flows on debt 369 -89 230 494 181 1.013 694 valuation 28 -26 -22 57 63 22 -33 ALL CREDITORS Interest (%) 5.7 7.0 3.9 2.6 3.8 3.4 5.3 Maturity (years) 14.0 3.7 7.3 10.6 5.1 6.7 7.1 Grace period (years) 4.8 1.5 2.3 2.5 0.6 2.0 1.4 Grant element (%) 25.8 5.9 21.0 28.7 14.2 21.7 15.5 Official creditors Interest (%) 5.1 6.8 3.0 3.5 0.0 3.4 5.0 Maturity (years) 16.0 5.9 8.3 16.6 4.6 6.0 7.6 Grace period (years) 5.6 2.4 3.3 4.6 0.8 1.8 1.4 Grant element (%) 30.6 9.9 27.3 39.3 22.3 19.6 16.8 Private creditors Interest (% ) 8.1 7.2 4.7 1.8 3.9 3.5 8.9 Maturity (years) 5.8 2.5 6.4 5.1 5.1 8.4 1.I Grace period 1.6 1.0 1.4 0.6 0.6 2.4 1.I Grant element 5.9 3.6 15.2 19.0 14.0 26.3 l.l TOTAL Principal 275 238 220 174 162 114 69 68 Interest 60 46 35 32 24 17 II 8 Official creditors Principal 77 123 121 114 113 71 38 37 Interest 27 23 18 18 I3 9 6 4 Bilateral creditors Principal 52 101 102 109 109 68 35 35 Interest 23 20 16 17 12 8 5 4 Multilateral creditors Principal 25 22 19 6 4 4 3 2 Interest 4 3 2 1 I 0 Private creditors Principal 198 115 99 60 49 43 31 31 Interest 33 23 17 13 10 8 5 4 Notes: Short-term debt data have been revised from 1996. based 011 data from the National Bank of the Republic of Belarus. 56 BELIZE (US$ million, unless otherwise indicated) 2000 2001 TOTAL DEBT STOCKS (EDT) 143 255 615 716 857 1,065 955 1,000 Long-term debt (LDOD) 136 219 565 665 812 985 954 994 Public and publicly guaranteed 136 219 557 649 779 948 921 970 Private nonguaranteed 0 0 8 17 33 36 34 25 Use of IMF credit 0 0 0 0 0 0 0 0 Short-term debt 6 36 50 51 45 80 0 6 of which interest arrears on LDOD 1 1 0 0 0 0 0 6 Official creditors 0 0 0 0 0 0 0 4 Private creditors 0 0 0 0 0 0 0 2 Memorandum items Principal arrears on LDOD 2 I 0 0 J 0 0 2 Official creditors 1 1 0 0 0 0 0 0 Private creditors 1 0 0 0 I 0 0 2 TOTAL DEBT FLOWS Disbursements 18 31 223 167 244 265 223 206 Long-term debt 18 31 223 167 244 265 223 206 IMF purehases 0 0 0 0 0 0 0 0 Principal repayments 12 25 41 48 139 91 260 158 Long-term debt 9 25 41 48 139 91 260 158 IMF repurchases 3 0 0 0 0 0 0 0 Net flows on debt 7 27 181 120 99 209 -117 48 of which short -term debt 1 21 -1 I -6 35 -80 0 Interest payments (INT) 6 11 35 48 49 67 75 71 Long-term debt 6 10 32 46 47 66 73 71 IMFcharges 0 0 0 0 0 0 0 0 Short-term debt 0 1 3 2 2 2 2 0 Net transfers on debt 0 16 146 72 50 142 -192 -23 Total debt service paid (TDS) 18 37 76 96 189 158 335 228 Long-term debt 15 35 73 94 187 156 333 228 IMF repurchases and charges 3 0 0 0 0 0 0 0 Short-term debt (interest only) 0 1 3 2 2 2 2 0 NET RESOURCE FLOWS 30 34 216 203 140 172 80 183 Net flow of long-term debt (ex. IMp) 9 6 182 1I9 105 174 -37 48 Foreign direct investment (net) 17 21 23 61 25 -ll 111 126 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop.) 4 8 II 23 10 9 6 9 Memo: technical coop. grants 13 12 5 6 5 4 5 6 NET TRANSFERS 17 17 154 124 60 75 -36 77 Interest on long-term debt 6 10 32 46 47 66 73 71 Profit remittances on FDI 8 8 31 33 33 31 42 35 Gross national income (GNI) 406 598 775 796 857 902 942 994 Exports of goods, servo & inc. (XGS) 269 314 464 470 515 562 578 662 \Vorker remit. & compo of employees 18 14 22 30 29 34 34 46 bnports of goods & services (MGS) 269 351 661 674 698 753 745 832 International reserves (RES) 70 38 123 112 115 85 48 71 Current account balance 15 -17 -162 -191 -165 -180 -152 -159 EDT IXGS (%) 53.1 81.2 132.5 152.2 166.6 189.5 165.1 151.0 EDT IGNI(%) 35.1 42.7 79.3 89.9 100.1 118.0 101.4 100.7 IDS I XGS (%) 6.8 11.7 16.4 20.5 36.6 28.1 57.9 34.5 !NT I XGS (%) 2.3 3.6 7.5 10.3 9.5 12.0 12.9 10.7 !NT IGNI (%) 1.5 1.9 4.5 6.1 5.7 7.4 7.9 7.1 RES I EDT (%) 48.9 14,7 20.0 15.6 13.4 8.0 5.1 7.1 RES I MGS (months) 3.1 1.3 2.2 2.0 2.0 1.3 0.8 1.0 Short-term I EDT (%) 4.3 14.0 8.1 7.1 5.3 7.5 0.0 0.6 Concessionall EDT (%) 56.6 36.7 17.1 13.9 11.9 8.8 12.4 14.2 Multilateral I EDT (%) 40.2 35.1 22.6 23.0 21.6 19.7 23.4 21.7 57 BELIZE (US$ million. unless otherwise indicated) 2000 ·$;~~~D.T<···· DEBT OUTSTANDING (LDOD) 136 219 565 665 812 985 954 994 Public and publicly guaranteed 136 219 557 649 779 948 921 970 Official creditors 118 175 228 246 251 267 295 312 Multilateral 57 89 139 165 185 210 224 217 Concessional 30 44 40 40 44 47 5S 54 Bilateral 61 86 89 81 66 57 71 95 Concessional 51 50 65 60 58 47 63 88 Privale creditors 18 44 328 403 529 682 626 658 of which: Bonds 0 0 75 72 211 308 375 482 Commercial banks 16 39 245 318 303 371 250 165 Private nonguaranteed 0 0 8 17 33 36 34 25 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 8 17 33 36 34 25 Memo: IDRD 18 30 40 43 44 42 39 35 IDA 0 () () () 0 0 0 () Public sector LOOD 136 219 557 649 779 948 921 970 Private sector LDOD 0 () 8 17 33 36 34 25 DISBURSEMENTS 18 31 223 167 244 265 223 206 Public and publicly guaranteed 18 31 218 159 228 260 223 206 Official creditors 13 26 27 35 31 43 43 45 Multilateral 6 12 22 33 27 36 25 13 Concessional 2 3 4 4 5 4 8 4 Bilateral 7 13 4 2 4 7 19 31 Concessional 5 4 I 1 4 I 18 31 Private creditors 5 5 192 124 197 217 180 161 of which: Bonds 0 0 86 0 143 100 70 143 Commercial banks 5 5 96 117 48 117 110 8 Private nonguaranteed 0 0 5 8 16 5 0 0 Bonds 0 0 0 0 0 0 0 () Commercial banks and other 0 0 5 8 16 5 0 0 Memo: IDRD 3 6 2 7 5 2 2 I IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPA YMENTS 9 25 41 48 139 91 260 158 Public and publicly guaranteed 9 25 41 48 139 89 258 156 Official creditors 7 18 20 18 21 25 27 24 Multilateral 3 7 9 9 9 15 18 18 Concessional 2 3 3 3 3 3 3 3 Bilateral 4 II 11 10 12 10 9 6 Concessional 1 3 7 6 7 6 7 6 Pri vate creditors 2 8 22 30 119 64 231 132 of which: Bonds 0 0 II 3 4 3 3 36 Commercial banks 2 5 9 25 106 49 227 95 Private nonguaranteed 0 0 0 0 0 2 3 2 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 () 0 0 2 3 2 Memo: mRD J 2. 4 3 4 5 5 4 IDA 0 0 0 0 0 0 0 0 INTEREST PAYMENTS (LINT) 6 10 32 46 47 66 73 71 Public and publicly guaranteed 6 10 32 46 47 65 72 70 Official creditors 4 8 12 13 11 12 12 13 Multilateral 3 4 7 9 8 9 9 9 Concessional I 1 I I 1 1 1 1 Bilateral I 4 4 4 3 3 3 4 Concessional 1 1 2 2 2 2 2 3 Private creditors 1 2 20 33 36 53 61 57 of which: Bonds 0 0 1 8 8 27 38 41 Commercial banks I 2 18 24 27 26 23 15 Private nonguaranteed 0 0 0 0 0 1 0 1 Bonds 0 () 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 1 0 1 Memo: IDRD I 2 3 :3 3 2 2 2 IDA 0 0 0 0 0 0 0 0 58 BELIZE (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2003 Euro 4.1 3.5 1.8 1.9 1.5 Japanese yen 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Pound sterling 23.6 10.0 1.8 1.3 1.0 0.7 0.6 0.4 Swiss franc 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 45.3 62.7 92.6 93.1 93.8 96.1 95.7 96.6 Total amount rescheduled 0 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 9 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 () 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 56 219 10l 141 207 -110 45 Net flows on debt 27 181 120 99 209 -117 48 I -2 -1 6 7 2 -3 ALL CREDITORS Interest (%) 5.0 6.0 8.6 5.0 8.4 9.1 6.5 5.2 Maturity (years) 10.0 17.6 12.0 10.1 9.8 7.9 10.2 6.9 Grace period (years) 2.5 3.9 3.7 3.8 8.7 6.3 7.4 1.6 Grant element (%) 21.2 23.0 7.7 14.2 4.8 2.8 21.7 13.7 Official creditors Interest (%) 5.0 5.9 6.3 5.8 6.1 3.6 2.8 0.0 Maturity (years) 10.0 17.9 21.1 20.S 19.4 15.4 20.4 0.0 Grace period (years) 2.5 3.9 5.3 5.1 4.1 3.3 4.6 0.0 Grant element (%) 21.2 23.3 24.0 27.1 23.5 31.0 47.4 0.0 Private creditors Interest (%) 0.0 8.6 9.5 4.6 8.6 9.5 7.2 5.2 Maturity (years) 0.0 4.8 8.1 5.4 9.1 7.3 8.0 6.9 Grace period (years) 0.0 0.3 3.0 3.2 9.0 6.5 8.0 1.6 Grant element (%) 0.0 2.7 0.7 8.3 3.3 0.9 16.2 \3.7 2006 2007 2008 2009 2010 TOTAL Principal 106 75 70 66 79 55 184 34 Interest 67 61 57 54 49 44 40 25 Official creditors Principal 24 26 25 24 23 22 20 18 Interest 15 14 13 12 11 10 9 8 Bilateral creditors Principal 4 5 5 6 6 5 5 5 Interest 5 4 4 4 4 3 3 3 Multilateral creditors Principal 20 21 19 ]8 18 17 15 14 Interest 11 10 9 8 7 7 6 5 Private creditors Principal 81 49 45 42 55 33 164 16 Interest 52 47 44 41 37 34 3] 17 Notes: Short-term debt data are World Bank staff estimates. 59 BENIN (US$ million, unless otherwise indicated) TOTAL DEBT STOCKS (EDT) 1,292 1,614 1,591 1,661 1,836 1,828 1,916 1,855 Long.term debt (LDOD) 1,218 1,483 1,442 1,505 1,689 1,726 1,827 1,762 Public and publicly guaranteed 1,218 1,483 1,442 1,505 1,689 1,726 1,827 1,762 Private nonguaranteed 0 0 0 0 0 0 0 0 Use of I!'vIF credit 18 84 84 77 73 73 65 53 Short·term debt 55 47 65 79 74 29 24 39 of which interest arrears on LDOD 21 8 0 0 0 0 0 0 Official creditors 18 7 0 0 0 0 0 0 Private creditors 2 1 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 69 71 0 0 0 0 0 0 Official creditors 60 67 0 0 0 0 0 0 Pri vate creditors 9 4 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 120 115 39 124 72 69 78 87 Long-tenn debt 120 101 30 113 67 60 76 86 IMF purchases 0 14 9 10 5 9 2 1 Principal repayments 20 26 5S 32 33 42 44 49 Long-tenn debt 19 24 45 23 23 32 37 41 IMF repurchases 2 2 11 10 10 10 8 7 Net Rows on debt 92 105 ·65 105 34 ·17 29 S4 of which short-tenn debt -8 16 -48 13 -5 -45 -5 15 Interest payments (INT) 18 23 20 17 26 18 19 20 Long-tenn debt 14 21 15 14 22 16 18 19 IMF charges 0 0 0 0 0 0 0 0 Short-tenn debt 4 2 4 3 3 2 I 2 Net transfers on debt 74 81 ·85 88 9 -35 9 33 Total debt service paid (TDS) 38 50 75 50 58 60 64 69 Long-tenn debt 33 46 60 37 45 48 54 60 IMF repurchases and charges 2 2 11 10 10 10 8 8 Short-term debt (interest only) 4 2 4 3 3 2 1 2 NET RESOURCE FLOWS 274 239 198 275 189 259 4S0 260 Net flow of long-tenn debt (ex. IMF) 102 77 -14 91 44 28 39 45 Foreign direct investment (net) 62 13 67 51 18 48 108 21 Portfolio equity flows 0 0 0 0 2 0 -3 0 Grants (excluding technical coop.) 110 149 145 134 125 183 305 194 Memo: technical coop. grants 49 61 68 61 68 91 90 94 NET TRANSFERS 260 212 176 254 149 216 402 241 Interest on long-tenn debt 14 21 15 14 22 16 18 19 Profit remittances on FDI 0 6 7 7 17 26 30 0 Gross national income (GNI) 1,806 1,965 2,243 2,351 2,781 3,515 4,006 4,259 Exports of goods, servo & inc. (XGS) 465 730 640 628 695 789 877 Worker remit. & compo of employees 101 100 87 84 76 55 63 63 Imports of goods & services (MGS) 492 926 751 788 939 1,137 1,205 International reserves (RES) 69 198 458 578 616 718 640 657 Current account balance -18 -167 -81 -75 -156 -331 -288 EDT/XGS (%) 277.9 221.1 248.5 264.5 264.1 231.7 218.4 EDT I GNI(%) 71.5 82.1 70.9 70.7 66.0 52.0 47.8 43.5 TDS/XGS(%) 8.2 6.8 11.8 7.9 8.4 7.6 7.2 INT IXGS (%) 3.8 3.2 3.1 2.8 3.7 2.3 2.2 !NT I GNI(%) 1.0 1.2 0.9 0.7 0.9 0.5 0.5 0.5 RES I EDT (%) 5.4 12.3 28.8 34.8 33.5 39.3 33.4 35.4 RES I MGS (months) L7 2.6 7.3 8.8 7.9 7.6 6.4 Short-tenn I EDT (%) 4.3 2.9 4.1 4.7 4.0 1.6 1.3 2.1 Concessionall EDT (%) 78.1 77.6 84.3 84.9 86.2 90.1 90.8 91.9 Multilateral! EDT (%) 41.6 54.0 59.7 59.6 62.6 70.8 73.5 72.5 60 BENIN (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 1,218 1,483 1,442 1,505 1,689 1,726 1,827 1,762 Public and publicly guaranteed 1,218 1,483 1,442 1,505 1,689 1,726 1,827 1,762 Official creditors 1.202 ],479 1,439 LS03 1,686 1,722 1.823 1,762 Multilateral 537 871 950 989 1,149 1,294 1,408 1,344 Concessional 497 847 929 971 1,127 1,271 1,377 1,330 Bilateral 665 607 489 513 537 429 415 418 Concessional 512 407 412 439 456 377 363 373 Private creditors 17 4 3 3 3 4 4 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 326 498 578 598 654 729 791 771 Public sector LDOD 1,218 1,483 1.442 1,505 1,689 1,726 1,827 1,762 Private sector WOD 0 0 0 0 0 0 0 0 DISBURSEMENTS 120 101 30 113 67 60 76 86 Public and publicly guaranteed 120 101 30 113 67 60 76 86 Official creditors 120 101 30 113 67 60 76 86 Multilateral 91 83 29 97 60 56 76 86 Concessional 82 79 29 97 60 56 76 86 Bilateral 29 18 2 16 7 5 0 0 Concessional 29 18 2 16 7 5 0 0 Private creditors 0 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial hanks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 56 31 36 48 23 28 42 49 PRINCIPAL REPAYMENTS 19 24 45 23 23 32 37 41 Public and publicly guaranteed 19 24 45 23 23 32 37 41 Official creditors 18 24 45 23 23 32 37 37 Multilateral 18 17 15 15 13 14 18 22 Concessional 7 12 12 12 11 12 17 20 Bilateral 0 8 30 8 10 17 18 15 Concessional 0 3 24 8 9 15 16 13 Private creditors 0 0 0 0 0 0 0 4 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 1 3 4 4 3 4 5 6 INTEREST PAYMENTS (LINT) 14 21 15 14 22 16 18 19 Public and publicly guaranteed 14 21 15 14 22 16 18 19 Official creditors 14 21 15 14 22 16 18 18 Multilateral 13 9 9 8 12 11 13 13 Concessional 6 7 8 7 11 9 12 12 Bilateral 1 13 6 6 10 6 5 5 Concessional ) 4 3 4 6 3 2 2 Private creditors 0 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 2 4 4 4 4 5 6 6 61 BENIN (US$ million. unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 9.0 8.9 7.7 7.3 7.6 Japanese yen 0.0 0.0 2.3 1.9 3.7 2.0 2.0 1.8 Pound sterling 0.9 0.4 0.3 0.3 0.3 0.3 0.3 0.2 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 50.8 51.8 60.9 61.4 58.6 59.7 58.0 56.4 ?DEIll' :R.Jl:STRtlC;~· Total amount rescheduled 12 5 53 24 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 9 0 37 0 0 0 0 0 Official 4 0 37 0 0 0 0 0 Private 5 0 0 0 0 0 0 0 Interest rescheduled 1 3 6 3 0 0 0 0 Official 0 3 6 3 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 122 137 4 10 11 12 12 13 Memo: interest forgiven 3 2 I 1 0 I I 1 Debt stock reduction 0 0 0 0 0 59 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 25 -96 70 175 -8 88 -62 Net flows on debt 105 -65 105 34 -17 29 54 -4 -53 -35 80 110 55 -119 ALL CREDITORS Interest (%) 1.3 1.3 1.6 0.9 0.9 0.0 0.8 0.6 Maturity (years) 39.2 33.1 36.0 40.2 39.3 0.0 43.4 42.2 Grace period (years) 8.4 8.7 8.3 12.8 95 0.0 10.0 8.7 Grant element (%) 72.0 70.4 68.5 78.6 76.9 0.0 80.3 80.4 Official creditors Interest (%) 1.3 1.3 1.6 0.9 0.9 0.0 O.S 0.6 Maturity (years) 39.2 33. I 36.0 40.2 39.3 0.0 43.4 42.2 Grace period (years) 8.4 8.7 8.3 12.8 9.5 0.0 lO.O 8.7 Grant element (%) 72.0 70.4 68.5 78.6 76.9 0.0 80.3 80.4 Private creditors Interest (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 TOTAL Principal 82 78 82 82 85 84 87 88 Interest 18 18 17 16 16 IS 14 13 Official creditors Principal 82 78 82 82 85 84 87 88 Interest 18 18 17 16 16 15 14 13 Bilateral creditors Principal 42 37 41 40 40 40 40 39 Interest 5 4 4 4 3 3 3 2 Multilateral creditors Principal 40 41 41 42 44 44 47 49 Interest 13 13 13 13 12 12 11 11 Private creditors Principal 0 0 0 0 0 0 0 0 Interest 0 0 0 0 0 0 0 0 Notes: 62 BHUTAN (US$ million, unless othen1iise indicated) 1995 2000 TOTAL DEBT STOCKS (EDT) 83.5 105.8 203.8 265.2 377.9 485.9 593.3 649.2 Long-term debt (LDOD) 80.3 105.2 202.2 265.2 376.9 481.5 593.3 636.7 Public and publicly guaranteed 80,3 105,2 202.2 265.2 376.9 481.5 593,3 636,7 Private non guaranteed 0,0 0.0 0.0 0,0 0.0 0.0 0.0 0,0 Use of IMF credit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short-term debt 3.3 0.6 1.5 0.0 1.0 4.4 0.0 12.5 of which interest arrears on LDOD 0.3 0.6 0.0 0.0 0,0 0.0 0.0 4.5 Official creditors 0.3 0.6 0.0 0.0 0.0 0,0 0,0 4.5 Pri vate creditors 0.0 0,0 0,0 0.0 0.0 0,0 0.0 0,0 Memorandum items Principal arrears on LDOD 1.5 0,2 0.0 0.0 0.0 0,0 0.0 4,1 Official creditors 1.5 0.2 0.0 0.0 0.0 0.0 0,0 4.1 Pri vate creditors 0.0 0,0 0.0 0.0 0.0 0,0 0.0 0,0 TOTAL DEBT FLOWS Disbursements 8.4 9.9 34.8 79.5 97.8 92.3 92.6 81.9 Long-term debt 8.4 9,9 34.8 79.5 97.8 92.3 92.6 81.9 IMF purchases 0,0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal repayments 2.9 7.2 4.7 4.5 4.5 4.8 6.7 4.6 Long-term debt 2.9 7.2 4.7 4.5 4.5 4.8 6,7 4,6 IMF repurchases 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0,0 Net flows on debt 6.5 2.7 29.6 73.4 94.3 90.9 81.4 85.3 of which short-term debt 1.0 0,0 -0.5 -1.5 1.0 3.4 -4.4 8,0 Interest payments (INT) 2.3 2.6 2.0 1.8 1.9 2.4 5.2 2.2 Long-term debt 2.0 2.6 1.8 1.7 1.9 2.3 5.2 2,0 IMFcharges 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short -term debt 0.2 0.0 0.2 0.0 0.0 0.1 0.1 0,2 Net transfers on debt 4.2 0.1 27.6 71.7 92.4 88.5 76.2 83.1 Total debt service paid (TDS) 5.2 9.8 6.7 6.3 6.5 7.2 12.0 6.8 Long-tern! debt 5.0 9.8 6.5 6.3 6.4 7.1 11.9 6.6 IMF repurchases and charges 0.0 0,0 0.0 0.0 0.0 0,0 0.0 0,0 Short-term debt (interest only) 0,2 0.0 0.2 0.0 0.0 OJ 0.1 0.2 NET RESOURCE FLOWS 24.0 42.2 50.6 105.2 125.8 130.2 128.2 124.1 Net flow of long-term debt (ex. lMF) 5.5 2,7 30.1 74.9 93.3 87.5 85.8 77.3 Foreign direct investment (net) 1.6 0.1 -0.1 0,3 0.3 1.1 1.0 0.8 Portfolio equity flows 0.0 0.0 0.0 0.0 0.0 0.0 0,0 0,0 Grants (excluding technical coop.) 16.9 39.5 20.6 30.0 32.2 41.7 41.4 46.0 Memo: technical coop. grants 23.7 27.1 21.8 17.1 19.6 22.7 22,7 23.4 NET TRANSFERS 21.9 39.6 48.8 103.5 123.9 127.9 123.0 122.1 Interest on long-term debt 2.0 2.6 1.8 1.7 1.9 2.3 5.2 2.0 Profit remittances on FDI 0.0 0.0 0.0 0.0 0.0 0,0 0.0 0,0 Gross national income (GNI) 299,2 300.6 446.4 494.6 538.2 594.9 712.6 821.5 Exports of goods, servo & inc. (XGS) Worker remit. & comp, of employees 0,0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 hnports of goods & services (MGS) International reserves (RES) 88.8 130.5 317.6 323.4 354.9 366,6 398.6 467.4 Current account balance EDT/XGS (%) EDT I GNI (%) 27.9 35.2 45.6 53.6 70.2 81.7 83.3 79,0 IDS IXGS (%) INT/XGS (%) INT I GNI(%) 0.8 0.9 0,4 0.4 0.4 0.4 0.7 0.3 RES I EDT (%) 106.3 123.3 155.9 121.9 93.9 75.4 67.2 72.0 RES I MGS (months) Short-term I EDT (%) 3.9 0.5 0.8 0.0 0.3 0.9 0.0 1.9 Concessionall EDT (%) 74.0 93.0 65.5 51.7 49.4 43.7 40.5 37.8 Multilateral I EDT (%) 50.1 64.5 49.4 40.5 37.2 30.7 28.6 27,3 63 BHUTAN (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (I.DOD) SO.3 105.2 202.2 265.2 376.9 481.5 593.3 636.7 Public and publicly guaranteed 80.3 105.2 202.2 265.2 376.9 481.5 593.3 636.7 Official creditors 61.8 98.4 202.2 265.2 376.9 481.5 593.3 636.7 Multilateral 41.9 68.2 100.6 107.5 140.5 149,1 169,6 177.1 Concessional 41.9 68.2 100.6 107.5 140.5 149.1 169.6 177.1 Bilateral 19.9 30.2 101.6 157.6 236.4 332.4 423.7 459.6 Concessional 19.9 30.2 32.9 29.6 46.1 63.1 71.0 68.3 Private creditors 18.5 6.8 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 16.1 22.5 26.1 30.7 38.5 49.2 60.3 63.3 Public sector LDOD 80.3 105.2 202.2 265.2 376.9 481.5 593.3 636.7 Private sector LDOD 0.0 0.0 0.0 0,0 0.0 0.0 0,0 0.0 DL';UURSEMEJ'I,'TS 8.4 9.9 34.8 79.5 97.8 92.3 92.6 81.9 Public and publicly guaranteed 8.4 9.9 34.8 79.5 97.8 92.3 92.6 81.9 Official creditors 8.4 9.9 34.8 79.5 97.8 92.3 92.6 81.9 Multilateral 7.2 5.8 ll.8 13.5 23.0 12.7 16.4 22.1 Concessional 7,2 5.8 11.8 13.5 23.0 12,7 16,4 22,1 Bilateral 1.2 4.1 23.0 66.0 74.9 79.6 76.1 59.9 Concessional 1.2 4.1 0.9 3.2 13.9 12.1 5.8 8.6 Pri vate creditors 0,0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0,0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 2.0 1.2 3.6 6.0 5.5 6.9 9.0 8.4 PRINCIPAL REPAYMENTS 2.9 7.2 4.7 4.5 4.5 4.8 6.7 4.6 Public and publicly guaranteed 2.9 7.2 4.7 4.5 4.5 4.8 6.7 4.6 Official creditors 0.3 4.9 4.7 4.5 4.5 4.8 6.7 4.6 Multilateral 0.0 0.6 1.3 1.2 1.2 1.3 1.8 2.2 Concessional 0.0 0.6 1.3 1.2 1.2 1.3 1.8 2.2 Bilateral 0.3 4.3 3.4 3.4 3.4 3.5 4.9 2.5 Concessional 0.3 4.3 3.4 3.4 3.4 3.5 2,9 2.5 Private creditors 2.6 2.3 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0,0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 0.0 0.1 0.3 0.3 0.3 0.3 0.5 0.7 INTEREST PAYMENTS (LINT) 2.0 2.6 1.8 1.7 1.9 2.3 5.2 2.0 Public and publicly guaranteed 2.0 2.6 1.8 1.7 1.9 2.3 5.2 2.0 Official creditors 0.4 2.0 1.8 1.7 1.9 2.3 5.2 2.0 Multilateral 0.3 0.6 0.9 0.9 1.0 1.2 1.6 1.6 Concessional 0.3 0.6 0.9 0.9 1.0 1.2 1.6 1.6 Bilateral 0.1 1.4 0.9 0.8 0.9 1.1 3.6 0.4 Concessional 0.1 1.4 0.9 0.8 0.9 1.1 1.4 0.4 Private creditors 1.6 0.6 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 0.1 0.2 0.2 0.2 0.2 0,3 0.6 0.6 64 BHUTAN (US$ million, lmless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 4.9 8.5 10.6 10.3 9.6 Japanese yen 0.0 0.0 0,0 0.0 0.0 0.0 0.0 0.0 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 43.1 28.6 17.7 17.6 18.3 17.7 17.6 18.2 Total amount rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt stock rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Interest rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt forgiven 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: interest forgiven 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt stock reduction 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which debt 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Total change in debt stocks 9.7 1.3 20.0 61.4 112.7 108.0 107.3 55.9 Net flows on debt 6.5 2.7 29.6 73.4 94.3 90.9 81.4 85.3 valuation 1.1 -2.0 -10.6 -7.7 10.6 27.4 22.7 -32.3 ALL CREDITORS Interest (%) 0.0 1.3 3.6 1.1 6.8 5.6 8.9 0.8 Maturity (years) 0.0 33.4 31.7 31.5 23.2 28.6 21.9 28.6 Grace period (years) 0.0 11.2 10.0 g,g 9.9 9.9 9.9 7.1 Grant element (%) 0.0 73.8 53.1 72.6 24.8 37.2 8.3 65.9 Official creditors Interest (%) 0.0 1.3 3.6 \.1 6.8 5.6 8.9 0.8 Maturity (years) 0.0 33.4 31.7 31.5 23.2 28.6 21.9 28.6 Grace period (years) 0.0 11.2 10.0 8.8 9.9 9.9 9.9 7.1 Grant element (%) 0.0 73.8 53.1 72.6 24.8 37.2 8.3 65.9 Private creditors Interest (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace peri od 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 TOTAL Principal 39.1 41.3 39.3 40.5 43.8 43.9 44.3 44.6 Interest 38.8 38.1 35.6 32.6 29.7 26.6 23.5 20.4 Official creditors Principal 39.1 41.3 39.3 40.5 43.8 43.9 44.3 44.6 Interest 38.8 38.1 35.6 32.6 29.7 26.6 23.5 20.4 Bilateral creditors Principal 36.6 38.6 35.7 35.3 37.6 37.6 37.6 37.6 Interest 36.8 35.9 33.3 30.3 27.3 24.2 21.2 18,2 Multilateral creditors Principal 2.5 2.7 3.6 5.2 6.2 6.3 6.7 7.0 Interest 2.0 2.2 2.3 2.4 2.4 2.3 2.3 2.2 Private creditors Principal 0.0 0.0 0.0 0,0 0.0 0.0 0.0 0.0 Interest 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Notes: 65 BOLIVIA (US$ million, unless otherwise indicated) 1995 2000 TOTAL DEBT STOCKS (EDT) 4,275 5,272 5,785 4,690 5,003 5,795 6,215 6,390 Long.term debt (LDOD) 3,864 4,698 5,163 4,103 4,438 5,185 5,636 5,965 Public and publicly guaranteed 3.687 4,459 4.137 3.124 3,514 4,154 4,551 4.564 Private nonguaranteed 177 239 1,026 979 923 L031 1,085 1,401 Use of IMF credit 257 268 220 207 195 279 307 244 Short· term debt 154 307 402 380 370 332 272 182 of which interest arrears on LDOD 6 20 2 0 0 0 0 0 Official creditors 2 7 2 0 0 0 0 0 Private creditors 4 13 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 31 30 19 0 0 0 0 0 Official creditors 9 21 19 0 0 0 0 0 Private creditors 22 9 0 0 0 0 0 0 TOTAL DEBT 'FLOWS Disbursements 331 520 759 571 618 932 729 895 Long-tenn debt 300 494 744 547 618 842 673 881 LM:F purchases 31 26 15 24 0 90 56 14 Principal repayments 241 199 454 360 362 302 378 355 Long-tenn debt 196 173 434 340 345 284 356 315 IMF repurchases 46 26 20 21 17 19 22 40 Net flows on debt 32 341 294 191 246 591 291 450 of which short-tenn debt -57 20 -10 -20 -10 -38 -60 -91 Interest payments (INT) 144 173 180 184 1I5 133 141 174 Long-tenn debt 117 155 159 168 100 116 124 158 IMF charges 13 J J J J I 4 6 Short-tenn debt 14 17 20 15 15 15 13 10 Net transfers on debt ·112 168 114 7 130 458 151 275 Total debt service paid (TDS) 385 372 634 544 478 435 519 529 Long-tenn deht 313 328 593 507 445 400 481 473 IMF repurchases and charges 59 27 21 22 18 20 25 46 Shon-tenn debt (interest only) 14 17 20 15 15 15 J3 10 NET RESOURCE FLOWS 334 1,042 1,267 1,266 1,549 1,207 1,150 555 Net flow oflong-tenn debt (ex, IMF) 104 321 309 207 273 558 317 566 Foreign direct investment (net) 27 393 736 706 677 197 65 -277 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop.) 202 328 221 353 600 451 767 265 Memo: technical coop. grants 108 217 147 231 212 265 242 193 NET TRANSFERS 200 862 960 931 1,266 857 733 126 Interest on long-tenn debt 117 ISS 159 168 100 116 124 158 Profit remittances on PDI 17 24 148 168 183 234 292 270 Gross national income (GNf) 4,626 6.494 8,172 7.930 7,701 7.790 8,329 8,961 Expons of goods, serv, & ine. (XGS) 998 1,264 1,711 1,749 1,742 2,159 2,817 3,585 Worker remit & camp. of employees 5 7 127 135 113 159 210 338 Imports of goods & services (MGS) 1,354 1,809 2,443 2,312 2,380 2,422 2,792 3,367 International reserves (RES) 511 1,005 1,184 1,146 893 1,097 1,271 1,795 Current account balance -199 -303 -446 -274 -352 76 337 498 EDT/XGS (%) 428,6 417.1 338,2 268,1 287.3 268.4 220.7 178.3 EDT I GNI (%) 92.4 81.2 70.8 59.1 65.0 74.4 74.6 7L3 IDS /XGS (%J 38.6 29.4 37.1 31.1 27.4 20.2 18.4 14.8 INT /XGS (%) 14.4 13,7 10.5 10.5 6.6 6.2 5.0 4,9 INT IGNI (%J 3,1 2,7 2.2 2.3 1.5 1.7 l.7 1.9 RES I EDT (%) 12.0 19,1 20.5 24.4 17.8 18.9 20.5 28.1 RES (MGS (months) 4.5 6.7 5.8 5.9 4,5 5.4 5.5 6A Shon-teno / EDT (%) 3,6 5.8 7.0 8.1 7A 5.7 4.4 2,8 Concessional ( EDT (%) 44.2 51.7 53,9 47,8 52,7 55.4 58.4 57.8 Multilateral! EDT (%) 37,2 48.9 48.5 62.3 65.6 67.6 68.3 65.9 66 BOLIVIA (US$ million, unless otherwise indicated) 1995 2000 DEBT OUTSTANDING (LDOD) 3,864 4,698 5,163 4,103 4,438 5,185 5,636 5,965 Public and publicly guaranteed 3,687 4,459 4,137 3,124 3,514 4,154 4,551 4,564 Official creditors 3,362 4.396 4,103 3.104 3,490 4.129 4.525 4,541 Multilateral 1,589 2,579 2,803 2,924 3,284 3,920 4,243 4,209 Concessional 882 1,397 1,968 2.080 2,442 3,003 3,350 3,362 Bilateral 1,773 1,817 1,300 180 207 209 283 333 Concessional 1,006 1,327 U50 162 194 204 282 333 Pri vate creditors 325 63 33 20 24 25 26 23 of which: Bonds 35 17 0 0 0 0 0 0 Commercial banks 4 9 3 0 0 0 0 0 Private nonguaranteed 177 239 1,026 979 923 1,031 1,085 1,401 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 177 239 1,026 979 923 1.031 1,085 IA01 Memo: lBRD 194 95 0 0 0 0 0 0 IDA 393 770 1,096 1,146 \,321 1,571 1,750 1,673 Public sector LDOD 3,687 4A59 3,759 3,081 3,469 4,117 4,523 4,541 Private sector LDOD 177 239 1,403 1,022 969 1,067 1.112 1,424 DISBURSEMENTS 300 494 744 547 618 842 673 881 Public and publicly guaranteed 300 427 276 374 498 618 496 434 Official creditors 291 427 263 370 495 617 494 434 Multilateral 204 383 238 324 460 597 408 351 Concessional 90 174 151 191 300 403 295 232 Bilateral 86 45 25 46 36 20 85 83 Concessional 85 45 21 41 34 20 85 83 Private creditors 9 0 13 3 3 I 2 1 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 67 468 173 119 224 177 447 Bonds Commercial banks and other ° 0 0 0 67 0 468 0 173 0 119 0 224 0 177 0 447 Memo: lBRD 0 0 0 0 0 0 0 0 IDA 49 113 61 102 104 143 124 71 PRINCIPAL REPAYMENTS 196 173 434 340 345 284 356 315 Public and publicly guaranteed 172 155 153 143 147 189 181 184 Official creditors 163 147 149 140 147 187 179 181 Multilateral 117 120 118 116 130 168 170 169 Concessional 14 22 21 15 14 24 23 27 Bilateral 46 27 32 24 16 19 9 13 Concessional 9 3 22 18 10 11 5 12 Private creditors 9 8 4 2 1 1 2 2 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 2 4 1 0 0 0 0 0 Private nonguaranteed 24 18 281 197 198 95 175 131 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 24 18 281 197 198 95 175 131 Memo: IBRD 21 26 12 0 0 0 0 0 IDA 2 2 0 1 7 6 8 8 INTEREST PAYMENTS (LINT) 117 155 159 168 100 116 124 158 Public and publicly guaranteed 103 137 112 99 68 80 78 100 Official creditors 101 133 111 97 68 79 78 99 Multilateral 69 100 82 72 61 76 75 94 Concessional 10 17 15 10 12 27 33 44 Bilateral 32 33 29 25 6 4 3 5 Concessional 6 24 23 22 5 3 2 5 Private creditors 2 4 I I 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 1 I 0 0 0 0 0 0 Private nonguaranteed 14 19 47 69 32 36 46 59 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 14 19 47 69 32 36 46 59 Memo: lBRD 15 9 0 0 0 0 0 IDA 3 6 1 7 8 12 12 67 BOLIVIA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 0.7 1.0 0.9 1.7 L5 Japanese yen 10.0 13.2 12.3 0.0 0.0 0.0 0.0 0.0 Pound sterling 0.9 0.7 0.2 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 41.3 32.7 45.0 61.0 65.9 70.7 73.0 75.4 Total amount rescheduled 153 196 0 0 3 0 0 0 Debt stock rescheduled 0 10 0 0 0 0 0 0 Principal rescheduled 81 138 0 0 0 0 0 0 Official 69 137 0 0 0 0 0 0 Private 12 1 0 0 0 0 0 0 Interest rescheduled 63 46 0 0 0 0 0 0 Official 59 46 0 0 0 0 0 0 Private 3 1 0 0 0 0 0 0 Debt forgiven 92 74 28 99 41 33 33 38 Memo: interest forgiven 60 8 8 18 13 12 17 12 Debt stock reduction 20 0 18 1,050 61 0 0 0 of which debt 4 0 0 0 0 0 0 0 Total change in debt stocks 143 396 237 -1,095 313 792 420 175 Net flows on debt 32 341 294 191 246 591 291 450 114 -33 -212 -193 113 226 80 -195 ALL CREDITORS Interest (%) 4.2 3.8 4.2 3.3 3.9 3.0 3.2 4.7 Maturity (years) 29.2 28.9 28,4 23.2 23.1 22.3 17.7 21.4 Grace period (years) 7.9 7.7 7.8 6.0 6.2 6.4 4.5 5.6 Grant element (%) 47.8 50.0 48.0 46.2 43.1 48.5 40.7 37.1 Official creditors Interest (%) 4.\ 3.8 4.2 3.3 3.9 3.0 3.2 4.7 Maturity (years) 29.5 29.1 28.6 23.3 23.2 22.3 17.7 21.4 Grace period (years) 7.9 7.8 7.9 6.1 6.2 6.4 4.5 5.6 Grant element (%J 48.4 50.4 48.2 46.5 43.2 48.5 40.7 37.1 Private creditors Interest (%) 9,4 6.7 7.4 5.9 6.3 0.0 0.0 0.0 ~aturity (years) 5.8 5.6 5.8 5.6 5.5 0.0 0.0 0.0 Grace period 1.5 1.0 0.8 1.1 1.0 0.0 0.0 0.0 Grant element 1.0 8.2 6.3 10.5 9.5 0.0 0.0 0.0 2006 2007 2008 2009 20/0 20ll TOTAL Principal 448 441 439 495 459 447 368 333 Interest 261 242 221 195 168 137 111 92 Official creditors PIincipal 253 246 238 269 286 281 278 273 Interest 153 154 148 139 126 112 98 84 Bilateral creditors Principal 28 25 25 27 29 30 29 25 Interest 11 II 11 10 10 9 7 6 Multilateral creditors Principal 225 221 212 241 257 251 250 249 Interest 142 143 137 128 117 103 90 78 Private creditors Principal 195 195 202 226 173 166 90 59 Interest 108 89 73 56 41 25 \3 7 Notes: Short -term debt has been revised from 1999 based on country reports. 68 BOSNIA AND HERZEGOVINA (US$ million, unless otherwise indicated) 2000 2003 TOTAL DEBT STOCKS (EDT) 2,776 2,660 3,145 4,464 5,249 5,564 Long-tenn debt (LDOD) 2,622 2,489 2,657 4,217 4,780 4,400 Public and publicly guaranteed 1,959 1,782 2,035 2,321 2,691 2,560 Pri vate non guaranteed 663 707 622 1,896 2,090 1,840 Use of IMF credit 48 105 111 139 134 109 62 Short-term debt 0 49 60 349 113 360 1,102 of which interest arrears on LDOD I 0 2 0 0 0 Official creditors I 0 2 0 0 0 Private creditors 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 2 0 0 0 0 0 Official creditors 2 0 0 0 0 0 Private creditors 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 138 162 226 468 631 462 Long-term debt 103 144 185 434 613 462 IMF purchases 46 36 18 41 34 18 0 Principal repayment~ 191 207 93 122 121 122 Long-term debt 171 200 70 71 74 83 IMF repurchases 28 20 8 23 51 48 39 Net flows on debt 41 -34 420 112 757 1,082 of which short-term debt 11 12 287 -234 247 742 Interest payments (INT) 128 105 83 95 121 145 Long-term debt 119 97 77 88 113 120 IMFcharges 5 5 5 3 2 3 3 Short-term debt 3 3 3 4 :; 22 Net transfers on debt -169 -14O 337 18 635 937 Total debt service paid (TDS) 318 313 176 216 243 267 Long-term debt 290 297 147 159 187 203 IMF repurchases and charges 33 25 13 26 53 51 43 Short-term debt (interest only) 3 3 3 4 5 22 ~~TRESOURCEFLOWS 648 494 707 1,062 1,441 970 Net flow of long-term debt (ex. IMF) -68 -56 1[5 363 540 380 Foreign direct investment (net) 146 118 268 382 613 299 Portfolio equity flows 0 0 0 0 0 0 Grants (excluding technical coop,) 870 570 431 325 317 289 291 Memo: technical coop. grants 62 103 123 123 152 147 135 NET TRANSFERS 529 394 626 963 1,322 846 Interest on long-term debt 119 97 77 88 113 120 Profit remittances on FDI 0 2 5 10 6 4 Gross national income (ONI) 1,625 5,638 5,977 6,650 8,265 9,763 10,420 Exports of goods, servo & inc. (XGS) 3,196 3,175 3,195 3,996 4,871 5,543 Worker remit. & comp, of employees 1,595 1,521 1,526 1,749 1,839 1,844 Imports of goods & services (MGS) 4,234 4,454 4,852 6,141 7,251 8.225 International reserves (RES) 497 1,221 1,321 1,796 2,408 2,531 Current account balance -396 -743 -1,191 -1,631 -\ ,840 -2,156 EDT IXGS (%) 86.8 83.8 98.4 .111.7 107.8 100.4 EDTfGNI(%) 492 44.5 47.3 54.0 53,8 53.4 TDS I XGS (%) 10.0 9.8 5,5 5.4 5.0 4.8 INT I XGS (%) 4.0 33 2.6 2.4 2.5 2.6 !NT I GNI(%) 2.3 1.8 1.2 1.1 1.2 1.4 RES/EDT(%) 17.9 45.9 42.0 40.2 45,9 45.5 RES I MGS (months) 1.4 3.3 3.3 3.5 4.0 3.7 Short-ternl! EDT (%) 1.8 2.2 11.1 2.5 6,9 19.8 Concessionall EDT (%) 33.4 36.1 37.1 30.2 31.4 28.4 Multilateral! EDT (%) 45.6 41.7 40,1 32.0 332 30.8 69 BOSNIA AND HERZEGOVINA (US$ million, unless otherwise indicated) 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LooD) 2,622 2,489 2,657 4,217 4,780 4,400 Public and publicly guaranteed 1,959 1,782 2,035 2,321 2,691 2,560 Official creditors 1,834 1,664 1,895 2,152 2,508 2,405 Multilateral 1,266 1,108 1,261 1,427 1,744 1,712 Concessional 460 502 644 758 1,023 1,009 Bilateral 568 556 634 725 764 693 Coneessional 467 460 522 591 624 571 Private creditors 125 118 140 169 182 155 of which: Bonds 0 0 0 0 0 0 Commercial banks 125 118 140 169 182 155 Private nonguaranteed 663 707 622 1,896 2,090 1,840 Bonds 0 0 0 0 0 0 Commercial banks and other 663 707 622 1,896 2,090 1,840 Memo: IDRD 472 562 540 538 540 527 481 IDA 0 398 443 578 683 927 921 Public sector LooD 1,959 1,782 2,035 2,321 2,689 2,557 Private sector LDOD 663 707 622 1,896 2,092 1,843 DISBURSEMENTS 103 144 185 434 613 462 Public and publicly guaranteed 98 86 136 117 287 149 Official creditors 98 86 136 117 287 149 Multilateral 90 72 108 92 275 133 ConcessionaI 62 62 98 49 225 59 Bilateral 8 14 29 25 12 17 Concessional 8 14 17 25 12 17 Private creditors 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 Private nonguaranteed 5 58 49 317 326 313 Bonds 0 0 0 0 0 0 Commercial banks and other 5 58 49 317 326 313 Memo: IDRD 0 0 0 0 0 0 0 IDA 0 44 62 97 48 209 56 PRINCIPAL REPA YMENTS 171 200 70 71 74 83 Public and publicly guaranteed 170 191 58 48 51 55 Official creditors 170 191 58 48 51 51 Multilateral 166 186 32 34 35 44 Concessional 0 1 2 2 2 2 Bilateral 4 5 26 14 16 7 ConcessionaI 4 5 13 12 13 7 Pri vate creditors 0 0 0 0 0 3 of which: Bonds 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 3 Private nonguaranteed 1 9 13 23 22 28 Bonds 0 0 0 0 0 0 Commercial banks and other I 9 13 23 22 28 Memo: IDRD 0 0 5 23 24 24 24 IDA 0 0 0 0 0 0 0 INTEREST PAYMENTS (LINT) 119 97 77 88 113 120 Public and publicly guaranteed 89 66 48 47 47 53 Oftidal creditors 86 64 45 43 42 48 Multilateral 74 54 30 29 29 35 Concessional 4 5 5 6 8 9 Bilateral 13 10 IS 14 13 13 Concessional 8 7 10 9 7 7 Private creditors 2 2 4 5 5 6 of which: Bonds 0 0 0 0 0 0 Commercial banks 2 2 4 5 5 6 Private nonguaranteed 30 31 29 41 67 67 Bonds 0 0 0 0 0 0 Commercial banks and other 30 31 29 41 67 67 Memo: IDRD 0 33 31 22 17 15 17 IDA 0 3 3 4 5 6 7 70 BOSNIA AND HERZEGOVINA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 31.1 32.2 34.7 34.7 33.9 Japanese yen 0.0 0.0 0.2 1.1 1.2 1.2 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 2.3 2.4 2.4 2.2 2.0 1.7 U .S.dollars 27.6 33.0 35.8 35.8 39.7 41.3 Total amount rescheduled 4 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 Plincipal rescheduled 2 0 0 0 0 0 Official 0 0 0 0 0 0 Plivate 2 0 0 0 0 0 Interest rescheduled I 0 0 0 0 0 Official 0 0 0 0 0 0 Private 1 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 Debt stock reductiou 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 Total change in debt stocks 395 -116 485 1,320 785 315 Net flows on debt -41 -34 420 112 757 1,082 -1l5 -78 184 240 122 -229 ALL CREDITORS Interest (%) 3.7 2.0 0.8 1.4 1.4 1.9 Maturity (years) 23.3 28.4 34.6 19.4 21.6 17.1 Grace period (years) 6.7 7.9 9.9 10.4 11.5 5.9 Grant element (% ) 45.8 62.5 78.3 63.8 66.0 51.5 Official creditors Interest (%) 3.7 2.0 0.8 1.4 1.4 1.9 Maturity (years) 23.3 28.4 34.6 19.4 21.6 17.1 Grace peliod (years) 6.7 7.9 9.9 10.4 11.5 5.9 Grant element (%) 45.8 62.5 78.3 63.8 66.0 51.5 Private creditors Interest (%) 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 0.0 0.0 0.0 0.0 0.0 0.0 Grace period 0.0 0.0 0.0 0.0 0.0 0.0 Grant element 0.0 0.0 0.0 0.0 0.0 0.0 2006 2007 2008 2009 2010 2011 2012 2013 TOTAL Principal 335 383 594 265 205 150 163 232 Interest 139 128 114 92 83 75 71 65 Official creditors Principal 107 97 100 108 108 III 107 108 Interest 57 56 54 51 48 45 42 39 Bilateml creditors Principal 53 30 30 29 29 29 29 30 Interest 15 14 14 13 12 12 II 10 Multilateral creditors Principal 54 67 70 79 78 82 78 78 Interest 42 41 40 38 36 33 31 29 Private creditors Principal 228 286 494 157 98 39 56 125 Interest 82 72 61 41 35 30 29 26 Notes: Prior to 1999 data on long-term public and publicly guaranteed debt include only mRD and IMF loans. Long-term private nonguaranteed debt data are World Bank staff estimates. Includes intercompany debt starting from 2005. 71 BOTSWANA (US$ million, unless otherwise indicated) 1995 2000 2001 2002 2003 2004 2005 TOTAL DEBT STOCKS (EDT) 552.9 717.2 452.8 399.9 488.4 513.6 510.3 473.1 Long·term debt (LDOD) 547.1 707.0 437.8 378.9 472.4 484.6 488.3 438.1 Public and publicly guaranteed 547.1 707.0 437.8 378.9 472.4 484.6 488.3 438.1 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Use of IMF credit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short·term debt 5.8 10.2 15.0 21.0 16.0 29.0 22.0 35.0 of which interest arrears on WOD 2.6 6.2 0.0 0.0 0.0 0.0 0.0 0.0 Official creditors 1.3 0.2 0.0 0.0 0.0 0.0 0.0 0.0 Private creditors 1.3 6.0 0.0 0.0 0.0 0.0 0.0 0.0 Memorandum items Principal arrears on LDOD 2.7 9.0 1.0 0.0 0.0 0.0 0.0 0.0 Official creditors 0.9 3.0 1.0 0.0 0.0 0.0 0.0 0.0 Private creditors 1.8 6.0 0.0 0.0 0.0 0.0 0.0 0.0 TOTAL DEBT FLOWS Disbursements 27.0 67.4 28.0 7.4 1.8 13.5 22.1 37.5 Long-term debt 27.0 67.4 28.0 7.4 1.8 13.5 22.1 37.5 IMF purchases 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal repayments 66.5 63.9 52.1 39.3 44.6 38.0 36.6 38.7 Long-term debt 66.5 63.9 52.1 39.3 44.6 38.0 36.6 38.7 IMF repurchases 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Net flows on debt -39.4 4.0 -28.8 -25.9 -47.8 -11.6 -21.5 11.8 of which short-ternl debt 0.1 0.6 -4.7 6.0 -5.0 13.0 -7.0 13.0 Interest payments (INT) 38.8 27.5 16.6 12.9 16.2 12.4 11.8 12.4 Long-term debt 38.6 27.3 15.2 11.9 15.2 11.4 10.8 11.4 IMF charges 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short-term debt 0.2 0.2 1.3 1.0 1.0 1.0 0.9 1.0 Net transfers on debt -78.2 -23.5 -45.3 -38.7 -63.9 -24.0 -33.2 -0.6 Total debt service paid (TDS) 105.3 91.4 68.7 52.1 60.8 50.5 48.3 51.1 Long-term debt 105.1 91.2 67.4 51.1 59.8 49.5 47.4 50.1 IMF repurchases and charges 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short-term debt (interest only) 0.2 0.2 1.3 1.0 1.0 1.0 0.9 1.0 NET RESOURCE FLOWS 134.9 107.9 45.3 12.8 381.3 418.5 397.8 373.3 Net flow oflong-ternl debt (ex. IMF) -39.5 3.4 -24.1 -31.9 -42.8 -24.6 -14.5 -1.2 Foreign direct investment (net) 95.9 70.4 57.2 22.1 403.4 418.0 391.1 278.6 Portfolio equity flows 0.0 5.5 -5.9 6.0 7.1 10.2 0.6 61.6 Grants (excluding technical coop.) 78.4 28.6 18.1 16.5 13.5 14.9 20.6 34.4 Memo: technical coop. grants 59.1 51.4 18.2 17.6 38.3 27.2 34.3 53.0 NET TRANSFER..~ -310.7 -335.1 -627.9 -342.8 -542.9 ·596.5 -705.4 ·703.7 Interest on long-teffil debt 38.6 27.3 15.2 11.9 15.2 11.4 10.8 11.4 Profit remittanees on FDI 406.9 415.7 657.9 343.7 909.0 1003.5 1092.3 1065.7 Gross national income (GNl) 3685.7 4741.3 5825.9 5896.2 5179.1 7493.3 8704.4 9584.8 Exports of goods, servo & inc. (XGS) 2421.1 2903.8 3378.6 3033.6 3076.5 4050.2 4722.0 5823.5 Worker remit & compo of employees 86.0 59.0 26.0 26.0 27.0 39.0 93.0 125.0 Imports of goods & services (MGS) 2508.9 2565.3 3050.2 2612.9 3145.6 3878.0 4910.4 4950.3 International reserves (RES) 3331.5 4695.5 6318.2 5897.3 5473.9 5339.8 5661.4 6309.1 Current account balance -19.3 299.7 545.2 617.9 143.3 462.2 287.0 1469.2 EDT/XGS (%) 22.8 24.7 13.4 13.2 15.9 12.7 10.8 8.1 EDT I GNI(%) 15.0 15.1 7.8 6.8 9.4 6.9 5.9 4.9 TDS/XGS(%) 4.3 3.1 2.0 1.7 2.0 1.2 1.0 0.9 ThlT IXGS (%) 1.6 0.9 0.5 0.4 0.5 0.3 0.2 0.2 INT IGNI(%) 1.1 0.6 0.3 0.2 0.3 0.2 0.1 0.1 RES I EDT (%) 602.5 654.7 1,395.5 1A74.8 1,120.7 1,039.6 1, 109.5 1,333.4 RES I MGS (months) 15.9 22.0 24.9 27.1 20.9 16.5 13.8 15.3 Short-term I EDT (%) 1.0 1.4 3.3 5.3 3.3 5.6 4.3 7.4 Concessionall EDT (%) 32.9 49.1 64.0 66.9 60.6 60.3 63.0 61.9 Multilateral I EDT (%) 70.0 70.1 65.7 65.0 66.6 64.8 64.3 60.8 72 BOTSWANA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 547.1 707.0 437.8 378.9 472.4 484.6 488.3 438.1 Public and publicly guaranteed 547.1 707.0 437.8 378.9 472.4 484.6 488.3 438.1 Official creditors 519.7 660.0 409.9 359.5 455.3 469.8 474.3 426.4 Multilateral 387.1 502.9 297.4 260.0 325.5 333.0 327.9 287.8 Concessional 109.8 218.6 180.1 168.8 166.2 173.0 175.2 154.2 Bilateral 132.7 157.2 112.5 99.5 129.8 136.8 146.3 138.6 Concessional 71.9 133.7 109.5 98.7 129.6 136.7 146.3 138.6 Pri vale creditors 27.4 47.0 27.9 19.3 17.1 14.8 14.0 11.7 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 3.0 32.8 19.9 12.0 10.4 8.8 8.7 7.1 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: mRD 155.2 96.3 15.6 10.2 7.4 5.0 3.4 2.1 IDA 13.6 11.5 9.1 8.7 8.2 7.7 7.2 6.7 Public sector LDOD 547.1 676.4 432.4 378.9 472.4 484.6 488.3 438.1 Private sector LDOD 0.0 30.5 5.4 0.0 0.0 0.0 0.0 0.0 DISBURSEMENTS 27.0 67.4 28.0 7.4 1.8 13.5 22.1 37.5 Public and publicly guaranteed 27.0 67.4 28.0 7.4 1.8 13.5 22.1 37.5 Official creditors 27.0 67.4 24.3 7.4 1.8 13.5 22.1 37.5 Multilateral 20.5 23.3 7.9 4.1 0.2 5.8 4.5 27.0 Concessional 11.4 13.0 6.5 3.5 0.2 0.1 3.0 0.2 Bilateral 6.5 44.0 16.4 3.2 1.6 7.6 17.6 10.5 Concessional 3.9 44.0 16.4 3.2 1.6 7.6 17.6 10.5 Private creditors 0.0 0.0 3.8 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 3.8 0.0 0.0 0.0 0.0 0.0 Private non guaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: mRD 7.0 0.6 0.0 0.0 0.0 0.0 0.0 0.0 IDA 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 PRINCIPAL REPAYMENTS 66.5 63.9 52.1 39.3 44.6 38.0 36.6 38.7 Public and publicly guaranteed 66.5 63.9 52.1 39.3 44.6 38.0 36.6 38.7 Official creditors 48.0 57.7 45.3 37.0 42.4 35.8 35.7 36.4 Multilateral 36.6 48.3 33.2 27.5 30.3 25.4 25.2 26.6 Concessional 2.7 5.9 8.7 8.0 8.5 6.9 7.6 8.2 Bilateral 11.4 9.4 12.1 9.5 12.1 10.3 10.5 9.8 Concessional 3.4 4.6 10.2 7.7 11.7 10.3 10.3 9.8 Pri vate creditors 18.5 6.2 6.9 2.2 2.2 2.3 0.8 2.3 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.2 4.5 6.2 1.6 1.6 1.6 0.2 1.6 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: mRD 19.0 23.7 7.4 4.5 3.5 3.0 1.7 1.1 IDA 0.3 0.5 0.5 0.5 0.5 0.5 0.5 0.5 INTEREST PAYMENTS (LINT) 38.6 27.3 15.2 11.9 15.2 11.4 10.8 11.4 Public and publicly guaranteed 38.6 27.3 15.2 11.9 15.2 11.4 10.8 11.4 Official creditors 35.6 24.2 13.9 11.4 14.9 11.2 10.6 11.1 Multilateral 27.8 21.0 11.1 8.4 11.3 8.4 7.7 7.4 Concessional 2.5 1.7 2.6 2.2 2.7 2.0 2.0 2.0 Bilateral 7.8 3.2 2.9 3.0 3.6 2.8 2.9 3.7 Concessional 1.8 1.0 2.4 2.7 3.6 2.8 2.9 3.7 Private creditors 3.0 3.0 1.3 0.5 0.3 0.2 0.2 0.2 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.1 2.2 0.7 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: mRD 14.2 8.6 1.2 0.7 0.5 0.3 0.2 0.1 IDA 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 73 BOTSWANA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 Euro 8.6 6.1 6.9 7.2 6.5 Japanese yen 4.4 11.1 11.4 10.7 17.4 17.9 17.4 16.1 Pound sterling 10.1 3.8 2.3 2.0 5.5 5.5 5.3 4.9 Swiss franc 0.0 0.1 0.1 0.1 0.2 0.2 0.2 0.1 U.S.dollars 11.9 13.4 18.0 19.8 23.8 21.7 19.9 19.4 1;,DI1!8T R.miTR.lJ.CTIJ~ Total amount rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt stock rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Interest rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 0.0 0.0 0.0 n.o 0.0 0.0 Debt forgiven 0.0 n.n 0.0 1.1 o.n 0.0 0.0 0.0 Memo: interest forgiven 0.0 0.0 o.n 0.0 0.0 n.o 0.0 0.0 Debt stock reduction 0.0 0.0 0.0 0.0 0.0 00 0.0 0.0 of which debt 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 &DUT~.FLOW ltECONt$.IATI9N Total change in debt stocks 3.1 16.8 -51.5 -52.9 88.6 25.2 -3.4 -37.1 Net flows on debt -39.4 4.0 -28.8 -25.9 -47.8 -11.6 -21.5 11.8 Cross-currency valuation 21.2 0.2 -10.5 0.1 11.8 0.3 4.0 -24.3 9..A.~GEmBl\fSOFNEW CO~MENTS· AIJL CREDITORS Interest (%) 6.8 0.0 0.0 3.9 0.0 3.2 3.1 1.6 Maturity (years) 15.2 0.0 0.0 11.9 19.3 14.9 20.5 12.0 Grace period (years) 4.4 0.0 0.0 3.9 10.3 5.1 5.0 3.0 Grant element (%) 18.1 0.0 0.0 30.9 74.6 40.8 45.9 41.3 Official creditors Interest (%) 5.6 0.0 0.0 3.9 0.0 3.2 3.1 1.6 Maturity (years) 175 0.0 0.0 11.9 19.3 14.9 20.5 12.0 Grace period (years) 4.5 0.0 0.0 3.9 10.3 5.1 5.0 3.0 Grant element (%) 26.5 0.0 0.0 30.9 74.6 40.8 45.9 41.3 Private creditors Interest (%) 8.9 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 11.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period (years) 4.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element (%) 4.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 l~~~l'i.~˘'l'J;J~9Qf;.l(1A1'l()"f)NO~T~~~LOl\j~T~~PT·· 2006 2007 2008 2009 2010 TOTAL Ptincipal 45.5 41.7 44.5 40.7 38.4 36.5 32.9 27.3 Interest 12.0 10.5 8.9 7.5 6.3 5.2 4.1 3.3 Official creditors Principal 42.4 38.6 41.4 40.0 37.9 35.9 32.3 27.3 Interest 11.1 9.8 8.5 7.3 6.2 5.1 4.1 3.3 Bilateral creditors Principal 11.3 ] 1.6 14.0 13.7 13.7 13.3 11.7 9.9 Interest 3.5 3.2 2.9 2.6 2.2 1.8 1.5 1.2 Multilateral creditors Principal 31.1 27.0 27.4 26.3 24.1 22.6 20.6 17.3 Interest 7.6 6.6 5.6 4.8 4.0 3.3 2.6 2.1 Private creditors Principal 3.1 3.1 3.1 0.7 0.6 0.6 0.6 0.0 Interest 0.8 0.6 0.4 0.2 0.2 0.1 0.0 0.0 Notes: 74 BRAZIL (US$ million, unless othelwise indicated) 2000 TOTAL DEBT STOCKS (EDT) 119,964 160,515 243,669 231,085 233,107 236,587 220,382 187,994 Long-term debt (LDOD) 94,427 129,136 210,927 194,474 188,884 183,676 170,085 164,001 Public and publicly guaranteed 87,756 98,306 98,246 98,194 101,337 101,277 97,701 94,497 Private nonguaranteed 6,671 30,830 112,682 96,280 87,547 82,399 72.384 69,505 Use of IMF credit 1,821 142 1,768 8,337 20,827 28,317 25,029 Short-term debt of which interest arrears on LDOD 23,716 8,791 31,238 1,546 30,973 177 28,273 23,395 24,594 0 25,267 ° 23,993 0 Official creditors Private creditors 332 8,459 1,185 361 lO7 70 ° ° 0 ° ° 0 ° 0 ° 0 0 0 0 Memorandum items Principal arrears on LDOD 3,694 3,972 1,840 0 0 5 4 Official creditors Private creditors 789 2,905 884 3,088 599 1,240 ° 0 ° 0 0 0 0 0 5 0 4 TOTAL DEBT FLOWS Disbursements 4,087 20,216 44,926 45,070 40,574 45,086 26,500 27,402 Long-tenn debt 4,087 20,216 44,926 38,351 24,681 27,411 26,500 27,402 IMF purchases 0 0 0 6,718 15,893 17,674 0 0 Principal repayments 5,913 11,054 47,733 37,342 37,289 42,448 38,667 49,305 Long-tenn debt 5,147 11,005 41,040 37,342 32,643 30,00] 34,311 25,495 IMF repurchases 765 49 6,693 0 4,646 12,447 4,357 23,810 Net flows on debt -1,727 8,804 -975 5,204 -1,594 3,836 -11,495 -23,178 of which short-tenn debt 99 -359 1,831 -2,524 -4,878 1,199 673 -1,274 Interest payments (INT) 2,260 10,522 17,185 17,352 15,189 16,597 14,897 13,457 Long-tenn debt 2,029 8,720 15,355 15,862 13,957 14,160 11,739 10,478 IMFcharges 231 10 336 133 467 757 1,208 1,079 Short-tenn debt 0 1,792 1,494 1,357 765 1,680 1,950 1,900 Net transfers on debt -3,986 -1,718 -18,160 -12,148 -16,783 -12,761 -26,391 -36,634 Total debt service paid (TDS) 8,172 21,576 64,917 54,694 52,479 59,045 53,564 62,762 Long-tenn debt 7,176 19,724 56,394 53,205 46,600 44,160 46,049 35,973 IMF repurchases and charges 996 59 7,029 133 5,114 13,205 5,565 24,888 Short-tenn debt (interest only) 0 1,792 1.494 1,357 765 1,680 1,950 1,900 NET RESOURCE FLOWS 72 16,910 39,796 26,028 10,681 10,608 12,526 23,663 Net flow of long-tenn debt (ex, IMF) -1.060 9,211 3,887 1,009 -7,962 -2,590 -7,811 1,906 Foreign direct investment (net) 989 4,859 32,779 22,457 16,590 10,144 18,166 15,193 Portfolio equity flows 103 2,775 3,076 2,481 1,981 2,973 2,081 6,451 Grants (excluding technical coop,) 41 65 54 81 72 82 90 112 Memo: technical coop, grants 145 239 187 169 176 219 201 192 :tI."ET TRANSFERS -3,849 5,376 20,204 5,161 -9,226 -9,535 -6,073 2,209 Interest on long-term debt 2,029 8,720 15,355 15,862 l3,957 14,160 11,739 10,478 Profit remittances on FDI 1,892 2,814 4,238 5,006 5,950 5,984 6,860 10,976 Gross national income (GNI) 449,672 693,lO3 583,804 489,286 443,005 487,823 583,976 770,748 Exports of goods, serv, & inc, (XGS) 36,854 58,989 69,317 72,003 74,919 88,888 114,716 140,077 Worker remiL & comp, of employees 573 3,315 1,649 1,775 2,449 2,822 3,576 3,540 Imports of goods & services (MGS) 40,949 77,855 93,950 95,676 83,235 85,559 lO3,788 126,956 International reserves (RES) 9.200 51,477 33,008 35,866 37,835 49,297 52,935 53,799 Current account balance -3,823 -18,136 -24,225 -23,215 -7,637 4,177 11,738 14,199 EDT/XGS (%) 325.5 272.1 351.5 320,9 31Ll 266.2 192,1 134,2 EDT I GNI (%) 26,7 23,2 41.7 47,2 52,6 48,5 37,7 24.4 TDS I XGS (%) 22.2 36,6 93,7 76,0 70,0 66.4 46,7 44,8 INT! XGS (%) 6.1 17.8 24,8 24,1 20.3 18,7 l3,0 9.6 INT I GNI (%) 0.5 1.5 2.9 3,5 3.4 3.4 2,6 1.7 RES / EDT(%) 7.7 32.1 l3.5 15.5 16,2 20.8 24.0 28,6 RES/MGS (months) 2,7 7,9 4.2 4.5 5.5 6.9 6.1 5,1 Short-ternl! EDT (%) 19,8 19,5 12,7 12,2 10.0 10.4 11,5 12,8 Concessional! EDT (%) 2.5 3.7 0.9 Ll 1.4 1.4 1.5 1.6 Multilateral I EDT (%) 9.5 5,8 7.5 8.4 9.0 8.7 8,8 lO,2 75 BRAZIL (US$ million. unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OliTSTANDING (LDOD) 94,427 129,136 210,927 194,474 188,884 183,676 170,085 164,001 Public and publicly guaranteed 87,756 98,306 98,246 98,194 101,337 101,277 97,701 94,497 Official creditors 29,348 27,837 29,360 28.827 31,122 29,629 27,110 25,542 Multilateral 11,391 9,366 18.240 19,373 20,969 20,528 19,431 19,247 Concessional 16 0 3 3 3 3 9 96 Bilateral 17,956 18,471 11,120 9,455 10,152 9,101 7,678 6,294 Concessional 3,001 5,943 2,114 2,649 3,209 3,318 3,389 2,990 Private creditors 58,409 70,468 68,885 69,367 70,216 71,648 70.591 68.955 of which: Bonds 2,339 54,615 55,802 50,318 54,564 60,719 57,846 59,090 Commercial banks 47,461 12,170 11,875 17,144 14,591 10,476 12,263 9,487 Private nonguaranteed 6,671 30,830 112,682 96,280 87,547 82,399 72,384 69,505 Bonds 0 11,290 16,846 17,637 16,476 42,018 38,376 35,969 Commercial bauks and other 6,671 19,540 95,836 78,643 71,071 40,381 34,008 33,536 Memo: ffiRD 8,427 6,038 7,377 7,963 8,585 8,588 8,668 8,083 IDA 0 0 0 0 0 0 0 0 Public sector LDOD 87,186 97,438 97,800 97,869 100,563 99,993 96,324 93,150 Private sector lDOD 7.241 31,698 113,127 96,606 88,322 83,683 73,761 70,852 DISBURSEMENTS 4,087 20,216 44,926 38,351 24,681 27,411 26,500 27,402 Public and publicly guaranteed 3,212 8,120 20,511 15,892 14,223 12,110 12,395 13,195 Official creditors 1,322 2,005 5,257 4,339 5,247 3,191 2,618 3,318 Multilateral 1,001 1,257 4,468 2,651 3,077 2,344 1,937 2,324 Concessional 0 0 3 0 0 0 6 87 Bilateral 321 747 790 1,687 2,170 846 682 994 Concessional 86 16 526 458 814 573 560 490 Private creditors 1,890 6,116 15,254 11,554 8,975 8,919 9,777 9,877 of which: Bonds 200 1,661 11,529 7,870 4,772 8,000 5,743 8,252 Commercial banks 864 4,351 3,713 3,598 4,150 898 4,007 1,617 Private nonguaranteed 875 12,096 24,415 22,459 10,458 15,301 14,105 14,207 Bonds 0 4,563 2,886 2,930 2,055 5,160 5,199 6,579 Commercial banks and other 875 7,533 21,529 19,529 8,404 10,142 8,905 7,627 Memo: ffiRD 782 838 1,692 1,639 1,400 1,291 1,447 773 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 5,147 Il,005 41,040 37,342 32,643 30,001 34,311 25,495 Public and publicly guaranteed 4,139 6,525 17,226 13,227 15,248 14,369 13,103 9,189 Official creditors 1,956 3,719 7,048 1.597 4,575 5,593 5,434 3,284 Multilateral 1,518 1,683 4,308 1,114 2,153 3,593 3,414 1,757 Concessional Bilateral 6 439 1 2,035 0 2,740 0 483 0 2,422 ° 2,001 0 2,019 0 1,527 Concessional 29 408 224 122 507 398 454 428 Pri valc creditors 2,183 2,806 10,178 11,630 10,673 8,775 7,669 5,905 of which: Bonds 7J 919 8,397 6,979 2,172 3,815 5,707 4,187 Commercial banks 1,616 1,051 1,547 4,379 7,441 4,458 1,941 1,698 Private nonguaranteed 1,008 4,480 23,813 24,116 17,395 15,632 21,208 16,306 Bonds 0 2,670 2,775 2,117 3,280 1,561 9,671 7,063 Commercial banks and other 1,008 1,810 21,038 21,999 14,116 14,071 11,536 9,243 Memo: ffiRD 1,251 1,377 887 828 1,063 1,633 1,564 1,029 IDA 0 0 0 0 0 0 0 0 INTEREST PAYMENTS (LINT) 2,029 8,720 15,355 15,862 13,957 14,160 11,739 10,478 Public and publicly guaranteed 1,569 6,624 7,000 7,259 7,078 7,057 7,244 6,864 Official creditors 1,273 1,567 1,916 1,557 1,620 1,480 1,181 1.034 Multilateral 966 750 1,400 1,383 1,164 1,081 840 801 Concessional 1 0 0 0 0 0 0 I Bilateral 307 817 516 173 456 400 341 233 Concessional 13 247 81 60 92 96 105 102 Private creditors 296 5,057 5,084 5,702 5,457 5,577 6,064 5,830 of which: Bonds 14 4,416 4,286 4,500 4,089 4,475 5,124 5,097 Commercial banks 46 376 759 1,187 1,316 1,092 936 730 Private nonguaranteed 460 2,095 8,355 8,603 6,879 7,102 4,494 3,614 Bonds 0 837 1,562 1,632 1,707 1,921 3,046 2,161 Commercial banks and other 460 1.258 6,793 6,971 5,172 5,182 1,448 1,453 Memo: ffiRD 725 491 464 533 459 377 287 307 IDA 0 0 0 ° 0 0 0 0 76 BRAZIL (US$ million, unless otherwise indicated) Euro 16,5 15.0 13.5 14.7 ILl Japanese yen 7.4 8.6 7.3 8.4 8.3 6.5 6.8 6.1 Pound sterling 1.8 1.8 1.0 0.8 0.6 0.5 0.4 0.2 Swiss franc 1.0 0.3 0.3 0.3 0.2 0.2 0.1 0.1 U.s.dollars 60.3 68.2 68.8 68.2 70.3 73.7 72.6 77.7 Total amount rescheduled 1,316 234 0 0 0 0 81 4,271 Debt stock rescheduled 0 0 0 16 0 0 0 4,271 Principal rescheduled 1,064 0 0 1,047 0 0 16 6 Official 212 0 0 40 0 0 0 3 Private 852 0 0 1,007 0 0 16 3 Interest rescheduled 274 0 0 63 0 0 0 0 Official 69 0 0 1 0 0 0 0 Private 205 0 0 61 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 1,259 0 6,479 4,531 0 0 0 0 of which debt 776 0 6,342 4,531 0 0 0 0 Total change in debt stocks 5,327 8,085 -1,801 -12,584 2,022 3,481 -16,206 -32,387 Net flows on debt -1,727 8,804 -975 5,204 -1,594 3,836 -11,495 -23,178 valuation 664 -2,545 -2,119 5,372 6,975 2,844 -3,896 ALL CREDITORS Interest (0/0) 8.2 7.3 8.5 6.4 7.6 7.5 6.5 7.6 Maturity (years) 11.8 7.7 13.0 9.4 12.6 10.6 13.7 15.8 Grace period (years) 3.7 2.9 9.7 4.9 6.4 8.7 10.7 ]1.5 Grant element (%) 8.9 9.8 2.1 13.9 15.1 12.1 16.5 15.0 Official creditors Interest (0/0) 7.4 5.9 5.7 4.8 3.9 2.2 3.0 4.5 Maturity (years) 15.2 19.8 8.6 lOA 18.3 12.0 16.2 18.7 Grace period (years) 4.1 4.9 1.2 2.1 5.0 4.9 3.4 4.3 Grant element (%) 14.9 25.2 13.8 21.7 37.7 41.l 38.2 34.3 Private creditors Interest (0/0) 9.0 7.7 9.9 7.5 10.6 8.2 7.5 8.8 Maturity (years) 8.0 3.3 15.2 8.8 7.9 10.4 13.1 14.6 Grace period 3.2 2.1 14.0 6.8 7.6 9.3 12.7 14.3 Grant element 2.5 4.1 -3.8 8.4 -3.3 8.0 10.5 7.4 TOTAL Principal 28.903 22,134 16,411 13,430 13,222 9,408 7,428 8,169 Interest 13,465 10,474 8,586 7,581 6,566 5,902 5,120 4.631 Official creditors Principal 6.377 2,503 2,389 2,585 2,631 2,627 2,492 2.169 Interest 1.293 1,119 1,056 972 861 749 634 521 Bilateral creditors Principal 4,606 548 444 634 584 424 419 415 Interest 307 153 144 132 101 82 65 49 Multilateral creditors Principal 1,771 1,956 1,946 1,951 2,047 2,204 2,073 1.754 Interest 986 966 912 841 760 668 569 473 Private creditors Principal 22,526 19,631 14,022 10,845 10,591 6,781 4,936 6.000 Interest 12,172 9,355 7.530 6,609 5,705 5,152 4,485 4,110 Notes: Short-term debt is based on reports provided by the country. Revised data in 2004 were provided by the country. 77 BULGARIA (US$ million, unless otherwise indicated) 1995 2000 2001 TOTAL DEBT STOCKS (EDT) 10,890 10,379 11,212 10,497 11,479 13,045 14,959 16,786 Long-term debt (LDOD) 9,834 9,150 8,440 8,168 8,591 9,195 10,539 11,922 Public and publicly guaranteed 9,834 8,808 7,671 7,387 7,480 7,369 6)32 4,587 Private nonguaranteed 0 342 769 782 1,111 1,826 3,807 7,335 Use of IMF credit 0 717 1,322 1,110 1,049 1,188 1,183 660 Short-term debt 1,056 512 1,450 1,219 1,839 2,663 3,237 4,204 of which interest arrears on LDOD 226 74 0 0 0 0 0 0 Official creditors 5 5 0 0 0 0 0 0 Private creditors 221 68 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 356 227 1 0 0 0 0 0 Official creditors I 25 0 0 0 0 0 0 Private creditors 354 201 I 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 875 259 995 839 983 1,042 3,054 5,972 Long-term debt 875 259 719 706 874 896 2,977 5,972 IMF purchases 0 0 276 133 109 145 77 0 Principal repayments 865 565 712 803 1,006 634 1,806 5,131 Long-term debt 865 319 573 502 753 527 1,674 4,687 IMF repurchases 0 246 139 301 253 107 132 443 Net flows on debt -14 -194 465 -195 598 1,044 1,823 1,809 of which short-term debt -24 113 183 -232 620 636 574 967 Interest payments (INT) 510 575 584 572 391 484 543 656 Long-term debt 452 501 456 457 306 395 424 489 IMF charges 0 50 63 58 31 20 31 37 Short-term debt 58 24 65 57 53 69 89 130 Net transfers on debt ·523 ·769 -119 -767 207 560 1,279 1,153 Total debt service paid (TDS) 1,374 1,140 1,296 1,375 1,396 1,118 2,350 5,787 Long-term debt 1,316 820 1,029 959 1,059 922 2,097 5,176 IMF repurchases and charges 0 296 202 359 284 127 163 481 Short-term debt (interest only) 58 24 65 57 53 69 89 130 NET RESOURCE FLOWS 17 52 1,282 1,182 1,164 2,654 4,350 3,991 Net flow of long-term debt (ex. IMP) 11 -61 145 204 121 369 1.303 1,285 Foreign direct investment (net) 4 90 1,002 813 905 2,097 2,653 2,614 Portfolio equity flows 0 0 5 -9 -23 -23 1 92 Grants (excluding technical coop.) 3 22 130 174 161 211 393 0 Memo: technical coop. grants 1 91 150 104 138 182 202 0 NET TRANSFERS -434 -449 719 577 630 1,708 3,170 2,849 Interest on long-term debt 452 501 456 457 306 395 424 489 Profit remittances on FDI 0 0 107 149 228 551 756 654 Gross national income (GNI) 19,083 12,681 12,281 13,626 15,949 20,264 24,596 26,953 Exports of goods, servo & inc. (XGS) 7,070 6,926 7,321 8,384 8,982 12,022 16,452 18,535 Worker remit. & compo of employees 0 0 58 71 1,177 1,718 2,244 2,130 Imports of goods & services (MGS) 8,905 7,084 8,314 9,285 9,348 13.058 18.015 21,760 International reserves (RES) 1,635 3,507 3.646 4,846 6,826 9,337 8,697 Current account balance -1,710 -26 -703 -805 -319 -1,022 -1,45 I -3,004 EDT IXGS (%) 154.0 149.9 153.2 125.2 127.8 108.5 90.9 90.6 EDT I GNI (%) 57.1 81.8 91.3 no 72.0 64.4 60.8 62.3 TDS I XGS (%) 19.4 16.5 17.7 16.4 15.5 9.3 14.3 31.2 lNT/XGS(%) 7.2 8.3 8.0 6.8 4.3 4.0 3.3 3.5 lNT/GNl(%) 2.7 4.5 4.8 4.2 2.4 2.4 2.2 2.4 RES I EDT(%) 15.8 31.3 34.7 42.2 52.3 62.4 51.8 RES I MGS (months) 2.8 5.1 4.7 6.2 6.3 6.2 4.8 Short-term I EDT (%) 9.7 4.9 12.9 11.6 16.0 20.4 21.6 25.0 Concessionall EDT (%) 0.7 1.8 3.4 3.5 2.9 3.3 3.2 2.9 Multilateral I EDT (%) 2.0 11.9 13.8 14.6 15.8 17.3 17.6 14.6 78 BULGARIA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 DEBT OUTSTANDING (LDOn) 9,834 9,150 8,440 8,168 8,591 9,195 10,539 11,922 Public and publicly guaranteed 9,834 8,808 7,671 7,387 7,480 7,369 6,732 4,587 Official creditors 1,669 2,950 2,603 2.324 2,467 2,937 3,286 3,038 Multilateral 222 1,230 1,542 1,531 1,808 2,261 2,634 2,450 Concessional 0 0 6 8 32 83 99 119 Bilateral 1,447 1,720 1,061 793 659 676 652 587 Concessional 77 186 370 361 305 352 376 361 Private creditors 8,165 5,857 5,068 5,063 5,012 4,432 3,446 1,549 of which: Bonds 327 5,412 4,982 4,979 4.898 4,279 3,263 1,438 Commercial banks 7,084 394 26 29 49 78 105 111 Private nonguaranteed 0 342 769 782 1,111 1,826 3,807 7,335 Bonds 0 0 0 0 0 58 315 526 Commercial banks and other 0 342 769 782 1,111 1,768 3,492 6,809 Memo: IBRD 0 444 824 844 958 1,266 1,498 1,453 IDA 0 0 0 0 0 0 0 0 Public sector LDOD 9,834 8,808 7,671 7,387 7,480 7,369 6,732 4,587 Private sector LDOD 0 342 769 782 1.111 1,826 3,807 7,335 DISBURSEMENTS 875 259 719 706 874 896 2,977 5,972 Public and publicly guaranteed 875 259 405 454 145 342 435 394 Official creditors 80 129 381 226 127 317 400 375 Multilateral 44 38 156 163 99 292 373 321 Concessional 0 0 1 2 22 43 10 35 Bilateral 36 91 225 63 28 26 27 S5 Concessional 0 32 225 43 28 26 27 55 Private creditors 795 129 24 229 19 25 35 19 of which: Bonds 65 33 0 224 0 0 0 0 Commercial banks 652 96 24 5 19 25 35 19 Private nonguaranteed 0 0 313 252 729 554 2,542 5,578 Bonds 0 0 0 0 0 52 253 249 Commercial banks and other 0 0 313 252 729 502 2,289 5,329 Memo: IBRD 0 15 71 88 39 185 204 200 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 865 319 573 502 753 527 1,674 4,687 Public and publicly guaranteed 865 319 345 402 320 315 981 1,761 Official creditors 23 92 297 377 236 243 273 255 Multilateral 22 25 58 126 80 144 179 214 Concessional 0 0 0 0 0 0 1 1 Bilateral 1 67 239 252 156 99 93 41 Concessional 0 0 50 49 17 20 17 25 Private creditors 842 228 48 25 84 71 708 1,507 of which: Bonds 0 39 46 22 79 67 696 1,496 Commercial banks 241 182 1 1 I 1 9 11 Private nonguaranteed 0 0 229 100 433 212 693 2,926 Bonds 0 0 0 0 0 0 0 10 Commercial banks and other 0 0 229 100 433 212 693 2,916 Memo: IBRD 0 0 27 32 37 50 80 85 IDA 0 0 0 0 0 0 0 0 INTEREST PAYMENTS (LINT) 452 501 456 457 306 395 424 489 Public aud publicly guaranteed 452 501 424 425 263 349 351 338 Official creditors 14 178 139 135 102 100 94 93 Multilateral 13 61 81 83 76 79 75 75 Concessional 0 0 0 0 I 2 2 3 Bilateral 0 118 58 51 26 21 19 18 Concessional 0 4 10 9 7 8 9 9 Private creditors 438 323 285 290 161 249 256 244 of which: Bonds 15 315 284 289 159 246 253 239 Commercial banks 337 7 0 1 2 2 4 5 Private nonguaranteed 0 0 32 32 43 46 73 151 Bonds 0 0 0 0 0 4 5 30 Commercial banks and other 0 0 32 32 43 42 68 121 Memo: ffiRD 0 31 49 48 41 42 41 40 IDA 0 0 0 0 0 0 0 0 79 BULGARIA I US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 14.9 30.4 32.3 38.6 45.1 Japanese yen 6.6 9.0 5.5 4.6 3.9 3.9 3.9 5.7 Pound sterling 0.3 0.2 0.1 0.0 0.0 0.0 0.0 0.0 Swiss franc 7.7 L1 0.3 0.1 0.1 0.0 0.0 0.0 U.S.dollars 42.1 66.1 80,1 79.0 64.3 62.4 56.2 47.6 Total amount rescheduled 0 84 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 38 0 0 0 0 0 0 Official 0 33 0 0 0 0 0 0 Private 0 5 0 0 0 0 0 0 Interest rescheduled 0 10 0 0 0 0 0 0 Official 0 9 0 0 0 0 0 0 Private 0 1 0 0 0 0 0 0 Debt forgiven 0 0 10 I 7 5 0 72 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 0 0 I 201 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 753 550 192 -716 982 \,566 1,914 1,827 Net flows on debt -14 -194 465 -195 598 1,044 1,823 1.809 valuation 617 107 -215 -159 356 635 225 -444 ALL CREDITORS Interest (%) 9.1 5.5 6.5 6.6 3.3 3.1 2.8 2.8 Maturity (years) 3.5 15.3 15.6 10.9 24.5 15.9 15.3 16.2 Grace period (years) 2.4 5.0 4.5 5.9 3.7 5.0 4.8 4.7 Grant element (%) 2.3 24.5 20,1 18.3 46.7 41.9 42.8 43.0 Official creditors Interest (%) 9.3 5,9 6.2 5.5 3.3 3.1 2.8 2.8 Maturity (years) 7.2 17.3 15.5 18.6 24.S 15.9 15.3 16.2 Grace period (years) 3.0 5.4 4.4 5.5 3.7 5.0 4.8 4.7 Grant element (%) 2.8 25.0 21.6 28.2 46.7 41.9 42.8 43,0 Private creditors Interest (%) 9.1 3.4 7.6 7.3 0.0 0.0 0.0 0.0 Maturity (years) 3,2 4.7 16,0 6.2 0,0 0.0 0.0 0.0 Grace period (years) 2.3 3.2 4.9 6.2 0.0 0.0 0.0 0.0 Grant element (%) 2.3 21.7 \3.2 12.2 0.0 0.0 0.0 0.0 TOTAL Principal 1,654 1,595 2,217 2,033 1,029 742 225 743 Interest 480 338 280 240 217 201 179 169 Official creditors Principal 383 372 369 294 224 215 211 218 Interest 138 122 106 90 78 69 61 52 Bilateral creditors Principal 113 82 82 103 52 45 45 4S Interest 25 22 20 17 13 12 11 10 Multilateral creditors Principal 270 290 287 191 172 170 166 173 Interest 113 100 86 74 65 57 49 42 Private creditors Principal 1,271 1,223 1,848 1,739 805 527 14 524 Interest 342 216 174 150 139 131 118 117 Notes: Short-term debt data have been revised from 1996 based on data from Bulgaria National Bank. Rescheduling: Data include the effects of the exchange of Brady Bonds for Global Bonds in 2002. 80 BURKINA FASO (US$ million. unless otherwise indicated) 2004 TOTAL DEBT STOCKS (EDT) 832 1,271 1,424 1,495 1,548 1,736 2,049 2,045 Long-term debt (LDOD) 748 1,140 1,228 1,315 1,409 1,598 1,905 1,920 Public and publicly guaranteed 748 1,140 1,228 1,315 1,409 1,598 1,905 1,920 Pri vate non guaranteed 0 0 0 0 0 0 0 0 Use or IMF credit 0 75 112 117 126 125 115 104 Short-term debt 84 56 84 63 13 14 29 21 of which interest arrears on LDOD 21 12 5 5 4 0 0 0 Official creditors 14 11 4 4 2 0 0 0 Private creditors 7 1 1 I 2 0 0 0 Memorandum items Principal arrears on LDOD 64 37 42 38 37 33 72 77 Official creditors 34 34 38 38 37 33 72 77 Private creditors 30 3 3 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 77 139 99 162 148 127 255 219 Long-term debt 77 112 91 141 133 122 250 203 IMP purchases 0 27 7 21 14 5 5 15 Principal repayments 19 28 33 25 27 31 33 29 Long-term debt 18 28 26 18 19 28 30 25 IMF repurchases I 0 7 7 8 3 3 4 Net flows on debt 68 124 47 117 71 101 237 182 of which short-term debt 10 14 -19 -20 -50 5 15 -8 Interest payments (INT) 16 20 14 13 17 16 17 17 Long-term debt 10 18 12 10 14 15 16 16 IMFcharges 0 0 1 1 1 1 1 0 Short-term debt 6 2 I 2 2 0 I 1 Net transfers on debt 52 104 33 104 54 84 220 165 Total debt service paid (TDS) 34 48 47 38 44 47 50 46 Long-term debt 28 46 38 28 33 43 46 41 IMP repurchases and charges I 0 7 7 9 4 3 4 Short-term deht (interest only) 6 2 2 2 0 I I NET RESOURCE FLOWS 217 335 299 335 365 444 610 596 Net flow of long-term debt (ex. IMF) 59 83 65 123 114 94 220 178 Foreign direct investment (net) 0 10 23 9 15 29 14 19 Portfolio equity flows 0 0 -3 1 0 0 0 0 Grants (excluding technical coop.) 158 242 213 203 235 321 375 398 Memo: technical coop. grants 112 123 76 81 79 104 106 97 NET TRANSFERS 201 317 284 321 351 429 594 579 Interest on long-term debt 10 18 12 10 14 15 16 16 Profit remittances on FDI 6 0 3 5 0 0 0 0 Gross national income (GNI) 3,113 2,453 2,596 2.808 3.202 4,181 4.814 5.159 Exports of goods. servo & inc. (XGS) 506 313 319 Worker remit. & compo of employees 140 80 67 50 50 50 50 50 Imports of goods & services (MGS) 776 691 690 International reserves (RES) 305 347 244 261 313 752 669 438 Current account balance -77 -319 -291 EDT/XGS (%J 164.3 455.0 468.8 EDT/GNl(%) 26.7 51.8 54.9 53.2 48.4 41.5 42.6 39.6 TDS I XGS (%) 6.8 14.9 11.8 INT I XGS (%) 3.1 4.4 4.0 !NT I GNI (%) 0.5 0.8 0.5 0.5 0.5 0.4 0.4 0.3 RES/EDT(%) 36.6 27.3 17.1 17.4 20.2 43.3 32.7 21.4 RES I MGS (months) 4.7 4.2 4.5 Short-term / EDT (%) 10.1 4.4 5.9 4.2 0.8 0.8 1.4 1.0 Concessionall EDT (% ) 71.6 79.0 82.3 84.0 87.3 89.3 91.6 93.1 Multilateral! EDT (%) 67.7 77.2 72.1 72.3 81.2 83.6 82.5 83.6 81 BURKINA FASO (US$ million, unless otherwise indicated) 2000 DEBT OUTSTANDING (LDOD) 748 1,140 1,228 1,315 1,409 1,598 1,905 1,920 Public and publicly guaranteed 748 1,140 1,228 1,315 1,409 1,598 1,905 1,920 Ofticial creditors 710 1,135 1.225 1.315 1,409 1.598 1,905 1,920 Multilateral 563 981 1.026 1,081 1,258 1,451 1,691 1,710 Concessional 458 912 990 1,048 1,224 I A18 1,665 1,695 Bilateral 147 154 198 234 151 147 214 210 Concessional 138 92 182 209 128 132 211 208 Private creditors 38 5 3 0 0 0 0 0 0 0 0 0 0 0 0 of which: Bonds Commercial banks Private nonguaranteed 0 1 ° 0 0 0 0 0 0 0 0 0 ° 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 282 608 593 636 745 861 1,027 1.043 Public sector LOOO 747 1.140 1,228 1,315 1,409 1,598 1,905 1,920 Private sector LOOD 1 0 0 0 0 0 0 0 DISBURSEMENTS 77 Il2 91 141 133 122 250 203 Public and publicly guaranteed 77 Il2 91 141 133 122 250 203 Official creditors 77 112 91 141 133 122 250 203 Multilateral 43 106 76 J 17 126 109 204 191 Concessional 33 104 74 113 123 108 199 190 Bilateral 34 6 16 24 7 13 46 13 Concessional 34 6 16 13 7 13 46 13 Private creditors 0 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRO 0 0 0 0 0 0 0 0 IDA 15 85 38 71 68 55 132 107 PRINCIPAL REPAYMENTS 18 28 26 18 19 28 30 25 Public and publicly guaranteed 18 28 26 18 19 28 30 25 Official creditors 18 28 26 18 19 28 30 25 Multilateral 13 24 20 13 16 19 22 18 Coneessional 10 16 15 11 12 17 18 15 Bilateral 4 4 6 5 4 8 8 7 Concessional 3 3 5 4 3 7 6 7 Private creditors 0 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRD 0 0 0 0 0 0 0 0 IDA I 4 1 2 2 3 4 5 INTEREST PAYMENTS (UNT) 10 18 12 10 14 15 16 16 Public and publicly guaranteed 10 18 12 10 14 15 16 16 Official creditors 10 18 12 10 14 15 16 16 Multilateral 7 11 9 7 12 12 13 14 Concessional 4 7 8 6 11 II 12 14 Bilateral 3 6 2 3 2 3 3 2 Coneessional 3 1 2 3 2 3 3 2 Pri vale creditors 0 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRO 0 0 0 0 0 0 0 0 IDA 2 4 4 2 4 5 7 8 82 BURKINA FASO (US$ million. unless othenvise indicated) 1995 2000 2001 2002 2003 Euro 4.8 3.8 3.4 2.6 1.9 Japanese yen 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Pound sterling 0.5 0.3 0.1 0.1 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 39.1 55.5 59.3 60.4 59.4 59.6 57.7 55.5 Total amount rescheduled 0 0 17 3 23 0 119 0 Debt stock rescheduled 0 0 12 0 23 0 113 0 Principal rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Interest rescheduled 0 0 I 0 0 0 0 0 Official 0 0 1 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 5 15 4 12 19 17 17 29 Memo: interest forgiven 0 0 5 7 2 3 2 2 Debt stock reduction 0 0 161 0 47 12 0 0 of which debt 0 0 92 0 0 0 0 0 Total cbange in debt stocks 115 139 -161 71 53 188 312 -4 Net flows on debt 68 124 47 117 71 101 237 182 valuation 25 -20 -229 -56 84 97 51 -119 ALL CRlmITORS Interest (%) 2.5 0.8 1.4 0.9 1.4 0.8 0.8 \.3 Maturity (years) 27.6 39.9 37.1 39.0 33.6 43.5 36.2 33.4 Grace period (years) 8.7 10.4 7.8 10.0 8.1 9.9 8.6 8.1 Grant element (% ) 59.1 80.8 70.2 76.8 69.6 79.8 73.7 69.5 Official creditors Interest (%) 2.5 0.8 1.4 0.9 1.4 0.8 0.8 0.9 Maturity (years) 27.6 39.9 37.1 39.0 33.6 43.5 36.2 35.9 Grace period (years) 8.7 10.4 7.8 10.0 8.1 9.9 8.6 8.8 Grant element (%) 59.1 80.8 70.2 76.8 69.6 79.8 73.7 74.6 Private creditors Interest (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4.2 Maturity (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11.2 Grace period 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.7 Grant element 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24.8 2006 2007 2008 2009 2010 TOTAL Principal 54 58 62 66 68 68 75 81 Interest 20 21 21 21 20 20 19 18 Official creditors Principal 54 56 60 64 66 66 73 79 Interest 20 20 20 20 20 19 18 18 Bilateral creditors Principal 17 16 16 17 17 12 11 11 Interest 3 3 3 2 2 2 2 2 Multilateral creditors Principal 37 40 44 47 49 54 62 67 Interest 17 17 17 17 17 17 16 16 Private creditors Principal 0 2 2 :2 2 2 2 2 Interest 0 1 1 I 1 1 0 0 Notes: 83 BURUNDI (US$ million, unless otherwise indicated) 2000 TOTAL DEBT STOCKS (EDT) 907 1,162 1,108 1,076 1,214 1,328 1,388 1,322 Long-term debt (LDOD) 851 1,099 1,036 986 1.104 1,252 1,325 1,228 Public and publicly guaranteed 851 1,099 1,036 986 1,104 1.252 1,325 1,228 Pri vate non guaranteed 0 0 0 0 0 0 0 0 Use of IMF credit 43 48 7 2 13 29 41 58 Short-term debt 13 15 65 88 96 48 23 35 of which interest artears on LDOD 0 2 20 27 36 48 20 34 Official creditors 0 2 20 27 36 48 20 34 Private creditors 0 0 0 0 0 0 0 0 Memorandum items Principal artears on LOOD 0 3 82 79 96 114 64 74 Official creditors 0 3 81 79 96 114 63 73 Private creditors 0 0 I 0 0 0 1 TOTAL DEBT FLOWS Disbursements 96 45 41 15 55 73 86 63 Long-term debt 96 45 41 15 43 60 47 42 lMF purchases 0 0 0 0 12 13 39 21 Principal repayments 28 27 14 16 17 21 71 27 Long-term debt 28 18 9 12 14 21 43 27 IMF repurchases I 9 5 4 3 0 29 0 Net flows on debt 65 26 18 14 38 -8 17 34 of which short-term debt -3 8 -9 16 -I -60 3 -2 Interest payments (INT) 14 12 8 7 7 8 17 12 Long-term debt 12 11 4 5 5 7 16 12 IMFcharges 0 0 0 0 0 0 0 0 Short-term debt 2 1 3 2 2 1 0 0 Net transfers on debt 51 14 10 8 31 ·16 1 22 Total debt ser~ice paid (TDS) 42 39 22 23 23 29 88 39 Long-term debt 40 29 14 17 19 28 59 39 IMF repurchases and charges I 9 5 4 3 0 29 0 Short-term debt (interest only) 2 I 3 2 2 I 0 0 NET RESOURCE FLOWS 204 258 103 137 157 208 254 292 Net flow oflong-term debt (ex. L\1F) 68 27 32 3 29 39 4 15 Foreign direct investment (net) 1 2 12 0 0 0 0 1 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop.) 135 229 59 134 128 170 250 276 Memo: technical coop. grants 60 44 15 1l 24 31 28 40 NET TRANSFERS 189 244 86 119 143 186 218 259 Interest on long-term debt 12 11 4 5 5 7 16 12 Profit remittances on FDI 3 3 12 13 10 IS 20 21 Gross national income (GNI) 1,117 988 723 650 614 577 646 780 Exports of goods, serv. & inc. (XGS) 98 140 55 46 39 46 65 95 Work.er remit. & compo of employees 0 0 0 0 0 0 0 0 Imports of goods & services (MGS) 341 282 166 163 161 195 257 374 International reserves (RES) 112 216 38 18 59 67 66 101 Current account balance -69 10 -51 -37 -5 -25 -171 -256 EDT /XGS (%) 928.7 831.6 1,999.7 2,327.9 3,082.0 2,880.8 2,137.2 I.393.1 EDT/GNI(%) 81.2 117.6 153.2 165.6 197.5 230.1 214.8 169.4 TDS /XGS (%) 43.4 27.6 39.4 49.7 59.2 63.5 135.3 41.4 INT I XGS (%) 14.4 8.5 14.2 14.2 17.3 17.1 25.6 12.8 !NT I GNI(%) 1.3 1.2 1.1 1.0 l.l 1.4 2.6 1.6 RES I EDT (%) 12.3 18.6 3.4 1.7 4.9 5.1 4.8 7.6 RES / MGS (months) 3.9 9.2 2.7 1.3 4.4 4.2 3.1 3.2 Short-term I EDT (%) 1.5 1.3 5.9 8.2 7.9 3.6 1.6 2.7 Concessionall EDT (%) 85.9 90.5 91.0 88.9 88.2 90.9 92.8 91.2 Multilateral I EDT (%) 72.7 80.1 80.4 80.2 78.9 81.4 81.9 80.3 84 BURUNDI (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 851 1,099 1,036 986 1,104 1,252 1,325 1,228 Public and publicly guaranteed 851 1,099 1,036 986 1,104 1,252 1,325 1,228 Official creditors 842 1,098 1,032 980 1,101 1,241 1,318 1,226 Multilateral 660 930 890 863 958 1,081 1,137 1,062 Concessional 597 884 866 840 932 1,051 1,112 1,045 Bilateral 182 167 142 117 143 160 181 164 Concessional 182 167 142 117 139 156 177 160 Pri vate creditors 9 2 4 5 4 11 7 2 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 1 () 0 () 0 () 0 () Private nonguaranteed 0 0 0 0 0 0 Bonds Commercial banks and other 0 0 ° 0 0 () 0 () 0 0 0 ° () 0 0 0 0 0 Memo: ffiRD 0 0 0 0 0 0 0 0 IDA 398 591 600 582 648 732 793 751 Public sector WOD 849 1,099 1,036 986 1,104 1,252 1,325 1,228 Private sector WOO 2 0 0 0 0 0 0 0 DISBURSEMENTS 96 45 41 15 43 60 47 42 Public and publicly guaranteed 96 45 41 15 43 60 47 42 Official creditors 93 45 38 13 43 49 47 42 Multilateral 64 41 38 13 39 49 47 42 Concessional 60 40 38 13 39 49 47 42 Bilateral 30 4 0 0 4 0 0 0 Concessional 30 4 0 0 0 0 0 0 Private creditors 2 0 3 2 0 11 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 Bonds Commercial banks and other 0 0 0 0 ° 0 0 0 0 0 0 0 0 0 0 0 0 Memo: ffiRD 0 0 0 0 0 0 0 0 IDA 49 27 36 12 36 41 43 27 PRINCIPAL REPAYMENTS 28 18 9 12 14 21 43 27 Public and publicly guaranteed 28 18 9 12 14 21 43 27 Official creditors 19 17 9 12 12 18 38 23 Multilateral 11 12 9 \1 12 17 38 22 Concessional 6 8 9 II 12 17 31 18 Bilateral 8 5 0 I 0 0 0 0 Concessional 8 5 0 1 0 0 0 0 Private creditors 8 1 0 0 2 4 5 5 of which: Bonds 0 0 0 0 0 () () 0 Commercial banks 5 0 0 0 0 () 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds () 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRD 0 0 0 0 0 0 0 0 IDA 1 3 9 10 11 14 14 9 INTEREST PAYMENTS (LINT) 12 11 4 5 5 7 16 12 Public and publicly guaranteed 12 11 4 5 5 7 16 12 Official creditors 11 11 4 5 5 7 16 12 Multilateral 9 9 4 4 5 7 15 12 Concessional 5 6 4 4 5 6 14 8 Bilateral 2 2 0 0 0 0 1 0 Concessional 2 2 0 0 0 0 1 0 Private creditors 1 0 0 0 0 0 0 0 of which: Bonds () 0 0 () 0 0 () () Commercial banks I 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 () 0 0 0 0 () () Commercial banks and other () 0 0 0 0 0 0 0 Memo: ffiRD 0 0 () 0 0 0 0 0 IDA 3 5 4 4 4 5 6 4 85 BURUNDI (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 8.7 9.3 9.8 11.9 11.0 Japanese yen 2.0 2.9 2.8 2.5 2.5 2.5 1.5 1.4 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 50.3 55.1 59.4 60.7 60.3 60.4 61.0 61.9 Total amount rescheduled 0 0 0 0 0 0 54 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 0 0 0 35 0 Official 0 0 0 0 0 0 35 0 Private 0 0 0 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 0 20 0 Official 0 0 0 0 0 0 20 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 105 16 0 16 0 0 1 9 Memo: interest forgiven I I 0 0 0 0 0 2 Debt stock reduction 0 0 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 18 35 -27 -32 137 114 60 -67 Net flows on debt 65 26 18 14 3S -S 17 34 valuation 26 -30 -38 -24 61 77 45 -92 ALL CREDITORS Interest (%) 0.9 O.S 1.S O.S 0.8 0.0 O.S 0.8 Maturity (years) 40.1 38.0 34.2 39.6 39.8 0.0 40.3 47.8 Grace period (years) 10.3 9.9 8.8 10.1 10.3 0.0 10.5 10.2 Grant element (%) 78.7 78.4 68.5 80.4 80.6 0.0 SO.9 82.6 Official creditors Interest (%) 0.9 O.S 1.8 0.8 0.8 0.0 0.8 O.S Maturity (years) 40.1 3S.0 34.2 39.6 39.8 0.0 40.3 47.8 Grace period (years) 10.3 9.9 8.8 10.1 10.3 0.0 10.5 10.2 Grant element (%) 78.7 78.4 68.5 80.4 SO.6 0.0 80.9 82.6 Private creditors Interest (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 TOTAL Principal 41 39 36 38 37 39 39 41 Interest 11 10 10 10 10 10 9 9 Official creditors Principal 40 38 34 36 35 37 38 39 Interest 10 10 10 10 10 9 9 9 Bilateral creditors Principal 13 10 6 6 3 3 3 3 Interest 2 2 2 2 2 2 2 2 Multi lateral creditors Principal 27 28 28 30 32 34 35 37 Interest 8 8 8 8 8 8 7 7 Private creditors Principal 2 2 2 2 2 2 2 2 Interest 0 0 0 0 0 0 0 0 Notes: 86 CAMBODIA (US$ million. unless otherwise indicated) 2000 2001 TOTAL DEBT STOCKS (EDT) 1,845 2,284 2,628 2,697 2,900 3,193 3,439 3,515 Long-term debt (LDOD) 1,683 2,110 2,328 2,393 2,587 2,868 3,080 3,155 Public and publicly guaranteed 1,683 2,110 2,328 2,393 2,587 2,868 3,080 3,155 Private non guaranteed 0 0 0 0 0 0 0 0 Use of IMF credit 27 72 73 80 96 104 97 81 Short-term debt 136 102 227 224 217 221 262 279 of which interest arrears on LDOD 103 90 131 145 192 207 228 243 Official creditors 102 90 131 145 192 207 228 243 Private creditors 0 0 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 393 653 1.275 1,318 1,359 1,401 1,444 1,485 Official creditors 393 653 1,275 1,318 1,359 1,401 1,444 1,485 Private creditors 0 0 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 0 123 90 113 169 183 168 168 Long-teml debt 0 80 79 92 147 172 168 168 IMF purchases 0 42 11 21 22 12 0 0 Principal repayments 0 5 14 13 14 16 15 16 Long-term debt 0 5 7 1 1 3 5 8 IMF repurchases 0 0 7 12 12 13 10 9 Net flows on debt 15 100 128 85 101 156 172 154 of which short-term debt 15 -18 52 -16 -54 -10 20 2 Interest payments (L""T) 30 3 18 9 8 9 12 15 Long-term debt 29 1 12 5 6 8 11 12 IMF charges 0 1 1 I 1 1 0 0 Short-term debt 1 1 5 4 I 0 1 2 Net transfers on debt -15 97 110 76 93 147 160 139 Total debt service paid (TDS) 30 7 32 22 21 25 28 31 Long-term debt 29 6 19 5 7 11 16 20 IMF repurchases and charges 0 I 7 13 13 14 11 9 Short-term debt (interest only) I I 5 4 I 0 2 NET RESOURCE FLOWS 23 538 421 435 472 441 468 750 Net flow oflong-term debt (ex. IMF) 0 75 72 91 146 168 163 160 Foreign direct investment (net) 0 151 149 149 145 84 131 379 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop.) 23 312 201 194 180 189 174 210 Memo: technical coop. grants 19 143 100 120 134 162 158 181 NET TRANSFERS -6 534 286 295 307 273 252 510 mterest on long-term debt 29 I 12 5 6 8 11 12 Profit remittances on FDI 0 4 123 136 159 160 205 227 Gross national income (GNl) 1.115 3,386 3,533 3.834 4,112 4,380 5,021 5,941 Exports of goods, servo & inc. (XGS) 989 1,993 2,263 2,545 2,801 3,583 4,244 Worker remit. & compo of employees 0 12 121 133 140 138 177 200 Imports of goods & services (MGS) 1,442 2,455 2,638 2,972 3,325 4.052 4,880 mternational reserves (RES) 192 611 697 913 982 1,118 1,158 Current account balance -186 -138 -90 -109 -236 -185 -356 EDT IXGS(%) 230.9 131.9 119.1 114.0 114.0 96.0 82.8 EDT IGNI (%) 165.5 67.4 74.4 70.3 70.5 72.9 68.5 59.2 TDSIXGS (%) 0.7 1.6 1.0 0.8 0.9 0.8 0.7 INT IXGS (%) 0.3 0.9 0.4 0.3 0.3 0.3 0.3 INT I GNI (%) 2.7 0.1 0.5 0.2 0.2 0.2 0.2 0.2 RES I EDT (%) 8.4 23.3 25.9 31.5 30.8 32.5 32.9 RES / MGS (months) 1.6 3.0 3.2 3.7 3.5 3.3 2.8 Short-term / EDT (%) 7.3 4.5 8.6 8.3 7.5 6.9 7.6 7.9 Concessional/ EDT (%) 91.2 90.4 88.2 88.4 88.9 89.5 89.2 89.5 Multilateral/EDT (%) 0.1 5.2 14.5 16.4 21.0 26.8 29.5 30.1 87 CAMBODIA (US$ million. unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 1,683 2,110 2,328 2,393 2,587 2,868 3,080 3,155 Public and publicly guaranteed 1,683 2,110 2,328 2,393 2,587 2,868 3,080 3,155 Official creditors 1.683 2,097 2,328 2,393 2,587 2,868 3,080 3,155 Multilateral I 118 381 442 609 855 1,013 1,059 Concessional I 118 381 442 609 855 1,013 1,059 Bilateral 1,681 1,979 1.947 1,951 1,978 2,013 2,066 2,096 Concessional 1,681 1,946 1,938 1,942 1,969 2,002 2,055 2,086 Private creditors 0 13 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 0 65 207 238 306 400 467 462 Public sector LDOD 1,683 2.110 2,328 2,393 2,587 2,868 3,080 3,155 Private sector LDOD 0 0 0 0 0 0 0 0 DISBURSEMENTS 0 80 79 92 147 172 168 168 Public and publicly guaranteed 0 80 79 92 147 172 168 168 Official creditors 0 64 79 92 147 172 168 168 Multilateral 0 61 78 85 124 142 119 130 Concessional 0 61 78 85 124 142 119 130 Bilateral 0 4 I 7 23 29 49 38 Concessional 0 4 1 7 23 29 49 38 Pri vate creditors 0 16 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 0 25 37 40 47 63 48 36 PRINCIPAL REPAYMENTS 0 5 7 1 1 3 5 8 Public and publicly guaranteed 0 5 7 1 1 3 5 8 Official creditors 0 2 7 1 1 3 5 8 Multilateral 0 0 0 0 0 2 3 5 Concessional 0 0 0 0 0 2 3 5 Bilateral 0 2 7 1 1 2 2 2 Concessional 0 0 7 I 1 I 2 2 Private creditors 0 3 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 0 0 0 0 0 0 I 2 INTEREST PAYMENTS (LINT) 29 1 12 5 6 8 11 12 Public and publicly guaranteed 29 1 12 5 6 8 11 12 Official creditors 29 I 12 5 6 8 11 12 Multilateral 0 1 3 3 4 6 9 10 Concessional 0 I 3 3 4 6 9 10 Bilateral 29 0 9 1 2 2 2 3 Concessional 29 0 9 1 1 1 2 2 Private creditors 0 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 0 0 I I 2 2 4 4 88 CAMBODIA (US$ million, unless otherwise indicated) Euro 0.8 0.8 0.9 0.9 0.8 Japanese yen 0.6 0.4 0.3 0.3 0.7 1.0 1.2 L1 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 12.6 27.2 30.2 31.6 34.7 37.2 39.2 39.4 Total amount rescheduled a 224 a 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 \09 0 0 0 0 0 0 Official 0 \08 0 0 0 0 0 0 Private 0 0 a 0 0 0 0 0 Interest rescheduled 0 103 0 0 0 0 0 0 Official 0 103 a 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 0 5 0 0 0 a 0 0 Memo: interest forgiven 0 7 0 0 0 0 0 0 Debt stock reduction 0 a a 0 0 0 a 0 of which debt 0 a 0 0 0 0 0 0 Total change in debt stocks 0 375 111 69 204 293 246 76 Net flows on debt 15 100 128 85 101 156 172 154 valuation 0 0 -28 -29 54 81 50 -111 ALL CREDITORS Interest (%) 0.0 1.8 1.3 0.9 L1 L1 0.9 1.4 Maturi ty (years) 0.0 37.5 30.3 34.5 30.5 32.7 30.3 26.9 Grace period (years) 0.0 9.7 8.2 9.9 8.8 9.2 8.9 9.2 Grant element (%) 0.0 69.8 68.6 76.8 71.6 73.7 73.1 67.7 Official creditors Interest (%) 0.0 1.8 1.3 0.9 1.1 1.I 0.9 1.4 Maturity (years) 0.0 37.5 30.3 34.5 30.S 32.7 30.3 26.9 Grace period (years) 0.0 9.7 8.2 9.9 8.8 9.2 8.9 9.2 Grant element (% ) 0.0 69.8 68.6 76.8 71.6 73.7 73.1 67.7 Private creditors Interest (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturi ty (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 TOTAL Principal 52 53 58 61 61 70 71 79 Interest 24 26 27 28 28 27 27 26 Official creditors Principal 52 53 58 61 61 70 71 79 Interest 24 26 27 28 28 27 27 26 Bilateral creditors Principal 42 40 40 36 30 32 29 32 Interest 11 12 11 11 11 11 10 9 Multilateral creditors Principal 10 13 18 24 31 37 42 47 Interest 13 IS 15 16 17 17 17 16 Private creditors Principal a a 0 a a a a 0 Interest a 0 0 a 0 0 a a Notes: 89 CAMEROON (US$ million, unless otherwise indicated) 1995 2000 l';8~YDEl1TDtliA·· TOTAL DEBT STOCKS (EDT) 6,431 9,646 9,364 8,611 8,762 9,675 9,070 7,151 Long-term debt (LDOD) 5,373 8,605 7,921 7,458 7,735 8,987 8,125 6,114 Public and publicly guaranteed 5,144 8,316 7,604 7,232 7,558 8,372 7,492 5,521 Private nonguaranteed 230 288 317 226 177 615 632 592 Use of IMJ;' credit 121 51 235 244 307 347 333 272 Short-term debt 936 991 1,208 909 720 341 612 765 of which interest arrears on LDOD 168 349 189 129 128 57 219 373 Official creditors 87 247 89 50 23 14 9 0 Pri vate creditors 82 102 100 79 105 43 210 372 lVlemorandum items Principal arrears on LDOD 309 474 314 122 150 49 102 85 Official creditors 103 243 118 10 17 3 4 2 Pri vale creditors 206 231 195 111 132 46 98 83 TOTAL DEBT FLOWS Disbursements 703 175 354 174 161 181 275 231 Long-tenn debt 703 162 286 153 120 159 275 227 IMF purchases 0 13 69 20 41 22 0 4 Principal repayments 267 216 269 186 194 271 411 547 Long-tenn debt 266 210 252 184 194 260 388 508 IMF repurchases I 6 17 2 0 11 23 39 Net flows on debt 673 119 -20 -251 -220 -398 -28 -316 of which short-tenn debt 237 160 -105 -239 -187 -308 109 0 Interest payments (INT) 249 214 288 152 155 185 246 253 Long-tenn debt 195 173 215 117 128 170 232 232 IMF charges II 2 2 I 2 2 2 J Short-tenn debt 42 38 72 34 25 13 12 20 ]IIet transfers on debt 424 -95 ·308 -403 ·375 -583 -273 -569 Total debt service paid (TDS) 516 430 557 338 349 456 657 800 Long-term debt 461 383 466 300 322 430 621 740 IMF repurchases and charges 13 8 19 3 2 13 25 40 Short -tenn debt (interest only) 42 38 72 34 25 13 12 20 Im$Q~trtFLQ~~~~T~~(~~ijt~)i .... '<'t ~"{--" NET RESOURCE FLOWS 637 164 365 265 920 919 475 45 Net flow of long-tenn debt (ex. IMF) 437 -48 34 -30 -74 -101 -113 -281 Foreign direct investment (net) -113 7 159 73 602 220 0 18 Portfolio equity flows 0 0 0 2 1 0 0 0 Grants (excluding technical coop.) 313 205 172 220 391 800 588 308 Memo: technical coop. grants 126 124 93 105 114 138 151 152 NET TRANSFERS 304 -29 110 94 702 643 243 -187 Interest on long-tenn debt 195 173 215 117 128 170 232 232 Profit remittances on FDI 139 21 41 54 90 105 0 0 Gross national income (GNI) 10,674 7.426 9.479 8,947 10.207 13,094 15,373 16,412 Exports of goods, servo & inc. (XGS) 2,535 2,062 2,614 2.804 2,960 2,959 Worker remit. & compo of employees 23 11 11 II 11 11 11 11 Imports of goods & services (MGS) 3,041 2,032 2.960 3.260 3,443 3.734 international reserves (RES) 37 15 220 340 640 652 842 965 Current account balance -551 90 -249 -376 -445 -675 !t.IJEBT lNDJ,CATORS. · EDT /XGS (%) 253.7 467.9 35S.2 307.1 296.1 327.0 EDT I GNI(%) 60.3 129.9 98.8 96.2 85.S 73.9 59.0 43.6 TDS/XGS (%) 20.3 20.8 21.3 12.0 II.S 15.4 J:.l';! / XGS (%) 9.8 10.4 11.0 5.4 5.3 6.3 !NT / GJ\l (%) 2.3 2.9 3.0 1.7 1.5 1.4 1.6 1.5 RES I EDT(%) 0.6 0.2 2.4 3.9 7.3 6.7 9.3 13.5 RES I MGS (months) 0.1 0.1 0.9 1.3 2.2 2.1 Short-ternll EDT (%) 14.6 10.3 12.9 10.6 8.2 3.5 6.7 10.7 Concessionall EDT (%) 27.9 43.7 47.3 51.2 53.6 55.8 60.5 59.6 Multilateral I EDT (%) 20.2 17.3 15.1 15.7 16.2 16.2 19.1 22.1 90 CAMEROON (US$ million, unless otherwise indicated) 2000 DEBT OUTSTANDING (LDOD) 5,373 8,605 7,921 7,458 7,735 8,987 8,125 6,114 Public and publicly guaranteed 5,144 8,316 7,604 7,232 7,558 8,372 7,492 5,521 Official creditors 3,808 7,567 7,378 7,080 7,391 8,295 7,383 5,416 Multilateral 1,299 1,664 1,410 1,353 1.417 1.570 1,732 1,580 Concessional 342 612 954 949 1,077 1,213 1,427 1,359 Bilateral 2,509 5,903 5,968 5,727 5,975 6,725 5,651 3,836 Concessional 1,453 3,601 3,473 3,460 3,622 4,186 4,058 2,902 Private creditors 1,336 749 227 153 166 77 110 106 of which: Bonds 0 () 0 0 0 0 0 0 Commercial banks 367 277 158 99 114 38 43 38 Private nonguaranteed 230 288 317 226 177 615 632 592 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 230 288 317 226 177 615 632 592 Memo: IBRD 633 624 214 176 141 145 117 84 IDA 238 443 769 758 847 944 1,083 1,032 Public sector LDOD 5,021 8,240 7.557 7.232 7,558 8,372 7,492 5,521 Private sector LDOD 353 365 364 226 177 615 632 592 DISBURSEMENTS 703 162 286 153 120 159 275 227 Public and publicly guaranteed 650 162 247 153 120 147 201 130 Official creditors 546 162 247 153 120 147 201 130 Multilateral 195 81 115 71 73 106 177 68 Concessional 2 38 104 41 72 56 171 59 Bilateral 351 80 133 82 47 41 24 62 Concessional 105 80 126 82 47 41 24 62 Pri vate creditors 105 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 10 0 0 0 0 0 0 0 Private nonguaranreed 53 0 39 0 0 12 74 98 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 53 0 39 0 0 12 74 98 Memo: IBRD 70 6 0 13 1 35 5 0 IDA 0 35 55 20 50 36 107 31 PRINCIPAL REPAYMENTS 266 210 252 184 194 260 388 508 Public and publicly guaranteed 136 182 165 93 145 200 339 367 Official creditors 95 145 161 93 145 187 339 367 Multilateral 66 129 95 51 74 76 87 92 Concessional 6 9 16 16 16 16 20 23 Bilateral 28 16 66 42 72 III 252 275 Concessional 17 3 45 37 63 \OJ 204 239 Private creditors 41 36 4 0 0 13 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 28 25 4 0 0 11 0 0 Private nonguaranteed 130 28 86 91 49 60 49 141 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 130 28 86 91 49 60 49 141 Memo: IBRD 40 90 52 21 22 35 34 32 IDA 3 4 7 7 8 7 10 12 INTEREST PAYMENTS (LINT) 195 173 215 117 128 170 232 232 Public and publicly guaranteed 178 162 198 105 121 124 185 181 Official creditors 123 152 197 \05 J20 124 184 181 Multilateral 71 80 48 32 43 31 33 27 Concessional 4 6 7 8 9 9 13 12 Bilateral 52 72 149 73 77 93 151 153 Concessional 28 48 59 28 36 49 \02 146 Private creditors 55 10 1 0 0 0 0 1 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 39 5 1 0 0 0 0 0 Private nonguaranteed 17 11 17 12 8 47 48 51 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 17 11 17 12 8 47 48 51 Memo: IBRD 48 55 22 18 14 10 7 5 IDA 2 3 5 6 6 6 9 8 91 CAMEROON (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 59.7 60.1 62.0 68.2 63.8 Japanese yen 0.3 0.3 0.5 0.9 1.2 1.1 1.2 1.3 Pound sterling 2.4 1.4 2.2 1.9 1.9 1.8 2.0 1.9 Swiss franc 1.2 1.1 0.7 0.7 0.7 0.8 0.8 0.6 U.S.dollars 11.5 10.6 26.9 28.7 28.3 26.8 19.2 22.5 Total amount rescheduled 75 857 206 268 41 80 54 55 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 24 287 19 106 30 37 32 32 Official 5 197 7 60 29 37 32 32 Private 19 90 12 46 1 0 0 0 Interest rescheduled 22 152 16 68 22 21 21 21 Official 6 129 15 40 22 21 21 21 Private 16 23 0 28 0 0 0 0 Debt forgiven 10 0 4 336 192 310 243 164 Memo: interest forgiven 0 0 2 212 80 101 23 0 Debt stock reduction 0 0 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 1,187 1,389 -207 -753 151 913 -606 -1,919 Net flows on debt 673 119 -20 -251 -220 -398 -28 -316 Cross-currency valuation 315 279 -432 -305 936 1,084 493 -836 ALL CREDITORS Interest (%) 6.6 2.6 0.9 2.5 0.9 1.3 1.5 0.4 Maturity (years) 15.2 23.3 38.6 30.3 33.9 24.5 34.0 30.8 Grace period (years) 5.3 7.7 9.5 9.7 9.0 7.2 8.0 9.2 Grant element (% ) 21.4 53.7 76.6 59.7 74.5 63.9 66.5 77.8 Official creditors Interest (%) 6.6 2.6 0.9 2.5 0.9 1.3 1.5 0.4 Maturity (years) 15.3 23.3 38.6 30.3 33.9 24.5 34.0 30.8 Grace period (years) 5.3 7.7 9.5 9.7 9.0 7.2 8.0 9.2 Grant element (%) 21.4 53.7 76.6 59.7 74.5 63.9 66.5 77.8 Private creditors Interest (%) 7.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 13.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period (years) 2.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element 14.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2006 2007 2008 2009 2010 2011 2012 2013 TOTAL Principal 559 431 431 408 256 260 241 248 Interest 207 187 167 152 134 125 117 108 Official creditors Principal 422 312 320 305 241 246 229 239 Interest 168 156 146 139 129 121 114 106 Bilateral creditors Principal 335 241 248 229 176 182 169 178 Interest 143 132 123 118 110 104 98 92 Multilateral creditors Principal 87 70 72 77 65 64 60 60 Interest 25 25 23 21 19 17 16 15 Private creditors Principal 136 119 112 103 15 14 13 9 Interest 39 30 22 13 5 4 3 2 Notes: Data on public and publicly guaranteed debt include World Bank staff estimates of the effects of the Paris Club debt restructuring agreements. Historical data on public and publicly guaranteed debt have been revised, based on reports provided by the country. 92 CAPE VERDE (USS million, unless othenvise indicated) 2000 2001 TOTAL DEBT STOCKS (EDT) 133.8 214.3 327.2 360.7 412.7 485.3 520.9 545.8 Long-term debt (LDOD) 129.1 185.0 314.6 341.3 384.2 440.4 466.9 482.3 Public and publicly guaranteed 129.1 185,0 314,6 341.3 384,2 440.4 466,9 482.3 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0,0 0,0 Use of IMF credit 0.0 0.0 0.0 0.0 3.3 7.3 9.6 12.3 Short-term debt 4.7 29.3 12.6 19.4 25.2 37.6 44.5 51.1 of which interest an·ears on LDOD 2.3 4.7 4.0 3.7 3.3 3.0 3.1 2.9 Official creditors 1.9 4,0 4.0 3.4 3.1 3.0 3,0 2,8 Private creditors 0.4 0.7 0.0 0.3 0.3 0.1 0.1 0,1 Memorandum items Principal arrears on LDOD ILl 20.0 34.1 26.4 24.4 24,3 24.2 24.7 Official creditors 10.4 18.5 32.9 25.8 23.4 23.2 23.4 23.5 Private creditors 0.7 1.6 1.2 0.6 1.0 l.l 0.7 1.2 TOTAL DEBT FLOWS Disbursements 12.1 21.4 28.8 51.5 37.7 37.7 28.7 79.3 Long-teoo debt 12.1 21.4 28.8 51.5 34.5 34.3 26.8 75.6 IMF purchases 0.0 0.0 0.0 0.0 3.2 3.4 1.8 3.7 Principal repayments 3.7 5.5 11.1 9.8 14.3 14.4 17.6 25.4 Long-teoo debt 3.7 5.5 11.1 9.8 14.3 14.4 17.6 25.4 IMF repurchases 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Net flows on debt 10.7 34.5 .10.7 48.8 29.5 36.1 17.9 60.7 of which short -teoo debt 2.4 18.7 -7.1 7.0 6.1 12.8 6.8 6.8 Interest payments (lNT) 2.0 4.1 5.0 4.2 7.4 5.8 6.8 7.9 Long-term debt 1.9 3.4 4.8 3.6 6.6 4.7 5.5 6.4 IMF charges 0,0 0,0 0,0 0.0 0,0 0,0 0,0 0.1 Short-ternl debt 0.1 0.8 0.3 0.6 0.8 1.0 1.2 1.4 Net transfers on debt 8.7 30.4 5.6 44.6 22.1 30.4 11.2 52.9 Total debt service paid (TDS) 5.7 9.6 16.1 14.0 21.7 20.1 24.3 33.3 Long-teoo debt 5.6 8.9 15.9 13.4 20.9 19.1 23.1 3L8 IMF repurchases and charges 0.0 0.0 0.0 0.0 0,0 0,0 0.0 0.1 Short-tenn debt (interest only) 0.1 0.8 0.3 0.6 0.8 1.0 1.2 1.4 NET RESOURCE FLOWS 86.1 103.4 94.7 74.3 76.6 91.9 100.2 178.2 Net flow oflong-tenn debt (ex. IMp) 8.3 15,9 17.7 4L7 20.2 19.9 9.3 50.3 Foreign direct investment (net) 0.3 26.2 33.4 9.1 14.8 14.8 20.3 54.4 Portfolio equity flows 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grants (excluding technical coop.) 77.5 61.4 43.6 23.5 4L7 57.2 70.6 73.5 Memo: technical coop. grants 18.0 40.4 29.5 18.1 21.0 56.5 43.3 43.8 NET TRANSFERS 84.2 99.6 84.8 69.3 65.9 85.0 91.4 161.4 Interest on long-tenn debt 1.9 3.4 4.8 3.6 6.6 4.7 5.5 6.4 Profit remittances on FDI 0.0 0.5 5.1 1.4 4.1 2.2 3.3 10.3 Gross national income (GNI) 340.5 485.3 520.0 544.1 604.6 781.0 907.0 949.6 Exports of goods, servo & inc. (XGS) 119.3 191.4 236.6 254.1 285.7 382.1 432.4 521.2 Worker remit. & compo of employees 59.0 106.0 87.0 81.0 85.0 92.0 113.0 137.0 Imports of goods & services (MGS) 153.1 300.7 343.6 363.2 438.4 577.0 624.3 698.1 International reserves (RES) 77.0 36.9 28.3 45.4 79.8 93.6 139.5 174.0 Current account balance -3.8 -61.6 -58.0 -55.7 -71.5 -77.2 -58.1 -34.4 EDT/XGS (%) 112.1 111.9 138.3 141.9 144.5 127.0 120.5 104.7 EDT I GNI(%) 39.3 44.2 62.9 66.3 68.3 62.1 57.4 57.5 TDS I XGS (%) 4.8 5.0 6.8 5.5 7.6 5.3 5.6 6.4 !NT I XGS (%) 1.7 2.2 2.1 1.6 2.6 1.5 1.6 1.5 INT I GNI (%) 0.6 0.8 1.0 0.8 1.2 0.7 0.7 0.8 RES/EDT(%) 57.5 17.2 8.6 12.6 19.3 19.3 26.8 31.9 RES I MGS (months) 6.0 1.5 LO 1.5 2.2 1.9 2.7 3.0 Short-term I EDT (%) 3.5 13.7 3.9 5.4 6.1 7.7 8.5 9.4 Concessionall EDT (%) 70.2 68.6 82.1 84.1 83.6 81.7 81.5 81.1 Multilateral! EDT (%) 65.0 67.2 70.0 66.8 67.5 68.3 69.8 68.6 93 CAPE VERDE (US$ million, unless otherwise indicated) 1995 2000 5. LONG·T~l)EB't . . DEBT OUTSTANDING (LDOD) 129.1 185.0 314.6 341.3 384.2 440.4 466.9 482.3 Public and publicly guaranteed 129.1 185.0 314.6 341.3 384.2 440.4 466.9 482.3 Official creditors 126.6 178.6 307.1 325.3 364.4 417.6 445.9 460.1 Multilateral 87.0 143.9 229.2 240.8 278.7 331.3 363.6 374.2 Concessional 68.4 122.6 220.0 232.7 272.4 321.8 353.2 367.0 Bilateral 39.6 34.6 77.9 84.5 85.6 86.3 82.3 85.9 Concessional 25,5 24.5 4S.4 70.8 72.6 74.7 71.3 75.6 Private creditors 2.5 6.4 7.5 16.0 19.5 22,S 21.0 22.2 of which: Bonds 0.0 0.0 0.0 0,0 0,0 0,0 0,0 0.0 Commercial banks 0,0 0,0 0,0 0.0 0.0 2.6 2.2 1.5 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 13.6 33.0 97.9 109.6 140.4 173.3 194.6 205.1 Public sector LDOD 129.1 185.0 314.6 341.3 384.2 440.4 466.9 482.3 Private sector LDOD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 DISBURSEMENTS 12.1 21.4 28.8 51.5 34.5 34.3 26.8 75.6 Public and publicly guaranteed 12.1 21.4 28.8 51.5 34.5 34.3 26.8 75.6 Official creditors 12.1 17.1 28.8 40.4 30.1 32.5 26,8 67.2 Multilateral 6.0 14.9 23.5 24.9 30.1 32.3 26.0 50.6 Concessional 6.0 13.7 23.5 24.9 30.1 29,9 24.7 50.6 Bilateral 6,1 2.2 5.3 15.5 0.0 0,2 0.9 16.5 Concessional 0.7 2,2 5.3 15.5 0.0 0.2 0.9 16.5 Pri vate creditors 0.0 4.2 0.0 Il.l 4.4 1.8 0.0 8.4 of which: Bonds 0.0 0,0 0.0 0.0 0.0 0.0 0.0 0,0 Commercial banks 0.0 0.0 0.0 0.0 0,0 1.8 0,0 OJ) Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0,0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0,0 0,0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 2.0 6.0 10.4 16.0 22.0 19.0 13.8 27.2 PRINCIPAL REP A YMEl'.'TS 3.7 5.5 11.1 9.8 14.3 14.4 17.6 25.4 Public and publicly guaranteed 3.7 5.5 11.1 9.8 14.3 14.4 17.6 25.4 Official creditors 3.6 5.5 9.3 7.1 11.4 Il.7 14.4 20.9 Multilateral 2.5 4.8 6.1 5.0 8.1 6.6 7.4 12.5 Concessional 1.0 3.5 4.8 4.2 5.9 5.3 6.2 11.4 Bilateral 1.1 0.7 3.2 2.2 3.3 5.1 7.0 8.4 Concessional 0.2 0.2 2.2 1.4 2.6 3.7 6.4 7.8 Private creditors 0.1 0.0 1.8 2.7 2.9 2.6 3.1 4.5 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.5 0.5 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0,0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0,0 0.0 0.0 0.0 0.0 0.0 0.0 O.D IDA 0.0 0.1 0.3 0.3 0.3 0.7 1.1 1.4 INTEREST PAYMENTS (LINT) 1.9 3.4 4.8 3.6 6.6 4.7 5.5 6.4 Public and publicly guaranteed 1.9 3.4 4.8 3.6 6.6 4.7 5.5 6.4 Official creditors 1.9 3.4 3.9 3.2 5.5 4.5 5.1 5.4 Multilateral 1.2 3.3 2.7 1.7 3.7 3.0 3.7 4.1 Concessional 0.5 2.3 2.3 1.5 3.3 2.9 3.5 3.9 Bilateral 0.7 0.1 1.1 1.5 1.8 1.4 1.4 1.3 Concessi anal 0.0 0.1 0.8 1.0 1.6 1.3 1.3 1.3 Pri vale creditors 0.0 0.0 0.9 0.4 1.I 0.3 0.5 1.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.5 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: fBRD 0.0 0.0 0.0 0.0 D.O 0.0 0.0 0.0 IDA 0,1 0.2 0.7 0,7 0.9 1.1 1.5 1.6 94 I s: CAPE VERDE (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 12.0 12.7 13.4 12.4 13.0 Japanese yen 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 38.5 35.4 55.7 54.0 54.6 54.4 55.3 52.6 Total amount rescheduled 0.0 0.0 0.0 15.0 0.0 0.0 0.0 0.0 Debt stock rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Interest rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt forgiven 8.2 0.0 0.0 21.0 0.0 0.0 0.0 0.0 Memo: interest forgiven 0.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt stock reduction 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which debt 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Total change in debt stocks 7.7 38.0 -0.2 33.5 52.0 72.6 35.5 24.9 Net flows on debt 10.7 34.5 10.7 48.8 29.5 36.1 17.9 60.7 2.9 1.3 -7.0 -4.1 17.6 23.2 12.5 -24.6 ALL CREDITORS Interest (%) 1.5 0.8 3.1 2.7 0.9 1.3 2.6 3.5 Maturity (years) 42.6 39.8 28.7 20.5 40.1 26.8 27.8 32.5 Grace period (years) 9.1 10.3 5.8 4.8 9.6 6.3 6.2 8.4 Grant element (%) 73.0 80.6 50.2 45.9 76.3 58.8 55.2 53.0 Official creditors Interest (%) 1.5 0.8 0.8 1.3 0.9 1.3 2.6 3.5 Maturity (years) 42.6 39.8 45.9 26.1 42.9 26.8 27.8 32.5 Grace period (years) 9.1 10.3 9.3 6.1 10.3 6.3 6.2 8.4 Grant element (%) 73.0 80.6 80.1 60.1 80.2 58.8 55.2 53.0 Private creditors Interest (%) 0.0 0.0 5.5 5.5 1.0 0.0 0.0 0.0 Maturity (years) 0.0 0.0 10.6 8.5 7.0 0.0 0.0 0.0 Grace period 0.0 0.0 2.2 2.2 2.0 0.0 0.0 0.0 Grant element 0.0 0.0 18.6 16.0 30.6 0.0 0.0 0.0 TOTAL Principal 25.7 23.2 23.8 24.7 23.3 22.4 17.5 15.8 Interest 7.1 7.1 6.9 6.6 6.2 5.7 5.3 5.0 Official creditors Principal 19.3 18.9 19.5 20.8 19.7 20.2 17.1 15.8 Interest 6.3 6.5 6.4 6.3 6.0 5.7 5.3 5.0 Bilateral creditors Principal 8.6 8.1 7.8 7.8 5.6 5.6 2.6 2.2 Interest 2.0 2.0 1.8 1.7 1.5 1.4 1.3 1.2 Multilateral creditors Principal 10.6 10.8 11.7 12.9 14.2 14.6 14.5 13.6 Interest 4.3 4.5 4.6 4.6 4.5 4.3 4.1 3.8 Private creditors Principal 6.4 4.3 4.3 3.9 3.6 2.2 0.4 0.0 Interest 0.8 0.6 0.4 0.3 0.2 0.1 0.0 0.0 Notes: Data on long-tenn public and publicly guaranteed debt for 2005 are estimates based on the original tenns of the loans. Short-term debt data are World Bank staff estimates. 95 CENTRAL AFRICAN REPUBLIC (US$ million, unless otherwise indicated) 1995 2000 l.~ I)EB'l'J.)A'fJ\, TOTAL DEBT STOCKS (EDT) 699 946 858 822 1,065 1,038 1,081 1,016 Long-tenn debt (LDOD) 624 854 796 757 980 900 930 871 Public and publicly guaranteed 624 854 796 757 980 900 930 871 Private nonguaranteed 0 0 0 0 0 0 0 0 Use of IMF credit 37 35 21 31 33 36 44 36 Short-term debt 38 57 41 34 52 101 108 109 of which interest arrears on LDOD 15 36 25 25 43 89 99 100 Official creditors 13 32 24 24 40 82 92 93 Private creditors 2 4 1 1 3 7 7 7 !Memorandum items Principal arrears on LDOD 23 74 96 96 130 174 207 222 Official creditors 20 61 84 83 104 144 176 192 Pri vate creditors 4 14 13 13 26 30 31 30 TOTAL DEBT FLOWS 11 1 8 Disbursements Long-term debt lMF purchases 121 113 8 33 33 0 16 16 0 0 10 1 0 0 0 0 0 8 °0 0 Principal repayments 17 10 8 9 0 0 12 5 Long-term debt 8 3 7 9 0 0 9 0 IMF repurchases 10 7 1 0 0 0 2 5 Net flows on debt 107 25 -14 -5 0 3 -6 -5 of which short -term debt 3 2 -22 -6 0 3 -3 0 1 1 Interest payments (INT) Long-term debt 12 9 6 4 6 4 0 4 4 0 0 ° 0 0 3 2 0 0 0 IMF charges 1 1 0 Short-term debt 2 I \ 0 0 0 0 0 Net transfers on debt 95 19 ·20 -9 0 2 -9 -6 Total debt service paid (TDS) 29 16 14 13 1 1 14 6 Long-term debt 17 6 12 13 0 0 11 1 IMF repurchases and charges 11 8 1 0 0 0 3 5 Short-term debt (interest only) 2 1 I 0 0 0 0 0 NET RESOURCE FLOWS 192 146 65 55 51 36 57 64 Net flow of long-term debt (ex, L\1F) 105 30 9 -9 0 0 -9 0 Foreign direct investment (net) 1 6 I 5 6 3 -13 6 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop.) 86 110 56 59 45 33 79 58 Memo: technical coop. grants 56 47 22 21 21 24 34 38 NET TRANSFERS 181 142 61 51 51 36 55 64 Interest on long-term debt 9 4 4 4 0 0 2 0 Profit remittances on FIJI 2 0 0 0 0 0 0 0 >" ;" ,~;~ '; 3.M:IlJOB.EroNOMlCA~Im~~t~; Gross national income (GNl) 1,465 1,101 937 957 \,039 1,191 1.303 1,367 Exports of goods, serv, & inc. (XGS) 220 Worker remit. & compo of employees 0 0 0 0 0 0 0 0 Imports of goods & services (MGS) 432 International reserves (RES) 123 238 136 122 127 137 153 145 Current account balance -89 4. DDT INDICA1'ORS EDT/XGS (%) 317.0 EDT/GNI(%) 47,7 85.9 91.6 85.9 102.5 87,2 83,0 74,3 TDS/XGS(%) 13,2 !NT I XGS (%j 5,3 !NT IGNI (%) 0.8 0,5 0.6 0.4 0.1 0.0 0.2 0.0 RES I EDT (%) 17.6 25.2 15.9 14,8 11.9 13,2 14.2 14,3 RES I MGS (months) 3.4 Short-term I EDT (%) 5.4 6.0 4.7 4,2 4.9 9,7 10,0 10.7 Concessionall EDT ('70) 73.1 80,9 83.3 82.5 69,9 78.5 78.2 78.1 Multilateral I EDT (%) 65,2 67,3 68,0 67,0 54.9 62.4 62,7 61.1 96 CENTRAL AFRICAN REPUBLIC (US$ million, unless otherwise indicated) 2000 DEBT OUTSTANDING (LDOD) 624 854 796 757 980 900 930 871 Public and publicly guaranteed 624 854 796 757 980 900 930 871 Official creditors 603 836 763 724 946 866 899 841 Multilateral 456 636 583 550 585 647 678 621 Conccssional 429 622 572 540 573 636 665 610 Bilateral 147 199 180 174 361 219 221 220 Concessional 81 143 143 138 172 179 180 183 Private creditors 22 18 33 33 34 34 31 30 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: mRD 0 0 0 0 0 0 0 0 IDA 265 414 391 372 399 435 455 423 Public sector LDOD 624 854 795 756 979 899 928 869 Private sector LDOD 0 0 1 1 1 I 2 1 DISBURSEMENTS 113 33 16 0 1 0 0 0 Public and publicly guaranteed 113 33 16 0 1 0 0 0 Official creditors 113 33 16 0 1 0 0 0 M ul tilateral 95 33 16 0 I 0 0 0 Concessional 94 32 16 0 I 0 0 0 Bilateral 18 0 0 0 0 0 0 0 Concessional 16 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 () 0 Commercial banks 0 0 0 0 () 0 () 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 () () () () 0 Commercial banks and other 0 () 0 () () 0 0 0 Memo: mRD 0 0 0 0 0 0 0 0 IDA 70 30 13 0 I 0 0 0 PRINCIPAL REPAYMENTS 8 3 7 9 0 0 9 0 Public and publicly guaranteed 8 3 7 9 0 0 9 0 Official creditors 7 3 7 9 0 0 5 0 Multilateral 3 3 7 7 0 0 I () Concessional 2 2 7 7 () 0 1 () Bilateral 4 0 1 2 () 0 5 () Concessional 1 0 () 2 0 0 3 0 Private creditors 1 0 0 () () 0 4 () of which: Bonds () () 0 () 0 0 () 0 Commercial banks 0 0 () 0 0 () 0 () Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 () 0 0 () 0 Commercial banks and other 0 0 0 0 () 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 0 I 6 6 0 0 0 0 INTEREST PAYMENTS (LINT) 9 4 4 4 0 0 2 0 Public and publicly guaranteed 9 4 4 4 0 0 2 0 Official creditors 8 4 4 4 0 0 2 0 Multilateral 5 4 3 3 0 0 0 0 Concessional 3 3 3 3 0 0 0 0 Bilateral 3 0 1 1 0 0 2 0 Concessional 2 0 I I 0 0 2 0 Private creditors I 0 0 0 0 0 () 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 () 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 () 0 Commercial banks and other 0 0 0 () 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 2 3 3 3 0 0 0 0 97 CENTRAL AFRICAN REPUBLIC (US$ million, unless othenvise indicated) Euro 5.2 5.2 6.9 7.0 6.7 Japanese yen 0.7 0.7 0.7 0.6 0.5 0.6 0.6 0.6 Pound sterling 0.1 0.0 0.1 0.1 0.1 0.1 0.1 0,1 Swiss franc 2.6 2,8 2.2 2.1 2.1 2.6 2.8 2.5 U.S.dollars 43.6 56.2 61.2 61.9 51.1 58,5 58.0 58.6 1. DEBT ~TRtJ(o"I'tJRJN(jS Total amount rescheduled 4 8 3 2 0 0 0 0 Debt stoek rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 3 4 2 I 0 0 0 0 Official 3 4 2 I 0 0 0 0 Private 0 0 0 0 0 0 0 0 Interest rescheduled 0 1 I 0 0 0 0 0 Official 0 1 1 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 153 1 0 0 0 0 0 0 Memo: interest forgiven 4 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 0 of which debt buyback 0 0 0 0 0 0 0 0 ·8~bEJTST~~noWU~~lAllQNci· Total change in debt stocks 5 58 -51 -36 243 -27 44 -66 Net flows on debt 107 25 -14 -5 0 3 -6 -5 Cross-currency valuation 38 -35 -34 -19 46 61 33 -59 f.Ay:l!tCA9E·'1J1.~OfNlilW~ .. ALL CREDITORS Interest (%) 1.0 0.8 0,8 0,8 0.0 0.0 0.0 0.0 Maturity (years) 37.6 39.7 39.8 39.5 0.0 0,0 0.0 0.0 Grace period (years) 10.2 10.2 10.3 10.0 0,0 0,0 0,0 0,0 Grant element (%) 77.0 80.5 80.6 80,3 0.0 0.0 0.0 0.0 Official creditors Interest (%) 1.0 0.8 0.8 0,8 0,0 0,0 0.0 0,0 Maturity (years) 37,6 39,7 39,8 39,5 0.0 0.0 0,0 0.0 Grace period (years) 10.2 10.2 10,3 10.0 0.0 0.0 0.0 0.0 Grant element (%) 77.0 80.5 80.6 80.3 0.0 0.0 0.0 0.0 Private creditors Interest (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 0,0 0,0 0.0 0,0 0,0 0.0 0,0 0,0 Grace period (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0,0 Grant element (%) 0.0 0,0 0.0 0.0 0.0 0.0 0,0 0.0 ~!)"CONtRA~~LOlU:JQ~TIQNSONO~r~~GliQ~~~;J;*Qt'Jl:JŁII;tc 2006 2007 2008 2009 2010 2011 TOTAL Principal 30 20 21 22 23 26 26 27 Interest 7 7 6 6 6 6 5 5 Official creditors Principal 30 20 21 22 23 26 26 27 Interest 7 7 6 6 6 6 5 5 Bilateral creditors Principal 15 5 5 5 4 5 4 4 Interest 3 2 2 2 2 2 2 1 Multilateral creditors Principal 14 15 16 17 18 21 22 22 Interest 5 4 4 4 4 4 4 4 Private creditors Principal 0 0 0 0 0 0 0 0 Interest 0 0 0 0 0 0 0 0 Notes: Data on public and publicly guaranteed debt for 2005 include World Bank staff estimates. 98 CHAD (US$ million, unless otherwise indicated) 2000 TOTAL DEBT STOCKS (EDT) 529 912 1,138 1,136 1,323 1,590 1,701 1,633 Long-tenn debt (LDOD) 469 843 1,031 1,024 1,191 1,462 1,582 1,537 Public and publicly guaranteed 469 843 1,031 1,024 1,191 1,462 1,582 1,537 0 0 Private nonguaranteed Use of IMF credit Short-term debt 30 30 ° ° 49 20 78 29 0 0 89 23 107 26 ° 106 23 ° 96 23 79 16 of which interest arrears on LDOD 6 12 14 10 12 14 15 11 Official creditors 4 12 14 10 12 13 14 10 Private creditors 2 0 0 I I I I Memorandum items Principal arrears on LDOD 16 ° 36 57 51 62 60 40 37 Official creditors 14 36 54 49 58 57 35 32 Private creditors 3 0 3 3 3 3 5 5 TOTAL DEBT FLOWS Disbursements 112 73 59 74 122 188 113 116 Long-term debt ]04 61 46 57 105 181 113 110 IMF purchases 8 13 14 17 17 7 0 6 Principal repayments 7 10 15 16 15 33 32 42 Long-tenn debt 3 3 14 15 10 20 19 29 IMF repurchases 4 7 1 I 5 13 13 13 Net flows on debt 108 64 43 56 108 151 80 71 of which short-term debt 2 0 -2 -2 1 -4 -1 -3 Interest payments (INT) 5 6 11 7 11 14 14 19 Long-term debt 3 4 10 7 10 13 13 18 IMFcharges 0 0 0 0 1 1 0 Short-term debt 2 1 1 0 0 0 0 Net transfers on debt 103 58 32 49 97 137 66 52 Total debt service paid (TDS) 12 16 26 23 26 47 46 61 Long-term debt 6 7 24 21 20 33 32 47 IMF repurchases and charges 4 8 1 2 5 14 14 14 Short-ternl debt (interest only) 2 1 I 1 0 0 0 0 NET RESOURCE FLOWS 257 211 207 599 1,118 985 784 1,038 Net flow of long-term debt (ex. IMF) 101 58 31 43 95 161 94 81 Foreign direct investment (net) 9 33 115 460 924 713 478 705 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop.) 147 121 61 96 100 112 212 252 Memo: technical coop. grants 58 63 31 27 33 42 44 47 NET TRANSFERS 254 207 198 592 1,108 973 772 1,020 Interest on long-term debt 3 4 10 7 10 13 13 18 Profit remittances on FDI 0 0 0 0 0 0 0 0 Gross national income (GNI) 1,721 1,441 1,365 1,680 1,923 2.213 3,612 4,442 ExpOlts of goods, servo & inc. (XGS) 274 Worker remit. & compo of employees 0 0 0 0 0 0 0 0 Imports of goods & services (MGS) 511 International reserves (RES) 132 147 114 125 223 192 227 231 Current account balance -46 EDT I XGS (%) 192.9 EDT I GNI(%) 30.7 63.3 83,4 67.6 68.8 71.9 47.1 36.8 TDS I XGS (%) 4,4 !NT IXGS (%) 1.9 I1'iT! GNI (%) 0.3 OA 0.8 OA 0.6 0.6 OA OA RES I EDT (%) 25.0 16.1 10.0 11.0 16.8 12.1 13.3 14.2 RES! MGS (months) 3.1 Short-term! EDT (%) 5.6 2.2 2.5 2.1 1.9 1.4 1.4 1.0 Concessional! EDT (%) 76.9 77.1 81.3 81.6 82.5 81.8 83.6 85.5 Multilateral! EDT (%) 63.7 75.1 75.6 75.9 77.4 79.5 81.5 83.1 99 CHAD (US$ million, unless otherwise indicated) 2000 DEBT OUTSTANDING (LDOD) 469 843 1,031 1,024 1,191 1,462 1,582 1,537 Public and publicly guaranteed 469 843 1,031 1.024 1,191 1,462 1,582 1,537 Official creditors 460 841 1,016 1,010 1,178 1.428 1,549 1,505 Multilateral 337 685 861 863 1,024 1,264 1,387 1,358 Concessional 327 635 835 830 987 1,188 1,309 1,289 Bilateral 123 156 156 147 154 165 162 148 Concessional 80 69 90 97 105 113 114 107 Pri vate creditors 9 2 15 14 13 33 33 32 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: 9 31 37 35 IDRD IDA Public sector LDOD 0 186 468 0 379 843 ° 515 1,031 9 516 1,024 623 1,191 773 1,462 874 1,582 864 1,537 Private sector LDOD 0 0 0 0 0 0 0 0 DISBURSEMENTS 104 61 46 57 105 181 113 110 Public and publicly guaranteed 104 61 46 57 105 181 113 110 Official creditors 104 61 46 57 105 161 113 110 Multilateral 72 61 36 50 100 147 110 108 Concessional 70 61 36 41 98 111 104 106 Bilateral 32 0 10 8 5 14 3 2 Conccssional 25 0 10 8 5 14 3 2 Private creditors 0 0 0 0 0 20 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IDRD 0 0 0 9 0 22 6 IDA 48 42 18 26 72 94 74 64 PRINCIPAL REPAYMENTS 3 3 14 15 10 20 19 29 Public and publicly guaranteed 3 3 14 15 10 20 19 29 Official creditors 3 3 14 14 9 20 19 27 Multilateral 3 3 II 9 7 11 14 21 Concessional 2 2 9 8 6 8 10 14 Bilateral 0 I 3 5 2 9 5 7 Concessional 0 0 2 5 1 5 4 7 Private creditors I 0 I 0 1 0 0 1 of which: Bonds 0 () 0 0 0 0 () 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 () 0 () () 0 0 Commercial banks and other 0 0 0 0 () 0 0 0 Memo: IDRD 0 0 0 () 0 0 0 2 IDA I 1 4 5 2 2 4 4 INTEREST PAYMENTS (LINT) 3 4 10 7 10 13 13 18 Public and publicly guaranteed 3 4 10 7 10 13 13 18 Official creditors 3 4 9 6 10 13 13 18 Multilateral 2 4 6 5 8 9 10 14 Concessional 2 3 5 4 7 8 9 13 Bilateral I 0 3 I 2 4 2 3 ConcessionaJ 1 0 I I 2 2 I 2 Private creditors 0 0 {} 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 () 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 {} 0 0 0 () 0 0 Commercial banks and other {} {} 0 {} 0 {} 0 0 Memo: IDRD 0 0 {} 1 () 0 1 I IDA I 3 3 4 3 4 7 6 100 CHAD (US$ million, unless othe/wise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 4.8 4,5 5.1 5,0 4.4 Japanese yen 0,0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Pound sterling 0.1 0,0 0,0 0.0 0.0 0.0 0,0 0,0 Swiss franc 0.0 0.0 0.0 0.0 0,0 0.0 0,0 0,0 U.S.dollars 48.5 50.8 56.7 58.4 60.0 62,8 63.2 65.0 Total amount rescheduled 8 56 a 5 1 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 3 2 0 3 I 0 0 0 Official 2 I 0 3 1 0 0 0 Private 1 1 0 0 0 0 0 Interest rescheduled Official 1 1 7 7 0 a ° 2 2 a a 0 0 0 0 0 0 Private 0 1 0 a a a 0 0 Debt forgiven 12 55 0 14 12 10 8 10 Memo: interest forgi yen 0 8 0 7 4 3 1 6 Debt stock reduction a 0 0 a a a a a of wbich debt a a a a a a a a Total change in debt stocks 126 75 -13 -2 187 267 III -68 Net flows on debt 108 64 43 56 108 lSI 80 71 Cross-currency valuation 8 -34 -43 -25 63 95 48 -100 ALL CREDITORS Interest (%) 1.7 1.0 0.7 2.2 0.6 0.9 1.0 0.7 Maturity (years) 30.3 38.0 40.5 30,1 31.4 38.5 38.8 35.7 Grace period (years) 9.2 8.7 10.1 8.4 8.1 9.6 9.8 4.2 Grant element (%) 66.4 75.2 80.7 61.4 72.4 77.3 77.3 71.1 Official creditors Interest (%) 1.7 1.0 0.7 2.2 0.8 0.9 La 0.7 Maturity (years) 30.3 38.0 40.5 30.1 34.8 38.5 38.8 35.7 Grace period (years) 9.2 8.7 10.1 8.4 8.9 9.6 9.8 4.2 Grant element (%) 66.4 75,2 80,7 61.4 75.8 77,3 77.3 71.1 Private creditors Interest (%) 0,0 0.0 0.0 0.0 0,0 0,0 0,0 0,0 Maturity (years) 0.0 0.0 0.0 0.0 13.5 0.0 0.0 0.0 Grace period (years) 0,0 0,0 0.0 0.0 3.8 0,0 0,0 0.0 Grant element (%) 0.0 0.0 0.0 0,0 54.4 0.0 0,0 0.0 2006 2007 2008 2009 2010 TOTAL Principal 49 55 55 56 61 63 66 66 Interest 20 20 19 18 18 17 15 14 Official creditors Principal 46 52 52 52 58 61 64 64 Interest 20 20 19 18 18 17 IS 14 Bilateral creditors Principal 10 10 10 9 8 8 8 8 Interest 5 5 5 4 4 4 3 3 Multilateral creditors Principal 37 42 42 43 49 52 56 56 Interest 14 15 14 14 14 13 12 11 Private creditors Principal 2 3 3 3 3 2 2 2 Interest 0 a a 0 a a 0 0 Notes: 101 CHILE (US$ million, unless otherwise indicated) 2000 2003 2004 2005 TOTAL DEBT STOCKS (EDT) 19,226 22,038 37,289 38,631 41,219 42,820 43,803 45,154 Long-term debt (LDOD) 14,687 18,607 31,117 33,341 35,.396 35,804 36,351 38,281 Public and publicly guaranteed 10,425 7,178 5,255 5,581 6,799 8,046 9,426 9,096 Private nonguaranteed 4,263 11,429 25,86\ 27,760 28,596 27,758 26,925 29,184 Use of 1M ..' credit 1,156 0 0 0 0 0 0 0 Short·term debt 3,382 3,431 6,172 5,290 5,823 7,016 7,452 6,873 of which interest arrears on LDOD 0 0 0 0 0 0 0 0 Official creditors 0 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 0 0 0 0 0 0 0 0 Official creditors 0 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 2,253 3,821 4,979 6,024 7,092 6,841 8,.388 9,156 Long-term debt 2,253 3,821 4,979 6,024 7,092 6,841 8,388 9,\56 lMF purchases 0 0 0 0 0 0 0 0 Principal repayments 980 3,671 3,941 4,684 6,011 6,578 8,136 6,178 Long-term debt 771 3,369 3,941 4,684 6,011 6,578 8,136 6,178 lMP repurchases 208 303 0 0 0 0 0 0 Net flows on debt 1,682 -284 2,893 458 1,614 1,456 688 2,400 of which short-term debt 409 -434 1,855 -882 533 1,193 436 -579 Interest payments (INT) 1,792 1,293 2,236 1,964 1,718 1,485 1,429 1,495 Long-ternl debt 1,364 1,114 2,082 1,809 1,592 1,286 1,275 1,289 lMFcharges 118 13 0 0 0 0 0 0 Short -term debt 310 165 154 154 126 200 154 206 Net transfers on debt -110 -1,577 657 -1,506 ·104 -30 ·742 905 Total debt service paid (TDS) 2,772 4,964 6,177 6,648 7,729 8,063 9,565 7,672 Long-term debt 2,135 4,483 6,023 6,494 7,603 7,864 9,411 7,466 1MF repurchases and charges 326 316 0 0 0 0 0 0 Shon -term debt (interest only) 310 165 154 154 126 200 154 206 NET RESOURCE FLOWS 2,583 3,215 5,489 5,346 3,333 4,911 7,463 11,361 Net flow of long-term debt (ex. LI\1P) \,481 452 1,038 1,340 1,081 263 252 2,979 Foreign direct investment (net) 661 2,957 4,860 4,200 2,550 4,307 7,173 6,667 Portfolio equity flows 367 -249 -427 -217 -320 318 8 1,635 Grants (excluding technical coop.) 73 54 18 23 23 23 31 81 Memo: technical coop. grants 66 97 56 58 48 59 67 60 NET TRANSFERS 832 -78 868 1,286 -705 -986 -2,043 -999 Interest on long-term debt 1,364 1,114 2,082 \,809 1,592 1,286 \,275 1,289 Profit remittances on FDI 387 2.178 2,539 2,250 2,447 4,611 8,231 11.071 Gross national income (GNI) 29,800 68.637 72,335 66,067 64,413 69,114 87.023 104,670 Exports of goods, serv. & inc. (XGS) 10,705 20,226 24,891 23,868 23,679 28,083 40,087 49,906 Worker remit. & compo of employees 1 0 13 12 12 13 13 3 Imports of goods & services (MGS) 11,387 21.883 26,346 25.395 24,842 29,652 39,579 50,938 International reserves (RES) 6,784 14,860 15.055 14.399 15,344 15,843 15,997 16,933 Current account balance -485 -1,350 -898 -1,100 -580 -964 1,586 703 EDT I XGS (%) 179.6 109.0 149.8 161.8 174.1 152.5 109.3 90.5 EDT IGNI (%) 64.5 32.1 51.5 58.5 64.0 62.0 50.3 43.1 TDS / XGS (%) 25.9 24.5 24.8 27.9 32.6 28.7 23.9 15.4 INT / XGS (%) 16.7 6.4 9.0 8.2 7.3 5.3 3.6 3.0 INT I GNI (%) 6.0 1.9 3.1 3.0 2.7 2.1 1.6 1.4 RES/EDT(%) 35.3 67.4 40.4 37.3 37.2 37.0 36.5 37.5 RES I MGS (months) 7.1 8.1 6.9 6.8 7.4 6.4 4.9 4.0 Short-term / EDT (%) 17.6 15.6 16.6 13.7 14.1 16.4 17.0 15.2 Concessionall EDT (%) 1.9 1.5 1.0 0.9 0.8 0.8 0.7 0.6 Multilateral I EDT (%) 21.5 13.0 3.8 3.4 2.6 2.4 2.3 1.8 102 CHILE (US$ million. unless othenvise indicatedj 2000 DEBT OUTSTANDl:~G (LDOD) 14,687 18,607 31,117 33,341 35,396 35,804 36,351 38,281 Public and publicly guaranteed 10,425 7,178 5,255 5,581 6,799 8,046 9,426 9,096 Official creditors 5.182 3.582 1.915 1,746 1.477 1,437 l,335 LIl3 Multilateral 4,143 2,871 1.406 1,317 1,088 1,049 1,015 827 ConcessionaJ 33 23 13 11 9 10 7 5 Bilateral 1,039 711 509 429 389 388 321 285 Concessional 334 308 348 318 300 319 314 284 Pri vate creditors 5.242 3,596 3,341 3,835 5,322 6,609 8,091 7.984 of which: Bonds 39 0 0 650 2,390 4,254 5,362 5.406 Commercial banks 4,747 3.509 3.273 3,182 2,906 2,329 2,704 2,578 Private nonguaranteed 4,263 11,429 25,861 27,760 28,596 27,758 26,925 29,184 Bonds 0 866 6.339 7,173 7,174 4.529 4,951 4,761 Commercial banks and other 4,263 10,563 19,522 20,587 21,422 23,229 21,974 24,423 Memo: IBRD 1,860 1,372 808 727 556 422 441 289 IDA 14 II 7 7 6 5 4 4 Public sector LDOD 10,421 7,178 5,175 5,501 6,719 8,020 9,426 9,096 Private sector LDOD 4,267 11,429 25,941 27,840 28,676 27,785 26,925 29,184 DISBURSEMENTS 2,253 3,821 4,979 6,024 7,092 6,841 8,388 9,156 Public and publicly guaranteed 708 342 382 1,295 2,404 2,255 2,561 1,197 Official creditors 650 194 161 122 126 156 378 176 Multilateral 583 146 113 J08 126 141 371 162 Concessional 0 0 0 0 0 0 0 0 Bilateral 67 48 47 14 I 15 7 14 Concessional 0 48 17 14 I 8 7 14 Pri vale creditors 58 148 221 1,174 2,277 2,099 2,184 1,022 of which: Bonds 0 0 0 650 1,708 1,800 1,250 500 Commercial banks 37 141 221 524 544 299 934 522 Private nonguarantecd 1,545 3,479 4,597 4,729 4,688 4,586 5,827 7,959 Bonds 0 500 672 1,281 0 330 1,125 700 Commercial banks and other 1.545 2,979 3,925 3,448 4,688 4,256 4,702 7,259 Memo: IBRD 251 83 48 39 30 37 259 55 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 771 3,369 3,941 4,684 6,011 6,578 8,136 6.178 Public and publicly guaranteed 500 2,277 760 931 1,270 1,129 1,217 1,466 Official creditors 356 2,003 280 242 438 246 485 374 Multilateral 263 1.884 177 178 376 199 406 345 Concessional 2 2 2 2 2 3 2 2 Bilateral 93 119 103 64 62 47 79 29 Concessional 32 29 34 31 30 13 17 24 Private creditors 144 273 480 688 832 883 732 1,093 of which: Bonds 7 0 0 0 0 0 171 422 Commercial banks 32 240 479 624 831 882 560 646 Private nonguaranteed 271 1,092 3,181 3,754 4,741 5,449 6,919 4,711 Bonds 0 II 0 404 94 434 752 195 Commercial banks and other 271 1,081 3,181 3,350 4,647 5,015 6,167 4,517 Memo: IBRD 119 704 115 119 202 173 240 206 IDA I 1 I 1 1 I INTEREST PAYMENTS (LINT) 1,364 1,114 2,082 1,809 1,592 1,286 1,275 1,289 Public and publicly guaranteed 1,112 653 377 299 213 364 400 459 Official creditors 384 387 139 121 101 76 51 50 Multilateral 313 348 112 105 87 65 44 43 Concessional I 0 0 0 0 0 0 0 Bilateral 71 39 27 16 14 12 7 7 Concessional 9 6 9 6 6 6 5 7 Pri vate creditors 729 266 239 178 112 287 349 409 of which: Bonds 2 0 0 0 0 192 265 299 Commercial banks 688 258 234 175 112 95 84 110 Private nonguaranteed 252 461 1,704 1,510 1,379 922 875 829 Bonds 0 26 440 499 552 351 349 347 Commercial banks and other 252 435 1,265 1,011 826 571 526 482 Memo: IBRD 130 137 70 63 50 35 18 16 IDA 0 0 0 0 0 0 0 0 103 CHILE (US$ million, unless othen1'ise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 1.5 6.0 6.1 5.4 1.0 Japanese yen 8.2 9.5 5.5 3.9 2.8 2.0 0.9 0.7 Pound sterling 3.4 2.9 0.2 0.2 0.1 OJ 0.0 0.0 Swiss franc 0.6 0.9 0.1 0.0 0.0 0.0 0.0 0.0 U.S.dollars 40.2 42.0 83.7 87.6 87.8 89.1 92.9 97.7 Total amount rescheduled 4,172 0 0 0 0 0 0 0 Debt stock rescheduled 4,168 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 1,100 145 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 1,193 -1I7 2,474 1,342 2,588 1,602 983 1,351 Net flows on debt 1.682 -284 2,893 458 1,614 1,456 688 2,400 Cross-currency valuation 508 14 -61 -82 25 289 8 64 ALL CREDITORS Interest (%) 7.8 6.2 7.0 5.9 4.3 4.3 2.8 5.0 Maturity (years) 17.9 18.1 6.3 12.8 6.7 9.3 6.5 18.4 Grace period (years) 4.2 5.4 3.0 7.0 5.7 8.0 5.4 16.4 Grant element (%) 12.2 24.3 9.8 20.6 22.2 29.2 27.9 29.2 Official creditors Interest (%) 7.7 6.1 LO 6.8 4.1 1.6 1.8 4.1 Maturity (years) 18.8 19.5 17.0 24.6 13.6 19.4 8.3 12.9 Grace period (years) 4.3 5.8 1.5 5.6 3.9 5.2 4.5 4.7 Grant element (%) 13.1 26.2 49.1 22.4 31.3 47.7 35.1 31.2 Private creditors Interest (%) 9.3 6.8 7.0 5.6 4.4 4.4 2.9 5.1 Maturity (years) 7.6 10.5 6.3 7.9 6.1 9.1 6.2 19.2 Grace period (years) 2.3 3.0 3.0 7,6 5.8 8,0 5.6 18,2 Grant element (%) 1.7 14.2 9.7 19.8 21.5 28.7 26,9 28.9 2006 2007 2008 2009 2010 2013 TOTAL Principal 8,708 4,699 4.333 4,469 2,559 2,907 2,823 2,479 Interest 1,664 1.395 1.389 1,000 832 649 489 316 Official creditors Principal 62 75 273 80 149 131 61 58 Interest 49 50 45 39 36 31 27 24 Bilateral creditors Principal 37 33 28 31 30 13 13 14 Interest 5 5 4 4 3 3 2 2 Multilateral creditors Principal 25 41 245 49 118 118 48 45 Interest 44 46 41 35 33 28 24 22 Private creditors Principal 8,646 4,625 4,060 4,390 2,411 2,776 2,761 2,421 Interest 1,615 1,344 1,344 961 796 618 462 291 Notes: Short-term debt is based on reports provided by the country, 104 CHINA (US$ million. unless otherwise indicated) 2000 TOTAL DEBT STOCKS (EDT) 55,301 118,090 145,729 184,820 186,132 208,452 247,701 281,612 Long-term debt (LDOD) 45,515 95,764 132,649 128,520 120,452 120,359 131,931 133,345 Public and publicly guaranteed 45,515 94,674 94.860 91.776 88,613 85,329 89,773 82,853 Private nonguaranteed 0 1,090 37,789 36,744 31,839 35,030 42,158 50,492 Use ofIMF credit Short-term debt of which interest arrears on LDOD 469 9,317 0 22,325 0 ° 0 13,080 0 0 56,300 0 65,680 0 ° 88,093 0 ° 115,770 0 ° ° 148,267 0 Official creditors 0 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 0 0 0 0 0 0 0 0 Official creditors 0 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 9,665 21,985 16,777 14,781 19,058 25,421 24,181 26,837 Long-tenn debt 9,665 21,985 16,777 14,781 19,058 25,421 24,181 26,837 IMF purchases 0 0 0 0 0 0 0 0 Principal repayments 3,809 9,070 19,925 16,643 24,715 29,869 16,289 20,848 Long-tenn debt 3,319 9,070 19,925 16,643 24,715 29,869 16:289 20,848 IMF repurchases 490 0 0 0 0 0 0 0 Net flows on debt 8,267 17,758 -5,248 -33 618 13,961 35,569 38,485 of which short-tenn debt 2,410 4,842 -2.100 1,828 6,275 18;409 27,677 32,497 Interest payments (INT) 3,248 5,996 7,167 7,895 6,371 7,121 6,967 6,513 Long-tenn debt 2,534 4,657 5,999 6,160 4.232 4,499 4,004 3,211 IMP charges 65 0 0 0 0 0 0 0 Short-tenn debt 649 1,340 1,168 1,735 2,139 2,622 2,963 3,302 Net transfers on debt 5,018 11,761 -12,415 -7,928 -5,753 6,840 28,602 31,972 Total debt service paid (IDS) 7,057 15,066 27,092 24,538 31,085 36,990 23,256 27,361 Long-tenn debt 5,853 13,726 25,924 22,803 28,946 34,369 20,294 24,060 IMF repurchases and charges 555 0 0 0 0 0 0 0 Short -tenn debt (interest only) 649 1,340 1,168 1,735 2,139 2,622 2,963 3,302 NET RESOURCE FLOWS 10,082 49,095 42,468 43,485 46,214 50,690 74,132 105,793 Net flow oflong-tenn debt (ex. IMp) 6,346 12,915 -3,148 -1,861 -5,657 -4,448 7,892 5,988 Foreign dire.:! investment (net) 3,487 35,849 38,399 44,241 49,308 47,077 54,936 79,127 Portfolio equity flows 0 0 6,912 849 2,249 7,729 10,923 20,346 Grants (excluding technical coop.) 249 330 305 256 314 332 380 332 Memo: technical coop. grants 384 563 537 513 565 789 883 859 NET TRANSFERS 7,502 34,485 16,271 15,836 24,159 28,837 52,713 81,542 Interest on long-tenn debt 2,534 4,657 5,999 6,160 4,232 4,499 4,004 3,211 Profit remittances on FDI 46 9,953 20,198 21,489 17,823 17,353 17,415 21,040 Gross national income (GNI) 355,699 716,237 1,183,815 1,305,630 1,438,886 1,633,123 1,928,188 2,244,932 Exports of goods, servo & inc. (XGS) 60,515 152,781 292,668 309.709 375,419 504,441 680,998 881,342 Worker remit. & compo of employees 210 1,053 6,244 8,385 13,012 17,815 19,014 22,492 InlPOrtS of goods & services (MGS) 48,668 152,248 277,904 299,888 351,302 472,857 630,610 740,414 International reserves (RES) 34,476 80,288 171,763 220,057 297,739 416,199 622,949 831,410 Current account balance 11,997 1,618 20,518 17,401 35,422 45,875 68,659 160,8\8 EDT/XGS (%) 91.4 77.3 49.8 59.7 49.6 41.3 36.4 32.0 EDT I GNI (%J 15.5 16.5 12.3 14.2 12.9 12.8 12.8 12.5 TDS/XGS (%) 11.7 9.9 9.3 7.9 8.3 7.3 3.4 3.1 !NT /XGS (%) 5.4 3.9 2.4 2.5 1.7 1.4 1.0 0.7 !NT /GNl(%) 0.9 0.8 0,6 0.6 0.4 0.4 0.4 0.3 RES I EDT (%) 62.3 68.0 117.9 119.1 160.0 199.7 251.5 295.2 RES / MGS (months) 8.5 6.3 7.4 8.8 10.2 10.6 11.9 13.5 Short-tenn / EDT (%) 16.8 18.9 9.0 30.5 35.3 42.3 46.7 52.6 Concessional/ EDT (%) 17.6 15.2 20,7 16.0 16.1 15.6 15.6 11.8 Multilateral I EDT (%) 11.1 13.8 17.7 14.5 14.7 12.6 10.7 9.4 *Includes central government debt, other public sector which is not guaranteed, and private sector debt which is guaranteed by a public entity. 105 CHINA (US$ million, unless otherwise indicated) 1995 2000 2005 5~LONG-TEIlMDEIU DEBT OUTSTANDING (LDOD) 45,515 95.764 132,649 128,520 120,452 120,359 131,931 133,345 Public and publicly guaranteed 45,515 94,674 94,860 91,776 88,613 85,329 89,773 82,853 Official creditors 14,514 36,982 50,393 50,566 50,822 51,385 57,270 52,232 Multilateral 6, III 16,302 25,811 26,861 27,421 26,236 26,525 26,413 Concessional 3,119 7,180 8,821 8,693 9,457 10350 10,670 9,741 Bilateral 8,403 20,680 24,582 23,705 23,401 25,149 30,745 25,819 Concessional 6,599 10,792 21,397 20,796 20,466 22,220 27,876 23,361 Private creditors 31,001 57,693 44.467 41,210 37,791 33,944 32,503 30,621 of which: Bonds 5,425 10,684 11,371 11,852 10,568 11.167 13,769 13,831 Commercial banks 14,520 23,869 10,619 6,760 6,062 5,119 3.434 3,064 Private nonguaranteed 0 1,090 37,789 36,744 31,839 35,030 42,158 50,492 Bonds 0 1,090 1,068 1,536 1,540 1.620 2,326 3,574 Commercial banks and other 0 0 36,721 35.208 30,299 33.410 39,832 46,918 Memo: ffiRD 2,865 7,209 1 [,I [8 11,550 11,254 10,657 11,035 11,[40 IDA 3,016 7,038 8,771 8,654 9,423 10,314 10,670 9,741 Public sector LDOD 45,449 93,573 94,860 91,776 88,613 85,329 89,773 82,594 Private sector LDOD 66 2,192 37.789 36,744 31,839 35.030 42.158 50,751 DISBURSEMENTS 9,665 21,985 16,777 14,781 19,058 25,421 24,181 26,837 Public and publicly guaranteed 9,665 21,441 9,695 8,611 4,671 4,805 6,605 7.385 Official creditors 2,578 9,073 5,791 4,741 3,269 2,582 2,513 2,169 Multilateral 1,158 2,838 3,303 2,575 2,628 2,308 1,757 2,010 Concessional 511 822 424 319 212 143 69 70 Bilateral 1,420 6,235 2,487 2,167 641 273 756 159 Concessional 1,022 1,533 1,874 1,779 463 255 752 159 Private creditors 7,087 12,368 3,904 3,870 1.402 2,223 4,093 5,215 of which: Bonds 277 1,224 848 1.486 100 1,606 3,747 2,000 Commercial banks 3,247 4,977 131 348 115 65 75 1,978 Private nonguaranteed 544 7,082 6,170 14,387 20,616 17,576 19,452 Bonds Commercial banks and other ° 0 0 544 0 390 6,692 476 5,694 90 14,297 175 20.441 737 16,839 1.622 17.830 Memo: ffiRD 591 1.457 1,528 1.480 1.812 1,475 1.119 1,061 IDA 507 812 379 311 208 141 69 70 PRINCIPAL REPAYMENTS 3,319 9,070 19,925 16,643 24,715 29,869 16,289 20,848 Public and publicly guaranteed 3,319 9,070 10,798 8,579 9,940 10,279 4,906 6,571 Official creditors 851 1,171 4.271 2,586 4,476 5,739 2,459 1,325 Multilateral 220 420 [,400 1.182 3,123 4,5[4 1,531 1,195 Concessional 0 19 317 131 123 150 222 217 Bilateral 631 751 2,871 1,404 1,353 1,225 928 130 Concessional 145 315 2,346 1,143 1,104 1,067 819 97 Pri vate creditors 2,468 7,899 6,527 5,993 5,464 4,540 2.446 5,246 of which: Bonds 325 1.451 443 926 1,165 507 769 550 Commercial banks 808 2,645 2,016 1,556 740 962 271 1,936 Private nonguaranteed 0 9,127 8,064 14,775 19,590 11,384 14,277 Bonds Commercial banks and other 0 0 ° 0 0 534 8,593 0 8,064 80 14,695 110 19,480 26 11,358 370 13.907 Memo: ffiRD 216 350 578 817 2,389 2.312 813 787 IDA 0 14 66 87 113 147 186 217 INTEREST PAYMENTS (LINT) 2,534 4,657 5,999 6,160 4,232 4,499 4,004 3,211 Public and publicly guaranteed 2,534 4,623 4,075 4,244 3,077 3,178 3,050 2,194 Official creditors 531 1.288 2,387 2,575 1,669 1,600 1,860 1,376 Multilateral 226 619 1,518 1,808 1,149 805 866 680 Concessional 20 53 69 66 68 73 78 79 Bilateral 305 669 869 767 520 795 994 696 Concessional 193 324 633 544 417 615 789 534 Private creditors 2,003 3.335 1,688 1,669 1,408 1,578 1,190 818 of which: Bonds 367 594 52[ 690 413 470 328 422 Commercial banks 959 1,333 222 202 220 1 [8 294 71 Private nonguaranteed 0 33 1,924 1,916 1,155 1,321 954 1,017 Bonds 0 33 93 III 119 123 122 248 Commercial banks and other 0 0 1,831 1,805 1,036 1,198 832 769 Memo: ffiRD 200 460 713 733 593 378 242 351 IDA 19 49 65 64 67 72 78 79 106 CHINA (US$ millioll, unless otherwise indicated) 2005 Euro 4.8 5.7 7.2 9.0 8.3 Japanese yen 30.4 20.7 16.9 14.5 15.4 16.7 15.9 13.9 Pound sterling 0.7 0.2 0.1 0.1 0.1 0.1 0.1 0.1 Swiss franc 0.2 0.0 0.1 0.1 0.1 0.1 0.1 0.1 U.S.dollars 29.1 58.1 71.4 74.1 72.4 71.2 70.8 73.9 "f.~T·P$TR~cto'RINGS Total amount rescheduled 0 0 0 0 0 0 0 o Debt stock rescheduled 0 0 0 0 0 0 0 o Principal rescheduled 0 0 0 0 0 0 0 o Official 0 0 0 0 0 0 0 o Private 0 0 0 0 0 0 0 o Interest rescheduled 0 0 0 0 0 0 0 o Official 0 0 0 0 0 0 0 o Private 0 0 0 0 0 0 0 o Debt forgiven 0 0 0 0 0 0 0 o Memo: interest forgiven 0 0 0 0 0 0 0 o Debt stock reduction 0 0 0 0 0 0 0 o of which debt buyback 0 0 0 0 0 0 0 o ··~. ·;tS't9CJt..,FlJ(J.WtmC{)N~~n()~'···· Total change in debt stocks 10,369 17,633 -6,356 39,091 1,312 22,320 39,249 33,911 Net flows on debt 8,267 17,758 -5,248 -33 618 13,961 35,569 38,485 1,415 -375 -3,118 -2,923 3,370 3,910 1,431 -3,683 ';AYERAGE'T~SQt~PC()~NTs;; . ALL CREDITORS Interest (%) 7.5 6.5 6.6 5.9 5.7 3.5 3.8 4.7 Maturity (years) 16,6 11.8 15.4 14.1 16.6 15.3 14,3 13.6 Grace period (years) 3.9 2,9 2.5 3,8 3,0 5.9 6,9 4.8 Grant element (%) 15,6 15.4 17.1 21.5 24.9 39,5 38,0 28,0 Official creditors Interest (% ) 3.7 6.8 7.2 5,8 4.2 2.1 2.4 4.2 Maturity (years) 27,9 18.3 21.1 21.4 20.7 21.9 22.3 22.5 Grace period (years) 7,9 3.7 4,9 4.7 5.0 5.4 5.2 5.5 Grant element (%) 49.2 19,0 17.5 26,9 38.1 54.4 52.6 40.4 Private creditors Interest (%) 8.6 6.3 6.4 5.9 6.5 4.9 4.7 5.0 Maturity (years) 13.3 7.3 13.7 11.8 14.1 9.1 9.2 8.9 Grace period (years) 2,7 2.4 1.8 3.5 1.8 6,4 8.0 4.5 Grant element (0/0) 5.7 12.9 17.0 19.7 16.8 25.4 28.7 21.4 2006 2007 2008 2009 2010 TOTAL Principal 21.283 18,400 17,031 16,118 12,820 10,015 6,501 6.082 Interest 4.880 4,270 3,639 3,133 2,661 2,233 1,910 1,622 Official creditors Principal 5,706 5,077 4,248 4,104 4.102 3.964 3,905 3,701 Interest 2,I30 2.004 1,873 1,745 1,597 1.439 1,276 1,109 Bilateral creditors Principal 4,089 3,408 2,467 2,262 2,084 1.818 1,747 1,575 Interest 1,043 885 753 645 542 453 373 298 Multilateral creditors Principal \,616 1,669 l.781 /,841 2.019 2,146 2,158 2,126 Interest 1,087 1,119 1,l20 1,100 1,055 987 903 811 Private creditors Principal 15,577 13,323 12.783 12,014 8,717 6,OSl 2.596 2.381 Interest 2,750 2,266 1,766 1,388 1,063 794 634 513 Notes: Data on long-term public and publicly guaranteed debt for 2005 are based on aggregate information provided by the authorities and World Bank staff estimates. Short-term and private nonguaranteed debt data for 1999-2005 are reported by the country 107 COLOMBIA (US$ million, unless otherwise indicated) 1995 TOTAL DEBT STOCK..~ (EDT) 17,222 25,044 33,930 36,245 33,204 36,997 37,910 37,656 Long-term debt (LDOD) 15,784 19,499 31,059 32,958 29,545 33,441 32,790 31,480 Public and publicly guaranteed 14,671 13,946 20.800 21,774 20,669 22,783 23,771 22,491 Pri vate non guaranteed 1,113 5,553 10,259 J 1,184 8,876 10,657 9,019 8,989 Use of IMF credit 0 0 0 0 0 0 0 0 Short-term debt 1,438 5,545 2,871 3,287 3,659 3,556 5,120 6,176 of which interest ,mears on LDOD 28 2 0 0 0 0 0 0 Official creditors 17 0 0 0 0 0 0 0 Private creditors 11 2 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 409 177 8 7 0 0 0 0 Official creditors 42 85 0 0 0 0 0 0 Private creditors 367 92 8 7 0 0 0 0 TOTAL DEBT FLOWS Disbursements 1,994 4,179 3,803 6,016 3,319 6,935 4,416 6,372 Long-term debt 1,994 4,179 3,803 6.016 3,319 6,935 4.416 6,372 IMF purchases 0 0 0 0 0 0 0 0 Principal repayments 2,189 2,347 2,901 3,621 4,620 6,198 5,249 7,366 Long-term debt 2,189 2,347 2.901 3.621 4,620 6,198 5,249 7,366 IMF repurchases 0 0 0 0 0 0 0 0 Net flows on debt -399 2,894 -192 2,811 -929 634 731 63 of which short-term debt ·204 1,062 -1,094 416 372 -103 1,564 1,056 Interest payments (INT) 1,701 1,998 2,204 2,689 2,224 2,447 2,440 2,806 Long-term debt 1.558 1,687 2,032 2,528 2,064 2,295 2,262 2,553 IMF charges 0 0 0 0 0 0 0 0 Short-term debt 143 311 172 162 160 152 178 254 Net transfers on debt -2,100 897 -2,395 122 -3,153 -1,813 -1,708 -2,743 Total debt service paid (TDS) 3,889 4,345 5,105 6,310 6,844 8,645 7,688 10,172 Long-term debt 3,746 4.034 4,932 6,148 6,684 8.493 7,510 9,919 IMF repurchases and charges 0 0 0 0 0 0 0 0 Short-term debt (interest only) 143 3Jl 172 162 160 152 178 254 NET RESOURCE FLOWS 340 3,039 3,394 4,967 953 2,547 2,555 9,624 Net flow of long-term debt (ex. IMF) -195 1,832 903 2,395 -1,301 737 -832 -994 Foreign direct investment (nel) 500 968 2,395 2,525 2.139 1,758 3.117 10,375 Portfolio equity flows 0 165 17 -42 17 -52 130 86 Grants (excluding technical coop.) 35 74 79 89 98 104 141 157 Memo: technical coop. grants 79 98 182 360 413 768 477 448 NET TRANSFERS -2,182 993 707 1,515 -2,168 -1,263 -2,173 3,403 Interest on long-term debt 1,558 1.687 2,032 2,528 2,064 2,295 2,262 2,553 Profit remittances on FDI 964 359 655 924 1,058 1.515 2,466 3,668 Gross national income (G1';l) 38,193 90,923 81,463 79,397 78,427 76,013 92,451 116,784 Exports of goods. servo & inc. (XGS) 9,514 13,781 18,403 17,978 17,354 19,346 23,320 28,781 Worker remit. & compo of employees 495 815 1,610 2,056 2,480 3,076 3,190 3,346 Imports of goods & services (MGS) 9,510 18.286 17,734 19,400 18,964 20,569 24.815 31.538 International reserves (RES) 4.869 8,452 9,006 10,244 10,844 10,920 13,537 14,955 Current account balance 542 -4,516 764 -1.089 -1,358 -974 -938 -1,981 EDT/XGS (%) 181.0 181.7 184,4 201.6 191.3 191.2 162.6 130.8 EDT I GNI(%) 45.1 27.5 41.7 45.6 42.3 48.7 41.0 32,2 TDS I XGS (%) 40,9 31.5 27.7 35,1 39.4 44.7 33.0 35.3 ThfT I XGS (%) 17.9 14.5 12.0 15.0 12.8 12,6 10.5 9.8 !NT I GNI(%) 4.5 2,2 2.7 3.4 2.8 3.2 2.6 2.4 RES I EDT (%) 28.3 33.7 26.5 28.3 32.7 29.5 35.7 39.7 RES I MGS (months) 6.1 5.5 6.1 6.3 6.9 6.4 6.5 5.7 Short-term I EDT (%) 8,4 22.1 8.5 9.1 11.0 9.6 13.5 16.4 Concessionall EDT (%) 5.7 3,9 2.8 2.4 2.8 3.0 2.8 2.5 Multilateral I EDT (%) 35,4 21.2 18.5 20.0 22.9 27.3 27.5 25.5 108 COLOMBIA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 15,784 19,499 31,059 32,958 29,545 33,441 32,790 31,480 Public and publicly guaranteed 14,671 13,946 20,800 21,774 20,669 22,783 23,771 22,491 Official creditors 8,540 7.063 7.722 8.588 8,941 11,332 11,462 10,514 Multilateral 6,103 5,316 6,274 7,252 7,607 10,085 10,410 9.615 Concessional 219 161 102 89 75 273 373 351 Bilateral 2,437 1,747 1,448 1,336 1,334 1,247 1,052 899 Concessional 769 814 860 798 853 838 701 606 Private creditors 6,131 6,883 13,077 13,185 11,728 11,452 12,309 11,977 of which: Bonds 275 1,733 8,201 10,226 9,623 9,664 10,741 10.864 Commercial banks 4,208 4,163 4,245 2,270 1,516 1,292 1,143 799 Private nonguaranteed 1,113 5,553 10,259 11,184 8,876 10,657 9,019 8,989 Bonds 0 717 762 658 658 376 370 370 Commercial banks and other 1,113 4,836 9,497 10,526 8,218 10,282 8,649 8,619 Memo: mRD 3,859 2,548 1,920 2,006 2,348 3,241 3,490 3,896 IDA 14 11 7 7 6 5 5 4 Public sector LDOD 14,630 13,945 20,798 21,772 20,668 22,782 23,770 22,490 Private sector LDOD 1,154 5.555 10,261 11,185 8,877 10,658 9,020 8,990 DISBURSEMENTS 1,994 4,179 3,803 6,016 3,319 6,935 4,416 6,372 Public and publicly guaranteed 1,847 1,569 2,939 5,255 2,025 5,654 2,884 4,252 Official creditors 697 685 660 ],601 980 3,312 1,173 1,467 Multilateral 559 394 508 1,519 912 3,288 1,169 1,467 Concessional 3 0 0 0 0 180 118 3 Bilateral 139 290 152 82 68 24 4 0 Concessional 26 70 97 54 56 15 4 0 Private creditors 1,150 885 2,279 3.653 1,045 2,342 1,711 2,784 of which: Bonds 0 535 1,804 3,045 500 2,047 1,375 2,180 Commercial banks 874 257 469 379 465 268 292 591 Private nonguaranteed 147 2,610 865 761 1,294 1,281 1,533 2,121 Bonds 0 592 0 0 0 0 170 0 Commercial banks and other 147 2,018 865 761 1,294 1,281 1.363 2,121 Memo: mRD 213 238 266 368 480 987 455 705 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPA YME.l'.'TS 2,189 2,.~47 2,901 3,621 4,620 6,198 5,249 7,366 Public and publicly guaranteed 1,875 2,200 2,068 2,720 3,326 3,944 2,083 4,674 Official creditors 737 1,110 557 518 960 1,260 1,089 2,189 Multilateral 527 647 440 401 852 1,118 943 2,072 Concessional 12 13 13 13 14 15 19 22 Bilateral 210 463 116 117 108 142 146 117 Concessional 36 39 44 47 43 84 87 64 Pri vate creditors 1,138 L090 1.512 2,202 2,366 2,683 994 2,485 of which: Bonds 4 119 469 985 1,190 2,070 441 1,684 Commercial banks 849 723 839 1,031 990 491 438 681 Private nonguaranteed 314 147 832 900 1,294 2,254 3,165 2,692 Bonds 0 llO 98 282 176 0 Commercial banks and other Memo: 314 ° 147 722 802 ° 1.294 1,972 2,990 2,692 mRD 434 414 242 232 231 211 255 218 IDA I 1 1 1 1 1 1 I INTEREST PAYMENTS (LINT) 1,558 1,687 2,032 2,528 2,064 2,295 2,262 2,553 Public and publicly guaranteed 1,240 962 1,414 1,689 1,568 1,630 1,636 1,915 Official creditors 627 505 541 561 503 537 540 569 Multilateral 476 388 470 493 448 489 497 529 Concessional 6 4 3 2 2 2 10 19 Bilateral 150 118 71 68 55 49 43 39 Concessional 19 25 26 26 24 22 19 18 Private creditors 613 457 873 1,128 1,065 1,093 1,096 1,347 of which: Bonds 27 58 515 867 932 998 1,009 1,253 Commercial banks 461 310 298 199 92 61 58 69 Private nonguaranteed 318 725 618 838 495 665 625 637 Bonds 0 15 84 79 75 75 38 36 Commercial banks and other 318 710 534 759 420 590 587 601 Memo: lBRD 318 190 126 133 115 146 152 174 IDA 0 0 0 0 0 0 0 0 109 COLOMBIA (US$ million. unless orhenvise indicated) 1990 1995 2000 2001 2002 2003 Buro 9.8 9.6 6.2 6.3 3.9 Japanese yen 4.9 5.6 3.6 3.9 3.8 2.3 1.7 1.6 Pound sterling 0.3 0.1 0.8 0.7 0.8 0.8 0.9 0.8 Swiss franc 0.3 0.2 0.0 0.0 0.0 0.1 0.0 0.0 U.S.dollars 44.0 49.9 74.4 72.9 72.9 79.2 81.4 85.4 1i;I)_T~RUCTURIN~S Total amount rescheduled 0 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgi ven 2 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 . ' >;;;8~D.T"OCK;.",Q;Wtu:CONgI..IATlQN...' Total change in debt stocks 336 3.106 -491 2,315 -3.041 3,793 913 -254 Net flows on debt -399 2,894 ·192 2,811 -929 634 731 63 494 315 -364 -370 646 704 426 245 ;~A~lY\GE~.Qlf:NEW CQQ11'~rfl'S ALL CREDITORS Interest (%) 8.0 4.8 7.9 8.7 7.7 5.4 6.6 6.6 Maturity (years) 16.5 11.7 10.7 12.5 9.2 12.4 14.8 13.5 Grace period (years) 4.6 4.3 6.2 8.0 6.0 8.4 9.2 8.6 Grant element (%) 12.2 23.6 4.7 8.1 9.2 23.0 22.6 20.6 Official creditors Interest (% ) 7.5 6.4 8.6 5.5 4.1 3.7 4.3 4.9 MatUllty (years) 18.7 20.4 12.6 18.7 13.8 10.7 17.2 16.0 Grace period (years) 5.4 4.8 3.7 6.0 3.9 4.8 6.5 6.0 Grant element (%) 15.5 23.3 7.4 28.8 31.1 32.1 36.1 31.9 Private creditors Interest (%J 9.3 3.8 7.7 lOA 8.9 8.8 9.0 7.8 Maturity (years) 10.2 6.1 10.2 9.2 7.8 16.0 12.3 11.7 Grace period (years) 2.2 4.0 7.0 9.1 6.6 15.8 12.1 lOA Grant element (%) 2.3 23.9 3.9 -3.3 1.9 4.1 8.3 12.8 2006 2007 2008 2009 2010 TOTAL Principal 4.504 3.147 3,593 2,966 3,232 2.027 2.162 1,514 Interest 2,194 1,971 1,712 1.506 1,289 1.067 954 777 Official creditors Principal 957 978 967 918 1.014 1,037 859 868 Interest 553 526 488 447 404 352 302 261 Bilateral creditors Principal 113 111 109 II! 85 69 25 22 Inlerest 37 31 26 20 IS 11 8 7 Multilateral creditors Principal 844 867 857 807 929 968 834 845 Interest 517 494 462 427 388 342 295 254 Private creditors Principal 3.547 2,169 2,626 2,048 2.217 990 1,303 646 Interest 1,640 1.445 1,224 1,059 885 715 652 516 Notes: 110 COMOROS (US$ million, unless otherwise indicated) 1995 2000 2001 2002 2003 2004 2005 TOTAL DEBT STOCKS (EDT) 188.5 215.5 237.6 248.1 275.6 293.1 308.8 288.8 Long.term debt (LDOD) 176.1 202.1 207.9 223.1 245.4 265.3 275.2 259.3 Public and publicly guaranteed 176.1 202.1 207.9 223.1 245.4 265.3 275.2 259.3 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Use of IMF credit 0.0 3.3 1.5 0.8 0.6 0.2 0.0 0.0 Short·term debt 12.4 10.1 28.3 24.1 29.6 27.7 33.6 29.5 of which interest arrears on LDOD 12.2 8.1 19.3 21.1 23.6 26.6 30.6 26.5 Official creditors 12.2 8.1 19.3 21.1 23.6 26.6 30.6 26.5 Private creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memorandum items Principal arrears on LDOD 25.5 26.9 60.8 64.1 67.6 68.3 80.2 76.4 Official creditors 25.5 26.9 60.8 64.1 67.6 68.3 80.2 76.4 Private creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 TOTAL DEBT FLOWS Disbursements 5.4 9.6 2.1 11.6 12.2 8.6 3.2 2.7 Long-term debt 5.4 9.6 2.1 11.6 12.2 8.6 3.2 2.7 IMF purchases 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal repayments 0.2 0.4 1.8 1.9 4.2 2.1 2.2 2.6 Long-term debt 0.2 0.4 1.2 1.3 3.8 1.8 2.0 2.6 IMF repurchases 0.0 0.0 0.6 0.6 0.4 0.4 0.2 0.0 Net flows on debt 2.2 11.2 2.3 3.7 11.0 1.6 3.0 0.1 of which short-term debt -3.0 2.0 2.0 -6.0 3.0 -4.9 1.9 0.0 Interest payments (INT) 0.9 0.6 1.4 0.9 0.9 0.9 1.1 1.4 Long-term debt 0.7 0.5 0.8 0.6 0.8 0.8 1.0 1.3 IMFcharges 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short-term debt 0.2 0.1 0.6 0.3 0.1 0.1 0.1 0.2 Net transfers on debt 1.3 10.6 0.9 2.8 10.1 0.7 1.9 -1.3 Total debt service paid (TDS) 1.1 1.0 3.2 2.8 5.1 3.0 3.3 4.0 Long-term debt 1.0 0.9 2.0 2.0 4.6 2.6 3.0 3.8 IMF repurchases and charges 0.0 0.0 0.6 0.6 0.4 0.4 0.2 0.0 Short-term debt (interest only) 0.2 0.1 0.6 0.3 0.1 0.1 0.1 0.2 NET RESOURCE FLOWS 33.2 27.8 11.8 22.4 21.8 15.2 13.5 14.5 Net flow oflong-term debt (ex. IMF) 5.2 9.2 0.9 10.2 8.4 6.9 1.3 0.1 Foreign direct investment (net) 0.4 0.9 0.1 1.1 0.4 1.0 -0.1 1.0 Portfolio equity flows 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grants (excluding technical coop.) 27.7 17.8 10.7 11.0 13.0 7.3 12.4 13.4 Memo: technical coop. grants 15.8 14.6 8.4 8.3 10.3 12.0 12.6 13.1 NET TRANSFERS 31.9 27.2 11.0 21.8 21.0 14.3 12.5 13.2 Interest on long-term debt 0.7 0.5 0.8 0.6 0.8 0.8 1.0 1.3 Profit remittances on FDI 0.6 0.2 0.0 0.0 0.0 0.0 0.0 0.0 Gross national income (GNI) 249.3 232.9 202.2 220.8 250.4 323.1 360.3 384.6 Exports of goods, servo & inc. (XGS) 48.1 61.4 Worker remit. & compo of employees 10.0 12.0 12.0 12.0 12.0 12.0 12.0 12.0 Imports of goods & services (MGS) 93.4 105.7 International reserves (RES) 29.9 44.9 43.4 62.5 80.1 94.5 104.0 86.1 Current account balance -10.5 -19.0 EDT/XGS (%) 392.0 350.8 EDT I GNI (%) 75.6 92.5 117.5 112.3 110.0 90.7 85.7 75.1 IDS IXGS (%) 2.3 1.6 !NT I XGS (%) 1.8 0.9 !NT IGNI (%) 0.4 0.2 0.7 0.4 0.4 0.3 0.3 0.4 RES I EDT (%) 15.9 20.8 18.3 25.2 29.1 32.3 33.7 29.8 RES I MGS (months) 3.8 5.1 Short-tenn I EDT (%) 6.6 4.7 11.9 9.7 10.7 9.4 10.9 10.2 Concessionall EDT (%) 86.1 90.2 83.9 86.8 85.9 87.3 85.9 86.7 Multilateral I EDT (%) 61.2 73.0 70.2 69.6 70.6 72.8 72.3 71.9 111 COMOROS (US$ million, unless otherwise indicated) DEBT OUTSTANDING (LOOm 176.1 202.1 207.9 223.1 245.4 265.3 275.2 259.3 Public and publicly guaranteed 176.1 202.1 207.9 223.1 245.4 265.3 275.2 259.3 Official creditors 176.1 202.1 207.9 223.1 245.4 265.3 275.2 259.3 Multilateral 115.3 157.4 166.S 172.6 194.6 213.4 223.4 207.6 Concessional 101.6 149.7 158.2 164.S 185.9 203.9 213.5 198.7 Bilateral 60.8 44.7 41.1 50.5 50.9 51.8 51.8 51.7 Concessional 60.8 44.7 41.1 50.5 50.9 51.8 51.8 51.7 Private creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 37.5 64.1 70.8 79.0 96.1 112.4 IIS.7 111.1 Public sector LDOD 176.1 202.1 207.9 223.1 245.4 265.3 275.2 259.3 Private sector LDOD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 DISBURSEMENTS 5.4 9.6 2.1 11.6 12.2 8.6 3.2 2.7 Public and publicly guaranteed 5.4 9.6 2.1 11.6 12.2 8.6 3.2 2.7 Official creditors 5.4 9.6 2.1 11.6 12.2 8.6 3.2 2.7 Multi lateral 1.3 9.6 2.1 11.6 12.2 8.6 3.2 2.7 Concessional 1.3 9.6 2.1 11.6 12.2 8.6 3.2 2.7 Bilateral 4.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Concessional 4.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 0.7 9.6 2.1 11.6 12.2 8.6 3.2 2.7 PRINCIPAL REP A YMENTS 0.2 0.4 1.2 1.3 3.8 1.8 2.0 2.6 Public and publicly guaranteed 0.2 0.4 1.2 1.3 3.8 1.8 2.0 2.6 Official creditors 0.2 0.4 1.2 1.3 3.8 1.8 2.0 2.6 Multilateral 0.2 0.4 1.2 l.3 3.1 1.8 2.0 2.6 Concessional 0.2 0.4 1.2 1.3 3.1 1.8 2.0 2.6 Bilateral 0.0 0.0 0.0 0.0 0.7 0.0 0.0 0.0 Concessional 0.0 0.0 0.0 0.0 0.7 0.0 0.0 0.0 Pri vate credi tors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private non guaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 0.1 0.4 0.8 0.8 1.1 1.3 1.8 2.0 INTEREST PAYMENTS (LINT) 0.7 0.5 0.8 0.6 0.8 0.8 1.0 1.3 Public and publicly guaranteed 0.7 0.5 0.8 0.6 0.8 0.8 1.0 1.3 Official creditors 0.7 0.5 0.8 0.6 0.8 0.8 1.0 1.3 Multilateral 0.4 0.5 0.8 0.6 0.7 0.8 1.0 J.3 Concessional 0.4 O.S 0.8 0.6 0.7 0.8 1.0 I.3 Bilateral 0.3 0.0 0.0 0.0 0.1 0.0 0.0 0.0 Concessional 0.3 0.0 0.0 0.0 0.1 0.0 0.0 0.0 Private creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 00 0.0 (J.O 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 (J.O 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 (J.O 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 0.3 0.4 0.8 0.6 0.6 0.7 0.9 0.9 112 COMOROS (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 14.1 13.5 13.3 13.0 12.4 Japanese yen 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 17.0 27.5 32.2 34.2 37.6 40.3 40.7 40.4 Total amount rescheduled 0.0 2.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt stock rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal rescheduled 0.0 1.8 0.0 0.0 0.0 0.0 0.0 0.0 Official 0.0 1.8 0.0 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Interest rescheduled 0.0 0.2 0.0 0.0 0.0 0.0 0.0 0.0 Official 0.0 0.2 0.0 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt forgiven 0.1 0.4 0.0 0.0 0.0 0.0 0.0 0.0 Memo: interest forgiven 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt stock reduction 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which debt 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Total change in debt stocks 11.1 11.9 0.6 10.5 27.5 17.6 15.7 -20.0 Net flows on debt 2.2 11.2 2.3 3.7 11.0 1.6 3.0 0.1 Cross-currency valuation 2.5 -3.4 -9.5 -3.3 9.7 13.6 6.6 -1l.8 ALL CREDITORS Interest (%) 2.0 0.9 0.0 0.8 0.0 0.0 0.8 0.0 Maturity (years) 29.8 37.7 0.0 39.6 0.0 0.0 39.8 0.0 Grace period (years) 10.3 10.4 0.0 10.1 0.0 0.0 10.3 0.0 Grant element (% ) 65.9 78.1 0.0 SO.4 0.0 0.0 80.7 0.0 Official creditors Interest (%) 2.0 0.9 0.0 0.8 0.0 0.0 0.8 0.0 Maturity (years) 29.8 37.7 0.0 39.6 0.0 0.0 39.S 0.0 Grace period (years) 10.3 10.4 0.0 10.1 0.0 0.0 10.3 0.0 Grant element (%) 65.9 78.1 0.0 80.4 0.0 0.0 80.7 0.0 Private creditors Interest (%j 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2006 2007 2008 2009 2010 TOTAL Principal 10.8 5.8 6.3 6.4 6.2 6.4 6.7 6.1 Inlerest 1.5 1.4 1.4 1.4 1.3 1.3 L2 1.2 Official creditors Principal 10.8 5.8 6.3 6.4 6.2 6.4 6.7 6.1 Interest 1.5 1.4 1.4 1.4 1.3 1.3 L2 1.2 Bilateral creditors Principal 1.7 1.5 1.5 1.5 L3 1.3 1.3 1.4 Interest 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.1 Multilateral creditors Principal 9.2 4.3 4.S 4.9 4.9 5.0 5.3 4.8 Interest 1.3 1.2 1.2 1.2 1.2 1.1 1.1 1.1 Private creditors Principal 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Interest 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Notes: Il3 CONGO, DEMOCRATIC REPUBLIC OF (US$ million, unless othenvise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 8,994 9,636 7,880 7,587 8,845 10,161 10,125 9,412 Public and publicly guaranteed 8,994 9,636 7,880 7,587 8,845 10,161 10,125 9,412 Official creditors 8,105 8,758 7,384 7,098 8,504 9,789 9,749 9,042 Multilateral 1,912 2,382 2,]64 2,065 2,446 2,796 3,098 3,050 Concessional 1,439 1,704 1,541 1,489 1,892 2,180 2,457 2,479 Bilateral 6,193 6,376 5,220 5,033 6,058 6,993 6,651 5,992 Concessional 1,737 1,859 1,598 1,525 4,299 4,965 4,535 4,122 Private creditors 889 878 496 488 341 372 376 370 of which: Bonds 5 5 3 3 2 2 I 1 Commercial banks 118 117 81 80 0 I 1 I Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRD 49 92 81 81 0 0 0 0 IDA 1,1l2 1,321 I, 188 1,151 1,504 1,771 1,993 2,050 Public sector LDOD 8,994 9,621 7,867 7,587 8,845 10,[61 10,125 9,412 Private sector LDOD 0 15 13 0 0 0 0 0 DISBURSEMENTS 315 0 0 0 415 190 211 249 Public and publicly guaranteed 315 0 0 0 415 190 211 249 Official creditors 312 0 0 0 415 161 211 249 Multilateral 222 0 0 0 410 160 2[1 249 Concessional 125 0 0 0 410 160 211 249 Bilateral 90 0 0 0 5 1 0 0 Concessional 88 0 () () 5 I 0 0 Private creditors 3 0 0 0 0 29 () 0 of which: Bonds 0 0 () 0 0 0 0 0 Commercial banks 0 0 0 0 0 I () 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds () () 0 0 0 0 () 0 Commercial banks and other 0 0 () () () 0 0 0 Memo: ffiRD 21 0 0 0 0 0 0 0 IDA 89 0 () 0 410 160 167 226 PRINCIPAL REPAYMENTS 49 0 0 0 248 56 67 112 Public and publicly guaranteed 49 0 0 0 248 56 67 112 Official creditors 34 0 () 0 248 55 63 110 Multilateral 28 0 0 0 248 17 11 11 Concessional 4 0 0 0 167 17 9 9 Bilateral 6 0 0 0 0 38 52 98 Concessional 4 0 0 0 () 4 19 31 Private creditors 15 0 0 0 0 1 4 2 of which: Bonds 0 0 () 0 (} 0 0 1 Commercial banks 5 0 0 (} 0 (} 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 (} 0 0 0 Memo: IBRD 5 0 0 0 82 (} (} (} IDA 2 0 0 (} 135 12 (} 0 INTEREST PAYMENTS (LINT) 88 0 0 0 164 85 69 97 Public and publicly guaranteed 88 0 0 0 164 85 69 97 Official creditors 76 0 0 (} 164 85 68 95 Multilateral 40 0 0 0 164 77 48 52 Concessional 9 0 (} 0 102 10 13 15 Bilateral 36 (} (} 0 0 8 20 43 Concessional 8 0 (} 0 (} 2 9 21 Private creditors 12 (} 0 (} 0 0 (} I of which: Bonds 0 0 0 (} (} 0 (} 0 Commercial banks 2 0 0 (} 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds () (} 0 (} 0 0 0 0 Commercial banks and other 0 0 0 () 0 0 0 0 Memo: ffiRD I 0 0 0 51 0 0 0 IDA 7 () 0 () 86 9 11 12 115 CONGO, DEMOCRATIC REPUBLIC OF (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2005 Euro 33.1 34.7 36.9 33.3 30.1 Japanese yen 3.0 3.7 4.8 4.3 7.6 7.5 7.8 7.3 Pound sterling 1.2 0.9 1.1 1.1 1.2 1.2 1.3 1.2 Swiss franc 0.2 0.3 0.2 0.2 0.4 0.4 0.3 0.3 U .S.dollars 41.5 40.8 44.6 45.8 43.2 41.7 43.1 46.0 7. OOBT USTRUCT1.IlUNGS Total amount rescheduled 446 0 0 0 4,810 79 49 34 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 259 0 0 0 2,220 61 49 24 Official 252 0 0 0 2,072 61 48 24 Private 7 0 0 0 149 1 1 0 Interest rescheduled 131 0 0 0 \,298 18 17 9 Official 129 0 0 0 1,247 17 17 9 Private 2 0 0 () 5J 0 () 0 Debt forgiven 9 () 0 () 2,086 76 97 65 Memo: interest forgiven 15 0 0 0 1.467 27 33 28 Debt stock reduction () () () () 0 0 0 0 of which debt 0 () () 0 0 0 () 0 8..DEB'rSTOCl{-FLOW RECONCILIATIDN Total change in debt stocks 1,007 918 -356 -173 -1,460 1.195 180 -834 Net flows on debt 88 61 20 2 244 -67 315 95 400 95 -373 -294 643 910 426 -817 ,. A~~;ETtRMSOFNEWCO~M~S. ALL CREDITORS Interest (% ) 5.9 2.5 0.0 0.0 4.5 0.9 0.8 0.1 Maturity (years) 23.8 19.9 0.0 0.0 29.4 40.3 41.3 41.1 Grace period (years) 6.4 4.4 0.0 0.0 7.5 9.6 10.0 2.1 Grant element (%) 30.6 48.7 n.n n.o 43.7 77.3 80.8 76.7 Official creditors Interest (% ) 5.9 2.5 n.o 0.0 4.5 0.8 n.8 n.I Maturity (years) 23.8 19.9 n.n n.o 29.4 43.5 41.3 41.1 Grace period (years) 6.4 4.4 0.0 0.0 7.5 10.3 10.0 2.1 Grant element (%) 30.6 48.7 n.o n.o 43.7 81.6 80.8 76.7 Private creditors Interest (%) 0.0 0.0 0.0 n.o 0.0 2.0 0.0 0.0 Maturity (years) 0.0 0.0 0.0 0.0 n.o ILl n.o 0.0 Grace period (years) 0.0 n.o o.n 0.0 0.0 2.9 0.0 o.n Grant element (%) 0.0 0.0 0.0 0.0 0.0 37.6 0.0 0.0 l~˘()~Ci:l'tJltt:~.:("lQAl'IO~ONOVrsT..um.lNQtfkO~~J)Q1'· 2006 2007 2008 2009 2010 2011 TOTAL Principal 423 387 378 388 200 209 220 237 Interest 236 222 209 195 183 176 169 161 Official creditors Principal 375 341 332 342 196 205 216 233 Interest 226 214 203 192 182 175 168 160 Bilateral creditors Principal 326 287 277 286 139 148 150 154 Interest 181 169 158 146 136 130 123 115 Multilateral creditors Principal 48 54 55 56 57 57 66 79 Interest 45 45 45 46 46 45 45 45 Private creditors Principal 49 46 46 46 4 4 4 4 Interest 10 8 6 3 1 1 I 1 Notes: Data on long-tel111 public and publicly guaranteed debt for 200S are partially provided by the country. Grants in 2003 include the debt forgiveness under the Paris Club rescheduling agreement signed in 2002. lJ6 CONGO, REPUBLIC OF (US$ million, unless otherwise indicated) 1995 2000 TOTAL DEBT STOCKS (EDT) 4,934 5,982 4,865 4,469 5,131 5,505 6,741 5,936 Long-term debt (LDOD) 4,187 4,942 3,744 3,618 3,961 4,413 5,609 5,161 Public and publicly guaranteed 4.187 4,942 3,744 3,618 3,961 4,413 5,609 5,161 Private nonguaranteed 0 0 0 0 0 () 0 0 Use of IMF credit 11 19 41 39 33 28 29 26 Short-term debt 736 1,022 1,080 813 1,137 1,065 1,103 748 of which interest arrears on LOaD 181 432 659 715 866 1,034 796 737 Official creditors 77 326 490 547 688 844 195 165 Private creditors 104 106 169 169 178 190 602 572 Memorandum items Principal arrears on LDOD 571 1,014 1,793 1,957 2,264 2,636 2,759 2,595 Official creditors 127 587 1,085 1,210 1,481 1,806 549 488 Pri vate creditors 443 427 708 747 783 829 2,209 2,107 TOTAL DEBT }<'LOWS Disbursements 318 15 14 38 2 24 39 59 L:mg-telm debt 312 15 0 38 2 24 27 48 IMF purchases 5 0 14 0 0 0 12 12 Principal repayments 362 84 S S6 18 31 106 76 Long-term debt 355 82 5 54 10 24 94 65 IMF repurchases 7 2 0 I 8 8 12 12 Net flows on debt 93 166 -52 -341 158 -247 209 -3D of which short-term debt 138 236 -61 -324 174 -240 276 -296 Interest payments (INT) 169 97 37 36 7 30 81 43 Long-ternl debt 120 61 7 26 3 28 79 35 IMF charges 1 1 1 I 1 0 0 0 Short-ternl debt 48 35 30 9 3 2 2 8 Net transfers on debt -75 69 -90 -378 151 -277 128 -356 Total debt service paid (TDS) 531 181 43 92 25 61 187 119 Long-term debt 475 142 12 80 13 51 173 99 IMF repurchases and charges 8 3 1 2 9 8 12 12 Short-term debt (interest only) 48 35 30 9 3 2 2 8 NET RESOURCE FLOWS -8 144 193 96 384 356 1 2,014 Net flow of long-term debt (ex. IMF) -43 -67 -5 -17 -8 0 -67 -17 Foreign direct investment (net) -14 125 166 77 331 323 -9 724 Portfolio equity flows 0 0 0 0 0 0 Grants (excluding technical coop.) Memo: technical coop, grants 50 51 86 41 32 19 35 19 61 25 33 32 ° 76 33 0 1.307 32 NET TRANSFERS -128 -243 -280 -299 -191 -59 -725 887 Interest on long-teffil debt 120 61 7 26 3 28 79 35 Profit remittances on FDI 0 326 466 369 572 388 647 1.093 Gross national income (GNI) 2.324 1,228 2,275 1,954 2,198 2,681 3,253 3,935 Exports of goods, serv, & inc, (XGS) 1,503 1,384 2,644 2,217 2,461 2,846 3,649 4,980 Worker remit. & compo of employees 0 4 10 12 I 13 15 11 Imports of goods & services (MGS) 1.757 2,050 2,013 2,228 2,484 2,303 2,947 4,054 International reserves (RES) 10 64 225 72 35 39 124 738 Current account balance -251 -625 648 -28 -34 520 674 903 EDT/XGS(%) 328.4 432.2 184,0 201.6 208,5 193.5 184,8 119.2 EDT I GNI (%) 212.3 487,1 213.8 228.8 233.4 205.3 207.2 150,8 TDS I XGS (%) 35.3 13.1 1.6 4.1 1.0 2.2 5,] 2,4 INT I XGS (%) 11.2 7,0 1,4 1.6 0.3 1.1 2,2 0,9 lNT I GNI (%) 7.3 7.9 1.6 1.9 0.3 Ll 2,5 L1 RES/EDT(%) 0.2 Ll 4.6 1.6 0.7 0.7 1.8 12.4 RES I MGS (months) 0.1 0.4 L3 0.4 0.2 0.2 0.5 2.2 Short-term I EDT (%) 14,9 17.1 22.2 18.2 22.2 19.3 16.4 12.6 Concessional I EDT (%) 35.1 33,0 33.7 36.2 34,9 37,0 38.5 40,8 Multilateral I EDT (%) 11.5 11.8 11.7 12.0 ILl 11.4 17.9 20.1 JJ7 CONGO, REPUBLIC OF (US$ million, unless otherwise indicated) DEBT OUTSTANDING (LDOD) 4,187 4,942 3,744 3,618 3,961 4,413 5,609 5,161 Public and publicly guaranteed 4,187 4,942 3,744 3,618 3,961 4,413 5,609 5,161 Official creditors 3,047 4,035 2,986 2,871 3,178 3.583 3,400 3,055 Multilateral 568 703 570 535 569 626 1,205 1,192 Concessional 151 261 223 250 266 312 947 958 Bilateral 2,479 3,332 2,416 2,336 2,609 2,957 2,195 1,863 Concessional 1,580 1,715 1,416 1,370 1,526 1,727 1,647 1,465 Private creditors 1,140 907 758 747 783 829 2,209 2,107 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 724 784 691 683 708 739 2,112 2,022 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 164 105 65 16 10 3 0 0 IDA 75 174 159 187 198 235 269 280 Public sector LDOD 4,187 4,942 3,744 3,618 3,961 4,413 5,609 5,161 Private sector LDOD 0 0 0 0 0 0 0 0 DISBURSEMENTS 312 15 0 38 2 24 27 48 Public and publicly guaranteed 312 15 0 38 2 24 27 48 Official creditors 127 15 0 38 2 24 27 48 Multilateral 11 I 0 38 2 24 27 45 Concessional I 0 0 38 2 24 27 45 Bilateral 116 14 0 0 0 0 0 3 Concessional Jl3 14 0 0 0 0 0 3 Pri vale creditors 185 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 174 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 2 I 0 0 0 0 0 0 IDA 0 0 0 38 2 24 27 35 PRINCIPAL REPAYMENTS 355 82 5 54 10 24 94 65 Public and publicly guaranteed 355 82 5 54 10 24 94 65 Official creditors 70 32 5 54 10 24 94 65 Multilateral 30 19 5 54 10 24 84 42 Concessional 2 1 I 5 3 4 6 7 Bilateral 40 13 0 0 0 0 10 23 COllcessional I 5 0 0 0 0 10 23 Private creditors 285 50 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 257 46 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 6 18 2 48 6 6 3 0 IDA 0 1 I 5 2 2 4 5 INTEREST PAYMENTS (LINT) 120 61 7 26 3 28 79 35 Public and publicly guaranteed 120 61 7 26 3 28 79 35 Offlcial creditors 68 20 7 26 3 28 79 35 Multilateral 30 11 7 26 3 23 75 31 COllcessional 1 I I 4 2 3 3 9 Bilateral 38 9 0 0 0 5 4 4 COllcessional 28 8 0 0 0 1 2 4 Private creditors 52 40 0 0 0 0 0 0 of which: Bonds 0 () 0 0 0 0 0 0 Commercial banks 44 39 0 0 0 0 0 0 Private nongnaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 () Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 12 10 22 I I 0 () IDA 1 I 4 2 2 2 2 Il8 CONGO, REPUBLIC OF (US$ million, unless otherwise indicated) 1990 1995 2003 2004 Euro 44.8 48.4 51.9 37.2 33.0 Japanese yen 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 Pound sterling 5.7 4.9 6.6 6.6 6.7 6.6 5.2 5.7 Swiss franc 0.4 0.5 0.3 0.3 0.3 0.3 0.1 0.2 U.S.dollars 16.6 23.8 29.2 30.3 27.7 25.6 52.5 55.3 Total amount rescheduled 780 108 0 0 0 0 1,097 96 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 379 65 0 0 0 0 608 54 Official 96 60 0 0 0 0 608 54 Private 283 5 0 0 0 0 0 0 Interest rescheduled 368 42 0 0 0 0 298 16 Official 41 0 0 0 0 298 16 Ptivate 0 0 0 0 0 0 0 Debt forgiven 24 0 0 0 0 915 110 Memo: interest forgiven 0 a 0 0 0 435 32 Debt stock reduction 0 a 0 0 0 a 0 of which debt 0 a 0 0 a 0 0 Total change in debt stocks 589 -146 -396 662 375 1.236 -805 Net flows on debt 166 -52 -341 158 -247 209 -313 115 -163 -117 340 444 209 -331 ALL CREDITORS Interest (%) 5.1 2.2 0.0 0.8 0.8 0.8 0.8 4.2 Maturity (years) 15.7 31.8 0.0 39.8 39.4 39.6 42.4 23.7 Grace period (years) 6.8 9.0 0.0 10.3 9.9 10.1 lOA 7.2 Grant element (%) 32.0 63.7 0.0 80.7 80.2 80.4 81.4 42.6 Official creditors Interest (%) 4.3 2.2 0.0 0.8 0.8 0.8 0.8 4.2 Maturity (years) 16.9 31.8 0.0 39.8 39.4 39.6 4204 23.7 Grace period (years) 7.2 9.0 0.0 10.3 9.9 10.1 lOA 7.2 Grant element (%J 37.3 63.7 0.0 80.7 80.2 80.4 81.4 42.6 Private creditors Interest (% ) 9.9 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 8.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period 4.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element -0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2006 2007 2008 2009 2010 2011 2012 TOTAL Ptincipal 192 122 126 128 53 90 95 101 Interest 64 59 65 58 52 50 47 45 Official creditors Principal 192 122 126 128 53 90 95 101 Interest 64 59 65 58 52 50 47 45 Bilateral creditors Principal 167 99 107 109 35 55 59 64 Interest 46 41 47 40 35 33 31 29 Multilateral creditors Principal 25 23 19 18 18 36 36 37 Interest 17 18 18 18 17 17 16 15 Private creditors Principal 0 0 0 0 0 0 0 0 Interest 0 a 0 0 0 0 a a Notes: Commercial bank debt has been revised from 2004. Jl9 COSTA RICA (US$ million, unless otherwise indicated) 1990 1995 2000 TOTAL DEBT STOCKS (EDT) 3,756 3,802 4,456 4,650 4,834 5,421 5,738 6,223 Long-term debt (LDOD) 3,367 3,348 3,500 3,489 3,335 3,795 4,057 4,118 Public and publicly guaranteed 3,063 3.133 3,264 3,273 3,139 3,620 3,779 3,470 Pri vate nonguaranteed 304 214 236 216 196 175 279 648 Use of IMF credit 11 24 0 0 0 0 0 0 Short-tern} debt 377 430 956 1,161 1,499 1,626 1,681 2,105 of which interest arrears on LDOD 77 32 20 20 16 16 II 10 Official creditors 76 28 17 16 16 16 10 10 Pri vate creditors 2 4 3 3 0 0 0 0 Memorandum items Principal arrears on LDOD 173 118 78 75 76 77 54 53 Official creditors 167 114 76 73 74 75 52 51 Pri vate creditors 6 3 2 2 2 2 2 2 TOTAL DEBT FLOWS Disbursements 206 211 508 444 171 945 635 412 Long-tenn debt 206 211 508 444 171 945 635 412 IMF purchases 0 0 0 0 0 0 0 0 Principal repayments 295 399 387 416 390 527 505 385 Long-tenn debt 269 355 387 416 390 527 505 385 IMF repurchases 26 44 0 0 0 0 0 0 Net flows on debt -108 -146 300 234 122 545 190 452 of which short-tenn debt -20 42 179 206 341 128 60 425 Interest payments (INT) 206 251 261 282 280 316 212 223 Long-tenn debt 171 224 205 239 239 254 146 129 IMF charges 3 3 0 0 0 0 0 0 Short-tenn debt 32 23 56 43 41 62 66 94 Net transfers on debt -315 -397 38 -48 -158 229 -21 229 Total debt service paid (TDS) 501 650 648 697 670 844 717 608 Long-tenn debt 440 580 592 654 629 782 651 514 IMF repurchases and charges 29 47 0 0 0 0 0 0 Short-term debt (interest only) 32 23 56 43 41 62 66 94 NET RESOURCE FLOWS 210 223 554 509 462 1,016 954 915 Net flow oflong-term debt (ex. IJ\,1F) -63 -144 121 28 -220 417 130 27 Foreign direct investment (net) 163 337 409 460 659 575 794 861 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop,) 110 30 25 21 22 24 30 26 Memo: technical coop. grants 73 77 23 41 29 29 29 29 NET TRANSFERS -21 -110 -791 -295 -125 118 479 616 Interest on long-term debt 171 224 205 239 239 254 146 129 Profit remittances on FDI 60 109 1,141 566 348 644 330 170 Gross national income (GNI) 7,151 11,497 14,697 15,719 16,236 16,800 17,779 19,401 Exports of goods, servo & inc. (XGS) 2,094 4,713 8,113 7,226 7.531 8,636 9,058 10,350 Worker remit. & compo of employees 12 123 136 198 250 321 319 421 Imports of goods & services (MGS) 2,709 5.089 8,793 7,795 8,329 9.419 9.764 11,179 International reserves (RES) 525 1,060 1,318 1,330 1,502 1,840 1,923 2,314 Current account balance -424 -358 -707 -603 -857 -880 -796 -959 EDT IXGS (%) 179.4 80,7 54,9 64.4 64,2 62,8 63.3 60.1 EDT I GNI(%) 52.5 33.1 30.3 29.6 29,8 32.3 32.3 32.1 TDS/XGS (%) 23.9 13.8 8.0 9.7 8.9 9.8 7.9 5.9 !NT I XGS (%) 9.9 5.3 3.2 3.9 3.7 3.7 2.3 2.2 !NT I GNI (%) 2.9 2,2 1.8 1.8 1.7 1.9 1.2 1.1 RES I EDT (%) 14,0 27.9 29.6 28.6 31.1 33.9 33.5 37.2 RES I MGS (months) 2.3 2.5 1.8 2.0 2.2 2.3 2.4 2.5 Short-term I EDT (%) 10.0 11.3 21.4 25.0 31.0 30.0 29.3 33.8 Concessionall EDT (%) 23,6 24.2 13.1 11.4 10,3 9.4 7,9 6.5 Multilateral I EDT (%) 30.4 35.6 29.1 27.8 26,0 27.0 24.8 18.8 120 COSTA RICA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (I.DOD) 3,367 3,348 3,500 3,489 3,335 3,795 4,057 4,118 Public and publicly guaranteed 3,063 3,133 3,264 3,273 3,139 3,620 3,779 3,470 Official creditors 2,359 2,492 1,909 L718 1,624 1,820 1,727 1,433 Multilateral 1,141 1,352 1,295 1,294 1,256 1,466 1,423 l,l67 Conccssional 246 199 182 187 197 214 199 181 Bilateral 1,218 1,139 615 424 368 354 304 266 Concessional 642 721 399 344 301 296 257 225 Private creditors 704 642 1,355 1,555 1,515 1,800 2,051 2,037 of which: Bonds 609 572 1,292 1,500 1,456 1,661 1,910 1,878 Commercial banks 41 33 36 28 34 116 120 138 Private nonguaranteed 304 214 236 216 196 175 279 648 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 304 214 236 216 196 175 279 648 Memo: lBRD 409 300 121 102 91 80 71 59 IDA 3 3 2 2 1 1 1 1 Public sector LDOD 3,059 3,131 3,263 3,272 3,138 3,619 3,779 3,470 Private sector LDOD 308 216 237 217 197 176 279 648 DISBURSEMENTS 206 211 508 444 171 945 635 412 Public and publicly guaranteed 201 201 499 444 171 945 511 122 Official creditors 170 190 249 194 155 379 185 71 Multilateral 89 172 130 181 145 358 185 65 Concessional 13 6 10 18 23 80 2 7 Bilateral 81 18 118 13 10 21 0 6 Concessional 76 12 10 13 10 4 0 6 Private creditors 31 11 250 250 15 565 326 51 of which: Bonds 0 0 250 250 0 450 310 0 Commercial banks 30 11 0 0 15 115 16 51 Private nonguaranteed 5 10 9 0 0 0 124 290 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 5 10 9 0 0 0 124 290 Memo: lBRD 5 16 6 8 12 7 8 5 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 269 355 387 416 390 527 505 385 Public and publicly guaranteed 263 331 370 396 370 507 484 364 Official creditors 92 321 328 342 315 225 202 298 Multilateral 79 176 149 151 234 155 167 270 Concessional 10 14 15 14 12 16 15 21 Bilateral 14 145 179 191 81 70 35 28 Concessional 3 44 61 57 68 43 25 23 Private creditors 171 10 42 54 55 282 282 65 of which: Bonds 42 4 30 42 44 246 261 32 Commercial banks 124 2 9 9 10 35 20 32 Private nonguaranteed 6 24 17 20 20 21 21 21 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 6 24 17 20 20 21 21 21 Memo: IBRD 45 55 33 27 23 18 17 17 IDA 0 0 0 0 0 0 0 0 I~lEREST PAYMENTS (LINT) 171 224 205 239 239 254 146 129 Public and publicly guaranteed 169 204 189 224 226 244 136 120 Official creditors 104 162 102 100 95 88 68 63 Multilateral 77 95 82 83 83 77 62 57 Concessional 5 5 3 3 5 6 5 4 Bilateral 27 67 20 17 12 II 6 5 Concessional 9 30 14 12 11 10 6 5 Private creditors 65 42 87 124 131 156 68 57 of which: Bonds 24 37 80 116 123 147 62 53 Commercial banks 36 0 4 4 5 4 5 4 Private nonguaranteed 2 21 16 14 12 11 10 9 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 2 21 16 14 12 11 10 9 Memo: IBRD 33 27 12 10 8 6 4 3 IDA 0 0 0 0 0 0 0 0 121 COSTA RICA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 cO~~tiiONijl?PtiBLtt: AND'uBtIC~tGU~EDD~nT(pEae~ . Euro 1.5 1.7 1.6 1.5 1.3 Japanese yen 3.0 8.1 4.5 3.7 3.8 3.4 3.0 2.7 Pound sterling 0.2 0.1 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 58.2 49.4 67.6 71A 69.9 72.6 74.1 79.0 7. Dl!;BT ltESTllVeTURlN,GS Total amount rescheduled 641 0 0 0 0 0 0 I Debt stock rescheduled 469 0 () 0 0 0 0 () Principal rescheduled 20 0 0 0 () 0 () 0 Official 19 0 () 0 0 0 0 0 Private () () () 0 0 0 0 () In terest resc heduled 151 0 0 () 0 0 0 0 Official 10 0 0 0 () 0 () 0 Private 141 () 0 0 0 () 0 () Debt forgiven () 3 () 0 0 0 0 0 Memo: interest forgiven 187 () 0 0 0 () 0 0 Debt stock reduction 668 0 () 0 0 0 () 0 of which debt buyback 0 0 0 0 0 0 0 0 8. DEBT STOCK-FLOW·tmcONCILl".TlQN " Total change in debt stocks -834 -107 240 194 184 588 317 485 Net flows on debt -108 -146 300 234 122 545 19() 452 Cross-currency valuation 52 24 -29 -63 57 66 29 -38 ,. AVJi:RAGE TERMS OFNEWCOMM,tTMŁNts ALL CREDITORS Interest (%) 6.9 2.6 7.9 7.2 5.6 6.3 6.4 4.1 Maturity (years) 15.4 7.2 11.3 12.0 22.2 9.4 8.7 22.1 Grace period (years) 4.4 1.2 9.9 6,1 2.1 5.0 7.8 5.0 Grant element (%) 18.2 16.8 3.5 14.0 26.8 14.6 [8.6 40.0 Official creditors Interest (%) 6.4 2.2 6.3 5.9 5.5 5.6 6.3 4.1 Maturity (years) 17.6 7.3 4.3 17.2 26.6 12.5 5.7 22.1 Grace period (years) 5.0 1.2 1.8 2.0 2.1 2.9 2.7 5.0 Grant element (%) 21.1 17.4 6.2 22.5 30.2 17.7 11.4 40.0 Private creditors Interest (%) 9.5 6.9 10.0 7.7 5.9 6.7 6.5 0.0 Maturity (years) 3.2 6.0 20.4 10.3 12.3 7.8 10.1 0.0 Grace period (years) 1.1 1.5 20A 7A 2.3 6.1 10.1 0.0 Grant element (%) 2.2 8.6 0.0 ILl 19.1 13.0 21.9 0.0 {:'::~0r:'j'- ,_n ·;· ...··l,q.~lN)'.~~t\J.OBUG-ATlQN$·()N~ANl»NGLQN~~DJ!:IJT .· 2006 2007 2008 2009 2010 2011 2012 2013 TOTAL Principal 422 409 547 658 307 531 151 596 Interest 243 232 214 183 158 139 119 93 Official creditors Principal 256 245 186 197 158 144 134 130 Interest 70 63 57 51 45 40 34 28 Bilateral creditors Principal 37 33 31 30 28 22 16 16 Interest 7 6 5 4 3 3 2 1 Multilateral creditors Principal 219 212 155 167 130 122 118 114 Interest 64 57 52 47 42 37 32 26 Private creditors Principal 166 164 361 461 149 387 17 467 Interest 172 169 157 131 113 99 85 65 Notes: Long-term private nonguaranteed debt data are World Bank staff estimates. 122 COTE D'IVOIRE (US$ million, unless otherwise indicated) 1995 2000 2001 1,s~ttr':QJtJJ;tJ).:tA:;··· TOTAL DEBT STOCKS (EDT) 17,251 18,899 12,138 11,618 11,791 12,187 11,739 10,735 Long·term debt (LDOD) 13.223 14,562 10,546 9,975 10,369 10,844 10,837 9,854 Public and publicly guaranteed 10,665 11.902 9,063 8,603 9,110 9,700 9,828 9,007 Pri vate non guaranteed 2.558 2,660 1,482 1,372 1,259 LI44 1.010 847 Use of IMF credit 431 427 549 464 491 425 311 198 Short·term debt 3,597 3,910 1,043 1,179 932 917 591 683 of which interest arrears on LDOD 819 1,020 79 376 267 359 483 683 Official creditors 66 34 70 216 60 115 198 344 Private creditors 753 986 8 160 207 245 285 339 Memorandum items Principal arrears on LDOD 1,727 2,686 169 466 284 375 633 866 Official creditors 16 32 125 375 179 222 434 668 Private creditors 1.710 2,655 44 91 105 152 200 198 TOTAL DEBT FLOWS Disbursements 1,172 924 148 12 299 57 40 1 Long-tenn debt 1.019 743 J48 12 223 57 40 1 lMF purchases Principal repayments Long-tenn debt 153 621 498 18J 625 539 0 481 442 369 302 ° 76 522 436 430 325 ° ° 443 316 ° 374 283 lMF repurchases 123 86 39 67 86 105 127 91 Net flows on debt 1,189 935 ·617 ·518 ·362 -480 ·853 481 of which short-tenn debt 639 636 -283 -161 -139 -106 -450 -108 Interest payments (lNT) 641 421 539 252 309 142 100 90 Long-tenn debt 443 390 462 215 280 121 88 86 IMFcharges 31 8 3 3 3 2 2 1 Short-term debt 167 23 74 34 26 18 10 3 Net transfers on debt 548 514 .1,156 ·770 ·671 -622 -953 ·571 Total debt service paid (TDS) 1,262 1,046 1.020 621 831 572 543 464 Long-tenn debt 941 929 904 518 716 447 404 369 lMF repurchases and charges 155 94 42 69 89 107 129 92 Short-telm debt (interest only) 167 23 74 34 26 18 10 3 . .·ii" ->.__ : _". ° f__ >_ t,-<- ,C" -._._, A'>___ .': '_A> - '._ '- ___ '':-. ,< - _ --;._'-'_".' '; -'", "' - ,'.,-, <,_,--._. ,'.,,'> -:', .>',.'.-'.< ,".>-- NET RESOURCE FLOWS 856 871 180 200 676 197 218 181 Net flow of long-telm debt (ex, lMF) 521 204 -294 -291 -213 -269 -276 -282 Foreign direct investment (net) 48 211 235 273 213 165 283 266 Portfolio equity flows 0 1 I 2 4 16 -5 35 Grants (excluding technical coop.) 287 454 238 216 673 284 216 162 Memo: technical coop. grants 129 123 72 69 77 76 78 77 NET TRANSl"ERS 338 278 -566 -285 113 ·259 ·234 95 Interest on long-tenn debt 443 390 462 215 280 121 88 86 204 284 270 284 335 364 Profit remittances on FDI 75 ° Gross national income (GNI) 9,209 10,013 9,723 9,920 10,802 13,016 14,762 15,614 Exports of goods, servo & inc. (XGS) 3,561 4,526 4.512 4,661 6,001 6,622 7,873 8,482 Worker remit. & comp. of employees 44 151 119 116 120 142 159 160 Imports of goods & services (~GS) 4,594 4,782 4,423 4,412 4,771 5,841 7,165 8,029 International reserves (RES) 21 529 668 1,019 1,863 1,304 1,694 1.322 Current account balance -1,214 -492 -241 -61 768 294 241 -12 EDT/XGS (%) 484.5 417,5 269.0 249.3 196.5 184.0 149.1 126.6 EDT I GNI (%) 187.3 188.7 124.8 117.1 109.2 93.6 79,5 68,7 TDS I XGS (90) 35.4 23.1 22,6 13.3 13.9 8,6 6.9 5.5 tNT I XGS (%) 18.0 9.3 11.9 SA 5.1 2.1 1.3 L1 Il'IT!GNI(%) 7.0 4.2 5.5 2,5 2.9 l.l 0.7 0.6 RES I EDT(%) 0.1 2.8 5,5 8,8 15.8 10.7 14.4 12.3 RES I MGS (months) 0.1 1.3 1.8 2,8 4.7 2.7 2.8 2,0 Short-tenn I EDT (%) 20,8 20.7 8,6 10.1 7.9 7.5 5,0 6.4 Concessional/ EDT (%) 17,9 24.1 34.0 33.4 38.4 40.9 43.7 43.0 Multilateral! EDT (%) 20,8 20.6 24.4 23,7 25.8 27.0 29.4 29.1 123 COTE D'IVOIRE (US$ million, unless otherwise indicated) 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTAl\;'DING (LDOD) 13,223 14,562 10,546 9,975 10,369 10,844 10,837 9,854 Public and publicly guaranteed 10,665 11,902 9,063 8,603 9,110 9,700 9,828 9,007 Official creditors 7,686 9,217 6,669 6,211 6,752 7,341 7,467 6,648 Multilateral 3,585 3,900 2,958 2,758 3,040 3,289 3,449 3,120 Concessional 1,149 1,286 1,676 1,622 1,973 2,146 2,281 2,090 Bilateral 4,101 5,317 3,711 3,453 3,712 4,052 4,018 3,528 Concessional 1,946 3,277 2,450 2,257 2,553 2,841 2,853 2,521 Private creditors 2,980 2,685 2.394 2,392 2,358 2,359 2,360 2,359 of which: Bonds 0 0 2,343 2,343 2.343 2,343 2,343 2,343 Commercial banks 2,640 2,630 14 14 0 I 1 I Private nonguaranteed 2,558 2,660 1,482 1,372 1,259 1,144 1,010 847 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 2,558 2,660 1,482 1.372 1,259 1,144 1,010 847 Memo: IBRD 1,913 1,573 599 499 479 481 479 423 IDA 7 813 1,366 1.318 1,589 1,786 1,904 1,763 Public sector LDOD 10,663 11,901 9,063 8,603 9,110 9,700 9,828 9,007 Private sector WOD 2,560 2,661 1,482 1,372 1,259 1.144 1,010 847 DISBURSEMENTS 1,019 743 148 12 223 57 40 1 Public and publicly guaranteed 769 670 148 12 223 57 40 1 Official creditors 758 669 148 12 223 57 40 1 Multilateral 460 340 148 12 223 57 40 1 Concessional 21 239 131 10 211 55 39 0 Bilateral 298 329 0 0 0 0 0 0 Concessional 283 309 0 0 0 0 0 0 Pri vale creditors 11 1 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 2 1 0 0 0 0 0 0 Private nonguaranteed 250 73 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and otber 250 73 0 0 0 0 0 0 Memo: IBRD 261 19 0 0 0 0 0 0 IDA 0 226 76 5 174 52 38 0 PRINCIPAL REP AYMENTS 498 539 442 302 436 325 316 283 Public and publicly guaranteed 319 514 329 192 322 210 182 120 Official creditors 247 479 283 192 322 210 182 120 Multilateral 230 286 143 106 229 99 57 16 Concessional 70 46 34 3 16 12 11 6 Bilateral 16 193 140 86 93 III 125 104 Concessional 5 19 97 67 79 98 115 76 Private creditors 72 36 46 0 1 0 0 0 of which: Bonds I 0 46 0 0 0 0 0 Commercial banks 25 5 0 0 0 0 0 0 Private nonguaranteed 179 25 113 110 114 115 134 163 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 179 25 113 110 114 115 134 163 Memo: IBRD 125 199 57 72 90 82 38 0 IDA 0 0 0 0 13 8 5 0 INTEREST PAYMENTS (LINT) 443 390 462 215 280 121 88 86 Public and publicly guaranteed 205 257 342 113 184 92 65 44 Official creditors 187 252 189 113 184 92 65 44 Multilateral 176 172 78 70 144 47 22 4 Concessional 3 7 11 9 19 13 8 2 Bilateral 12 81 III 44 40 46 43 40 Concessional 2 40 47 38 36 43 41 22 Pri vale creditors 18 5 153 0 0 0 0 0 of which: Bonds 0 0 153 0 0 0 0 0 Commercial banks 7 1 0 0 0 0 0 0 Private nonguaranteed 237 133 120 102 96 29 23 42 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 237 133 120 102 96 29 23 42 Memo: IBRD 141 135 32 38 49 31 II 0 IDA 0 5 8 8 15 11 6 0 124 COTE D'IVOIRE (US$ million. unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 33.0 31.5 31.8 29.8 27.3 Japanese yen 0.9 lA IA 1.3 1.2 1.2 1.2 1.1 Pound sterling 1.3 0.9 0.6 0.5 OA OA 0.3 0.3 Swiss franc 2.3 0.5 0.2 0.2 0.1 0.1 0.1 0.1 U.S.dollars 15.5 22.0 53.7 54.6 56.8 56.9 58.7 61.6 Total amount rescheduled 930 381 72 40 325 197 182 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 590 192 45 28 173 107 110 0 Official 407 189 44 28 165 107 110 0 Private 183 4 0 0 7 0 0 0 Interest rescheduled 286 131 24 11 153 91 72 0 Official 257 129 24 II 151 91 72 0 Private 29 1 0 0 1 0 0 0 Debt forgiven 50 292 22 12 323 185 184 0 Memo: interest forgiven 0 30 7 2 140 79 41 0 Debt stock reduction 0 a 0 0 a 0 0 0 of which debt 0 0 0 0 a a 0 ° Total change in debt stocks 2,430 1.503 -1,032 -520 173 395 -447 -1,005 Net flows on debt 1,189 935 -617 -518 -362 -480 -853 -481 valuation 829 17 -468 -278 814 940 397 -671 ALL CREDITORS Interest (%) 5.9 1.9 0.8 0.0 0.8 0.0 0.0 0.0 Maturity (years) 20.0 29.8 46.2 0.0 42.6 0.0 0.0 0.0 Grace period (years) 6.3 8.5 9.6 0.0 9.9 0.0 0.0 0.0 Grant element (%) 27.5 63.7 81.7 0.0 81.0 0.0 0.0 0.0 Official creditors Interest (%) 5.9 1.9 0.8 0.0 0.8 0.0 0.0 0.0 Maturity (years) 20.0 29.8 46.2 0.0 42.6 0.0 0.0 0.0 Grace period (years) 6.3 8.5 9.6 0.0 9.9 0.0 0.0 0.0 Grant element (%) 27.5 63.9 81.7 0.0 81.0 0.0 0.0 0.0 Private creditors Interest (%) 0.0 14.5 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 0.0 19.6 0.0 0.0 0.0 0.0 0.0 0.0 Grace period (years) 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0 Grant element 0.0 -27.0 0.0 0.0 0.0 0.0 0.0 0.0 2006 2007 2008 2009 2010 2011 TOTAL Principal 902 835 785 697 602 565 546 466 Interest 377 331 290 252 220 193 167 143 Official creditors Principal 585 484 466 409 330 308 290 273 Interest 240 207 181 158 139 124 110 98 Bilateral creditors Principal 273 236 243 228 213 212 203 202 Interest 160 146 136 125 ll5 105 94 84 Multilateral creditors Principal 312 248 222 182 I17 96 87 70 Interest 80 60 45 33 24 19 16 14 Private creditors Principal 316 351 319 288 272 256 256 194 Interest 138 124 109 94 81 69 57 45 Notes: Data on long-term public and publicly guaranteed debt and on private nonguaranteed debt for 2005 are World Bank staff estimates. 125 CROATIA (US$ million. unless olher..../ise indicated) 1995 2000 2001 l;~Y J)EBfJ)Al'~ TOTAl, DEBT STOCKS (EDT) 3,830 12,438 12,663 16,682 25,736 32,915 30.169 Long-term debt (LDOD) 3.117 1l,338 11,970 16,021 23,600 29,266 25,848 Public and publicly guaranteed 1,860 6,11 J 6,424 7,679 10,062 11,596 9,782 Private non guaranteed 1,257 5,227 5.545 8,342 13,538 17,670 16,066 Use of IMF credit 221 158 122 0 0 0 0 Short-term debt 492 942 571 661 2,136 3,649 4,321 of which interest arrears on LDOD 71 45 62 67 101 86 86 Official creditors I 3 4 2 6 3 3 Private creditors 70 42 58 65 96 83 83 Memorandum items Principal arrears on LDOD 547 209 470 489 674 595 624 Official creditors I 1 9 0 8 3 1 Private creditors 546 208 461 488 666 592 623 TOTAL DEBT FLOWS Disbursements 618 3,357 4,111 4,990 9,162 7,763 5,657 Long-term debt 519 3,357 4,111 4,990 9,162 7,763 5,657 IMF purchases 99 0 0 0 0 0 0 Principal repayments 240 2,442 3,269 3,268 3,495 4,089 4,033 Long-term debt 234 2,4J3 3,239 3,142 3,495 4,089 4,033 IMF repurchases 6 29 31 126 0 0 0 Net flows on debt 627 1,164 454 1,807 7,082 5,202 2,296 of which short -term debt 249 249 -388 85 1,415 1,528 672 Interest payments (lNT) 126 598 826 747 825 1,091 887 Long-term debt 98 566 791 734 813 1.072 869 IMF charges 10 9 7 3 0 0 0 Short-term debt 18 23 28 10 12 19 17 Net transfers on debt 502 566 -372 1,060 6,257 4,111 1,409 Total debt service paid (TDS) 366 3,040 4,095 4,015 4,321 5,180 4,920 Long-tenn debt 332 2,979 4,029 3,876 4,309 5,161 4,903 IMF repurchases and charges 16 38 38 129 0 0 0 Short-term debt (interest only) 18 23 28 10 12 19 17 1:·1lcm~GA~~lUĄSO~·~W$~~11~!~J~$~~,(L()lIi~~ NET RESOURCE FLOWS 434 2,077 2,288 3,071 7,802 5,139 3,580 Net flow of long-tern1 debt (ex, IMF) 285 944 873 1,848 5,666 3,674 1,624 Foreign direct investment (net) 114 1,087 1,334 1,124 2,056 1.225 1,761 Portfolio equity flows 5 0 14 36 16 178 113 Grants (excluding technical coop,) 31 46 67 62 63 63 82 Memo: technical coop. grants 21 31 43 61 73 77 52 NET TRANSFERS 330 1,360 1,165 1,988 5,979 3,328 1,658 Interest on long-term debt 98 566 791 734 813 1,072 869 Pront remittances on FDI 6 151 333 349 1,010 740 1,053 ~,MAJQR E(;ONOMlC~RE(7A1'ES~ Gross national income (GNI) 18,782 18,030 19,318 22,521 28,391 34,478 37,271 Exports of goods, servo & inc, (XGS) 7,465 9,529 10,652 11,699 16,180 19,248 20,546 Worker remit. & compo of employees 544 641 747 885 1,085 1,221 1,222 Imports of goods & services (MGS) 9,354 10,333 11,776 14,026 18,932 21,724 23,762 International rcserves (RES) 1,896 3,524 4,703 5,885 8,191 8,758 8,800 Current account balance -1,592 -458 -724 -1,914 -2,142 -1,842 -2,585 4. DEBT INfJI(;,A'tORs EDT/XGS ('Yo) 51.3 130.5 118.9 142.6 159,1 171.0 146,8 EDT IGNI (%) 20.4 69.0 65.6 74.1 90.6 95.5 80.9 TDS I XGS (%) 4,9 31.9 38.4 34,3 26,7 26.9 23,9 Th.! I XGS (%) 1.7 6.3 7.8 6.4 5.1 5.7 4,3 TNT I GNI(%) 0,7 3.3 4,3 3.3 2,9 3,2 2A RES I EDT (%) 49.5 28.3 37.1 35.3 31.8 26,6 29,2 RES I MGS (months) 2.4 4,1 4,8 5.0 5.2 4.8 4.4 Short-ternll EDT (0/0) 12.8 7,6 4.5 4.0 8.3 11.1 14.3 Concessional! EDT ('Yo) 8.9 2,5 2,5 2.3 2.2 1.9 1.9 Multilateral I EDT ('Yo) 7,9 4,8 ),2 5,5 5.4 4,8 5.0 126 CROATIA (US$ million, unless otherwise indicated) 2000 2001 DEBT OUTSTANDING (LDOD) 3,117 11,338 11,970 16,021 23,600 29,266 25,848 Public and publicly guaranteed 1,860 6,111 6,424 7,679 10,062 11,596 9,782 Official creditors 1.563 1,455 1,451 1,748 2,272 2,455 2,189 Multilateral 304 593 654 911 1,393 1578 1,521 Concessiona1 11 76 90 134 289 299 295 Bilateral 1,259 862 797 837 878 877 668 Concessional 330 239 232 250 285 336 271 Pri vate creditors 297 4,656 4,974 5,932 7,790 9,141 7,593 of which: Bonds 0 3,136 3,772 4,179 5,315 6,559 5,065 Commercial banks 193 1,245 909 1,459 2,233 2,362 2,240 Private nonguaranteed 1,257 5,227 5,545 8,342 13,538 17,670 16,066 Bonds 0 0 0 0 0 0 0 Commercial banks and other 1,257 5,227 5,545 8,342 13,538 17,670 16,066 Memo: lBRO 117 395 427 588 777 856 798 IDA 0 0 0 0 0 0 0 Public sector LOOO 1,275 5.394 5,749 6,997 9,419 11,054 9,364 Private sector LOOO 1,842 5,945 6,221 9,024 14,181 18,213 16,484 DISBURSEMEi'iIS 519 3,357 4,111 4,990 9,162 7,763 5,657 Public and publicly guaranteed 203 1,513 1,413 1,667 2,016 1,938 827 Official creditors 72 219 133 259 460 251 250 Multilateral 60 83 100 217 400 190 242 Concessional 0 9 11 23 120 3 52 Bilateral 12 136 33 42 60 62 7 Concessional 6 17 14 9 25 62 7 Private creditors 131 1,293 1,280 1,408 1,556 1,686 578 of which: Bonds 0 833 1,024 672 781 1,245 0 Commercial banks 100 307 181 675 733 418 448 Private nonguaranteed 315 1,844 2,698 3,323 7,146 5,826 4,830 Bonds 0 0 0 0 0 0 0 Commercial banks and other 315 \,844 2,698 3,323 7,146 5,826 4,830 Memo: lBRO 50 55 75 135 160 98 81 IDA 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 234 2,413 3,239 3,142 3,495 4,089 4,033 Public and publicly guaranteed 73 696 924 1,181 808 1,158 1,440 Official creditors 52 149 115 149 185 235 269 Multilateral 52 44 36 60 73 103 133 Concessional 12 0 0 0 0 15 14 Bilateral 0 105 79 89 lI2 132 136 Concessional 0 IS 17 17 24 33 38 Private creditors 21 547 810 1.032 622 923 1,171 of which: Bonds 0 129 234 699 302 392 785 Commercial banks 0 378 491 249 201 471 329 Private nonguaranteed 161 1,717 2,314 1,961 2,688 2,931 2,593 Bonds 0 0 0 0 0 0 0 Commercial banks and other 161 1,717 2,314 1,961 2,688 2,931 2,593 Memo: lBRO 20 22 18 30 47 62 70 IDA 0 0 0 0 0 0 0 INTEREST PAYMENTS (UNT) 98 566 791 734 813 1,072 869 Public and publicly guaranteed 32 393 422 378 415 426 486 Official creditors 27 78 81 76 78 82 90 Multilateral 25 32 31 38 42 49 56 Concessional 1 3 2 5 7 13 13 Bilateral 2 46 50 38 36 34 34 Concessional 0 9 II 7 7 8 9 Private creditors 5 316 341 302 337 343 396 of which: Bonds 0 223 251 235 259 259 305 Commercial banks 0 79 76 55 67 78 85 Private nonguaranteed 66 173 368 356 398 646 384 Bonds 0 0 0 0 0 0 0 Commercial banks and other 66 173 368 356 398 646 384 Memo: lBRD 7 19 19 25 24 21 26 IDA 0 0 0 0 0 () 0 127 CROATIA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 47.4 56.2 61.3 67.0 65.8 Japanese yen 3.7 9.6 10.9 10.1 10.9 9.7 10.1 Pound sterling 3.3 0.6 0.5 0.4 0.4 0.3 0.3 Swiss franc 2.7 2.0 1.8 1.8 1.4 1.1 1.0 U.S.doJlars 30.2 40.8 35.5 28.2 23.5 19.8 20.8 1.l)··'f_Tj;U~tooNG$ · Total amount rescheduled 1.065 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 Principal rescheduled 781 0 0 0 0 0 0 Official 719 0 0 0 0 0 0 Private 62 0 0 0 0 0 0 Interest rescheduled 70 0 0 0 0 0 0 Official 43 0 0 0 0 0 0 Private 27 0 0 0 0 0 0 Debt forgiven 0 0 0 I 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 of which debt buyback 0 0 0 0 0 0 0 ,. '. ······;,,~~$'l'~~FJ,(}W~(j~1A'U()lN'· Total change in debt stocks 1,776 1,028 225 4,019 9,054 7,179 -2,746 Net flows on debt 627 1,164 454 1,807 7,082 5,202 2.296 29 -206 -214 662 978 523 -1,180 ··'~4~tflf.'.l':tJ;i.W$~~W·iC()MMn'~··· ., ALI. CREDITORS Interest (%) 4.6 5.8 5.2 4.7 3.1 4.5 2.2 Maturity (years) 8.6 6.3 9.4 8.1 9.2 8.2 8.8 Grace period (years) 2.6 4.7 6.3 4.9 4.1 7.9 4.6 Grant element (% ) 13.3 17.8 23.4 22.5 29.4 28.1 33.6 Official creditors Interest (%) 6.1 6.4 4.0 4.1 3.4 2.9 2.4 Maturity (years) 13.7 12.5 14.5 15.9 15.1 13.8 14.3 Grace period (years) 3.9 5.7 4.7 5.2 4.1 4.7 6.9 Grant element (%) 17.9 19.5 34.5 35.7 36.8 40.2 47.0 Private creditors Interest (%) 2.7 5.8 5.5 4.8 3.0 4.6 2.1 Maturity (years) 2.4 5.9 7.9 7.0 7.2 8.0 4.8 Grace period (years) 1.2 4.6 6.8 4.8 4.1 8.0 3.1 Grant element (%) 7.8 17.7 20.0 20.6 26.9 27.6 23.8 ,<,i;,;,'_~ _ _,;- " ·····~'O,˘Ql'i~~.1\~pm~.no~.Ql%!~m~tr;G·~~~D*"~$'J\c . . . . . 2006 2007 2008 2009 2010 2011 TOTAL Principal 4,986 4,415 3,889 4,005 3,041 2,524 826 611 Interest 885 758 641 536 399 264 178 172 Official creditors Principal 289 329 348 361 244 255 209 185 Interest 102 97 87 75 62 53 44 36 Bilateral creditors Principal 136 143 134 140 27 17 13 13 Interest 28 21 14 8 2 I I 0 Multilateral creditors Principal 154 186 214 221 218 239 195 171 Interest 74 75 73 67 59 52 43 36 Private creditors Principal 4,697 4,085 3,541 3,644 2,796 2,269 617 427 Interest 783 662 553 462 337 211 134 136 Notes: Short term debt is based on reports provided by the country. Croatia became a member of the World Bank in 1993. 128 DJIBOUTI (US$ million, unless otherwise indicated) 1995 2000 2001 2002 2003 2004 2005 TOTAL DEBT STOCKS (EDT) 205.3 281.8 262.2 262.7 335.3 396.1 428.2 424,2 Long-term debt (LDOD) 155.2 268.9 237.9 235.7 305.2 366.5 393.7 389.0 Public and publicly guaranteed 155.2 268.9 237.9 235.7 305.2 366.5 393.7 389.0 Pri vate non guaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Use of IMF credit 0.0 0.0 13.4 15.5 20.5 20.4 21.2 18.7 Short-term debt 50.1 12.9 10.9 11.5 9.6 9.2 13.4 16.5 of which interest arrears on LDOD 0.1 3.5 6.9 7.4 6.2 8.3 8.7 8.6 Oftlcial creditors 0.1 3.5 6.9 7.4 5.6 7.6 8.0 7.8 Private creditors 0.0 0.0 0.0 0.0 0.6 0.7 0.7 0.7 Memorandum items Principal arrears on LDOD 1.2 \3.1 24.4 26.8 7.7 16.8 20.3 24.3 Official creditors 1.2 13.1 24.4 26.8 5.7 14.3 17.4 21.2 Pri vate creditors 0.0 0.0 0.0 0.0 2.0 2.5 2.9 3.1 TOTAL DEBT FLOWS Disbursements 27.0 18.4 11.3 16.9 36.8 30.4 25.9 34.7 Long-term debt 27.0 18.4 7.7 12.2 30.9 30.4 25.9 34.7 IMF purchases 0.0 0.0 3.6 4.6 5.9 0.0 0.0 0.0 Principal repayments 8.9 9.2 10.7 8.9 9.5 12.3 13.3 14.2 Long-term debt 8.9 9.2 8.4 6.8 7.2 10.5 13.1 13.3 IMF repurchases 0.0 0.0 2.3 2.0 2.3 1.8 0.2 0.8 :Ket flows on debt 20.8 13.2 -2.2 8.0 26.6 15.5 16.5 23.7 of which short-term debt 2.8 3.9 -2.9 0.1 -0.6 -2.6 3.8 3.2 Interest payments (INT) 6.0 2.5 2.8 1.7 2.5 3.3 4.4 4.1 Long-term debt 2.1 2.0 2.2 1.3 2.2 3.1 4.2 3.8 IMF charges 0.0 0.0 0.4 0.3 0.2 0.1 0.1 0.1 Short-term debt 3.9 0.5 0.2 0.2 0.1 0.0 0.2 0.2 Net transfers on debt 14.8 10.7 -5.1 6.3 24.1 12.2 12.0 19.7 Total debt service paid (TDS) 14.9 11.6 13.5 10.6 12.1 15.6 17.7 18.2 Long-term debt 11.0 11.1 10.6 8.1 9.4 13.6 17.3 17.1 IMF repurchases and charges 0.0 0.0 2.7 2.3 2.5 2.0 0.3 0.9 Shmt-term debt (interest only) 3.9 0.5 0.2 0.2 0.1 0.0 0.2 0.2 NET RESOURCE FLOWS 148.8 61.3 30.5 27.6 55.7 60.1 81.6 83.9 Net flow of long-term debt (ex. IMF) 18.0 9.2 -0.7 5.4 23.7 19.9 12.8 21.3 Foreign direct investment (net) 0.0 3.2 3.3 3.4 3.5 14.2 38.5 22.6 Portfolio equity flows 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grants (excluding technical coop.) 130.7 48.8 27.9 18.8 28.6 26.0 30.3 40.0 Memo: technical coop. grants 43.8 45.7 23.6 25.1 23.7 27.6 29.5 32.0 NET TRANSFERS 146.7 54.7 28.3 26.3 53.5 57.0 77.4 80.2 Interest on long-tenn debt 2.1 2.0 2.2 1.3 2.2 3.1 4.2 3.8 Profit remittances on FDI 0.0 4.6 0.0 0.0 0.0 0.0 0.0 0.0 Gross national income (GNI) 515.0 567.0 584.9 606.4 674.3 730.8 776.0 Exports of goods, servo & inc. (XGS) 211.8 Worker remit. & compo of employees 0.0 12.0 0.0 0.0 0.0 0.0 0.0 0.0 Imports of goods & services (MGS) 300.8 International reserves (RES) 93.6 72.2 67.8 70.3 73.7 100.1 93.9 89.3 Current account balance -23.0 EDT/XGS (%) 133.0 EDT I GNl (%) 54.7 46.2 44.9 55.3 58.7 58.6 54.7 TDS! XGS (%) 5.5 INT I XGS (%) 1.2 INT I GNl(%) 0.5 0.5 0.3 0.4 0.5 0.6 0.5 RES IEDT (%) 45.6 25.6 25.9 26.8 22.0 25.3 21.9 21.0 RES I MGS (months) 2.9 Short-term! EDT (%) 24.4 4.6 4.2 4.4 2.9 2.3 3.1 3.9 Concessionall EDT (%) 74.0 94.8 90.5 89.3 87.8 89.3 89.1 89.2 Multilateral! EDT (%) 41.9 48.4 52.8 54.7 58.7 61.8 64.0 65.3 129 DJIBOUTI (US$ million, unless otherwise indicated) 2000 DEBT OUTSTANDING (LDOD) 155.2 268.9 237.9 235.7 305.2 366.5 393.7 389.0 Public and publicly guaranteed 155.2 268.9 237.9 235.7 305.2 366.5 393.7 389.0 Official creditors 155,2 268.9 237.9 235.7 299.7 360.9 388.1 383.5 Multilateral 86,1 136.4 138.3 143.8 197.0 244.7 274.2 276.8 Concessional 83.0 134.7 137.7 142.7 193.7 238.5 268.7 272.5 Bilateral 69.2 132.5 99.6 91.9 102.7 116.2 113.9 106.7 Concessional 68.9 132.4 99.6 91.9 100,9 115.1 113.0 106.1 Private creditors 0.0 0.0 0.0 0.0 5.6 5.6 5.6 5.6 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 5.6 5.6 5.6 5.6 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0,0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0,0 0.0 0.0 0.0 0.0 0.0 IDA 31.1 46.2 49.9 56.1 78.5 112.1 126.4 120.3 Public sector LDOD 155.2 268.9 237.9 235.7 305.2 366.5 393.7 389.0 Private sector LDOD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 DISBURSEMENTS 27.0 18.4 7.7 12.2 30.9 30.4 25.9 34.7 Public and publicly guaranteed 27.0 18.4 7.7 12.2 30.9 30.4 25.9 34.7 Official creditors 27.0 18.4 7.7 12.2 30.9 30.4 25.9 34.7 Multilateral 8.9 10.0 7.7 12.2 26.6 27.8 24.8 25.4 Concessional 8.9 10.0 7.7 11.7 25.2 27.8 24.8 25.4 Bilateral 18.0 8.4 0,0 0.0 4.3 2.6 1.2 9.3 Concessional 18.0 8.4 0.0 0.0 2.5 2.6 1.2 9.3 Pri vate creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0,0 0,0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0,0 0,0 0,0 0,0 0.0 0.0 0.0 0.0 Memo: JBRD 0.0 0.0 0.0 0.0 0.0 0.0 0,0 0,0 IDA 2.5 2,8 3,9 8,9 17.7 25.8 9.8 4.7 PRINCIPAL REPAYMENTS 8.9 9.2 8.4 6.8 7.2 10.5 13.1 13.3 Public and publicly guaranteed 8.9 9.2 8.4 6.8 7.2 10.5 13.1 13.3 Official creditors 8.3 9.2 8.4 6,8 7.2 10,5 13.1 13.3 Multilateral 3,5 4.4 4,0 1.6 2.7 3.4 5,1 4,5 Concessional 3.3 4.1 4.0 1.6 2,2 3.1 4.2 3.8 Bilateral 4.8 4.8 4.4 5,2 4.5 7.0 8.0 8,8 Concessional 4,7 4,7 4.4 5.2 4.5 6,7 7.7 8.5 Pri vate creditors 0,6 0.0 0,0 0,0 0,0 0.0 0,0 OJ) of which: Bonds 0,0 0.0 0,0 0.0 0.0 0.0 0,0 0,0 Commercial banks 0.4 0,0 0.0 0.0 0.0 0,0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0,0 0,0 0.0 0.0 0.0 0,0 0.0 0.0 Commercial banks and other 0,0 0,0 0,0 0.0 0.0 0.0 0.0 0.0 Memo: JBRD 0.0 0.0 0.0 0.0 0,0 0.0 0.0 0.0 IDA 0.0 0.3 0.5 0,6 0.6 0.9 1.2 1.4 INTEREST PAYMENTS (LI],;T) 2.1 2.0 2.2 1.3 2.2 3.1 4.2 3.8 Public and publicly guaranteed 2.1 2.0 2.2 1.3 2.2 3.1 4.2 3.8 Official creditors 2.1 2,0 2.2 1.3 2.2 3,1 4,2 3,8 Multilateral 1.3 0,9 1.4 0,8 1.6 2.2 2.6 2,6 Concessional 1.3 0.9 1.4 0.8 1.5 2.1 2.5 2,5 Bilateral 0.8 1.1 0.8 0.5 0.6 1.0 1.6 Ll Concessional 0,7 Ll 0.8 0.5 0.6 1.0 1.6 1.1 Private creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0,0 0,0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0,0 0.0 0.0 0,0 0.0 0.0 0.0 0,0 Commercial banks and other 0.0 0,0 0,0 0.0 0.0 0.0 0,0 0.0 Memo: JBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0,0 IDA 0,2 0.3 0.4 0.4 0.4 0,7 l.l 1.0 130 DJIBOUTI (US$ million, unless otherwise indicated) 2000 2001 2002 2003 Euro 18.6 16.0 16.6 16.5 13.2 Japanese yen 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.doliars 13.9 12.4 16.2 19.1 26.3 31.1 32.6 33.0 Total amount rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt stock rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Interest rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt forgiven 0.0 0.0 0.0 0.0 1.2 0.0 0.3 0.0 Memo: interest forgiven 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt stock reduction 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which debt buyback 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Total change in debt stocks 26.8 18.7 -12.5 0.6 72.6 60.7 32.1 -4.0 Net Haws on debt 20.8 13.2 -2.2 8.0 26.6 15.5 16.5 23.7 Cross-currency valuation 3.0 1.8 -6.5 -3.9 16.0 20.9 11.0 -19.6 ALL CREDITORS Interest (%) 0.8 0.0 2.3 1.9 1.6 0.9 2.2 0.9 Maturity (years) 39.7 0.0 29.9 31.9 30.7 25.3 31.8 43.3 Grace period (years) 10.2 0.0 6.9 8.0 7.6 6.1 6.9 10.3 Grant element (%) 80.5 0.0 59.5 64.9 64.9 6L1 60.8 80.2 Official creditors Interest (% ) 0.8 0.0 2.3 1.9 1.6 0.9 2.2 0.9 Maturity (years) 39.7 0.0 29.9 31.9 30.7 25.3 31.8 43.3 Grace period (years) 10.2 0.0 6.9 8.0 7.6 6.1 6.9 10.3 Grant element (%) 80.5 0.0 59.5 64.9 64.9 6L1 60.8 80.2 Private creditors Interest (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2006 2007 2008 2009 2010 TOTAL Principal 23.9 23.3 24.1 23.2 22.0 22.9 23.2 19.9 Interest 5.2 5.4 5.4 5.9 5.9 5.6 5.3 5.0 Official creditors Principal 23.9 23.3 24.0 23.1 21.9 22.8 23.1 19.8 Interest 5.2 5.4 5.4 5.9 5.8 5.6 5.3 5.0 Bilateral creditors Principal 14.5 13.4 13.8 11.4 9.2 9.2 8.8 5.0 Interest 1.7 1.6 1.5 1.3 l.l 1.0 0.8 0.7 Multilateral creditors Principal 9.4 9.9 10.2 11.7 12.7 13.6 14.3 14.8 Interest 3.5 3.8 3.9 4.6 4.7 4.6 4.5 4.4 Private creditors Principal 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 Interest 0.0 0.0 0.0 0.0 0.0 OJ} 0.0 0.0 Notes: Data on long-tenn public and publicly guaranteed debt for 2004-2005 are based on reporrs provided by the country.Shorr-term debt data are based on World Bank staff estimates. 131 DOMINICA (US$ million, unless otherwise indicated) TOTAL DEBT STOCKS (EDT) 88.0 107.0 166.8 215.5 228.7 287.2 236.6 251.6 Long-term debt (LDOD) 80.2 98.6 147.8 193.4 200.4 206.3 224.2 231.5 Public and publicly guaranteed 80.2 98.6 147.8 193.4 200.4 206.3 224.2 231.5 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Use of IMF credit 5.7 1.7 0.0 0.0 2.8 7.9 9.2 11.6 Short-term debt 2.0 6.7 19.0 22.0 25.6 73.0 3.1 8.6 of which interest arrears on LDOD 0.0 0.2 0.0 0.0 2.1 3.0 3.1 8.6 Official creditors 0.0 0.2 0.0 0.0 0.1 0.2 0.2 0.7 Private creditors 0.0 0.0 0.0 0.0 1.9 2.8 3.0 7.9 Memorandum items Principal arrears on LOOD 0.2 1.8 0.3 0.3 0.8 2.6 5.8 19.4 Official creditors 0.2 1.8 0.3 0.3 0.3 1.4 4.3 14.0 Private creditors 0.1 0.0 0.0 0.0 0.5 1.2 1.4 5.5 TOTAL DEBT FLOWS Disbursements 11.5 9.5 56.2 33.5 34.6 23.7 30.9 8.4 Long·term debt 11.5 9.5 56.2 33.5 31.9 19.2 29.9 4.9 IMF purchases 0.0 0.0 0.0 0.0 2.7 4.6 0.9 3.5 Principal repayments 3.8 4.6 6.9 7.5 6.1 7.0 10.9 11.6 Long-term debt 2.5 3.7 6.9 7.5 6.1 7.0 10.9 11.2 1\1F repurchases 1.4 0.9 0.0 0.0 0.0 0.0 0.0 0.4 Net flows on debt 7.8 4.4 49.5 29.0 30.0 63.2 -50.1 -3.2 of which short-tenn debt 0.1 -0.5 0.2 3.0 1.5 46.5 -70.0 0.0 Interest payments ({NT) 2.0 2.5 4.1 8.6 6.0 8.1 7.8 5.5 Long-term debt 1.6 2.1 3.0 7.6 5.3 6.7 6.7 5.3 IMFcharges 0.2 0.0 0.0 0.0 0.0 0.1 0.1 0.2 Short-tenn debt 0.2 0.4 I.l 0.9 0.7 1.4 1.1 0.0 Net transfers on debt 5.9 1.9 45.4 20.4 24.0 55.1 -57.9 -8.7 Total debt service paid (TDS) 5.8 7.1 11.0 16.0 12.1 ]5.1 18.8 17.1 Long-term debt 4.1 5.8 9.9 15.1 11.4 13.7 17.6 16.5 IMF repurchases and charges 1.6 0.9 0.0 0.0 0.0 0.1 0.1 0.6 Short-term debt (interest only) 0.2 0.4 1.1 0.9 0.7 1.4 1.1 0.0 NET RESOURCE FLOWS 24.6 84.5 71.9 49.5 64.9 43.9 60.3 25.7 Net flow of long-term debt (ex. IMF) 9.0 5.8 49.3 26.0 25.8 12.1 19.0 -6.3 Foreign direct investment (net) 12.9 54.1 17.6 14.7 17.7 29.0 23.8 26.1 Portfolio equity flows -0.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grants (excluding technical coop.) 3.1 24.6 5.0 8.8 21.4 2.8 17.5 5.9 Memo: technical coop. grants 2.9 3.6 3.3 2.8 2.7 2.3 2.4 2.8 NET TRANSFERS 17.6 70.2 35.8 25.5 43.8 23.9 34.2 0.2 Interest on long-term debt 1.6 2.1 3.0 7.6 5.3 6.7 6.7 5.3 Profit remittances on FOI 5.4 12.2 33.0 16.4 15.8 13.4 19.4 20.1 Gross national income (GNI) 161.4 210.7 239.2 242.6 231.9 241.0 254.2 259.9 Exports of goods. servo & inc. (XGS) 102.8 114.9 149.2 124.8 126.1 120.6 133.2 129.2 Worker remit. & compo of employees 14.0 3.0 3.0 4.0 4.0 4.0 4.0 4.0 Imports of goods & services (MGS) 142.9 163.5 227.1 192.0 184.5 175.3 208.8 226.5 International reserves (RES) 14.5 22.1 29.4 31.2 45.5 47.7 42.3 49.2 Current account balance -43.5 -40.7 -59.8 -49.7 -44.8 -42.0 -58.9 -80.4 EDT IXGS (%) 85.5 93.1 111.8 172.6 181.5 238.2 177.7 194.7 EDT/GNI(%) 54.5 50.8 69.7 88.8 98.6 119.2 93.1 96.8 TDS IXGS (%) 5.6 6.1 7.4 12.9 9.6 12.6 14.1 13.2 INT IXGS (%l 1.9 2.1 2.8 6.9 4.8 6.7 5.9 4.3 INT I GNI(%) 1.2 1.2 1.7 3.5 2.6 3.4 3.1 2.1 RES I EDT (%) 16.4 20.7 17.6 14.5 19.9 16.6 17.9 19.5 RES I MGS (months) 1.2 1.6 1.6 2.0 3.0 3.3 2.4 2.6 Short-term I EDT (%) 2.3 6.3 11.4 10.2 11.2 25.4 1.3 3.4 Concessional / EDT (% ) 87.3 83.2 59.2 59.2 50.8 43.1 56.4 51.7 Multilateral! EDT (%) 65.7 61.0 50.1 50.6 45.0 40.2 52.7 48.7 132 DOMINICA (US$ million, unless othenvise indicated) 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTAI'IDING (LDOD) 80.2 98.6 147.8 193.4 200.4 206.3 224.2 231.5 Public and publicly guaranteed 80.2 98.6 147.8 193.4 200.4 206.3 224.2 231.5 Official creditors 80.2 98.6 116.1 150.1 140.3 156.2 164.6 162.3 Multilateral 57.8 65.3 83.5 108.9 102.9 115.5 124.7 122.6 Concessional 54.4 55.7 67.0 87.2 84.5 91.4 101.6 100.6 Bilateral 22.4 33.3 32.7 41.1 37.4 40.7 39.9 39.7 Concessional 22.4 33.3 31.8 40.3 31.6 32.5 31.9 29.4 Private creditors 0.1 0.0 31.6 43.4 60.0 50.0 59.6 69.2 of which: Bonds 0.0 0.0 31.6 31.6 35.3 36.6 36.6 36.6 Commercial banks 0.1 0.0 0.0 0.0 11.2 10.9 20.5 30.1 Private non guaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: ffiRD 0.0 0.0 2.4 2.7 3.7 4.1 4.1 3.9 IDA 10.4 12.2 13.6 13.8 16.6 18.2 23.2 21.7 Public sector LDOD 80.2 98.6 147.8 193.4 200.4 206.3 224.2 231.5 Private sector LDOD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 DISBURSEMENTS 11.5 9.5 56.2 33.5 31.9 19.2 29.9 4.9 Public and publicly guaranteed 11.5 9.5 56.2 33.5 31.9 19.2 29.9 4.9 Official creditors 11.5 9.5 2S.7 21.7 IS.3 18.2 19.4 4.9 Multilateral 8.3 3.S 19.3 1S.4 9.1 14.0 19.0 4.3 Concessiona1 6.7 2.7 13.9 10.2 6.9 8.7 16.4 3.3 Bilateral 3.2 6.0 6.3 6.4 6.2 4.2 0.5 0.6 Concessional 3.2 6.0 5.6 6.4 1.2 1.7 0.5 0.6 Private creditors 0.0 0.0 30.5 11.8 16.7 1.0 10.5 0.0 of which: Bonds 0.0 0.0 30.5 0.0 3.7 1.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 11.2 0.0 10.5 0.0 Private nunguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memn: mRD 0.0 0.0 0.7 0.3 1.0 0.7 0.4 0.3 IDA 0.9 0.1 -0.1 0.9 1.8 0.3 4.3 0.5 PRINCIPAL REPAYMENTS 2.5 3.7 6.9 7.5 6.1 7.0 10.9 11.2 Public and publicly guaranteed 2.S 3.7 6.9 7.5 6.1 7.0 10.9 11.2 Official creditors 2.4 3.7 6.9 7.5 6.1 6.7 10.9 10.7 Multilateral 2.1 2.2 3.8 5.4 4.4 5.2 8.5 7.9 Concessional 2.1 1.9 3.2 4.8 3.9 4.5 5.9 3.5 Bilateral 0.3 1.6 3.0 2.1 1.7 1.5 2.4 2.8 Concessional 0.3 1.6 3.0 2.1 1.7 1.4 2.2 2.7 Pri vate creditors 0.1 0.0 0.0 0.0 0.0 0.3 0.0 0.5 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.1 0.0 0.0 0.0 0.0 0.3 0.0 0.5 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: lBRD 0.0 0.0 0.0 0.0 0.0 0.2 0.4 0.4 IDA 0.0 0.1 0.1 0.1 0.2 0.2 0.2 0.3 INTEREST PAYMENTS (LINT) 1.6 2.1 3.0 7.6 5.3 6.7 6.7 5.3 Public and publicly guaranteed 1.6 2.1 3.0 7.6 5.3 6.7 6.7 5.3 Official creditors 1.6 2.1 3.0 4.5 3.4 4.3 3.6 4.2 Multilateral 1.4 1.6 1.9 3.2 2.5 2.9 2.4 3.2 Concessional 1.3 1.3 1.4 2.0 1.7 2.1 1.6 2.2 Bilateral 0.2 0.4 1.0 1.3 0.9 1.4 1.2 1.0 Concessional 0.2 0.4 1.0 1.1 0.8 1.2 1.0 0.8 Private creditors 0.0 0.0 0.1 3.1 1.9 2.3 3.1 1.2 of which: Bonds 0.0 0.0 0.1 3.0 1.6 1.5 3.1 0.1 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.8 0.0 1.1 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: mRD 0.0 0.0 0.1 0.2 0.2 0.2 0.2 0.2 IDA 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.2 133 DOMINICA (US$ million. unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 5.7 5.2 7.0 6.4 5.5 Japanese yen 0.3 1.0 0.4 0.1 0.0 0.0 0.0 0.0 Pound sterling 16.5 12.8 2.7 1.9 0.1 0.1 0.1 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 51.7 5S.5 SO.l 83.8 86.2 84.5 84.8 86.4 Total amount rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 18.1 14.6 Debt stock rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 4.6 0.0 Plincipal rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 1.1 0.1 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.6 0.1 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.6 0.0 Interest rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt forgiven 3.3 0.0 0.0 0.0 0.0 0.0 0.0 0.1 Memo: interest forgiven 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt stock reduction 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which debt 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Total change in debt stocks 10.4 8.8 49.0 48.7 13.3 58.5 -50.6 15.0 Net flows on debt 7.8 4.4 49.5 29.0 30.0 63.2 -50.1 -3.2 4.7 1.2 -2.7 -1.6 4.4 4.6 3.0 ·5.1 ~.~Q~G~·~·()F~WOO~~···· . ALL CREDITORS Interest (%) 3.0 2.6 4.5 5.8 3.6 1.6 2.9 2.4 Maturity (years) 25.2 26.4 18.7 14.5 17.0 13.0 29.5 21.9 Grace period (years) 8.5 S.8 5.9 4.4 4.1 4.3 13.9 7.6 Grant element (%) 53.8 56.5 33.5 28.0 35.2 38.7 61.0 55.3 Official creditors Interest (%) 3.0 2.6 5.2 4.0 2.1 1.6 0.8 2.4 Maturity (years) 25.2 26.4 21.3 16.1 17.6 13.0 34.7 21.9 Grace period (years) 8.5 8.8 6.9 5.3 5.8 4.3 10.2 7.6 Grant element (%) 53.8 56.5 34.1 36.5 46.8 38.7 78.7 55.3 Private creditors Interest (%) 0.0 0.0 1.9 14.3 6.0 0.0 3.5 0.0 Maturity (years) 0.0 0.0 9.2 6.7 16.0 0.0 28.0 0.0 Grace period (years) 0.0 0.0 2.3 0.2 1.4 0.0 15.0 0.0 Grant element (%) 0.0 0.0 31.3 -12.9 16.1 0.0 56.0 0.0 2006 2007 2008 2009 2010 2011 TOTAL Principal 17.2 13.2 12.2 14.6 11.8 11.1 10.3 10.7 Interest 8.2 8.1 7.9 7.5 7.1 6.7 6.4 6.1 Official creditors Principal 16.3 12.3 11.7 12.2 10.9 10.5 9.8 10.2 Interest 4.2 4.2 4.1 3.9 3.6 3.3 3.0 2.7 Bilateral creditors Principal 6.7 3.8 4.0 4.0 2.7 2.7 2.7 3.1 Interest 1.1 1.2 1.2 1.2 l.l 1.0 0.9 0.8 Multilateral creditors Principal 9.7 8.5 7.7 8.2 8.2 7.9 7.2 7.1 Interest 3.1 2.9 2.9 2.7 2.5 2.2 2.0 1.8 Private creditors Principal 0.9 0.9 0.5 2.4 0.9 O.S 0.5 0.5 Interest 4.0 3.9 3.8 3.7 3.6 3.5 3.4 3.4 .:-Jotes: Debt reduction: As part of its Caribbean initiative, Canada forgave all its official development assistance Joans, about $1.7 million, in 1990. 134 DOMINICAN REPUBLIC (US$ million, unless otherwise indicated) TOTAL DEBT STOCKS (EDT) 4,372 4,447 4,541 5,135 6,251 6,295 6,965 7,398 Long-term debt (LDOD) 3,518 3,672 3,311 3,790 4,201 5,081 5,815 6,094 Public and publicly guaranteed 3,419 3,653 3,311 3,790 4,030 5,081 5,815 6,093 Private nonguaranteed 99 19 0 0 171 0 0 2 Use of IMF credit 72 160 52 50 27 130 204 400 Short-term debt 782 616 1,178 1,294 2,023 1,084 946 903 of which interest arrears on LDOD 506 214 28 24 32 43 29 22 Official creditors 304 157 22 17 24 25 17 13 Private creditors 202 58 6 7 8 18 II 9 Memorandum items Principal arrears on LDOD 614 320 56 48 82 119 84 71 Official creditors 444 261 52 45 75 93 62 48 Private creditors 169 59 4 3 6 26 22 22 TOTAL DEBT FLOWS Disbursements 138 195 303 894 735 1,478 1,193 1,096 Long-term debt 138 195 303 894 735 1,356 1,128 876 IMF purchases 0 a a a a 122 65 220 Principal repayments 146 234 257 377 404 617 461 552 Long-term debt 88 200 257 377 378 589 461 552 IMF repurchases 58 34 0 0 26 28 0 0 Net flows on debt 15 105 311 637 1,052 -89 608 508 of which shOit-term debt 23 143 265 120 721 -950 -124 -36 Interest payments (ll'Io'T) 86 175 263 245 267 305 290 342 Long-term debt 59 145 211 193 212 244 246 279 IMF charges 9 10 3 2 1 a 5 9 Short-term debt 19 20 50 50 54 61 39 54 Net transfers on debt -71 -70 48 392 785 -394 318 166 Total debt service paid (TDS) 232 409 520 622 671 922 750 894 Long-term debt 147 345 468 570 590 833 707 831 IMF repurchases and charges 67 44 3 2 27 28 5 9 Short-te1111 debt (interest only) 19 20 50 50 54 61 39 54 NET RESOURCE FLOWS 212 451 1,043 1,643 1,325 1,424 1,638 1,409 Net flow oflong-te1111 debt (ex. IMF) 50 -5 46 517 357 767 667 324 Foreign direct investment (net) 133 414 953 1,079 917 613 909 1,023 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop.) 29 41 44 46 51 44 62 62 Memo; technical coop. grants 44 51 57 72 74 66 60 65 NET TRANSFERS 64 -318 -236 359 -40 -211 ·272 -694 Interest on long-term debt 59 145 211 193 212 244 246 279 Profit remittances on FDI 90 624 1,068 1,090 [,153 1,391 1,664 1,825 Gross national income (GNI) 6,759 11,774 18,694 20,528 20,473 14,893 16,714 27,667 Exports of goods, servo & inc. (XGS) 2,233 6,653 10.953 10,466 10,496 11,341 12.006 12.902 Worker remit. & compo of employees 315 839 1,839 1,982 2,195 2,326 2,501 2,717 hnPOIts of goods & services (MGS) 2,568 7,034 12,193 11,426 11.603 10.580 11,257 13,706 International reserves (RES) 69 373 632 1,105 475 261 806 1,853 Current account balance -280 -183 -1,027 -741 -798 1,036 1,047 -500 EDT IXGS ('Yo) 195.8 66.8 41.5 49.1 59.6 55.5 58.0 57.3 EDT I GNI (%) 64,7 37.8 24.3 25.0 30.5 42.3 41.7 26.7 TDS IXGS (%) 10.4 6.1 4.8 5.9 6.4 8.1 6.3 6.9 L""T I XGS (0/0) 3.9 2.6 2.4 2.3 2.5 2.7 2.4 2.6 !NT I GNI (%) 1.3 1.5 1.4 1.2 1.3 2.1 1.7 1.2 RES I EDT (0/0) 1.6 8.4 \3,9 21.5 7.6 4.1 11.6 25.0 RES I MGS (months) 0.3 0.6 0.6 1.2 0.5 0.3 0.9 1.6 Short-tenn I EDT (%) 17.9 13.8 25.9 25.2 32.4 17,2 13,6 12.2 Concessionall EDT (%) 27.5 37.6 31.1 25.8 20.5 19.7 19.5 17.1 Multilateral I EDT (0/0) 19.6 23.2 24.9 24.1 21.7 24.0 25.1 24.4 135 DOMINICAN REPUBLIC (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 3,518 3,672 3,311 3,790 4,201 5,081 5,815 6,094 Public and publicly guaranteed 3,419 3,653 3,311 3,790 4,030 5,081 5,815 6,093 Official creditors 2,383 2,996 2,541 2,455 2,471 2,534 2,851 2,793 Multilateral 858 1,033 1,132 1,237 1,357 1.510 1,745 1,805 Concessional 432 438 452 437 427 441 431 393 Bilateral 1,525 1,962 1,409 1,217 1,114 1,024 1,106 988 Concessiona1 772 1,234 963 887 855 797 926 873 Private creditors 1,036 657 770 1,336 1,559 2,547 2,964 3,299 of which: Bonds 0 520 506 987 967 1,547 1,527 1,508 Commercial banks 775 33 83 134 255 452 574 600 Private nonguaranteed 99 19 0 0 171 0 0 2 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 99 19 0 0 171 0 0 2 Memo: lBRD 238 282 292 317 350 350 379 405 IDA 20 17 14 13 13 12 11 11 Public sector LDOD 3,391 3,626 3,299 3,778 4,019 5,070 5,806 6,085 Private sector LOOD 127 46 13 12 182 10 9 9 DISBURSEMENTS 138 195 303 894 735 1,356 1,128 876 Public and publicly guaranteed 138 195 303 894 547 1,356 1,128 875 Official creditors 136 187 124 247 216 233 405 327 Multilateral 84 157 100 193 167 188 325 200 Concessional 21 44 J3 7 2 3 3 2 Bilateral 53 30 23 55 49 45 81 126 Concessional 20 17 23 53 37 26 55 105 Private creditors 2 8 179 646 331 1,123 722 548 of which: Bonds 0 0 0 500 0 600 0 0 Commercial banks 0 8 61 78 151 250 265 176 Private nonguaranteed 0 0 0 0 188 0 0 2 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 188 0 0 2 Memo: IBRD 39 36 39 49 57 31 66 64 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 88 200 257 377 378 589 461 552 Public and publicly guaranteed 83 184 257 377 361 418 461 552 Official creditors 83 161 216 294 252 270 158 178 Multilateral 38 79 63 73 73 85 105 109 Concessional 6 20 18 19 19 19 22 23 Bilateral 44 82 153 222 179 185 53 69 Concessional 8 47 93 111 87 118 27 33 Private creditors 0 23 41 82 109 148 302 374 of which: Bonds 0 0 4 20 20 20 20 20 Commercial banks 0 3 12 27 30 57 141 149 Private nonguaranteed 5 16 0 0 17 171 0 Bonds Commercial banks and other 0 5 0 16 0 0 0 0 0 17 0 171 0 0 ° 0 0 Memo: IBRD 19 40 21 23 24 32 37 38 IDA 0 1 1 J 1 1 1 INTEREST PAYMENTS (LINT) 59 145 211 193 212 244 246 279 Public and publicly guaranteed 56 143 211 193 202 235 246 279 Official creditors 55 120 157 141 111 109 87 102 Multilateral 32 51 58 65 63 62 77 82 Coneessional 4 10 8 8 7 8 9 8 Bilateral 23 69 99 76 48 47 10 20 Concessional 7 53 54 46 29 32 8 17 Private creditors 1 23 54 52 91 126 159 176 of which: Bonds 0 13 38 33 63 87 111 117 Commercial banks 0 3 6 7 12 19 22 27 Private nonguaranteed 3 2 0 0 9 9 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 3 2 0 0 9 9 0 0 Memo: IBRD 14 20 22 23 22 21 21 21 IDA 0 0 0 0 0 0 0 0 136 DOMINICAN REPUBLIC (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 Euro 2.1 2.4 2.1 2.3 1.9 Japanese yen 6.4 7.7 5.0 4.0 4.2 3.7 2.9 2.0 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 68.4 63.7 73.8 79.0 79.9 83.5 86.0 88.8 Total amount rescheduled 7 2 0 0 0 0 210 167 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled I I 0 0 2 0 173 144 Official 1 1 0 0 2 0 167 144 Private 0 0 0 0 0 0 6 0 Interest rescheduled 2 0 0 0 1 0 37 22 Official 2 0 0 0 1 0 30 22 Private 0 0 0 0 0 0 7 0 Debt forgiven 7 0 I 0 0 15 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 334 173 -145 594 1,117 43 670 433 Net flows on debt 15 105 311 637 1,052 -89 608 508 valuation 52 18 -51 -40 54 -126 9 105 ALL CREDITORS Interest (%) 5.9 6.6 6.6 6.5 2.6 5.0 3.5 1.8 Maturity (years) 24.5 19.8 11.0 9.5 12.1 10.9 12.7 11.3 Grace period (years) 6.4 5.1 2.1 3.4 2.8 5.3 4.3 3.9 Grant element (%) 31.3 21.2 14.4 14.1 34.5 23.3 35.0 51.4 Official creditors Interest (%) 5.8 6.6 6.8 6.3 3.5 3.4 3.5 1.7 Maturi ty (years) 24.9 20.2 12.7 19.7 16.3 13.3 12.7 12.0 Grace period (years) 6.4 5.2 1.3 4.4 2.2 3.0 4.3 4.1 Grant element (%) 32.0 21.7 13.8 21.8 32.9 33.6 35.0 54.7 Private creditors Interest (%) 9.8 8.4 6.5 6.6 2.3 5.2 0.0 2.9 Maturity (years) 9.1 9.5 9.6 7.1 10.3 10.5 0.0 4.1 Grace period 4.6 2.0 2.7 3.1 3.0 5.6 0.0 0.9 Grant element -0.2 5.8 14.9 12.3 35.2 21.9 0.0 15.3 2006 2007 2008 2009 2010 20ll 2012 TOTAL Principal 1,246 734 603 531 447 412 390 1,082 Interest 331 264 238 214 197 181 166 125 Official creditors Principal 356 395 334 312 294 266 253 321 Interest 135 130 116 103 93 83 74 65 Bilateral creditors Principal 200 145 91 92 111 110 105 182 Interest 36 32 28 26 24 21 18 15 Multilateral creditors Principal 156 250 243 220 183 155 148 139 Interest 98 98 88 77 69 62 56 50 Private creditors Principal 890 339 269 219 153 146 137 761 Interest 197 135 122 III 104 98 93 60 Notes: Data include the effects of Paris Club debt restructuring agreement signed in 2005. 137 ECUADOR (US$ million, unless otherwise indicated) 1995 2000 2001 2002 2003 2004 2005 1.S~YDJm'fDATA TOT AL DEBT STOCKS (EDT) 12,107 13,994 13,717 14,481 16,452 16,864 17,216 17,129 Long-term debt (LDOD) 10,029 12,508 12,772 12,907 13,829 14,702 15,062 15,332 Public and publicly guaranteed 9,865 12,068 11,337 11.250 11,240 11,368 10,627 10.662 Pri vale nonguaranleed 164 440 1.435 1,657 2,589 3.334 4.435 4,670 Use of IMF credit 265 173 148 190 308 390 290 78 Short-term debt 1,814 1,312 797 1,384 2,314 1,772 1,864 1,719 of which interest arrears on LDOD 1,522 13 3 2 1 1 I 0 Official creditors 10 8 I 0 0 0 0 Private creditors 1,512 4 2 2 0 0 0 0 Memorandum items Principal arrears on LDOD 1,096 10 6 6 6 5 5 5 Official creditors 6 8 0 0 0 0 0 0 Pri vate creditors 1,090 I 6 6 6 5 5 5 TOT AL DEBT FLOWS Disbursements 638 1,049 1,145 1,401 1,962 2,016 2,701 3,135 Long-tenn debt 606 1,049 996 1,353 1.864 1,932 2.701 3.135 IMP purchases 32 0 ISO 48 98 84 0 0 Principal repayments 610 750 1,072 1,074 1,123 1,301 2,526 3,178 Long-lenn debt 495 721 1,072 1.074 U23 1.267 2,414 2,983 IMP repurchases 115 29 0 0 0 35 1I2 195 Net flows on debt 0 -152 -181 915 1,771 172 267 ·189 of which short -tenn debt -28 -451 -254 587 932 -543 92 -145 Interest payments (INT) 474 665 822 982 1,070 1,116 1,205 966 Long-tenn debt 416 574 717 879 878 901 1,009 852 IMP charges 30 10 4 7 8 6 9 7 Short -term debt 28 81 102 95 184 209 187 107 Net transfers on debt ·474 -818 -1,003 -67 701 ·944 -938 .1,155 Total debt service paid (TDS) 1.084 1,416 1,894 2,055 2,193 2,417 3,731 4,144 Long-term debt 911 1,296 1,789 1,953 2,001 2,167 3,423 3,835 IMF repurchases and charges 145 39 4 7 8 41 121 202 Short-tenn debt (interest only) 28 81 102 95 184 209 187 107 2. AGGRE9kTlilNEt RksotJRCE Ji'LO:W:~AND,NET TRANSJfEH$(LONG~tERM) NET RESOURCE .FLOWS 290 864 712 1,686 2,121 2,310 1,558 1,976 Net flow of long·tenn debt (ex. IMp) 110 328 -76 279 741 665 287 152 Foreign direct investment (net) 126 452 720 1,330 1.275 1,555 1.160 1,646 Portfolio equity flows 0 I3 0 I 1 9 I 2 Grants (excluding technical coop,) 53 71 68 76 104 81 109 176 Memo: technical coop, grants 65 llO 85 93 119 145 150 139 NET TRANSFERS ·251 146 ·284 474 941 980 ·166 335 Interest on long-tenn deht 416 574 717 879 878 901 1.009 852 Profit remittances on PDI 125 144 280 333 302 430 715 789 3. MAJOJ,t E<::9N:QWCAGGREGATEs Gross national income (GNf) 9.145 19,281 14,530 19.915 23,595 27,108 30,716 34,532 Exports of goods, serv, & inc. (XGS) 3,337 5.677 7,374 7.146 7,604 8,982 lO,848 13,552 Worker remit. & compo of employees 51 386 1,322 1.421 1,438 1,633 1,838 2,038 Imports of goods & services (MGS) 3,754 6,736 6.488 8.024 9,095 9.546 11.591 13,847 International reserves (RES) 1,009 1.788 1.179 1,074 1,004 1,165 1,440 2,148 Current account balance -360 -1.000 921 -654 -1,272 -424 -551 -59 .... l,)lilIlT INDICAtORS EDT/XGS (%) 362,8 246,5 186,0 202,7 216.4 187,8 \58,7 126.4 EDT/GNI(%) 132.4 72.6 94.4 72.7 69,7 62,2 56.0 49,6 TDS I XGS (%) 32.5 24,9 25,7 28,8 28,8 26.9 34.4 30,6 INT IXGS (%) 14.2 11.7 IL2 13,7 14,1 12.4 ILl 7.1 !NT I GNI (%) 5,2 3,5 5,7 4,9 4,5 4,1 3,9 2.8 RES I EDT (%) 8.3 12,8 8.6 7.4 6.1 6,9 8.4 12,5 RES I MGS (months) 3,2 3.2 2,2 1.6 1.3 1.5 1.5 1.9 Short-tenn / EDT (%) 15,0 9.4 5,8 9,6 14.1 10,5 10,S 10,0 Concessional / EDT (%) 7,6 12,9 14,8 13.4 11.9 12,7 12.1 10,7 Mnltilateral / EDT (%) 17,6 21.7 26.0 25.1 21.7 22,9 21.9 21.0 138 ECUADOR (US$ million, unless otherwise indicated) DEBT OUTSTANOING (LDOD) 10,029 12,508 12,772 12,907 13,829 14,702 15,062 15,332 Public and publicly guaranteed 9,865 12,068 11,337 11,250 11,240 11,368 10,627 10,662 Official creditors 4,065 5,302 6,196 6,147 6.205 6.481 6,242 5,774 Multilateral 2,127 3,041 3,568 3,641 3,576 3,854 3,762 3,605 Concessional 451 647 613 594 574 663 661 610 Bilateral 1,938 2,261 2,628 2,506 2,630 2,626 2,480 2,169 Concessional 468 1.159 1,417 l,339 1,391 1,482 1,426 1,224 Pri vate creditors 5,800 6,766 5,141 5,103 5,035 4,888 4384 4,888 of which: Bonds 0 5,999 3,950 3,950 3,950 3,950 3,950 4,600 Commercial banks 4,884 394 1,045 1,035 979 834 339 211 Private non guaranteed 164 440 1,435 1,657 2,589 3,334 4,435 4,670 Bonds 0 10 0 0 0 0 0 0 Commercial banks and other 164 430 1,435 1,657 2,589 3,334 4,435 4,670 Memo: IBRD 816 1,082 840 889 829 888 835 799 IDA 32 26 21 20 19 17 16 15 Public sector LDOD 9,865 12,068 11,337 11,250 11,240 1l,368 10,627 10.662 Private sector LDOD 164 440 1,435 1.657 2,589 3,334 4,435 4,670 OISBVRSEMENTS 606 1,049 996 1,353 1,864 1,932 2,701 3,135 Public and publicly guaranteed 575 839 615 629 427 640 309 972 Official creditors 329 751 544 533 365 579 278 299 Multilateral 227 610 444 443 228 557 276 298 Concessional 24 62 9 8 3 83 19 0 Bilateral 101 142 ]00 89 l37 22 2 ] Concessional 31 128 99 82 40 18 2 I Private creditors 246 88 71 97 63 61 31 674 of which: Bonds 0 0 0 0 0 0 0 650 Commercial banks 39 61 71 97 54 45 22 24 Private nonguaranteed 30 2.10 381 724 1,437 1,291 2,392 2,162 Bonds 0 10 0 0 0 0 0 0 Commercial banks and other 30 200 381 724 1,437 1,291 2,392 2,162 Memo: IBRD 47 319 69 124 25 152 29 39 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPA YMENTS 495 721 1,072 1,074 1,123 1,267 2,414 2,983 Public and publicly guaranteed 470 711 555 574 616 726 1,122 858 Official creditors 276 486 376 440 485 518 588 717 Multilateral 164 235 300 324 363 376 399 387 Concessional 8 23 22 24 27 28 29 36 Bilateral 112 252 76 116 122 142 188 330 Concessional 2 46 55 78 77 84 95 137 Plivate creditors 194 225 179 134 131 208 534 142 of which: Bonds 0 10 0 0 0 0 0 0 Commercial banks 27 59 146 107 109 190 517 123 Private nonguaranteed 25 10 517 499 508 541 1,292 2,124 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 25 10 517 499 508 541 1,292 2,124 Memo: IBRD 41 98 89 75 85 92 82 74 IDA I 1 I 1 1 I 1 1 INTEREST PAYMENTS (LINT) 416 574 717 879 878 901 1,009 852 Public and publicly guaranteed 404 573 544 701 682 634 663 667 Official creditors 212 330 290 337 313 263 276 282 Multilateral 140 172 253 221 200 174 166 169 Concessional 8 13 11 lJ 12 12 16 18 Bilateral 72 157 36 116 114 89 110 113 Concessional 8 47 28 44 38 37 41 45 Private creditors 191 243 255 364 369 371 387 385 of which: Bonds 0 147 140 258 285 312 339 367 Commercial banks 132 50 102 96 77 54 43 l3 Private nonguaranteed 12 1 172 178 196 266 346 185 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 12 1 172 178 196 266 346 185 Memo: mRD 62 69 74 63 54 41 31 32 IDA 0 0 0 0 0 0 0 0 139 ECUADOR (US$ million. unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 2.1 2.3 2.3 2,4 2.0 Japanese yen 6.9 5.0 6.3 5.6 6.0 6.2 6.4 4.5 Pound sterling 1.6 0.7 0,4 0.3 0.3 0.3 0.3 0.1 Swiss franc 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 54.5 70.5 83.2 84.9 84.9 85.2 85.3 88.6 Total amount rescheduled 249 5,818 4,837 15 0 53 0 0 Debt stock rescheduled 16 3,345 3,783 0 0 0 0 0 Principal rescheduled 152 0 624 3 0 42 0 0 Official 110 0 549 2 0 42 0 0 Private 42 0 74 1 0 0 0 0 Interest rescheduled 81 1.750 127 12 0 11 0 0 Official 61 0 121 12 0 II 0 0 Private 19 1.750 6 0 0 0 0 0 Debt forgi ven 1 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 I Debt stock reduction 45 1,180 2,522 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 791 - L067 -2.540 764 1,971 412 352 -87 Net flows on debt 0 -152 -181 915 1,771 172 267 -189 193 57 -173 -148 197 249 91 -181 ALL CREDITORS Interest (%) 6,4 6.4 7.0 5.7 4.7 1.6 5.0 8.0 Maturity (years) 17.4 15.8 16.6 10.7 13.1 21.4 12.5 7.9 Grace period (years) 4.2 5.5 5.0 2.7 3.1 5.3 3.2 6.0 Grant element (%) 24.1 21.9 17.8 17.6 24.7 57.2 24.3 6.2 Official creditors Interest (%) 5.2 5.9 6.9 6.0 4.8 1.4 5.1 6.5 Maturity (years) 22.2 17.0 17.1 11.9 13.1 22.1 12.9 5.5 Grace period (years) 6.0 6.3 5.2 3.5 3.1 5.4 3.6 1.3 Grant element (%) 35.1 25.7 18.3 18.2 24.4 59.6 25.2 8.8 Private creditors Interest (%) 8.6 8.1 7.5 5.1 3.9 3.0 4.7 9.3 Maturity (years) 8.7 11.2 9.9 8.7 13.3 16.6 10.0 10.0 Grace peri od 1.0 2.7 2.5 1.4 5.0 4.6 0.6 9.8 Grant element 4.0 8.0 10.0 16.4 33.5 42.6 19.7 4.1 2006 2007 2008 2009 2010 TOTAL Principal 1,840 1,416 1,413 1,014 702 748 1,913 631 Interest 901 820 831 728 672 637 599 437 Official creditors Principal 687 708 654 556 458 456 434 389 Interest 299 274 242 209 182 158 134 113 Bilateral creditors Principal 194 171 150 152 127 139 152 154 Interest 92 83 75 69 62 57 51 45 Multilateral creditors Principal 493 537 504 404 331 317 283 235 Interest 207 191 167 141 120 101 83 68 Private creditors Principal 1,153 708 759 458 244 292 1,479 242 Interest 602 546 589 518 490 479 465 324 Notes: Data on private nonguaranteed debt are World Bank staff estimates. 140 EGYPT, ARAB REPUBLIC OF (US$ million. unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 TOTAL DEBT STOCKS (EDT) 33,017 33,499 29,187 29,333 30,001 31,383 30,292 34,114 Long-term debt (LDOD) 28,439 31,023 25,083 25,960 26,533 27,581 27,353 28,132 Public and publicly guaranteed 27,439 30,710 24.510 25,342 25,875 27,266 27.353 24,892 Private nonguaranteed 1,000 313 573 619 659 316 0 3,240 Use oflMF credit 103 0 0 Short-term debt of which interest arrears on LDOD 125 4,453 1,441 2,372 4 ° 4,104 0 ° 3,372 0 ° 3,468 0 ° 3,801 0 2,939 I 5,982 2 Official creditors 872 2 0 0 0 0 I 2 Pri vate creditors 569 2 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 3,542 148 141 129 129 130 134 136 Official creditors 1,775 128 140 129 129 130 134 136 Pri vate creditors 1,767 20 1 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 1,951 642 586 1,915 498 576 465 5,359 Long-term debt 1,951 642 586 1,915 498 576 465 5,359 IMF purcbases 0 0 0 0 0 0 0 0 Principal repayments 1,751 988 1,100 1,111 1,248 1,980 1,561 1,679 Long-term debt 1,704 894 1,100 I,ll 1 1,248 1,980 1,561 1,679 IMF repurchases 47 94 0 0 0 0 0 0 Net flows on debt ·1,301 92 -702 73 -653 -1,071 -1,960 6,722 of which short-term debt -1,502 438 -189 -732 96 333 -863 3,042 Interest payments (1ST) 1,323 1,393 733 838 825 783 756 860 Long-term debt 1,007 1,252 619 688 729 638 621 681 IMP charges 14 9 0 0 0 0 0 0 Short-terrn debt 301 132 113 150 97 145 l35 178 Net transfers on debt -2,624 -1,301 -1,435 -765 -1,479 -1,854 -2,715 5,862 Total debt service paid (TDS) 3,073 2,381 1,832 1,949 2,073 2,763 2,317 2,539 Long-term debt 2,711 2,146 1,719 1,799 1,976 2.618 2,182 2.361 IMF repurchases and charges 61 104 0 0 0 0 0 0 Short-term debt (interest only) 301 132 113 150 97 145 135 178 NET RESOURCE FLOWS 5,183 1,353 1,955 2,007 334 -578 1,570 10,604 Net flow oflong-term debt (ex. IMF) 248 -252 -513 804 -749 -1,405 -1,097 3,680 Foreign direct investment (net) 734 598 1,235 510 647 237 1,253 5,376 Portfolio equity flows 0 0 269 39 -217 37 26 729 Grants (excluding technical coop.) 4,201 1,006 964 654 653 552 1,387 819 Memo: technical coop. grants 812 744 472 732 781 556 200 386 NET TRANSFERS 4,162 -127 1,244 1,291 -484 -1,263 893 9,275 Interest on long-term debt 1.007 1,252 619 688 729 638 621 681 Profit remittances on FDI 14 228 92 28 89 47 56 647 Gross national income (GNI) 42,025 60,038 100.838 98,496 88,763 83,006 78,757 89,157 Exports of goods, servo & inc. (XGS) 15,035 18,064 21,587 20,447 20,029 23,600 30,429 37,159 Worker remit. & compo of employees 4,284 3,226 2,852 2,911 2,893 2,961 3,341 5,017 Imports of goods & services (MGS) 15,969 19,123 23,878 21,881 20,474 20,494 27,733 35,787 International reserves (RES) 3,620 17,122 l3,785 13,598 14,076 14,604 15,339 21,857 Current aecount balance 2,327 -254 -971 -388 622 3,743 3,922 2,103 EDT/XGS (%) 219.6 185.4 135.2 143.5 149.8 133.0 99.5 91.8 EDT/GNI(%) 78.6 55.8 28.9 29.8 33.8 37.8 38.5 38.3 IDS/XGS (%) 20.4 13.2 8.5 9.5 10.3 11.7 7.6 6.8 L"lT I XGS (%) 8.8 7.7 3.4 4.1 4.1 3.3 2.5 2.3 !NT I GNI (%) 3.1 2.3 0.7 0.9 0.9 0.9 1.0 1.0 RES I EDT (%) 11.0 51.1 47.2 46.4 46.9 46.5 50.6 64.1 RES I MGS (months) 2.7 10.7 6.9 7.5 8.3 8.6 6.6 7.3 Short-term I EDT (%) 13.5 7.1 14.1 11.5 11.6 12.1 9.7 17.5 Concessional! EDT (%) 37.9 60.9 72.7 68.5 70.6 71.9 74.6 59.1 Multilateral I EDT (%) 10.4 12.1 13.5 12.6 12.9 l3.l 13.2 11.3 141 EGYPT, ARAB REPUBLIC OF (US$ million, unless otherwise indicated) 2000 ~ ·. LQ~g..'l'ER.M I)Jt~T', DEBT OUTSTANDING (LDOD) 28,439 31,023 25,083 25,960 26,533 27,581 27,353 28,132 Public and publicly guaranteed 27.439 30,710 24,510 25,342 25,875 27,266 27,353 24,892 Official creditors 21,190 28,957 23,970 23,355 24,658 26,372 26,367 23,458 Multilateral 3.427 4,045 3,942 3,696 3,876 4,114 4,002 3,856 Concessional 1,297 1,651 2.264 2,218 2,316 2,390 2,389 2,377 Bilateral 17,763 24.912 20,028 19,659 20,782 22,258 22,365 19.601 Concessional 11,224 18,764 18,940 17,876 \8,858 20,\59 20,220 17,798 Private creditors 6,249 1.753 540 1,987 \,217 894 986 1,435 of which: Bonds 0 0 0 1,500 746 695 695 695 Commercial banks 624 516 312 326 334 64 159 633 Private nonguaranteed 1,000 313 573 619 659 316 0 3,240 Bonds 0 0 100 100 100 100 0 1,554 Commercial banks and other 1,000 313 473 519 559 216 0 1,686 Memo: IDRD 1,480 1.320 639 550 542 539 503 492 IDA 921 1,035 l,266 1,242 1,316 1,386 1,465 1,420 Public sector LDOD 27,418 30.708 24,508 25,341 25,874 27,265 27,351 24,892 Private sector LOOD L021 316 574 620 660 317 1 3,240 DISBUR"COJEME:'I;'TS 1,951 642 586 1,915 498 576 465 5,359 Public and publicly guaranteed 1,900 642 379 1,754 323 576 465 1,120 Official creditors 1,198 602 235 194 278 556 329 464 Multilateral 269 392 174 169 262 534 310 458 Concessional 56 164 104 66 82 62 120 184 Bilateral 929 209 61 25 16 22 20 6 Concessional 647 195 50 20 12 16 15 6 Private creditors 703 40 144 1,560 46 20 135 656 of which: Bonds 0 0 0 1,500 0 0 0 0 Commercial banks 170 31 132 60 46 20 134 656 Private nonguaranteed Bonds Commercial banks and other 51 0 51 0 0 0 207 0 207 162 0 162 175 0 175 0 0 0 ° 0 0 4,240 1,554 2,686 Memo: IDRD 92 42 6 17 25 29 26 97 IDA 8 83 49 32 54 33 75 69 PRINCIPAL REPAYMENTS 1,704 894 1,100 1,111 1,248 1,980 1,561 1,679 Public and publicly guaranteed 1,572 832 984 995 1,112 1,637 1,246 1,464 Official creditors 884 542 863 904 1.029 1,326 1,198 1,274 Multilateral 282 310 299 295 345 544 328 377 Concessional 55 30 82 87 93 98 98 102 Bilateral 603 232 564 609 685 782 870 897 Concessional 214 121 497 539 603 689 766 788 Private creditors 687 290 121 91 83 312 48 190 of which: Bonds 1 0 0 0 0 0 0 0 Commercial banks 34 73 57 44 43 293 38 181 Private uonguaranteed 132 62 116 116 136 343 316 216 Bonds 0 0 0 0 0 0 100 0 Commercial banks and other 132 62 116 116 136 343 216 216 Memo: IDRD 176 198 87 72 72 77 77 77 IDA 7 14 23 29 34 37 38 41 INTEREST PAYMENTS (LINT) 1,007 1,252 619 688 729 638 62] 681 Public and publicly guaranteed 918 1,228 603 671 713 623 607 536 Official creditors 719 I, III 573 575 567 548 540 497 Multilateral 184 232 147 137 127 104 98 98 Concessional 14 23 34 34 34 33 34 31 Bilateral 535 889 425 437 440 444 442 398 Concessional 196 547 338 325 298 301 302 264 Pri vale creditors 199 106 31 96 146 75 67 40 of which: Bonds 0 0 0 63 127 65 61 30 Commercial banks 45 40 16 23 13 6 2 6 Private nonguaranteed 89 24 16 17 16 15 14 145 Bonds 0 0 12 12 12 12 12 78 Commercial banks and other 89 24 4 5 4 3 2 67 Memo: IDRD 138 114 41 34 28 24 22 21 IDA 7 7 9 9 10 10 12 11 142 EGYPT, ARAB REPUBLIC OF (US$ million, unless othenvise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 29.0 32.6 36.1 37.6 34.7 Japanese yen 8.2 13.1 13.7 11.3 11.9 12.3 12.4 11.7 Pound sterling 2.5 1.4 1.2 2.0 2.1 2.1 2.3 2.1 Swiss franc 3.0 2.7 2.1 1.9 2.1 2.2 2.3 2.1 U.S.dollars 41.8 34.5 40.1 43.7 39.3 35.1 33.4 37.2 Total amount rescheduled 0 309 22 0 0 I 1 I Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 260 13 3 1 1 1 0 Official 0 50 2 2 0 0 0 0 Private 0 210 11 1 1 I I 0 Interest rescheduled 0 49 I 0 0 0 0 0 Official 0 10 0 0 0 0 0 0 Private 0 39 1 0 0 0 0 0 Debt forgiven 10,576 35 25 0 0 0 0 0 Memo: interest forgiven 2,481 7 0 0 0 0 0 0 Debt stock reduction 0 13 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks -12.667 976 -1.858 146 669 1,381 -1,091 3.822 Net flows on debt -1,301 92 -702 73 -653 -1.071 -1.960 6,722 1,460 795 -899 -943 2.197 2,494 1,087 -2,063 ALL CREDITORS Interest (%) 5.3 3.1 5.3 8.4 2.2 2.7 2.0 3.7 Maturity (years) 25.5 21.8 16.4 8.5 10.1 12.2 16.1 8,5 Grace period (years) 6.9 6.6 4.7 8.4 3.1 3.9 4.9 3.7 Grant element (%) 36,0 47.9 27.9 8.1 31.7 37.7 46,8 24,2 Official creditors Interest (%) 4,7 3.1 4,7 0.8 2.2 2.7 1.7 2.8 Maturity (years) 28,2 22.0 21.8 49.8 10,1 12.2 17.9 17.6 Grace period (years) 7,6 6.6 5,5 10,3 3.1 3.9 5,2 7.0 Grant element 1%) 41.8 48.2 36.0 83.2 31.7 37.7 51.1 48.4 Private creditors 8.4 6.5 6,8 8.5 0.0 0,0 4.2 4.4 1l,5 4.3 3,0 8.4 0,0 0.0 2,9 2,1 3.4 2.4 2,9 8.4 0.0 0,0 2,8 1.5 6.9 7,7 7.8 7.9 0.0 0,0 13.3 7,5 2006 2007 2008 2009 2010 20ll 2012 2013 TOTAL Principal 1.948 1,976 2,365 2,023 2.758 3,694 2,173 2.160 Interest 760 732 694 632 574 464 365 317 Official creditors Principal 1,781 1.894 1,955 2,015 2,100 2,088 2,165 2,153 Interest 586 566 530 490 447 406 362 315 Bilateral creditors Principal 1,507 1,523 1,581 1,627 1,709 1.788 1,877 1,860 Interest 487 459 430 397 362 325 286 246 Multilateral creditors Principal 274 371 374 388 392 300 288 293 Interest 99 106 100 93 85 81 75 69 Private creditors Principal 167 82 410 8 657 1.606 7 7 Interest 174 167 164 142 127 57 3 2 Notes: Data on private nonguarantecd debt are World Bank staff estimates. 143 ELSALVADOR (US$ million, unless otherwise indicated) TOTAL DEBT STOCKS (EDT) 2,149 2,610 4,528 5,313 6,002 7,079 7,823 7,088 Long-term debt (LDOO) 1,938 2,084 2,883 3,406 4,838 5,320 6,043 5,513 Public and publicly guaranteed 1,913 2,080 2,771 3,249 4,710 5,211 5,383 4,760 Pri vale nonguaranteed 26 5 III 156 128 109 660 754 Use of IMF credit 0 0 0 0 0 0 0 0 Short-term debt 210 525 1,645 1,907 1,164 1,759 1,780 1,575 of which interest alTears on LDOD 7 3 0 0 0 0 0 0 Official creditors 7 2 0 0 0 0 0 0 Pri vate creditors 0 0 0 0 0 0 0 Memorandum items Principal anears on LDOD 6 6 0 0 0 0 0 0 Official creditors 6 I 0 0 0 0 0 0 Private creditors 0 5 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 108 195 362 730 1,565 615 871 762 Long-tenn debt 108 195 362 730 1,565 615 871 762 IMF purchases 0 0 0 0 0 0 0 0 Principal repayment" 124 160 153 168 190 221 279 240 Long-tenn debt 119 160 153 168 190 221 279 240 IMF repurchases 5 0 0 0 0 0 0 0 Net flows on debt 2 372 801 824 633 989 613 317 of which short-tenn debt 18 337 592 262 -743 595 21 -205 Interest payments (INT) 84 124 221 216 307 457 486 409 Long-tenn debt 75 102 147 160 221 293 302 308 IMF charges 0 0 0 0 0 0 0 0 Short-tenn debt 9 22 73 55 87 163 184 101 Net transfers on debt -83 249 580 608 325 533 127 -92 Total debt service paid (TDS) 208 284 374 384 497 677 765 649 Long-tenn debt 194 262 300 329 410 514 581 548 IMF repurchases and charges 5 0 0 0 0 0 0 0 Short-tenn debt (interest only) 9 22 73 55 87 163 184 101 ~.~~REG1\U!~1:Bl'!SOURQiFt.9jt~~~~ 'I'~~;~~N~~) NET RESOURCE FLOWS 151 175 455 994 1,950 638 1,081 1,167 Net flow of long-ternl debt (ex. IMF) -11 35 209 562 1,376 394 592 522 Foreign direct investment (net) 2 38 173 279 470 141 376 517 Portfolio equity flows 0 0 0 2 -2 0 0 0 Grants (excluding technical coop.) 160 102 72 150 107 103 113 127 Memo: technical coop. grants 127 130 85 89 107 122 137 86 NET TRANSFERS 44 73 248 760 1,640 260 698 672 Interest onlong-tenn debt 75 102 147 160 221 293 302 308 Profit remittances on FDI 31 0 60 73 89 85 82 187 3.MJ\j.OR E(ZONOM1C AGGUGA~ Gross national income (GNI) 4,699 9,404 12,881 13,547 13,983 14,624 15,362 16.403 Exports of goods, serv. & inc. (XGS) 1.360 3,154 5,554 5,675 5,897 6,347 7,103 7,586 Worker remit. & compo of employees 366 1,064 1,765 1,926 1,953 2,122 2,564 2,842 Imports of goods & services (MGS) 1,785 3,744 6,031 6,213 6390 7,058 7,755 8,406 International reserves (RES) 595 940 1.901 1,723 1,634 1,988 1,938 1,890 CUlTent account balance -152 -262 -431 -150 -405 -702 -632 -786 4.D.B'J'~J(;:ATOR$ EDT /XGS (%) 158.0 82.7 81.5 93.6 101.8 111.5 110.1 93.4 EDT I GNI (%) 45.7 27.8 35.2 39.2 42.9 48.4 50.9 43.2 TDS IXGS (%) 15.3 9.0 6.7 6.8 8.4 10.7 10.8 8.6 !NT IXGS (%) 6.2 3.9 4.0 3.8 5.2 7.2 6.8 5.4 !NT / GNI (%) 1.8 L3 1,7 1.6 2.2 3.1 3.2 2.5 RES I EDT (%) 27.7 36.0 42.0 32.4 27.2 28.1 24.8 26.7 RES I MGS (months) 4.0 3.0 3.8 3.3 3.1 3.4 3.0 2.7 Short -term I EDT (% ) 9.8 20.1 36.3 35.9 19.4 24.8 22.8 22.2 Concessionall EDT (%) 56.3 42.6 24.8 20.3 17.9 15.8 13.9 13.9 Multilateral/EDT (%) 36.6 52.8 41.1 37.3 36.6 32.9 28.6 32.7 144 ELSALVADOR (US$ million, unless otherwise indicated) 2000 2004 2005 DEBT OUTSTANDING (LDOD) 1,938 2,084 2,883 3,406 4,838 5,320 6,043 5,513 Public and publicly guaranteed 1,913 2,080 2,771 3,249 4,710 5,211 5,383 4,760 Oftlcial creditors 1,729 1,971 2,437 2,555 2,770 2,929 2,819 2,822 Multilateral 786 1,377 1,863 1,983 2,196 2,326 2,240 2,315 Concessional 414 623 607 582 562 561 541 497 Bilateral 943 594 574 572 574 604 579 507 Concessional 795 490 515 497 513 557 546 489 Private creditors 184 \09 335 694 1,941 2,281 2,564 1,937 of which: Bonds 0 0 202 558 ],809 2,158 2,451 1,845 Commercial banks 127 74 102 109 99 86 73 58 Private nonguaranteed 26 5 111 156 128 109 660 754 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 26 5 111 156 128 \09 660 754 Memo: IBRD 140 307 309 334 371 372 348 436 IDA 23 20 16 15 14 14 13 12 Public sector LDOD 1,905 2,073 2,766 3,244 4,706 5.206 5,378 4,756 Private sector LDOD 34 11 117 161 132 114 664 757 DlSBUR.."iEMENTS 108 195 362 730 1,565 615 871 762 Public and publicly guaranteed 108 195 311 670 1.564 608 399 652 Official creditors 77 190 171 300 310 260 104 277 Multilateral 44 166 150 246 298 219 \02 275 Concessional 33 32 4 2 I I 1 0 Bilateral 33 25 21 54 12 41 2 I Concessional 18 24 21 26 II 41 2 1 Pri vate creditors 30 5 140 370 1,254 349 295 375 of which: Bonds 0 0 52 356 1,252 349 294 375 Commercial banks 25 5 87 15 3 0 I 0 Private nonguaranteed 0 0 51 60 1 7 473 110 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 51 60 1 7 473 IJO Memo: lBRD 2 26 34 49 63 38 16 129 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 119 160 153 168 190 221 279 240 Public and publicly guaranteed 105 157 120 153 160 196 257 223 Official creditors 94 124 116 144 147 182 242 207 Multilateral 57 78 85 111 109 137 205 166 Concessional 11 13 22 24 25 28 30 29 Bilateral 37 45 31 33 38 45 38 41 Concessional 8 19 19 22 23 31 24 27 Pri vate creditors II 33 4 9 13 14 15 16 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 9 25 4 9 12 13 14 14 Private nonguaranteed 14 3 33 15 30 25 22 17 Bonds 0 0 0 0 0 () 0 0 Commercial banks and other 14 3 33 15 30 25 22 17 Memo: IBRD 15 21 17 24 27 37 41 40 IDA 1 1 1 I 1 1 1 1 INTEREST PAYMENTS (LINT) 75 102 147 160 221 293 302 308 Public and publicly guaranteed 72 101 141 154 212 286 296 298 Official creditors 62 92 123 125 112 122 109 109 Multilateral 50 62 102 J06 94 104 91 93 Concessional 8 II 11 1l 11 12 12 11 Bilateral 13 30 21 19 19 18 18 16 Concessional 9 16 15 14 J4 14 15 14 Private creditors 9 9 18 29 100 164 188 189 of which: Bonds 0 0 17 19 91 156 180 183 Commercial banks 8 7 I 9 9 8 7 6 Private nonguaranteed 3 0 7 6 8 7 5 10 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 3 0 7 6 8 7 5 10 Memo: IBRD 14 22 24 24 19 17 12 14 IDA 0 0 0 0 0 0 0 0 145 ELSALVADOR (US$ million, unless otherwise indicated) 1990 1995 2000 2001 ZOOZ 2003 Euro 2.8 2.2 2.4 2.4 2.2 Japanese yen 1.3 1.7 5.3 4.3 3.4 3.5 3.4 3.2 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 56.5 50.7 71.1 76.5 83.3 84.1 84.9 84.9 1, DEBT RESTRUCTURINGS Total amount rescheduled 86 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 42 0 0 0 0 0 0 0 Official 39 0 0 0 0 0 0 0 Private 3 0 0 0 0 0 0 0 Interest rescheduled 43 0 0 0 0 0 () 0 Official 38 0 0 0 0 0 0 0 Private 5 0 0 0 0 0 0 0 Debt forgiven 0 0 17 () 0 () 0 0 Memo: interest forgiven 0 () () () 0 0 0 0 Debt stock reduction () () () () 0 0 0 0 of which debt buyback 0 0 0 0 0 0 0 0 8.J)EB1'.S'.f'O(.;K..FLOW RECONCILIATION: ..... Total change in deht stocks 67 400 735 785 689 1,077 743 -734 Net flows on debt 2 372 801 824 633 989 613 317 Cross-currency valuation 7 49 -41 -40 52 64 23 48 !J.AVJlRAGlll TElUiS OF NEW'COMMlTMENtS" ALL CREDITORS Interest (%) 4.6 6.5 8.2 7.9 7.5 6.7 7.3 6.3 Maturity (years) 29.8 22.6 15.2 15.7 20.6 20.1 28.5 25.7 Grace period (years) 7.2 5.2 3.8 6.1 17.8 14.5 27.9 18.3 Grant element (%) 45.5 22.6 10.4 12.0 17.2 23.2 23.5 26.8 Official creditors Interest (%) 3.2 6.5 7.1 7.3 5.3 4.9 1.7 4.6 Maturity (years) 35.6 21.9 20.0 22.0 17.4 20.5 14.4 19.6 Grace period (years) 8.8 5.1 4.5 2.0 4.8 5.8 4.9 2.5 Grant element (%) 56.6 22.6 17.9 16.6 29.0 32.5 48.6 32.8 Private creditors Interest (%) 10.4 6.4 9.7 8.5 8.1 7.8 7.6 7.7 Maturity (years) 5.0 29.0 8.8 9.9 21.4 19.8 29.3 30.4 Grace period (years) 0.5 6.7 3.0 9.8 21.4 19.8 29.3 30.4 Grant element (%) -1.4 22.1 0.2 7.9 14.0 17.5 21.9 22.2 to. (1()frfTkll~~QllLJc;AtJONS ON.QtlTSTAlSJ)lNG~~~l)J!;j'f 2006 2007 2008 2009 2010 TOTAL Principal 516 415 376 347 338 551 213 193 Interest 285 266 255 246 236 226 197 188 Official creditors Principal 238 245 249 226 222 216 211 191 Interest 130 124 116 107 99 89 80 70 Bilateral creditors Principal 35 29 30 28 28 27 26 27 Interest 15 14 13 12 II 10 9 9 Multilateral creditors Principal 203 216 219 198 194 189 185 165 Interest 114 110 !O3 96 88 79 70 62 Private creditors Principal 279 l70 127 122 116 335 1 I Interest 155 142 139 138 138 137 118 117 Notes: Long-tern) private nonguaranteed debt data are World Bank staff estimates. 146 EQUATORIAL GUINEA (US$ million, unless othel11:ise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 TOTAL DEBT STOCKS (EDT) 241.1 291.8 247.8 238.9 266.4 319.3 290.9 266.3 Long-term debt (LDOD) 209.2 229.6 198.9 192.1 209.1 227.7 244.4 223.9 Public and publicly guaranteed 209.2 229.6 198.9 192.1 209.1 227.7 244.4 223.9 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Use of IMF credit 5.8 18.9 4.9 2.2 1.1 0.3 0.0 0.0 Short-term debt 26.0 43.4 44.0 44.6 50.1 91.3 46.6 42.4 of which interest arrears on LDOD 19.7 41.4 36.0 35.5 39.5 44.3 46.6 42.4 Official creditors 17.3 35.9 32.0 31.6 35.0 39. I 41.0 37.5 Pri vate creditors 2.3 5.4 4.0 3.9 4.4 5.2 5.6 4.9 Memorandum items Principal arrears on LDOD 28.4 94.5 94.7 96.2 106.9 117.4 122.2 113.6 Official creditors 24.4 77.8 82.4 84.2 93.2 101.3 105.0 98.5 Pri vale creditors 4.0 16.7 12.3 12.1 13.7 16.1 17.3 15.2 TOTAL DEBT FLOWS Disbursements 9.9 2.2 1.7 0.3 2.0 1.1 0.4 1.2 Long-term debt 9.9 2.2 1.7 0.3 2.0 !.l 0.4 1.2 IMP purchases 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal repayments 4.2 1.3 4.1 3.6 2.5 4.7 4.0 3.0 Long-term debt 0.6 0.2 1.4 1.0 1.3 3.8 3.7 3.0 IMP repurchases 3.6 1.1 2.7 2.6 1.2 0.9 0.3 0,0 Net flows on debt 9.7 -8.1 -12.3 -2.2 1.1 32.7 -50.5 -1.8 of which short-term debt 4,0 -9.0 -10.0 1.1 1.6 36.3 -47.0 0.0 Interest payments (INT) 0.9 0.8 1.2 1.0 1.1 2.6 1.0 0.9 Long-term debt 0.5 0.4 0.8 0.6 0.7 1.0 1.0 0.9 IMP charges 0.2 0.1 0.0 0.0 0.0 0.0 0.0 0.0 Short-term debt 0.2 0.3 0.4 0.4 0.4 1.6 0,0 0,0 Net transfers on debt 8.8 -8.9 -13.5 -3.2 -0.1 30.1 -51.5 -2.7 Total debt service paid (TDS) 5.1 2.1 5.3 4.6 3.6 7.3 4.9 3.9 Long-term debt 1.1 0.6 2.2 1.6 2.0 4.8 4.7 3.9 IMP repurchases and charges 3.8 1.2 2.7 2.6 1.2 0.9 0.3 0.0 Short-term debt (interest only) 0.2 0.3 0.4 0.4 0.4 1.6 0.0 0.0 NET RESOURCE FLOWS 63.9 144.0 126.0 959.7 336.5 1439.5 1697.8 1880.9 Net flow of long-term debt (ex. IMP) 9.4 2.0 0.3 -0.7 0.7 -2.7 -3.2 -1.8 Foreign direct investment (net) 11.1 126.9 107.8 945.0 323.4 1430.7 1664.1 1860.0 Portfolio equity nows 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grants (excluding technical coop.) 43.5 15.0 17.9 15.4 12.5 11.6 37.0 22.7 Memo: technical coop. grants 12.9 17.2 7.9 4.9 9.8 12.3 \3.0 17.0 NET TRANSF'ERS 63.4 143.6 125.2 959.1 335.8 1438.5 1696.8 1880.0 Interest on long-term debt 0.5 0.4 0.8 0.6 0.7 1.0 1.0 0.9 Profit remittances on FDI 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Gross national income (GNI) 123.5 153.1 448.0 454.3 Exports of goods. servo & inc. (XGS) 42.3 94.2 Worker remit. & compo of employees 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 hnports of goods & services (MGS) 99.2 221.1 International reserves (RES) 0.7 0.0 23.0 70.9 88.5 237.7 945.0 2102.5 Current account balance -19.0 -123.4 EDT IXGS (%) 569.6 309,8 EDT I GNI (%) 195.2 190.7 55.3 52.6 TDS I XGS (%) 12.1 2.2 INT I XGS (%) 2.2 0.8 !NT IGNI (%) 0.8 0.5 0.3 0.2 RES I EDT (%) 0.3 0.0 9.3 29.7 34.0 74.4 324.8 789.5 RES I MGS (months) 0.1 0.0 Short-term I EDT (%) 10.8 14.9 17.8 18.7 19.2 28.6 16.0 15.9 Concessional / EDT (%) 49.0 50.7 55.3 55.3 55.0 48.2 54.0 54.5 Multilateral I EDT (%) 27.9 34.7 37.8 37.3 37.5 33.4 41.2 41.0 147 EQUATORIAL GUINEA (US$ million, unless otherwise indicated) 1990 2000 DEBT OUTST Al\1JING (LDOD) 209.2 229.6 198.9 192.1 209.1 227.7 244.4 223.9 Public and publicly guaranteed 209.2 229.6 198.9 192.1 209.1 227.7 244.4 223.9 Official creditors 191.5 212,8 186,5 180,0 195,5 211.6 227,1 208,7 Multilateral 67.4 101,4 93,6 89.1 97,6 106,7 119,8 109.2 Concessional 51.6 88,2 85.8 81.8 89.7 98,1 101.2 92,9 Bilateral 124.1 111.5 92.9 90.9 97,9 104.9 107.3 99.5 Concessional 66.4 59.8 51.2 50,3 53.4 55.6 55.8 52.2 Pri vale creditors 17.8 16.8 12.3 12.1 13.7 16.1 17.3 15.2 of which: Bonds 0.0 0,0 0,0 0.0 0.0 0,0 0,0 0.0 Commercial banks 0,0 0.0 0,0 0,0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0,0 0,0 0,0 0,0 0,0 0,0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0,0 0.0 0,0 0.0 0.0 Memo: IBRD 0,0 0,0 0,0 0,0 0,0 0,0 0.0 0,0 IDA 37.6 53,1 47.3 45.0 47.9 51.7 53.3 48.3 Public sector LDOD 209,2 229,6 198.9 192.1 209.1 227.7 244.4 223,9 Private sector LDOD 0,0 0,0 0,0 0,0 0,0 0.0 0,0 0,0 DISBURSEMENTS 9.9 2.2 1.7 0.3 2.0 1.1 0.4 1.2 Public and publicly guaranteed 9.9 2.2 1.7 0.3 2.0 1.1 0.4 1.2 Official creditors 9.9 2.2 1.7 0,3 2.0 1.1 0.4 1.2 Multilateral 3.7 2,2 1.7 0.3 2,0 1.1 0.4 1.2 Concessional 3.1 2.2 1.7 0,3 2.0 l.l 0.4 1.2 Bilateral 6.3 0,0 0.0 0.0 0,0 0.0 0,0 0.0 Concessional 6.3 0,0 0.0 0.0 0,0 0,0 0,0 0.0 Private creditors 0,0 0.0 0,0 0.0 0.0 0.0 0,0 0,0 of which: Bonds 0.0 0,0 0,0 0.0 0.0 0,0 0.0 0.0 Commercial banks 0,0 0.0 0.0 0,0 0,0 0.0 0,0 0,0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0,0 0.0 0,0 0,0 0,0 0.0 0.0 Commercial banks and olhcr 0.0 0.0 0,0 0,0 0,0 0.0 0.0 0.0 Memo: lBRD 0.0 0.0 0.0 0,0 0,0 0,0 0,0 0,0 IDA 2.0 2.2 0.0 0,0 0.0 0.0 0,0 0,0 PRINCIPAL REP A YMENTS 0.6 0.2 1.4 1.0 1.3 3.8 3.7 3.0 Public and publicly guaranteed 0.6 0.2 1.4 1.0 1.3 3.8 3.7 3.0 Official creditors 0.6 0,2 1.4 1.0 1.3 3.8 3.7 3,0 Multilateral 0.5 0.2 1.0 1.0 1.3 2.0 2.1 2.1 Concessional 0.5 0.2 0.6 0,6 LO 1.3 1.5 1.8 Bilateral 0.1 0.0 0.4 0.0 0.0 1.8 1.6 0,9 Concessional 0.0 0.0 0.4 0.0 0,0 1.8 1.5 0.8 Private creditors 0,0 0.0 0,0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0,0 Commercial banks 0.0 0,0 0.0 0.0 0,0 0.0 0,0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0,0 Commercial banks and other 0.0 0,0 0.0 0,0 0,0 0.0 0,0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0,0 0.0 0,0 IDA 0.0 0.2 0.4 05 0,5 0.7 0.8 I.l INTEREST PAYMENTS (LINT) 0.5 0.4 0.8 0.6 0.7 1.0 1.0 0.9 Public and publicly guaranteed 0.5 0.4 0.8 0.6 0.7 1.0 1.0 0.9 Official creditors 0,5 0.4 0.8 0.6 0.7 1.0 l.0 0.9 Multilateral 0.3 0.4 0.8 0.6 0.7 0.8 0.8 0.8 Concessional 0.3 0.4 0.6 0.5 0,6 0,7 0.7 0.7 Bilateral 0,1 0.0 0.0 0.0 0,0 0,2 0.2 0.2 Concessional 0.1 0.0 0.0 0.0 0.0 0.2 0.2 0,2 Private creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0,0 0,0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0,0 0.0 0.0 0.0 0.0 0,0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0,0 0.0 0.0 Commercial banks and other 0.0 0,0 0.0 0.0 0.0 0,0 0.0 0.0 Memo: IBRD 0,0 0.0 0,0 0,0 0,0 0.0 0.0 0,0 IDA 0.2 0.4 0.4 0.4 0.4 0.4 0.4 0.4 148 EQUATORIAL GUINEA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Emu 26.5 28.7 31.2 30.8 28.6 Japanese yen 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 OJ) 0.0 0.0 0.0 0.0 0.0 U.S.dollars 37.8 40.7 43.9 44.2 42.0 40.1 37.9 39.1 Total amount rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt stock rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Interest rescheduled 0.0 0.0 0.0 D.O O.D D.O 0.0 D.D Official 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private 0.0 D.D O.D 0.0 0.0 D.D O.D 0.0 Debt forgiven 18.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: interest forgiven 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt stock reduction 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which debt buyback 0.0 O.D 0.0 0.0 D.O 0.0 0.0 0.0 Total cbange in debt stocks 4.3 -23.3 -8.9 21.5 58.9 -28.4 ·24.6 Net flows on debt -8.1 -12.3 -2.2 1.1 32.7 -50.5 ·1.8 6.7 -7.9 -5.6 13.2 18.2 18.0 -15.4 ALL CREDITORS Interest (%) 0.9 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 38.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period (years) 10.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element (0/0) 77.5 0.0 0.0 0.0 D.O 0.0 0.0 0.0 Official creditors Interest (0/0) 0.9 0.0 0.0 0.0 O.D D.O D.O 0.0 !vIaturity (years) 38.2 O.D O.D O.D 0.0 0.0 O.D D.D Grace period (years) 10.1 D.D 0.0 D.O O.D 0.0 0.0 0.0 Grant clement (0/0) 77.5 0.0 O.D 0.0 0.0 0.0 0.0 0.0 Private creditors Interest (%) 0.0 0.0 O.D O.D 0.0 O.D 0.0 0.0 Maturity (years) 0.0 0.0 0.0 0.0 O.D O.D 0.0 O.D Grace period (years) D.O 0.0 O.D 0.0 0.0 0.0 0.0 O.D Grant element (%) 0.0 0.0 O.D 0.0 0.0 0.0 0.0 0.0 2006 2007 2008 2009 2010 TOTAL Principal 3.5 3.8 4.0 4.0 4.0 3.7 3.7 3.8 Interest 0.8 0.8 0.7 0.7 0.7 0.6 0.6 0.6 Official creditors Principal 3.5 3.8 4.0 4.0 4.D 3.7 3.7 3.8 Interest D.8 0.8 0.7 0.7 0.7 0.6 0.6 D.6 Bilateral creditors Principal 0.8 0.8 0.7 0.7 0.6 0.6 0.6 0.6 Interest 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 Multilateral creditors Principal 2.7 3.0 3.3 3.4 3.4 3.1 3.1 3.2 Interest 0.7 0.7 D.6 0.6 0.6 0.6 0.5 0.5 Private creditors Principal 0.0 0.0 0.0 0.0 D.O O.D 0.0 0.0 Interest 0.0 0.0 0.0 0.0 0.0 D.O 0.0 0.0 Notes: Data on long-term public and publicly guaranteed debt for 2DOS are estimates based on the original terms of the loans. 149 ERITREA (US$ million, unless other"1!ise indicated) 1995 2000 TOTAL DEBT STOCKS (EDT) 36.7 311.1 413.9 520.3 634.6 718.2 735.5 Long-term debt (LDOD) 36.7 298.0 394.8 489.2 605.1 704.0 723.0 Public and publicly guaranteed 36.7 298.0 394.8 489.2 605.1 704.0 723.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Use of IMF credit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short-term debt 0.0 13.1 19.1 31.1 29.4 14.2 12.6 of which interest arrears on LDOD 0.0 2.0 0.9 0.9 2A 1.7 1.6 Official credi tors 0.0 2.0 0.9 0.9 2A 1.7 lA Private creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.2 Memorandum items Principal arrears on LDOD 0.0 4.9 3.2 7.0 13.8 28.0 13.9 Official creditors 0.0 4.9 3.2 7.0 13.8 28.0 13.9 Private creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 TOTAL DEBT FLOWS Disbursements 7.2 50.7 103.9 75.9 89.4 92.7 70.6 Long-term debt 7.2 50.7 103.9 75.9 89A 92.7 70.6 IMF purchases 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal repayments 0.0 0.5 0.7 2.6 5.8 10.4 11.8 Long-term debt 0.0 0.5 0.7 2.6 5.8 10.4 11.8 IMF repurchases 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Net flows on debt 7.2 61.2 110.3 85.4 80.4 67.9 57.4 of which short·term debt 0.0 1\.0 7.0 12.0 -3.2 -14.5 -1.5 Interest payments (11'11) 0.2 2.8 6.1 6.7 6.0 9.0 8.8 Long-term debt 0.2 2.5 SA 6.3 5.0 8.6 8A IMF charges 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short-term debt 0.0 0.3 0.7 0.4 0.9 0.5 0.4 Net transfers on debt 7.1 58.4 104.2 78.6 74.4 58.9 48.5 Total debt service paid (TDS) 0.2 3.3 6.8 9.4 11.8 19.4 20.6 Long-term debt 0.2 3.0 6.1 8.9 10.9 18.9 20.2 IMF repurchases and charges 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short-term debt (interest only) 0.0 0.3 0.7 0.4 0.9 0.5 0.4 NET RESOL'RCE FLOWS 110.4 182.5 262.7 215.4 310.6 259.8 307.3 Net flow of long-term debt (ex. IMF) 7.2 50.2 103.3 73.3 83.6 82.4 58.9 Foreign direct investment (net) 0.0 27.9 12.1 20.0 22.0 -7.9 11.4 Portfolio equity flows 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grants (excluding technical coop.) 103.2 104.3 147.3 122.1 205.0 185.3 237.1 Memo: technical coop. grants 42.7 22.1 3 \.6 32.0 41.1 32.7 26.1 NET TRANSFERS 110.3 175.6 257.3 209.1 305.6 251.3 298.9 lmerest on long-term debt 0.2 2.5 5.4 6.3 5.0 8.6 804 Profit remittances on FDI 0.0 4.4 0.0 0.0 0.0 0.0 0.0 Gross national income (GND 585.6 634.1 668.4 624.6 574.3 619.7 962.0 Exports of goods. servo & inc. (XGS) 106.9 Worker remit. & compo of employees 0.0 3.0 0.0 0.0 0.0 0.0 0.0 Imports of goods & services (MGS) 510.3 International reserves (RES) 40.5 36.1 50.4 30.3 24.7 34.7 27.9 Current account balance -31.6 -104.7 EDT IXGS (%) 291.1 EDT I GNI(%) 6.3 49.1 61.9 83.3 110.5 115.9 76.5 TDS I XGS (%) 3.1 rr-ll XGS (%) 2.6 }NT I GNI(%) 0.0 0.4 0.9 1.1 1.0 1.5 0.9 RES I EDT (%) 1l0A 11.6 12.2 5.8 3.9 4.8 3.8 RES I MGS (months) 0.8 Short-term I EDT (%) 0.0 4.2 4.6 6.0 4.6 2.0 1.7 Concessionall EDT (%) 100.0 90.5 91.6 90.9 92.7 90.4 91.7 Multilateral I EDT (%) 66.3 48.8 56.9 60.1 65.1 67.1 69.4 150 ERITREA (US$ million. unless otherwise indicated) 2000 DEBT OUTSTANDING (LDOD) 36.7 298.0 394.8 489.2 605.1 704.0 723.0 Public and publicly guaranteed 36.7 298.0 394.8 489.2 605.1 704.0 723.0 Official creditors 36.7 298.0 394.8 489.2 605.1 666.1 690.1 Multilateral 24.3 151.9 235.5 312.6 413.1 481.7 510.1 Concessional 24.3 144.9 229.4 305.9 405.7 474.4 504.4 Bilateral 12.4 146.1 159.4 176.6 192.0 184.4 180.0 Concessional 12.4 136.5 149.7 166.9 182.4 174.7 170.4 Private creditors 0.0 0.0 0.0 0.0 0.0 37.9 32.9 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 24.3 84.5 158.3 218.6 301.4 352.0 381.1 Public sector LDOD 36.7 298.0 394.8 489.2 605.1 704.0 723.0 Private sector LDOD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 DISBURSEMENTS 7.2 50.7 103.9 75.9 89.4 92.7 70.6 Public and publicly guaranteed 7.2 50.7 103.9 75.9 89.4 92.7 70.6 Official creditors 7.2 50.7 103.9 75.9 89.4 58.1 70.6 Multilateral 5.4 39.2 90.3 59.3 72.2 56.6 70.0 Concessional 5.4 38.1 90.3 59.3 72.2 56.6 70.0 Bilateral 1.8 11.5 13.7 16.7 17.2 1.5 0.6 Concessional 1.8 11.5 13.7 16.7 17.2 1.5 0.6 Pri vate creditors 0.0 0.0 0.0 0.0 0.0 34.6 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 5.4 31.6 78.2 46.2 58.7 35.6 57.3 PRINCIPAL REPAYME~'TS 0.0 0.5 0.7 2.6 5.8 10.4 11.8 Public and publicly guaranteed 0.0 0.5 0.7 2.6 5.8 10.4 11.8 Olficial creditors 0.0 0.5 0.7 2.6 5.8 10.4 11.8 Multilateral 0.0 0.5 0.7 1.5 2.7 4.1 6.5 Concessional 0.0 0.0 0.2 1.0 2.1 3.4 5.9 Bilateral 0.0 0.0 0.0 1.1 3.1 6.2 5.2 Concessional 0.0 0.0 0.0 l.l 3.1 6.2 5.2 Private creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 0.0 0.0 0.0 0.0 0.2 0.5 0.5 INTEREST PAYMENTS (LINT) 0.2 2.5 5.4 6.3 5.0 8.6 8.4 Public and publicly guaranteed 0.2 2.5 5.4 6.3 5.0 8.6 8.4 Official creditors 0.2 2.5 5.4 6.3 5.0 8.6 8.4 Multilateral 0.2 1.3 2.8 3.7 3.4 5.4 5.9 Concessional 0.2 1.2 2.7 3.6 3.2 5.2 5.8 Bilateral 0.0 1.2 2.5 2.6 1.7 3.2 2.5 Concessional 0.0 1.2 2.5 2.6 1.7 3.2 2.5 Pri vate creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 0.2 0.4 0.8 1.3 1.8 3.3 3.0 151 ERITREA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 1.5 1.4 1.2 6.4 5.3 Japanese yen 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 66.3 57.0 65.4 66.4 69.5 66.7 68.5 Total amount rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt stock rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Interest rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt forgiven 0.0 0.0 0.0 OJ) 0.0 0.0 0.0 Memo: interest forgiven 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt stock reduction 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of whicb debt 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Total change in debt stocks 58.4 102.8 106.4 114.2 83.6 17.3 Net flows on debt 61.2 110.3 85.4 80.4 67.9 57.4 -5.6 17.3 30.2 15.1 -34.6 ALL CREDITORS Interest (%) 2.0 0.7 1.2 0.9 0.8 0.7 1.0 Maturity (years) 23.9 39.7 34.6 37.5 40.0 36.2 24.3 Grace period (years) 5.6 10.4 9.2 9.4 10.5 16.5 3.8 Grant element (%) 56.6 80.8 69.8 77.1 80.9 82.6 61.3 Official creditors Interest (%) 2.0 0.7 1.2 0.9 0.8 0.8 1.0 Maturity (years) 23.9 39.7 34.6 37.5 40.0 36.3 24.3 Grace period (years) 5.6 10.4 9.2 9.4 10.5 8.8 3.8 Grant element (%) 56.6 80.8 69.8 77.1 80.9 76.2 61.3 Private creditors Interest (%) 0.0 0.0 0.0 0.0 0.0 0.5 0.0 Maturity (years) 0.0 0.0 0.0 0.0 0.0 36.1 0.0 Grace period (years) 0.0 0.0 0.0 0.0 0.0 24.6 0.0 Grant element (%) 0.0 0.0 0.0 0.0 0.0 89.3 0.0 J:'c"' '"-Ł>:/"c'>; ,--'~- /;,'- "' '~'\;";:'----f~}::~ ~<;~>-;:-:'~:-:~--:-':'~-:- 'i<::-;';·:';'---' - ",':~ -\~ - 2006 2007 2008 2009 2010 2011 2012 2013 TOTAL Principal 17.1 18.6 19.7 20.6 22.4 25.7 26.3 26.4 Interest 7.7 7.6 7.5 7.3 7.0 6.7 6.3 5.9 Official creditors Principal 17.1 18.6 19.7 20.6 22.4 25.7 26.3 26.4 Interest 7.5 7.5 7.3 7.1 6.9 6.5 6.1 5.7 Bilateral creditors Principal 9.7 10.6 10.2 10.4 11.8 [1.9 11.8 11.6 Interest 2.6 2.5 2.3 2.2 2.1 1.9 1.7 1.5 Multilateral creditors Principal 7.4 7.9 9.5 10.2 10.6 13.7 14.6 14.9 Interest 4.9 5.0 5.0 4.9 4.8 4.7 4.5 4.3 Private creditors Principal 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Interest 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 Notes: 152 ESTONIA (US$ million, unless otherwise indicated) 1995 2000 2001 2004 2005 TOTAL DEBT STOCKS (EDT) 286 2,569 2,852 4,741 6,972 10,008 11,255 Long-term debt (LDOD) 165 1,606 1,810 3,151 4,530 7,009 7,256 Public and publicly guaranteed 159 210 187 482 560 562 435 Private nonguaranteed 6 1,395 1,623 2,669 3,970 6,447 6,821 Use of IMF credit 92 19 13 0 0 0 0 Short-term debt 30 944 1,029 1,590 2,442 2,999 3,999 of which interest arrears on LDOD 0 0 0 0 0 0 0 Official creditors 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 0 0 0 0 0 0 0 Official creditors 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 81 324 284 1,811 2,116 3,536 1,606 Long-term debt 49 324 284 1,811 2,116 3,536 1,606 IMF purchases 32 0 0 0 0 0 0 Principal repayments 7 305 247 586 940 1,115 1,207 Long-term debt 5 300 242 572 940 1,115 1,207 IMP repurchases I 5 5 14 0 0 0 Net nows on debt 96 110 122 1,785 1,738 2,978 1,399 of which short -term debt 22 91 85 561 563 557 1,000 Interest payments (INT) 14 123 136 197 280 335 384 Long-term debt 9 77 93 157 205 245 264 IMF charges 5 1 J 0 0 0 0 Short-term debt I 45 42 40 75 90 120 Net transfers on debt 82 -13 -14 1,589 1,458 2,643 1,015 Total debt service paid (TDS) 21 428 383 783 1,220 1,451 1,591 Long-term debt 14 377 335 729 \,145 1.361 1.471 IMF repurchases and charges 6 6 6 14 0 0 0 Short-term dcbt (interest only) 1 45 42 40 75 90 120 NET RESOURCE FLOWS 275 433 662 1,625 2,278 3,690 2,047 Net flow of long-term debt (ex. IMF) 44 24 42 1,238 1,176 2,421 399 Foreign direct investment (net) 201 387 542 285 919 972 2,997 Portfolio equity flows 10 -29 32 53 III 176 -l.349 Grants (excluding technical coop.) 20 50 45 49 73 120 0 Memo: technical coop, grants 37 12 10 9 11 IS 0 NET TRANSFERS 240 151 258 1,072 1,445 2,582 717 Interest on long-term debt 9 77 93 157 205 245 264 Profit remittances on PDI 26 205 311 397 629 862 1.066 Gross national income (GNT) 4,333 5,269 5,696 6,716 8,658 10,607 12,408 Exports of goods, serv. & inc, (XGS) 2,637 4,903 5,151 5.424 7,079 9,261 11.618 Worker remit. & comp. of employees 1 3 9 19 51 167 265 Imports of goods & services (MGS) 2,921 5,287 5,558 6,262 8342 10,831 13,153 International reserves (RES) 583 923 822 1,003 1,377 1,792 1,947 Current account balance -158 -299 -325 -779 -1,115 -1,458 -1,445 EDT! XGS (%) 10,9 52.4 55.4 87.4 98.5 108.1 96.9 EDT I GNI(%) 6.6 48.8 50.1 70.6 80.5 94.4 90,7 TDS I XGS (%) 0.8 8.7 7.4 14.4 17.2 15.7 13.7 !NT I XGS (%) 0,5 2.5 2.6 3,6 4.0 3.6 3,3 !NT! GNI (%) 0.3 2.3 2.4 2,9 3.2 3.2 3.1 RES I EDT (%) 203.5 35.9 28.8 21.2 19.7 17.9 17.3 RES I MGS (months) 2.4 2.1 1.8 1.9 2,0 2.0 1.8 Short-term! EDT (%) lOA 36.8 36.1 33.5 35.0 30.0 35.5 Concessional I EDT (%) 0.0 0.0 0.0 0,0 0,0 0.0 0.0 Multilateral! EDT (%) 37.7 4.1 3.2 1A 1.2 0.8 0.6 153 ESTONIA (US$ million, unless otherwise indicated) 1995 2000 j'$l;t()N(j..TJ!lll.l\1, ,DEBT DEBT OUTSTANDIN(; (LDOD) 165 1,606 1,810 3,151 4,530 7,009 7,256 Public and pnblicly gnaranteed 159 210 187 482 560 562 435 Official creditors 141 141 128 87 108 111 72 Multilateral 108 105 91 66 84 83 64 Concessional 0 0 0 0 0 0 0 Bilateral 33 36 37 21 24 28 8 Concessional 28 26 23 0 0 0 0 Private creditors 19 69 59 395 452 451 362 of which: Bonds 0 31 29 350 402 409 354 Commercial banks 2 36 28 28 26 16 8 Private nonguaranteed 6 1,395 1,623 2,669 3,970 6,447 6,821 Bonds 0 232 291 245 413 1.303 1.239 Commercial banks and other 6 1,164 1,332 2,424 3,557 5,144 5,583 Memo: lBRD 50 71 65 39 49 49 38 IDA 0 0 0 0 0 0 0 Public sector LDOD 159 174 160 459 544 556 435 Private sector LDOD 6 1,432 1,650 2,692 3,986 6,453 6,821 DISBURSEMENTS 49 324 284 1,811 2,116 3,536 1,606 Public and publicly guaranteed 49 45 13 316 17 3 0 Official creditors 45 9 II 14 11 3 0 Multilateral 39 4 7 8 10 0 0 Concessional 0 0 0 0 0 0 0 Bilateral 6 4 4 6 I 3 0 Concessional 5 0 0 0 0 0 0 Pri vale creditors 4 36 2 302 6 0 0 of which: Bonds 0 0 0 283 0 0 0 Commercial banks 2 36 2 3 2 0 0 Private nonguaranteed 0 280 271 1,495 2,099 3,534 1,606 Bonds 0 139 62 0 339 912 0 Commercial banks and other 0 141 209 1,495 1,760 2,621 1,606 Memo: lBRD 18 4 6 5 6 0 0 IDA () 0 0 0 0 () () PRINCIPAL REPAYMENTS 5 300 242 572 940 1,115 1,207 Public and publicly guaranteed 3 27 28 81 34 42 56 Official creditors 0 25 19 71 7 8 26 Multilateral () 22 16 47 6 8 9 Concessional 0 () 0 0 0 0 0 Bilateral 0 3 3 25 I I 17 Concessional 0 2 2 24 () 0 0 Private creditors 3 I 9 9 27 33 30 of which: Bonds 0 0 0 0 17 22 0 Commercial banks 0 0 8 8 10 11 6 Private nonguaranteed 3 273 214 492 906 1,073 1,151 Bonds 0 28 0 65 249 33 0 Commercial banks and other 3 245 214 427 657 1,040 U51 Memo: lBRD 0 14 9 40 4 4 5 IDA 0 0 0 0 0 0 0 INTEREST PAYMENTS (LINT) 9 77 93 157 205 245 264 Public and publicly guaranteed 8 11 11 16 26 27 26 Official creditors 7 8 8 7 4 4 4 Multilateral 6 7 6 6 3 3 :3 Concessional 0 0 0 0 0 0 0 Bilateral I 1 1 2 I I 1 Coneessional I 1 I 1 0 0 0 Private creditors I 3 4 9 22 23 22 of which: Bonds 0 2 2 8 20 22 21 Commercial banks 0 0 2 I I 1 I Private nonguaranteed 1 66 82 140 179 218 238 Bonds 0 9 17 15 19 13 35 Commercial banks and other I 57 65 125 160 206 203 Memo: lBRD 3 5 4 4 2 2 2 IDA 0 0 0 0 0 0 0 154 ESTO~IA (US$ million, unless otherwise indicated) 1990 1995 2002 2003 .(j~ CIJlUlENcr~Q~N()FP~l,IC Euro 80,8 96,7 95.8 95,6 95.3 Japanese yen 0.0 0.0 0,0 0.0 0.0 0,0 0,0 Pound sterling 0.0 0,0 0.0 0,0 0.0 0,0 0.0 Swiss franc 0,0 0.0 0,0 0.0 0.0 0,0 0.0 U.s,dollars 27.3 16,8 19.2 3,3 4,2 4.4 4,7 7.I)EB1''QI!;mU(;tU~G$ " Total amount rescheduled a a a a a a 0 Debt stock rescheduled 0 0 a 0 0 0 0 Principal rescheduled a 0 a a a a a Official a 0 0 a a a a Private 0 a a 0 a a a Interest rescheduled a a 0 a a a a Official a a a 0 a a a Private 0 0 a a a a 0 Debt forgiven 0 a 0 0 0 a 0 Memo: interest forgiven a a 0 0 a a a Debt stock reduction 0 a a a a a a of which debt buyback a 0 a a a a a .··J)Jt»'f~IQC"*~QwlIU!ltQN~nQN Total change in debt stocks 100 78 283 1,889 2,232 3,036 1,247 Net flows on debt 96 110 122 1,785 ],738 2,978 1,399 Cross-currency valuation 5 -8 -7 29 94 36 -68 9.A~TE~~OF~WCQ~~$ ·. , ALL CREDITORS Interest (% ) 7,1 5,3 4,8 5.7 0,0 0,0 0.0 Maturi ty (years) 15,0 10,7 15.3 6.3 0.0 0.0 0.0 Grace period (years) 5.5 2.9 4,8 6,3 0.0 0.0 0.0 Grant element (%) 16.4 17.2 30.3 19,3 0,0 0.0 0.0 Official creditors Interest (%) 7.1 6.5 0,0 0.0 0.0 0.0 0.0 Maturity (years) 15.0 16.4 0.0 0,0 0,0 0.0 0,0 Grace period (years) 5,5 5.7 0.0 0.0 0.0 0.0 0.0 Grant element (%) 16.4 21.2 0,0 0,0 0.0 0,0 0,0 Private creditors Interest (%) 0.0 4.3 4.8 5.7 0.0 0.0 0.0 Maturity (years) 0.0 6.0 15.3 6.3 0.0 0.0 0.0 Grace period (years) 0.0 0.6 4.8 6.3 0.0 0.0 0,0 Grant element (%) 0,0 13.9 30.3 19.3 0.0 0.0 0,0 2007 2008 2009 2010 2011 TOTAL Principal 2,239 1,237 902 1,805 570 456 18 14 Interest 148 114 88 73 25 15 2 1 Official creditors Principal 11 12 12 11 7 5 5 4 Interest 3 :1 2 2 1 I 1 a Bilateral creditors Principal 1 1 I I I I I Interest a a a 0 0 a a Multilateral creditors Principal II 11 It 10 6 4 4 3 Interest 3 2 2 I I 1 a 0 Private creditors Principal 2,228 L225 890 1,793 563 451 13 10 Interest 144 111 86 71 24 14 Notes: Private nonguaranteed and short-term debt data have been revised starting from 1996 based on official government statistics. 155 ETHIOPIA (US$ million, unless otherwise indicated) 1995 2000 2001 2002 2003 2004 2005 TOTAL DEBT STOCKS (EDT) 8,630 10,308 5,483 5,727 6,526 7,272 6,644 6,259 Long-term debt (LDOD) 8,479 9,774 5,327 5,561 6,319 7,031 6,332 5,897 Public and publicly guaranteed 8,479 9,774 5,327 5,561 6,319 7,031 6,332 5,897 Private nonguaranteed 0 0 0 0 0 0 0 0 Use of IMF credit 6 73 77 106 143 157 183 160 Short-term debt 145 460 79 60 64 83 129 202 of which interest arrears on LDOD 43 437 65 48 46 41 36 36 Official creilitors 39 418 60 43 41 36 34 35 Pri vale creditors 3 19 5 5 5 5 1 I Memorandum items Principal arrears on LDOD 236 3,628 651 596 587 566 546 512 Official creditors 197 3,457 612 555 554 532 531 499 Private creditors 40 172 39 41 33 34 15 12 TOTAL DEBT FLOWS Disbursements 374 232 185 576 672 386 403 532 Long-term debt 374 232 185 532 627 372 372 532 IMF purchases 0 0 0 44 44 IS 31 0 Principal repayments 177 91 84 120 48 47 51 35 Long-term debt 152 91 71 108 37 38 42 31 IMF repurchases 25 0 13 12 II 8 9 4 Net flows on debt 203 133 90 454 629 363 403 571 of which short-term debt 7 -8 -11 -2 6 24 51 73 Interest payments (INT) 59 63 53 63 37 45 49 54 Long-term debt 48 6[ 52 61 36 43 46 49 IMF charges 2 0 0 0 1 1 1 1 Short-term debt 8 1 I 1 1 1 2 4 Net transfers on debt 145 70 37 392 593 318 353 517 Total debt service paid (TDS) 236 154 137 182 85 92 100 89 Long-terrn debt 201 152 123 169 73 82 89 80 IMF repurchases and charges 27 0 13 12 12 9 10 5 Short-term debt (interest only) 8 1 1 [ 1 2 4 NET RESOURCE FLOWS 838 630 674 1,198 1,351 1,981 2,295 2,090 Net flow of long-term debt (ex. IMF) 222 [41 1I4 424 590 333 330 502 Foreign direct investment (net) 12 14 135 349 255 465 545 265 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop.) 604 476 425 425 505 1,183 1,420 1,324 Memo: technical coop, grants 250 164 120 129 166 166 178 217 NET TRANSFERS 789 569 613 1,125 1,304 1,921 2,220 2,020 Interest on long-term debt 48 61 52 61 36 43 46 49 Profit remittances on FDI 0 0 9 12 11 17 28 22 Gross national income (GNI) 12,016 7,545 7,785 7,837 7,296 7,876 9,669 11,139 Exports of goods, servo & inc. (XGS) 606 836 1,062 1,013 1,113 1,323 1,849 2,146 Worker remit. & compo of employees 5 27 53 18 33 47 134 174 Imports of goods & services (MGS) 1,349 \,533 1,673 2,199 2,072 2,647 3,787 4,943 International reserves (RES) 55 815 363 490 966 956 1,497 1,121 Current account balance -294 39 13 -373 -137 -136 -668 -1.568 EDT/XGS ('!oj 1,424.6 1,233.1 516.5 565,2 586.4 549.4 359.3 291.6 EDT I GNI ('!o) 71.8 136.6 70.4 73.1 89.4 92,3 68.7 56.2 TDS/XGS ('!o) 39.0 18.4 12.9 18.0 7,6 7.0 5.4 4.1 !NT IXGS (%) 9.7 7.5 5.0 6.2 3.3 3.4 2.7 2.5 INT I GNI(%) 0.5 0.8 0.7 0.8 0.5 0.6 0.5 0.5 RES I EDT (%) 0.6 7.9 6,6 8.6 14,8 13.1 22.5 17.9 RES I MGS (months) 0.5 6.4 2.6 2,7 5,6 4.3 4.7 2.7 Short-term I EDT (%) 1.7 4.5 1.4 1.0 1.0 1.1 1.9 3.2 Concessionall EDT (%) 87.3 84.6 87.7 88.3 89.2 87.6 85.3 82.2 Multilateral I EDT (% ) 14.7 22.7 50.0 54.1 59.3 60.4 72.5 74.9 156 ETHIOPIA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 8,479 9,774 5,327 5,561 6,319 7,031 6,332 5,897 Public and publicly guaranteed 8,479 9,774 5,327 5,561 6,319 7,031 6,332 5,897 Official creditors 7,906 9,183 5,214 5,466 6,225 6,825 6,079 5,533 Multilateral 1,268 2,339 2,741 3,099 3,868 4,392 4,817 4,691 Concessional 1,151 2,157 2,547 2,925 3,675 4,196 4,617 4.540 Bilateral 6,637 6.844 2,473 2.367 2.357 2.432 1.262 843 Concessional 6.382 6.559 2.264 2.131 2,148 2,175 1,048 603 Private creditors 573 590 113 96 94 207 253 364 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 116 253 12 7 3 1 1 1 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: mRD 27 0 0 0 0 0 0 0 IDA 824 1,470 1.779 2,150 2,756 3,179 3,488 3.359 Public sector LDOD 8,477 9,774 5,327 5,561 6.319 7,031 6,332 5.897 Private sector LDOD I 0 0 0 0 0 0 0 DISBURSEMENTS 374 232 185 532 627 372 372 532 Public and publicly guaranteed 374 232 185 532 627 372 372 532 Official creditors 324 232 184 532 627 237 294 405 Multilateral 139 209 181 519 583 237 293 329 Concessional 128 177 176 509 560 232 288 324 Bilateral 185 23 3 13 44 0 2 76 Concessional 128 23 3 13 44 0 2 76 Pri vate creditors 51 0 2 0 0 134 78 127 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: mRD 0 0 0 0 0 0 0 0 IDA 74 84 137 455 465 204 202 162 PRINCIPAL REPAYMENTS 152 91 71 108 37 38 42 31 Public and publicly guaranteed 152 91 71 108 37 38 42 31 Official creditors 45 43 62 98 33 32 35 20 Multilateral 16 40 55 65 19 21 28 14 Concessional 7 22 31 42 12 13 18 3 Bilateral 29 3 6 33 14 12 7 5 Concessional 13 3 6 33 13 12 4 4 Pri vate creditors 107 48 10 10 4 6 7 II of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 45 39 4 5 4 2 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: mRD 7 4 0 0 0 0 0 0 IDA 4 12 21 22 5 9 13 0 INTEREST PAYMENTS (LINT) 48 61 52 61 36 43 46 49 Public and publicly guaranteed 48 61 52 61 36 43 46 49 Official creditors 24 32 48 58 35 41 45 39 Multilateral 13 23 33 27 27 31 39 29 Concessional 7 14 20 17 19 24 31 23 Bilateral 11 9 14 31 8 10 6 II Concessional 9 6 11 30 7 9 2 3 Private creditors 24 29 4 3 I 2 1 10 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks II 27 1 I 1 1 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: mRD 2 0 0 0 0 0 0 0 IDA 6 11 13 14 12 17 23 15 157 ETHIOPIA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 Euro 4.4 5.3 6.2 5.1 5.3 Japanese yen 0.5 0.4 0.3 0.2 0.2 0.2 0.2 0.2 Pound sterling 0.3 0.2 0.3 0.3 0.3 0.3 0.4 0.0 Swiss franc 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 U.S.dollars 24.2 29.0 76.0 78.0 77.2 76.9 74.6 72.8 '1.JJEBT.JmS1'RUC'l'UJUNGS Total amount rescheduled 0 30 0 45 10 22 0 163 Debt stock rescheduled 0 0 0 0 0 II 0 0 Principal rescheduled 0 23 0 14 12 II 0 163 Official 0 12 0 12 12 II 0 163 Private 0 11 0 2 0 0 0 0 Interest rescheduled 0 6 0 0 0 0 0 0 Official 0 2 0 0 0 0 0 0 Private 0 3 0 0 0 0 0 0 Debt forgiven 66 7 0 25 72 157 56 431 Memo: interest forgiven 0 1 0 II 23 16 8 16 Debt stock reduction 0 0 0 0 14 282 1,301 0 of which debt 0 0 0 0 0 0 0 0 "'l>EBTsTOc;K,;FLOW.QEOONClLIATlO,N·· Total change in debt stocks 789 245 -61 244 799 746 -628 -385 Net flows on debt 203 133 90 454 629 363 403 571 valuation 585 22 -105 -75 100 120 9 -500 ,········.,'.;~_:AG1il·TEkM$ QF'·~WOOMMl"l:MIŁNT$·;· ALL CREDITORS Interest (%) 6.6 1.0 0.8 0.9 1.1 1.3 0.9 0.9 Maturity (years) 21.7 36.3 38.4 43.0 39.4 20.9 38.7 32.4 Grace period (years) 3.5 9.3 10.0 11.4 9.8 5.7 9.5 6.3 Grant element (%) 23.7 76.1 78.8 80.2 76.7 47.9 769 68.6 Otl'icial creditors Interest (%) 1.9 1.0 0.& 0.9 1.1 0.8 0.9 0.9 Maturity (years) 32.7 36.3 38.4 43.0 39.4 3&.7 38.7 32.4 Grace period (years) 8.0 9.3 10.0 11.4 9.8 9.5 9.5 6.3 Grant element (%) 59.0 76.1 78.8 80.2 76.7 77.1 76.9 68.6 Private creditors Interest (%) 9.8 0.0 0.0 0.0 0.0 1.5 0.0 0.0 Maturity (years) 14.1 0.0 0.0 0.0 0.0 12.8 0.0 0.0 Grace period 0.4 0.0 0.0 0.0 0.0 4.0 0.0 0.0 Grant element -0.4 0.0 0.0 0.0 0.0 34.8 0.0 0.0 1,1l.~~~6Bt4QA'I'IONS'ONO{I'J:~.t\NDlNci1LON~1'R._T 2006 2007 2008 2009 2010 TOTAL Principal 130 172 256 249 281 173 178 190 Interest 74 75 70 64 57 52 50 48 Official creditors Principal J 17 125 141 155 158 173 178 190 Interest 55 56 56 55 54 52 50 48 Bilateral creditors Principal 17 24 24 28 29 28 28 29 Interest 10 10 10 10 10 9 8 7 Multilateral creditors Principal 101 101 116 127 129 144 150 162 Interest 45 45 45 45 44 43 42 41 Private creditors Principal 12 47 116 93 123 0 0 0 Interest 19 19 14 9 3 0 0 0 Notes: 158 FIJI (US$ million, unless otherwise indicated) 1990 1995 2000 2001 TOTAL DEBT STOCKS (EDT) 401.7 244.8 133.3 114.3 139.1 201.8 200.5 230.6 Long-term debt (I~DOD) 389.7 229.9 117.7 98.4 102.4 115.7 125.2 119.6 Public and publicly guaranteed 295.0 161.9 98.6 85.4 94.9 109.3 118.2 114.8 Plivate nonguaranteed 94.7 68.0 19.1 13.0 7.5 6.4 7.0 4.8 Use of IMF credit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short-term debt 12.0 14.9 15.6 15.9 36.7 86.1 75.3 111.0 of which interest arrears on LDOD 0.0 0.0 0.0 0.0 0.1 0.0 OJ) 0.0 Official creditors 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 P1ivate creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memorandum items Plincipal arrears on LDOD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Official creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Plivate creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 TOTAL DEBT FLOWS Disbursements 28.9 15.2 7.1 4.4 12.8 16.3 11.8 14.1 Long-term debt 28.9 15.2 7.1 4.4 12.8 16.3 n.8 14.1 IMF purchases 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal repayments 73.0 50.7 22.5 16.2 16.3 11.7 8.9 10.4 Long-term debt 72.1 50.7 22.5 16.2 16.3 11.7 8.9 10.4 IMF repurchases 0.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Net flows on debt -46.1 -36.6 -17.1 -11.5 17.2 54.1 -7.9 39.5 of which short-term debt -2.0 -1.1 .1.7 0.3 20.7 49.6 -10.8 35.7 Interest payments (INT) 32.6 15.6 7.2 5.7 5.4 6.6 5.8 6.6 Long-term debt 31.1 14.7 6.3 5.2 5.0 4.5 3.8 4.1 IMFcharges 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short-tenn debt 1.5 0.9 0.8 0.6 0.5 2.1 2.0 2.4 Net transfers on debt -78.7 -52.2 -24.3 -17.3 H.8 47.5 -13.8 32.9 Total debt service paid (TDS) 105.5 66.2 29.7 22.0 21.7 18.3 14.7 16.9 Long-term debt 103.2 65.3 28.8 21.4 21.2 16.2 12.7 14.5 IMF repurchases and charges 0.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short-term debt (interest only) 1.5 0.9 O.S 0.6 0.5 2.1 2.0 2.4 NET RESOURCE }"LOWS 62.9 55.5 -23.9 35.8 23.1 47.9 123.4 35.9 Net flow oflong-tenn debt (ex. IMF) -43.3 -35.5 -15.4 -1l.S -3.5 4.6 2.9 3.7 Foreign direct investment (net) 91.9 69.5 -17.9 42.6 20.6 26.5 93.S -3.8 Portfolio equity flows 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grants (excluding technical coop.) 14.3 21.4 9.3 5.1 6.0 16.8 26.7 36.0 Memo: technical coop. grants 36.2 30.9 21.9 22.3 22.7 27.4 28.9 29.3 NET TRANSFERS -17.6 -42.9 -30.2 30.6 18.1 43.4 119.5 31.8 Interest on long-term debt 31.1 14.7 6.3 5.2 5.0 4.5 3.8 4.1 Profit remittances on FDI 49.4 83.7 0.0 0.0 0.0 0.0 0.0 0.0 Gross national income (GNI) 1289.6 1918.7 1686.0 1609.6 1811.6 2182.1 2581.8 2700.5 Exports of goods, servo & inc. (XGS) 881.6 1139.1 Worker remit. & compo of employees 22.0 33.0 24.0 24.0 24.0 24.0 24.0 24.0 Imports of goods & services (MGS) 974.3 1254.7 International reserves (RES) 261.1 349.3 412.0 366.6 359.1 424.0 478.5 318.8 Current account balance -94.0 -112.7 EDT/XGS ('Yo) 45.6 21.5 EDT I GNl (%) 31.2 12.8 7.9 7.1 7.7 9.2 7.8 8.5 TDS/XGS ('Yo) 12.0 5.8 INT IXGS ('Yo) 3.7 1.4 !NT I GNI (%) 2.5 0.8 0.4 0.4 0.3 0.3 0.2 0.2 RES I EDT (%) 65.0 142.7 309.1 320.8 258.2 210.1 238.7 138.3 RES I MGS (months) 3.2 3.3 Short-term I EDT (%) 3.0 6.1 11.7 13.9 26.4 42.7 37.5 48.1 Concessional / EDT (%) 7.5 8.5 14.1 15.2 18.9 16.6 18.0 12.9 Multilateral I EDT (%) 50.0 60.6 65.9 66.3 55.5 41.1 44.7 39.5 159 FIJI (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2004 2005 DEBT OUTSTANDING (LDOD) 389.7 229.9 117.7 98.4 102.4 115.7 125.2 119.6 Public and publicly guaranteed 295.0 161.9 98.6 85.4 94.9 109.3 118.2 114.8 Official creditors 268.1 161.4 98.6 85.4 94.9 109.3 118.2 114.8 Multilateral 200.7 148.4 87.8 75.7 77.2 83.0 89.6 91.1 Concessional 14.7 11.6 8.2 7.7 8.6 7.3 7.5 6.0 Bilateral 675 13.0 10.7 9.7 17.7 26.3 28.6 23.7 Concessional 15.3 9.3 10.7 9.7 17.7 26.3 28.5 23.7 Private creditors 26.9 0.6 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 12.1 0.4 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 94.7 68.0 19.1 13.0 7.5 6.4 7.0 4.8 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 94.7 68.0 19.1 13.0 7.5 6.4 7.0 4.8 Memo: lBRD 67.8 35.3 19.7 14.8 12.0 ILl 9.3 6.3 IDA 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Public sector LDOD 295.0 161.9 98.6 85.4 94.9 109.3 118.2 114.8 Private sector LDOD 94.7 68.0 19.1 13.0 7.5 6.4 7.0 4.8 DISBURSEMENTS 28.9 15.2 7.1 4.4 12.8 16.3 11.8 14.1 Public and publicly guaranteed 14.7 15.2 7.1 4.4 12.8 16.3 11.8 14.1 Official creditors 13.9 \5.2 7.1 4.4 12.8 16.3 11.8 14.1 Multilateral 12.8 15.2 5.6 4.4 4.7 9.2 9.5 14.1 Concessional 0.0 0.0 0.0 0.0 0.0 0.2 0.1 0.0 Bilateral L1 0.0 1.5 0.0 8.1 7.1 2.3 0.0 Concessional 1.0 0.0 1.5 0.0 8.1 7.1 2.3 0.0 Pri vale creditors 0.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 14.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 14.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: lBRD 5.1 5.6 1.0 0.0 0.0 0.0 0.0 0.0 IDA 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 PRINCIPAL REPAYMENTS 72.1 50.7 22.5 16.2 16.3 11.7 8.9 10.4 Public and publicly guaranteed 54.6 31.2 16.9 10.1 10.8 10.6 6.4 8.1 Official creditors 41.5 30.2 16.9 10.1 10.7 10.6 6.4 8.1 Multilateral 33.8 28.2 14.8 9.4 9.8 9.6 5.5 6.1 Concessional 0.3 0.5 0.5 0.3 0.3 2.1 0.4 0.6 Bilateral 7.7 2.0 2.1 0.7 1.0 1.0 0.9 2.0 Concessional 0.8 1.4 1.4 0.7 1.0 1.0 0.9 2.0 Pri vate creditors 13.2 1.0 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 5.7 0.2 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 17.5 19.5 5.6 6.1 5.5 1.1 2.5 2.2 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 17.5 19.5 5.6 6.1 5.5 1.1 2.5 2.2 Memo: lBRD 9.1 11.5 7.7 3.8 3.8 2.1 2.3 2.3 IDA 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 INTEREST PAYMENTS (LIST) 31.1 14.7 6.3 5.2 5.0 4.5 3.8 4.1 Public and publicly guaranteed 23.7 10.3 5.5 4.5 4.5 3.8 3.5 3.9 Official creditors 21.0 10.2 5.5 4.5 4.5 3.8 3.5 3.9 Multilateral 15.0 9.5 5.2 4.3 4.0 3.4 3.0 3.2 Concessionai 0.1 0.1 0.\ 0.1 0.1 0.\ 0.1 0.1 Bilateral 6.0 0.7 0.3 0.2 0.5 0.4 0.6 0.7 Concessionai 0.3 0.3 0.3 0.2 0.5 OA 0.6 0.7 Private creditors 2.6 0.1 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks I.l 0.1 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 7.4 4.4 0.8 0.7 0.5 0.7 0.3 0.2 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 7.4 4.4 0.8 0.7 0.5 0.7 0.3 0.2 Memo: lBRD 5.6 3.0 IA 0.9 0.7 0.6 0.4 OA IDA 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 160 FI.JI russ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 5.0 4.9 5. I 4.7 3.6 Japanese yen 0,0 0.0 1.4 1.4 10.3 17.0 18.3 15.7 Pound sterling 13.8 3.4 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 u.S.dollars 5.4 0.8 11.8 18.4 20.7 25.4 30.5 43.0 Total amount rescheduled 0.0 0.0 0.0 0.0 o.n 0.0 0.0 o.n Debt stock rescheduled 0.0 0.0 n.o 0.0 n.o n.o 0.0 0.0 Principal rescheduled o.n o.n 0.0 0.0 o.n 0.0 0.0 n.o Official 0.0 0.0 0.0 0.0 o.n o.n o.n 0.0 Private n.o 0.0 n.n n.n n.n o.n n.o 0.0 Interest rescheduled 0.0 o.n 0.0 o.n o.n 0.0 0.0 0.0 Official 0.0 0.0 n.o n.n o.n 0.0 n.o n.o Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt forgiven 0.0 0.0 0.0 0.0 0.2 0.4 0.0 0.0 Memo: interest forgiven 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt stock reduction 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which debt 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Total change in debt stocks -7.5 -32.4 -26.3 -19.0 24.8 62.7 -1.3 30.1 Net flows on debt -46.1 -36.6 -17.1 -11.5 17.2 54.1 -7.9 39.5 valuation 24.5 -6.0 -7.9 -6.9 6.2 6.6 2.5 -8.2 ALL CREDITORS Interest (%) 6.6 4.5 0.0 0.0 2.5 0.0 2.6 4.3 Maturity (years) 24.7 12.0 0.0 0.0 24.4 0.0 24.0 24.7 Grace period (years) 5.1 4.5 0.0 0.0 3.9 0.0 4.5 5.2 Grant element (%) 22.8 28.8 0.0 0.0 51.9 0.0 51.6 40.2 Official creditors Interest (%) 6.6 4.5 0.0 0.0 2.5 0.0 2.6 4.3 Maturity (years) 24.8 12.0 0.0 0.0 24.4 0.0 24.0 24.7 Grace period (years) 5.1 4.5 0.0 0.0 3.9 0.0 4.5 5.2 Grant element (%) 22.9 28.8 0.0 0.0 51.9 0.0 51.6 40.2 Private creditors Interest (%) 8.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 10.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period (years) 6.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element 3.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 TOTAL Principal 11.2 10.9 10.3 12.8 11.7 12.1 12.0 10.0 Interest 6.6 7.0 7.2 7.2 7.1 6.8 6.3 5.8 Official creditors Principal 9.9 9.9 9.6 12.1 11.7 11.6 11.5 10.0 Interest 6.4 6.9 7.1 7.2 7.1 6.8 6.3 5.8 Bilateral creditors Principal 1.7 1.7 1.7 1.7 1.7 1.7 1.5 1.2 Interest 0.7 0.6 0.6 0.5 0.4 0.4 0.3 0.3 Multilateral creditors Principal 8.1 8.1 7.8 10.4 10.0 9.8 10.0 8.8 Interest 5.7 6.3 6.5 6.7 6.6 6.4 6.0 5.5 Private creditors Principal 1.3 1.0 0.8 0.6 0.0 0.5 0.5 0.0 Interest 0.2 0.1 0.1 0.1 0.0 0.0 0.0 0.0 Kotes: Long-tenn private nonguaranteed debt data are World Bank staff estimates. 161 GABON (lJS$ million, unless otherwise indicated) 2000 TOTAL DEBT STOCKS (EDT) 3,983 4,360 3,920 3,423 3,546 3,792 4,150 3,902 Long-term debt (LDOD) 3,150 3,976 3,453 3,041 3,241 3,395 3.800 3,582 Public and publicly guaranteed 3,150 3,976 3,453 3,041 3,241 3,395 3:800 3,582 0 0 0 0 0 Pri vate nonguaranteed Use of IMF credit Short-term debt 0 140 693 0 97 287 89 377 75 307 67 238 ° 59 339 100 250 68 251 of which interest arrears on LDOD 130 0 63 6 16 268 188 189 Official creditors 111 0 59 4 12 262 183 179 Pri vate creditors 19 0 5 2 4 6 5 11 ~Iemorandum items Principal arrears on LDOD 82 26 124 26 52 425 267 441 Official creditors 17 0 116 25 45 338 177 324 Private creditors 65 26 8 I 7 87 90 117 TOTAL DEBT FLOWS Disbursements 204 279 49 18 71 29 202 33 Long-term debt 195 222 32 18 71 29 140 33 IMF purchases 9 57 17 0 0 0 62 0 Principal repayments 40 216 196 273 238 241 178 68 Long-tenn debt 26 165 187 262 225 226 153 44 IMF repurchases 15 52 10 II 13 14 25 25 Net flows on debt 164 14 -341 -269 -245 -362 15 -35 of which short-ternl debt 0 -49 -194 -13 -79 -151 -9 0 Interest payments (INT) 136 240 156 181 170 134 45 41 Long-tenn debt 78 217 124 166 158 129 42 38 IMFcharges 13 5 4 4 2 I 2 3 2 Short-tenn debt Net transfers on debt Total debt service paid (TDS) 45 28 176 17 -226 456 28 -497 352 12 -450 455 10 -415 407 4 -496 375 -30 223 ° -75 109 Long-tenn debt 104 382 311 428 382 355 194 81 IMF repurchases and charges 27 57 14 15 15 15 26 28 Short-tenn debt (interest only) 45 17 28 12 10 4 2 0 NET RESOURCE FLOWS 273 -171 -158 -298 -58 46 338 336 Net flow of long-term debt (ex. LYlF) 170 57 -155 -244 -153 -197 -13 -10 Foreign direct investment (net) 73 -315 -43 -89 39 158 320 300 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop.) 30 87 39 36 56 85 31 46 Memo: technical coop, grants 36 46 26 27 29 41 44 46 NET TRANSFERS 78 -625 -755 -656 -517 -441 -427 298 mtcrest on long-tenn debt 78 217 124 166 158 129 42 38 Profit remittances on FDI 116 236 473 193 301 359 723 0 1l\a,Jt)RE~NQ~C.·A,~~~A~J);S Gross national income (GNI) 5,336 4,241 4,240 3,753 4,167 5.204 6,220 7,269 Exports of goods, servo & inc. (XGS) 2.750 2,984 3,549 2,813 2,660 3,403 4,243 Worker remit. & compo of employees 0 4 6 5 3 6 6 6 Imports of goods & services (MGS) 2,448 2,423 2,483 2.216 2,190 2,452 3,133 International reserves (RES) 279 153 194 13 144 202 449 675 Current account balance 168 515 1,001 517 338 766 924 4; J)~"'~lCA'Wl$ EDT/XGS (%) 144.8 146.1 1\ O.S 121.7 133.3 111.4 97.8 EDT I G]\;1 (o/c) 74,6 102.8 92.5 91.2 85.1 72.9 66.7 53.7 IDS IXGS (o/c) 6.4 15.3 9.9 16.2 15.3 11.0 5.3 INT I XGS (o/c) 4.9 8.0 4.4 6.5 6.4 3.9 1.1 !NT I GNI (%) 2.5 5.7 3,7 4.8 4.1 2.6 0.7 0.6 RES/EDT(%) 7.0 3.5 4.9 0.4 4.1 5.3 10.8 17.3 RES I MGS (months) 1.4 0.8 0.9 0.1 0.8 1.0 1.7 Short-tenn I EDT (%) 17.4 6.6 9.6 9.0 6.7 8.9 6.0 6.4 Concessiona1! EDT (%) 10.6 16.2 35,0 37.6 37.2 25.7 20.1 17.7 Multilateral! EDT (%) 8.0 13.5 11.8 11.2 11.3 10.6 11.2 10.4 162 GABON (US$ million, unless otherwise indicated) 1995 2000 DEBT OUTSTANDING (LDOD) 3,150 3,976 3,453 3,041 3,241 3,395 3,800 3,582 Public and publicly guaranteed 3,150 3,976 3,453 3,041 3,241 3,395 3,800 3,582 Official creditors 2,435 3.778 3,335 2,952 3,086 3,136 3,558 3,356 Multilateral 317 588 464 384 401 403 465 406 Concessional 29 28 27 27 30 39 42 49 Bilateral 2,118 3,189 2,871 2,568 2,685 2,734 3.093 2,949 Concessional 393 680 1,344 1,261 1,291 935 793 643 Private creditors 715 199 119 90 155 258 242 227 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 181 148 83 66 89 78 74 69 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: mRD 69 110 64 55 50 49 38 30 IDA 0 0 0 0 0 0 0 0 Public sector LDOD 3,148 3,976 3,453 3,041 3,241 3,395 3,800 3,582 Private sector LDOD 2 0 0 0 0 0 0 0 DISBURSEMENTS 195 222 32 18 71 29 140 33 Public and publicly guaranteed 195 222 32 18 71 29 140 33 Official creditors 158 222 11 5 30 29 126 28 Multilateral 84 150 9 5 16 18 112 18 Concessional 4 2 I 1 0 0 11 12 Bilateral 74 72 2 0 14 12 14 10 Concessional 63 62 2 0 14 12 14 JO Private creditors 37 0 21 13 41 0 14 6 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 21 13 1 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: mRD JO 4 9 4 2 2 3 0 IDA 0 0 0 0 0 0 () 0 PRlNCIPAI, REPAYMENTS 26 165 187 262 225 226 153 44 Public and publicly guaranteed 26 165 187 262 225 226 153 44 Official creditors 18 90 159 222 200 154 116 44 Multilateral 13 43 43 45 26 69 67 44 Concessional 1 2 () 0 0 8 11 0 Bilateral 5 48 116 177 174 85 49 0 Concessional 0 10 16 80 66 63 49 0 Private creditors 8 75 27 40 25 73 37 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 3 26 27 28 11 18 7 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 1 12 13 13 8 6 14 7 IDA 0 0 0 0 0 0 0 0 IlII'TEREST PAYMENTS (LINT) 78 217 124 166 158 129 42 38 Public and publicly guaranteed 78 217 124 166 158 129 42 38 Official creditors 68 174 118 156 152 111 35 38 Multilateral 21 26 42 27 18 40 26 19 Concessional 0 I 0 0 0 1 I 0 Bilateral 47 148 75 129 134 71 9 18 Concessional 2 40 9 43 23 13 9 0 Pri vate creditors 11 44 7 10 6 17 7 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 5 26 7 5 3 6 1 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: mRD 5 8 5 7 4 2 3 I IDA 0 0 0 0 0 0 0 0 163 GABON (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Buro 45.6 48.6 72.8 57.1 47.5 Japanese yen 0.7 0.9 0.8 0.7 0.6 0.9 0.6 0.5 Pound sterling 5.3 5.0 4.6 4.5 4.2 6.9 5.3 4.4 Swiss franc 0.3 0.8 0.5 0.6 0.6 0.3 0.2 0.2 U.S.dollars 10.3 11.5 29.1 32.6 30.5 7.5 25.0 36.4 Total amount rescheduled 271 472 637 50 10 0 735 365 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 188 253 440 82 0 0 500 240 Official 32 249 440 82 0 0 496 239 Private 156 4 0 0 0 0 4 1 Interest rescheduled 77 68 307 74 0 0 235 122 Official 27 67 307 74 0 0 233 121 Private 50 1 0 0 0 0 3 1 Debt forgiven 0 40 0 0 0 67 0 0 Memo: interest forgiven 0 0 0 0 0 14 0 0 Debt stock reduction 0 I 0 0 0 0 0 0 of which debt buyback 0 0 0 0 0 0 0 0 Total change in debt stocks 632 189 -62 -497 123 246 358 -248 Net flows on debt 164 14 -341 -269 -245 -362 15 -35 Cross-currency valuation 293 228 -196 -109 309 370 213 -332 ALL CREDITORS Interest (%) 7.9 4.7 0.0 4.4 4.5 0.0 2.0 4.2 Mawrity (years) 17.9 13.0 8.7 19.8 9.3 0.0 19.6 19.8 Grace period (years) 4.8 5.9 0.7 5.3 2.7 0.0 5.1 5.3 Grant element (%) 12.3 30.4 34.1 36.6 22.8 0.0 53.0 38.1 Official creditors Interest (%) 7.7 4.7 0.0 4.4 3.7 0.0 2.0 4.2 Maturity (years) 19.0 13.0 8.7 19.8 10.1 0.0 19.6 19.8 Grace period (years) 5.4 5.9 0.7 5.3 3.9 0.0 5.1 5.3 Grant element (%) 13.9 30.4 34.1 36.6 28.4 0.0 53.0 38.1 Private creditors Interest (% ) 9.0 0.0 0.0 0.0 5.9 0.0 0.0 0.0 Maturity (years) 11.8 0.0 0.0 0.0 7.8 0.0 0.0 0.0 Grace period 1.3 0.0 0.0 0.0 0.4 0.0 0.0 0.0 Grant element 3.3 0.0 0.0 0.0 12.3 0.0 0.0 0.0 2006 2007 2008 2009 2010 TOTAL Principal 529 529 522 498 284 248 215 167 Interest 168 139 109 77 53 41 28 19 Official creditors Principal 500 504 496 485 276 245 213 165 Interest 163 135 106 75 52 40 27 19 Bilateral creditors Principal 438 444 440 438 234 203 177 140 Interest 143 117 90 61 40 30 19 12 Multilateral creditors Principal 62 60 56 48 42 42 36 25 Interest 20 18 16 14 12 10 8 7 Private creditors Principal 28 25 25 13 8 3 3 2 Interest 5 4 3 2 1 1 0 Notes: Data on long-term public and publicly guaranteed debt for 2005 are World Bank staff estimates. 164 GAMBIA,THE (US$ million, unless otherwise indicated) 1990 2000 2001 2002 2003 2004 2005 TOTAL DEBT STOCKS (EDT) 369.1 426.1 483.3 487.9 576.6 634.3 673.5 671.7 Long-term debt (LDOD) 308.4 385.5 437.9 435.3 507.3 566.6 621.8 626.4 Public and publicly guaranteed 308.4 385,5 437.9 435.3 507.3 566.6 621.8 626.4 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Use of IMF credit 44.9 25.8 18.1 25.9 31.9 34.9 24.8 20.8 Short-term debt 15.7 14.8 27.3 26.8 37.4 32.8 26.9 24.5 of which interest arrears on LDOD 0.6 0.7 0.0 0.0 0.4 2.8 2.9 1.5 Official creditors 0.6 0.7 0.0 0.0 0.4 2.7 2.9 1.4 Private creditors 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 Memorandum items Principal arrears on LDOD 0.9 2.2 2.0 4.0 7.9 14.7 18.6 20.5 Official creditors 0.9 2.1 2.0 4.0 7.9 13.9 17.5 19.2 Pri vate creditors 0.0 0.1 0.0 0.0 0.0 0.8 1.2 1.3 TOTAL DEBT FLOWS Disbursements 32.8 23.0 29.7 32.4 56.9 39.9 52.8 63.1 Long-tenn debt 23.5 23.0 20.7 23.7 53.2 39.9 52.S 63.1 IMF purchases 9.3 0.0 9.1 8.7 3.7 0.0 0.0 0.0 Principal repayments 25.5 21.7 14.3 9.8 9.0 11.3 28.2 18.4 Long-tenn debt 20.2 15.5 12.7 9.6 9.0 11.3 17.0 16.4 IMF repurchases 5.3 6.2 1.6 0.2 0.0 0.0 11.2 2.0 Net flows on debt 15.5 -7.6 20.6 22.1 58.1 21.6 18.6 43.7 of which short-tenn debt 8.1 -8.8 5.2 -0.5 10.2 -7.0 -6.0 -1.0 Interest payments (!NT) 12.3 6.3 7.3 4.6 5.9 9.1 9.1 10.5 Long-tenn debt 10.2 5.2 6.0 3.5 5.2 8.6 8.0 9.5 IMF charges 1.3 0.2 0.1 0.1 0.1 0.1 0.2 0.1 Short -tenn debt 0.8 0.9 1.2 1.0 0.6 0.4 O.S 0.9 Net transfers on debt 3.2 -13.9 13.3 17.5 52.2 12.5 9.6 33.2 Total debt service paid (TDS) 37.7 28.0 21.5 14.4 14.9 20.4 37.2 29.0 Long-tenn debt 30.3 20.7 IS.7 13.1 14.2 19.9 25.0 25.9 IMF repurchases and charges 6.7 6.4 1.7 0.3 0.1 0.\ 11.4 2.\ Short-tenn debt (interest only) 0.8 0.9 1.2 1.0 0.6 0.4 0.8 0.9 NET RESOURCE FLOWS 62.2 32.9 73.2 63.6 107.5 68.9 115.5 116.7 Net flow of long-tenn debt (ex. IMF) 3.4 7.5 8.0 14.1 44.1 28.6 35.8 46.7 Foreign direct investment (net) 14.1 7.8 43.5 35.5 42.8 21.9 56.8 51.9 Portfolio equity flows 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grants (excluding tc<:hnical coop.) 44.7 17.6 21.7 14.1 20.S 18.3 23.0 18.0 Memo: technical coop. grants 24.2 22.8 9.6 11.3 12.6 14.1 10,4 9.6 NET TRANSFERS 52.0 27.6 67.3 60.1 102.3 36.0 85.6 81.2 Interest on long-tenn debt 10.2 5.2 6.0 3.5 5.2 8.6 8.0 9.5 Profit remittances on FOI Q.O 0.0 0.0 0.0 0.0 24.2 21.9 26.0 Gross national income (GNI) 291.4 377.1 400.4 394.8 347.4 348.1 380.9 445.6 Exports of goods, servo & inc. (XGS) 169.7 181.0 230.3 245.5 240.4 Worker remit. & compo of employees 10.0 19.0 14.0 7.0 7.0 65.0 62.0 58.0 Imports of goods & services (MGS) 205.4 241.4 224.6 282.5 296.2 International reserves (RES) 55.4 106.1 109.4 106.0 106.9 59.3 83.8 98.3 Current account balance 23.4 -8.2 3.2 -31.0 -43.6 EDT I XGS (%) 217.5 235.4 275.5 274.3 279.4 EDT I GNI(%) 126.7 113.0 120.7 123.6 166.0 182.2 176.8 150.7 TDS/XGS (%) 22.2 15.5 8.9 15.2 12.0 !NT I XGS ('!o) 7.2 3.5 3.9 3.7 4,4 !NT f GNI (%J 4.2 1.7 1.8 1.2 1.7 2.6 2,4 2,4 RES I EDT (%) 15.0 24.9 22.6 21.7 18.5 9.3 12.4 14.6 RES I MGS (months) 3.2 5.3 3.2 3.6 4.0 Short-tenn I EDT (%) 4.3 3.5 5.7 5.5 6.5 5.2 4.0 3.6 Concessionall EDT (%) 67.8 84.8 87.1 86.5 85.6 87.2 90,4 91.8 Multilateral I EDT (%) 55.0 76.6 71.1 70.4 68.1 71.1 75.2 76.1 165 GAMBIA, THE (US$ million, unless otherwise indicated) 2000 DEBT OUTSTANDING (LDOD) 308.4 385.5 437.9 435.3 507.3 566.6 621.8 626.4 Public and publicly guaranteed 30S.4 385.5 437.9 435.3 507.3 566.6 621.8 626.4 Official creditors 290.1 385.2 436.2 434.1 506.0 565.2 620.3 625.0 Multilateral 203.1 326.2 343.7 343.5 392.8 451.2 506.8 511.1 Concessional 183.3 305.4 333.6 335.6 385.4 444.8 501.1 507.9 Bilateral 87.0 59.0 92.5 90.6 113.2 114.0 113.6 113.9 Concessional 66.8 55.9 87.3 86.5 108.1 108.4 107.4 108.5 Private creditors 18.3 0.2 1.7 1.2 1.3 1.4 1.5 1.3 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 16.0 0.0 0.9 0.6 0.7 0.8 0.9 0.8 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 101.6 161.6 170.7 169.9 194.5 220.1 247.4 244.9 Public sector LDOD 306.6 385.3 437.9 435.3 507.3 566.6 621.8 626.4 Private seetor LDOD 1.8 0.2 0.0 0.0 0.0 0.0 0.0 0.0 DISBURSEMENTS 23.5 23.0 20.7 23.7 53.2 39.9 52.S 63.1 Public and publicly guaranteed 23.5 23.0 20.7 23.7 53.2 39.9 52.S 63.1 Official creditors 23.5 23.0 20.7 23.7 53.2 39.9 52.8 63.1 Multilateral 17.7 19.0 17.1 19.6 29.3 35.5 46.2 54.5 Concessional 16.6 18.9 17.1 19.6 29.3 35.5 46.2 54.4 Bilateral 5.8 4.0 3.6 4.1 23.9 4.4 6.6 8.7 Concessional 5.8 4.0 3.6 4.1 23.9 4.4 6.6 8.7 Private creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 9.8 11.6 7.7 7.5 15.0 11.4 20.8 18.9 PRINCIPAL REPAYMENTS 20.2 15.5 12.7 9.6 9.0 11.3 17.0 16.4 Public and publicly guaranteed 20.2 15.5 12.7 9.6 9.0 11.3 17.0 16.4 Official creditors [2.7 15.1 12.2 9.1 9.0 11.3 17.0 16.4 Multilateral 4.7 6.7 7.9 4.0 4.0 5.1 8.3 10.7 Concessional 2.7 3.4 6.4 2.9 2.9 4.7 7.1 9.3 Bilateral 7.9 8.5 4.3 5.1 5.1 6.2 8.6 5.7 Concessional 7.9 4.4 3.3 4.1 5.1 6.2 8.6 5.7 Private creditors 7.5 0.4 0.5 0.4 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Conmlercial banks 3.0 0.0 0.3 0.3 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 0.3 0.8 2.3 0.6 0.7 1.0 1.4 3.3 L"'TEREST PAYMENTS (LINT) 10.2 5.2 6.0 3.5 5.2 8.6 8.0 9.5 Public and publicly guarantCf.'Ii 10.2 5.2 6,0 3.5 5.2 S.6 S.O 9.5 Official creditors 5.5 5.2 5.8 3.4 5.1 8.6 8.0 9.5 Multilateral 2.9 3.5 3.6 2.5 3.2 4.5 5.7 5.3 Concessional 1.5 2.2 3.3 2.2 3.0 4.0 5.7 5.2 Bilateral 2.6 1.7 2.2 0.9 1.9 4.1 2.2 4.1 Concessional 2.6 1.2 1.8 0.6 1.9 4.1 2.2 4.1 Private creditors 4.7 0.0 0.2 0.1 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 3.8 0.0 0.1 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 0.7 1.2 1.2 I.I 1.2 1.4 1.9 1.9 166 GAMBIA, THE (US$ million. unless otherwise indicated) 1990 1995 2000 2001 Euro 5.8 5.6 5.1 4.6 3.6 Japanese yen 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Pound sterling 8.5 6.3 4.8 4.7 3.9 3.3 2.8 2.7 Swiss franc 1.3 0.2 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 39.1 43.5 51.3 52.4 54.9 53.9 54.1 55.0 Total amount rescheduled 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.0 Debt stock rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Interest rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt forgiven 0.0 0.0 0.0 4.1 4.0 3.9 2.3 0.7 Memo: interest forgiven 0.0 0.0 0.0 0.3 0.3 0.2 0.1 0.0 Debt stock reduction 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which debt buyback 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Total change in debt stocks 3.1 18.7 4.6 88.7 57.7 39.2 -1.8 Net flows on debt -7.6 20.6 22.1 58.1 21.6 18.6 43.7 -17.5 -9.5 -5.1 20.3 21.4 12.2 -27.0 ALL CREDITORS Interest (%) 0.8 3.5 1.7 1.2 1.9 0.6 2.5 4.1 Maturity (years) 42.1 21.3 27.4 36.6 31.0 22.3 25.9 30.0 Grace period (years) 10.0 6.2 6.8 8.5 8.3 5.7 6.0 7.2 Grant element (%) 79.7 45.7 61.3 72.3 64.8 66.5 55.4 46.6 Official creditors Interest (%) 0.8 3.5 1.7 1.2 1.9 0.6 2.5 4.1 Maturity (years) 42.1 21.3 27.4 36.6 31.0 22.3 25.9 30.0 Grace period (years) 10.0 6.2 6.8 8.5 8.3 5.7 6.0 7.2 Grant element (% ) 79.7 45.7 61.3 72.3 64.8 66.5 55.4 46.6 Private creditors Interest (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2006 2007 2008 2009 2010 TOTAL Principal 21.0 21.7 22.4 25.8 29.8 32.5 32.9 33.5 Interest 8.5 9.9 10.7 11.1 11.2 10.9 10.5 9.9 Official creditors Principal 21.0 21.7 22.4 25.8 29.8 32.5 32.9 33.5 Interest 8.5 9.9 10.7 ILl 11.2 10.9 10.5 9.9 Bilateral creditors Principal 7.4 6.9 6.9 7.4 8.9 9.1 8.9 8.8 Interest 3,1 3.5 3,9 4.0 4.0 3.9 3.6 3.4 Multilateral creditors Principal 13.6 14.9 15.5 18.4 20.9 23.4 24.0 24.8 Interest 5.4 6.4 6.8 7.1 7.2 7.0 6.8 6.5 Private creditors Principal 0,0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Interest 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Notes: 167 GEORGIA (US$ million, unless otherwise indicated) TOTAL DEBT STOCKS (EDT) 1,240 1,638 1,729 1,839 1,935 2,064 1,911 Long-term debt (LDOD) 1,039 1,316 1,364 1,496 1,608 1,692 1,626 Public and publicly guaranteed 1,039 1.274 1.311 1,445 1,564 1,593 1,494 Private nonguaranteed 0 42 53 51 44 99 132 Use of IMF credit 116 278 287 310 289 266 232 Short-term debt 85 44 78 33 38 106 52 of which interest arrears on LDOD 61 I 18 0 7 7 11 Official creditors 54 1 18 0 7 7 11 Pri vale creditors 8 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 211 179 247 302 314 191 151 Official creditors 203 179 247 302 314 191 151 Private creditors 8 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 174 65 142 128 89 197 187 Long-term debt 98 65 108 99 89 177 146 IMF purchases 76 0 34 29 0 21 41 Principal repayments 0 68 43 86 139 200 157 Long-term debt 0 42 27 56 91 145 103 IMF repurchases 0 26 15 30 47 55 54 Net flows on debt -272 33 117 16 -52 66 -28 of which short-term debt -446 36 17 -27 -2 68 -58 Interest payments (INT) 20 49 35 43 42 34 30 Long-term debt 17 43 29 39 39 31 27 IMFcharges 3 5 3 2 2 2 1 Short-term debt 0 1 2 2 1 2 2 Net transfers on debt -292 -17 82 -27 -94 32 -58 Total debt service paid (TDS) 20 118 77 129 181 234 187 Long-term debt 17 86 57 95 131 175 130 IMF repurchases and charges 3 31 19 32 49 57 56 Short-ternl debt (interest only) 0 I 2 2 1 2 2 NET RESOURCE FLOWS 188 211 265 281 418 669 615 Net flow of long-term debt (ex. IMp) 98 23 80 43 -3 32 43 Foreign direct investment (net) 6 131 110 167 340 499 450 Portfolio equity flows 0 0 0 0 0 0 3 Grants (excluding technical coop.) 85 57 75 70 81 138 120 Memo: tcchnical coop. grants 37 83 106 153 108 100 132 NET TRANSFERS 171 167 225 182 309 558 502 Interest on long-term debt \7 43 29 39 39 31 27 Profit remittances on FOI 0 0 11 59 70 80 87 Gross national income (GNI) 2,574 3,\75 3,246 3,435 4.026 5,220 6.485 Exports of goods, servo & inc. (XGS) 939 995 1,231 1,515 1.948 2,528 Worker remit. & camp. of employees 0 274 181 231 238 303 346 Imports of goods & services (MGS) 1,248 1.348 1.583 2,005 2.644 3,483 International reserves (RES) 199 116 162 202 196 387 479 Current account balance -269 -212 -210 -375 -347 -690 EDT IXGS (%) 174.5 173.7 149.4 127.7 106.0 75.6 EDT I GNI (%) 48.2 51.6 53.2 53.5 48.1 39.5 29.5 TDS I XGS (%) 12.5 7.8 10.5 11.9 12.0 7.4 INT IXGS (%) 5.3 3.5 3,5 2.8 1.8 1.2 INT IGNI(%) 0.8 1.6 1.1 1.3 1.0 0.7 0.5 RES I EDT (%) 16.0 7.1 9.4 11.0 10.1 18.7 25.0 RES I MGS (months) I.l 1.4 1.5 1.2 1.8 1.6 SholHenn I EDT (%) 6.9 2.7 4.5 1.8 2.0 5.1 2.7 Concessionall EDT (%) 6.9 49.1 49.7 54.4 59.4 61.2 65.3 Multilateral/EDT (%) 19,7 29.2 30.l 34.6 38.4 40,5 42.9 168 GEORGIA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 1,039 1,316 1,364 1,496 1,608 1,692 1,626 Public and publicly guaranteed 1,039 1,274 1,311 1,445 1,564 1,593 1,494 Official creditors 939 1,272 1,309 1,443 1,561 1,590 1,492 Multilateral 245 478 521 636 744 836 819 Concessional 84 350 399 495 589 687 688 Bilateral 694 794 788 806 818 754 673 Concessional 2 454 460 504 561 577 560 Private creditors 100 2 2 2 3 3 2 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 Private nonguaranteed 0 42 53 51 44 99 132 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 42 53 51 44 99 132 Memo: mRD 0 0 0 0 0 0 0 IDA 84 347 396 491 583 678 679 Public sector LDOD 1,039 1,264 1,303 1,439 1,559 1,591 1.493 Private sector LOOD 0 52 61 57 49 101 133 DISBURSEMENTS 98 65 108 99 89 177 146 Public and publicly guaranteed 98 37 91 93 72 102 76 Official creditors 98 37 91 93 72 102 76 Multilateral 96 25 74 73 50 74 60 Concessional 85 19 63 63 45 68 54 Bilateral 2 13 17 19 22 28 16 Concessional 2 13 17 19 22 28 16 Private creditors 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 Private nonguaranteed 0 28 17 7 16 74 69 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 28 17 7 16 74 69 Memo: mRD 0 0 0 0 0 0 0 IDA 85 18 63 61 43 65 54 PRINCIPAL REP A YMENTS 0 42 27 56 91 145 103 Public and publicly guaranteed 0 41 24 33 58 133 80 Official creditors 0 41 24 33 57 133 80 Multilateral 0 5 12 7 12 21 10 Concessional 0 0 0 0 0 0 2 Bilateral 0 35 12 26 46 112 70 Concessional 0 22 0 0 0 II 3 Pri vale creditors 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 Private nonguaranteed 0 2 4 23 34 11 23 Bonds 0 0 0 0 0 0 0 Commercial banks and olher 0 2 4 23 34 II 23 Memo: IBRD 0 0 0 0 0 0 0 IDA 0 0 0 0 0 0 2 INTEREST PAYMENl'S (LINT) 17 43 29 39 39 31 27 Public and publicly guaranteed 17 42 27 37 38 28 23 Official creditors 17 42 27 37 38 27 23 Multilateral 0 8 10 10 9 10 11 Concessional 0 3 3 3 4 5 6 Bilateral 17 34 17 27 28 18 12 Concessional 0 17 17 16 17 11 6 Private creditors 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 Private nonguaranteed 0 1 2 2 1 3 4 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 1 2 2 I 3 4 Memo: mRD 0 0 0 0 0 0 0 IDA 0 3 3 3 4 5 6 169 GEORGIA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 ···.·.·~e~~Ą·~of.fQ1l'PU8tlt·ANIlPuBt(tY·GU~EEl>DEBt(PElltj.Nl')·. Euro 15.6 17.0 19.3 20.9 20.2 Japanese yen 0.0 0.2 0.7 1.5 2.3 2.8 2.7 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.4 0.2 0.2 0.2 0.2 0.2 0.2 U.S.dollars 75.3 82.3 83.2 80.5 no 73.0 72.7 7. DEBTRESTRUf::TUlUNGS Total amount rescheduled 0 0 34 48 0 61 57 Debt stock rescheduled 0 0 0 0 0 0 0 Principal rescheduled 0 0 34 48 0 58 49 Official 0 0 34 48 0 58 49 Private 0 0 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 3 7 Official 0 0 0 0 0 3 7 Private 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 of which debt buyback 0 0 0 0 0 0 0 8.DE8TSTO(;r.~FJJ()WIu;(1QNClLIATION Total change in debt stocks -210 -16 91 110 96 130 -154 Net flows on debt -272 33 117 16 -52 66 -28 Cross-currency valuation 18 -51 -36 97 132 68 -123 9. AVERAGE TElWSOFNEWeOMMITMENTS ALL CREDITORS Interest (%) 1.5 1.1 0.8 0.8 0.8 1.3 0.8 Maturity (years) 32.3 32.0 39.6 39.4 39.7 33.3 39.9 Grace period (years) 9.6 8.9 10.1 9.9 10.4 9.9 10.2 Grant element (%) 71.3 72.2 80.4 80.1 SO.7 71.6 SO,6 Official creditors Interest (% ) 1.5 I.l 0.8 O.S 0.8 1.3 0,8 Maturity (years) 32.3 32.0 39.6 39.4 39.7 33.3 39.9 Grace peri od (years) 9.6 8.9 10.1 9.9 10.4 9,9 10.2 Grant element (%) 71.3 72.2 80.4 80.1 80.7 71.6 80.6 Private creditors Interest (%) 0.0 0.0 0.0 0.0 0,0 0.0 0.0 Maturity (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period (years) 0.0 0,0 0.0 0.0 0,0 0,0 0,0 Grant element (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 'I... eO~cnJALoBUGAnQNSO:NQtlTSTANDINGLON~·~~T 2006 2007 2008 2009 2010 2011 2012 2013 TOTAL Principal 67 71 67 88 88 90 70 79 Interest 32 30 28 26 23 20 17 15 Official creditors Principal 63 54 46 66 68 72 57 70 Interest 26 25 24 22 20 18 16 14 Bilateral creditors Principal 51 40 29 27 29 32 16 29 Interest 15 14 13 12 11 10 9 8 Multilateral creditors Principal 12 15 17 39 40 40 41 41 Interest II 11 II II 9 8 7 6 Private creditors Principal 4 17 22 22 19 18 13 8 Interest 6 5 4 3 2 2 I I Notes: 170 GHANA (US$ million, unless otherwise indicated) 200! 2002 2003 2004 2005 TOTAL DEBT STOCKS (EDT) 3,734 5,495 6,B6 6,343 6,962 7,573 7,067 6,739 Long-term debt (LOaD) 2,670 4,227 5,251 5,508 6,009 6,424 5,893 5,734 Public and publicly guaranteed 2,637 4,200 4,994 5,253 5,756 6,423 5,893 5,734 Pri vate nonguaranteed 33 27 257 255 253 1 0 0 Use of IMF credit 745 648 293 284 363 453 468 417 Short-term debt 320 620 572 551 590 696 706 587 of which interest arrears on LOOO 56 26 10 14 18 21 19 9 OtIicial creditors 45 21 7 4 7 7 8 5 Pri vate creditors Il 5 3 10 II 14 II 4 Memorandum items Principal arrears on LOOO 77 86 25 36 53 53 35 19 Official creditors 50 45 11 7 22 18 9 11 Private creditors 27 41 14 29 31 35 26 8 TOTAL DEBT FLOWS Disbursements 473 570 397 622 316 408 459 517 Long-tenn debt 408 528 362 555 248 334 420 478 IMF purchases 65 42 35 67 68 74 39 39 Principal repayments 260 292 254 190 88 366 157 189 Long-telID debt 143 184 217 124 83 363 134 157 IMF repurchases 116 108 37 65 5 2 24 32 Net flows on debt 312 349 7 407 263 146 314 219 of which short-tenn debt 98 71 -136 -25 34 104 12 -109 Interest payments (INT) 104 95 134 90 90 89 86 96 Long-tenn debt 55 57 95 61 71 66 58 72 IMF charges 37 10 1 1 2 2 2 2 Short -term debt 12 28 38 27 17 20 25 21 Net transfers on debt 207 254 -127 317 173 57 228 123 Total debt service paid (TDS) 364 386 388 280 178 454 243 285 Long-term debt 199 241 312 186 154 430 192 230 IMF repurchases and charges 153 117 39 67 6 4 26 33 Short-tenn debt (interest only) 12 28 38 27 17 20 25 21 NET RESOURCE FLOWS 728 689 537 827 587 568 2,242 1,340 Net How of long-tenn debt (ex. IMF) 265 344 144 431 165 -30 287 321 Foreign direct investment (net) 15 107 166 89 59 137 139 107 Portfolio equity Hows 0 0 0 0 0 0 0 0 Grants (excluding technical coop.) 449 238 227 308 363 461 1,816 913 Memo: technical coop. grants 61 108 125 112 126 138 142 129 NET TRANSFERS 666 632 442 766 515 502 2,184 1,268 Interest on long-term debt 55 57 95 61 71 66 58 72 Profit remittances on FDI 7 0 0 0 0 0 0 0 Gross national income (GNI) 5,774 6,324 4,825 5,205 6,028 7,459 8,674 10,590 Exports of goods, servo & ine. (XGS) 955 1,613 2,489 2.461 2,628 3,279 3,534 4,011 Worker remit. & compo of employees 6 17 32 46 44 65 82 99 Inlports of goods & services (MGS) 1,583 2,262 3.474 3,699 3,517 4,311 5,598 6,840 International reserves (RES) 309 804 309 376 636 1,470 1,750 1.897 Current account balance -223 -144 -387 -325 -32 302 -316 -812 EOT/XGS (%) 391.1 340.7 245.8 257.7 264.9 231.0 200.0 168.0 EDT IGNI (%) 64.7 86.9 126.7 121.9 115.5 101.5 81.5 63.6 TDS/XGS (%) 38.1 24.0 15.6 11.4 6.8 13.9 6.9 7.1 !NT IXGS (%) 10.9 5.9 5.4 3.6 3.4 2.7 2.4 2.4 !NT I G:>lI(%) 1.8 1.5 2.8 1.7 1.5 1.2 1.0 0.9 RES/EDT(%) 8.3 14.6 5.1 5.9 9.1 19.4 24.8 28.2 RES I MGS (months) 2.3 4.3 l.l 1.2 2.2 4.1 3.8 3.3 Short-tenn I EDT (%) 8.6 11.3 9.4 8.7 8.5 9.2 10.0 8.7 ConcessionaI I EDT (%) 53.2 63.2 73.3 70.4 71.7 75.1 74.1 76.8 Multilateral! EDT (%) 49.4 54.3 59.9 58.7 58.7 61.5 72.6 75.0 171 GHANA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 2,670 4,227 5,251 5,508 6,009 6,424 5,893 5,734 Public and publicly guaranteed 2,637 4,200 4,994 5,253 5,756 6,423 5,893 5,734 Official creditors 2,424 3,847 4.703 4,870 5,382 6,069 5.569 5,420 Multilateral 1,846 2,982 3.663 3,725 4,085 4,657 5,131 5,051 Concessional 1,510 2,670 3,515 3,600 3,973 4,553 5,017 4,957 Bilateral 578 865 1,039 1,145 1,297 1,412 438 369 Concessional 475 802 970 863 1,021 1,136 221 219 Private creditors 213 352 292 384 374 354 324 315 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 10 97 51 125 144 173 250 262 Private nonguaranteed 33 27 257 255 253 1 0 0 Bonds 0 0 250 250 250 0 0 0 Commercial banks and other 33 27 7 5 3 I 0 0 Memo: lBRD 113 59 9 6 5 4 2 0 IDA J,31O 2,375 3,]30 3,172 3,471 3,950 4,309 4,234 Public sector LDOD 2,637 4,200 4,994 5,253 5,756 6,423 5,893 5,734 Private sector LDOD 33 27 257 255 253 1 0 0 DISBURSEMENTS 408 528 362 555 248 334 420 478 Public and publicly guaranteed 400 528 362 555 248 334 420 478 Official creditors 351 414 340 352 227 296 351 425 Multilateral 274 284 223 261 158 274 337 408 Concessional 214 269 222 258 155 269 324 388 Bilateral 77 130 117 90 69 22 14 17 Concessional 68 124 88 58 36 15 8 17 Private creditors 48 115 22 203 21 38 69 53 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 9 64 14 91 21 38 66 49 Private nonguaranteed 8 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 8 0 0 0 0 0 0 0 Memo: lBRD 0 0 0 0 0 0 0 0 IDA 201 242 204 193 99 198 230 305 PRINCIPAL REPAYMENTS 143 184 217 124 83 363 134 157 Public and publicly guaranteed 135 179 214 122 81 111 133 157 Official creditors 64 108 141 83 46 59 105 117 Multilateral 29 73 68 65 30 31 27 42 Concessional 6 17 35 45 18 18 18 28 Bilateral 35 34 74 18 15 28 77 76 Concessional 33 32 59 10 14 22 19 9 Private creditors 71 72 73 39 36 53 28 40 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 17 2 25 16 5 21 9 19 Private nonguaranteed 8 5 3 2 2 252 1 0 Bonds 0 0 0 0 0 250 0 0 Commercial banks and other 8 5 3 2 2 2 0 Memo: lBRD 10 15 8 3 1 2 2 2 IDA 2 8 25 34 10 8 11 15 INTEREST PAYMENTS (Lll'.'T) 55 57 95 61 71 66 58 72 Public and publicly guaranteed 53 55 80 47 57 66 58 72 Official creditors 42 50 64 40 42 52 47 58 Multilateral 30 40 39 33 34 32 38 42 Concessional 10 18 26 27 25 26 33 38 Bilateral 12 10 26 7 7 21 9 16 Concessional IO 9 21 6 6 15 4 5 Pri vale creditors 11 5 16 7 16 14 11 15 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 2 0 3 2 3 5 4 11 Private nonguaranteed 2 2 14 14 14 0 0 0 Bonds 0 0 14 14 14 0 0 0 Commercial banks and other 2 2 1 0 0 0 0 0 Memo: lBRD 9 6 1 0 I 0 0 IDA 8 17 22 25 20 21 28 31 172 GHANA (US$ million, unless otherwise indicated) 2000 2001 Euro 4,0 4.1 3.6 3,1 3.2 Japanese yen 5.4 14.0 16,2 13.9 13.3 13.1 0.0 0.0 Pound sterling 3.0 5.2 2.1 1.4 l.l O.S 0.1 0.0 Swiss franc 0.7 0,3 0.1 0.1 0.1 0.0 0.0 0.0 U.S.dollars 60.5 59.9 67.6 69.7 70.4 71.0 S1.6 79.2 Total amount rescheduled 0 0 0 199 74 20 5 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 66 39 15 4 0 Official 0 0 0 42 35 7 4 0 Private 0 0 0 24 4 8 0 0 Interest rescheduled 0 0 0 27 17 5 1 0 Official 0 0 0 22 16 3 1 0 Private 0 0 0 5 I 3 0 0 Debt forgiven 102 0 0 0 107 56 161 67 Memo: interest forgiven 0 0 0 0 17 9 36 5 Debt stock reduction 0 0 0 0 0 0 932 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 440 394 -304 227 619 611 -506 -328 Net flows on debt 312 349 7 407 263 146 314 219 valuation 166 -120 -292 -238 361 471 200 -436 ALL CREDITORS Interest (%) 2.8 2.2 3.7 1.5 0.9 1.1 1.1 0.8 Maturity (years) 32.0 30.4 23.0 39.3 29.6 40.0 35.2 43.0 Grace peri od (years) 8.5 8.1 5,9 10.8 6.3 8.6 -5.6 7.0 Grant element (%) 59.5 61.6 43.6 73.9 63.4 74.4 71.3 81.3 Official creditors Interest (%) 2.1 1.5 1.4 0.8 0.8 1.1 0.9 0.8 Maturity (years) 35.4 34.8 34.7 41.1 40.2 40.7 37.4 43.0 Grace period (years) 9.4 9.4 8.9 11.9 8.5 8.8 -6.8 7.0 Grant element (%) 67.2 71.1 69.8 81.3 73.8 75.5 74.9 81.3 Private creditors Interest (%) 8.1 6.4 6.2 7.0 1.0 3.3 3.3 0.8 Maturity (years) 8.2 6.6 10,1 25.6 14.3 10.4 15.2 40,2 Grace period 2.1 1.3 2.7 2.2 3.2 2.7 4.9 10.7 Grant element 5.1 10.6 14.6 18.6 48.3 30.1 39.1 81.0 TOTAL Principal 234 190 178 180 185 195 204 204 Interest 77 73 69 65 62 59 55 52 Official creditors Principal 193 147 146 151 158 167 179 185 Interest 61 59 57 55 53 51 49 46 Bilateral creditors Principal 81 29 23 23 25 25 25 24 Interest 13 11 II 10 9 8 7 6 Multilateral creditors Principal 112 ]19 124 129 133 142 154 162 Interest 47 47 46 45 44 43 42 40 Private creditors Principal 41 43 31 29 27 27 25 19 Interest 16 14 12 10 9 8 6 5 Notes: Rescheduling: Debt data include the effects of Paris Club debt restructuring agreement signed in 2005. 173 GRENADA (U8$ million, unless otherwise indicated) 1995 2000 'lt~YD~TDA,TA TOTAL DEBT STOCKS (EDT) 110.8 127.0 201.4 239.6 366.0 376.7 432.2 404.7 Long-tenn debt (LDOD) 97.9 112.4 179.8 183.9 294.1 300.1 346.7 390.0 Public and publicly guaranteed 97.9 112,4 179.8 183.9 294.1 300.1 346.7 390.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Use of IMF credit 0.0 0.0 0.0 0.0 0.0 4.4 9.1 8.4 Short-term debt 12.9 14.6 21.6 55.7 71.9 72.2 76.3 6.3 of which interest arrears on LDOD 6.9 6.6 4.5 4.7 4.9 6.2 13.3 4.3 Official creditors 6.5 6.3 1.6 2.9 2.8 3.5 4.0 1.6 Pri vate creditors 0.3 0.3 2.9 1.8 2.1 2.8 9.3 2.7 Memorandum items Principal arrears on LDOD 17.0 20.8 10.6 8.2 7.0 6.0 7,4 7.9 Official creditors 15.4 19.7 7.3 7.4 7.0 5.9 6.9 7.7 Private creditors 1.5 1.1 3.2 0.8 0.0 0.2 0.5 0.1 TOTAL DEBT FLOWS Disbursements 14.8 4.9 77.6 21.9 115.9 24.9 59.0 38.5 Long-term debt 14.8 4.9 77.6 21.9 115.9 20.8 54.6 38.5 IMF purchases 0.0 0.0 0.0 0.0 0.0 4.1 4.3 0.0 Principal repayments 1.7 5.6 10.1 9.9 12.4 11.6 10.5 7.2 Long-tenn debt 1.3 5.6 10.1 9.9 12.4 11.6 10.5 7.2 IMF repurchases 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Net flows on debt 13.1 ·1.7 63.4 45.9 119.6 12.3 45.5 -29.7 of which short -tenn debt 0.0 -1.0 -4.1 33.9 \6.1 -1.0 -3.0 -61.0 Interest payments (INT) 1.6 2.3 4.4 7.3 16.0 19.5 19.0 5.1 Long-term debt 1.2 1.7 3.4 6.0 14.9 18.7 17.0 3.5 IMF charges 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.3 Short-term debt 0,4 0.5 1.0 1.2 1.1 0.8 1.9 1.3 Net transfers on debt 11.5 -4.0 59.0 38.6 103.7 -7.2 26.5 ·34.7 Total debt service paid (TDS) 3.3 7.9 14.5 17.2 28.4 31.1 29.5 12.2 Long-tenn debt 2.4 7.4 J 3.5 16.0 27.3 30.2 27,4 10.6 IMF repurchases and charges 0.5 0.0 0.0 0.0 0.0 0.0 0.1 0.3 Short -term debt (interest only) 0.4 0.5 1.0 L2 l.l 0.8 1.9 1.3 NET RESOURCE FLOWS 30.6 27.3 112.0 74.5 160.6 106.8 110.8 89.1 Net flow of long-term debt (ex. IMF) 13.5 -0.8 67.5 12.0 103.5 9.3 44.2 31.3 Foreign direct investment (net) 12.9 20.0 37.4 58.7 54.5 89.2 54.0 26.3 Portfolio equity flows 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grants (excluding technical coop.) 4.2 8.1 7.1 3.7 2.6 8.4 12.6 31.4 Memo: technical coop. grants 2.8 3.8 4.7 1.6 1.9 1.3 1.2 1.7 NET TRANSFERS 21.1 13.0 80.7 34.S 113.5 62.0 79.9 77.2 Interest on long-term debt 1.2 1.7 3.4 6.0 14.9 18.7 [7.0 3.5 Profit remittances on FOI 8.4 12.6 27.8 33.6 32.2 26.1 13.9 8.4 Gross national income (GNI) 208.9 262.9 376.0 353.5 354.6 395.4 394.1 Exports of goods. servo & inc. (XGS) 105.5 128.7 240.8 200.7 176.7 183.3 195.9 171.3 Worker remit. & compo of employees 18.0 18.0 22.0 22.0 23.0 23.0 24.0 22.0 Imports of goods & services (MGS) 153.2 186.6 349.0 326.9 323.8 363.5 375.6 414.8 International reserves (RES) 17.6 36.7 57.7 63.9 87.8 83.2 121.7 94.3 Cun-ent account balance -46.2 -40.8 -88.1 -105.1 -125.6 -143.7 -58.8 -129.4 '. ~.'.I$T lNlI~ATQB$ EDT /XGS (%) 105.0 98.7 83.6 119.4 207.1 205.5 220.6 236.3 EDT /GNI(%) 53.0 48.3 53.6 67.8 103.2 95.3 109.7 TDS /XGS (%) 3.1 6.1 6.0 8.6 16.1 17.0 15.0 7.1 INT /XGS (%) 1.5 1.8 1.8 3.6 9.0 10.7 9.7 3.0 INt / GNI (%) 0.7 0.9 L2 2.1 4.5 4.9 4.8 RES /EDT (%) 15.9 28.9 28.6 26.7 24.0 22.1 28.2 23.3 RES / MGS (months) 1.4 2.4 2.0 2.3 3.3 2.7 3.9 2.7 Short-tenn / EDT (%) 1l.6 11.5 10.7 23.2 \9.7 19.2 17.7 1.6 Concessionall EDT (%) 70.1 68.7 47.0 42.2 29.4 28.6 26.5 35.8 Multilateral/EDT (%) 35.7 39.6 31.4 27.9 20.9 22.4 21.8 30.6 174 GRENADA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 97.9 112.4 179.8 183.9 294.1 300.1 346.7 390.0 Public and publicly guaranteed 97.9 112.4 179.8 183.9 294.1 300.1 346.7 390.0 Official creditors 95.0 104.7 U6.8 125.0 131.5 132.5 141.5 172.5 Multilateral 39.5 50.3 63.3 66.7 76.4 84.4 94.3 123.9 Concessional 36.6 46.0 53.1 53.5 62.1 67.3 74.1 102.6 Bilateral 55.4 54.4 53.5 58.2 55.0 48.1 47.2 48.6 Concessional 41.0 41.3 41.6 47.6 45.5 40.5 40.5 42.1 Pri vate creditors 2.9 7.7 63.0 58.9 162.6 167,6 205.2 217.5 of which: Bonds 0.0 0.0 26.6 26.6 129.6 129.8 171.3 214.3 Commercial banks 0.7 0.3 32.2 29.6 28.2 34.2 31.7 2.2 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: lBRD 0.0 0.0 2.2 3.4 4.2 6.4 7.8 10.1 IDA 5.5 7.3 9.6 9.2 16.2 19.3 21.3 22.9 Public sector LOOD 97.9 112.4 179.8 183.9 294.1 300.1 346.7 390.0 Private sector LDOD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 DISBURSEMENTS 14.8 4.9 77.6 21.9 115.9 20.8 54.6 38.5 Public and publicly guaranteed 14.8 4.9 77.6 21.9 115.9 20.8 54.6 38.5 Official creditors 14.3 4.9 19.8 21.9 12.1 12.2 12.8 3S.5 Multilateral 2.9 3.4 11.7 7.4 12,0 12.1 11.9 35.3 Concessional 2.9 1.3 7.0 3.5 10.2 8.9 7.8 32.5 Bilateral 11.4 1.5 8.1 14.6 0.1 0.1 0.9 3.2 Concessiona1 11.2 1.4 7.2 14.4 0.1 0.1 0.9 3.2 Private creditors 0.5 0.0 57.8 0.0 103.8 8.6 41.9 0.0 of which: Bonds 0.0 0.0 26.6 0.0 103.0 0.2 41.5 0.0 Commercial banks 0.0 0.0 30.0 0.0 O,S 8.4 0.4 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0,0 0.0 0.0 0.0 Memo: lBRD 0.0 0.0 1.9 l.l 0.8 2.2 1.8 2.8 IDA 1.0 0.0 0.8 0.1 6.1 1.6 1.1 3,6 PRINCIPAL REPAYMENTS 1.3 5.6 10.1 9.9 12.4 11.6 10.5 7.2 Public and publicly guaranteed 1.3 5.6 10.1 9.9 12.4 11.6 10.5 7.2 Official creditors l.l 3.9 6.3 6.2 8.1 7.7 6.1 5.4 Multilateral 1.0 2.8 3.2 3.1 3.6 3.3 3.2 3.6 Concessional 0.8 2.6 2.1 2.2 2.8 2.1 2.2 1.9 Bilateral 0.1 1.1 3.2 3.1 4.5 4.4 2.9 1.8 Concessional 0.0 1.1 2.6 1.9 3.3 2.3 2.0 1.6 Pri vate creditors 0.2 1.8 3.7 3.7 4.3 3.8 4.4 1.8 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.1 0.2 2.4 2.6 2.3 2.4 2.9 0.5 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0,0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.3 0.6 IDA 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.2 INTEREST PAYMENTS (LINT) 1.2 1.7 3.4 6.0 14.9 IS.7 17.0 3.5 Public and publicly guaranteed 1.2 1.7 3.4 6.0 14.9 18.7 17.0 3.5 Official creditors 1.0 1.6 2.3 2.6 4.8 3.9 4.5 3.4 Multilateral 1.0 1.3 1.1 \.6 1.9 2.1 2,3 2.6 Concessional 1.0 1.2 0.8 \.0 1.3 1.2 1.4 1.6 Bilateral 0.0 0.2 1.3 1.0 2.9 1.8 2.3 0.8 Concessional 0.0 0.2 0.8 0.6 2.4 1.4 2.2 0.8 Private creditors 0.2 0.2 1.1 3.4 \0.1 14.7 12.4 0.1 of which: Bonds 0.0 0,0 0.0 1.3 7.1 12.0 9.3 0.0 Commercial banks 0.2 0.1 1.1 2.0 2.9 2.7 3.1 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.2 0.2 0.3 0.3 0.4 IDA 0.0 0.1 0.1 0.1 0.1 0.1 0.2 0.2 175 GRENADA (US$ million, unless othenvise indicated) 1990 1995 2000 2001 2002 2003 Euro 1.4 0.8 1.0 0.6 0.4 Japanese yen 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Pound sterling 34.5 33.7 6.3 1.9 2.0 0.6 0.3 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 57.3 59.7 78.7 81.2 87.5 89.0 91.1 91.5 '1~l>tBT Total amount rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 208.7 Debt stock resclleduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 195.4 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 195.4 Interest rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13.3 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13.3 Debt forgiven 0.0 0.6 0.0 0.0 0.0 0.0 0.0 0.0 Memo: interest forgiven 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt stock reduction 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which debt 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Total change in debt stocks 21.8 -2.0 65.6 38.2 126.4 10.7 55.5 -27.5 Net flows on debt 13.1 -1.7 63.4 45.9 119.6 12.3 45.5 -29.7 6.3 0.2 -2.0 -1.1 2.6 3.3 2.2 -3.3 ";A;Y.:autAGE TERMS OF NEW ALL CREDITORS Interest ('Yo) 4.6 2.6 4.5 1.9 3.4 3.5 4.2 2.0 Maturity (years) 17.2 28.2 18.1 19.0 13.0 20.9 15.1 24.3 Grace period (years) 2.4 5.6 7.2 3.0 9.3 5.8 9.6 5.1 Gram element ('Yo) 30.2 52.2 35.8 46.4 42.2 43.6 39.2 56.5 Official creditors Interest ('Yo) 4.6 2.6 3.8 0.9 3.3 3.5 2.4 2.0 Maturity (years) 17.2 28.2 24.4 23.6 24.1 21.2 26.6 24.3 Grace period (years) 2.4 5.6 7.2 3.6 7.2 5.7 8.7 5.1 Grant element (%) 30.2 52.2 45.8 57.9 48.8 44.2 58.0 56.5 Private creditors Interest (%) 0.0 0.0 5.0 5.0 3.4 7.6 5.0 0.0 Maturity (years) 0.0 0.0 13.5 5.6 9.9 10.0 10.0 0.0 Grace period (years) 0.0 0.0 7.2 1.1 9.9 10.0 10.0 0.0 Grant element (%) 0.0 0.0 28.5 13.1 40.3 14.9 30.7 0.0 ··1ft~(lO~~~;<\"t~.UGA1'JONS 2006 2007 2008 2009 2010 TOTAL Principal 14.3 10.8 11.3 11.0 11.4 12.1 17.3 11.3 Interest 17.7 17.6 19.0 20.3 19.9 19.6 19.1 18.6 Official creditors Principal 13.1 9.8 11.0 10.8 1l.2 11.9 11.7 11.3 Interest 5.5 5.5 5.} S.l 4.7 4.4 4.0 3.6 Bilateral creUitors Principal 6.9 3.3 3.8 3.7 3.7 3.6 3.2 2.8 Interest 1.6 1.4 1.3 1.2 1.0 0.9 0.7 0.6 Multilateral creditors Principal 6.2 6.5 7.2 7J 7.5 8.3 8.4 8.5 Interest 3.9 4.0 4.0 3.9 3.7 3.5 3.2 3.0 Private creditors Principal 1.1 1.0 0.3 0.2 0.2 0.2 5.7 0.0 Interest 12.2 12.2 13.7 15.2 15.2 15.2 15.1 \5.0 Notes: 176 GUATEMALA (U5$ million, unles,~ othelwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 TOTAL DEBT STOCKS (EDT) 2,849 3,282 3,853 4,289 4,433 5,082 5,531 5,349 Long-term debt (LDOD) 2,368 2,470 2,681 3,050 3,200 3,512 3,915 3,793 Public and publicly guaranteed 2,241 2,328 2,540 2,928 3,098 3.427 3,794 3,688 Private nonguaranteed 127 142 142 121 102 86 120 105 Use of IMF credit 67 0 0 0 0 0 0 0 Short·term debt 414 812 1,172 1,239 1,233 1,570 1,616 .1,556 of which interest arrears on LDOD 207 220 317 374 388 401 414 414 Official creditors 46 22 14 1 1 0 0 0 Private creditors 161 199 303 373 387 401 414 414 Memorandum items Principal arrears on LDOD 264 257 224 149 134 134 131 131 Official creditors 99 46 28 10 0 0 0 0 Private creditors 165 211 196 139 134 134 131 131 TOTAL DEBT FLOWS Disbursements 164 200 210 512 327 478 675 144 Long-term debt 164 200 210 512 327 478 675 144 IMF purchases 0 0 0 0 0 0 0 0 Principal repayments 118 211 188 214 215 240 290 214 Long-term debt 106 211 188 214 215 240 290 214 IMF repurchases 12 0 0 0 0 0 0 0 Net flows on debt 50 142 56 308 92 562 418 ·131 of which short -term debt 4 153 34 10 -20 324 33 -60 Interest payments (INT) 112 145 202 206 205 221 257 263 Long-term debt 89 113 152 157 171 191 222 210 IMP charges 7 0 0 0 0 0 0 0 Short-term debt 16 32 50 49 34 30 36 53 Net transfers on debt ·63 ·3 ·146 102 ·113 341 161 ·393 Total debt service paid (TDS) 230 357 390 420 420 460 547 477 Long-term debt 195 325 340 372 386 430 511 424 IMF repurchases and charges 19 0 0 0 0 0 0 0 Short-term debt (interest only) 16 32 50 49 34 30 36 53 J'liET RESOURCE FLOWS 175 170 397 887 375 519 671 324 Net flow of long-term debt (ex, IMF) 58 -11 22 298 112 238 385 -71 Foreign direct investment (net) 48 75 230 456 111 131 155 208 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop.) 69 106 146 134 152 150 132 187 Memo: technical coop. grants 87 91 87 122 126 127 126 97 NET TRANSFERS 48 ·38 ·3 525 ·82 10 159 ·260 Interest on long-term debt 89 113 152 157 171 191 222 210 Profit remittances on FDI 37 95 248 205 287 319 291 375 Gross national income (GNI) 7,494 14,498 19.065 20,864 22,935 24,529 27,041 31,340 Exports of goods, serv, & inc. (XGS) 1,695 3,228 4.640 4,814 5,705 6,404 7,270 8,180 Worker remiL & comp, of employees 119 358 596 634 1,600 2,147 2,592 3,033 Imports of goods & services (MGS) 2,028 3,933 5,991 6A72 7,337 7,799 8,974 10,132 International reserves (RES) 362 783 1,806 2,352 2,373 2,925 3,522 3.777 Current account balance -213 -572 -1,050 -1,253 -1,235 -1,039 -1,211 ·1,387 EDT/XGS (%) 168,1 101.7 83,0 89.1 77.7 79,4 76,1 65,4 EDT/GNI(%) 38,0 22.6 20.2 20,6 19.3 20,7 20,5 17,1 TDS/XGS (%) 13,6 11.1 8.4 8,7 7.4 7,2 7.5 5,8 INT I XGS (%) 6.6 4.5 4.3 4.3 3.6 3.4 3,5 3.2 INT/GNI(%) 1.5 1.0 LJ 1.0 0,9 0.9 10 0,8 RES IEDT(%) 12.7 23.9 46,9 54,8 53.5 57.6 63,7 70.6 RES I MGS (months) 2.1 2.4 3,6 4.4 3,9 4,5 4.7 4,5 Short-term I EDT (%) 14.5 24,7 30.4 28,9 27.8 30,9 29,2 29.1 Concessionall EDT (%) 24.9 30.7 25.1 22,2 20,9 18.5 15.7 14.5 Multilateral I EDT (%) 36.4 30.4 38.0 37.9 41.9 38.1 37.0 37,6 177 GUATEMAI,A (US$ million, unless otherwise indicated) 2000 .$~tQN~ri!QtlEll1' DEBT OUTSTANDING (LDOD) 2,368 2,470 2,681 3,050 3,200 3,512 3,915 3,793 Public and publicly guaranteed 2,241 2,328 2,540 2,928 3,098 3,427 3,794 3,688 Official creditors 1,684 1,787 2,098 2,251 2A53 2,515 2,557 2,451 Multilateral 1,036 998 1,462 1,626 1,856 1,934 2,046 2,011 Concessional 332 367 376 374 371 393 380 349 Bilateral 648 789 635 625 597 581 511 440 Concessional 377 642 590 578 555 546 489 424 Private creditors 557 541 442 677 644 912 1.237 1,237 of which: Bonds 190 264 245 540 508 777 1,105 1,105 Commercial banks 118 61 0 0 0 0 0 0 Private nonguaranteed 127 142 142 121 102 86 120 105 Bonds 0 0 0 0 0 0 50 50 Commercial banks and other 127 142 142 121 102 86 70 55 Memo: IDRD 293 158 296 330 400 428 478 479 IDA 0 0 0 0 0 0 0 0 Public sector LDOD 2,238 2,328 2,540 2,928 3,098 3.427 3.794 3.688 Private sector LDOD 130 142 142 121 102 86 120 105 DISBURSEMENTS 164 200 210 512 327 478 675 144 Public and publicly guaranteed 156 200 210 512 327 478 625 144 Official creditors 126 128 210 187 327 178 295 144 Multilateral 68 87 157 179 320 162 274 131 Concessional 20 18 9 10 11 4 2 4 Bilateral 58 41 53 8 7 16 21 13 Concessional 57 21 52 8 7 16 21 13 Private creditors 30 73 0 325 0 300 330 0 of which: Bonds 0 59 0 325 0 300 330 0 Commercial banks 14 2 0 0 0 0 0 0 Private nonguaranteed Bonds Commercial banks and other 7 0 0 0 0 0 0 ° 0 0 0 0 0 0 0 0 50 50 0 0 0 0 7 0 Memo: IDRD 16 13 51 46 83 45 79 34 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 106 211 188 214 215 240 290 214 Public and publicly guaranteed 103 192 168 194 196 223 274 199 Official creditors 59 151 136 162 162 191 273 199 Multilateral 28 92 78 94 102 130 170 145 Concessiona1 6 14 14 16 16 19 23 22 Bilateral 31 59 58 68 60 61 102 54 Concessional 3 23 45 54 52 53 89 48 Pri vate creditors 44 42 32 32 34 33 2 I of which: Bonds II 15 31 31 32 32 1 0 Commercial banks 29 17 0 0 0 0 0 0 Private nonguaranteed 3 19 20 20 19 17 16 15 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 3 19 20 20 19 17 16 15 Memo: IBRD 5 40 13 12 13 18 29 33 IDA 0 0 0 0 0 0 0 0 INTEREST PAYMENTS (LINT) 89 113 152 157 171 191 222 210 Public and publicly guaranteed 79 108 133 150 166 187 214 203 Official creditors 52 80 110 130 117 III 113 102 Multilateral 33 52 84 101 95 92 96 87 Concessional 4 7 7 7 7 7 8 7 Bilateral 19 29 26 29 22 20 18 15 Concessional 4 16 22 24 19 18 16 14 Private creditors 27 28 23 20 49 75 101 101 of which: Bonds 18 23 22 20 49 75 101 101 Commercial banks 7 3 0 0 0 0 0 0 Private nonguaranteed 10 5 19 8 5 4 8 7 Bonds 0 0 0 0 0 0 5 5 Commercial banks and other 10 5 19 8 5 4 3 3 Memo: IDRD 3 14 21 22 22 19 17 19 IDA 0 0 0 0 0 0 0 0 178 GUATEMALA (US$ millio/!, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Eum 3.1 3.3 3.2 3.0 2.5 Japanese yen 0.0 2.5 2.9 3.4 3.5 3.8 3.7 3.5 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.5 0.2 0.1 0.0 0.0 0.0 0.0 U.S.doliars 51.6 54.8 75.0 79.3 80.7 81.5 83.9 85.7 Total amount rescheduled 30 0 0 0 0 0 0 0 Debt stock rescheduled 8 0 0 0 0 0 0 0 Principal rescheduled 13 0 0 0 a 0 0 0 Official 13 0 0 a 0 a 0 0 Private 0 a 0 0 0 0 0 0 Interest rescheduled 7 0 0 0 0 0 0 0 Ofticial 7 0 0 0 0 0 0 0 Private 0 0 0 0 a a 0 0 Debt forgiven 0 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 4 0 Debt stock reduction 0 0 0 57 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 245 178 72 435 144 650 449 -182 Net flows on debt SO 142 56 308 92 562 418 -131 36 10 -27 -26 38 37 11 -27 ALL CREDITORS Interest (%) 5.9 4.2 7.2 8.9 4.5 8.0 7.4 5.4 Maturity (years) 18.3 30.7 19.2 14.8 19.6 13.3 26.6 18.8 Grace period (years) 4.7 7.9 4.7 7.8 5.0 7.7 24.6 5.1 Grant element (%) 27.7 47.2 17.3 6.0 35.2 11.2 18.6 33.0 Official creditors Interest (%) 4.9 4.2 7.2 6.8 4.5 5.6 4.4 5.4 Maturity (years) 23.1 30.7 19.2 22.5 19.6 19.8 13.9 18.8 Grace period (years) 6.2 7.9 4.7 4.3 5.0 4.2 3.7 5.1 Grant element (%) 36.6 47.2 17.3 20.8 35.2 27.2 30.4 33.0 Private creditors Interest (%) 8.8 0.0 0.0 10.3 0.0 9.3 8.1 0.0 Maturity (years) 4.5 0.0 0.0 10.0 0.0 10.0 29.7 0.0 Grace period 0.5 0.0 0.0 10.0 0.0 9.4 29.7 0.0 Grant element 2.1 0.0 0.0 -3.1 0.0 3.1 15.7 0.0 2006 2007 2008 2009 2010 TOTAL Principal 251 390 265 312 248 550 198 476 Interest 236 233 212 199 184 173 102 92 Official creditors Principal 237 227 255 252 239 225 198 176 Interest 129 126 119 108 96 85 7S 65 Bilateral creditors Principal 55 45 35 35 33 29 23 20 Interest 14 12 10 9 8 7 6 5 Multilateral creditors Principal 182 181 220 218 206 196 175 156 Interest 1I5 115 109 99 88 78 69 60 Private creditors Principal 14 163 10 60 9 325 0 300 Interest 107 107 93 91 88 88 27 27 Notes: Long-term private non guaranteed debt data are World Bank staff estimates. 179 GUINEA (US$ million, unless otherwise indicated) 2000 TOTAL DEBT STOCKS (EDT) 2,476 3,242 3,388 3,254 3,401 3,457 3,538 3,247 Long-term debt (LDOD) 2,253 2,987 2,940 2,844 2,972 3,154 3,188 2,931 Public and publicly guaranteed 2,253 2,987 2,940 2,844 2,972 3,154 3,188 2,931 Pri vate nonguaranteed 0 0 0 0 0 0 0 0 Use of IMF credit 51 94 113 123 139 136 122 87 Short-term debt 172 161 335 287 289 166 229 229 of which interest arrears on LDOD 55 82 118 III 110 110 111 III Official creditors 49 71 114 107 106 106 107 107 Private creditors 6 10 4 4 4 4 4 4 Memorandum items Principal aITearS on LDOD 190 371 566 552 554 555 560 559 Official creditors 164 314 537 524 525 527 532 530 Private creditors 26 58 29 29 29 29 29 29 TOTAL DEBT FLOWS Disbursements 196 200 70 122 66 52 43 41 Long-term debt 196 169 70 95 49 52 43 41 IMF purchases 0 31 0 26 17 0 0 0 Principal repayments 110 129 98 68 89 97 128 115 Long-term deht 96 121 90 60 79 84 108 89 IMF repurchases 14 9 8 9 10 13 19 26 Net flows on debt 86 98 -41 14 -21 -167 -22 -74 of which short-term debt 0 27 -12 -40 2 -123 62 0 Interest payments (ll'Io7) 59 49 57 37 36 34 44 47 Long-term debt 53 44 41 29 31 30 40 42 IMFcharges 2 0 I 0 I 1 0 1 Short -term debt 4 5 15 7 3 4 4 4 Net transfers on debt 27 49 -97 -23 -57 -202 -66 -121 Total debt service paid (TDS) 169 178 155 105 125 131 172 162 Long-term debt 149 164 131 89 111 114 149 131 IMF repurchases and charges 16 9 9 9 11 13 19 27 Short-term debt (interest only) 4 5 IS 7 3 4 4 4 NET RESOURCE FLOWS 211 285 101 186 173 215 226 178 Net flow of long-term debt (ex. IMF) 100 49 -20 36 -30 -32 -65 -48 Foreign direct investment (net) 18 I 10 2 30 79 98 102 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop.) 93 235 112 148 173 168 193 124 Memo: technical coop. grants 61 72 51 52 55 69 72 63 NET TRANSFERS 97 218 52 111 140 106 186 136 Interest on long-term debt 53 44 41 29 31 30 40 42 Profit remittances on FDI 61 23 8 46 1 79 0 0 Gross national income (GNI) 2,669 3,608 3,035 2,950 3,170 3,598 3,987 3.241 Exports of goods, servo & inc. (XGS) 841 714 759 854 820 867 862 Worker remit & comp. of employees 0 1 I 9 15 111 42 42 Imports of goods & services (MGS) 1,115 1,109 973 994 1,051 1.076 1,001 International reserves (RES) 87 168 209 263 282 113 97 Current account balance -203 -216 -140 -60 -200 -185 -162 .4.~.t~lt;~TQ~. EDT/XGS (%) 294.3 454.3 446.4 381.1 414.6 398.9 410.3 EDT/GNI(%) 92.8 89.9 111.6 110.3 107.3 96.1 88.8 100.2 TDS/XGS (%) 20.0 25.0 20.4 12.3 15.2 15.1 19.9 INTIXGS(%) 7.0 6.8 7.5 4.3 4.4 4.0 5.1 INT I GNI (%) 2.2 1.4 1.9 L3 1.1 1.0 Ll 1.5 RES I EDT (%) 2.7 4.9 6.4 7.7 8.2 3.2 3.0 RES! MGS (months) 0.9 2.1 2.5 3.0 3.1 1.4 Short-term I EDT (%) 6.9 5.0 9.9 8.8 8.5 4.8 6.5 7.0 Concessionall EDT (%) 67.7 75.8 74.9 76.4 76.9 80.6 80.8 81.5 Multilateral! EDT (%) 27.4 45.0 47.7 48.8 50.2 54.2 54.0 54.0 180 GUINEA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 2,253 2,987 2,940 2,844 2,972 3,154 3,188 2,931 Public and publicly guaranteed 2,253 2,987 2,940 2,844 2,972 3,154 3,188 2,931 Official creditors 2.144 2,905 2,911 2,815 2,944 3,125 3,159 2,902 Multi lateral 678 1,460 1,615 1,589 1.708 1,873 1.911 1,754 Concessional 602 1,216 1,419 1,425 1.551 1,714 1,795 1,667 Bilateral 1,467 1,444 1,296 1,226 1,236 1,253 1,248 1,148 Concessional 1,073 1,241 1,117 1.060 1,063 1,071 1,064 978 Private creditors 108 82 29 29 29 29 29 29 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 24 0 Private nonguaranteed Bonds 0 0 25 0 0 ° 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRD 28 0 0 0 0 0 0 0 IDA 392 847 982 1,003 1,096 1,212 1,287 1,205 Public sector LDOD 2,253 2,987 2,940 2,844 2,972 3,154 3,188 2,931 Private sector LDOD 0 0 0 0 0 0 0 0 DISBURSEMENTS 196 169 70 95 49 52 43 41 Public and publicly guaranteed 196 169 70 95 49 52 43 41 Official creditors 196 169 70 95 49 52 43 41 Multilateral 90 161 70 95 49 52 43 41 Concessional 85 115 60 91 47 47 43 41 Bilateral 106 8 0 0 0 0 0 0 Concessional 105 8 0 0 0 0 0 0 Private creditors 0 0 0 0 of which: Bonds Commercial banks 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ° 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRD 0 0 0 0 0 0 0 0 IDA 52 59 29 70 32 33 38 32 PRINCIPAL REPAYMENTS 96 121 90 60 79 84 108 89 Public and publicly guaranteed 96 121 90 60 79 84 108 89 Official creditors 77 106 90 59 79 84 108 89 Multilateral 21 35 51 33 36 39 76 46 Concessional 6 26 29 22 21 22 27 30 Bilateral 56 71 39 27 43 45 33 43 Concessional 48 60 9 24 41 44 30 39 Private creditors 19 15 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 7 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRD 12 0 0 0 0 0 0 0 IDA 1 2 11 8 4 7 7 9 INTEREST PAYMENTS (LINT) 53 44 41 29 31 30 40 42 Public and publicly guaranteed 53 44 41 29 31 30 40 42 Official creditors 47 43 41 29 31 30 40 42 Multilateral 12 15 24 19 22 21 23 20 Concessional 5 9 13 12 13 14 15 16 Bilateral 35 28 17 10 9 9 17 22 Concessional 23 20 9 7 8 8 11 14 Private creditors 6 1 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 5 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRD 2 0 0 0 0 0 0 0 IDA 2 6 7 7 7 8 8 9 181 GUINEA (US$ million, ullless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 Euro 8.5 8.8 9.1 9.0 7.7 Japanese yen 2.2 3.5 2.8 2.2 2.2 2.2 2.1 1.8 Pound sterling 1.8 0.9 0.6 0.6 0.6 0.5 0.6 0.5 Swiss franc 0.6 0.3 0.2 0.2 0.2 0.2 0.2 0.2 U.S. dollars 33.1 48.5 54.1 56.2 57.1 57.8 58.0 58.6 Total amount rescheduled 110 130 0 14 5 5 0 0 Debt stoek rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 71 94 0 5 3 2 0 0 Official 71 93 0 5 3 2 0 0 Private 0 2 0 0 0 0 0 0 Interest rescheduled 0 16 0 3 3 3 1 0 Official 0 15 0 3 3 3 I 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 2 53 0 36 31 28 13 12 Memo: interest forgiven a 8 a 15 14 14 6 1 Debt stock reduction a 0 0 0 a a 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stoeks 300 132 -135 -134 147 56 82 -292 Net flows on debt 86 98 -41 14 -21 -167 -22 -74 106 -16 -97 -72 141 168 74 -161 ALL CREDITORS Interest (%) 2.6 2.1 1.3 0.8 0.8 1.0 0.8 0.3 Maturity (years) 30.5 21.3 38.1 42.1 47.7 45.4 40.9 40.4 Grace period (years) 8.2 6.8 9.1 10.4 10.3 9.7 10.2 5.0 Grant element (%) 59.5 50.6 73.3 81.3 82.7 78.8 80.8 78.2 Official creditors Interest (%) 2.6 2.0 1.3 0.8 0.8 1.0 0.8 0.3 Maturity (years) 30.5 25.9 38.1 42.1 47.7 45.4 40.9 40.4 Grace period (years) 8.2 8.5 9.1 10.4 10.3 9.7 10.2 5.0 Grant element (%) 59.5 60.8 73.3 81.3 82.7 78.8 80.8 78.2 Private creditors Interest (%) 0.0 2.7 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 0.0 3.5 0.0 0.0 0.0 0.0 0.0 0.0 Grace period 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0 Grant element 0.0 10.8 0.0 0.0 0.0 0.0 0.0 0.0 2006 2007 2008 2009 2010 2012 2013 TOTAL Principal 99 95 95 98 101 101 102 101 Interest 39 36 34 32 30 28 26 24 Official creditors Principal 99 95 95 98 101 101 102 101 Interest 39 36 34 32 30 28 26 24 Bilateral creditors Principal 39 38 36 37 36 34 35 36 Interest 21 19 18 17 16 15 14 !3 Multilateral creditors Principal 59 57 59 61 64 67 67 65 Interest 18 17 16 15 14 13 12 II Private creditors Principal 0 0 0 a 0 0 () () Interest 0 0 0 0 0 0 0 0 Notes: Data on long-term public and publicly guaranteed debt for 2005 are World Bank staff estimates. 182 GUINEA-BISSAU (US$ million, unless othenvise indicated) 1995 TOTAL DEBT STOCKS (EDT) 692.1 898.3 804.4 668.3 699.4 745.1 765.0 692.7 Long-tenn debt (LDOD) 630.4 797.7 715.5 627.2 662.3 712.5 737.9 671.3 Public and publicly guaranteed 630.4 797.7 715.5 627.2 662.3 712.5 737.9 671.3 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Use of IMF credit 5.3 5.9 24.7 23.2 23.4 20.5 15.8 11.5 Short-term debt 56.5 94.6 64.2 17.9 13.7 12.1 11.2 9.9 of which interest arrears on LDOD 29.9 88.6 51.2 7.8 7.7 8.1 8.2 7.9 Official creditors 27.5 82.6 51.1 7.8 7.7 8.1 8.2 7.9 Private creditors 2.4 6.1 0.1 0.0 0.0 0.0 0.0 0.0 Memorandum items Principal arrears on LDOD l12.8 252.0 114.7 27.5 26.7 27.4 27.7 27.1 Official creditors 107.0 22L1 114.1 27.5 26.7 27.4 27.7 27.1 Private creditors 5.9 30.9 0.6 0.0 0.0 0.0 0.0 0.0 TOTAL DEBT FLOWS Disbursements 36.5 23.5 22.2 5.9 6.0 19.5 30.8 18.2 Long-term debt 36.5 21.1 13.6 5.9 6.0 19.5 30.8 18.2 IMF purchases 0.0 2.4 8.6 0.0 0.0 0.0 0.0 0.0 Principal repayments 2.3 9.3 9.6 13.4 7.3 10.7 34.9 23.9 Long-term debt 2.3 8.1 9.4 13.4 5.7 5.8 29.5 20.8 IMF repurchases 0.0 1.1 0.2 0.0 1.5 4.8 5.3 3.1 Net flows on debt 45.7 13.2 22.5 -10.4 -5.3 6.8 -5.1 -6.7 of which short-term debt 11.6 -1.0 10.0 -2.9 -4.1 -2.0 -1.\ -1.0 Interest payments (INT) 6.1 6.1 10.3 9.9 3.8 4.5 10.1 8.7 Long-term debt 3.4 5.7 9.6 9.2 3.2 4.1 9.9 8.6 IMFcharges 0.0 0.0 0.3 0.3 0.2 0.2 0.1 0.1 Short-term debt 2.7 0.4 0.5 0.5 0.3 0.2 0.1 0.1 Net transfers on debt 39.6 7.2 12.2 -20.3 -9.1 2.3 -15.2 -15.4 Total debt service paid (TDS) 8.4 15.3 20.0 23.3 11.0 15.2 44.9 32.6 Long-term debt 5.7 13.8 19.0 22.5 8.9 9.9 39.4 29.3 IMF repurchases and charges 0.0 1.2 0.5 0.3 1.8 5.0 5.5 3.2 Short-term debt (interest only) 2.7 0.4 0.5 0.5 0.3 0.2 0.1 0.1 NET RESOURCE FLOWS 96.4 67.1 55.3 30.1 43.3 127.1 43.1 60.4 Net flow of long-term debt (ex. IMp) 34.2 13.0 4.2 -7.5 0.3 13.6 1.3 -2.6 Foreign direct investment (net) 2.0 0.0 0.7 0.4 3.6 4.0 1.7 10.0 Portfolio equity flows 0.0 0.0 0.0 0.0 0.6 0.3 0.0 0.0 Grants (excluding technical coop.) 60.2 54.1 50.4 37.2 38.9 109.2 40.0 52.9 Memo: technicru coop. grants 21.4 46.5 12.9 15.\ 17.5 18.9 16.1 \5.9 NET TRANSFERS 93.0 61.5 45.7 21.0 39.4 122.8 33.2 51.8 Interest on long-term debt 3.4 5.7 9.6 9.2 3.2 4.1 9.9 8.6 Profit remittances on FDI 0.0 0.0 0.0 0.0 0.7 0.2 0.0 0.0 Gross national income (GNI) 233.3 235.9 203.1 183.0 192.7 224.8 258.5 289.1 Exports of goods, servo & inc. (XGS) 27.1 29.6 77.5 79.6 94.4 111.7 Worker remit. & compo of employees 1.0 0.0 2.0 10.0 \8.0 23.0 28.0 28.0 Imports of goods & services (MGS) 1I0.5 110.3 104.6 96.0 112.5 138.1 International reserves (RES) 18.2 20.3 66.7 69.5 102.7 32.9 73.1 79.8 Current account balance -45.3 -35.2 -11.1 -1.3 -0.3 n9 EDT IXGS (%) 2,554.0 3,035.7 862.7 879.1 789.5 684.9 EDT/GNI(%) 296.6 380.7 396.1 365.1 362.9 331.5 295.9 239.6 TDS/XGS (%) 31.1 51.9 30.1 13.9 16.1 40.2 INT IXGS (%) 22.5 20.5 12.8 4.7 4.7 9.0 INT I GNl (%) 2.6 2.6 5.1 5.4 2.0 2.0 3.9 3.0 RES I EDT (%) 2.6 2.3 8.3 10.4 14.7 4.4 9.6 11.5 RES I MGS (months) 2.0 2.2 8.0 12.8 3.5 6.3 Short-term I EDT (%) 8.2 10.5 8.0 2.7 2.0 1.6 1.5 1.4 Concessionall EDT (% ) 56.7 62.8 75.4 85.1 86.8 89.5 92.6 94.4 Multilateral I EDT (%) 39.5 41.1 48.6 54.6 55.8 58.6 62.4 64.9 183 GUINEA-BISSAU (US$ million, unless otherwise indicated) 1990 J995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 630.4 797.7 715.5 627.2 662.3 712.5 737.9 671.3 Public and publicly guaranteed 630.4 797.7 715.5 627.2 662.3 712.5 737.9 671.3 Official creditors 597.4 766.2 714.7 627.1 662.3 712.5 737.9 671.3 MuLtilateraL 273.3 369.6 390.5 364.7 390.6 436.4 477.6 449.6 Concessional 244.3 340.0 377.4 356.2 382.7 429.0 471.2 444.0 Bilateral 324.1 396.7 324.2 262.4 271.7 276.1 260.3 221.7 Concessional 148.2 224.6 229.3 212.7 224.5 237.8 237.3 209.6 Private creditors 32.9 31.5 0.8 0.1 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: ffiRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 145.5 209.9 227.6 219.9 237.1 267.3 300.5 283.9 Public sector lDOD 630.4 797.7 715.5 627.2 662.3 712.5 737.9 671.3 Plivate sector LDOD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 DISBURSEMENTS 36.5 21.1 13.6 5.9 6.0 19.5 30.8 18.2 Public and publicly guaranteed 36.5 21.1 13.6 5.9 6.0 19.5 30.8 18.2 Official creditors 36.5 21.1 13.6 5.9 6.0 19.5 30.8 18.2 Multilateral 30.3 18.8 13.6 5.9 6.0 19.5 30.8 18.2 Concessional 30.3 L8.5 13.6 5.9 6.0 19.5 30.8 18.2 Bilateral 6.2 2.3 0.0 0.0 0.0 0.0 0.0 0.0 Concessional 6.2 2.3 0.0 0.0 0.0 0.0 0.0 0.0 Private creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: ffiRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 15.5 8.8 13.6 3.9 3.8 11.7 24.9 10.7 PRINCIPAL REPA YMENTS 2.3 8.1 9.4 13.4 5.7 5.8 29.5 20.8 Public and publicly guaranteed 2.3 8.1 9.4 13.4 5.7 5.8 29.5 20.8 Official creditors 2.3 8.0 9.4 13.4 5.7 5.8 29.5 20.8 Multilateral 1.5 7.8 2.7 4.1 1.6 1.8 2.4 1.4 Concessional 0.6 4.0 2.7 3.0 0.4 0.4 1.2 1.3 Bilateral 0.8 0.2 6.7 9.2 4.2 4.1 27.1 19.4 Concessional 0.3 0.2 0.0 2.5 4.2 4.1 10.9 9.6 Private creditors 0.1 0.2 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0,0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: ffiRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 0.1 0.9 2.4 1.5 0.0 0.1 0.0 0.0 INTEREST PAYMENTS (LINT) 3.4 5.7 9.6 9.2 3.2 4.1 9.9 8.6 Public and publicly guaranteed 3.4 5.7 9.6 9.2 3.2 4.1 9.9 8.6 Official creditors 3.1 5.6 9.6 9.2 3.2 4.1 9.9 8.6 Multilateral 2.6 4.4 1.7 1.0 0.6 1.5 2.4 2.2 Concessional 1.8 3.0 1.7 0.9 0.5 1.4 2.3 2.2 Bilateral 0.6 1.2 7.9 8.1 2.6 2.6 7.5 6.4 Concessional 0.3 0.3 0.0 4.4 2.6 2.6 6.0 5.8 Private creditors 0.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: ffiRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 1.1 1.6 1.6 0.8 0.4 0.9 1.6 1.4 184 GUINEA· BISSAU (US$ million, unless otherwise indicated) Euro lOA 11.4 12.3 12.5 11.7 Japanese yen 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 8.6 6.6 12.7 10.6 10.6 9.1 7.5 5.8 U.S.dollars 27.3 38.1 37.9 43.8 43.3 43.6 45.5 47.5 Total amount rescheduled 16.1 13.7 0.0 44.6 5.9 6.2 0.0 0.0 Debt stock rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal rescheduled 8.2 0.0 0.0 29.3 4.5 5.5 0.0 0.0 Official 3.8 0.0 0.0 29.2 4.5 5.5 0.0 0.0 Private 4A 0.0 0.0 0.2 0.0 0.0 0.0 0.0 Interest rescheduled 6.8 0.0 0.0 15.3 1.5 1.5 0.0 0.0 Official 3.7 0.0 0.0 15.3 1.5 1.5 0.0 0.0 Private 3.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt forgiven 4.5 11.0 92.0 70.7 19.6 22.2 7.7 8.3 Memo: interest forgiven 0.6 3.7 32.5 32.3 6.3 5A 1.2 1.2 Debt stock reduction 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which debt 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Total change in debt stocks 45.8 -129.3 -136.1 31.1 45.7 19.8 -72.3 Net flows on debt 13.2 22.5 -lOA -5.3 6.8 -5.1 -6.7 11.3 -20.3 -\6.1 44.7 40.7 22.2 -49.6 AI,L CREDITORS Interest (%) 2.2 0.8 0.9 0.8 0.8 0.0 0.8 0.5 Maturity (years) 28.1 39.S 37.9 44.8 41.2 0.0 39.7 40.3 Grace period (years) 10.4 10.3 9.8 9.8 10.1 0.0 10.2 10.6 Grant element (%) 61.8 SO.7 77.6 81.6 80.8 0.0 80.5 83.3 Official creditors Interest (%) 2.2 0.8 0.9 0.8 0.8 0.0 0.8 0.5 Maturity (years) 28.1 39.8 37.9 44.8 41.2 0.0 39.7 40.3 Grace period (years) lOA 10.3 9.8 9.8 10.1 0.0 10.2 10.6 Grant element (%) 61.8 80.7 77.6 81.6 80.8 0.0 80.5 83.3 Private creditors Interest (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturi ty (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 TOTAL Principal 21.5 20.5 20.9 19.6 20.1 19.9 20.3 20.8 Interest 9.2 8.8 8.S 8.1 7.9 7.6 7A 7.1 Official creditors Principal 21.5 20.5 20.9 19.6 20.1 19.9 20.3 20.8 Interest 9.2 8.8 8.5 8.1 7.9 7.6 7A 7.1 Bilateral creditors Principal 10.3 8.5 8.1 6.6 6.0 4.9 4.1 4.5 Interest 5.7 5.4 5.1 4.8 4.6 4.4 4.3 4.1 Multilateral creditors Principal 11.2 12.0 12.8 13.1 14.1 15.0 16.2 16.2 Interest 3.5 3.5 3.4 3.4 3.3 3.2 3.1 3.0 Private creditors Principal 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Interest 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Notes: Data on long-term public and publicly guaranteed debt for 2005 are World Bank staff estimates. 185 GUYANA (US$ million, unless otherwise indicated) 1995 2000 :tS~YDEBT'J)A:i4. TOTAL DEBT STOCKS (EDT) 1,960 2,116 1,364 1,310 1,373 1,437 1,333 1,196 Long-term debt (LDOD) 1,773 1,794 1.128 1,099 1,149 1,220 1,144 1,023 Public and publicly guaranteed 1.773 1.794 1,124 1,095 1,145 1,217 1,142 L021 Private nonguaranteed 0 0 4 4 3 3 2 2 Use of IMF credit 113 172 117 98 96 95 88 91 Short-term debt 75 150 119 114 128 122 101 83 of which interest arrears on LDOD 63 133 67 78 84 91 101 83 Official creditors 40 114 59 58 61 64 72 73 Private creditors 23 19 8 20 22 27 29 9 Memorandum items Principal arrears on LDOD 184 114 65 60 64 64 71 66 Official creditors 80 76 5[ 46 49 48 54 58 Private creditors 104 38 [5 15 15 16 17 8 TOTAL DEBT FLOWS Disbursements 264 59 73 66 48 78 83 108 Long-term debt 159 45 64 66 41 69 74 81 IMF purchases 104 14 9 0 7 8 9 27 Principal repayments 175 74 39 25 34 36 33 23 Long-ternl debt 69 50 23 20 25 28 27 15 IMF repurchases 107 24 17 5 9 8 6 8 Net flows on debt 256 -8 21 25 22 28 18 85 of which short-term debt 167 7 -13 -16 8 -13 -3\ 0 Interest payments (INT) 120 35 30 20 30 22 14 10 Long-term debt 73 31 26 17 28 21 13 10 IMF charges 40 3 I I 0 0 0 0 Short-term debt 7 I 3 2 1 0 0 0 Net transfers on debt 135 -43 -9 5 -8 7 4 75 Tota[ debt service paid (TDS) 295 109 69 45 64 58 48 33 Long-term debt 142 82 49 37 53 49 41 25 LM:F repurchases and charges [46 26 17 6 9 9 7 8 Short-term debt (interest only) 7 I 3 2 1 0 0 0 l;.·AGGItEGA'l'E·NET·OSOUR(;EELOWSAND·NET·l1~irS(I.iON~nill1\f) '," ._-- ,',-,'--,"-,'-,,'·'-/·n_,--'> _"' - - ,-'-' -; ", - ',' - - ,-', - - -) - -'- __ - ',.,' _ -"', __ - ,', ", - -- NET RESOURCE FLOWS 173 90 147 139 77 73 150 216 Net flow of long-term debt (ex. IMF) 91 -S 41 46 16 41 47 66 Foreign direct investment (net) 8 74 67 S6 44 26 30 77 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop.) 74 21 39 37 17 5 74 74 Memo: technical eoop. grants 9 16 111 21 21 33 25 28 NET TRANSFERS 100 59 115 117 44 50 134 199 Interest on long-term debt 73 31 26 17 28 21 13 10 Profit remittances on FDI 0 0 6 5 4 2 3 7 ;3. ~()RgC()NOMlC~GGB.EGATES··· Gross national income (GND 275 567 660 637 667 691 676 739 Exports of goods, servo & inc. (XGS) 64[ 711 690 721 769 902 897 Worker remit. & comp. of employees 0 2 27 22 51 99 153 201 Imports of goods & services (MGS) 838 813 802 773 757 843 959 International reserves (RES) 29 269 305 287 284 276 232 252 Current account balance -135 -82 -91 -62 -45 -20 -96 4. DOT INDICATORS EDT/XGS (%) 329.9 191.9 190.0 190.3 187.0 147.8 133.4 EDT I GNI (%) 712.5 373.1 206.6 20S.7 20S.8 208.0 197.3 161.8 TDS/XGS (%) 17.0 9.7 6.6 8.9 7.5 5.3 3.7 INT IXGS (%) 5.4 4.2 2.9 4.2 2.8 1.6 1.1 INT IGNI (%) 43.7 6.2 4.5 3.1 4.5 3.1 2.1 1.3 RES/EDT(%) I.S 12.7 22.3 21.9 20.7 19.2 17.4 21.1 RES I MGS (months) 3.9 4.5 4.3 4.4 4.4 3.3 3.2 Short -term I EDT (%) 3.8 7.1 8.7 8.7 9.3 8.5 7.6 6.9 Concessionall EDT (%) 56.8 60.5 72.7 73.8 74.1 75.9 80.1 81.0 Multilateral I EDT (%) 23.9 30.2 43.9 48.6 50.1 54.1 64.0 71.3 186 GUYANA (US$ million, unless otherwise indicated) 2000 DEBT OUTSTANDING (LDOD) 1,773 1,794 1,128 1,099 1,149 1,220 1,144 1,023 Public and publicly guaranteed 1,773 1,794 1,124 1,095 1,145 1,217 1,142 1,021 Official creditors 1.601 1,709 1,079 1,044 1,093 1,164 1.125 1.012 Multilateral 468 639 599 637 687 778 852 853 Concessional 291 498 553 595 646 742 824 837 Bilateral 1,134 1.070 480 407 406 386 272 159 Concessional 822 782 440 372 370 349 245 131 Private creditors 172 86 45 52 53 54 17 9 of which: Bonds 0 29 27 27 28 29 0 0 Commercial banks 104 37 6 14 13 13 4 4 Private nonguaranteed 0 0 4 4 3 3 2 2 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 4 4 3 3 2 2 Memo: mRD 59 35 8 5 3 1 0 0 IDA 93 203 180 178 196 232 246 226 Public sector LDOD 1,773 1.794 1,124 1,095 1,145 1,217 1.142 1,021 Private sector LDOD 0 0 4 4 3 3 2 2 DISBURSEMENTS 159 45 64 66 41 69 74 81 Public and publicly guaranteed 159 45 64 66 41 69 74 81 Official creditors 153 45 64 66 41 69 74 81 Multilateral 122 41 64 65 39 69 74 71 Concessional 109 41 64 63 37 69 74 71 Bilateral 31 4 0 0 2 0 0 10 Conces,ional 19 3 0 0 2 0 0 10 6 0 0 0 0 0 0 Pri vate creditors of which: Bonds Commercial banks 0 0 ° 0 0 0 0 0 ° 0 0 ° 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: mRD 0 0 0 0 0 0 0 0 IDA 54 18 6 7 6 20 7 2 PRINCIPAL REPAYMENTS 69 50 23 20 25 28 27 15 Public and publicly guaranteed 69 50 22 20 25 28 27 15 Official creditors 46 40 22 19 24 27 27 15 Multilateral 42 24 18 16 14 17 17 II Concessional 6 6 6 8 5 8 8 7 Bilateral 4 16 4 3 10 10 9 4 Concessional () 5 I 1 10 I() 9 3 Pri vate creditors 22 10 0 0 J 1 0 0 of which: Bonds J 0 0 () 0 0 0 0 Commercial banks 8 2 0 0 0 1 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 () 0 0 0 Memo: lBRD 31 6 3 3 3 2 0 IDA 0 1 I 1 0 I INTEREST PAYMENTS (LINT) 73 31 26 17 28 21 13 10 Public and publicly guaranteed 73 31 26 17 28 20 13 10 Official creditors 64 30 26 17 26 19 13 \0 Multilateral 58 18 10 10 9 10 \0 10 Concessional 8 6 6 7 6 7 8 9 Bilateral 6 12 16 7 17 9 3 0 Concessional 3 8 IS 6 17 9 3 0 Private creditors 9 I () I 2 2 0 0 of which: Bonds () 0 0 0 2 1 0 0 Commercial banks 5 1 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 () 0 0 0 0 Memo: mRD 31 3 0 0 0 0 IDA 0 1 1 I 2 2 187 GUYANA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 4.8 5.5 6.0 4.3 2.2 Japanese yen 0.3 0.2 0.0 0.0 0.0 0.0 0.0 0.0 Pound sterling 10.4 9.1 5.6 5.3 5.5 4.2 1.0 0.3 Swiss franc 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 68.0 64.9 69.3 66.7 66.8 69.2 73.5 74.8 Total amount rescheduled 474 I 0 0 0 0 1 63 Debt stock rescheduled 320 0 0 0 0 0 0 0 Principal rescheduled 89 I 0 0 0 0 0 53 Official 88 0 0 0 0 0 0 S3 Private 0 0 0 0 0 0 0 0 Interest rescheduled 38 0 0 0 0 0 0 3 Official 37 0 0 0 0 0 0 3 Private 0 0 0 0 0 0 0 0 Debt forgiven 31 0 5 6 5 22 6 14 Memo: interest forgiven 1 0 0 0 5 5 7 21 Debt stock reduction 0 0 0 0 0 0 115 129 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 303 67 -48 -54 62 65 -105 -137 Net flows on debt 256 -8 21 25 22 28 18 85 43 -44 -61 -15 38 48 24 -36 ALL CREDITORS Interest (%) 1.3 3.0 2.0 0.5 2.0 3.0 1.4 1.3 Maturity (years) 39.7 37.1 40.0 6.8 39.7 29.7 33.8 30.5 Grace period (years) 9.9 9.9 10.5 0.7 10,5 8,5 8.7 9,2 Grant element (%) 74.9 60.5 69.6 28.4 69.8 56,0 69.0 69.1 Official creditors Interest (%) 1.3 1.5 2.0 0.5 2.0 3.0 1.4 1.3 Maturity (years) 39.7 38.7 40,0 6,8 39.7 29.7 33.8 30,5 Grace period (years) 9.9 10,4 10,5 0,7 10.5 8,5 8.7 9.2 Grant element (%) 74.9 73.3 69.6 28.4 69.8 56.0 69.0 69.1 Private creditors Interes t (%) 0.0 8.8 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 0.0 31.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period (years) 0.0 8.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element (%) 0.0 9.6 0.0 0.0 0.0 0.0 0.0 0.0 TOTAL Principal 52 51 44 41 41 45 40 44 Interest 19 20 20 19 19 19 18 17 Official creditors Principal 51 51 43 41 41 44 40 43 Interest 19 20 20 19 19 19 18 17 Bilateral creditors Principal 21 19 18 14 13 13 8 8 Interest 3 3 3 2 2 2 2 2 Multilateral creditors Principal 31 32 25 27 27 31 32 36 Interest 16 17 17 17 17 17 16 16 Private creditors Principal 0 0 0 0 0 0 0 0 Interest 0 0 0 0 0 0 0 0 Notes: Some loans contracted in 1992 were reclassified as bonds in 2004. Bonds totaling US$28.8 million were transferred to domestic debt in 2004. 188 HAITI (US$ million, unless otherwise indicated) 1990 1995 TOTAL DEBT STOCKS (EDT) 917 821 1,173 1,256 1,251 1,344 1,265 1,323 Long-term debt (LDOD) 778 766 1,043 1,031 1,066 1,209 1,225 1,276 Public and publicly guaranteed 778 766 1,043 1,031 1,066 1,209 1,225 1,276 Private nonguaranteed 0 0 0 0 0 0 0 0 Use of IMF credit 38 29 39 39 31 18 11 21 Short-term debt 101 27 90 185 154 117 28 26 of which interest arrears on LDOD 24 1 1 4 8 21 28 13 Official creditors 14 1 1 4 8 21 28 13 Private creditors 10 0 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 43 2 2 9 17 39 56 22 Official creditors 14 2 2 9 17 39 56 22 Private creditors 29 0 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 44 128 51 14 4 36 21 90 Long-tenn debt 38 103 51 14 4 36 21 74 IMF purchases 5 25 0 0 0 0 0 15 Principal repayments 21 66 24 12 17 37 66 38 Long-term debt 8 34 18 12 8 22 58 33 IMF repurchases 12 32 6 0 9 15 7 5 Net flows on debt 39 75 21 94 -48 -51 -141 65 of which short-tenn debt 16 13 -6 92 -35 -51 -96 13 Interest payments (INT) 15 32 20 14 12 16 33 20 Long-tenn debt 6 25 15 10 8 14 32 19 IMF charges 3 5 1 1 1 0 0 1 Short-tenn debt 7 2 5 3 3 1 1 0 Net transfers on debt 24 43 1 80 -59 -67 -174 45 Total debt service paid (TDS) 36 98 44 26 28 53 99 58 Long-tenn debt 15 59 33 22 16 36 90 52 IMF repurchases and charges 15 37 7 1 10 15 7 5 Short-tenn debt (interest only) 7 2 5 3 3 1 1 0 NET RESOURCE FLOWS 103 589 137 81 83 116 154 360 Net flow of long-tenn debt (ex. IMp) 30 70 33 2 -3 14 -37 41 Foreign direct investment (net) 8 7 13 4 6 8 6 10 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop.) 65 512 91 75 81 95 186 309 Memo: technical coop. grants 66 112 91 94 78 87 89 143 NET TRANSFERS 96 560 122 71 75 102 123 341 Interest on long-tenn debt 6 25 15 10 8 14 32 19 Profit remittances on FDI 0 4 0 0 0 0 0 0 Gross national income (GNI) 2,836 2,919 3,771 3,590 3,419 2,935 3,822 4,268 Exports of goods, servo & inc. (XGS) 325 192 1,082 1,068 1,098 1,280 1,422 1,580 Worker remit. & compo of employees 61 109 578 624 676 811 932 985 Imports of goods & services (MGS) 540 832 1,378 1,325 1,264 1,431 1,537 1,795 International reserves (RES) 10 199 183 142 82 63 115 134 CUlTent account balance -22 -87 -114 -132 -88 -45 -54 54 EDT I XGS (%) 282.2 426.8 108.4 117.6 113.9 105.0 88.9 83.7 EDT/GNl(%) 32.3 28.1 3Ll 35.0 36.6 45.8 33.1 31.0 TDS I XGS (%) 11.1 51.0 4.1 2.4 2.6 4.1 6.9 3.7 INT I XGS ('Yo) 4.7 16.8 1.9 1.3 LI 1.2 2.3 1.3 INT IGNI(%) 0.5 1.1 0.5 0.4 0.3 0.5 0.9 0.5 RES/EDT(%) l.l 24.2 15.6 11.3 6.6 4.7 9.1 10.1 RES I MGS (months) 0.2 2.9 1.6 1.3 0.8 0.5 0.9 0.9 Short-term! EDT (%) 11.0 3.2 7.7 14.7 12.3 8.7 2.2 1.9 Concessional! EDT (%) 79.3 93.1 88.9 82.1 85.2 87.1 94.0 93.6 Multilateral! EDT (%) 54.0 74.9 77.3 71.5 74.7 75.1 80.9 81.3 189 HAITI (US$ million. unless othenvise indicated) 2000 DEBT OUTSTANDING (LDOD) 778 766 1,043 1,031 1,066 1,209 1,225 1,276 Public and publicly guaranteed 778 766 1,043 1,031 1,066 1,209 1,225 1,276 Official creditors 732 766 1.043 1,031 1,066 1,209 1,225 1,276 Multilateral 495 615 907 898 935 1.010 1,023 1,076 Concessional 495 615 907 898 935 1.010 1,023 1,076 Bilateral 236 150 136 134 131 199 202 201 Concessional 231 149 136 133 131 161 165 J63 Private creditors 47 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 47 0 0 0 0 0 0 0 I'rivate nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: mRD 0 0 0 0 0 0 0 0 IDA 324 389 480 467 501 518 504 505 Public sector LDOD 778 766 1,043 1,031 1,066 1,209 1.225 1.276 Private sector LDOD 0 0 0 0 0 0 0 0 DISBURSEMENTS 38 103 51 14 4 36 21 74 Public and publicly guaranteed 38 103 51 14 4 36 21 74 Official creditors 38 103 51 14 4 36 21 74 Multilateral 27 103 51 14 4 36 21 74 Concessional 27 \03 51 14 4 36 21 74 Bilateral 11 1 0 0 0 0 0 0 Concessional 11 I 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 () 0 0 0 0 0 0 Memo: mRD 0 0 0 0 0 0 0 0 IDA 14 49 8 0 0 0 9 PRINCIPAL REPAYMENTS 8 34 18 12 8 22 58 33 Public and publicly guaranteed 8 34 18 12 8 22 58 33 Official creditors 8 34 18 12 8 22 58 33 Multilateral 5 30 14 8 4 21 53 28 Concessional 5 30 14 8 4 21 53 28 Bilateral 3 3 4 4 4 1 5 6 Concessional 3 3 4 4 4 1 4 4 Private creditors 0 () () 0 0 0 0 0 of which: Bonds 0 0 0 0 () 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 10 7 0 0 0 40 14 INTEREST PAYMENTS (LINT) 6 25 15 10 8 14 32 19 Public and publicly guaranteed 6 25 15 10 8 14 32 19 Official creditors 6 25 15 10 8 14 32 19 Multilateral 5 24 9 5 3 13 28 15 Concessional 5 24 9 5 3 13 28 15 Bilateral 1 I 5 5 5 1 4 4 Concession a! 1 I 5 5 5 I 2 2 Private credi tors 0 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: mRD 0 0 0 0 0 0 0 0 IDA 2 10 4 0 0 0 16 5 190 HAITI (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 2.0 2.0 3.5 3.4 3.4 Japanese yen 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 71.0 77.5 82.1 82.2 82.8 83.7 84.2 82.7 Total amount rescheduled 0 108 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 71 0 0 0 0 0 0 Official 0 4 0 0 0 0 0 0 Private 0 67 0 0 0 0 0 0 Interest rescheduled 0 17 0 0 0 0 0 0 Official 0 1 0 0 0 0 0 0 Private 0 16 0 0 0 0 0 0 Debt forgiven 0 8 0 0 0 0 0 0 Memo: interest forgiven 0 3 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 81 86 -16 83 -s 93 -79 59 Net flows on debt 39 75 21 94 -48 -51 -141 65 valuation 23 -10 -33 -14 37 22 30 5 ALL CREDrrOR..'i Interest (%) 1.4 1.2 0.0 0.0 0.0 0.0 1.0 1.0 Maturity (years) 38.9 39.9 0.0 0.0 0.0 0.0 40.0 40.0 Grace period (years) 10.4 10.4 0.0 0.0 0.0 0.0 10.5 10.5 Grant element (%) 75.0 76.6 0.0 0.0 OJ) 0.0 78.6 78.9 Official creditors Interest (%) 1.4 1.2 0.0 0.0 0.0 0.0 1.0 l.O Maturity (years) 38.9 39.9 0.0 0.0 0.0 0.0 40.0 40.0 Grace period (years) 10.4 10.4 0.0 0.0 0.0 0.0 10.5 10.5 Grant element (%) 75.0 76.6 0.0 0.0 0.0 0.0 78.6 78.9 Private creditors Interest (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 TOTAL Principal 42 45 47 49 52 53 53 53 Interest 20 21 22 21 21 20 19 18 Official creditors Principal 42 45 47 49 52 53 53 53 Interest 20 21 22 21 21 20 19 18 Bilateral creditors Principal 9 9 9 9 10 10 10 10 Interest 5 5 4 4 4 4 3 3 Multilateral creditors Principal 33 37 38 39 42 43 43 43 Interest 15 16 17 17 17 17 16 15 Private creditors Principal 0 0 0 0 0 0 0 0 Interest 0 0 0 0 0 0 0 0 Notes: Data on long-term public and publicly guaranteed debt as of end-September 2005 are based on reports provided by the country and World Bank staff estimates. 191 HONDURAS (US$ million, unless othenvise indicated) 1995 2000 2003 2004 2005 TOTAL DEBT STOCKS (EDT) 3,718 4,797 5,360 4,916 5,249 5,471 6,041 5,242 Long-term debt (LDOD) 3,487 4,316 4,771 4,367 4,529 4,837 5,400 4,660 Public and publicly guaranteed 3,420 4,193 4,211 3,861 4,061 4,426 4,832 4,152 Private nonguaranteed 66 123 560 506 468 411 568 509 Use of IMF credit 32 99 216 220 197 172 195 168 Short-term debt 199 382 374 329 524 463 445 414 of which interest arrears on LDOD 89 63 35 10 45 61 54 15 Official creditors 34 31 9 2 34 50 44 12 Private creditors 55 31 26 8 11 11 10 3 Memorandum items Principal arrears on LDOD 190 197 72 21 73 159 223 50 Official creditors 63 108 15 0 45 116 121 26 Private creditors 128 90 56 21 27 43 102 24 TOTAL DEBT FLOWS Disbursements 457 379 618 402 288 309 666 491 Long-term debt 429 349 596 381 288 309 636 476 IMF purchases 29 31 21 21 0 0 30 15 Principal repayments 211 376 259 248 288 316 207 278 Long-term debt 176 332 254 241 253 276 198 262 IMF repurchases 35 44 5 7 35 41 9 15 Net flows on debt 129 66 296 134 159 -84 448 221 of which short-term debt -117 62 -63 -20 159 -76 -11 8 Interest payments (INT) 178 231 131 94 101 95 110 103 Long-term dcbt 157 209 106 74 88 84 98 83 IMF charges 6 5 4 4 2 1 1 1 Short-term debt 15 18 20 16 11 9 11 19 Net transfers on debt -49 -165 165 40 58 -178 338 118 Total debt service paid (TDS) 389 607 389 342 389 411 317 381 Long-term debt 333 541 360 315 341 360 296 346 IMF repurchases and charges 41 48 9 11 37 42 10 16 Short-term debt (interest only) 15 18 20 16 11 9 11 19 NET RESOURCE :FLOWS 506 190 811 530 377 408 994 1,608 Net flow of long-term dcbt (ex. IMF) 252 17 342 140 34 34 438 214 Foreign direct investment (net) 44 50 282 193 175 247 325 464 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop.) 211 123 186 197 167 128 231 931 Memo: technical coop. grants 93 85 122 225 125 toO 114 108 NET TRANSFERS 278 -59 634 351 181 150 605 1,213 Interest on long -term debt 157 209 106 74 88 84 98 83 Profit remittances on FDI 72 40 70 105 to8 174 290 313 Gross national income (GNI) 2,797 3,649 5,801 6,148 6,308 6,596 7,086 7,960 Exports of goods, servo & inc. (XGS) l,to3 1,787 3,019 3,048 3,277 3,596 4,307 5,318 Worker remiL & compo of employees 63 124 416 540 718 867 1,151 1,796 Imports of goods & services (MGS) 1,384 2, III 3.519 3,658 3,674 4,013 4,844 5,469 International reserves (RES) 47 270 1,319 1,421 1,531 1,439 1,980 2,338 Current account balance -51 -201 -262 -339 -260 -282 -426 -86 EDT IXGS (%) 337.0 268.4 177.6 161.3 160.2 152.1 140.3 98.6 EDT I GNJ (%) 132.9 131.5 92.4 80.0 83.2 82.9 85.2 65.9 TDS I XGS (%) 35.3 34.0 12.9 11.2 11.9 11.4 7.4 7.2 !NT I XGS (%) \6.1 12.9 4.3 3.1 3.1 2.6 2.6 1.9 !NT I GNI(%) 6.4 6.3 2.3 1.5 1.6 1.4 1.6 1.3 RES I EDT (%) 1.3 5.6 24.6 28.9 29.2 26.3 32.8 44.6 RES I MGS (months) 0.4 1.5 4.5 4.7 5.0 4.3 4.9 5.1 Short-term / EDT (%) 5.4 8.0 7.0 6.7 \0.0 8.5 7.4 7.9 Concessionall EDT (%) 37.4 46.4 51.1 56.8 58.2 63.5 64.6 65.8 Multilateral/EDT (%) 42.5 44.9 50.9 51.5 50.7 53.3 53.3 61.1 192 HONDURAS (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 3,487 4,316 4,771 4,367 4,529 4,837 5,400 4,660 Public and publicly guaranteed 3,420 4,193 4,211 3,861 4,061 4,426 4,832 4,152 Official creditors 2,978 3,828 4,108 3,779 3,982 4,354 4,752 4,092 Multilateral 1,581 2.153 2,728 2,532 2.661 2.917 3,218 3.201 Concessional 536 1,036 1,766 1,898 2,066 2,361 2,689 2,769 Bilateral 1.396 1,675 1,381 1,247 1,320 1,437 1,534 891 Concessional 855 1.192 973 893 989 1.113 1.210 682 Private creditors 442 364 102 82 80 72 81 59 of which: Bonds 0 139 0 0 0 0 0 0 Commercial banks 204 82 46 32 31 26 42 37 Private nonguaranteed 66 123 560 506 468 411 568 509 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 66 123 560 506 468 4II 568 509 Memo: mRO 558 443 151 127 105 85 70 0 IDA 77 386 838 90! 1,014 IJ43 1.310 1,353 Public sector LDOD 3,313 4,169 4,191 3,859 4,061 4,426 4,832 4,152 Private sector LDOD 173 147 580 507 468 4II 568 509 DISBURSEMENTS 429 349 596 381 288 309 636 476 Public and publicly guaranteed 421 287 412 264 164 201 395 297 Official creditors 364 258 409 260 164 201 381 292 Multilateral 190 209 372 219 127 159 296 258 Concessional 54 132 113 216 118 152 282 248 Bilateral 174 49 36 41 37 42 85 35 Concessional 88 45 24 29 37 42 84 35 Private creditors 57 29 4 4 I 0 15 4 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 22 3 1 4 1 0 15 4 Private nonguaranteed 8 62 184 117 123 108 240 179 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 8 62 184 1I7 123 108 240 179 Memo: mRD 82 7 0 0 0 0 0 0 IDA 0 77 38 98 51 45 125 151 PRINCIPAL REP A YMENTS 176 332 254 241 253 276 198 262 Public and publicly guaranteed 151 293 88 70 87 110 109 137 Official creditors 143 266 86 51 87 104 109 136 Multilateral 137 158 86 43 67 93 86 122 Concessional 16 22 22 15 17 32 39 25 Bilateral 6 108 1 8 19 11 22 14 Concessional 2 50 0 4 15 10 Il 11 Pri vate creditors 8 27 1 19 0 6 I 1 of which: Bonds 0 13 0 0 0 0 0 0 Commercial banks 4 6 1 19 0 6 1 I Private nonguaranteed 25 39 166 171 166 165 89 126 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 25 39 166 171 166 165 89 126 Memo: mRD 94 58 27 5 10 21 IS 70 IDA 2 2 2 3 6 9 12 8 INTEREST PAYMENTS (LINT) 157 209 106 74 88 84 98 83 Public and publicly guaranteed 155 204 75 50 70 71 87 63 Official creditors 150 184 75 49 69 70 87 63 Multilateral 141 103 66 43 57 59 60 50 Concessional II 14 21 14 17 24 30 23 Bilateral 8 81 8 6 12 11 27 13 Concessional 1 35 5 3 9 8 23 11 Private creditors 6 20 0 1 0 1 0 0 of which: Bonds 0 7 0 0 0 0 0 0 Commercial banks 5 5 0 I 0 I 0 0 Private nonguaranteed 1 5 31 24 18 13 11 20 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other I 5 31 24 18 13 11 20 Memo: mRD 96 38 15 13 10 8 5 3 IDA 1 3 6 6 7 8 9 10 193 HONDURAS (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 6.2 6.6 7.3 7.6 5.2 Japanese yen 8.4 9.3 7.9 10.0 10.2 9.5 8.6 0.7 Pound sterling 0.9 0.6 0.4 0.0 0.0 0.0 0.0 0.0 Swiss franc 2.1 1.5 0.9 0.1 0.2 0.2 0.1 0.1 U.S.dollats 45.2 48.3 65.5 63.9 64.3 65.2 65.8 72.8 7.UEBT 1tESTRtJC1'tlIllNCS Total amount rescheduled 308 25 161 193 25 0 79 75 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 151 17 101 47 17 0 57 49 Official 68 7 70 37 13 0 50 41 Private 83 9 31 10 3 0 7 7 Interest rescheduled 140 8 40 36 7 1 22 13 Official 78 4 31 30 5 1 19 11 Private 62 4 9 6 2 0 3 2 Debt forgiven 10 10 14 52 30 6 42 468 Memo: interest forgiven 11 0 5 23 1l 3 19 89 Debt stock reduction 41 0 0 13 0 0 14 137 of which debt 0 0 0 13 0 0 0 0 JiUU':f$TC)CK-FLQW UC()N($~1)~;···· .. Total change in debt stocks 332 96 37 -444 333 222 569 -798 Net flows on debt 129 66 296 134 159 -84 448 221 Cross-currency valuation 48 -74 -143 -120 174 223 102 -233 !'I~~~MG8~OFQ\Vt'()~··· ALL CREDITORS Interest (%) 6.5 2.3 5.1 1.6 1.8 2.1 1.2 1.3 Maturity (years) 21.2 29.8 30.9 37.0 39.4 25.3 36.1 26.5 Grace period (years) 5.9 7.3 19.1 9.4 10.4 6.7 9.6 9.4 Grant element (%j 26.5 58.1 42.3 71.5 71.3 55.6 73.6 67.8 Official creditors Interest (%) 6.1 2.3 5.1 1.6 1.8 2.1 1.2 1.3 Maturity (years) 22.7 29.8 30.9 37.0 39.4 25.3 36.1 26.3 Grace period (years) 6.5 7.3 19.1 9.4 10.4 6.7 9.6 9.4 Grant element (%) 29.3 58.3 42.3 71.5 71.3 55.6 73.6 67.8 Private creditors Interest (%) 9.9 8.4 4.1 0.0 0.0 0.0 0.0 1.7 Maturity (years) 7.1 28.6 7.6 0.0 0.0 0.0 0.0 50.0 Grace period (yeats) 0.6 1.1 3.1 0.0 0.0 0.0 0.0 10.5 Grant element (%) -0.8 9.6 22.4 0.0 0.0 0.0 0.0 74.6 ·l~~~~~~.W~A;~~:fi)N.~'f~~.t)~~D.'f 2006 2007 2008 2009 2010 2011 2012 2013 TOTAL Principal 291 256 232 200 194 189 183 174 Interest 118 111 103 97 91 86 80 75 Official creditors Principal 151 157 145 148 152 157 158 153 Interest 98 96 92 89 86 82 78 74 Bilateral creditors Principal 70 70 6] 53 51 47 47 42 Interest 27 25 23 21 20 18 17 16 Multilateral creditors Principal 81 87 84 95 101 110 III 111 Interest 71 71 70 68 66 63 60 58 Private creditors Principal 140 99 87 52 42 32 26 21 Interest 20 15 10 8 5 4 2 Notes: Rescheduling: Debt data include the effects of Paris Club debt restructuring agreement signed in 2005. 194 HUNGARY (US$ million, unless otherwise indicated) 2000 2001 2002 2003 2004 2005 TOTAL DEBT STOCKS (EDT) 21,201 31,650 29,520 30,305 34,958 47,507 63,527 66,119 Long-term debt (LDOD) 17,931 28,063 25,368 25,682 29,289 38,491 51,197 53,725 Public and publicly guaranteed 17,931 23,974 14,355 12,697 13,551 16.473 21,093 21.216 Private non guaranteed 0 4,089 11,014 12,985 15,738 22,018 30,103 32,509 Use of IMF credit 330 385 0 0 0 0 0 0 Short-term debt 2,941 3,203 4,152 4,623 5,668 9,016 12,330 12,394 of which interest arrears on LDOD 0 0 0 0 0 0 0 0 Official creditors 0 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 Memorandum itcms Principal arrears on LDOD 0 5 0 0 0 0 0 0 Official creditors 0 0 0 0 0 0 0 0 Private creditors 0 5 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 2,455 6,887 6,283 13,455 13,056 17,672 26,839 26,429 Long-term debt 2,282 6,887 6,283 13,455 13,056 17,672 26,839 26,429 IMF purchases 173 0 0 0 0 0 0 0 Principal repayments 2,546 4,911 6,443 12,275 13,560 13,781 15,377 20,997 Long-term debt 2,216 4,117 6,443 12,275 13,560 13,781 15377 20,997 IMF repurchases 330 793 0 0 0 0 0 0 Net flows on debt -457 2,783 449 1,651 542 6,411 14,776 5,496 of which short-term debt -366 806 609 471 1,046 2,520 3,314 64 Interest payments (INT) 1,678 2,109 1,495 1,453 1,230 1,622 2,162 2,513 Long-term debt 1,528 1,875 1,325 1,287 1,100 1,247 1,552 1,893 IMFcharges 35 60 0 0 0 0 0 0 Short -term debt 115 174 170 166 130 375 610 620 Net transfers on debt -2,135 674 -1,045 197 -688 4,789 12,614 2,983 Total debt service paid (TDS) 4,224 7,019 7,938 13,729 14,790 15,403 17,539 23,509 Long-term debt 3,745 5,992 7,768 13,562 14,660 15,028 16,929 22,889 IMF repurchases and charges 364 853 0 0 0 0 0 0 Short-term debt (interest only) 115 174 170 166 130 375 610 620 !\'ET RESOURCE FLOWS 693 7,545 2,388 5,445 2,497 6,536 17,872 11,851 Net flow of long-term debt (ex. IMf) 66 2,770 -160 1,180 -503 3,891 11,462 5,432 Foreign direct investment (net) 623 4,804 2,770 3,944 3,013 2,177 4,666 6,436 Portfolio equity flows 0 -62 -369 134 -137 269 1,491 -16 Grants (excluding technical coop.) 3 33 147 187 125 199 254 0 Memo: technical coop. grants 0 158 39 35 39 52 49 0 NET TRANSFERS -873 5,491 -959 1,820 -1,782 1,692 10,859 4,529 Interest on long-term debt 1,528 1,875 1,325 1,287 1,100 1,247 1,552 1,893 Profit remittances on FDI 37 180 2,023 2,338 3,178 3,597 5,461 5,430 Gross national income (GNI) 31,601 42,966 44,459 49,469 61,980 78,991 94,645 102,474 Exports of goods, serv. & inc. (XGS) 12,315 20.754 35,881 39,462 43,485 53,585 68,724 75,900 Worker remit. & comp. of employees 0 152 281 296 279 295 307 300 Imports of goods & services (MGS) 12.724 22,600 40,189 43,020 48,630 61,444 77,653 84,223 International reserves (RES) 1.185 12,017 11,217 10,755 10,383 12,780 15,951 18,590 Current account balance 379 -1,650 -4,004 -3,205 -4,693 -7.231 -8,639 -8,106 EDT I XGS (%) 172.2 152.5 82.3 76.8 80.4 88.7 92.4 87.1 EDT I GNI(%) 67.1 73.7 66.4 61.3 56.4 60.1 67.1 64.5 TDS I XGS (%) 34.3 33,8 22.1 34.8 34.0 28.7 25.5 31.0 \NT! XGS (%) 13.6 10.2 4.2 3.7 2.8 3.0 3.1 3.3 !NT /GNI(%) 5.3 4.9 3.4 2.9 2.0 2.1 2.3 2.5 RES I EDT (%) 5.6 38.0 38,0 35.5 29.7 26.9 25.1 28.1 RES I MGS (months) 1.1 6.4 3.3 3.0 2.6 2.5 2.5 2.6 Short-term! EDT (%) 13.9 10.1 14.1 15.3 16.2 19.0 19.4 18.7 Concessionall EDT (%) 0.2 1.3 1.0 0.4 0.3 0.7 0.4 Ll Multilateral! EDT (%) 11.8 ILl 4.8 4.5 4.9 3.3 3.6 3.5 195 HUNGARY (US$ million, unless otherwise indicated) 1990 2000 2001 2002 2003 DEBT OUTSTANDING (LDOD) 17,931 28,063 25,368 25,682 29,289 38,491 51,197 53,725 Public and publicly guaranteed 17,931 23,974 14,355 12,697 13,551 16,473 21,093 21,216 Official creditors 2.656 4,459 1,948 1,669 1,924 1,886 2.549 2,533 Multilateral 2.497 3.511 1,424 1,367 1,708 1,591 2.268 2,322 Concessional 13 0 0 0 0 131 88 571 Bilateral 160 947 524 302 216 295 281 211 Concessional 19 415 285 112 95 203 197 151 Private creditors 15,275 19,516 12,407 11,027 11,627 14,587 18,545 18,683 of which: Bonds 4,645 15,814 10,652 10,079 10,601 12,385 16,038 16,037 Commercial banks 9,642 3,372 1,741 949 1,026 1,708 1.973 2,184 Private nonguaranteed 0 4,089 11,014 12,985 15,738 22,018 30,103 32,509 Bonds 0 0 188 184 199 255 467 1,388 Commercial banks and other 0 4,089 10,826 12,801 15,539 21,763 29,636 31,121 Memo: IBRD 1.512 2,218 582 564 517 253 220 171 IDA 0 0 0 0 0 0 0 0 Public sector LDOD 17,931 23,756 13,874 12,261 12,928 15,524 19,099 19,775 Private sector LDOD 0 4,306 11,495 13,421 16,361 22,967 32,097 33,949 DISBURSEMENTS 2,282 6,887 6,283 13,455 13,056 17,672 26,839 26,429 Public and publicly guaranteed 2,282 4,150 1,115 1,440 693 3,510 6,055 6,215 Official creditors 669 688 135 77 277 214 650 568 Multilateral 654 484 70 65 276 195 650 568 Concessional 0 0 0 0 0 162 0 532 Bilateral 15 204 65 12 2 19 0 0 Concessional 2 204 34 12 2 19 0 0 Private creditors 1,614 3,462 980 1,363 415 3,296 5,405 5,647 of which: Bonds 940 3,102 670 1,299 360 2,293 4,776 5,011 Commercial banks 574 343 310 64 55 560 630 636 Private nonguaranteed 0 2,737 5,168 12,015 12,364 14,162 20,784 20,213 Bonds 0 0 0 0 0 0 365 997 Commercial banks and other 0 2,737 5,168 12,015 12,364 14.162 20,419 19,216 Memo: IBRD 268 188 38 12 1 0 3 3 IDA 0 0 0 0 0 0 0 0 PRINClPAL REP A YMENTS 2,216 4,117 6,443 12,275 13,560 13,781 15,377 20,997 Public and publicly guaranteed 2,216 3,081 2,512 2,280 1,463 2,938 2,648 3,372 Official creditors 145 819 343 280 248 607 166 238 Multilateral 125 723 130 80 119 537 132 204 Concessionai 0 0 0 0 0 45 48 9 Bilateral 19 96 213 200 129 71 34 34 Concessional 0 14 184 170 36 23 21 21 Private creditors 2.072 2,262 2,169 2,000 1,215 2.331 2.483 3,134 of which: Bonds 19 982 1,847 1,205 1,103 2,228 2,113 3,030 Commercial banks 1,894 1.094 307 782 112 103 369 104 Private nonguaranteed 1,036 3,931 9,995 Bonds Commercial banks and other ° 0 0 0 1,036 0 3,931 0 9,995 12,097 0 12,097 10,843 0 10,843 12,729 152 12,577 17,624 0 17,624 Memo: lBRD 108 251 95 22 64 281 43 42 IDA 0 0 0 0 0 0 0 0 INTEREST PAYMENTS (LINT) 1,528 1,875 1,325 1,287 1,100 1,247 1,552 1,893 Public and publicly guaranteed 1,528 1,708 943 846 693 704 716 843 Official creditors 184 303 133 117 99 III 85 95 Multilateral 175 241 95 92 79 91 72 84 Concessional I 0 0 0 0 0 0 :I Bilateral 9 62 38 25 19 20 13 II Concessional 1 14 24 11 10 14 8 7 Private creditors 1,344 1,405 810 729 594 593 631 748 of which: Bonds 241 1,129 726 639 544 537 565 680 Commercial banks 1,034 241 83 91 50 51 54 56 Private nonguaranteed 166 382 441 408 543 836 1,049 Bonds Commercial banks and other ° 0 0 0 166 18 364 17 424 18 390 22 522 23 813 46 1,003 Memo: IBRD 106 160 42 35 32 38 12 10 IDA 0 0 0 0 0 0 0 0 196 HUNGARY (US$ million. unless otherwise indicated) 1990 1995 2001 2002 2003 2004 2005 Euro 55.1 62.8 74.9 76.9 67.3 Japanese yen 25.4 34.5 26.4 22.8 18.9 17.3 12.0 10.9 Pound sterling 0.3 0.6 0.7 0.8 0.8 0.0 4.6 8.1 Swiss franc 3.9 2.7 0.6 0.6 0.6 0.5 0.4 0.8 U.S.dollars 18.5 lO.7 23.3 19.2 15.6 6.4 5.6 12.5 Total amount rescheduled 0 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 805 3.346 -354 784 4,653 12,549 16,020 2,592 Net flows on debt -457 2.783 449 1,651 542 6.411 14,776 5,496 1,113 638 -1,113 -849 1.637 2,057 1,053 -2.574 ALL CREDITORS Interest (%) 8.9 6.4 5.2 5.2 3.8 3.8 3.7 3.4 Maturity (years) 9.9 10.4 5.8 11.8 8.8 7.9 7.7 10.8 Grace period (years) 5.1 9.1 4.7 9.5 4.3 6.7 6.6 9.9 Grant element (%) 5.0 21.2 18.2 29.7 26.5 30.0 28.5 39.1 Official creditors In terest (%) 8.4 7.3 4.8 5.3 3.8 3.9 3.6 2.3 M aturi t y (years) 12.3 13.3 11.9 15.5 18.1 12.3 13.8 11.0 Grace period (years) 5.1 4.0 8.5 4.2 4.1 3.0 3.3 10.0 Grant element (%) 7.6 13.3 31.2 27.7 37.2 28.9 34.6 48.0 Private creditors Interest (%) 9.4 6.3 5.3 5.2 3.9 3.8 3.7 3.6 Maturity (years) 7.2 9.9 5.3 11.0 5.0 7.2 7.6 10.8 Grace period (years) 5.0 9.9 4.4 10.6 4.5 7.2 6.7 9.9 Grant element (%) 2.0 22.4 17.0 30.1 22.1 30.2 28.4 37.4 2006 2007 2008 2009 2010 2011 2012 2013 TOTAL Principal 4,991 4,094 5,740 6,766 7,005 4,087 3,322 3,477 Interest 1,768 1,584 1,438 1,288 1.122 930 795 707 Official creditors Principal 253 237 378 235 218 160 132 120 Interest 107 116 109 88 77 69 62 57 Bilateral creditors Principal 43 37 31 31 22 6 6 6 Interest 7 6 5 4 3 3 2 2 Multilateral creditors Principal 210 201 347 205 195 154 126 114 Interest 100 111 105 84 74 67 60 55 Private creditors Principal 4,738 3,857 5,362 6,531 6.787 3.928 3,190 3,357 Interest 1,661 1,468 1,329 1,200 1,045 861 733 650 Notes: 197 INDIA (US$ million, unless otherwise indicated) 1990 1995 2000 TOTAL DEBT STOCKS (EDT) 83,628 94,464 99,099 98,485 105,020 112,855 124,376 123,123 Long-term debt (LDOD) 72,462 87,040 95,637 95,743 100,927 107,815 116,852 114,335 Public and publicly guaranteed 70,974 80,422 80,051 78,818 82,257 84,640 89,004 80,281 Private nonguaranteed 1,488 6,618 15,586 16,924 18,670 23,174 27,847 34,054 Use of IMF credit Short-term debt of which interest arrears on LOOD 2,623 8,544 0 2,374 5,049 0 ° 3,462 0 0 2,742 0 0 4,093 0 0 5,040 0 ° 7,524 0 0 8,788 0 Official creditofl\ 0 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 0 0 0 0 0 0 0 0 Official creditors 0 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 8,344 7,134 10,527 6,223 8,128 13,775 21,563 19,609 Long-term debt 6,590 7,134 to,527 6,223 8,128 13,775 21,563 19,609 IMF purchases L754 0 0 0 0 0 0 0 Principal repayments 3,376 8,648 6,686 7,312 11,258 14,653 15,874 17,809 Long-term debt 2,650 6,929 6,661 7,312 1],258 14,653 15,874 17,809 IMF repurchases 726 1,719 25 0 0 0 0 0 Net flows on debt 6,011 ·728 3,371 .1,809 -1,778 69 8,173 3,064 of which short-term debt 1.043 785 -471 -720 1,351 947 2,484 ],264 Interest payments (INT) 4,811 4,918 4,182 4,408 4,236 5,997 3,376 6,526 Long-term debt 3,778 4,351 3,996 4,296 4,090 5,940 3,187 6,200 IMFcharges 134 182 1 0 0 0 0 0 Short -term debt 899 385 185 112 146 57 188 326 !'let transfers on debt 1,200 -5,646 ·811 -6,217 ·6,015 ·5,928 4,797 -3,462 Total debt service paid (TDS) 8,187 13,566 10,868 11,721 15,494 20,650 19,250 24,335 Long-tenn debt 6,429 11,280 10,657 11,609 15,348 20.593 19,062 24,009 IMF repurchases and charges 859 1.901 26 0 0 0 0 0 Short-term debt (interest only) 899 385 185 112 146 57 188 326 NET RESOURCE FLOWS 4,689 4,505 10,262 7,789 4,223 12,529 20,869 21,426 Net flow of long-term debt (ex, IMp) 3,940 206 3,867 -1,089 -3,129 -878 5,689 1,800 Foreign direct investment (net) 237 2,144 3,584 5,472 5,626 4,585 5,474 6,598 Portfolio equity flows 0 1,591 2,345 2,853 1,022 8,216 8,835 11,968 Grants (excluding technical coop.) 512 565 466 554 704 606 872 1,060 Memo: technical coop. grants 341 437 287 314 328 418 399 363 NET TRANS}<'ERS 910 153 2,098 ·1,782 -4,831 600 17,682 15,226 Interest on long-tenn debt 3,778 4,351 3,996 4,296 4,090 5,940 3,187 6,200 Profit remittances on FOI 0 0 4.168 5,275 4,964 5,989 0 0 Gross national income (GNI) 312,732 351,132 455,213 474,044 504,351 597,833 690,876 800,074 Exports of goods, serv, & inc. (XGS) 25,699 45,638 75,196 79,810 89,455 108,108 Worker remit. & compo of employees 2,384 6,223 12,890 14,285 15,754 21,727 21,375 23,725 Imports of goods & services (MGS) 33,220 53,444 80,487 78,976 82,839 102,148 International reserves (RES) 5,637 22,865 41,059 49,051 71,608 103,737 131,631 137,825 Current account balance -7,036 -5,563 -4,601 1,410 7,059 6,853 EDT/XGS (%) 325,4 207.0 131.8 123,4 117,4 104,4 EDT I GNI (%) 26,7 26.9 21.8 20.8 20.8 18.9 18.0 15.4 IDS / XGS ('fo) 31.9 29.7 14.5 14.7 [7.3 19.1 INT IXGS (%) 18.7 10.8 5.6 5.5 4.7 5.5 INT I GNI (%) 1.5 1,4 0.9 0.9 0.8 1.0 0.5 0.8 RES / EDT (%) 6.7 24.2 41.4 49.8 68.2 91.9 105,8 111.9 RES I MGS (months) 2.0 5.1 6.1 7.5 10,4 12.2 Short-term / EDT (%) 10.2 5.3 3.5 2.8 3.9 4.5 6.0 7.1 Concessionall EDT (%) 46.2 45.7 37.9 37,4 38.1 37.8 34.5 33.6 Multilateral / EOT (% ) 26.0 31.8 30.7 31.5 28.1 26.3 25.4 26.3 198 INDIA (US$ million, unless otherwise indicated) 2000 DEBT OUTSTANDING (LDOD) 72,462 87,040 95,637 95,743 100,927 107,815 116,852 114,335 Public and publicly guaranteed 70,974 80,422 80,051 78,818 82,257 84,640 89,004 80,281 Official creditors 48.337 57,112 50,627 49,796 49,804 50,691 51,605 50,980 Multilateral 21,768 30.048 30.463 31,054 29,497 29,719 31,625 32.397 Concessional 13,657 17.814 19,168 19.742 21,328 23,123 24,013 23,699 Bilateral 26,569 27.065 20,164 18,742 20,307 20,972 19,979 18583 Concessional 25,006 25,378 18,342 17.084 18,675 19,482 18.867 17,631 Private creditors 22,637 23,310 29,424 29,023 32,453 33,949 37,400 29,301 of which: Bonds 2,613 3,271 10,215 10,101 9,987 7,655 8,647 1,229 Commercial banks 16,130 13,412 18,071 18,228 21,887 25,745 28,468 27.915 Private nonguaranteed 1,488 6,618 15,586 16,924 18,670 23,174 27,847 34,054 Bonds 0 1,020 1,515 1,661 1,289 1,136 3,720 6,618 Commercial banks and other 1,488 5,598 14.071 15,263 17,381 22.038 24.128 27,436 Memo: IBRD 7,685 9,849 7,080 7,010 5,082 4,238 4,865 5,557 IDA 13,312 17,499 18,888 19.458 21,011 22.781 23,662 23,363 Public sector LDOD 70,436 79,963 79,575 78,352 81,846 84,281 88,684 80,152 Plivate sector LDOD 2,026 7,077 16,062 17,390 19,081 23,533 28,168 34,183 DISBURSEMENTS 6,590 7,134 10,527 6,223 8,128 13,775 21,563 19,609 Public and publicly guaranteed 6,376 5,955 10,227 3,974 5,470 8,446 12,594 7,481 OlTicial creditors 3.572 2,828 3.242 3,607 2,900 3,759 3.660 3,737 Multilateral 2,210 1,942 2,371 2,462 1,947 2,544 2,353 2,747 Concessional 785 736 1,075 1,214 901 937 1.038 /,208 Bilateral 1,361 886 871 1,144 953 1,215 1,306 990 Concessional 1,129 815 681 1,000 824 1,172 1,264 972 Private creditors 2,804 3,127 6,985 367 2,570 4,687 8.934 3.743 of which: Bonds 427 86 5,512 0 0 1,348 3,710 844 Commercial banks 1,983 1,719 875 319 2,569 3,335 5,225 2,899 Private nonguaranteed 214 1,179 300 2,250 2,658 5,329 8,969 12,128 Bonds 0 520 0 0 100 210 2,820 4,225 Commercial banks and other 214 659 300 2,250 2,558 5,119 6,150 7,903 Memo: IBRD 1.219 589 706 803 647 892 818 938 IDA 762 729 1,054 1,195 886 924 1,025 1,192 PRINCIPAL REPAYMENTS 2,650 6,929 6,661 7,312 11,258 14,653 15,874 17,809 Public and publicly guaranteed 2,332 6,773 6,412 5,209 8,873 12,231 11,939 12,353 Official creditors 1.237 3,876 3,479 3,242 6,727 6,490 2,663 2,316 Multilateral 609 1,513 1,740 1,423 5,267 4.025 895 1,053 Concessional 128 245 387 441 468 546 597 635 Bilateral 629 2,364 1,739 1,819 1,460 2,465 1,768 1,263 Concessional 558 2,106 1,413 1,504 1,133 2,164 1,516 1,107 Private creditors 1,094 2,896 2,933 1,967 2,146 5,741 9.275 10,037 of which: Bonds 280 319 0 86 142 4,179 2,733 8,125 Commercial banks 250 1,797 2.711 lA02 1,860 1,498 6,282 1,797 Private nonguaranteed 318 156 249 2,104 2,384 2,422 3,936 5,456 Bonds 0 0 35 316 490 358 85 903 Commercial banks and other 318 156 214 1,788 1,894 2,064 3,851 4,553 Memo: IBRD 472 943 994 724 3,031 1,871 201 222 IDA 114 226 367 429 456 532 583 621 INTEREST PAYMEl'Il'S (LINT) 3,778 4,351 3,996 4,296 4,090 5,940 3,187 6,200 Public and publicly guaranteed 3,643 3,820 3,366 3,137 3,055 4,560 2,170 4,787 Official creditors 1,497 1.867 1,422 1,296 1,259 873 783 907 Multilateral 738 1,061 835 773 739 456 367 504 Concessional 100 135 142 145 151 164 194 192 Bilateral 759 806 588 523 520 417 416 402 Concessional 634 686 469 433 417 373 360 340 Private creditors 2,147 1.953 1,944 1.841 1,796 3,687 1,387 3,881 of which: Bonds 180 185 143 342 336 1,388 226 2,639 Commercial banks 1,751 1,263 1,739 1,448 1.441 2,287 1,152 1.233 Private nonguaranteed 135 531 630 1,159 1,035 1,379 1,017 1,413 Bonds 0 56 224 143 127 65 95 168 Commercial banks and other 135 475 406 1,016 908 1,314 922 1.245 Memo: IBRD 615 770 429 367 341 178 99 195 IDA 97 131 139 141 148 161 190 188 199 INDIA (US$ million, unless otherwise indicated) 1990 2002 2003 Euro 5.8 6.3 5.8 5.1 5.1 Japanese yen 9.7 14.8 U.8 1l.8 12.6 14.3 13.2 13.8 Pound sterling 6.1 4.7 3.9 3.7 3.4 3.0 2.7 2.5 Swiss franc 0.6 0.9 0.3 0.4 0.5 0.3 0.3 0.2 U.S.dollars 60.7 52.4 67.2 68.8 71.9 75.1 no 76.2 Total amount rescheduled 0 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 8,222 -8,019 786 -614 6.535 7,835 11.521 -1,253 Net flows on debt 6,011 -728 3,371 -1,809 -1,778 69 8,173 3.064 Cross-currency valuation -849 -4,761 -1,713 3,540 3,917 441 -2,296 ALL CREDITORS Interest (%) 5.4 3.9 4.7 3.6 2.3 1.9 2.6 4.0 Maturity (years) 21.9 22.6 11.5 23.7 23.8 21.3 20.8 17.0 Grace period (years) 7.9 7.6 5,4 6.6 7.1 6.9 6.1 5.1 Grant element (%) 33.9 43.2 25.6 45.8 54.8 54.5 49.2 33.4 Official creditors Interest (%) 3.9 3.5 5.5 3.5 2.2 1.5 2.1 4.3 MatUlity (years) 28.7 26.7 24.0 24.5 26.1 26.0 26.6 22.8 Grace period (years) 8.4 8.2 6.6 6.7 7.5 7.5 6.7 5.8 Grant element (%) 49.1 49.5 33.5 47.0 58.1 63.4 58.8 40.3 Private creditors Interest (%) 6.8 5.7 4.3 5.4 2.5 3.4 3.6 3.5 Maturity (years) 15.0 5.9 5.1 3.7 5.0 5.5 7.3 3.9 Grace period (years) 7.3 4.8 4.8 3.7 4.7 4.7 4.8 3.6 Grant element (%) 18.9 16.7 21.5 13.8 27.5 24.2 26.8 17.9 TOTAL Principal 5,800 7,055 7,278 7,968 7,446 6,914 6.834 6,832 Interest 4,508 4.409 4,193 4.027 3,830 3,649 3,472 3,285 Official creditors Principal 2,664 2.813 2,955 3,084 3,224 3,245 3,312 3,334 Interest 1.208 1,272 1.304 1,284 1,241 1,175 1,096 1,005 Bilateral creditors Principal 1,468 1,439 1,382 1,387 1,334 1,293 1,304 1,301 Interest 498 489 463 433 397 361 325 289 Multilateral creditors Principal 1,196 1,374 1,573 1,697 1,890 1.952 2,008 2,033 Interest 709 783 840 850 844 813 771 716 Private creditors Principal 3,136 4,242 4,323 4,884 4,222 3,670 3,522 3,498 Interest 3,300 3,138 2,889 2,743 2,589 2,474 2,376 2,280 Notes: Data relate to the year ending in Marcb (latest data are for the year ending in March 2006). Revisions: At the country's request, data were revised to include the reclassification of the NRI deposits from public and publicly guarantecd to private nonguaranteed category beginning 200 I. 200 INDONESIA (US$ million, unless othelWise indicated) 1990 1995 2000 2001 2002 2005 TOTAL DEBT STOCKS (EDT) 69,872 124,398 144,159 133,828 132,839 136,956 139,723 138,300 Long-term debt (LDOD) 58,242 98,432 110,689 102,909 101,171 103,777 105,537 105,993 Public and publicly guaranteed 47,982 65,309 69,520 68,504 71,145 74,023 71,991 72,335 Private nonguaranteed 10,261 33,123 41,169 34,405 30,026 29,754 33,546 33,658 Use of IMF credit 494 10,838 9,113 8,861 10,276 9,686 7,807 Short-term debt of which interest arrears on LDOD 11,135 0 ° 25,966 0 22,633 4,632 21,805 5,632 22,806 60406 22,903 7.403 24,500 7,400 24,500 7,400 Official creditors 0 0 5 5 5 3 0 0 Private creditors 0 0 4,627 5,627 6,401 7,400 7,400 7,400 Memorandum items Principal arrears on LOOD 1 0 3,000 3,000 3,000 9,403 10,362 10,362 Official creditors 1 0 0 0 0 0 0 0 Private creditors 0 0 3,000 3,000 3,000 9,403 10,362 10,362 TOTAL DEBT FLOWS Disbursements 10,024 13,628 6,760 4,683 5,232 9,105 9,991 13,633 Long-teoo debt 10,024 13,628 5,637 4,289 3,806 7,180 9,991 13,633 IMF purchases 0 0 1,123 394 1,426 1,925 0 0 Principal repayments 5,969 10,197 9,267 9,603 12,891 14,262 15,604 13,904 Long-term debt 5,812 10,197 9,267 7,851 10,516 12,893 14,599 12,759 IMF repurchases 157 0 0 1,752 2,376 1,370 1,005 1,145 Net flows on debt 7,216 9,941 -1,036 -5,947 -7,433 -6,057 -4,012 -271 of which short-term debt 3,160 6,509 1,471 -1,028 227 -900 1,600 0 Interest payments (INT) 3,978 6,219 7,355 5,872 3,981 4,220 4,843 4,141 Long-term debt 3,413 4,935 5,672 4,538 3,118 3,418 3,936 3,176 IMFcharges 59 0 526 470 263 164 255 313 Short-teoo debt 506 1,284 1,157 863 600 638 652 652 Net transfers on debt 3,238 3,722 -8,391 -11,820 ·11,414 ·10,277 -8,856 -4,412 Total debt service paid (TDS) 9,946 16,416 16,622 15,475 16,873 18,482 20,447 18,045 Long-term debt 9,224 15,132 14,939 12,390 13,634 16,310 18,535 15,935 IMF repurchases and charges 216 0 526 2,222 2,638 1,534 1,260 1,458 Short-term debt (interest only) 506 ),284 1,157 863 600 638 652 652 NET RESOURCE FLOWS 5,589 9,521 -8,831 -5,833 -5,386 -4,896 ·379 6,967 Net flow oflong-teoo debt (ex, IMF) 4,213 3,431 -3,630 -3,562 -6,710 -5,713 -4,608 874 Foreign direct investment (net) 1,093 4,346 -4,550 -2,977 145 -597 1,896 5,260 Portfolio equity flows 0 1,493 -1,021 442 877 1,131 2,043 -165 Grants (excluding technical coop.) 283 250 371 265 302 283 290 998 Memo: technical coop. grants 401 494 418 402 460 480 430 476 NET TRANSFERS -16 3,868 -18,077 -13,529 -11,719 -1l,068 -12,639 -5,874 Interest on long-teoo debt 3,413 4,935 5,672 4,538 3,118 3,418 3,936 3,176 Profit remittances on FDI 2,192 718 3,574 3,158 3,215 2,754 8,324 9,665 Gross national income (GNn 109,209 196,188 154,077 158,196 194,257 228.392 245,525 278,236 Exports of goods, serv. & inc. (XGS) 29,870 54,880 74,269 65,915 68,405 72,227 92,788 Worker remit. & compo of employees 166 651 1,190 1,046 1,259 1,489 1,866 0 Imports of goods & services (MGS) 33,110 61,641 66,903 59,489 61,062 64,220 89,119 International reserves (RES) 8,657 14,908 29,353 28,104 32,034 36,256 36,311 34,579 Current account balance -2,988 -6,431 7,992 6,901 7,824 8,387 3,108 EDT/XGS (%) 233.9 226.7 194,1 203,0 194,2 189.6 150,6 EDT I GNI (%) 64.0 63.4 93.6 84.6 68.4 60.0 56,9 49,7 TDS/XGS(%} 33.3 29,9 22.4 23.5 24,7 25,6 22.0 !NT/XGS(%) l3.3 11.3 9,9 8.9 5.8 5,8 5,2 !NT IGNI (%) 3.6 3.2 4.8 3.7 2,0 1.8 2.0 1.5 RES I EDT(%) 12.4 12,0 2004 21.0 24.1 26.5 26,0 25.0 RES I MGS (months) 3.1 2.9 5,3 5,7 6,3 6,8 4.9 Short-teoo I EDT (%) 15,9 20.9 15.7 16,3 17,2 16,7 17,5 17.7 Concessionall EDT (%) 26.4 22.5 21.0 21.0 24.9 27,2 27.9 26.0 Multilateral! EDT (%) 20.4 16,1 13.8 14,5 14.6 14.4 13.7 13.4 201 INDONESIA (US$ million. unless otherwise indicated) 1995 2000 2004 2005 5;L()~G.TERMJ)EBl DEBT OUTSTANDING (LDOD) 58,242 98,432 110,689 102,909 101,171 103,777 105,537 105,993 Public and publicly guaranteed 47,982 65,309 69,520 68,504 71.145 74,023 71,991 72,335 Official creditors 33,007 51.250 54,750 52,621 57,364 61,287 60,458 59,032 Multilateral 14,285 20,013 19,904 19,372 19,439 19,767 19,173 18,514 Concessional 1,369 1,668 1,642 1,576 1,710 1,905 2,082 2,001 Bilateral 18,722 31,237 34,846 33,250 37,924 41,520 41,285 40,518 Concessional 17,088 26,304 28,643 26,574 31.374 35,393 36,947 34,016 Private creditors 14,975 14,059 14,770 15,883 13,781 12,737 11,533 13,303 of which: Bonds 696 704 971 945 779 1,329 2,329 4,139 Commercial banks 8,606 6,714 9,946 11,895 10,114 8,702 6,640 7,253 Private nonguaranteed 10,261 33,123 41,169 34,405 30,026 29,754 33,546 33,658 Bonds 120 3.420 6,337 4,981 4,511 3,854 4,374 6,275 Commercial banks and other 10,141 29,703 34,832 29,424 25,516 25,900 29,173 27,384 Memo: ffiRD 9,542 12,503 11,715 11,435 10,729 9,779 8,943 8,132 IDA 842 756 714 722 794 880 996 1,001 Public sector LDOD 47,982 65.309 69,420 68,246 70,712 73.572 71,323 71,351 Private sector LDOD 10,261 33,123 41,269 34,663 30,460 30,205 34.214 34,642 DISBURSEMENTS 10,024 13,628 5,637 4,289 3,806 7,180 9,991 13,633 Public and publicly guaranteed 5,009 6,665 3,287 2,289 2,156 3,049 3,160 5,061 Official creditors 3,969 4.254 3,019 2,129 1,792 1,561 1,876 2,559 Multilateral 1,794 1,777 1,750 1,126 1,198 856 1,156 1,667 Concessional 145 80 108 75 III 148 178 135 Bilateral 2,175 2,477 1.268 ],003 594 706 720 892 Concessional 1.979 1,923 1,134 981 587 687 656 799 Private creditors L041 2,411 268 160 364 1,487 1,285 2,502 of which: Bonds 0 605 0 0 300 550 1,000 2,200 Commercial banks 487 938 262 112 41 924 252 246 Private nonguaranteed 5,015 6,963 2,350 2,000 1,650 4,131 6,831 8,572 Bonds 120 1,763 350 0 150 250 620 2,361 Commercial banks and other 4.895 5,200 2,000 2,000 I,SOO 3,881 6,21 I 6,211 Memo: IBRD 987 1,045 1.051 546 332 317 537 585 IDA 0 0 59 39 87 91 122 67 PRINCIPAL REP A YMENTS 5,812 10,197 9,267 7,851 10,516 12,893 14,599 12,759 Public and publicly guaranteed 4,588 5,714 3,867 3,093 4,287 5,086 7,499 5,299 Official creditors 1,586 3,125 1,587 1,493 2,204 2,405 4,536 3,170 Multilateral 677 1,289 1,116 1,174 1,489 1,764 1,894 1,957 Concessional 24 46 69 65 66 67 69 70 Bilateral 909 1,836 471 319 715 641 2,642 1,214 Concessional 611 1,271 334 296 606 414 1,764 820 Private creditors 3,001 2,589 2,280 1,600 2,083 2,680 2,962 2,128 of which: Bonds 94 0 0 26 235 0 0 310 Commercial banks 1,718 \,678 2,106 1,526 1,727 2,571 2,438 1,347 Private nonguaranteed 1,224 4,483 5,400 4,759 6,229 7,807 7,100 7,460 Bonds 0 120 2,400 1,350 621 850 100 460 Commercial banks and other 1,224 4,363 3,000 3,408 5,608 6,957 7,000 7,000 Memo: ffiRD 551 955 761 826 1,038 1,267 1,363 1,390 IDA 11 20 26 27 27 27 27 27 INTEREST PAYMENTS (LINT) 3,413 4,935 5,672 4,538 3,118 3,418 3,936 3,176 Public and publicly guaranteed 2,808 3,773 3,737 3,558 2,222 2,348 2,833 1,894 Official creditors 1,585 2,666 2,575 2,637 1,783 1.975 2,377 1,156 Multilateral 990 1,403 1.383 1,357 1,295 1,167 958 865 Concessional 16 26 25 26 21 20 22 24 Bilateral 595 1,263 1,192 1,280 488 808 1,419 291 Concessional 451 875 810 807 332 625 1,157 190 Pri vate creditors l,223 1.108 1,162 921 439 373 455 737 of which: Bonds 62 6 72 71 32 63 126 185 Commercial hanks 699 656 845 642 351 230 209 473 Private nonguaranteed 605 1,161 1,935 980 896 1,069 1,103 1,283 Bonds 0 139 735 546 462 447 413 593 Commercial banks and other 605 1,022 1,200 434 434 622 690 690 Memo: ffiRD 731 921 950 927 867 736 575 481 IDA 6 6 5 5 6 6 8 9 202 INDONESIA (U5$ million, unless otherwise indicated) 1990 J995 2000 2001 2002 2003 ,.·<;!~CĄ~QMPO~mONoFptiBLiCAN»Ptl.tlCIirGV~uJi!l)_T'~COO) ',, .:> _ ",;,"- _ ''.-''',.',,/''---'0'' ',',.v'<.',.,,', -/ ,';'._,_ --'",;- _ ,'--' , Euro 7,6 9,0 10.4 13.6 13,6 Japanese yen 34.6 35.3 33.0 28.0 28.9 28.4 32.9 34.9 Pound sterling 1.4 0.8 1.2 0.9 1.3 L2 2.0 2.2 Swiss franc 0.4 0.7 0.6 0.6 0.6 0.6 0.7 0.6 U.S.dollars 20.9 21.5 50A 57.3 54.6 53.9 45.2 43.8 'tV~BTQ;$TRV~~··. Total amount rescheduled 0 0 2,461 2,769 5,074 3,086 0 2,608 Debt stock rescheduled 0 0 0 0 1,002 0 0 0 Principal rescheduled 0 0 2,262 2,733 2,441 2,515 0 1,376 Official 0 0 1,534 1,885 1.836 1,949 0 1,358 Private 0 0 727 848 604 566 0 18 Interest rescheduled 0 0 0 0 675 408 0 566 Official 0 0 0 0 551 342 0 555 Private 0 0 0 0 124 66 0 II Debt forgiven 0 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 . $.DtB'r·$'f~·l'LQW1JEOO~C~1'lON······ Total change in debt stocks 10,470 16,574 -7,173 -10,332 -989 4,117 2,768 -1,423 Net flows on debt 7,216 9,941 -1,036 -5,947 -7,433 -6,057 -4,012 -271 Cross-currency valuation 3,078 -44 ·4,577 -4,219 4,181 5,228 1,969 -5,156 9.cAVFlMQE~~~··.·~W·GQ~Nt'S ALL CREDITORS Interest (%) 6.0 5,7 4.2 3.8 3.3 2.8 3.5 4.8 Maturity (years) 21.7 18.1 18.7 27.1 20.9 21.0 18.3 19.2 Grace period (years) 5.9 5.1 6.1 3.5 4.2 3.6 6.4 7.8 Grant element (%) 29.2 27.2 39.5 43.6 41.7 44.3 42.1 33.2 Official creditors Interest (%) 5.5 5.1 3.0 3.6 2.5 1.8 2.5 2.9 Maturity (years) 23.1 21.3 24.4 29.2 22.6 26.9 22.8 24.9 Grace period (years) 6.6 5.8 7.0 3.9 3.7 3.2 6.5 4.2 Grant element (%) 32.9 33.4 52.6 47.3 47.6 56.1 53.2 49.1 Private creditors Interest (%) 7.3 6.8 6.6 5.8 7.0 5.1 5.2 6.5 Maturity (years) 17.1 12.3 7.7 12.7 12.4 8.4 10.3 13.8 Grace period (years) 3.9 3.8 4.4 1.1 6.6 4.3 6.2 ILl Grant element (%) 17.7 15.8 13.9 17.8 12.6 19.1 22.5 18.2 TOTAL Principal 14.943 13,619 12,984 7,700 8,392 4,692 5,893 4,351 Interest 3,814 3,379 2.860 2,433 2,116 1,744 1.568 1.276 Official creditors Principal 6,032 5,762 5.739 5,793 4,771 4,136 3,978 3,821 Interest 2,166 1,984 1.792 1,588 1,386 1,216 1,068 916 Bilateral creditors Principal 3,995 3,776 3,831 3,887 2,995 2,482 2,425 2,413 Interest 1,219 1,115 1,014 900 790 706 641 568 Multilateral creditors Principal 2,037 1,986 1,908 1,906 1,776 1,654 1,553 lA08 Interest 948 869 778 687 596 510 427 348 Private creditors Principal g,911 7,857 7,244 1,907 3,620 557 1,915 530 Interest 1,648 1,395 1,068 845 730 528 500 360 Notes: Data include the effects of a Tsunami-related Paris Club debt restructuring agreement signed in 2005. 203 IRAN, ISLAMIC REPUBLIC OF (US$ million, unless otherwise indicated) 2000 TOTAL DEBT STOCKS (EDT) 9,020 21,879 7,978 7,480 8,900 13,912 20,356 21,260 Long-term debt (LDOD) 1,797 15,430 4,970 5,462 6,823 9,121 10,103 10,574 Public and publicly guaranteed 1,797 15,116 4,707 5,291 6,604 8,933 9,985 10,493 Private nonguaranteed 0 314 263 170 219 [88 118 81 Use of IMF credit 0 0 0 0 0 0 0 0 Short-term debt 7,224 6,449 3,008 2,018 2,077 4,791 10,253 10,686 of which interest arrears on LDOD 456 6 0 0 0 0 0 0 Official creditors 6 2 0 0 0 0 0 0 Private creditors 449 4 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 1,517 48 0 0 0 0 0 0 Official creditors 29 0 0 0 0 0 0 0 Private creditors 1,488 48 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 139 979 1,465 1,917 1,951 2,538 2,202 2,735 Long-term debt 139 979 1,465 1,917 1.951 2,538 2.202 2,735 IMF purchases 0 0 0 0 0 0 0 0 Principal repayments 225 4,198 2,637 880 1,103 1,269 1,473 1,752 Long-tenn debt 225 4,198 2,637 880 1,103 1,269 1,473 1,752 IMF repurchases 0 0 0 0 0 0 0 0 Net flows on debt 2,480 -305 -1,780 46 907 3,983 6,191 1,416 of which short-term debt 2,566 2,914 -609 -990 59 2,714 5,462 433 Interest payments (lNT) 430 1,627 589 402 401 481 633 766 Long-term debt 28 1,132 409 301 298 315 377 504 IMFcharges 0 0 0 0 0 0 0 0 Short-term debt 402 494 180 101 103 167 256 261 Net transfers on debt 2,050 -1,931 -2,369 -356 506 3,502 5,558 650 Total debt service paid (TDS) 655 5,824 3,225 1,282 1,504 1,750 2,106 2,518 Long-term debt 253 5,330 3,045 1,181 1,401 1,583 1,850 2,256 IMF repurchases and charges 0 0 0 0 0 0 0 0 Short-term debt (interest only) 402 494 180 101 103 167 256 261 NET RESOURCE FLOWS -371 -3,161 -1,096 1.132 1,449 1,815 948 1,056 Net flow of long-term debt (ex. IMF) -86 -3.219 -1,171 1.036 848 1,269 729 983 Foreign direct investment (net) -362 17 39 61 548 482 100 30 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop.) 76 41 36 35 53 64 120 42 Memo: technical coop. grdnts 99 106 64 58 59 72 79 75 NET TRANSFERS -399 -4,293 -1,505 831 1,151 1,501 572 551 Interest on long-term debt 28 1,l32 409 301 298 315 377 504 Profit remittances on FOr 0 0 0 0 0 0 0 0 Gross national income (GNI) 115,922 90,172 101,335 115.688 114,419 132,753 160,332 186,995 Exports of goods, servo & inc, (XGS) 20,197 19,269 30,131 Worker remit. & camp, of employees 0 1,600 536 682 851 1,178 1,032 1,032 Imports of goods & services (MGS) 22,370 15,907 18,107 international reserves (RES) Current account balance 327 3,358 12,481 EDT/XGS (%) 44.7 113.5 26.5 EDT I GNI (%) 7.8 24,3 7,9 6.5 7.8 10.5 12,7 11.4 TDS/XGS(%) 3.2 30.2 lO.7 INT IXGS (%) 2.1 8,4 2,0 lNT IGNI(%) 0.4 1.8 0,6 0.3 0,4 0,4 0.4 004 RES I EDT (%) RES I MGS (months) Short-term / EDT (%) 80.1 29.5 37,7 27.0 23.3 34.4 5004 50.3 Concessional / EDT (% ) 0.0 (J,O (J.O 0.0 0.0 0.0 0.0 0,0 Multilateral f EDT (%) 1.3 1.7 6.4 6.1 4.5 2.5 1.6 1.8 204 IRAN, ISLAMIC REPUBLIC OF (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 1,797 15,430 4,970 5,462 6,823 9,121 10,103 10,574 Public and publicly guaranteed 1,797 15,116 4,707 5,291 6,604 8,933 9,985 10,493 Official creditors 225 11,354 1,625 1,197 1,312 1,526 1,584 1,820 Multilateral 116 381 507 456 400 350 318 381 Concessional 0 0 0 0 0 0 0 0 Bilateral lIO 10,974 1,118 741 912 1,176 1,266 1,438 Concessional 110 549 512 429 540 799 857 976 Pri vale credi tors 1,571 3,761 3,082 4,095 5,292 7,407 8,401 8,673 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 1,055 5 1,041 1,682 2,500 2,998 3,477 4,082 Private nonguaranteed 0 314 263 170 219 188 118 81 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 314 263 170 219 188 118 81 Memo: IDRD 86 316 481 456 400 350 316 378 IDA 0 0 0 0 0 0 0 0 Public sector LDOD 1,797 15,031 4,687 5,275 6,588 8,917 9,972 10,483 Private sector LDOD 0 398 283 187 235 204 131 91 DISBURSEMENTS 139 979 1,465 1,917 1,951 2,538 2,202 2,735 Public and publicly guaranteed 139 979 1,465 1,917 1,801 2,538 2,202 2,735 Official creditors 30 393 443 255 312 293 259 629 Multilateral 30 123 120 44 12 21 36 258 Concessional 0 0 0 0 0 0 0 0 Bilateral 0 270 323 211 300 273 223 371 Concessional 0 270 62 89 191 194 126 260 Private creditors 109 586 1,022 1,662 1,489 2,244 1,943 2,106 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 1 268 824 913 830 995 1,442 Private nonguaranteed 0 0 0 0 150 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 150 0 0 0 Memo: IDRD 0 85 114 44 12 14 29 247 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REP AYMENTS 225 4,198 2,637 880 1,103 1,269 1,473 1,752 Public and publicly guaranteed 225 4,120 2,344 788 1,002 1,219 1,431 1,715 Official creditors 86 3,497 1,785 275 243 167 182 289 Multilateral 67 41 108 70 69 70 68 155 Concessional 0 0 0 0 0 0 0 0 Bilateral 18 3,456 1.677 205 174 97 114 134 Concessional 18 20 127 150 120 19 46 77 Private creditors 139 622 559 513 759 ],052 [,249 1,425 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 I 65 132 271 498 612 713 Private nonguaranteed 0 78 293 93 101 50 42 37 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 78 293 93 101 50 42 37 Memo: IDRD 67 6 70 70 69 63 63 J45 IDA 0 0 0 0 0 0 0 0 INTEREST .PA YMENTS (LIl'o'T) 28 1,132 409 301 298 315 377 504 Public and publicly guaranteed 28 1,107 393 291 292 308 371 418 Official creditors 14 787 189 88 77 75 89 94 Multilateral 10 27 44 41 36 29 22 39 Concessional 0 0 0 0 0 0 0 0 Bilateral 4 759 145 48 41 46 67 55 Concessional 4 27 21 27 14 19 41 23 Private creditors 14 321 204 203 216 233 282 324 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 82 81 92 92 108 157 Private nonguaranteed 0 25 16 10 6 6 6 86 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 25 16 10 6 6 6 86 Memo: IDRD 10 19 40 41 36 29 22 39 IDA 0 0 0 0 0 0 0 0 205 IRAN, ISLAMIC REPUBLIC OF (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 Bum 23.8 34.6 46.6 50.5 52.2 Japanese yen 4.2 4.9 9.4 7.5 9.5 11.9 10.5 8.1 Pound sterling 0.0 0.0 0.6 0.5 0.5 0.4 0.3 0.1 Swiss franc 0.0 0.6 3.8 6.0 6.4 6.3 5.4 4.4 U.S. dollars 88.6 71.5 68.3 61.5 48.7 34.7 33.2 35.0 7~Il~lIT~3ilel'~S Total amount rescheduled 0 3,178 0 0 0 0 0 0 Debt stock rescheduled 0 3,178 0 0 0 0 0 0 Principal rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 () 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 . ·.~.BT,~O<;li~~~·_CON~nON· Total change in debt stocks -755 -1.928 -498 1,420 5,012 6,444 903 Net flows on debt -305 -1,780 46 907 3,983 6,191 1,416 -340 -139 -29 447 412 265 -468 ALL CREDITORS Interest (%) 8.3 6.6 5.9 4.6 4.0 2.2 3.7 4.4 Maturity (years) 9.5 10.2 11.5 9.6 10.5 10.9 ILl 12.8 Grace period (years) 4.0 3.1 3.5 2.7 2.9 2.8 -15.6 3.3 Grant element (%) 6.9 15.1 19.2 23.3 25.1 35.6 30.0 27.8 Official creditors Interest (%) 7.3 7.5 4.9 4.9 5.6 2.4 2.8 4.1 Maturity (years) 13.5 8.0 13.4 ILl 14.0 16.9 15.2 17.0 Grace period (years) 5.0 2.2 4.4 3.9 4.4 3.6 5.4 5.5 Grant element (%) 14.4 8.7 27.1 24.4 21.9 45.0 43.1 36.8 Private creditors Interest (%) 8.6 6.3 6.6 4.5 3.4 2.2 4.1 4.7 Maturity (years) 8.3 10.9 10.2 9.5 9.1 10.4 9.3 9.0 Grace period (years) 3.7 3.4 2.9 2.5 2.3 2.8 -24.9 1.4 Grant element (%) 4.7 16.9 14.4 23.2 26.4 34.7 24.3 19.7 2006 2007 2008 2009 2010 TOTAL Principal 2,248 2,198 2,109 1,809 1,576 1.304 1,101 757 Interest 651 580 479 377 289 216 154 109 Official creditors Principal 284 282 274 295 344 304 294 210 Interest 96 96 94 90 83 74 64 55 Bilateral creditors Principal 208 210 200 211 227 193 183 99 Interest 69 64 57 47 37 27 18 12 Multilateral creditors Principal 75 73 74 84 116 111 III 111 Interest 27 31 37 43 47 47 46 43 Private creditors Principal 1,965 1,916 1,835 1,513 1,232 1,000 807 547 Interest 555 484 385 287 206 142 89 54 Notes: Data related to the year ending in March. Long-term public and publicly guaranteed debt as of end-March 2006 are based on reports provided by the country. Long-ternl private nonguaranteed debt data are World Bank staff estimates. Short-term debt data have been revised fmm 2003, based on data published by Central Bank of the Islamic Republic of !i·an. 206 JAMAICA (US$ million, unless otherwise indicated) 1995 2000 TOTAL DEBT STOCKS (EDT) 4,752 4,572 4,715 5,374 5,489 5,641 6,437 6,511 Long-term debt (LDOD) 4,049 3,840 3,862 4,402 4,684 4,645 5,340 5,897 Public and publicly guaranteed 4,015 3,712 3,760 4,308 4,599 4,568 5,241 5,508 Private nonguaranteed 34 128 103 94 86 77 98 390 Use of IMF credit 357 240 60 40 24 9 1 0 Short-term debt 346 492 793 931 781 987 1,096 613 of which interest arrears on LDOD 124 102 150 157 170 195 225 221 Official creditors 87 87 122 110 107 117 137 182 Private creditors 37 15 28 47 63 78 88 40 Memorandum items Principal arrears on LDOD 157 203 131 73 87 115 123 140 Official creditors 84 166 110 66 68 77 69 91 Private creditors 73 37 21 7 20 37 54 49 TOTAL DEBT FLOWS Disbursements 348 3]6 904 1,037 613 286 1,111 1,346 Long-term debt 292 305 904 1,037 613 286 Ull L346 IMF purchases 56 11 0 0 0 0 0 0 Principal repayments 401 436 443 423 509 521 514 550 Long-term debt 290 340 424 404 491 505 506 549 IMF repurchases III 95 19 18 19 16 8 1 Net flows on debt -99 -106 440 746 -59 -54 676 316 of which short-term debt -45 14 -21 131 -163 181 79 -479 Interest payments (INT) 260 232 261 319 339 315 338 419 Long-term debt 202 191 208 284 319 299 308 387 L'VlF charges 34 17 4 3 I 0 0 0 Short -term debt 24 24 49 33 19 16 30 32 Net transfers on debt -359 -337 179 426 -399 -369 338 ·102 Total debt service paid (TDS) 662 667 704 742 849 837 852 969 Long-term debt 492 531 632 688 810 804 814 936 IMF repurchases and charges 145 112 23 21 20 16 8 1 Short-term debt (interest only) 24 24 49 33 19 16 30 32 NET RESOURCE FLOWS 257 176 994 1,317 642 531 1,310 1,569 Net flow of long-term debt (ex. IMF) 2 -35 481 633 122 -219 605 796 Foreign direct investment (net) 138 147 468 614 481 721 602 682 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop.) 117 64 45 70 38 29 104 90 Memo: technical coop. grants 33 51 32 37 46 39 36 44 NET TRANSFER.S -135 -245 496 733 ·112 -94 640 728 Interest on long-term debt 202 191 208 284 319 299 308 387 Profit remittances on FDI 189 230 290 301 434 326 362 454 Gross national income (GNI) 4,158 5,569 7,698 7,779 8,001 7,744 8,413 8,952 Exports of goods, servo & inc. (XGS) 2,461 4.123 4,571 4,510 4,573 5,010 5,634 5,943 Worker remit. & compo of employees 229 653 892 1,058 1,261 1,399 1,623 1,783 Imports of goods & services (MGS) 2,928 4,246 4,970 5,243 5,603 5,703 6,124 6,979 International reserves (RES) 168 681 1,054 1,901 1,645 1,195 1,846 2,170 Current account balance -312 -99 -367 -759 -1,074 -773 -509 -1,079 EDT/XGS (%) 193.1 110.9 103.2 119.2 120.0 112.6 114.2 109.6 EDT I GNI (%) 114.3 82.1 61.3 69.1 68.6 72,8 76.5 72.7 TDSI XGS (%) 26.9 16.2 15.4 16.5 18.6 16.7 15.1 16.3 INT/XGS(%) 10.6 5.6 5.7 7.1 7.4 6.3 6.0 7.0 INT I GNl (%) 6.3 4.2 3.4 4.1 4.2 4.1 4.0 4.7 RES I EDT (%) 3.5 14.9 22.3 35.4 30.0 21.2 28.7 33.3 RES I MGS (months) 0.7 1.9 2.5 4.4 3.5 2.5 3.6 3.7 Short-term I EDT (%) 7.3 10,8 16.8 17.3 14.2 17,5 17.0 9.4 Concessionall EDT ('Yo) 30.0 34.8 22.4 17.4 17.1 18.2 15.4 13.6 Multilateral I EDT (%) 24.7 27.0 25.8 22,6 25.4 24.9 22.1 20.3 207 JAMAICA (US$ million, unless otherwise indicated) 1995 2000 2003 2004 2005 DEBT OUTSTANDING (LDOD) 4,049 3,840 3,862 4,402 4,684 4,645 5,340 5,897 Public and publicly guaranteed 4,015 3,712 3,760 4,308 4,599 4,568 5,241 5,508 Official creditors 3,454 3,354 2,440 2,250 2,400 2,440 2.387 2,134 Multilateral 1,174 \,234 1,218 1,213 1,392 1,407 1,420 1,323 Concessional 180 148 155 144 157 192 203 210 Bilateml 2,280 2,120 1,222 1,038 1,008 1,033 967 811 Concessional 1,244 1,445 900 791 781 836 789 675 Pri vate creditors 561 358 1,320 2,058 2,199 2,129 2,854 3,374 of which: Bonds 0 25 1,004 1,810 1.943 1,821 2,524 3,043 Conunercial banks 331 269 265 191 188 239 274 290 Private nonguaranteed 34 128 103 94 86 77 98 390 Bonds 0 55 0 0 0 0 0 300 Commercial banks and other 34 73 103 94 86 77 98 90 Memo: lBRD 672 595 415 443 495 476 439 410 IDA 0 0 0 0 0 0 0 0 Public sedor LDOO 4,015 3,712 3,758 4,307 4,598 4,567 5,240 5,506 Private sector LOOD 34 128 104 96 87 78 100 391 DISBURSEMENTS 292 305 904 1,037 613 286 1,111 1,346 Public and publicly guaranteed 292 250 904 1,037 613 286 1,081 1,039 Official creditors 253 193 311 173 265 141 126 86 Multilateral 110 125 255 138 236 69 110 67 Concessional 9 10 18 5 15 27 16 31 Bilateral 144 68 57 35 29 72 16 19 Concessional 103 36 25 23 18 58 8 16 Private creditors 39 57 593 865 348 146 955 952 of which: Bonds 0 13 553 819 300 50 859 875 Commercial banks 0 42 24 31 32 84 96 75 Private nonguaranteed 0 55 0 0 0 30 307 Bonds Commercial banks and other 0 0 0 55 0 0 0 0 0 0 ° 0 0 0 30 300 7 Memo; lBRD 35 61 98 91 84 15 6 17 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 290 340 424 404 491 505 506 549 Public and publicly guaranteed 281 335 360 396 482 497 497 541 Official creditors 205 255 273 281 205 212 218 231 Multilateral 100 127 122 109 109 119 120 119 Concessional 8 10 10 15 8 8 10 13 Bilateral 105 129 151 172 96 93 98 113 Concessional 19 29 76 80 68 63 70 77 Private creditors 76 80 87 liS 277 284 279 309 of which: Bonds 0 0 13 0 230 226 218 256 Commercial banks 1 73 47 103 37 43 48 43 Private nongnaranteed 8 5 64 9 9 9 9 9 Bonds 0 0 55 0 0 0 0 0 Commercial banks and other 8 5 9 9 9 9 9 9 Memo: mRO 62 85 60 52 44 46 47 39 IDA 0 () 0 () 0 0 0 0 INTEREST PAYMENTS (LINT) 202 191 208 284 319 299 308 387 Public and publicly guaranteed 200 181 195 273 310 298 305 361 Official creditors 165 158 120 114 98 99 89 84 Multilateral 85 83 65 70 66 67 61 63 Concessional 5 3 3 5 4 4 5 6 Bilateral 79 75 55 43 32 32 28 21 Concessional 16 37 25 28 23 23 22 16 Private creditors 35 23 75 160 212 199 217 277 of which: Bonds 0 2 50 142 197 191 207 265 Commercial banks 20 19 18 14 10 6 8 11 Private nongnaranteed 3 11 13 10 10 1 3 26 Bonds 0 5 2 0 0 0 0 21 Commercial banks and other 3 6 11 10 10 1 3 5 Memo: mRD 58 47 22 22 21 20 18 19 IDA 0 0 0 0 0 0 0 0 208 JAMAICA (US$ million, unless olhe/wise indicated) 1990 1995 2000 2001 2002 Euro 13.5 14.8 13.3 21.8 18.0 Japanese yen 4.8 9.9 7.1 5.3 5.1 6.5 5.3 3.9 Pound sterling 5.8 4.1 2.0 1.8 1.8 2.3 2.0 1.5 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.s.dollars 49.9 47.5 61.6 65.9 66.2 66.5 62.0 69.5 Total amount rescheduled 469 105 0 0 0 0 0 0 Debt stock rescheduled 314 0 0 0 0 0 0 0 Principal rescheduled 99 85 0 0 0 0 0 0 Official 96 84 0 0 0 0 0 0 Private 3 I 0 0 0 0 0 0 Interest rescheduled 54 16 0 0 0 0 0 0 Official 54 16 0 0 0 0 0 0 Private I 0 0 0 0 0 0 0 Debt forgiven 0 0 4 3 3 9 5 1 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 24 0 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks -29 798 658 115 152 796 74 Net flows on debt -106 440 746 -59 -54 676 316 33 -91 -94 190 223 80 -230 ALL CREDITORS Interest (%) 7.6 5.8 9.1 9.8 7.1 6.6 9.5 7.7 Maturity (years) 17.8 l7.0 11.2 13.5 14.4 11.0 9.2 13.7 Grace peri ad (years) 4.2 3.8 4.6 10.2 8.9 3.2 7.8 10.2 Grant element (0/0) 14.1 23.8 6.6 0.4 14.8 15.1 2.8 14.3 Official creditors Interest (% ) 7.5 5.6 6.1 4.5 3.7 5.7 2.2 3.2 Maturity (years) 19.7 21.6 19.8 19.1 18.2 15.0 18.7 21.9 Grace period (years) 4.7 4.7 5.4 5.0 5.5 2.6 3.6 5.7 Grant element (0/0) 15.8 28.9 25.1 34.4 39.5 20.4 47.8 46.5 Private creditors Interest (%) 8.7 6.3 11.0 11.3 9.3 7.1 9.7 8.2 Maturity (years) 1.9 8.9 6.0 11.9 12.0 8.7 9.0 12.8 Grace period (years) 0.4 2.1 4.2 11.7 11.0 3.5 7.9 10.6 Grant element (%) 0.6 14.7 -4.6 -9.2 -0.7 11.9 1.6 10.7 TOTAL Principal 382 532 402 550 279 638 752 196 Interest 463 449 407 370 341 304 269 204 Official creditors Principal 246 233 236 225 204 178 158 147 Interest 99 91 82 72 63 54 47 40 Bilateral creditors Principal 103 87 82 72 65 61 56 46 Interest 27 23 20 17 14 12 10 8 Multilateral creditors Principal 143 146 154 152 139 117 102 101 Interest 72 67 62 55 49 42 37 32 Private creditors Principal 135 299 166 325 75 460 595 49 Interest 364 358 325 298 279 250 222 164 Notes: 209 JORDAN (US$ million, unless otherwise indicated) 1995 2000 ... j.$~f·DJmTt)~tJ.'A> TOTAL DEBT STOCKS (EDT) 8,333 7,661 7,355 7,534 8,108 8,337 8,066 7,696 I"ong·term debt (LDOD) 7,202 6,624 6,183 6,632 7,072 7,173 7,227 6,878 Public and publicly guaranteed 7.202 6.624 6,183 6,632 7,072 7,173 7,227 6,878 0 Private nonguaranteed Use of IMF credit Short-term debt ° 94 1,037 ° 251 785 ° 462 710 ° 433 469 ° 483 554 ° 421 743 0 338 501 236 582 of which interest arrears on LDOD 107 67 102 36 36 0 0 0 Official creditors 30 63 102 36 36 0 0 0 0 Private credi tors Memorandum items Principal arrears on LDOD 77 529 4 177 0 281 0 144 0 139 ° 20 0 23 17 Official creditors 34 175 274 142 138 18 22 17 Pri vale creditors 495 2 7 2 2 2 0 TOTAL DEBT FLOWS Disbursements 691 724 196 653 433 173 212 434 Long-term debt 691 609 176 614 340 173 212 434 IMF purchases 115 20 39 93 0 0 0 Principal repayments Long-term debt ° 252 242 337 329 424 393 401 349 390 311 978 878 526 428 418 341 llvlF repurchases 10 8 31 51 79 100 98 77 Net flows on debt 604 484 ·399 77 128 -580 ·556 97 of which short-term debt 165 97 -171 -175 85 225 -242 81 Interest payments (Il'i.... ) 377 263 315 262 199 180 178 198 Long-tenn debt 310 209 239 218 173 157 146 160 IMF charges 9 10 24 20 14 9 10 10 Short-term debt 58 43 52 24 13 14 22 27 Net transfers on debt 227 222 ·715 -185 -71 ·760 -734 ·101 Total debt service paid (TDS) 628 600 740 663 589 1,158 704 616 Long-term debt 552 538 632 567 484 1,035 574 502 IMF repurchases and charges 18 18 56 72 93 109 108 87 Short-tenn debt (interest only) 58 43 52 24 13 14 22 27 2:J\~RJi:~"TJ!:~~~CJ!;.",QWSAN~~l't~S~{OONC-:~){ .... NET RESOURCE FLOWS 1,159 513 967 600 454 837 829 2,226 Net t10w of long-term debt (ex, L1\1F) 449 280 -217 265 29 -706 -216 93 Foreign direct investment (net) 38 13 815 138 74 436 651 1,532 -145 -52 -58 -120 60 Portfolio equity flows Grants (excluding technical coop.) Memo: technical coop, grants 0 672 68 ° 219 160 -l7 386 120 342 133 403 156 1,164 114 513 109 541 126 NET TRANSFERS 849 303 727 380 281 678 682 2,064 Interest on long-tenn debt 310 209 239 218 173 157 146 160 Profit remittances on PDI 1 1 2 1 1 0 ° 2 ···'3~.~QRECONQ~t<;~OORl!1(J1\;l'~ Gross national income (GNI) 3,805 6,449 8,596 9,165 9,696 10,314 11,588 13,088 Exports of goods, serv. & inc. (XGS) 3,078 4.838 5,867 6,236 6,950 7,295 8,557 9.521 Worker remit. & comp, of employees 499 1,441 1,845 2ml 2,135 2,201 2,331 2,500 Imports of goods & services (MGS) 3,850 5,297 6.331 6,489 6,756 7,341 9,732 12,242 International reserves (RES) l,139 2,279 3,441 3,174 4,116 5,366 5.447 5,461 Current account balance -227 -259 59 -4 537 1,179 -18 -2,311 "'DEB,T~tC;\'tOR8 EDT/XGS (%) 270.8 158.3 125.4 120,8 116.7 114.3 94.3 80.8 EDT IGNI(%) 219,0 118.8 85,6 82.2 83.6 80.8 69.6 58.8 TDS I XGS (%) 20.4 12,4 12,6 10.6 8.5 15.9 8.2 65 INT I XGS (%) 12.2 5,4 5.4 4.2 2,9 2,5 2.1 2.1 !NT I GNI (%) 9.9 4,1 3.7 2,9 2,1 1.7 1.5 1.5 RES I EDT(%) 13.7 29,8 46,8 42.1 50,8 64,4 67.5 71.0 RES I MGS (months) 3.5 5,2 65 5.9 7.3 8,8 6,7 5,4 Short-term I EDT (%) 12,4 10.2 9.7 6.2 6,8 8.9 6,2 7.6 Concessionall EDT (% ) 29.8 41.4 48,\ 43,5 42.1 46,3 49.3 49,2 Multilateral! EDT (%) 10,6 15.5 23.2 24.2 24.8 24.3 24.3 24.8 210 JORDAN (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 7,202 6,624 6,183 6,632 7,072 7,173 7,227 6,878 Public and publicly guaranteed 7,202 6,624 6,183 6,632 7,072 7,173 7,227 6,878 Official creditors 3,551 4.583 5,190 5,778 6,253 6,821 6,915 6,438 Multilateral 887 1,185 1,706 1.824 2,012 2,027 1,958 1,905 Concessional 209 278 601 600 631 651 669 709 Bilateral 2,664 3,397 3,484 3,954 4,241 4,794 4,957 4,533 Concessional 2,276 2,892 2,935 2,675 2,783 3,214 3,305 3,074 Private creditors 3,651 2,041 993 855 819 352 312 440 of which: Bonds 263 801 636 548 536 68 57 190 Commercial banks 1,604 337 1 I 1 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: mRD 516 736 798 886 1,020 1,017 971 925 IDA 77 69 57 55 52 50 47 45 Public sector LDOD 7,202 6,624 6,148 6,600 7,043 7,149 7,214 6,790 Private sector LDOD 0 0 35 32 28 24 13 88 DISBURSEMENTS 691 609 176 614 340 173 212 434 Public and publicly guaranteed 691 609 176 614 340 173 212 434 Official creditors 376 609 176 614 340 173 184 269 Multilateral 142 259 80 280 255 114 112 161 Concessional 10 53 32 41 54 64 66 93 Bilateral 234 351 96 334 85 58 72 108 Concessiona1 223 336 53 256 57 54 72 107 Private creditors 315 0 0 0 0 0 28 165 of which: Bonds 0 0 0 0 0 0 0 145 Commercial banks 73 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: mRD 123 158 38 161 166 35 29 48 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 242 329 393 349 311 878 428 341 Public and publicly guaranteed 242 329 393 349 311 878 428 341 Official creditors 142 128 238 280 277 399 383 322 Multilateral 94 117 124 140 151 173 215 170 Concessional 12 21 27 38 46 59 51 53 Bilateral 48 11 114 140 126 226 168 152 Concessional 32 6 93 116 93 162 130 128 Private creditors 100 201 155 70 34 479 44 20 of which: Bonds 0 0 95 45 10 467 II 11 Commercial banks 69 135 19 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Conunercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 52 77 53 55 56 65 86 73 IDA 1 2 3 3 3 3 3 3 INTEREST PAYMENTS (LINT) 310 209 239 218 173 157 146 160 Public and publicly guaranteed 310 209 239 218 173 157 146 160 Official creditors 123 116 158 171 138 127 134 153 Multilateral 54 63 91 92 80 73 71 76 Concessional 6 6 23 24 25 25 26 28 Bilateral 69 53 67 79 58 53 63 77 Concessional 57 40 48 44 39 48 51 62 Private creditors 187 94 80 47 35 31 13 7 of which: Bonds 14 41 46 34 28 26 4 4 Commercial banks 67 32 1 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: mRD 37 48 53 50 39 32 25 33 IDA 1 1 0 0 0 0 0 0 211 JORDAN (US$ million, unless otherwise indicated) ]990 1995 2000 200] 2002 2003 2004 Euro 16.8 19.1 22.0 23.1 21.1 Japanese yen 5.8 25.6 27.5 21.7 21.4 23.1 22.6 20.1 Pound sterling 7.9 5.5 3.4 8.0 8.1 8.4 9.2 8.9 Swiss franc 0.8 0.5 0.4 0.5 0.5 1.2 1.2 I.l U,S.dollars 45.7 28.9 29.3 30.9 29.9 24.0 22.9 26.4 Total amount rescheduled 350 365 194 567 213 563 257 220 Debt stock rescheduled o o o 142 o o o o Principal rescheduled 350 269 90 252 113 254 134 135 Official 193 117 60 231 94 234 113 114 Private 157 152 29 21 19 20 21 20 Interest rescheduled o 97 62 172 100 176 96 85 Official o 53 45 138 69 126 86 77 Private o 44 17 34 30 51 10 8 Debt forgiven o 322 28 92 o 53 68 o Memo: interest forgiven o o o o o 4 o o Debt stock reduction o o 120 44 66 8 30 o of which debt o o 85 35 o o o o 179 574 229 -271 -370 77 128 -580 -556 97 -314 508 619 265 -545 ALL CREDITORS Interest (%) 4.5 4.7 4.8 2.2 2.3 2.1 3.9 2.9 Maturity (years) 19.9 21.8 19.5 21.3 15.6 21.6 18.6 23.6 Grace period (years) 6.5 8.4 6.4 3.4 4.8 6.2 9.6 6.0 Grant element (%) 39.0 38.0 35.1 47.7 45.1 54.1 42.4 50.4 Official creditors Interest (%) 3.9 4.7 4.8 2.2 2.1 2.2 2.5 2.9 Maturity (years) 21.8 21.8 19.5 21.3 16.0 21.1 20.9 23.6 Grace period (years) 7.4 8.4 6.4 3.4 4.9 6.3 6.1 6.0 Grant element (%) 44.4 38.0 35.1 47.7 46.7 53.3 51.1 50.4 Private creditors Interest(%) 8.9 0.0 0.0 0.0 4.5 1.0 5.3 0.0 Maturity (years) 7.0 0.0 0.0 0.0 10.3 30.0 16.2 0.0 Grace period (years) 1.0 0.0 0.0 0.0 3.8 5.0 13.2 0.0 Granl element (%) 2.8 0.0 0.0 0.0 25.7 68.3 33.2 0.0 :;i;',\ ;i1;;~~~;J~?i':~\;5f;'f~}:~,~:t ·.· .·. . ·.,\. :;\I~~~~Il~;~'~1~~~O~':Q.rt~~·,~~~~;!:;!·'1ii.. 2006 2007 2008 2009 2010 2011 2012 2013 TOTAL Principal 537 542 486 513 533 547 552 542 Interest 276 281 263 245 225 203 180 156 Official creditors Principal 496 500 464 490 510 525 530 522 Interest 252 259 243 227 208 187 165 143 Bilateral creditors Principal 300 305 263 281 298 316 328 330 Interest 158 168 157 148 137 125 1I2 99 Multilateral creditors Principal 196 195 201 209 212 209 203 191 Interest 94 91 86 79 71 62 53 44 Private creditors Principal 41 43 22 23 23 21 22 21 Interest 24 22 20 19 17 16 15 13 Notes: 212 KAZAKHSTAN (US$ million, unless otherwise indicated) 1990 1995 2000 200: 2002 2003 2004 2005 TOTAL DEBT STOCKS (EDT) 3,750 12,433 14,887 17,981 22,767 32,812 43,354 Long-term debt (LDOD) 2,937 11,472 13,545 16,139 19,954 28,872 35,334 Public and publicly guaranteed 2,834 3,623 3,450 3,210 3,469 3,233 2,184 Private non guaranteed 103 7,849 10.095 12,928 16,485 25,639 33,150 Use of IMF credit 432 Short-term debt of which interest arrears on LDOD 381 162 ° 961 0 0 1,342 0 ° 1,842 0 ° 2,813 0 ° 3,941 0 0 8,020 0 Official creditors 162 0 0 0 0 0 0 Pri vate creditors 0 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 0 0 0 0 0 0 0 Ofticial creditors 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 881 3,057 4,785 4,914 8,180 16,118 17,245 Long-term debt 740 3.057 4,785 4,914 8,180 16,118 17,245 IMF purchases 141 0 0 0 0 0 0 Principal repayments 105 2,595 2,623 3,388 4,509 7,868 11,450 Long-term debt 105 2,l53 2,623 3,388 4,509 7,868 11,450 IMF repurchases 0 442 0 0 0 0 0 Net flows on debt 868 1,057 2,543 2,026 4,643 9,378 9,874 of which short -term debt 93 595 381 500 971 1,128 4.079 Interest payments (INT) 130 775 731 719 794 907 1,730 Long-term debt 102 713 685 666 723 811 1,526 IMF charges 17 11 0 0 0 0 0 Short-term debt 10 51 46 53 70 96 204 Net transfers on debt 739 282 1,811 1,307 3,849 8,472 8,143 Total debt service paid (TOS) 235 3,371 3,354 4,107 5,302 8,774 13,181 Long-term debt 207 2,866 3,308 4,054 5,232 8,678 12,976 IMF repurchases and charges 17 453 0 0 0 0 0 Short-term debt (interest only) 10 51 46 53 70 96 204 NET RESOURCE FLOWS 1,610 2,249 5,080 4,176 5,853 12,420 8,005 Net flow of long-term debt (ex. IMF) 635 904 2,162 1,526 3,672 8,251 5,795 Foreign direct investment (net) 964 1,283 2,835 2,590 2.092 4,157 1,975 Portfolio equity flows 0 19 55 39 64 -13 170 Grants (excluding technical coop.) 11 44 28 21 25 24 66 Memo: technical coop. grants 55 73 81 102 82 120 95 NET TRANSFERS 1,434 491 3,254 2,503 3,698 9,262 1,849 Interest on long-term debt 102 713 685 666 723 811 1,526 Profit remittances on FDI 74 1,046 IJ42 1,007 1,432 2.347 4,630 Gross national income (GNI) 20.191 17.150 21,013 23,507 29.089 40,300 51,757 Exports of goods, servo & inc. (XGS) 6,020 10.544 10,494 11,908 15,239 23,088 31,284 Worker remit. & compo of employees 116 122 171 205 147 165 178 Imports of goods & services (MGS) 6,292 10,362 12.041 12,939 15,308 22,211 31,540 International reserves (RES) 1,660 2.099 2,506 3,141 4,962 9,277 7,070 Current account balance -213 366 ·1,390 -1,024 -273 335 -724 EDT/XGS (%) 62.3 117.9 141.9 151.0 149.4 142.1 138.6 EDT I GNI (%) 18.6 72.5 70.S 76.5 78.3 81.4 83.8 TDS/XGS (%) 3.9 32.0 32.0 34.5 34.8 38.0 42.1 INT I XGS (%) 2.2 7.4 7.0 6.0 5.2 3.9 5.5 INT I GNI (%) 0.6 4.5 3.5 3.1 2.7 2.2 3.3 RES I EDT(%) 44.3 16.9 16.8 17.5 21.8 28.3 16.3 RES I MGS (months) 3.2 2.4 2.5 2.9 3.9 5.0 2.7 Short ~term I EDT (% ) 10.2 7.7 9.0 10.2 12.4 12.0 18.5 Concessionall EDT (%) 2.7 3.3 2.6 2.7 3.3 3.0 2.1 Multilateral I EDT (%) 10.4 11.9 10.2 9.2 7.8 5.4 2.0 213 KAZAKHSTAN (US$ million, unless othelWise indicated) 1995 2000 DEBT OUTSTANDL"'G (LDOD) 2,937 11,472 13,545 16,139 19,954 28,872 35,334 Public and publicly guaranteed 2,834 3,623 3,450 3,210 3,469 3,233 2,184 Official creditors 2,293 2,239 2.156 2,299 2,620 2,761 1,787 Multilateral 392 1,482 1,512 1,647 1,775 1,772 876 Concessional 0 60 58 81 92 100 99 Bilateral 1,901 757 644 653 845 989 911 Concessional 100 356 336 412 663 884 832 Private creditors 541 1,384 1,294 911 849 472 396 of which: Bonds 0 1,000 1,000 650 650 350 350 Commercial banks 17 263 251 240 189 122 46 Private nonguaranteed 103 7,849 10,095 12,928 16,485 25,639 33,150 Bonds 0 100 100 400 1,125 4,500 7,550 Commercial banks and other 103 7,749 9,995 12,528 15,360 21,139 25,600 Memo: IDRD 295 1,057 1,070 1,178 1,265 1,275 599 IDA 0 0 0 0 0 0 0 Public sector LDOD 2,834 3,619 3,449 3,141 3,428 3,200 2,164 Private sector LDOD 103 7,852 10,097 12,997 16,526 25,672 33,170 DISBURSEMENTS 740 3,057 4,785 4,914 8,180 16,118 17,245 Public and publicly guaranteed 671 623 228 261 352 384 205 Official creditors 421 168 193 189 352 384 205 Multilateral 171 95 159 137 149 173 88 Concessional 0 5 3 16 6 5 9 Bilateral 250 73 34 52 204 211 117 Concessional 108 69 34 52 204 211 117 Pri vate creditors 249 455 35 72 0 0 0 of which: Bonds 0 350 0 0 0 0 0 Commercial banks 17 105 35 72 0 0 0 Private nonguaranteed 69 2,434 4,557 4,653 7,828 15,734 17,040 Bonds 0 0 LOO 300 725 3,475 3,050 Commercial banks and other 69 2,434 4,457 4,353 7,103 12,259 13,990 Memo: IDRD 107 50 114 92 71 60 37 IDA 0 0 0 0 0 0 0 PRINCIPAL REPA YMENTS 105 2,153 2,623 3,388 4,509 7,868 11,450 Public and publicly guaranteed 95 216 254 644 272 690 1,090 Official creditors 27 133 161 176 200 311 1,017 Multilateral 0 31 71 83 118 218 921 Concessional 0 0 0 1 1 1 2 Bilateral 27 102 90 93 82 93 97 Concessional 0 9 10 II 14 15 72 Private creditors 68 83 93 468 72 379 72 of which: Bonds 0 0 0 350 0 300 0 Commercial banks 0 30 37 91 58 69 72 Private nonguaranteed 11 1,937 2,369 2,744 4,237 7,177 10,360 Bonds () 0 100 0 () 100 0 Commercial banks and other 11 1,937 2,269 2,744 4,237 7,077 10,360 Memo: IDRD 0 20 47 56 75 87 658 IDA 0 0 0 0 0 () 0 INTEREST PAYMENTS (LINT) 102 713 685 666 723 811 1,526 Public and publicly guaranteed 100 235 245 229 195 187 146 Official creditors 59 124 111 104 105 96 102 Multilateral 15 82 78 77 73 70 73 Concessional 0 1 1 1 2 I 1 Bilateral 44 42 33 27 32 26 28 Concessional 2 10 II 11 19 17 22 Pri vate creditors 41 112 134 125 90 90 44 of which: Bonds () 90 109 109 80 80 39 Commercial banks 0 14 17 14 10 to 5 Private nonguaranteed 1 477 440 437 528 624 1,380 Bonds 0 Jl II 27 99 96 543 Commercial banks and other I 466 429 411 429 528 837 Memo: IDRD 14 62 53 51 48 44 54 IDA 0 0 0 0 0 0 () 214 KAZAKHSTAN (US$ million. unless otherwise indicated) 2000 2001 2002 2003 Euro 3.6 2.9 2.2 1.6 1.9 Japanese yen 8.9 13.8 12.8 14.3 18.6 24.6 32.5 Pound sterling 0.0 0.6 0.6 0.6 0.5 0.4 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U .S.dollars 6.9 61.2 63.7 59.7 56.8 50.4 54.0 Total amount rescheduled 0 0 152 0 0 0 0 Debt stock rescheduled 0 0 147 0 0 0 0 Principal rescheduled 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 Interest rescheduled 0 0 5 0 0 0 0 Official 0 0 5 0 0 0 0 Private 0 0 0 0 0 0 0 Debt forgiven 0 0 18 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 of which debt buyback 0 0 0 0 0 0 0 Total change in debt stocks 961 6,304 2,455 3,094 4,786 10,045 10,541 Net Hows on debt 868 1.057 2,543 2,026 4,643 9.378 9,874 -222 -162 -125 154 177 65 -176 ALL CREDITORS Interest (%) 5.5 8.3 3.8 4.9 1.9 1.8 4.6 Maturity (years) 13.4 13.2 16.8 6.7 22.1 24.6 16.8 Grace period (years) 4.3 6.5 4.3 3.2 6.7 5.1 5.3 Grant element (%) 22.4 14.6 36.3 20.3 56.0 58.8 33.4 Official creditors Interest (%) 5.5 3.0 3.8 3.2 1.9 1.8 4.6 Maturity (years) 14.3 27.6 17.3 5.1 22.1 24.6 16.8 Grace period (years) 4.5 8.4 4.4 5.1 6.7 5.1 5.3 Grant element (%) 23.8 55.2 37.0 25.8 56.0 58.8 33.4 Private creditors Interest (%) 6.4 11.0 3.0 5.2 0.0 0.0 0.0 Maturity (years) 5.9 6.0 8.2 7.0 0.0 0.0 0.0 Grace period 2.3 5.6 1.2 2.9 0.0 0.0 0.0 Grant element lOA -5.5 23.9 19.2 0.0 0.0 0.0 2006 2007 2008 2009 2010 2011 TOTAL Principal 5,809 5,082 4,682 5,109 3.778 2,698 2,2l! 2,286 Interest 990 868 723 861 626 462 376 307 Official creditors Principal 115 161 147 154 163 169 187 157 Interest 75 78 76 73 68 62 56 49 Bilateral creditors Principal 39 49 55 57 62 66 70 63 Interest 28 28 27 26 24 22 19 17 Multilateral creditors Principal 76 113 92 96 100 103 117 94 Interest 47 50 49 47 44 41 37 32 Private creditors Principal 5,694 4,920 4,535 4,955 3,616 2.529 2,024 2,128 Interest 915 790 647 788 558 399 320 257 Notes: Private nonguaranteed debt includes only registered private debt of National Bank of Kazakhstan. Short-term debt data have been revised from 2000 based on data from the National Bank of Kazakhstan. 215 KENYA (US$ million, unless otherwise indicated) 1995 2000 TOTAL DEBT STOCKS (EDT) 7,055 7,309 6,145 5,521 6,128 6,882 6,947 6,169 Long·term debt (LDOD) 5,639 6,302 5,220 4,820 5,294 5,861 6,109 5,520 Public and publicly guaranteed 4,759 5,857 5,045 4,711 5,245 5,837 6,099 5,520 Private nonguaranteed 880 445 175 109 49 24 10 0 Use of IMF credit 482 374 127 99 88 112 103 159 Short·term debt 934 634 798 602 746 909 735 491 of which interest arrears on LDOD 95 31 47 34 47 20 3 13 Official creditors 49 23 18 20 39 18 1 3 Private creditors 46 9 29 14 8 2 2 9 Memorandum items Principal arrears on LDOD 72 6 142 137 136 27 38 127 Official creditors 22 2 41 58 88 16 10 17 Pri vate creditors 50 4 101 79 48 II 29 110 TOTAL DEBT FLOWS Disbursements 777 677 382 204 385 542 244 259 Long-term debt 640 677 337 204 385 507 244 185 IMF purchases 136 0 44 0 0 35 0 74 Principal repayments 457 605 449 374 414 446 256 161 Long-term debt 352 566 407 350 396 426 242 154 IMF repurchases 105 39 42 24 18 20 14 7 Net flows on debt 613 78 ·27 ·352 101 286 ·169 ·156 of which short-teml debt 294 6 41 -182 130 190 -157 -254 Interest payments (INT) 333 299 142 110 116 133 85 74 Long-term debt 230 261 100 84 96 109 60 55 IMF charges 26 2 1 I 0 0 1 1 Short-term debt 78 36 41 26 19 24 24 18 Net transfers on debt 280 ·222 ·169 ·463 -14 153 -254 ·231 Total debt service paid (TDS) 791 904 591 484 530 579 341 236 Long-term debt 582 827 506 434 492 535 302 209 IMF repurchases and charges 131 41 43 24 19 20 15 8 Short-term debt (interest only) 78 36 41 26 19 24 24 18 NET RESOURCE FLOWS 1,322 392 238 131 254 484 423 544 Net flow of long-term debt (ex. IMp) 288 III -69 -146 -II 81 3 31 Foreign direct investment (net) 57 32 111 5 28 82 46 21 Portfolio equity flows 0 6 -6 2 3 I 3 3 Grants (excluding technical coop.) 977 242 202 269 234 321 371 489 Memo: technical coop. grants 207 221 136 136 166 173 214 206 NET TRANSFERS 960 39 109 -1 83 342 332 454 interest on long-term debt 230 261 100 84 96 109 60 55 Profit remittances on FDI 132 91 29 48 76 33 31 35 Gross national income (GNI) 8,224 8,726 12,575 12,839 12,793 14.470 16,069 18,621 Exports of goods, servo & inc. (XGS) 2,233 2,974 2,821 3,108 3,308 3,735 4,482 5,399 Worker remit. & compo of employees 139 298 538 517 395 494 371 524 Imports of goods & services (MGS) 3,128 3,892 3,941 4,216 4,046 4,394 5,461 6,722 international reserves (RES) 236 384 898 1,065 1.068 1,482 1,520 1,799 Current account balance -527 -400 -199 -320 -118 146 -353 -495 EDT I XGS (%) 315,9 245.8 217.9 177.6 185.2 184.2 155.0 114.3 EDT/GNI(%) 85.8 83.8 48.9 43.0 47.9 47.6 43.2 33.1 TDSIXGS (%) 35.4 30.4 20.9 15.6 16.0 15.5 7,6 4.4 INT I XOS (%) 14.9 10,1 5.0 3.5 3,5 3.6 1.9 1.4 INT / ONI (%) 4.1 3.4 Ll 0.9 0,9 0.9 0,5 0.4 RES I EDT (%) 3.3 5.3 14.6 19.3 17.4 21.5 21.9 29.2 RES I MGS (months) 0.9 1.2 2.7 3.0 3,2 4.0 3.3 3.2 Short-term I EDT (%) 13.2 8.7 13.0 10.9 12.2 13.2 10.6 8.0 Concessionall EDT (% ) 33.7 52.7 66,7 74.2 75,7 74,1 77.6 79.4 Multilateral I EDT (%) 35.3 39.7 46.1 50.0 48.3 47.8 50,3 51.9 216 KENYA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 5,639 6,302 5,220 4,820 5,294 5,861 6,109 5,520 Public and publicly guaranteed 4,759 5,857 5,045 4,711 5,245 5,837 6,099 5,520 Official creditors 3,712 5,212 4,563 4,402 4,929 5.430 5,724 5,148 Multilateral 2,492 2,903 2,836 2,763 2,961 3,288 3,497 3,204 Concessional 1,395 2,248 2,596 2,591 2,802 3.127 3,330 3,090 Bilateral 1,220 2,309 1,728 1,639 1,969 2,142 2,227 1,944 Concessional 983 1.606 1,500 1.504 1,839 1,976 2,063 1,81 I Private creditors 1,047 645 482 309 315 407 375 372 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 880 510 436 276 283 316 292 301 Private nonguaranteed 880 445 175 109 49 24 10 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 880 445 175 109 49 24 10 0 Memo: IBRD 871 435 47 23 13 6 1 0 IDA 1,185 1,977 2,262 2,263 2,447 2,736 2,882 2,663 Public sector LDOD 4,759 5,857 5,045 4,71l 5,245 5,837 6,099 5,520 Private sector LDOD 880 445 175 109 49 24 10 0 DISBURSEMENTS 640 677 337 204 385 507 244 185 Public and publicly guaranteed 585 677 337 204 385 507 244 185 Official creditors 404 545 252 199 250 233 203 157 Multilateral 297 219 196 127 72 150 148 65 Concessional 264 181 184 125 70 129 126 63 Bilateral 106 326 56 72 179 83 55 91 Concessional 105 326 56 45 179 83 55 91 Private creditors 182 132 85 5 135 274 42 28 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 119 72 77 0 131 169 42 28 Private nonguaranteed 55 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 55 0 0 0 0 0 0 0 Memo: IBRD 3 0 0 0 0 0 0 0 IDA 234 159 170 116 66 122 78 34 PRINCIPAL REPAYMENTS 352 566 407 350 396 426 242 154 Public and publicly guaranteed 315 481 362 284 336 401 228 144 Official creditors 180 271 241 201 194 263 151 118 Multilateral 127 150 112 94 81 102 90 88 Concessional 9 18 36 41 49 59 62 64 Bilateral 53 120 129 107 113 160 61 30 Concessional 25 51 40 39 89 138 43 26 Private creditors 135 2\0 121 83 141 139 77 26 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banb 114 164 \08 75 138 131 68 24 Private nonguaranteed 37 85 45 66 60 25 14 10 Bonds () 0 0 0 0 0 0 0 Commercial banks and other 37 85 45 66 60 25 14 10 Memo: IBRD 95 100 40 22 12 8 5 1 IDA 4 9 29 35 42 48 52 54 INTEREST PAYMENTS (LINT) 230 261 100 84 96 109 60 55 Public and publicly guaranteed 193 220 81 70 88 108 59 55 Official creditors \34 167 55 53 65 85 51 48 Multilateral 100 77 38 30 29 35 33 33 Concessional 9 17 20 18 21 23 25 27 Bilateral 34 89 17 22 35 50 18 15 Concessional 14 42 \0 17 30 46 14 13 Private creditors 59 53 27 18 23 23 8 7 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 52 45 23 IS 21 21 6 7 Private nonguaranteed 38 41 19 13 8 1 1 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 38 41 19 \3 8 I I 0 Memo: IBRD 78 43 7 3 I I 0 0 IDA 7 14 16 16 17 19 22 23 217 KENYA (US$ million, unless otherwise indicated) 1990 1995 2003 Euro 13,3 13.9 15.3 16.5 15, I Japanese yen 8.4 18,6 20,1 19.0 21.5 20.3 19.5 18.7 Pound sterling 8.7 3,S 2,5 1.9 1.4 O.S 0.6 0.6 Swiss franc 3.4 4,2 1.4 0,8 0.4 0.2 0,2 0.1 U,S,dollars 30,9 35,8 49,7 51.9 50.2 51.3 50,8 52,7 7. DEBT RESTRUCTUlUNGS Total amount rescheduled 0 0 122 114 9 10 153 127 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 0 83 91 0 9 125 93 Official 0 0 79 83 0 0 124 90 Private 0 5 9 0 9 2 3 Interest rescheduled Official ° 0 0 0 0 27 26 15 13 0 0 I 0 20 18 32 31 Private 0 0 I 2 0 1 2 I Debt forgiven 84 to 0 0 I 19 1 Memo: interest forgiven Debt stock reduction 13 0 ° 0 0 0 0 0 0 0 0 0 3 0 2 0 of which debt 0 0 ° 0 0 0 0 0 0 $~DEBT.S'l'OCl.-FI,OW RECQNClLIA~ION'" Total change in debt stocks U66 185 -330 -624 607 754 65 -778 Net tlows on debt 613 78 -27 -352 tOl 286 -169 -156 89 -253 -302 -267 388 516 232 -505 9. A'\lll:RAQETERMS OF NEWCO~NTS ALL CREDITORS Interest (%) 4,3 2,9 Ll 3.5 3.4 2.0 0.8 1.3 Maturity (years) 24.9 25.9 38,6 23,5 10,2 24,8 38.4 35.6 Grace peliod (years) 7.4 6,8 9.9 5.4 2,0 5.5 9.5 8.3 Grant element (%) 44,6 49,3 76.2 45,6 24.3 52,8 76.4 70.0 Official creditors Interest (%) 3,1 2.1 1.1 1.9 0.9 1.7 0,8 1.3 Maturity (years) 29.6 35.7 39,0 34.1 31.0 30.5 40,1 35,6 Grace period (years) 8,4 9,8 10.0 8,7 8,0 7.1 10,0 8,3 Grant element (%) 56.7 66.8 77.1 67.7 69,6 63.4 78,7 70.0 Private creditors Interest (%) 7.4 4,8 7.5 4,9 4,1 3.0 0.0 0,0 Maturity (years) 12.8 5.2 5,9 13.4 3.6 6,8 10.5 0.0 Grace period (years) 4,9 0,6 1.4 2,2 0.2 0.3 0,5 0,0 Grant element (% ) 13.2 12.4 6.7 24.8 10.0 19.4 38.3 0,0 "0. c()lff~crol\tQB'Ł.Gl\TfONS ON Otrm'A~~~~:r.~fD$T., 2006 2007 2008 2009 2010 2011 TOTAL Prineipal 283 278 272 243 253 279 286 284 Interest 89 85 80 74 70 67 61 56 Official creditors Principal 229 234 240 216 231 261 268 266 Interest 78 76 72 68 64 62 58 53 Bilateral creditors Principal 131 135 140 117 121 142 142 135 Interest 47 46 43 40 37 35 32 28 Multilateral creditors Principal 98 99 100 99 110 119 127 131 Interest 31 30 29 28 28 27 26 25 Private creditors Prineipal 55 44 32 27 22 18 18 18 Interest 12 9 8 6 5 4 3 2 Notes: 218 KYRGYZ REPUBLIC (US$ million. unless otherwise indicated) 1995 2000 ·~.S~:R\'Il~TI>AT~. TOTAL DEBT STOCKS (EDT) 609 1,827 1,717 1,851 2,024 2,107 2,032 Long-term debt (LDOD) 472 1,510 1,490 1,647 1,783 1,893 1,830 Public and publicly guaranteed 472 1,220 1,257 1,397 1.585 1,742 1,670 Pri vate non guaranteed 0 290 234 250 199 150 161 Use of IMF credit 124 188 179 185 202 207 178 Short·term debt 13 129 48 19 39 7 24 of which interest arrears on LDOD II 10 3 10 3 3 3 Official creditors II 9 3 I I 3 3 Private creditors 0 I 0 8 1 0 0 Memorandnm items Principal arrears on LDOD tI 28 2 10 4 12 6 Official creditors II 25 1 4 3 7 6 Private creditors 0 3 I 6 1 6 0 TOTAL DEBT FLOWS Disbursements 201 180 139 156 142 156 151 Long-term debt 155 161 124 141 112 127 133 IMF purchases 46 J9 15 15 30 28 18 Principal repayments 36 97 128 99 134 131 104 Long-term debt 36 86 IlJ 76 102 99 74 IMF repurchases 0 11 17 24 32 32 31 Net flows on debt 165 152 ·64 22 35 ·8 63 of which short -term debt 0 69 -75 -35 27 -32 17 Interest payments (INT) 24 76 49 30 29 30 23 Long-term debt 20 69 44 27 27 28 21 IMF charges 4 2 2 1 1 1 I Short -term debt 0 5 3 1 I 0 0 ]'!let transfers on debt 141 76 -113 -8 6 -37 41 Total debt service paid (TDS) 60 173 177 129 163 161 127 Long-term debt 56 155 155 103 129 127 95 IMF repurchases and charges 4 14 19 25 33 33 32 Short-term debt (interest only) 0 5 3 1 1 0 0 NET RESOURCE FLOWS 269 117 53 111 102 255 216 Net flow oflong-term debt (ex. IMP) J 19 75 13 65 10 28 59 Foreign direct investment (net) 96 -2 5 5 46 175 43 Portfolio equity flows 0 0 0 0 0 0 0 Grants (excluding technical coop.) 54 44 35 41 46 51 114 Memo: technical coop. grants 29 38 41 72 68 III 93 NET TRANSFERS 249 10 -17 64 48 169 160 Interest on long-tcnn debt 20 69 44 27 27 28 21 Profit remittances on PDI 0 37 26 20 27 58 34 Gross national income (GNI) 1,626 1,286 1,462 1,548 1,857 2,121 2,360 Exports of goods, servo & inc. (XGS) 453 592 580 677 824 1,133 1,272 Worker remit. & compo of employees I 9 11 37 78 189 322 Imports of goods & services (MOS) 765 753 645 784 951 1,238 1,494 International reserves (RES) 134 262 287 317 399 565 612 Current account balance -235 -76 -19 -49 -85 -76 -203 EDT/XGS (%) 134.5 308.6 296.1 273.5 245.6 185.9 159.8 EDT I GNI (%) 37.5 142.1 117.5 119.5 109.0 99.3 86.1 l1)S I XGS (%) 13.2 29.3 30.5 19.0 19.8 14.2 10.0 INT I XGS (%) 5.2 12.8 8.4 4.4 3.5 2.6 1.8 INT IGNI (%) 1.4 5.9 3.3 1.9 1.5 1.4 1.0 RES I EDT (%J 21.9 14.3 16.7 17.1 19.7 26.8 30.1 RES I MOS (months) 2.1 4,2 5.3 4.9 5.0 5.5 4.9 Short-term I EDT (%) 2.1 7.1 2.8 LO 1.9 0.4 1.2 Concessional! EDT (%) 60.2 48.1 56.6 62,5 68.J 74.4 80.7 Multilateral I EDT (%) 30.3 39.5 44.9 47.9 50.2 53.8 54.1 219 KYRGYZ REPUBLIC (US$ million. unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 472 1,510 1,490 1,647 1,783 1,893 1,830 Public and publicly guaranteed 472 1,220 1,257 1,397 1,585 1,742 1,670 Official creditors 472 1,184 1,222 1,388 1,576 1,736 1,670 Multilateral 184 722 770 886 1,016 1,134 1,099 Conccssional 174 647 702 826 967 1,094 1,068 Bilateral 288 461 452 501 560 602 571 Concessional 193 233 269 330 411 473 57l Private creditors 0 37 3S 10 8 6 0 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 28 23 0 0 0 0 Private nonguaranteed 0 290 234 250 199 150 161 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 290 234 250 199 ISO 161 Memo: mRD 0 0 0 0 0 0 0 IDA 141 377 389 454 530 579 565 Public sector LDOD 472 1,220 1,257 1,397 1,585 1,742 1,670 Private sector LooD 0 290 234 250 199 150 161 DISBURSEMENTS 155 161 124 141 112 127 133 Public and publicly guaranteed 155 153 115 80 80 95 76 Official creditors 155 149 113 80 80 95 76 Multilateral 124 107 92 67 65 85 70 Concessional 115 97 91 67 65 85 70 Bilateral 31 42 20 13 15 10 6 Concessional 26 42 20 13 15 10 6 Private creditors 0 4 2 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 Private nonguaranteed 0 8 10 61 32 32 57 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 8 10 61 32 32 57 Memo: IBRD 0 0 0 0 0 0 0 IDA 81 52 27 33 32 25 34 PRINCIPAL REPAYMENTS 36 86 111 76 102 99 74 Public and publicly guaranteed 36 17 30 33 16 13 16 Official creditors 36 13 22 9 16 13 16 Multilateral 30 8 8 9 13 12 16 Concessional 0 0 0 0 1 4 7 Bilateral 6 5 13 0 3 0 0 Concessional 0 I I 0 0 0 0 Pri vate creditors 0 4 8 24 0 0 0 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 2 5 23 0 0 0 Private nonguaranteed 0 69 82 43 86 86 57 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 69 82 43 86 86 57 Memo: IBRD 0 0 0 0 0 0 0 IDA 0 0 0 0 I 2 4 INTEREST PAYMENTS (LINT) 20 69 44 27 27 28 21 Public and publicly guaranteed 20 23 21 13 12 13 12 Official creditors 20 20 18 13 12 13 12 Multilateral 3 11 11 10 10 11 12 Concessional I 5 6 7 8 9 10 Bilateral 17 10 8 3 2 2 0 Concessional 11 6 4 1 1 2 0 Private creditors 0 2 2 1 0 0 0 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 2 2 0 0 0 0 Private nonguaranteed 0 47 23 14 15 15 9 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 47 23 14 15 15 9 Memo: IBRD 0 0 0 0 0 0 0 IDA I 3 3 3 4 5 5 220 KYRGYZ REPUBLIC (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 Euro 2.2 2.5 3.1 3.3 3.1 Japanese yen 14.3 15.0 13.6 14.1 14.6 14,3 13.4 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 1.3 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 51.4 67.9 69.8 68.7 67.7 68.1 69.3 Total amount rescheduled 0 32 108 25 42 46 525 Debt stock rescheduled 0 0 45 0 0 0 487 Principal rescheduled 0 22 49 14 28 30 29 Official 0 22 49 12 26 27 29 Private 0 0 0 2 2 2 0 Interest rescheduled 0 1 13 11 12 10 6 Official 0 1 13 11 12 9 5 Private 0 0 0 0 0 0 I Debt forgiven 0 0 0 0 0 0 II Memo: interest forgiven 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 6 of which debt 0 0 0 0 0 0 0 Total change in debt stocks 163 92 -110 133 173 83 -75 Net flows on debt 165 152 -64 22 35 -8 63 valuation -24 -67 -68 96 125 67 -141 ALL CREDITORS Interest (%) 3.7 1.0 1.3 1.2 1.2 1.2 1.1 Maturity (years) 28.9 35.8 28.2 31.4 34.2 34.4 35.0 Grace period (years) 8.1 9.5 9.0 8.4 8.8 8.8 9.0 Grant element (%) 50.4 76.4 68.7 70.9 71.8 73.6 74.3 Official creditors Interest (%) 3.7 1.0 1.3 1.2 1.2 1.2 1.1 Maturity (years) 28.9 35.8 28.4 31.4 34.2 34.4 35.0 Grace period (years) 8.1 9.5 9.1 8.4 8.8 8.8 9.0 Grant element (%) 50.4 76.4 69.1 70.9 71.8 73.6 74.3 Private creditors Interest (%) 0.0 0.0 3.0 0.0 0.0 0.0 0.0 Maturity (years) 0.0 0.0 8.4 0.0 0.0 0.0 0.0 Grace period 0.0 0.0 2.9 0.0 0.0 0.0 0.0 Grant element 0.0 0.0 28.4 0.0 0.0 0.0 0.0 TOTAL Principal 49 52 60 60 105 54 87 54 Interest 28 29 30 29 28 27 25 24 Official creditors Principal 23 29 43 53 51 52 54 54 Interest 24 26 27 28 27 26 25 24 Bilateral creditors Principal 3 5 9 IS 14 14 14 15 Interest 11 11 11 11 10 10 10 9 Multilateral creditors Principal 20 25 34 38 37 38 39 40 Interest 14 IS 17 17 16 16 15 15 Private creditors Principal 26 23 16 7 54 2 33 0 Interest 3 3 3 2 I 0 0 Notes: Rescheduling: Data include the effects of the Paris Club debt restructuring agreement signed on March 11, 2005. 221 LAO PEOPLE'S DEMOCRATIC REPUBLIC (llS$ million, unless otherwise indicated) 1995 2000 l~~V.T~A't,\ TOTAL DEBT STOCKS (EDT) 1,768 2,165 2,502 2,495 2,949 2.197 2,524 2,690 Long-term debt (LDOD) 1,757 2,091 2,453 2,456 2,904 2,152 2,480 2,656 Public and publicly guaranteed 1,757 2,091 2,453 2,456 2,620 1.895 2,037 1,971 Private nonguaranteed 0 0 0 0 284 257 444 685 Use of IMF credit 8 64 42 37 43 44 38 29 Short-term debt 2 10 7 1 1 1 5 5 of which interest arrears on LDOD 0 0 0 0 0 0 0 0 Official creditors 0 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD I 0 I 0 0 0 0 0 Official creditors I 0 I 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 152 110 82 107 253 384 239 383 Long-term debt 152 92 82 101 241 378 239 383 IMF purchases 0 18 0 6 12 6 0 0 Principal repayments 6 19 31 33 54 65 80 82 Long-term debt 5 17 23 24 45 56 72 76 IMF repurchases 1 2 8 9 9 9 8 6 Net flows on debt 147 90 55 68 198 319 163 301 of which short-term debt I -\ 4 -6 0 0 4 0 Interest payments (INT) 3 7 10 10 30 35 41 90 Long-term debt 3 6 9 10 30 35 41 89 IMF charges 0 0 0 0 0 0 0 0 Short -term debt 0 I 0 0 0 0 0 0 Net transfers on debt 144 83 45 58 168 284 122 211 Total debt service paid (TDS) 9 26 41 44 84 100 121 172 Long-term debt 8 23 32 34 75 91 113 165 IMF repurchases and charges 1 2 8 10 9 9 8 6 Short-term debt (interest only) I 0 0 0 0 0 0 ° NET RESOURCE FLOWS 199 299 228 194 336 464 296 452 Net flow of long-term debt (ex, IMF) 146 75 59 77 196 322 166 307 Foreign direct investment (net) 6 95 34 24 25 19 17 28 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop,) 47 130 135 93 115 123 113 117 Memo: technical coop, grants 30 75 74 78 82 80 78 82 NET TRANSFERS 196 288 218 184 306 429 255 363 Interest on long-term debt 3 6 9 10 30 35 41 89 Profit remittances on POI 6 0 0 0 0 0 ° ° Gross national income (GNI) 866 1,758 1,660 1,694 1,749 2,025 2,403 2,603 Exports of goods, serv, & inc. (XGS) 105 415 513 483 Worker remiL & comp. of employees II 22 1 1 Imports of goods & services (MGS) 215 761 638 599 International reserves (RES) 8 99 144 151 216 257 275 309 Current account balance -55 -237 -8 -82 EDT/XGS (%) 1,690.3 521.5 487.5 516.4 EDT I GNI (%) 204.3 123,2 150,8 147,2 168,6 108,5 105,0 103.3 TDS/XGS (%) 8.7 6.3 7.9 9,0 INT I XGS (%) 2.9 1.6 1.9 2,1 INT/GNI(%) 0.4 0.4 0.6 0,6 1.7 1.7 1.7 3.4 RES/EDT(%) 0,5 4,6 5,7 6,0 7,3 11.7 10,9 11.5 RES I MGS (months) 0,5 1.6 2,7 3,0 Short-term! EDT (%) 0'\ 0.5 0.3 0,0 0,0 0,0 0,2 0,2 Concessional! EDT (%) 99.1 96.4 98.0 98.4 88.8 86,3 80.7 72.8 Multilateral! EDT (%) 15. I 28,7 41.6 42,0 41.5 65,2 62.0 56.4 222 LAO PEOPLE'S DEMOCRATIC REPUBLIC (US$ million, unless otherwise indicatedj 1995 2000 2001 DEBT OUTSTANDING (LDOD) 1,757 2,091 2,453 2,456 2,904 2,152 2,480 2,656 Public and publicly guaranteed 1,757 2,091 2,453 2,456 2,620 1,895 2,037 1,971 Official creditors 1,757 2,091 2,453 2,456 2,620 1,895 2,037 1,971 Multilateral 266 620 1,041 1,049 J,223 1,432 1,564 1.516 Concessional 266 620 1,041 1,049 1,223 1,432 1,564 1,505 Bilateral 1,491 1,471 1.412 1,407 1,397 463 473 454 Concessional 1,485 1,466 1,410 1,406 1,397 463 473 454 Private creditors 0 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 284 257 444 685 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 284 257 444 685 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 131 285 403 415 473 561 616 598 Public sector LDOD 1.757 2,091 2,453 2,456 2,620 1,895 2,037 1,971 Private sector LDOD 0 0 0 0 284 257 444 685 DISBURSEMENTS 152 92 82 101 241 378 239 383 Public and publicly guaranteed 152 92 82 101 85 104 85 113 Official creditors 152 92 82 101 85 104 85 113 Multilateral 78 92 73 88 85 104 85 113 Concessional 78 92 73 88 85 104 85 102 Bilateral 74 0 8 13 0 0 0 0 Concessional 74 0 8 13 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 156 274 154 270 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 156 274 154 270 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 32 28 20 31 33 48 37 35 PRINCIPAL REPAYMENTS 5 17 23 24 45 56 72 76 Public and publicly guaranteed 5 17 23 24 25 29 31 35 Official creditors 5 17 23 24 25 29 31 35 Multilateral 3 4 9 11 12 16 20 22 Concessional 3 4 9 11 12 16 20 22 Bilateral 3 14 14 13 13 13 II 13 Concessional 2 13 13 12 12 12 1l 13 Private creditors 0 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Corrunercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 20 27 41 41 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 20 27 41 41 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 0 1 4 4 6 7 8 9 INTEREST PAYMENTS (LINT) 3 6 9 10 30 35 41 89 Public and publicly guaranteed 3 6 9 10 10 12 14 14 Official creditors 3 6 9 10 10 12 14 14 Multilateral 2 5 9 9 10 11 13 14 Concessional 2 5 9 9 10 11 13 14 Bilateral 1 1 1 0 0 0 0 0 Concessional 1 I 0 0 0 0 0 0 Pri vale creditors 0 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nongnaranteed 0 0 0 0 20 23 27 75 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 20 23 27 75 Memo: IBRD 0 0 0 0 0 0 0 0 IDA I 2 3 3 3 4 5 5 223 LAO PEOPLE'S DEMOCRATIC REPUBLIC (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 0,0 0,0 0,0 0,0 0.0 Japanese yen 1.5 1.1 1.2 1.5 1.4 2.1 1.9 1.7 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 7.1 13.1 17.4 19.1 21.9 38.1 40.7 42.8 Total amount rescheduled 0 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 905 0 0 of which debt buyback 0 0 0 0 0 0 0 0 Total change in debt stocks 296 85 -25 -8 454 -752 327 167 Net flows on debt 147 90 55 68 198 319 163 301 141 -31 -73 -70 100 135 68 -145 ALL CREDITORS Interest (%) 0.9 2.5 1.4 1.2 0.8 1.3 1.1 1.7 Maturity (years) 39.9 37.1 31.6 32.9 39.6 32.0 35.6 22.4 Grace period (years) 10.0 9.7 8.1 8.8 10.1 8.4 9.1 6.1 Grant element (%) 79.0 62.0 69.9 72.4 80.5 71.0 75.2 56.5 Official creditors Interest (%) 0.9 2.5 1.4 1.2 0.8 1.3 1.1 1.7 Maturity (years) 39.9 37.1 31.6 32.9 39.6 32.0 35.6 22.4 Grace period (years) 10.0 9.7 8.1 8.8 10.1 8.4 9.1 6.1 Grant element (%) 79.0 62.0 69.9 72.4 80.5 71.0 75.2 56.5 Private creditors Interest (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2006 2007 2008 2009 2010 TOTAL Principal 208 210 162 172 233 80 83 86 Interest 88 104 106 81 100 22 22 21 Official creditors Principal 49 53 61 66 71 80 83 86 Interest 18 21 22 22 22 22 22 21 Bilateral creditors Principal 23 23 23 23 23 23 23 23 Interest 0 0 0 0 0 0 0 0 Multilateral creditors Principal 26 30 39 44 49 57 61 64 Interest 18 21 22 22 22 22 21 21 Private creditors Principal 159 157 101 106 162 0 0 0 Interest 70 82 84 59 78 0 0 0 Noles: Data on long-term public and publicly guaranteed debt for 2005 are World Bank staff estimates and based on reports provided by the country and include both convertible and nonconvertible currency obligations. 224 LATVIA (US$ million, unless otherwise indicated) 1995 2000 2001 2002 2004 2005 TOTAL DEBT STOCKS (EDT) 463 4,855 5,293 6,808 8,803 12,654 14,283 Long-term debt (LDOD) 271 1,979 2,234 2,630 3,166 5,001 6,791 Public and publicly guaranteed 271 827 978 1,124 1,238 1,580 1,318 Private nonguaranteed 0 1,151 1,256 1,507 1.928 3,421 5,473 Use of IMF credit 160 35 24 16 6 0 0 Short·term debt 31 2,842 3,035 4,163 5,632 7,653 7,493 of which interest arrears on LDOD 0 0 0 0 0 0 0 Official creditors 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 0 0 0 0 0 0 0 Official creditors 0 0 0 0 0 0 0 Pri vale creditors 0 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 75 410 960 580 900 2,425 4,968 Long-term debt 75 410 960 580 900 2,425 4,968 IMF purchases 0 0 0 0 0 0 0 Principal repayments 10 330 645 490 752 1,055 2,564 Long-term debt 7 319 635 480 741 1,049 2,564 IMF repurchases 3 10 10 10 11 6 0 Net flows on debt 90 848 508 1,218 1,393 3,392 2,243 of which short-term debt 25 767 193 1,128 1,245 2,022 -161 Interest payments (INT) 24 270 199 160 182 316 539 Long-term debt 14 107 92 95 122 117 160 IMFcharges 9 2 1 I 0 0 0 Short -term debt 1 161 106 64 60 199 379 Net transfers on debt 66 578 309 1,058 1,211 3,076 1,704 Total debt service paid (TDS) 34 599 845 650 934 1,371 3,103 Long-term debt 21 426 727 575 863 1,166 2,724 IMF repurchases and charges 12 12 11 10 11 6 0 ShOit-term debt (interest only) I 161 106 64 60 199 379 NET RESOURCE FLOWS 272 564 537 445 600 2,185 3,161 Net flow of long-term debt (ex.IMF) 68 91 324 100 159 1,376 2,404 Foreign direct investment (net) 180 413 132 254 304 638 730 Portfolio equity flows 0 -7 1 23 39 23 27 Grants (excluding technical coop.) 24 68 80 68 99 148 0 Memo: technical coop. grants 38 15 13 10 15 15 0 NET TRANSFERS 257 365 347 245 267 1,527 2,369 Interest on long-term debt 14 107 92 95 122 117 160 Profit remittances on FDI 0 92 98 105 211 541 632 Gross national income (GNI) 5,256 7,852 8,370 9,367 IIJ72 13,463 15,650 Exports of goods, servo & inc. (XGS) 2,159 3,447 3,702 4,074 5,046 6,502 8,296 Worker remit. & compo of employees 0 72 112 138 173 230 381 Imports of goods & services (MGS) 2,246 4,010 4,470 4,960 6,495 8,968 10,893 International reserves (RES) 602 919 1,217 1,327 1,536 2,021 2,360 Current account balance -16 -371 -626 -625 -921 -1,774 -2,002 EDT/XGS(%) 21.4 140.8 143.0 167.1 174.5 194.6 172.2 EDT IGNI(%) 8.8 61.8 63.2 72.7 78.8 94.0 91.3 TDS/XGS (%) 1.6 17.4 22.8 16.0 18.5 21.1 37.4 INT / XGS ('Yo) 1.1 7.8 5.4 3.9 3.6 4.9 6.5 !NT I GNI (%) 0.5 3.4 2.4 1.7 1.6 2.3 3.4 RES I EDT (%) 130.1 18.9 23.0 19.5 17.5 16.0 16.5 RES / MGS (months) 3.2 2.8 3.3 3.2 2.8 2,7 2.6 Short-term I EDT (%) 6.7 58.5 57.3 6l.1 64.0 60.5 52.5 Concessionall EDT (%) 12.7 1.0 0.8 0.9 0,9 0.7 0.4 Multilateral I EDT (%) 30,1 11,2 10.2 8.9 7.3 3.2 2.2 225 LATVIA (USS million, unless otherwise indicated) DEBT OUTSTANDING (LDOD) 271 1,979 2,234 2,630 3,166 5,001 6,791 Public and publicly guaranteed 27] 827 978 1,124 1,238 1,580 1,318 Official creditors 200 591 582 660 687 446 338 Multilateral 139 543 539 606 640 400 311 Concessional 0 0 0 11 29 38 36 Bilateral 61 49 43 54 47 46 27 Concessional 59 48 42 53 47 46 27 Private creditors 71 236 397 464 551 1,134 980 of which: Bonds 39 209 375 446 537 1,124 973 Commercial banb 0 2 2 1 0 0 0 Private nonguaranteed 0 1,151 1,256 1,507 1,928 3,421 5,473 Bonds 0 0 0 0 0 6 124 Commercial banks and other 0 1.151 1,256 1,507 1,928 3,414 5,349 Memo: mRD 55 242 243 263 185 187 111 IDA 0 0 0 0 0 0 0 Public sector LDOD 252 818 964 1,103 1,215 1,559 1,300 Private sector LDOD 19 1,l60 1,270 1,528 1,950 3,442 5,491 DISBURSEMENTS 75 410 960 580 900 2,425 4,968 Public and publicly guaranteed 75 94 242 55 60 550 21 Official creditors 26 91 61 55 60 53 21 Multilateral 23 91 57 44 57 53 21 Concessional 0 0 0 II 17 7 0 Bilateral 3 1 4 1l 3 0 0 Concessional I 1 4 11 3 0 0 Private creditors 49 3 181 0 0 497 0 of which: Bonds 43 0 179 0 0 497 0 Commercial banks 0 0 0 0 0 0 0 Private nonguaranteed 0 316 718 525 839 1,874 4,948 Bonds 0 0 0 0 0 6 125 Commercial banks and other 0 316 718 525 839 1.868 4.823 Memo: mRD 9 63 22 14 3 6 2 IDA 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 7 319 635 480 741 1,049 2,564 Public and publicly guaranteed 7 81 50 52 138 314 96 Official creditors 4 73 45 46 133 310 93 Multilateral 4 53 39 41 117 306 79 Conccssional 0 0 0 () () 0 0 Bilateral 0 19 5 5 16 3 15 Conccssional 0 18 5 5 16 3 15 Private creditors 3 8 6 6 5 4 3 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 I 1 1 I 0 () Private nonguaranteed 0 239 585 428 603 735 2,468 Bonds 0 30 0 0 0 0 0 Commercial banks and other 0 209 585 428 603 735 2,468 Memo: mRD 0 9 11 16 109 14 64 IDA 0 0 0 () 0 0 0 INTEREST PAYMENTS (LIl\'T) 14 107 92 95 122 117 160 Public and publicly guaranteed 14 50 47 48 53 55 61 Official creditors 13 34 34 31 36 35 IS Multilateral 9 31 32 29 34 34 14 Concessional () 0 0 0 0 I I Bilateral 4 3 2 2 2 2 I Concessional 4 3 2 2 2 2 1 Private creditors 1 16 13 17 18 19 46 of which: Bonds 0 15 12 16 17 19 45 Commercial banks 0 0 () 0 0 0 0 Private nonguaranteed 0 57 4S 47 69 62 99 Bonds 0 2 () 0 0 0 6 Commercial banks and other 0 55 45 47 69 62 94 Memo: mRD 3 12 13 11 13 6 7 IDA 0 0 0 0 0 0 0 226 IJATVIA (US$ million. unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 69.9 73.1 82.2 86.4 90.1 Japanese yen 26.2 4.7 3.2 2.7 1.4 0.9 0.0 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.6 0.4 0.3 0.2 0.2 0.2 U.S.dollars 45.0 20.0 16.2 15.1 15.6 12.0 9.3 Total amount rescheduled 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 Principal rescheduled 0 0 () 0 0 0 0 Official () 0 0 0 0 () () Private 0 0 0 0 0 0 () Interest rescheduled () 0 0 () 0 0 0 Official 0 0 0 0 () () 0 Private () 0 0 0 0 () 0 Debt forgiven () 0 () 0 0 0 () Memo: interest forgiven 0 () 0 0 () () 0 Debt stock reduction 0 0 0 () 0 0 0 of which debt 0 0 () 0 () () 0 Total change in debt stocks 89 794 438 1.5 15 1.994 3,851 1,629 Net flows on debt 90 &4& 50& 1,21& 1,393 3,392 2.243 Cross-currency valuation 5 -49 -2& 125 164 75 -175 ALL CREDITORS Interest (%) 5.2 5.8 4.9 2.4 1.7 4.3 2.3 Maturity (years) 9.1 14.9 8.& 18.4 15.1 10.0 19.4 Grace peri od (years) 3.3 5.8 6.5 5.4 2.3 lO.O 7.2 Grant element (%) 19.2 23.9 26.2 49.5 42.4 35.3 57.3 Official creditors Interest (%) 5.3 5.8 2.5 2.4 1.7 0.0 2.3 Maturity (years) 14.1 14.9 19.0 18.4 15.1 0.0 19.4 Grace period (years) 4.1 5.8 4.0 5.4 2.3 0.0 7.2 Grant element (%) 25.3 23.9 47.1 49.5 42.4 0.0 57.3 Private creditors Interest (%) 5.1 0.0 5.4 0.0 0.0 4.3 0.0 Maturity (years) 4.0 0.0 7.0 0.0 0.0 10.0 0.0 Grace period (years) 2.5 0.0 7.0 0.0 0.0 10.0 0.0 Grant element 13.2 0.0 22.5 0.0 0.0 35.3 0.0 2006 2007 2008 2009 2010 TOTAL Principal 1,481 1,054 1,304 574 753 352 293 246 Interest 263 173 101 76 69 44 39 34 Official creditors Principal 38 38 36 33 53 32 26 33 Interest 14 14 14 13 13 11 lO 9 Bilateral creditors Principal 0 0 0 0 21 0 0 0 Interest 1 1 I I I 0 0 0 Multilateral creditors Principal 37 37 36 33 32 31 26 33 Interest 13 13 13 12 12 11 10 9 Private creditors Principal 1,444 L016 1.268 541 701 320 267 212 Interest 249 159 87 62 56 33 29 26 Notes: Data on short -term debt for 2005 are based on reports provided by the country. 227 LEBANON (US$ million, unless otherwise indicated) 2000 2001 2002 2003 2004 2005 TOTAL DEBT STOCKS (EDT) 1,779 2,966 9,857 12,451 17,082 18,605 22,173 22,373 Long·term debt (LDOD) 358 1,600 7,316 9,793 14,534 15,481 18,202 18,923 Public and publicly guaranteed 358 1,550 6,580 8.957 13,833 14,785 17,456 17,912 Private non guaranteed 0 50 736 836 701 696 746 1,011 Use of IMF credit 0 0 0 0 0 0 0 0 Short-term debt 1,421 1,365 2,541 2,658 2,547 3,124 3,971 3,450 of which interest arrears on LDOD 39 10 0 0 0 0 0 0 Official creditors 16 0 0 0 0 0 0 0 Private creditors 23 10 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 132 43 0 0 0 0 0 0 Official creditors 28 2 0 0 0 0 0 0 Private creditors 104 41 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 12 907 2,316 3,261 5,649 2,434 5,486 3,097 Long-term debt 12 907 2.316 3.261 5.649 2,434 5,486 3,097 IMF purchases 0 0 0 0 0 0 0 0 Principal repayments 27 104 876 685 1,115 1,819 2,920 2,100 Long-term debt 27 104 876 685 1,115 1,819 2.920 2,100 IMF repurchases 0 0 0 0 0 0 0 0 Net flows on debt 726 830 1,779 2,693 4,424 1,192 3,413 476 of which short -tenTI debt 742 26 339 117 -Ill 577 847 -521 Interest payments (INT) 72 121 593 778 1,073 1,431 1,429 1,426 Long-term debt 11 54 461 646 963 1.276 1,244 1,251 IMF charges 0 0 0 0 0 0 0 0 Short-term debt 61 67 132 132 110 155 185 175 Net transfers on debt 654 709 1,185 1,915 3,350 -239 1,984 -950 Total debt senice paid (TDS) 99 224 1,469 1,463 2,188 3,250 4,349 3,526 Long-term debt 38 158 1,337 1,331 2,078 3,095 4,164 3.351 IMF repurchases and charges 0 0 0 0 0 0 0 0 Short-term debt (interest only) 61 67 132 132 110 155 185 175 NET RESOURCE FLOWS 203 883 2,537 4,141 6,017 3,789 4,753 5,139 Net flow of long-term debt (ex. IMp) -16 804 1.440 2,576 4,534 615 2.566 997 Foreign direct investment (net) 6 35 964 1,451 1,336 2,860 1,899 2.573 Portfolio equity flows 0 0 0 0 0 207 148 1,436 Grants (excluding technical coop.) 213 44 133 113 147 106 141 134 Memo: technical coop. grants 39 94 55 63 78 101 110 105 NET TRANSFERS 192 829 2,075 3,494 5,054 2,513 3,510 3,888 Interest on long-term debt 11 54 461 646 963 1.276 1,244 1,251 Profit remittances on FDI 0 0 0 0 0 0 0 0 Gross national income (GNI) 3,461 12.211 17,143 17,138 18,172 19.133 20,965 21,427 Exports of goods, servo & inc. (XGS) 8,558 16.646 18,248 19,961 Worker remit. & compo of employees 1.818 1,225 1,582 2,307 3,111 4,672 5,592 4.924 Imports of goods & services (MGS) 10,477 18,008 18,903 18,642 International reserves (RES) 4.210 8.100 8,475 7,564 10,405 16,367 15.774 16,618 Current account balance -4,385 -4,997 -4,122 -1.881 .tJ)~'f ~CAll:QB$ EDT/XGS ('Yo) 199.6 111.8 121.5 112.1 EDT I GNI(%) 51.4 24.3 57.5 72.6 94.0 97.2 105.8 104.4 TDS I XGS (%) 25.6 19.5 23.8 17.7 INT I XGS (%) 12.5 8.6 7.8 7.1 lNT I GNI (%) 2.1 1.0 3.5 4.5 5.9 7.5 6.8 6.7 RES I EDT (%) 236.7 273.1 86.0 60.7 60.9 88.0 71.1 74.3 RES I MGS (months) 11.9 10.9 10.0 10.7 Short-term I EDT (%) 79.9 46.0 25.8 21.3 14.9 16.8 17.9 15.4 Concessionall EDT (%) 6.2 9.2 5.7 4.4 3.2 6.3 5.5 4.9 Multilateral I EDT (%) 4.7 6.7 6.3 5.4 4.2 4.4 3.8 3.5 228 LEBANON (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 358 1,600 7,316 9,793 14,534 15,481 18,202 18,923 Public and publicly guaranteed 358 1,550 6,580 8,957 13,833 14,785 17,456 17,912 Official creditors 188 428 932 959 1,014 \,744 1,809 1,623 Multilateral 84 198 616 668 724 813 841 784 Concessional 30 63 289 291 289 284 288 289 Bilateral 104 230 315 291 289 931 969 839 Concessional 81 209 276 256 253 895 936 815 Private creditors 169 1,123 5,648 7,998 12,820 13,041 15,647 16,289 of which: Bonds 700 5,260 7,612 12,517 12,800 15,453 16,142 Commercial banks Private nonguaranteed ° 0 359 50 374 736 374 836 291 701 231 696 185 746 140 1,011 Bonds Commercial banks and otber ° 0 0 50 0 736 0 836 0 701 0 696 0 746 1,011 0 Memo: mRD 34 113 248 259 313 362 ° 387 360 IDA 0 0 0 0 0 0 0 0 Public sector LDOD 358 1,550 6,554 8,931 13,816 14,785 17,456 17,912 Private sector LOOD 0 50 762 862 718 696 746 LOll DlSBURSEMEl'iTS 12 907 2,316 3,261 5,649 2,434 5,486 3,097 Public and publicly guaranteed 12 857 2,201 3,061 5,509 2,274 5,286 2,567 Official creditors 5 213 119 123 88 679 89 59 Multilateral 0 80 103 107 79 102 74 51 Concessional 0 21 53 31 14 14 25 19 Bilateral 5 133 16 16 10 577 15 9 Concessional 5 125 15 15 9 577 15 8 Private creditors 6 644 2,082 2,937 5,421 1,595 5,197 2,508 of wbich: Bonds 0 300 2,031 2,900 5,420 1,590 5,195 2,500 Commercial banks 0 340 51 37 1 4 2 8 Private nonguaranteed 0 50 115 200 140 160 200 530 Bonds 0 50 115 200 140 160 200 530 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: mRD 0 51 42 48 65 57 49 32 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 27 104 876 685 1,115 1,819 2,920 2,100 Public and publicly guaranteed 27 104 826 585 840 1,654 2,770 1,835 Official creditors 27 93 66 50 96 97 104 96 Multilateral 6 10 39 30 67 73 69 65 Concessional 0 3 18 3 22 25 22 18 Bilateral 21 83 27 20 29 23 35 31 Coneessional 1 10 21 16 25 18 29 25 Pri vate eredi tors 0 II 760 534 744 1,557 2,666 1,739 of which: Bonds 0 0 400 500 659 1,477 2,612 1,695 Commercial banks 0 9 358 32 84 78 53 44 Private nonguaranteed 0 0 50 100 275 165 150 265 Bonds 0 0 50 100 275 165 150 265 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: mRD 6 4 [7 24 29 34 35 38 IDA 0 0 0 0 0 0 0 0 INTEREST PAYMENTS (LLl\1T) 11 54 461 646 963 1,276 1,244 1,251 Public and publicly guaranteed 11 54 404 582 892 1,215 1,187 1,161 Official creditors 9 19 44 28 39 61 79 66 Multilateral 4 11 32 20 28 34 34 28 ConcessionaJ 0 3 13 2 8 11 11 5 Bilateral 5 8 12 7 12 27 45 38 Concessional 0 3 8 5 7 20 38 36 Pri vate creditors 2 35 360 554 853 1.154 !,l08 1,095 of which: Bonds 0 20 300 536 806 LIl8 1,080 1,087 Commercial banks 0 12 58 16 46 35 27 7 Private nonguaranteed 0 0 57 65 71 61 57 90 Bonds 0 0 57 65 71 61 57 90 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: mRD 4 7 14 15 14 15 14 15 IDA 0 0 0 0 0 0 0 0 229 LEBANON (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 Euro 12.9 8.1 13.4 11.5 8.0 Japanese yen 0.5 0.0 0.1 0.1 0.1 0.2 0.2 0.1 Pound sterling 0.7 0.1 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 41.0 69.2 71.3 79.0 86.4 81.3 84.0 88.0 Total amount rescheduled 0 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Pdvate 0 0 0 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 755 839 1,651 2,594 4,631 1.523 3,568 200 Net t10ws on debt 726 830 1,779 2,693 4,424 Ll92 3,413 476 Cross-currency valuation 17 19 -88 -76 251 263 167 -294 ALL CREDITORS Interest (%) 0.0 8.0 9.0 10.0 7.1 3.4 7.1 7.3 Maturity (years) 0.0 10.4 5.5 6.7 9.8 11.2 5.7 5.9 Grace ped od (years) 0.0 4.2 4.7 6.5 3.5 3.9 5.7 5.2 Grant element (%) 0.0 10.2 3.7 -0.9 17.9 25.9 11.7 8.9 Official creditors Interest (%) 0.0 5.6 7.5 3.2 3.5 4.8 0.0 4.2 Matudty (years) 0.0 18.6 14.7 17.0 17.6 15.3 0.0 17.0 Grace pedod (years) 0.0 3.8 5.2 1.8 7.2 3.8 0.0 4.3 Grant element (%) 0.0 26.7 14.0 37.3 43.3 29.5 0.0 35.6 Private creditors In teres! (%) D.O 9.0 9.1 1D.1 7.2 2.8 7.1 7.4 Matudty (years) 0.0 7.2 4.9 6.6 9.5 9.4 5.7 5.3 Grace period D.O 4.4 4.7 6.6 3.4 4.0 5.7 5.2 Grant element 0.0 3.7 3.0 -1.3 17.0 24.3 11.7 7.4 ,.,.-_-:-'i::; ;:- - · ·.: ··~m~ti~t~'Qt.~m_Q~;~~.~~~il;:;j :~:~{~;;;~:% --;~~: >:~:< ;+~~;I~~j/<1 ~;~--- ; v/SmQNQF·PtlBLtQ.·AND·.·t>uBLj~~*tf~D.'T~I!~.; "~,:~'r::::>'/;:~~\",: Euro 0.8 4.3 4,0 4.2 4.1 Japanese yen 36.5 34,6 27,6 22.3 20.6 23.6 22.8 22.3 Pound sterling 1.6 1.0 0.7 0.5 0.5 0.6 0.6 0.6 Swiss franc 3.6 3.1 0.0 0.0 0.0 0,0 0.0 0.0 U.S.doliars 31.8 48.5 62.8 70.9 70.S 68.5 70.0 70.8 Total amount rescheduled 0 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 of which debt °0 0 ° ° 0 °0 0 0 0 0 Total change in debt stocks -949 4,007 -30 3,215 3.183 285 3,599 -1,175 Net flows on debt -1.851 5,138 337 5,217 3,437 -1,516 3,491 -399 926 -104 -689 -734 623 923 272 -867 ~;A,vUAQil'~~O'NEvvt;~~;;·· ALL CREDITORS Interest (%) 4.8 5.8 5.7 4.0 4.9 1.5 3,0 5.2 Maturity (years) 20,9 18.3 13,2 l3,6 11.7 6.7 8.3 9.6 Grace period (years) 6.0 12.5 3.9 5.8 7.9 0.7 3.2 9.5 Grant element (%) 37.3 27.6 22.7 33.4 25.5 23.6 26.3 28.3 Ofticial creditors Interest (%) 4.0 3.4 3.1 3,7 3.7 3.0 0.0 0.0 Maturity (years) 22.9 24.4 24.1 14.9 16.9 15.6 0.0 0.0 Grace period (years) 6.7 6.3 3.5 3.3 4.9 2.1 0.0 0.0 Grant element (%) 44.2 48.1 45.2 31.7 37.5 37.4 0.0 0.0 Private creditors Interest (% ) 8.9 6.3 7.0 4.5 5.2 1.4 3.0 5.2 Maturity (years) 11.4 16.9 7.6 11.6 10.2 6.1 8.3 9.6 Grace petiod 2.6 14.0 4.0 9.7 8.7 0.6 3.2 9.5 Grant element 4.3 22.7 1l.4 35.9 22.2 22.6 26,3 28,3 2006 2007 2008 2009 2010 TOTAL Principal 4,615 5,889 3,591 7,379 2.763 1,488 951 925 Interest 1.801 1,595 1,386 1,152 874 794 704 660 Ofticial creditors Principal 788 864 846 825 543 472 457 365 Interest 231 208 181 151 121 104 89 75 Bilateral creditors Principal 636 721 715 698 445 387 387 298 Interest 186 170 149 126 102 89 77 66 Multilateral creditors Principal lSI 142 131 127 97 86 70 67 Interest 45 38 32 25 19 15 12 8 Private creditors Principal 3,828 5,026 2,745 6,554 2,220 1,015 494 560 Interest 1,570 1,387 1,205 1,001 753 690 615 586 Notes: Data on long-term public and publicly guaranteed debt, private non guaranteed debt and short-term debt for 2005 are based on government statistics and World Bank staff estimates, 251 MALDIVES (US$ millian, unless atherwise indicated) 1995 2000 2003 TOTAL DEBT STOCKS (EDT) 78.0 154.9 206.0 234.9 271.7 284.4 353.4 368.2 Long-term debt (LDOD) 64.0 151.9 184.7 180.7 223.0 258.5 313.0 307.0 Public and publicly guaranteed 64.0 151.9 IS4.7 180.7 223.0 25S.5 313.0 307.0 Pri vale nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Use of IMF credit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5.9 Sbort-term debt 14.0 3.0 21.4 54.3 48.7 25.9 40.5 55.3 of which interest arrears on LDOD 0.0 0.0 0.0 OJ) 0.0 0.0 0.5 0.3 Official creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.5 0.2 Pri vate creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 Memorandum items Principal arrears on LOOD 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 Official creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 Private creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 TOTAL DEBT FI"OWS Disbursements 13.0 34.7 13.6 20.1 42.6 38.2 54.8 55.0 Long-term debt 13.0 34.7 13.6 20.1 42.6 38.2 54.8 49.0 IMF purchases 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6.1 Principal repayments 6.0 7.1 13.9 15.8 16.6 16.0 23.8 24.2 Long-term debt 6.0 7.1 13.9 15.8 16.6 16.0 23.8 24.2 IMF repurchases 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Net flows on debt 8.6 29.6 -3.8 37.2 20.4 -0.6 45.2 45.9 of which short-term debt 1.6 2.0 -3.5 32.9 -5.6 -22.8 14.1 15.0 Interest payments (INT) 2.8 3.7 5.9 6.0 5.7 5.3 8.7 9.9 Long-term debt 1.3 3.6 4.7 4.6 4.4 4.6 7.8 8.7 IMFcharges 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 Short-term debt 1.5 0.2 1.2 1.4 1.3 0.7 0.9 I.l Net transfers on debt 5.8 25.8 -9.7 31.3 14.7 -5.9 36.5 36.0 Total debt service paid (TDS) 8.8 10.8 19.8 21.7 22.2 21.3 32.4 34.0 Long-term debt 7.3 10.7 IS.7 20.4 20.9 20.6 31.5 32.8 IMF repurchases and charges 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 Short-term debt (interest only) 1.5 0.2 1.2 1.4 1.3 0.7 0.9 1.1 NET RESOURCE FLOWS 23.9 58.6 22.7 30.7 48.5 41.0 53.9 85.3 Net flow oflong-terrn debt (ex. IMF) 7.0 27.6 -0.4 4.3 26.0 22.2 31.0 24.8 Foreign direct investment (net) 5.6 7.2 13.0 11.7 12.4 13.5 14.7 9.5 Portfolio equity t10ws 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grants (excluding technical coop.) 11.3 23.7 10.0 14.6 10.1 5.4 8.1 51.0 Memo: technical coop. grants 5.8 10.1 7.5 5.2 6.5 6.7 5.8 8.9 NET TRANSFERS 8.7 35.1 -16.4 -13.6 8.8 -2.5 1.8 49.8 Interest on long-terrn debt 1.3 3.6 4.7 4.6 4.4 4.6 7.S 8.7 Profit remittances on FDI 13.9 19.9 34.4 39.7 35.3 39.0 44.3 26.8 Gross national income (GNl) 193.9 379.0 594.3 586.6 604.2 654.0 735.7 739.0 Exports of goods, servo & inc. (XGS) 183.8 322.4 467.5 472.5 500.8 590.3 696.5 490.1 Worker remit. & compo of employees 2.0 2.0 2.0 2.0 2.0 2.0 3.0 3.0 Imports of goods & services (MGS) 177.7 337.0 492.0 501.5 496.9 579.9 776.2 882.7 International reserves (RES) 24.4 48.0 122.8 93.1 133.1 159.5 203.6 186.3 Current account balance 9.9 -18.2 -51.5 -58.7 -35.7 -31.8 -133.9 -330.0 AI, D~.~~~A;~QllS EDT IXGS (%) 42.4 48.0 44.1 49.7 54.2 48.2 50.7 75.1 EDT I GNI(%) 40.2 40.9 34.7 40.1 45.0 43.5 48.0 49.8 TDS IXGS (%) 4.8 3.4 4.2 4.6 4.4 3.6 4.7 6.9 INT I XGS (%) 1.5 1.2 1.3 1.3 1.1 0.9 1.2 2.0 INT I GN! (%) 1.4 1.0 1.0 1.0 0.9 0.8 1.2 1.3 RES I EDT (%) 31.3 31.0 59.6 39.6 49.0 56.1 57.6 50.6 RES I MGS (months) 1.6 1.7 3.0 2.2 3.2 3.3 3.1 2.5 Short-term I EDT (%) 18.0 1.9 lOA 23.1 17.9 9.1 11.4 15.0 COllcessional I EDT (%) 71.0 81.6 69.1 59.5 60.5 64.6 60.8 56.9 Multilateral! EDT (%) 41.7 58.8 58.5 51.0 52.9 56.9 53.8 47.8 252 MALDIVES (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 64.0 151.9 184.7 180.7 223.0 258.5 313.0 307.0 Public and publicly guaranteed 64.0 151.9 184.7 180.7 223.0 258.5 313.0 307.0 Official creditors 60.2 142.6 154.8 151.0 175.1 194.4 224.1 217.4 Multilateral 32.5 91.1 120,5 119.8 143.8 161.9 190.3 176.0 Concessional 32.5 91.1 115.4 114.9 138.5 156.1 184.2 170.4 Bilateral 27.6 51.5 34.3 31.2 31.3 32.5 33.8 41.4 Concessional 22.8 35.3 26.9 24.8 26.0 27.6 30.7 39.1 Pri vate creditors 3.8 9.4 29.9 29.7 47.9 64.1 88.8 89.6 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 3.4 23.7 24.9 43.9 61.2 87.7 89.6 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 10.0 36.1 46.4 44.4 50.3 57.6 65.6 64.4 Public sector LDOD 64.0 151.9 183.4 178.2 221.3 257.7 301.9 297.9 Private sector LDOD 0.0 0.0 1.2 2.5 1.7 0.8 11.0 9.1 DISBURSEMENTS 13.0 34.7 13.6 20.1 42.6 38.2 54.8 49.0 Public and publicly guaranteed 13.0 34.7 13.6 20.1 42.6 38.2 54.8 49.0 Official creditors 9.6 30.9 6.3 10.2 18.5 18.1 17.6 28.1 Multilateral 3.6 18.7 6.1 9.6 15.0 14.4 11.7 16.1 Concessional 3.6 18.7 5.4 9.6 14.9 14.4 11.7 16.1 Bilateral 5.9 12.2 0.2 0.7 3.5 3.8 6.0 12.0 Concessional 1.1 12.2 0.2 0.7 3.5 3.8 6.0 12.0 Pri vate creditors 3.5 3.8 7.3 9.9 24.1 20.0 37.2 20.9 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 2.4 6.1 9.9 24.1 20.0 37.2 20.9 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 1.2 3.9 3.3 0.1 3.2 3.2 6.1 4.6 PRINCIPAL REPA YMENTS 6.0 7.1 13.9 15.8 16.6 16.0 23.8 24.2 Public and publicly guaranteed 6.0 7.1 13.9 15.8 16.6 16.0 23.8 24.2 Official creditors 3.7 4.8 6.7 6.4 7.0 6.2 9.2 7.9 Multilateral 1.5 1.4 2.5 2.6 3.0 3.3 4.1 4.0 Concessional 1.5 1.4 2.5 2.6 3.0 3.3 4.1 3.9 Bilateral 2.2 3.4 4.2 3.8 4.0 2.9 5.0 4.0 ConcessionaI 1.9 2.7 3.2 2.7 2.9 2.5 3.3 3.1 Private creditors 2.3 2.3 7.3 9.4 9.5 9.8 14.6 16.2 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 1.5 0.6 6.1 8.0 8.2 8.3 12.8 15.2 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 0.0 0.1 0.4 0.4 0.6 0.7 0.8 1.0 INTEREST PAYMENTS (LINT) 1.3 3.6 4.7 4.6 4.4 4.6 7.8 8.7 Public and publicly guaranteed 1.3 3.6 4.7 4.6 4.4 4.6 7.8 8.7 Official creditors 0.8 2.7 2.6 2.5 2.5 2.2 2.7 2.9 Multilateral 0.3 1.0 1.5 1.5 1.6 1.7 1.9 2.1 Concessional 0.3 1.0 1.4 1.5 1.6 1.6 1.9 2.0 Bilateral 0.5 1.7 l.l 1.0 0.9 0.6 0.8 0.8 Concessional 0.3 0.4 0.5 0.5 0.4 0.4 0.5 0.6 Pri vale creditors 0.5 0.8 2.2 2.1 1.9 2.3 5.1 5.8 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.1 0.2 1.8 1.8 1.6 2.1 5.0 5.7 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 0.1 0.3 0.3 0.3 0.3 0.4 0.5 0.5 253 MALDIVES (US$ million, unless otherwise indicated) 1990 2000 2001 2002 2003 Eum 4,2 15,5 14.9 11.5 8.5 Japanese yen 0.0 0.0 0,0 0.0 0,0 0,0 0,0 0,0 Pound sterling 0,4 0.0 0,2 0.1 0.0 0,0 0,0 0,0 Swiss franc 0,0 0.0 0,0 0,0 0.0 0,0 0,0 0,0 U.S.dollars 25.4 51.3 53,3 53.7 46,1 48,8 51.3 53.1 1.DEBTREsmOCTURINGS Total amount rescheduled 0,0 0.0 0,0 0.0 0,0 0,0 0.0 0.0 Debt stock rescheduled 0,0 0,0 0,0 0,0 0.0 0.0 0,0 0,0 Principal rescheduled 0.0 0,0 0,0 0,0 0.0 0,0 0,0 0.0 Oftlcial 0.0 0.0 0.0 0,0 0,0 0.0 0O 0.0 Private 0,0 0.0 0,0 0,0 0,0 0,0 0.0 0.0 Interest rescheduled 0.0 0,0 0.0 0,0 0.0 0.0 0.0 0,0 Official 0.0 0.0 0.0 0,0 0,0 0.0 0.0 0,0 Private 0.0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 Debt forgiven 0.0 0.0 0.0 0.0 0,0 0,5 0.0 0,0 Memo: interest forgiven 0,0 0.0 0,0 0.0 0.0 0.0 0,0 0,0 Debt stock reduction 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 of which debt 0.0 0.0 0,0 0.0 0,0 0.0 0.0 0,0 8'''JlT~FLOW'RECQNCJJJAT1ON Total change in debt stocks 11.2 31.3 -12,9 28,9 36.7 12,8 69,0 14,7 Net flows on debt 8.6 29.6 -3.8 37,2 20.4 -0.6 45.2 45.9 1.2 1.I -6.5 -5.4 10,7 8,8 21.5 -18,7 "'~4~G:t~OFNEW~' ALL CREDITORS Interest (%) 0.8 3.2 3,7 5.1 3,9 6.3 1.8 3,7 Maturity (years) 37.3 31.3 26,7 15.1 [4.7 11.0 24,8 19.6 Grace period (years) 9.2 9,1 6,9 3.5 2,9 1.5 5,9 4.2 Grant element (%) 77.2 56.1 47.7 27.5 31.9 15.0 57,6 41.5 Official creditors Interest (%) 0.8 2.5 2.5 2.7 1.7 0.0 0.6 1.1 Maturity (years) 37,3 34.8 34,7 27,2 30,2 0,0 32.5 30,5 Grace period (years) 9.2 10.1 9.3 9,0 7,8 0.0 7.5 6.7 Grant element (%) 77.2 63,1 63.3 58.1 66,2 0.0 74.4 68.6 Private creditors Interest (%) 0.0 7.9 6,6 5.9 4.4 6.3 4.5 6.6 Maturity (years) 0.0 6.0 7,6 11.0 11.5 11.0 8.1 7.8 Grace period (years) 0,0 1.7 1.1 1.7 1.9 1.5 2,5 1.6 Grant element (%) 0.0 6.3 10.3 17.4 24.8 15.0 21.0 12.2 :; ',·l&;˘ag~~~.~.˘A:llQ~Ql'4'~$1"A~~G,'J"QN~~_rt" ; ','~ "-;>(]»,::;;'" ~<'A"f,; ,"" 2006 2007 2008 2009 2010 20ll TOTAL Principal 25,6 30.8 3 \.9 32.4 34,2 33.7 29.6 21.1 Interest 11.4 11.2 10,2 8,7 7,3 5.9 4.6 3.6 Official creditors Principal 9.6 10.2 9.9 10.7 12.4 12.3 12,2 11.7 Interest 3,6 3,6 3.4 3.1 3,0 2.9 2.7 2.6 Bilateral creditors Principal 5.0 5.1 3.5 3,5 4.0 4.1 3,5 3.0 Interest 0,9 0,8 0.7 0,7 0,6 0.5 0.5 0.4 Multilateral creditors Principal 4,6 5.1 6.5 7,2 8.4 8.3 8.7 8.7 Interest 2.7 2.8 2.7 2.4 2.4 2.3 2.2 2.1 Private creditors Principal 16,0 20,7 21.9 21.8 21.8 21.3 17,3 9.4 Interest 7,9 7.7 6.8 5.6 4.3 3.1 2.0 1.1 Notes: 254 MALI (US$ million, unless otherwise indicated) 1995 2000 2001 TOTAL DEBT STOCKS (EDT) 2,468 2,958 2,980 2,910 2,827 3,114 3,320 2,969 Long-term debt (LDOD) 2,337 2,739 2,671 2,642 2,518 2,910 3,136 2,843 Public and publicly guaranteed 2,337 2,739 2,671 2,642 2,518 2,910 3,136 2,843 Private nonguaranteed 0 0 0 0 0 0 0 0 Use ofIMF credit 69 147 176 171 166 169 145 109 Short-term debt 62 72 134 97 144 35 39 17 of which interest arrears on LDOD 9 28 42 57 7 6 6 0 Official creditors 9 28 42 57 7 6 6 0 Private creditors 0 0 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 63 342 541 540 108 liS 134 25 Official creditors 63 340 541 540 108 115 134 25 Private creditors 0 2 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 195 238 109 137 152 216 170 225 Long-term debt 167 193 100 114 143 198 168 223 IMF purchases 28 45 9 23 9 18 2 2 Principal repayments 44 62 66 62 58 56 73 63 Long-term debt 25 55 50 47 40 38 55 47 IMF repurchases 18 7 16 15 18 18 18 17 Net flows on debt 159 200 -11 23 191 51 101 146 of which short-term debt 8 24 -53 -52 97 -108 4 -16 Interest payments (INT) 24 25 27 19 25 20 27 25 Long-term debt 17 22 18 15 21 17 25 23 IMFcharges 4 I 1 J 1 I I 0 Short-term debt 3 2 9 3 2 2 1 I Net transfers on debt 135 175 -38 4 166 31 74 121 Total debt service paid (TDS) 68 87 94 80 83 77 100 88 Long-term debt 43 77 68 62 61 56 80 70 IMF repurchases and charges 22 7 17 16 19 19 19 17 Short-term debt (interest only) 3 2 9 3 2 2 I I NET RESOURCE FLOWS 348 458 359 395 575 602 694 781 Net flow of long-term debt (ex. IMF) 142 138 50 67 104 159 113 177 Foreign direct investment (net) 6 III 82 122 244 132 101 159 Portfolio equity flows 0 0 0 14 -2 I -I 9 Grants (excluding technical coop.) 201 208 227 193 229 309 481 436 Memo: technical coop. grants 93 132 120 89 123 127 122 130 NET TRANSFERS 327 430 266 240 326 464 517 758 Interest on long-term debt 17 22 18 15 21 17 25 23 Profit remittances on POI 4 6 76 141 227 120 152 0 Gross national income (GNn 2,405 2,419 2,392 2,464 3,103 4,203 4,679 5,073 Exports of goods, servo & inc. (XGS) 549 650 734 981 1.207 1,312 1,380 Worker remit. & compo of employees 107 112 73 88 137 154 155 155 Imports of goods & services (MGS) 889 1,040 1.046 1,344 1,376 1,652 1,844 International reserves (RES) 198 323 381 349 594 952 861 855 Current account balance -221 -284 -255 -310 -149 -271 -409 EDT f XGS (%) 449.3 455.2 406.1 296.8 234.2 237.3 240.7 EDT I GNl(%) 102.6 122.3 124.6 118.1 91.1 74.1 71.0 58.5 TDS I XGS (%) 12.3 13.4 12.8 8.2 6.8 5.8 7.2 tNT f XGS (%) 4.4 3.8 3.7 1.9 2.0 1.5 2.0 INT I GNI (%) 1.0 l.0 1.1 0.8 0.8 0.5 0.6 0.5 RES f EDT (%) 8.0 10.9 12.8 12.0 21.0 30.6 25.9 28.8 RES I MGS (months) 2.7 3.7 4.4 3.1 5.2 6.9 5.6 Short-term I EDT (%) 2.5 2.4 4.5 3.3 5.\ 1.1 1.2 0.6 Concessional! EDT (%) 91.1 89.9 84.1 85.3 87.9 92.4 93.4 94.8 Multilateral I EDT (0/0) 36.3 47.2 50.8 52.3 62.1 66.5 68.4 75.5 255 MALI (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 2,337 2,739 2,671 2,642 2,518 2,910 3,136 2,843 Public and publicly guaranteed 2,337 2,739 2,671 2,642 2,518 2,910 3,136 2,843 Official creditors 2,321 2,737 2,671 2,642 2,518 2,910 3,134 2,838 Multilateral 897 1,397 1.513 1.523 1,755 2,071 2,271 2,241 Concessional 875 1,357 1,495 1,507 1,741 2,057 2,257 2,223 Bilateral 1,424 1.340 1.158 1,120 763 839 863 597 Concessional 1,373 1,303 1,012 974 744 820 843 592 Pri vate creditors 16 2 0 0 0 0 2 5 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 2 0 0 0 0 2 5 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 498 863 957 981 1,134 1,322 1,441 1,424 Public sector LDOD 2,331 2,739 2,671 2,642 2,518 2,910 3,136 2,843 Private sector LDOD 6 0 0 0 0 0 0 0 DISBURSEMENTS 167 193 100 114 143 198 168 223 Public and publicly guaranteed 167 193 100 114 143 198 168 223 Official creditors 167 193 100 114 143 198 166 220 Multilateral 115 146 85 104 127 174 155 210 Concessional 111 141 85 103 127 173 153 201 Bilateral 52 47 14 10 17 24 11 11 Concessional 52 47 14 10 17 24 11 11 Private creditors 0 0 0 0 0 0 2 3 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 2 3 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 0 fDA 43 85 49 70 91 95 76 III PRINCIPAL REPAYMENTS 25 55 50 47 40 38 55 47 Public and publicly guaranteed 25 55 50 47 40 38 55 47 Official creditors 24 55 50 47 40 38 55 47 Multilateral 14 23 26 23 21 26 33 33 Concessional 13 20 23 20 19 23 31 31 Bilateral II 32 24 24 18 12 21 13 Concessional 10 25 23 23 17 11 21 13 Pri vate creditors 1 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 0 fDA 2 6 7 6 3 5 7 9 INTEREST PAYMENTS (LINT) 17 22 18 15 21 17 25 23 Public and publicly guaranteed 17 22 18 15 21 17 25 23 Official creditors 17 22 18 15 21 17 25 23 Multilateral 10 12 12 11 15 14 19 21 Concessional 8 II 12 II IS 14 19 21 Bilateral 7 10 5 4 6 3 6 2 Concessional 6 8 4 4 6 3 5 2 Private creditors 1 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 0 fDA 3 6 7 7 7 8 10 II 256 MALI (US$ million. unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 14.2 16.8 16.4 15.9 15.0 Japanese yen 0.3 2.3 2.9 2,5 2.8 2.6 2,4 0.0 Pound sterling 2.6 1.8 1.8 1.7 2.0 1.9 1.9 1.8 Swiss franc 2.3 2.1 1.5 1.5 1.9 1.8 1.8 1.8 U.S.dollars 14.8 22.5 33.9 35.8 43.8 44.2 45.0 44.3 Total amount rescheduled 11 0 0 0 350 0 0 0 Debt stock rescheduled 0 0 0 0 206 0 0 0 Principal rescheduled 7 0 0 0 124 0 0 0 Official 4 0 0 0 124 0 0 0 Private 3 0 0 0 0 0 0 0 Interest reschedu led 5 0 0 0 0 0 0 0 Official 4 0 0 0 0 0 0 0 Private 1 0 0 0 0 0 0 0 Debt forgiven 2 0 3 16 451 24 19 228 Memo: interest forgiven 2 0 1 2 44 5 2 1 Debt stock reduction 0 0 74 1 0 0 0 0 of which debt 0 0 45 0 0 0 0 0 Total change in debt stocks 264 -216 -70 -83 287 206 -351 Net flows on debt 200 -11 23 191 51 101 146 -1 -182 -74 159 209 100 -208 ALL CREDITORS Interest (%) 1.0 1.5 0.6 0.9 0.9 1.5 1.I 0.9 Maturity (years) 29.9 30.7 34.9 37.7 39.2 36.9 37.9 36.7 Grace period (years) 8,4 8.8 8.8 10.1 8.5 8,4 9.2 8.7 Grant element (%) 67.6 68.6 76.6 77.6 75.5 69.1 74.7 75.3 Official creditors Interest (%) 1.0 1.5 0.6 0.9 0.9 1.2 1.1 0.9 Maturi ty (years) 29.9 30.7 34.9 37.7 39.2 40.1 37.9 36.7 Grace period (years) 8,4 8.8 8.8 10.1 8.5 8.9 9.2 8.7 Grant element (%) 67.6 68.6 76.6 77.6 75.5 73.8 74.7 75.3 Private creditors Interest (%) 0.0 0.0 0.0 0.0 0.0 3.6 0.0 0.0 Maturity (years) 0.0 0,0 0.0 0,0 0.0 9.9 0.0 0.0 Grace period (years) 0.0 0.0 0.0 0.0 0.0 3.4 0.0 0.0 Grant element (%) 0,0 0.0 0.0 0.0 0.0 28.6 0.0 0.0 2006 2007 2008 2009 2010 2011 TOTAL Principal 106 107 109 109 114 120 123 123 Interest 27 28 29 28 27 26 25 24 Official creditors Principal 105 106 108 107 112 119 121 122 Interest 27 28 28 28 27 26 25 24 Bilateral creditors Principal 40 37 37 34 35 36 35 34 Interest 4 4 4 4 4 4 3 3 Multilateral creditors Principal 65 69 71 73 77 82 86 88 Interest 23 24 24 24 23 22 22 21 Private creditors Principal 1 1 I 2 2 2 2 J Interest 0 0 0 0 0 0 0 0 Notes: 257 MAURITANIA (US$ million, unless olhenvise indicated) TOTAL DEBT STOCKS (EDT) 2.113 2,396 2,378 2,263 2,244 2,333 2,312 2,281 Long-term debt (LDOD) 1,806 2,127 2,029 1,914 1,916 2,054 2,060 2,043 Public and publicly guaranteed 1,806 2,127 2,029 1,914 \,916 2,054 2,060 2,043 Pri vate nonguaranteed 0 0 0 0 0 0 0 0 Use of IMF credit 70 100 98 105 113 104 90 69 Short-term debt 238 169 251 244 215 174 162 169 of whieh interest arrears on LDOD 63 79 112 93 102 110 95 III Official creditors 57 77 112 93 102 1I0 95 111 Private creditors 7 3 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 142 174 337 264 319 232 191 182 Official creditors 121 169 337 264 319 232 191 182 Pri vate creditors 21 5 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 148 133 123 104 133 128 117 138 Long-term debt 136 111 115 81 117 126 117 138 IMF purchases 12 22 8 23 16 1 0 0 Principal repayments 98 79 52 46 36 39 36 44 Long-term debt 83 70 46 40 30 31 27 34 IMF repurchases 16 9 6 5 6 8 9 10 Net flows on debt 102 68 62 71 59 40 84 86 of which short-term debt 53 14 -9 12 -38 -49 3 -9 Interest payments (INT) 47 38 31 29 18 16 21 23 L.ong-term debt 35 32 20 21 14 13 18 20 IMFeharges 3 0 I 1 I 0 0 0 Short-term debt 9 5 11 7 4 2 2 3 Net transfers on debt 55 30 31 42 41 24 63 62 Total debt service paid (TDS) 146 117 83 74 54 55 57 67 Long-term debt li8 102 66 61 44 44 45 54 IMF repurchases and charges 19 9 7 6 6 9 10 10 Short-term debt (interest only) 9 5 II 7 4 2 2 3 ~··iGGRt~~~~'l~~.O\V$·~.~.~~~~N~r.~,. NET RESOURCE FLOWS 138 184 234 305 441 465 288 342 Net flow of long-term debt (ex. IMF) 54 42 69 41 87 96 90 104 Foreign direct investment (net) 7 7 40 92 118 214 5 ll5 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding tecbnical coop.) 78 135 125 172 237 155 194 123 Memo: technical coop. grants 50 49 32 35 34 42 40 43 NET TRANSFERS 103 147 214 284 428 451 270 322 Interest on long-term debt 35 32 20 21 14 13 18 20 Profit remittances on FDI 1 5 0 0 0 0 0 0 ~~()B. ECO~OMl~AGGrq:GA,_.·· . · . Gross national income (GND 1,076 1,366 1,092 J,089 1,276 1,343 1,613 1,915 Exports of goods, serv. & inc. (XGS) 488 511 Worker remit. & compo of employees 14 5 2 2 2 2 2 2 Imports of goods & services (MGS) 570 559 International reserves (RES) 59 90 283 288 400 420 Current account balance -lD 22 It)l1tJ,tt ~1˘~'lD.1lS·. EDT I XGS (%) 432.9 468.8 EDT IGNI (%) 196.4 175.3 217.8 207.8 175.9 173.7 143.3 119.l TDS/XGS (%) 29.8 22.9 !NT I XGS (%) 9.7 7.5 INT IGNI (%) 4.4 2.8 2.9 2.6 1.4 1.2 1.3 1.2 RES I EDT (%) 2.8 3.8 11.9 12.7 17.8 18.0 RES I MGS (months) 1.2 1.9 Short-term I EDT (%) 11.2 7.1 10.6 10.8 9.6 7.5 7.0 7.4 Concessionall EDT (% ) 60.8 70.6 71.8 75.3 78.2 82.6 83.4 82.9 Multilateral I EDT (%) 31.0 38.6 41.8 45.8 50.5 56.3 62.1 62.1 258 MAURITANIA (US$ million, unless otherwise indicated) 1990 /995 2000 DEBT OUTSTANDING (LDOD) 1,806 2,127 2,029 1,914 1,916 2,054 2,060 2,043 Public and publicly guaranteed 1,806 2,127 2,029 1,914 1,916 2,054 2,060 2,043 Official creditors 1,709 2,119 2.009 1,908 1,909 2.045 2,050 2,020 Multilateral 654 926 994 1,037 1,132 1,313 1,435 1.416 Concessional 453 705 878 945 1,062 1,230 1,347 1,328 Bilateral 1,055 1.193 1,016 870 776 732 615 604 Concessional 831 988 829 761 693 696 581 562 Pri vale creditors 97 8 19 6 7 9 9 23 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 3 7 9 9 23 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRO 54 II 0 0 0 0 0 0 IDA 210 336 449 475 547 634 694 677 Public sector LOOO 1,806 2,127 2.029 1,914 1,916 2.054 2,060 2,043 Private sector LOOD 0 0 0 0 0 0 0 0 DISBURSEMENTS 136 111 US 81 117 126 117 138 Public and publicly guaranteed 136 111 115 81 117 126 117 138 Official creditors 136 111 115 79 113 123 115 123 Multilateral 112 88 106 77 99 115 106 104 Concessional 65 78 98 76 93 95 90 86 Bilateral 24 24 9 2 14 7 9 19 Concessional 24 23 9 2 14 7 9 19 Pri vate creditors 0 0 0 2 4 4 2 15 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 2 4 4 2 15 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 39 30 57 48 41 42 38 42 PRINCIPAL REPAYMENTS 83 70 46 40 30 31 27 34 Public and publicly guaranteed 83 70 46 40 30 31 27 34 Official creditors 81 69 43 38 30 30 25 33 Multilateral 66 35 34 22 17 14 14 19 Concessional 15 18 21 14 10 9 9 II Bilateral 15 34 9 15 13 16 11 14 Concessional Il 19 8 13 13 16 II 12 Private creditors 1 0 2 3 0 0 2 1 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 2 I 0 0 0 Private nonguaranteed Bonds Commercial banks and other ° 0 0 0 0 0 0 0 0 () 0 0 0 0 0 ° 0 0 ° 0 0 Memo: IBRD 11 2 2 0 0 0 0 0 IDA I 2 2 I I 2 2 INTEREST PAYMENTS (LINT) 35 32 20 21 14 13 18 20 Public and publicly guaranteed 35 32 20 21 14 13 18 20 Official creditors 34 32 18 20 13 13 17 19 Multilateral 20 15 14 12 11 II 14 16 Concessional 7 8 10 9 8 8 11 13 Bilateral 14 17 5 8 3 2 4 4 Concessional 6 10 3 4 3 2 4 4 Private creditors I 0 2 1 0 0 I I of which: Bonds 0 0 0 0 0 0 0 0 Commercial hanks 0 0 0 0 0 0 1 I Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 4 I 0 0 0 0 0 0 IDA I 2 2 3 3 4 5 6 259 MAURITANIA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 14.1 9.8 3.6 2.9 2.3 Japanese yen 1.3 3.1 3.6 3.3 3.6 3.6 0.3 0.1 Pound sterling 0.6 0.5 0.4 0.4 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 U.S.doliars 34.3 34.0 40.9 41.0 43.0 43.9 47.1 48.2 Total amount rescheduled 11 65 11 118 109 213 0 10 Debt stock rescheduled 0 0 3 68 95 131 0 0 Principal rescheduled 7 38 87 1 1 37 0 9 Official 5 38 87 I I 37 0 9 Private 3 0 0 0 0 0 0 0 Interest rescheduled 4 12 16 1 I II 0 1 Official 4 12 16 1 1 11 0 1 Private I 0 0 0 0 0 0 0 Debt forgiven 70 13 31 19 22 20 19 18 Memo: interest forgiven 1 2 17 7 5 5 3 2 Debt stock reduction 0 0 0 0 153 129 68 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 142 136 -155 -114 -19 89 -21 -31 Net flows on debt 102 68 62 71 59 40 84 86 50 7 -71 -50 114 111 -9 -73 ALL CREDITORS Interest (%) 3.1 1.1 1.9 1.7 1.8 1.5 2.5 3.0 Maturity (years) 31.2 34.7 28.5 33.9 26.5 28.9 30.1 21.8 Grace period (years) 8.5 9.7 7.5 9.3 7.3 7.1 7.6 5.3 Grant element (%) 56.8 75.1 61.6 68.7 61.9 59.5 59.3 45.5 Official creditors Interest (%) 3.1 Ll 1.9 1.6 1.8 1.4 2.5 3.0 Maturity (years) 31.2 34.7 28.5 34.6 26.5 33.2 30.1 21.8 Grace period (years) 8.5 9.7 7.5 9.5 7.3 7.9 7.6 5.3 Grant element (%) 56.8 75.1 61.6 70.2 61.9 66.0 59.3 45.6 Private creditors Interest (%) 0.0 0.0 0.0 5.8 0.0 2.0 5.8 5.8 Maturity (years) 0.0 0.0 0.0 9.8 0.0 5.0 9.8 9.8 Grace period (years) 0.0 0.0 0.0 1.8 0.0 2.3 1.8 1.8 Grant element (%) 0.0 0.0 0.0 16.6 0.0 23.2 16.6 16.6 TOTAL Principal 75 65 72 81 83 86 95 101 Interest 28 31 34 36 36 35 33 32 Official creditors Principal 70 58 65 79 81 86 95 101 Interest 27 30 34 36 36 35 33 32 Bilateral creditors Principal 15 15 19 28 26 26 33 33 Interest 8 10 12 14 14 14 13 12 Multilateral creditors Principal 54 44 46 52 56 60 63 67 Interest 19 20 22 22 22 21 20 19 Private creditors Principal 6 7 7 I I 1 0 0 Interest I 1 0 0 0 0 0 0 Notes: 260 MAURITIUS (US$ million, unless otherwise indicated) 2000 2001 2002 2003 2004 TOTAL DEBT STOCKS (EDT) 984 1,757 1,720 1,726 1,811 2,552 2,296 2,160 Long-term debt (LDOD) 910 1,415 953 854 919 1,002 943 797 Public and publicly guaranteed 762 1,148 834 767 840 930 861 731 Private nonguaranteed 147 267 118 87 79 72 82 66 Use of IMF credit 22 0 0 0 0 0 0 0 Short-term debt 52 342 767 872 892 1,550 1,353 1,363 of which interest arrears on LDOD 2 1 0 0 0 0 0 0 Official creditors 1 1 0 0 0 0 0 0 Private creditors 1 0 0 0 0 0 0 0 Memorandum items Principal arrears on LOOD 5 0 0 0 0 0 0 0 Official creditors 4 0 0 0 0 0 0 0 Private creditors I 0 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 161 409 132 71 177 112 74 140 Long-term debt 161 409 132 71 177 112 74 140 IMF purchases 0 0 0 0 0 0 0 0 Principal repayments 103 154 402 133 186 141 174 202 Long-term debt 60 154 402 133 186 141 174 202 IMF repurchases 44 0 0 0 0 0 0 0 Net flows on debt 76 312 -75 43 11 629 -297 ·52 of which short-term debt 18 58 194 106 20 658 -197 10 Interest payments (INT) 52 72 84 69 65 94 85 81 Long-term debt 43 56 52 38 35 37 35 31 IMFcharges 5 0 0 0 0 0 0 0 Short-term debt 5 16 32 31 30 58 50 50 Net transfers on debt 23 241 -159 -26 -54 535 -383 -133 Total debt service paid (TDS) 156 225 485 202 251 235 260 283 Long-term debt 103 210 453 170 221 177 210 233 IMF repurchases and charges 48 0 0 0 0 0 0 0 Short-term debt (interest only) 5 16 32 31 30 58 50 50 NET RESOURCE FLOWS 167 319 2 -87 41 55 -47 29 Net flow oflong-term debt (ex. IMp) ]01 255 -269 -62 -9 -29 -100 -62 Foreign direct investment (net) 41 19 266 -28 32 63 14 39 Portfolio equity flows 0 22 -4 -9 -\ 8 19 36 Grants (excluding technical coop.) 25 24 9 11 19 13 20 17 Memo: technical coop. grants 20 24 16 16 18 21 23 24 J'I.'ET TRANSFERS 102 247 -58 ·130 ·4 ·5 -96 ·35 Interest on long-term debt 43 56 52 38 35 37 35 31 Profit remittances on FDI 23 16 8 5 10 24 14 34 Gross national income (GNI) 2,363 3,801 4,434 4,551 4,541 5,246 6,028 6,285 Exports of goods, servo & inc. (XGS) ],778 2,402 2,671 2,925 3,030 3,225 3,500 3,905 Worker remit. & compo of employees 0 132 177 215 215 215 215 215 Imports of goods & services (MGS) 1,994 2,525 2,772 2,717 2,872 3,184 3,662 4,306 International reserves (RES) 761 887 914 853 1,249 1.603 1,633 1,372 Curren[ account balance -119 -22 -37 276 249 93 -1I2 -340 EDT/XGS (%) 55.3 73.1 64.4 59.0 59.8 79.1 65.6 55.3 EDT IGNI(%) 41.6 46.2 38.8 37.9 39.9 48.7 38.1 34.4 IDS I XGS (%) 8.8 9.4 18.2 6.9 8.3 7.3 7.4 7.2 !NT I XGS (%) 2.9 3.0 3.1 2.4 2.1 2.9 2.4 2.1 !NT! GNI (%) 2.2 1.9 1.9 L5 1.4 1.8 1.4 1.3 RES I EDT (%) 77.4 50.5 53.2 49.4 68.9 62.8 71.1 63.5 RES I MGS (months) 4.6 4.2 4,0 3.8 5.2 6.0 5.4 3.8 Short-term I EDT (%) 5.3 19.5 44.6 50.5 49.3 60.7 58.9 63.1 Concessionall EDT (%) 35.7 25.1 17.4 15.9 16.5 13.0 14.4 14.5 Multilateral! EDT (%) 31.6 15.4 12.9 11.2 15,6 11.1 11.8 11.5 261 MAURITIUS (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 910 1,415 953 854 919 1,002 943 797 Public and publicly guaranteed 762 1,148 834 767 840 930 861 731 Official creditors 647 664 500 442 599 620 583 507 Multilateral 311 270 221 193 283 284 272 249 Concessional 64 69 64 56 67 76 81 92 Bilateral 336 394 279 249 316 335 312 258 Concessional 288 372 236 218 232 257 249 222 Private creditors 115 484 334 325 240 310 278 223 of which: Bonds 0 150 0 0 0 0 0 0 Commercial banks 102 315 324 281 189 255 218 173 Private nonguaranteed 147 267 118 87 79 72 82 66 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 147 267 118 87 79 72 82 66 Memo: IDRD 176 140 86 71 94 85 77 68 IDA 19 17 13 13 12 12 11 10 Public sector LDOD 762 1,148 834 767 840 930 861 731 Private sector LDOD 147 267 118 87 79 72 82 66 DISBURSEMENTS 161 409 132 71 177 112 74 140 Public and publicly guaranteed 104 353 123 62 166 102 48 129 Official creditors 96 39 47 26 134 32 29 65 Multilateral 23 18 22 8 108 11 15 31 Concessional 7 5 9 3 11 7 8 24 Bilateral 74 21 26 18 26 22 15 33 Concessional 65 17 16 18 11 21 15 33 Private creditors 8 313 76 36 32 70 19 64 of which: Bonds 0 150 0 0 0 0 0 0 Commercial banks 0 159 76 0 28 70 10 61 Private nonguaranteed 57 56 9 8 11 10 26 11 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 57 56 9 8 11 10 26 11 Memo: IDRD 6 11 4 4 41 0 1 2 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REP A YMENTS 60 154 402 133 186 141 174 202 Public and publicly guaranteed 44 94 386 102 158 118 157 181 Official creditors 39 61 56 60 72 78 90 90 Multilateral 22 33 34 25 35 31 36 32 Concessional 3 3 4 4 4 4 5 6 Bilateral l7 27 21 35 37 47 54 58 Concessional 12 22 19 24 26 30 35 38 Private creditors 4 33 330 41 86 40 67 91 of which: Bonds 0 0 150 0 0 0 0 0 Commercial banks 4 22 146 39 83 36 60 83 Private nonguaranteed 16 60 16 31 28 23 18 21 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 16 60 16 31 28 23 18 21 Memo: IDRD 16 23 18 12 22 13 10 9 IDA 0 1 1 1 1 1 1 1 INTEREST PAYMENTS (LINT) 43 56 52 38 35 37 35 31 Public and publicly guaranteed 37 50 51 37 34 35 33 30 Official creditors 33 35 23 21 20 23 22 20 Multilateral 19 16 9 8 7 7 6 7 Concessional 1 1 1 1 1 1 1 I Bilateral 14 19 14 13 13 16 16 13 Concessional 9 17 11 10 10 11 11 10 Private creditors 4 14 29 16 14 13 12 11 of which: Bonds 0 0 5 0 0 0 0 0 Commercial banks 3 12 22 15 12 11 10 9 Private nonguaranteed 6 6 1 1 1 1 2 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and othcr 6 6 I 1 I 1 2 0 Memo: IDRD 14 II 5 4 3 2 1 2 IDA 0 0 0 0 0 0 0 0 262 MAURITIUS (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Eum 36.6 53.4 54.9 55.1 49.1 Japanese yen 1.0 1.2 2.6 2.4 2.3 4.1 3.9 5.4 Pound sterling 8.7 1.8 1.7 1.7 1.5 1.3 1.3 1.4 Swiss franc 0.5 0.2 0.3 0.3 0.3 0.3 0.3 0.2 U.S.dollars 14.4 42.3 46.3 43.4 23.2 21.6 21.4 25.2 Total amount rescheduled 0 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal reseheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 0 of whieh debt buyback 0 0 0 0 0 0 0 0 Total change in debt stocks 374 -128 6 85 741 -256 -136 Net flows on debt 312 -75 43 11 629 -297 -52 21 -42 -23 59 96 42 -74 ALL CREDITORS Interest (%) 6.0 5.9 6.4 3.9 2.8 2.5 2.6 2.5 Maturity (years) 17.9 9.7 6.1 13.6 11.6 7.7 10.5 4.2 Grace period (years) 6.3 4.7 2.7 3.4 2.9 1.2 2.5 1.2 Grant element (%) 26.7 19.5 13.8 32.2 32.6 22.4 28.6 14.3 Official creditors Interest (%) 6.0 5.1 3.9 3.7 2.7 0.0 2.6 2.6 Maturity (years) 17.9 17.5 15.7 14.7 11.9 19. I 15.7 14.2 Grace period (years) 6.3 5.5 4.7 4.1 3.2 10.1 3.9 4.8 Grant element (%) 26.7 31.0 36.5 35.3 34.1 74.1 41.3 43.2 Private creditors Interest (%) 0.0 6.3 7.5 4.2 3.3 2.6 2.5 2.5 Maturity (years) 0.0 6.1 1.9 11.1 3.8 7.3 1.0 LO Grace period (years) 0.0 4.3 1.9 1.8 0.5 0.9 0.0 0.0 Grant element (%) 0.0 14.3 3.7 24.8 21.4 20.7 5.1 5.1 2006 2007 2008 2009 2010 2011 2012 2013 TOTAL Principal 164 149 129 119 106 88 69 48 Interest 34 29 24 19 15 12 9 7 Official creditors Principal 99 88 91 86 77 64 57 38 Interest 21 19 17 14 12 10 8 6 Bilateral creditors Principal 63 48 47 46 43 34 29 12 Interest II \0 8 7 5 4 3 2 Multilateral creditors Principal 35 40 45 40 33 30 29 26 Interest 9 9 8 7 7 6 5 4 Private creditors Principal 65 61 38 33 30 24 11 II Interest 13 \0 7 5 4 2 I I Notes: 263 MEXICO (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 TOTAL DEBT STOCKS (EDT) 104,442 165,379 150,313 162,878 163,659 169,969 170,352 167,228 Long-term debt (LDOD) 81,809 112,250 131,381 148,321 153,759 160,791 161,262 160,649 Public and publicly guaranteed 75,974 93,902 81,488 94,230 99,821 106,963 108,810 108,786 Private nonguaranteed 5,835 18,348 49,893 54,091 53,938 53,828 52,452 51,863 Use of IMF credit Short·term debt of which interest arrears on LDOD 6,551 16,082 0 15,828 37,300 0 ° 18,932 0 ° 14,556 0 ° 9,900 0 ° 9,178 0 ° 9,090 0 ° 6,578 0 Official creditors 0 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 Memorandum items Principal arrears on LOOD 0 0 0 0 0 0 0 0 Official creditors 0 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 14,229 42,966 33,783 53,341 35,431 36,959 40,316 34,570 Long-term debt 12,045 29,678 32,589 53,341 35,431 36,959 40,316 34,570 IMF purchases 2,184 13,288 1,194 0 0 0 0 0 Principal repayments 4,012 15,309 44,445 34,683 32,656 31,493 39,769 33,899 Long-term debt 2,821 14,165 38,952 34,683 32,656 31,493 39,769 33,899 IMF repurchases 1,191 1,144 5,493 0 0 0 0 0 Net flows on debt 17,637 25,635 -15,792 14,282 -1,881 4,744 458 .1,840 of which short-term debt 7,420 -2,022 -5,130 -4,376 -4,656 -722 -89 -2,511 Interest payments (lNT) 7,301 10,801 14,028 12,622 11,126 10,671 10,617 10,096 Long-term debt 5,797 7,645 \1,983 11,785 10,626 10,331 10,167 9,646 IMF charges 522 545 153 0 0 0 0 0 Short-term debt 982 2,611 1,892 837 500 340 450 450 Net transfers on debt 10,336 14,834 -29,820 1,660 -13,007 -5,927 -10,159 -11,936 Total debt service paid (IDS) 11,313 26,110 58,473 47,305 43,782 42,164 50,386 43,994 Long-term debt 8,618 21.810 50,935 46,468 43,282 41,824 49,936 43,544 IMF repurchases and charges 1,712 1,689 5,646 0 0 0 0 0 Short-term debt (interest only) 982 2,611 1,892 837 500 340 450 450 NET RESOURCE FLOWS 13,822 25,590 11,880 45,971 21,760 20,624 17,005 22,902 Net flow of long-term debt (ex. IMF) 9,224 15,513 -6,363 18,658 2,776 5,466 547 671 Foreign dircct investment (net) 2,549 9,526 17,773 27,142 19,044 15,256 18,941 18,772 Portfolio equity flows 1,995 519 447 151 -104 -123 -2,522 3,353 Grants (excluding technical coop.) 54 31 23 20 43 25 40 106 Memo: technical coop. grants 81 122 109 119 176 155 134 149 NET TRANSFERS 5,721 13,685 -6,120 28,647 7,227 6,716 3,261 7,55] Interest on long-term debt 5,797 7,645 11,983 11,785 10,626 10,331 10,167 9,646 Profit remittances on FOI 2,304 4,259 6,017 5,539 3,907 3577 3,577 5,705 Gross national income (GND 254,084 273,409 566,465 608,284 636,964 627,011 672,723 755,035 Exports of goods, servo & inc, (XGS) 54,570 96,707 192,425 185,702 187,651 194,637 224,275 256,127 Worker remit. & compo of employees 3,098 4,368 7,525 10,146 11,029 14,911 18,143 21,772 Imports of goods & services (MGS) 63,504 98571 211,530 203,822 202,212 203,935 231,388 261,224 International reserves (RES) 10,217 17,046 35,577 44,805 50,671 59,027 64,202 74.110 Current account balance -7,451 -1,576 -18,683 -17,678 -14,107 -8,835 -6,682 -4,647 EDT/XGS (%) 191.4 171.0 78,1 87.7 87.2 87.3 76,0 65.3 EDT I GNI(%) 41.1 60,5 26.5 26.8 25.7 27.1 25.3 22.1 TOS I XGS (%) 20.7 27.0 30,4 25.5 23.3 21.7 22.5 17.2 INT I XGS (%) 13.4 11.2 7.3 6.8 5.9 5.5 4.7 3.9 INT I GNI(%) 2.9 4.0 2.5 2.1 1.7 1.7 1.6 1.3 RES I EDT(%) 9.8 10.3 23.7 27.5 31.0 34.7 37.7 44.3 RES / MGS (months) 1.9 2.1 2,0 2.6 3.0 3.5 3.3 3.4 Short-term I EDT (%) 15.4 22.6 12.6 8.9 6.0 5,4 5.3 3.9 Concessional / EDT (%) 0.8 0.9 0.8 0.7 0.8 0.7 0.8 0.9 Multilateral I EDT (%) 13.7 11.3 11.5 103 10.7 10.5 10.0 10.0 264 MEXICO (US$ million, uiliess otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 81,809 112,250 131,381 148,321 153,759 160,791 161,262 160,649 Public and publicly guaranteed 75,974 93,902 81,488 94,230 99,821 106,963 108,810 108,786 Official creditors 22,621 38,997 20,850 19,863 20,538 20,607 19,601 19,1ll Multilateral 14,302 18,636 17,238 16.751 17,506 17.891 16,995 16,781 Concessional 60 17 0 0 0 0 0 0 Bilateral 8.318 20,361 3,612 3,112 3,032 2,716 2,605 2,330 Concessional 822 1,526 1,185 1,100 1,299 1,265 1,419 1,454 Private creditors 53,353 54,904 60,639 74,367 79,283 86356 89,210 89,675 of which: Bonds 40,100 45,287 52,212 49,914 48,293 48,884 51,154 46.539 Commercial banks 6,630 5,302 5,823 22,783 29,520 36,084 37,009 42,282 Private nonguaranteed 5,835 18,348 49,893 54,091 53,938 53,828 52,452 51,863 Bonds 150 13,026 20,644 20,181 19,079 18,607 15,419 19,442 Commercial banks and other 5,685 5,323 29,250 33,910 34,858 35,221 37,033 32,421 Memo: !BRD 11,030 13,823 11,444 10,883 10,797 10,717 9,567 9,184 IDA 0 0 0 0 0 0 0 0 Public sector LDOD 75,595 93,471 81,210 93,937 99,544 106,750 108,686 108,752 Private sector LDOD 6,214 18,779 50,171 54,384 54,215 54,040 52,576 51,897 DISBURSEMENTS 12,045 29,678 32,589 53,341 35,431 36,959 40,316 34,570 Public and publicly guaranteed 9,985 23,399 11,483 31,030 16,937 20,878 19,863 15,817 Official creditors 5,454 13,426 2,855 1,639 2,629 2,438 2,151 2.339 Multilateral 3,647 2,663 2,534 1,388 2,244 2,276 L737 1,946 Concessional 0 0 0 0 0 0 0 0 Bilateral 1,807 10,763 322 252 386 162 414 393 Concessional 636 10 4 10 231 99 297 260 Pri vate creditors 4,532 9.973 8,628 29,391 14,308 18,439 17,712 13,478 of which: Bonds 975 7,059 6,826 9,600 4,367 7,676 8,103 2,135 Commercial banks 2,552 1,699 1,638 19,619 9,847 10,538 9,412 11,301 Private nonguaranteed 2,060 6,279 21,106 22,311 18,494 16,081 20,453 18,753 Bonds 150 843 3,346 1,685 2.504 2,505 3,922 6,669 Commercial banks and other 1,910 5,435 17,760 20,626 15,991 13,576 16.531 12,084 Memo: !BRD 3,326 1,732 1,748 749 1,247 1,258 767 997 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 2,821 14,165 38,952 34,683 32,656 31,493 39,769 33,899 Public and publicly guaranteed 2,625 9,136 16,328 16,827 12,592 15,469 18,104 14,882 Official creditors 1,286 3,072 3,377 2,310 2,380 2,769 3.355 2,534 Multilateral 1,037 1,714 1,816 1,648 1,733 2,131 2,712 1,982 Concessional 13 7 I 0 0 0 0 0 Bilateral 249 1,358 1,561 662 647 638 643 553 Concessional 0 100 107 95 118 132 194 156 Private creditors \,339 6,064 12,950 14,517 10,212 12,700 14,749 12,347 of which: Bonds 464 3,534 9,256 10,788 6,688 8.428 6,818 6,997 Commercial banks 185 1,623 2,870 2,743 3,178 3,911 7,573 5,175 Private nonguaranteed 196 5,029 22,625 17,856 20,064 16,024 21,665 19,017 Bonds 0 610 3,552 2,148 4,082 2,985 7,110 2,645 Commercial banks and other 196 4,419 19,072 15,708 15,983 13,039 14,556 16,372 Memo: !BRD 801 1,411 1,330 1,309 1,334 1,338 1,917 1,379 IDA 0 0 0 0 0 0 0 0 INTEREST PAYMENTS (LINT) 5,797 7,645 11,983 11,785 10,626 10,331 10,167 9,646 Public and publicly guaranteed 5,215 6,239 7,763 7,333 6,388 6,453 6,445 6,765 Official creditors 1,378 2,659 1,553 1,428 1,227 1,087 939 860 Multilateral 1,005 1,291 1,275 1,252 1,109 994 864 782 Concessional 2 I 0 0 0 0 0 0 Bilateral 373 1,368 278 177 118 93 75 78 Concessional 8 69 44 39 35 34 36 44 Private creditors 3,838 3,579 6,210 5,905 5,161 5366 5,506 5,904 of which: Bonds 1,112 2,906 4,283 4,106 4,036 4,127 3,984 3,961 Commercial banks 2,195 346 1,333 1,222 1,056 1,190 1,485 1,91l Private nonguaranteed 582 1,407 4,220 4,452 4,238 3,877 3,722 2,881 Bonds 0 1,054 1,620 1,752 1,540 1,363 1,230 957 Commercial banks and other 582 353 2,600 2,700 2,698 2,515 2,492 1,924 Memo: !BRD 751 961 890 864 737 613 524 449 IDA 0 0 0 0 0 0 0 0 265 MEXICO (US$ million, unless otherwise indicated) 2004 2005 Euro 0.9 0.9 0.3 1.3 1.1 Japanese yen 6.3 8.3 7.6 5.3 3.8 3.7 2.6 1.8 Pound sterling 1.4 0.7 0.2 0.1 0.2 0.2 0.2 0.1 Swiss franc 0.6 0.4 0.0 0.1 0.2 0.2 0.2 0.2 U.S.dollars 64.3 65.2 85.0 90.3 92.1 93.6 94.3 95.8 ''/. DEBT RESTRUCTURINGS Total amount rescheduled 36,950 0 0 0 23 20 0 0 Debt stock rescheduled 36,100 0 0 0 0 0 0 0 Principal rescheduled 570 0 0 0 0 0 0 0 Official 382 0 0 0 0 0 0 0 Private 188 0 0 0 0 0 0 0 Interest rescheduled 204 0 0 0 0 0 0 0 Official 132 0 0 0 0 0 0 0 Private 72 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 8,145 306 7,122 8,832 849 0 0 0 of which debt 0 13 6,644 8,400 849 0 0 0 $.DJ$I''f STOCK·FLOW RECONClL~troN Total change in debt stocks 10,601 26,833 -16,150 12,564 781 6,311 382 -3,124 Net flows on debt 17,637 25,635 -15,792 14,282 -1,881 4,744 458 -1,840 Cross-currency valuation 3,254 513 -2,376 -982 981 977 1,428 -89 ,), AyERAGE TERMS OF NEW CO~ENTS ALL CREDITORS Inlerest (%) 8.6 8.0 7.7 7.2 6.3 5.4 5.7 6.2 Maturity (years) 13.4 7.1 11.0 16.4 16.5 13.2 15.0 \5.0 Grace period (years) 5.4 2.7 7.9 10.2 9.4 9.8 10.1 6.8 Grant element (%) 7.3 6.6 10.6 16.7 21.1 21.1 23.5 21.6 Official creditors Interest (%) 7.8 9.1 5.4 5.6 4.1 2.2 2.1 4.0 Maturity (years) 15.6 9.3 14.8 \9.0 17.9 13.6 12.2 20.4 Grace period (years) 4.5 2.9 4.8 5.0 4.8 7.1 3.7 4.6 Grant element (%) 12.3 5.5 27.0 26.2 34.6 45.4 38.8 38.7 Private creditors Interest (%) 9.4 6.2 8.4 7.3 6.9 5.6 6.2 6.7 Maturity (years) 11.5 3.6 9.7 16.2 16.1 13.1 15.4 13.6 Graee period (years) 6.1 2.5 8.8 10.5 10.6 9.9 10.9 7.3 Grant element (%) 2.9 8.4 5.3 16.1 17.5 20.0 21.5 17.3 1.;CO~t'ftTAJ:.,O.BIJ~AnONS ON OUTSTANllINGLDNG~:gtRMDEJ'f 2006 2007 2008 2009 2010 TOTAL Principal 22,566 12.377 17.005 19.991 16,763 9,264 8,206 13.028 Interest 8,062 7,853 7,914 6,691 5,510 4,716 4,113 4,258 Official creditors Principal 2,502 2,015 \,869 2,768 1,622 2,032 1,684 1,935 Interest 962 888 823 752 638 547 453 363 Bilateral creditors Principal 610 321 339 281 227 216 210 152 Interest 105 88 79 68 56 46 36 28 Multilateral creditors Principal 1,891 1,694 1,530 2,486 1,395 1,816 1,474 1,783 Interest 857 800 743 684 582 501 417 336 Private creditors Principal 20,065 10.362 15,136 \7,224 15,140 7232 6,522 11,092 Interest 7,100 6,965 7.092 5,939 4,872 4,169 3,660 3,895 Notes: Short-tenn debt for 2005 is based on reports provided by the country. The increase in 1995 in long-tenn debt includes the stock transfer of the "Tesobonos." Stocks and flows were revised beginning 2000 to reflect the full coverage of PIDlREGAS debt as opposed to partial coverage as it was the case in previous publications. 266 MOLDOVA (US$ million, unless otherwise indicated) 1995 2000 2001 >l·~~Y:,J;ttJJT.l1A1,'l\; TOTAL DEBT STOCKS (EDT) 695 1,693 1,641 1,805 1,941 1,946 2,053 Long-term debt (LDOD) 459 1,050 1,059 1,164 1,258 1,227 1,240 Public and publicly guaranteed 450 853 792 826 848 754 700 Private nonguaranteed 9 197 267 338 410 473 540 Use or IMF credit 230 154 146 152 143 126 95 Short-term debt 6 489 436 489 541 592 718 of which interest arrears on LDOD 5 22 i3 37 46 34 56 Official creditors 5 13 4 7 11 11 26 Private creditors 0 9 9 30 35 23 29 Memorandum items Principal arrears on LDOD 42 33 27 44 75 54 78 Official creditors 42 18 4 18 27 17 27 Private creditors 0 15 23 26 49 37 51 TOTAL DEBT FLOWS Disbursements 230 176 106 139 95 223 237 Long-tenn debt 166 164 94 127 95 223 237 IMF purchases 64 12 12 12 0 0 0 Principal repayments 41 82 106 185 110 231 184 Long-term debt 41 58 92 167 88 209 163 LrvrF repurchases 0 25 14 18 22 22 22 Net flows on debt 189 560 -45 -17 28 55 157 of which short-tenl1 debt 0 465 -44 29 43 63 104 Interest payments (INT) 29 68 68 59 49 74 66 Long-term debt 19 47 48 42 32 56 42 hVlF charges 10 8 6 4 2 3 3 Short-term debt 0 14 13 13 IS 15 21 Net transfers on debt 159 491 -113 -76 -21 -19 91 Total debt service paid (TDS) 71 150 175 244 159 305 250 Long-term debt 61 104 140 209 120 265 205 IMF repurchases and charges 10 33 21 21 24 24 24 Short-term debt (interest only) 0 14 13 13 15 15 21 NET RESOURCE FLOWS 150 274 113 78 125 137 375 Net flow of long-term debt (ex. IMP) 124 107 2 -40 8 14 74 Foreign direct investment (net) 26 128 55 84 74 86 199 Portfolio equity flows -I 3 3 2 I -1 I Grants (excluding technical coop.) 0 37 54 32 43 39 102 Memo: technical coop. grants 0 44 41 76 54 58 60 NET TRANSFERS 130 225 44 22 68 32 283 Interest on long-term debt 19 47 48 42 32 56 42 Profit remittances on FDI 0 3 21 13 25 50 50 Gross national income (GND 1,724 1,310 1,576 1,772 2.215 2,932 3,276 Exports of goods, servo & inc. (XGS) 899 833 990 1,207 1.552 2,060 2,463 Worker remit. & compo of employees 1 179 243 324 487 705 920 Imports of goods & services (MGS) 1,038 1,089 1,167 1,368 1,839 2,258 2,879 International reserves (RES) 257 222 229 269 302 470 597 Current account balance -85 -98 -27 -20 -135 -53 -242 EDT /XGS (%) 77.3 203.2 165.8 149.5 125.1 94.5 83.4 EDT I GNI(%) 40.3 129.2 104.1 101.9 87.7 66.4 62.7 TDS /XGS (%) 7.9 18.1 ]7,6 20.2 10.3 14.8 10.2 !NT I XGS (%) 3.3 8.2 6.9 4.9 3.2 3.6 2.7 !NT / GNI(%) 1.7 5.2 4.3 33 2.2 2.5 2.0 RES / EDT (%) 37.0 13.1 13.9 14.9 15.6 24.2 29.1 RES! MGS (months) 3.0 2.5 2.4 2.4 2.0 2.5 2.5 Short-term I EDT (%) 0.9 28.9 26.5 27.1 27.9 30.4 35.0 Concessionall EDT (%) 14.6 12.2 12.6 14.6 15.8 18.0 17.1 Multilateral I EDT (%) 31.1 24.0 24.2 23.7 23.1 23.1 20.0 267 MOLDOVA rusS million, unless otherwise indicated) 1995 2000 2001 2002 2003 2004 DEBT OUTSTANDING (LDOD) 459 1,050 1,059 1,164 1,258 1,227 1,240 Public and publicly guaranteed 450 853 792 826 848 754 700 Official creditors 430 746 725 767 794 712 666 Multilateral 216 406 397 428 448 449 411 Concessional 0 104 114 147 180 209 218 Bilateral 214 340 328 339 346 263 255 Concessional WI 102 93 116 126 141 133 Private creditors 19 107 67 59 54 42 34 of which: Bonds 0 75 40 36 34 32 25 Commercial banks 4 12 12 7 9 10 7 Private nonguaranteed 9 197 267 338 410 473 540 Bonds 0 0 0 0 0 0 0 Commercial banks and other 9 197 267 338 410 473 540 Memo: lBRD 152 191 181 186 190 185 161 IDA 0 103 113 145 175 201 209 Public sector LDOD 450 842 783 822 847 754 700 Private sector LDOD 9 208 277 342 411 473 540 DISBURSEMENTS 166 164 94 127 95 223 237 Public and publicly guaranteed 159 54 30 36 24 24 26 Official creditors 139 52 30 36 24 24 26 Multilateral 81 50 30 35 22 21 25 Concessional 0 30 15 24 18 19 25 Bilateral 58 I 0 1 2 2 1 Concessional 58 0 0 I 2 2 1 Private creditors 19 2 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 4 0 0 0 0 0 0 Private nonguaranteed 7 110 64 91 71 199 211 Bonds 0 0 0 0 0 0 0 Commercial banks and other 7 110 64 91 71 199 211 Memo: lBRD 50 6 4 4 2 2 0 IDA 0 30 14 22 16 17 24 PRINCIPAL REPA YMENTS 41 58 92 167 88 209 163 Public and publicly guaranteed 39 30 61 85 47 79 43 Official creditors 39 27 32 41 41 74 36 Multilateral 35 22 24 32 36 36 36 Concessional 0 0 0 0 0 0 0 Bilateral 4 5 8 9 4 38 0 Concessional 0 5 6 5 2 0 0 Private creditors 0 3 29 44 6 6 7 of which: Bonds 0 0 25 44 2 2 6 Commercial banks 0 0 0 0 1 0 1 Private nonguaranteed 2 28 31 82 41 130 120 Bonds 0 0 0 0 0 0 0 Commercial banks and other 2 28 31 82 41 \30 120 Memo: lBRD 0 5 7 9 11 13 13 IDA 0 0 0 0 0 0 0 INTEREST PAYMENTS (LINT) 19 47 48 42 32 56 42 Public and publicly guaranteed 19 40 40 26 20 32 22 Official creditors 19 28 32 23 17 28 20 Multilateral 11 18 18 13 11 10 10 Concessional 0 I I I 1 2 2 Bilateral 8 10 14 10 5 18 10 Concessional 2 3 3 3 2 3 3 Private creditors 0 11 9 3 3 4 2 of which: Bonds 0 7 7 2 2 2 2 Commercial banks 0 0 0 0 0 0 0 Private nonguaranteed 0 7 8 16 12 24 20 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 7 8 16 12 24 20 Memo: lBRD 8 II 10 8 7 6 6 IDA 0 1 1 1 1 2 2 268 MOLDOVA (US$ million, unless othelWise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 10.0 10.6 10.3 10.3 7.9 Japanese yen 8.4 3.4 3.0 2.9 3.0 3.5 3.3 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.doliars 22.8 66.9 68.4 68.3 68.5 66.0 68.7 Total amount rescheduled 0 246 0 68 3 18 0 Debt stock rescheduled 0 19 0 9 0 3 0 Principal rescheduled 0 94 0 12 3 14 0 Official 0 76 0 I 0 14 0 Private 0 18 0 11 3 0 0 Interest rescheduled 0 6 0 2 0 0 0 Official 0 5 0 I 0 0 0 Private 0 0 0 1 0 0 0 Debt forgiven 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 Debt stock reduction 0 0 35 0 0 59 0 of which debt 0 0 25 0 0 0 0 Total change in debt stocks 193 671 -52 164 137 4 107 Net flows on debt 189 560 -45 -17 28 55 157 valuation -9 -32 -24 48 60 27 -47 ALL CREDITORS Interest (%) 6.9 1.1 0.8 0.8 0.8 0.8 1.S Maturity (years) 9.8 35.4 36.1 39.9 39.9 38.1 28.9 Grace period (years) 3.0 9.4 9.2 10.4 10.4 9.8 7.4 Grant element (%) 13.1 74.8 78.0 80.8 80.8 78.5 60.7 Official creditors Interest (%) 6.9 0.4 0.8 0.8 0.8 0.8 1.5 M aturi ty (years) 10.6 39.7 36.1 39.9 39.9 38.1 28.9 Grace period (years) 3.3 10.2 9.2 10.4 10.4 9.8 7.4 Grant element (%) 14.0 83.4 78.0 80.8 80.8 78.5 60.7 Private creditors Interest (%) 7.0 5.9 0.0 0.0 0.0 0.0 0.0 Maturity (years) 6.0 3.2 0.0 0.0 0.0 0.0 0.0 Grace period 1.5 3.2 0.0 0.0 0.0 0.0 0.0 Grant element 8.1 10.4 0.0 0.0 0.0 0.0 0.0 TOTAl, Principal 232 112 1I0 l32 110 63 53 57 Interest 55 45 36 33 27 17 11 10 Official creditors Principal 48 45 46 48 47 44 45 45 Interest 23 20 18 16 13 11 9 7 Bilateral creditors Principal 21 21 21 21 22 22 23 23 Interest 11 10 9 8 6 5 4 3 Multilateral creditors Principal 27 24 25 27 26 22 22 22 Interest 12 10 9 8 7 6 5 4 Private creditors Principal 184 67 64 85 63 19 8 12 Interest 32 24 18 17 14 6 2 4 Notes: Short-term debt data are based on government statistics and World Bank staff estimates. 269 MONGOLIA (US$ million, unless otherwise indicated) 2000 TOTAL DEBT STOCKS (EDT) 531 896 885 1,036 1,472 1,518 1,327 Long-term debt (LDOD) 472 833 824 949 1,137 1,307 1,267 Public and publicly guaranteed 472 833 824 949 1.137 1,307 1,267 Private nonguaranteed 0 0 0 0 0 0 0 Use of IMF credit 47 50 47 43 50 44 35 Short-term debt 12 13 14 44 285 167 25 of which interest arrears on LDOD 0 2 3 3 3 0 0 Official creditors 0 2 3 3 3 0 0 Private creditors 0 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 4 17 15 15 15 27 8 Official creditors I 17 15 15 15 27 8 Private creditors 3 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 101 83 88 82 122 128 91 Long-term debt 101 75 82 82 III 128 91 UvlF purchases 0 8 5 0 11 0 0 Principal repayments 42 28 35 40 274 20 25 Long-term debt 32 22 28 32 265 13 19 IMF repurchases 9 6 7 8 9 7 6 ~et flows on debt 67 45 53 72 89 -7 -76 of which short -term debt 8 -9 0 30 241 -115 -142 Interest payments (INT) 10 10 10 12 14 21 20 Long-term debt 9 9 10 12 12 14 15 IMFcharges 1 0 () 0 () 0 0 Short-term debt () 1 () () 2 7 5 Net transfers on debt 57 3S 42 60 7S -28 -96 Total debt service paid (TDS) S2 39 45 52 288 41 45 Long-term debt 41 31 38 44 277 27 34 IMF repurchases and charges 11 7 7 8 9 7 6 Short-term debt (interest only) 0 I 0 0 2 7 5 NET RESOURCE FLOWS 153 189 165 19S 4S 280 315 Net flow of long-term debt (ex. IMF) 68 53 54 50 -154 115 72 Foreign direct investment (net) 10 54 43 78 132 93 182 Portfolio equity flows 0 0 0 () 0 0 () Grants (excluding technical coop.) 74 82 67 68 67 72 61 Memo: technical coop. grants 56 61 66 69 77 74 86 NET TRANSFERS 126 171 149 178 27 257 300 Interest on long-term debt 9 9 10 12 12 14 15 Profit remittances on FDI 18 9 6 5 5 10 ° Gross national income (GND \,201 940 1,014 1,113 1,263 1,601 1.830 Exports of goods, servo & inc. (XGS) 511 639 677 778 978 1,422 Worker remit. & compo of employees 0 12 25 56 129 202 202 Imports of goods & services (MGS) 550 791 846 965 \,l09 J ,432 International reserves (RES) 158 202 257 398 243 250 430 Current account balance 39 -70 -62 -105 -99 63 EDT/XGS (%) 103.8 140.4 130.8 133.1 150.6 106.7 EDT IGNI (%) 44.2 95.4 87.2 93.1 116.6 94.8 72.5 TDS/XGS(%) 10.2 6.1 6.7 6.7 29.5 2.9 tNT I XGS (%) 2.0 1.6 1.5 1.6 1.5 1.5 !NT IGNI(%) 0.8 I.J 1.0 I.J 1.1 1.3 1.1 RES I EDT (%) 29.7 22.5 29.0 38.5 16.5 16.5 32.4 RES I MGS (months) 3.4 3.1 3.6 5.0 2.6 2.1 Short-term I EDT (%) 2.2 1.4 1.6 4.3 19.4 11.0 1.9 Concessional / EDT (%) 68.3 91.2 91.5 90.3 76.3 85.2 94.5 Multilateral/EDT (%) 32.0 51.5 54.6 54.8 46.7 53.3 59.3 270 MONGOLIA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 472 833 824 949 1,137 1,307 1,267 Public and publicly guaranteed 472 833 824 949 1,137 1,307 1,267 Official creditors 404 831 823 948 1,137 1,306 1.266 Multilateral 170 462 483 567 688 810 787 Concessional 170 462 483 567 688 810 787 Bilateral 234 369 339 381 449 497 479 Concessional 193 356 326 368 436 484 466 Private creditors 68 3 I 1 I 0 0 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 15 I I I I 0 0 Private nonguaranteed 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 IDA 59 137 155 181 227 287 277 Public sector LDOD 451 832 824 949 1,137 1,307 1,267 Private sector LDOD 22 1 0 0 0 0 0 DISBURSEMENTS 101 75 82 82 111 128 91 Public and publicly guaranteed 101 75 82 82 111 128 91 Official creditors 95 75 82 82 111 128 91 Multilateral 58 47 55 42 72 93 48 Concessional 58 47 55 42 72 93 48 Bilateral 37 28 28 40 39 36 43 Concessional 33 28 28 40 39 36 43 Private creditors 6 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 IDA 8 14 23 14 29 49 14 PRINCIPAL REPA YMENTS 32 22 28 32 265 13 19 Public and publicly guaranteed 32 22 28 32 265 13 19 Official creditors 13 19 27 32 265 13 19 Multilateral 0 0 0 I 2 4 6 Concessional 0 0 () I 2 4 6 Bilateral 13 19 27 31 264 9 13 Concessional 0 16 27 31 264 9 13 Private creditors 19 3 I 0 0 0 0 of which: Bonds () 0 0 0 0 () 0 Commercial banks 5 () 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 Bonds () 0 0 0 0 0 () Commercial banks and other 0 0 0 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 IDA 0 0 0 1 1 I 2 INTEREST PAYMENTS (LINT) 9 9 10 12 12 14 15 Public and publicly guaranteed 9 9 10 12 12 14 15 Official creditors 5 9 10 12 12 14 15 Multilateral 1 4 4 5 6 7 7 Concessional I 4 4 5 6 7 7 Bilateral 4 5 6 7 6 7 8 Concessional 2 5 6 7 6 7 8 Pri vate credi tors 4 0 0 () 0 () 0 of which: Bonds () 0 0 () () 0 () Commercial banks 1 0 0 0 0 0 () Private nonguaranteed () 0 0 () 0 0 0 Bonds () 0 0 0 () () 0 Commercial banks and other () 0 0 0 0 0 0 Memo: IBRD () 0 0 0 0 0 0 IDA 0 1 I 1 1 2 2 271 MONGOLIA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 5.6 6.5 7.9 8.0 7,6 Japanese yen 26.5 25,0 23,5 23.6 23,2 22,4 21,4 Pound sterling 0.0 0,0 0,0 0,0 0.0 0.0 0.0 Swiss franc 2.3 0.7 0.7 0.8 0,7 0,7 0.6 U.S,dollars 38.1 35,8 38,4 38.3 39.9 42.9 44.5 Total amount rescheduled Debt stock rescheduled Principal rescheduled 0 0 0 0 ° 0 0 0 0 0 0 0 0 0 0 ° 0 0 ° 0 0 Official 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 Total change in debt stocks 66 -18 -11 151 436 46 -191 Net flows on debt 67 45 53 72 89 -7 -76 0 -60 -63 75 103 51 -117 ALL CREDITORS Interest (%) 2,2 1.2 1.0 1.2 1.2 0.8 1.1 Maturity (years) 35.3 31.9 34,0 33.5 22.3 39.9 31.7 Grace period (years) 10, I 9.3 9.1 8,S 6,0 10.0 7,7 Grant element (%) 65,4 72.6 74,4 71.8 57.7 80.S 70,0 Official creditors Interest (%) 2.2 1.2 1.0 1.2 1.2 0,8 LI Maturity (years) 35.3 31.9 34.0 33,5 30.2 39.9 31.7 Grace period (years) 10.1 9,3 9,1 8.S 8,4 10,0 7.7 Grant element (%) 6S,4 72.6 74.4 71.8 70.2 80.S 70.0 Private creditors Interest (%) 0.0 0.0 0.0 0.0 1.2 0.0 0.0 Maturity (years) 0.0 0.0 0.0 0.0 10,4 0.0 0.0 Grace period 0.0 0.0 0.0 0.0 2,4 0.0 0.0 Grant element 0,0 0,0 0.0 0.0 38,8 0.0 0.0 2006 2007 2008 2009 2010 2011 2012 TOTAL Principal 48 43 43 46 49 56 59 60 Interest 18 19 19 19 18 18 17 16 Official creditors Principal 45 40 40 43 45 52 56 56 Interest 18 19 19 19 18 18 17 16 Bilateral creditors Principal 36 26 22 23 23 27 27 27 Interest 7 7 6 6 6 5 5 5 Multilateral creditors Principal 9 13 18 20 23 25 28 30 Interest 11 12 12 13 13 12 12 12 Private creditors Principal 3 3 3 3 3 3 3 3 Interest 0 0 0 0 0 0 0 a Notes: Country data have been revised from 1999-2001. Rescheduling: Mongolia reached an agreement with Russia on December 30, 2003 to settle its Transferable Rubles (TR) debt valued at US$1 1.4 billion. The agreement consists of 97.8 percent up-front debt forgiveness, with a US$2S0 million residual cash settlement, much of which was borrowed either domestically or externally. and part of it was financed from the country's international reserves. 272 MOROCCO (US$ million. unless otherwise indicated) 2000 TOTAL DEBT STOCKS (EDT) 25.004 23,771 20,713 19,163 18,399 18,910 17,640 16,846 Long-term debt (LDOD) 23,847 23,521 19,140 17,476 16,696 17,657 17,461 16,164 Public and publicly guaranteed 23,647 23.190 17.278 15,723 14,784 15,164 14,863 13,113 Private nonguaranteed 200 331 1,862 1,753 1,912 2,493 2,598 3,051 Use of IMF credit 750 52 0 0 0 0 0 0 Short-term debt 407 198 1,573 1,687 1,703 1,253 179 682 of which interest arrears on LDOD 182 92 122 122 122 11 II 0 Official creditors 182 92 122 121 121 11 11 0 Private creditors 0 0 1 1 0 0 0 0 Memorandum items Principal arrears on LDOD 738 138 535 535 533 8 12 0 Official creditors 738 136 531 531 531 8 12 0 Private creditors 0 2 4 4 2 0 0 0 TOTAL DEBT FLOWS Disbursements 1,853 2,309 1,638 1,189 1,447 2,218 1,199 2,454 Long-tenn debt 1,788 2,309 1,638 1J89 1,447 2,218 1,199 2,454 IMP purchases 65 0 0 0 0 0 0 0 Principal repayments 908 2,368 1,627 1,651 2,587 2,965 2,378 2,122 Long-tenn debt 680 2,268 1,627 1,651 2,587 2,965 2,378 2,122 IMF repurchases 228 100 0 0 0 0 0 0 Net flows on debt 1,032 -81 -444 -348 -1,124 -1,085 -2,253 845 of which shorHenn debt 86 -22 -455 114 16 -339 -1,074 514 Interest payments (INT) 887 1,391 1,075 1,004 1,122 1,329 617 596 Long-term debt 795 1,360 949 934 1,078 1,298 592 575 IMF charges 72 7 0 0 0 0 0 0 Short-term debt 20 24 127 70 44 31 25 22 Net transfers on debt 145 -1,472 -1,519 -],352 -2,246 -2,414 -2,870 249 Total debt service paid (TDS) 1,795 3,759 2,702 2,655 3,709 4,294 2,996 2,718 Long-term debt 1,475 3,628 2,576 2,585 3,665 4,263 2,971 2,697 IMP repurchases and charges 300 107 0 0 0 0 0 0 Short-term debt (interest only) 20 24 127 70 44 31 25 22 NET RESOURCE FLOWS 1,753 254 441 ·151 ·905 1,804 618 2,327 Net flow of long-ternl debt (ex. IMp) 1,108 41 11 -462 -1,140 -746 -1.179 331 icoreign direct investment (net) 165 92 221 144 79 2,313 787 1,552 Portfolio equity flows 0 20 18 -7 -8 8 597 64 Grants (excluding technical coop.) 480 100 191 174 163 230 413 380 Memo: technical coop. grants 182 266 192 211 283 350 380 386 NET TRANSFERS 889 -1,207 -776 -1,486 ·2,465 -88 -644 1,227 Interest on long-term debt 795 1,360 949 934 1.078 1.298 592 575 Profit remittances on FDI 69 101 268 401 482 594 670 525 Gross national income (GNl) 24,835 31,668 32,462 33,068 35,355 43,024 49,354 51,300 Exports of goods, servo & inc. (XGS) 8,328 11,265 12,890 14,758 15,453 18,234 21,358 24,066 Worker remit. & compo of employees 2,006 1,970 2,161 3,261 2,877 3,614 4,221 4,589 hnports of goods & services (MGS) 8,853 12,812 13,686 13,441 14,429 17,140 21,035 23,742 International reserves (RES) 2,338 3,874 5,017 8,669 10.375 14,147 16,647 ) 6,551 Current account balance -196 -1,186 -475 1,611 1,477 1,582 970 1,110 EDT I XGS (%) 300.2 211.0 160.7 129.9 119.1 103.7 82.6 70.0 EDT I GNI (%) 100.7 75.1 63.8 57.9 52.0 44.0 35.7 32.8 TDS I XGS (%) 21.5 33.4 21.0 18.0 24.0 23.5 14.0 11.3 INT I XGS (%) 10.7 12.3 8.3 6.8 7.3 7.3 2.9 2.5 tNT I GNI (%) 3.6 4.4 3.3 3.0 3.2 3.1 1.3 1.2 RES I EDT (%) 9.3 16.3 24.2 45.2 56.4 74.8 94.4 98.2 RES I MGS (months) 3.2 3.6 4.4 7.7 8.6 9.9 9.5 8.4 Short-term I EDT (%) 1.6 0.8 7.6 8.8 9.3 6.6 1.0 4.0 Concessionall EDT (%) 318 27.7 29.5 30.1 31.6 28.6 30.3 28.5 Multilateral I EDT (%) 18.7 29.1 29.4 29,9 30.9 30.5 34.1 34.9 273 MOROCCO (US$ million, unless otherwise indicated) DEBT OUTSTANDING (LDOD) 23,847 23,521 19,140 17,476 16,696 17,657 17,461 16,164 Public and publicly guaranteed 23,647 23,190 17,278 15,723 14,784 15,164 14,863 13,113 Official creditors 16,968 16,875 12,791 11,756 11,722 11,689 11.803 10,730 Multilateral 4,687 6,913 6,096 5,723 5,691 5,764 6,015 5,873 Concessional 405 642 1,000 981 984 962 987 1,046 Bilateral 12,280 9,962 6,694 6,033 6,031 5,924 5,787 4,856 Concessional 7,556 5,949 5,115 4,793 4,824 4,437 4,355 3,753 Private creditors 6,679 6,315 4,487 3,966 3,062 3,476 3,060 2,383 of which: Bonds 0 0 152 LI4 102 587 589 472 Commercial banks 3,963 4,234 3,300 2,995 2,192 2,095 1.832 1,481 Private nonguaranteed 200 331 1,862 1,753 1,912 2,493 2,598 3,051 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 200 331 1,862 1,753 1,912 2,493 2,598 3,051 Memo: ffiRD 3,099 3,966 2,837 2,500 2,549 2,719 2,524 2,258 IDA 39 33 27 25 24 22 21 20 Public sector LDOD 23,583 22,944 17,116 15,620 14,681 15,056 14,798 13,053 Private sector LDOD 264 577 2,023 1,856 2,015 2,600 2,663 3,111 DISBURSEMENTS 1,788 2,309 1,638 1,189 1,447 2,218 1,199 2,454 Public and publicly guaranteed 1,780 2,206 980 637 692 1,578 959 1,656 Official creditors 1,220 L521 629 542 602 845 848 1.559 Multilateral 781 1,008 466 367 483 637 647 Ll32 Concessional 39 102 61 55 95 93 91 149 Bilateral 439 513 164 175 118 208 201 427 Concessional 287 378 119 144 118 174 198 324 Private creditors 560 686 351 96 91 733 111 97 of which: Bonds 0 0 0 0 0 452 0 0 Commercial banks 190 224 143 15 47 169 91 74 Private Ilonguaranteed 8 103 658 552 754 640 240 798 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 8 103 658 552 754 640 240 798 Memo: ffiRD 426 426 138 61 45 142 129 262 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 680 2,268 1.627 1,651 2,587 2,965 2,378 2,122 Public and publicly guaranteed 672 2,238 1,588 1,593 1,958 2,524 2,093 1,865 Official creditors 430 1,638 922 1,065 1,335 1,694 1,454 1,303 Multilateral 276 625 550 529 797 1,239 803 689 Concessional 13 22 52 61 66 146 77 76 Bilateral 154 1,012 372 536 538 455 651 613 Concessiona1 33 266 234 310 392 303 503 506 Private creditors 242 600 666 528 623 830 639 562 of which: Bonds 0 0 30 29 31 37 40 41 Commercial banks 40 112 350 282 395 588 395 356 Private nonguaranteed 8 30 39 58 628 441 285 258 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 8 30 39 58 628 441 285 258 Memo: ffiRD 202 348 307 279 267 305 468 309 IDA I I I I 1 1 I I INTEREST PAYMENTS (LINT) 795 1,360 949 934 1,078 1,298 592 575 Public and publicly guaranteed 790 1,358 877 886 1,055 1,236 508 507 Official creditors 580 923 548 656 924 1,122 381 393 Multilateral 306 466 363 407 328 303 247 230 Concessional 7 20 32 78 34 37 37 44 Bilateral 274 457 185 248 596 819 134 162 Concessional 57 142 1I8 189 556 788 112 106 Private creditors 210 436 329 231 131 115 126 1I4 of which: Bonds 0 0 14 13 14 0 25 25 Commercial banks 45 259 228 153 64 64 58 65 Private nonguaranteed 5 2 71 48 23 62 85 68 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 5 2 71 48 23 62 85 68 Memo: ffiRD 226 282 190 173 145 126 104 87 IDA 0 0 0 () 0 0 0 0 274 MOROCCO (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 36.1 38.4 47.6 49.8 49.2 Japanese yen 2.2 3.8 3.3 3.4 4.0 4.8 5.1 4.8 Pound sterling 0.1 0.2 0.1 0.1 0.1 0.0 0.0 0.0 Swiss franc 0.2 0.1 OJ 0.2 0.2 0.2 0.1 0,1 U.S.doliars 40.1 27.2 37.6 37.1 34.8 28.0 25.2 22.7 Total amount rescheduled 4.118 0 0 0 0 0 0 0 Debt stock rescheduled 2,732 0 0 0 0 0 0 0 Principal rescheduled 590 0 0 0 0 0 0 0 Official 388 0 0 0 0 0 0 0 Private 203 0 0 0 0 0 0 0 Interest rescheduled 218 0 0 0 0 0 0 0 Official 136 0 0 0 0 0 0 0 Private 82 0 0 0 0 0 0 0 Debt forgiven 31 0 117 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 2,773 798 -2,260 -1,550 -764 511 -1,270 -795 Net nows on debt 1,032 -81 -444 -348 -1.124 -1,085 -2,253 845 valuation 1,097 757 -735 -555 1,357 1,459 673 -1,020 ALL CREDITORS Interest (%) 6.8 4.6 3.5 3,7 3.5 4.1 3.4 3.0 Maturity (years) 19.9 19.0 23.4 19.8 18.2 16.2 19,2 18.9 Grace period (years) 6.2 5.1 6.0 5.5 4,3 4,7 4,3 5.3 Gran t element (% ) 24.0 33,7 44.7 4L1 39.8 33.2 41.3 45.6 Official creditors Interest (%) 5.4 4.4 3.4 3.7 3,5 3,8 3.4 3,0 Maturity (years) 24.1 19.8 25.0 19.8 18.5 20.0 19.6 19.4 Grace period (years) 8.3 5.4 6.4 5.5 4.4 5.0 4.5 5.5 Grant element (%) 36.1 35.8 47.4 41.1 40.6 38.2 42.2 46.8 Private creditors Interest (%) 9.7 7.1 4.8 6.8 5.1 4.5 4.2 3.6 Maturity (years) 11.6 9.7 10.7 8.6 11.5 8.5 12.4 11.3 Grace period 2.1 1.5 2.8 2.4 0.4 4.1 0.5 1.2 Grant element 0.0 10.5 23.5 8.0 18.7 23.2 24.8 27.1 TOTAL Principal 2,502 2,312 2,685 2,153 1,937 1,156 1,081 974 Interest 778 709 632 517 426 345 304 266 Official creditors Principal 1.378 1,255 1,196 1,202 1.233 1,088 1,019 911 Interest SOl 486 461 422 378 331 293 257 Bilateral creditors Principal 602 613 600 575 588 456 417 358 Interest 209 199 182 162 140 118 103 91 Multilateral creditors Principal 776 642 596 627 645 632 602 553 Interest 292 287 279 261 238 213 189 166 Private creditors Principal 1,124 1,057 1,489 952 704 68 62 62 Interest 277 224 171 95 49 14 11 9 Notes: 275 MOZAMBIQUE (US$ million. unless otherwise indicated) 1995 2000 ·l,~l:'DEBTDAt;\ TOTAL DEBT STOCKS (EDT) 4,650 7,458 7).57 4,891 5,049 4,755 5,047 5,121 Long-term debt (LDOD) 4,231 6,978 6,459 4,137 4,414 4,116 4,407 4,419 Public and publicly guaranteed 4,211 5,209 4,742 2,587 2,902 3,207 3,596 3,727 Pri vale non guaranteed 19 1,769 U17 1,550 1,513 909 811 692 Use of IM.F credit 74 202 219 196 200 209 197 157 Short-term debt 345 279 578 558 434 430 442 545 of which interest alTcars on LDOD 207 250 413 285 308 368 390 457 Official creditors 76 245 404 277 307 364 386 452 Private creditors 131 5 9 9 I 4 5 5 Memorandum items Principal arrears on LDOD 725 1.086 762 496 496 518 528 541 Official creditors 373 1,074 749 493 495 516 526 539 Pri vate creditors 352 12 13 2 2 2 2 2 TOTAL DEBT FLOWS Disbursements 242 267 184 145 284 225 352 365 Long-term debt 230 267 125 134 273 213 350 360 IMF purchases 12 0 60 11 II 12 2 5 Principal repayments 41 85 64 71 51 60 53 62 Long-term debt 41 71 64 71 46 51 43 46 1\t!F repurchases 0 14 0 0 5 9 9 15 Net flows on debt 173 193 56 181 87 101 290 339 of which short-term debt -28 II -64 107 -146 -64 -10 36 Interest payments (INT) 38 77 32 19 27 25 30 32 Long-tenn debt 23 75 20 8 18 22 28 29 IMP charges 0 I 1 1 1 I I 0 Short-term debt 15 I 11 10 8 3 2 2 Net transfers on debt 136 116 24 163 61 75 259 308 Total debt service paid (TDS) 79 162 96 90 78 85 83 93 Long-term debt 64 145 84 79 64 73 71 76 IMF repurchases and charges 0 15 1 I 6 10 10 15 Short-term debt (interest only) 15 1 11 10 8 3 2 2 2;A~RE~Am~'I'.RŁS()Ull<:~FLtJWSAN»NET~~~O~~J NET RESOURCE FLOWS 948 1,011 926 976 2,394 1,106 1,367 1,207 Net flow oflong-term debt (ex. IMF) 189 196 61 63 227 162 306 314 Foreign direct investment (net) 9 45 139 255 348 337 245 108 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding tcchnical coop.) 750 770 726 658 1,820 607 816 785 Memo: technical coop. grants 92 233 173 165 199 225 209 205 NET TRANSFERS 925 936 906 948 2,349 1,042 1,172 893 Interest on long-term debt 23 75 20 8 18 22 28 29 Profit remittances on FOr 0 0 0 20 28 42 168 284 3. MMOR. ECONOMIC AGGREGATE$ Gross national income (GNI) 2,320 2,069 3,546 3,393 3.919 4,592 5,572 6,220 Exports of goods, serv. & inc. (XGS) 300 470 769 1,073 1.230 1,434 1,836 2,192 Worker remit. & compo of employees 70 59 37 42 53 70 58 57 Imports of goods & services (MGS) 1,l64 1,254 1,763 1,906 2,709 2,443 2,755 3,350 International reserves (RES) 232 195 742 727 825 948 1,159 1,103 Current account balance A15 -445 -764 -657 -869 -816 -607 -761 4. DEBT INDICATORS EDT IXGS ('!oj 1.550.9 1,585.6 944.0 455.9 410.4 331.6 274.8 233.7 EDT I GNI (%) 200.4 360.6 204.6 144.1 128.8 103.6 90.6 82.3 IDS I XGS ('!oj 26.2 34.5 12.5 8.4 6.3 5.9 4.5 4.2 INT I XGS (%) 12.6 16.4 4.2 1.7 2.2 1.8 1.7 1.4 INT I GNI (%j 1.6 3.7 0.9 0.5 0.7 0.6 0.5 0.5 RES I EDT (%) 5.0 2.6 10.2 14.9 16.3 19.9 23.0 21.5 RES I MGS (montbs) 2.4 1.9 5.1 4.6 3.7 4.7 5.0 4.0 Short-term I EDT ('Yo) 7.4 3.7 8.0 11.4 8.6 9.0 8.8 10.6 Concessionall EDT (%) 44.8 39.4 49.8 47.9 52.7 62.1 66.1 67.6 Multilateral I EDT (% ) 10.0 17.1 15.3 24.0 29.4 38.1 43.6 46.2 276 MOZAMBIQUE (US$ million, unless othern'ise indicated) 1990 1995 2000 2001 2003 2004 2005 DEBT OUTSTANDING (LDOD) 4,231 6,978 6,459 4,137 4,414 4,116 4,407 4,419 Public and publicly guaranteed 4,211 5,209 4,742 2,587 2,902 3,207 3,596 3,727 Official creditors 3,560 5,163 4,732 2,584 2,899 3,205 3,595 3,726 Multilateral 464 1,277 1,108 1,171 1,483 1,810 2,201 2,364 Concessional 405 1,196 1,070 1,134 1,452 1,780 2,166 2,315 Bilateral 3,097 3,886 3,624 1,413 1,416 1,395 1,393 1,362 Concessional 1.677 1.741 2,541 1,209 1,211 1,173 1,173 IJ48 Pri vate creditors 651 46 11 3 2 2 2 2 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 147 7 0 0 0 0 0 0 Private nonguaranteed 19 1,769 1,717 1,550 1,513 909 811 692 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 19 1,769 \,717 1,550 1,513 909 811 692 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 268 890 760 777 985 1,232 1,475 1,575 Public sector LOOD 4,211 5,209 4,742 2,587 2,902 3,207 3,596 3,727 Private sector LDOD 19 1.769 1,717 1,550 1,513 909 811 692 DISBURSEMENTS 230 267 125 134 273 213 350 360 Public and publicly guaranteed 210 231 125 134 273 213 350 360 Official creditors 186 231 125 134 273 213 350 360 Multilateral 95 219 122 124 240 203 342 358 Concessional 89 208 120 118 238 199 339 343 Bilateral 91 1l 3 10 33 10 8 3 Concessional 91 11 3 3 29 10 7 3 Private creditors 24 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nongnaranteed 20 36 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 20 36 0 0 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 74 160 97 52 149 156 190 227 PRINCIPAL REPAYMENTS 41 71 64 71 46 51 43 46 Public and publicly guaranteed 29 67 34 41 21 27 20 25 Official creditors 23 58 33 41 21 27 20 25 Multilateral 9 13 18 29 9 II 9 IS Concessional 4 6 8 19 6 7 8 15 Bilateral 13 45 15 12 12 16 11 10 Concessional 5 18 14 12 Il 12 7 7 Privatc creditors 7 9 I 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 3 0 1 0 0 0 0 0 Private nonguaranteed 12 3 30 30 25 24 23 21 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 12 3 30 30 25 24 23 21 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 0 0 2 3 2 2 4 5 INTEREST PAYMENTS (LINT) 23 75 20 8 18 22 28 29 Pnblic and publicly guaranteed 22 74 20 8 18 22 28 29 Official creditors 17 71 20 8 18 22 28 29 Multilateral 7 12 9 6 II 12 I7 20 Concessional 3 7 7 5 10 11 16 18 Bilateral 10 59 11 2 7 10 11 10 Concessional 6 12 10 2 7 9 10 9 Private creditors 6 3 0 0 0 0 0 0 of which: Bonds () 0 0 0 0 0 0 0 Commercial banks I 0 0 0 0 0 0 0 Private nonguaranteed 0 1 0 0 0 0 0 0 Bonds 0 () 0 0 0 0 0 0 Commercial banks and other 0 1 0 () 0 0 0 0 Memo: IBRD 0 0 () 0 0 0 I I IDA 1 6 4 4 5 6 I1 12 277 MOZAMBIQUE (US$ million, unless otherwise indicated) 1990 1995 ;WOO 2001 2002 2003 Euro 5,1 5,2 3.0 2.9 2.6 Japanese yen 1.8 1.8 1.8 1.5 1.4 1.4 1.3 I.l Pound sterling 2.4 2.1 2.1 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 52.8 60.4 69.2 75.8 74.2 75.4 73.3 71.4 Total amount rescheduled 386 66 0 270 0 3 0 0 Debt stock rescheduled 0 0 0 264 0 0 0 0 Principal rescheduled 225 162 0 2 0 0 0 0 Official 133 159 0 2 0 0 0 0 Private 92 2 0 0 0 0 0 0 Interest rescheduled 118 57 0 3 0 0 0 0 Official 83 57 0 3 0 0 0 0 Private 35 0 0 0 0 0 0 0 Debt forgiven 210 31 J 8 27 29 84 11 12 Memo: interest forgiven 14 12 3 252 5 5 2 1 Debt stock reduction 950 0 71 2.152 29 0 12 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 287 187 29 -2,366 158 -294 292 74 Net flows on debt 173 193 56 181 87 101 290 339 176 86 -262 -91 116 152 66 -171 ALL CREDITORS Interest (%) 1.4 0.9 0.8 0.7 0.9 0.8 0.8 0.7 Maturity (years) 34.6 36.8 46.7 40.8 35.7 41.9 35.9 39.8 Grace period (years) 9.2 9.3 12.9 10.8 9.3 9.7 8.8 9.5 Grant element (%) 71.2 76.4 82.9 S1.5 76.0 79.6 73.5 SO.2 Official creditors Interest (%) 1.3 0.9 O.S 0.7 0.9 0.8 0.8 0.7 Maturity (years) 34.8 36.8 46.7 40.8 35.7 41.9 35.9 39.8 Grace period (years) 9.2 9.3 12.9 10.8 9.3 9.7 8.8 9.5 Grant element (%) 71.7 76.4 82.9 81.5 76.0 79.6 73.5 80.2 Private creditors Interest (%) 9.0 0.0 0.0 0.0 0.0 0.0 0.0 0,0 Maturity (years) 4.9 0.0 0,0 0.0 0.0 o.n n.n 0.0 Grace period 2.9 0.0 0.0 o.n 0.0 0.0 0.0 0.0 Grant element 2.4 o.n n.o n.o n.n n.o 0.0 0.0 TOTAL Principal 122 13n 131 129 136 144 152 107 Interest 52 51 49 46 44 41 38 36 Official creditors Principal 106 114 114 113 121 127 134 88 Interest 48 47 45 43 41 38 35 33 Bilateral creditors Principal 79 78 73 68 67 67 68 16 Interest 24 22 20 17 15 13 11 9 Multilateral creditors Principal 28 36 41 45 53 60 66 72 Interest 24 25 25 26 25 25 24 24 Private creditors Principal 15 15 17 17 15 17 18 19 Interest 4 4 4 4 3 3 3 3 Notes: Data on long-term public and publicly guaranteed debt for 2005 are preliminary, based on reports provided by the country. Private nonguaranteed debt data are World Bank staff estimates and include private debt from Cahora Bassa. 278 MYANMAR (US$ million, unless otherwise indicated) 1995 2000 TOTAL DEBT STOCKS (EDT) 4,695 5,771 5.928 5,670 6,583 7,319 7,239 6,645 Long-term debt (LDOD) 4,466 5,378 5,242 5,007 5,391 5,857 5,647 5,196 Public and publicly guaranteed 4,466 5.378 5,242 5,007 5,391 5.857 5,647 5,196 Private non guaranteed 0 0 0 0 0 0 0 0 Use of IMF credit 0 0 0 0 Short-term debt of which interest arrears on IDOD ° 229 200 393 351 0 686 488 0 664 500 1,192 632 1,461 745 1,593 774 0 1,450 718 Official creditors 168 285 442 454 577 684 710 658 Private creditors 32 67 46 46 54 61 63 59 Memorandum items Principal arrears on LDOD 376 1.359 1,738 1,802 2,203 2,613 2,724 2,598 Official creditors 291 1,100 1,516 1,583 1,958 2,343 2,446 2,343 Private creditors 85 259 222 218 245 270 278 255 TOTAL DEBT FLOWS Disbursements 122 86 15 9 5 3 2 1 Long-term debt 122 86 IS 9 5 3 2 1 Th1F purchases 0 0 0 0 0 0 0 0 Principal repayments 46 180 71 70 94 93 93 81 Long-term debt 44 180 71 70 94 93 93 81 IMF repurchases 2 0 0 0 0 0 0 0 Net flows on debt 91 -74 ·16 -95 308 66 12 -167 of which short -term debt 14 20 41 -34 397 155 103 -87 Interest payments (Thi'T) 14 70 16 13 19 28 33 25 Long-tenn debt 13 68 4 5 8 14 13 10 IMF charges 0 0 0 0 0 0 0 0 Short-term debt 2 2 12 8 11 14 20 15 Net transfers on debt 76 ·144 ·31 -109 289 38 -21 -192 Total debt service paid (TDS) 60 250 87 84 113 121 125 107 Long-tenn debt 57 248 75 76 102 107 105 92 IMF repurchases and charges 2 0 0 0 0 0 0 0 Short-term debt (interest only) 2 2 12 8 11 14 20 15 NET RESOURCE FLOWS 278 350 247 213 139 232 207 313 Net flow of long-term debt (ex. IMF) 78 -95 -56 -61 -89 -90 ·91 -80 Foreign direct investment (net) 163 280 258 210 152 251 214 300 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (exeluding technical coop.) 37 J64 45 64 75 70 84 93 Memo: technical coop. grants 34 45 50 55 58 52 40 41 NET TRANSFERS 118 282 106 -320 -452 -534 -568 303 Interest on long-tenn debt 13 68 4 5 8 14 13 10 Profit remittances on fDr 147 0 137 528 583 752 762 0 Gross national income (GNI) Exports of goods, servo & inc. (XGS) 328 1,404 2,252 3,053 2.960 3,047 3,303 Worker remit. & compo of employees 6 81 104 117 106 85 117 117 Imports of goods & services (MGS) 797 2,146 2,662 3,354 2,951 3,102 3,244 International reserves (RES) 410 651 286 464 549 647 773 889 Current account balance -436 -261 -212 -154 97 -19 112 EDT/XGS (%) 1,433.2 411.0 263.3 \85.7 222.4 240.1 219.2 EDT IGNI (%) TDSI XGS (%) 18.4 17.8 3.9 2.7 3.8 4.0 3.8 !NT IXGS (%) 4.4 5.0 0.7 0.4 0.6 0.9 1.0 !NT I GNI(%) RES I EDT (%) 8.7 11.3 4.8 8.2 8.3 8.8 10.7 13.4 RES I MGS (months) 6.2 3.6 1.3 1.7 2.2 2.5 2.9 Short-term I EDT (%) 4.9 6.8 11.6 11.7 18.1 20.0 22.0 21.8 Concessionall EDT (%) 87.6 84.7 70.4 70.7 66.9 66.5 64.6 64.4 Multilateral I EDT (%) 26.3 23.1 19.4 20.0 18.5 17.9 17.8 18.5 279 MYANMAR (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 4,466 5,378 5,242 5,007 5,391 5,857 5,647 5,196 Public and publicly guaranteed 4,466 5,378 5,242 5,007 5,391 5,857 5,647 5,196 Official creditors 4,216 5,011 4,262 4,095 4,506 4,979 4,794 4,385 Multilateral 1,234 1,331 1,148 1,133 1,216 1,308 1,285 1,228 Concessional 1,228 1,328 1,148 1,133 1,216 1,308 1,285 1,228 Bilateral 2,982 3,680 3,114 2,962 3,290 3,672 3,508 3,158 Concessional 2,884 3,558 3,024 2,876 3,188 3,556 3,390 3,049 Pri vate creditors 250 367 980 911 884 878 853 810 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 546 546 546 546 546 546 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRD 0 0 0 0 0 0 0 0 IDA 716 777 684 693 729 762 774 752 Public sector LOOO 4,389 5,269 5,146 4,918 5,295 5,753 5,551 5,113 Private sector LOOD 77 109 95 88 96 104 96 83 DISBURSEMENTS 122 86 15 9 5 3 2 1 Public and publicly guaranteed 122 86 15 9 5 3 2 1 Official creditors 119 17 12 7 5 3 2 I Multilateral 68 0 I 2 1 I 1 0 Concessional 68 0 1 2 1 1 I 0 Bilateral 51 16 11 6 3 2 1 I Concessional 51 16 11 6 3 2 1 1 Pri vale creditors 3 69 3 2 I 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRD 0 0 0 0 0 0 0 0 IDA 57 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 44 180 71 70 94 93 93 81 Public and publicly guaranteed 44 180 71 70 94 93 93 81 Official creditors 33 147 2 6 34 57 61 55 Multilateral 15 25 2 2 2 2 2 2 Concessional 14 24 2 2 2 2 2 2 Bilateral 18 122 0 4 31 55 58 53 Concessional 18 122 0 4 31 55 58 53 Private creditors 11 34 69 65 61 35 32 26 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRO 0 0 0 0 0 0 0 0 IDA 3 9 0 0 0 0 0 0 INTEREST PAYMENTS (LINT) 13 68 4 5 8 14 13 10 Public and publicly guaranteed 13 68 4 5 8 14 13 10 Official creditors 10 66 0 2 7 13 12 10 Multilateral 10 13 0 0 0 0 0 0 Concessional 10 12 0 0 0 0 0 0 Bilateral 0 53 0 2 6 12 12 10 Concessional 0 50 0 2 6 12 12 10 Private creditors 2 2 3 3 1 2 I 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRD 0 0 0 0 0 0 0 0 IDA 5 6 0 0 0 0 0 0 280 MYANMAR (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 10.4 12.0 12.2 11.9 11.2 Japanese yen 46.8 52.3 45.3 44.2 45.1 46.9 46.4 45.1 Pound sterling 1.7 1.3 1.2 1.3 1.3 1.4 1.5 1.5 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 24.3 22.6 34.9 35.5 32.8 30.6 31.5 33.3 Total amount rescheduled 0 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks -785 -76 -258 913 735 -79 -594 Net flows on debt -74 -16 -95 308 66 12 -167 -755 -577 -173 468 555 -21 -332 ALL CREDITORS Interest (%) 2.7 1.4 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 13.7 14.4 0.0 0.0 0.0 0.0 0.0 0.0 Grace period (years) 3.4 8.7 0.0 0.0 0.0 0.0 0.0 0.0 Grant element (%) 39.3 39.1 0.0 0.0 0.0 0.0 0.0 0.0 Official creditors Interest (%) 1.5 2.8 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 16.7 33.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period (years) 5.2 24.4 0.0 0.0 0.0 0.0 0.0 0.0 Grant element (%) 53.3 62.6 0.0 0.0 0.0 0.0 0.0 0.0 Private creditors Interest (%) 3.5 0.8 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 11.6 6.4 0.0 0.0 0.0 0.0 0.0 0.0 Grace period 2.1 1.8 0.0 0.0 0.0 0.0 0.0 0.0 Grant element 29.4 28.8 0.0 0.0 0.0 0.0 0.0 0.0 2006 2007 2008 2009 2010 TOTAL Principal 324 308 302 282 250 121 114 102 Interest 66 55 43 32 22 14 12 10 Official creditors Principal 207 198 192 173 140 121 114 102 Interest 29 26 22 19 16 14 12 10 Bilateral creditors Principal 144 137 131 114 81 62 55 39 Interest 19 16 13 10 8 6 5 4 Multilateral creditors Principal 63 60 61 59 59 59 59 63 Interest 10 10 9 9 8 8 7 6 Private creditors Principal 117 110 109 109 109 0 0 0 Interest 36 29 21 13 6 0 0 0 Notes: Data relate to the year ending in March. Data on long-term public and publicly guaranteed debt for end-March 2006 are estimates based on the original terms of the loans. 281 NEPAL (US$ million, unless otherwise indicated) 1990 1995 2000 2001 l,!;$m4~~tJ}EJri:DJ\,TA, TOTAL DEBT STOCKS (EDT) 1,640 2,418 2,846 2,716 2,972 3,262 3,459 3,285 Long-term debt (LDOD) 1,572 2,346 2,805 2,654 2,929 3,237 3,401 3,217 Public and publicly guaranteed 1,572 2,346 2,805 2,654 2,929 3,237 3.401 3.217 Private nonguaranteed 0 0 0 0 0 0 0 0 t:se of IMF credit 44 48 12 8 4 11 22 20 Short-term debt 24 23 29 54 40 13 36 47 of which interest arrears on LDOD 4 2 0 0 0 0 0 0 Official creditors 4 2 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 6 8 1 I 0 0 0 0 Official creditors 6 3 I 1 0 0 0 0 Private creditors 0 5 0 0 0 0 0 0 TOTAL DEBT ,FLOWS Disbursements 168 164 154 112 70 263 122 191 Long-tenn debt 168 164 154 112 70 253 112 191 1MF purchases 0 0 0 10 11 0 Principal repayments Long-tenn debt 41 29 ° 53 45 72 67 65 61 ° 74 70 82 79 84 84 85 85 IMF repurchases 12 8 4 4 4 3 1 0 Net flows on debt 129 71 69 71 -19 154 61 118 of which short-term debt 2 -40 -14 25 -14 -27 23 II Interest payments (INT) 29 32 30 28 28 31 31 32 Long-term debt 25 29 28 26 27 30 30 30 1MF charges 2 0 0 0 0 0 0 0 Short-tenn debt 2 2 3 2 1 1 I 2 Net transfers on debt 100 39 38 44 -47 123 29 86 Total debt service paid (TDS) 70 85 102 93 102 113 116 117 Long-term debt 54 74 95 87 97 109 114 114 IMF repurchases and charges 14 8 4 4 4 3 1 0 Short-term debt (interest only) 2 2 3 2 I 1 1 2 z;:,,4;~~~~~J$~1'~~Il··FioWS~NEl'·~~i~(f.~ NET RESOURCE FLOWS 288 290 229 255 198 406 290 424 Net flow of long-tenn debt (ex, L\1F) 139 119 86 51 0 174 28 107 Foreign direct investment (net) 6 0 21 -6 15 0 2 Portfolio equity i10ws Grants (excluding technical coop,) 0 143 171 0 ° 0 143 0 183 0 204 0 218 0 262 ° 315 Memo: technical coop, grants 106 142 106 119 128 147 119 128 NET TRANSFERS 262 261 202 229 127 334 215 338 Interest on long-term debt 25 29 28 26 27 30 30 30 Profit remittances on FDI 0 0 0 0 45 42 45 57 MAJOR EOONoMICAOOB.EGAT~; Gross national income (GNl) 3,640 4,388 5.509 5.566 5,493 5,860 6,709 7.413 Exports of goods, servo & inc, (XGS) 447 1,129 1,466 1,351 1,649 1,868 2,090 2,549 Worker remit. & comp, of employees 0 57 11 1 147 678 771 823 1,211 Imports of goods & services (MGS) 845 1.659 1.825 1.759 1,733 2.001 2.371 2,803 International reserves (RES) 354 646 987 1,080 1,070 1,286 \,529 1,565 Current account balance -289 -356 -131 -165 215 180 HID 153 4. D:Etrr Ufl)tCATORS EDT/XGS (%) 366,6 214.1 194.2 201.0 180.2 174.6 165.6 128,8 EDT / GNI (%) 45.1 55.1 51.7 48,8 54.1 55,7 51.6 44.3 TDS /XGS (%) 15,7 7,5 7,0 6,9 6.2 6,0 5.5 4.6 INT / XGS (%) 6.5 2,8 2,1 2,1 1.7 1.6 1.5 L3 INT/GNI(%) 0,8 0,7 0,5 0,5 0,5 0,5 0,5 0.4 RES I EDT (%) 21.6 26,7 34,7 39.8 36,0 39.4 44.2 47,6 RES / MGS (months) 5,0 4,7 6.5 7.4 7.4 7,7 7,7 6.7 Short-term! EDT (%) 1.5 0,9 1.0 2.0 L3 0.4 1.0 1.4 Concessional f EDT (%) 88.5 94.2 98.4 97.6 98.3 99.1 98,1 97,8 Multilateral! EDT (% ) 77.3 80.8 86.3 86,7 88.1 85,8 85.5 83,3 282 NEPAL (US$ million, unless othe/wise indicated) 2000 DEBT OUTSTANDING (LDOD) 1,572 2,346 2,805 2,654 2,929 3,237 3,401 3,217 Public and publicly guaranteed 1,572 2,346 2,805 2,654 2,929 3,237 3,401 3,217 Official creditors 1.461 2,281 2,800 2,650 2.923 3,231 3,395 3,213 Multilateral 1,268 1,952 2,457 2,354 2,619 2,800 2,959 2,737 Concessional 1,259 1,949 2,457 2,354 2,619 2,800 2,959 2,737 Bilateral 193 329 343 295 304 432 436 475 Concessional 193 329 343 295 304 432 436 475 Private creditors 110 65 5 5 5 6 6 5 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 667 1,023 1,132 1,122 1,210 1,388 1.491 1,396 Public sector LOOD 1,566 2,346 2.805 2,654 2,929 3,237 3,401 3,217 Pri vate seetor LDOD 5 0 0 0 0 0 0 0 DISBURSEMENTS 168 164 154 112 70 253 112 191 Public and publicly guaranteed 168 164 154 112 70 253 112 191 Official creditors 166 164 154 112 70 253 112 191 Multilateral 146 lSI 142 103 65 139 96 86 Concessional 146 151 142 103 65 139 96 86 Bilateral 20 13 11 9 5 114 15 105 Concessional 20 13 11 9 5 114 15 105 Private creditors 2 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 68 82 49 43 34 102 72 33 PRINCIPAL REPAYMENTS 29 45 67 61 70 79 84 85 Public and publicly guaranteed 29 45 67 61 70 79 84 85 Official creditors 13 40 60 61 70 78 83 84 Multilateral 10 24 37 38 45 51 58 61 Concessiona\ 10 24 37 38 45 51 58 61 Bilateral 3 16 22 23 24 28 25 23 Concessional 3 16 22 23 24 28 25 23 Private creditors 16 5 8 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 2 7 16 17 20 22 27 30 INTEREST PAYMENTS (LINT) 25 29 28 26 27 30 30 30 Public and publicly guaranteed 25 29 28 26 27 30 30 30 Official creditors 14 24 27 26 27 30 30 30 Multilateral 10 ]7 22 21 22 23 25 26 Concessional 10 17 22 21 22 23 25 26 Bilateral 4 8 5 4 5 7 5 4 Concessional 4 8 5 4 5 7 5 4 Private creditors 12 5 1 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 5 7 8 8 9 9 11 12 283 NEPAL (US$ million, unless otherwise indicated) Euro 2.2 2.4 2.5 2.4 2.1 Japanese yen 8.4 11.2 8.5 7.4 6.9 10.3 9.9 11.9 Pound sterling 0.2 0.1 0,1 0.1 0.1 0.1 0.1 0.1 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 49.6 43.8 38.7 41.2 40.4 42.1 41.9 42.1 Total amount rescheduled 0 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 Q Private 0 0 0 0 0 0 0 0 Interest rescheduled 0 Q 0 0 Q 0 0 Q Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 272 90 -147 -130 256 289 198 -175 Net flows on debt 129 71 69 71 -19 154 61 118 valuation 126 9 -188 -174 221 282 135 -292 ALL CREDITORS Interest (%) 0.9 3.5 1.4 1.3 1.2 1.0 1.0 1.1 Maturity (years) 39.0 29.8 31.4 31.0 33.7 34.9 36.8 35.1 Grace period (years) 10.3 7.9 8.1 8.3 9,8 9.3 9.5 8.7 Grant element (%) 78.9 48.6 69.5 70.0 73.3 75.1 76.8 74.3 Official creditors Interest (%) 0.9 3.5 1.4 1.3 1.2 1.0 1.0 1.1 Maturity (years) 39.0 29.8 31.4 31.0 33.7 34.9 36.8 35.1 Grace period (years) 10.3 7.9 8.1 8.3 9.8 9.3 9.5 8.7 Grant element (%) 78.9 48.6 69.5 70.0 73.3 75.1 76.8 74.3 Private creditors Interest (%) 0.0 0.0 0.0 0.0 0.0 0.0 3.9 0.0 Maturity (years) 0.0 0.0 0.0 0.0 0.0 0.0 24.8 0.0 Grace period (years) 0.0 0.0 0.0 0.0 0.0 0.0 7.5 0.0 Grant element (%) 0.0 0.0 0.0 0.0 0.0 0.0 46.9 0.0 2006 2007 2008 2009 2010 20ll 2012 2013 TOTAL Principal 92 106 liS 126 139 147 151 156 Interest 36 42 42 42 41 40 39 37 Official creditors Principal 92 106 1) 5 126 138 146 151 156 Interest 36 41 42 42 41 40 39 37 Bilateral creditors Principal 25 32 32 31 33 34 31 28 Interest 7 6 6 5 5 4 4 3 Multilateral creditors Principal 67 74 83 95 105 1I2 120 127 Interest 29 35 36 36 36 36 35 34 Private creditors Principal 0 0 0 0 0 0 0 0 Interest 0 0 0 0 0 0 0 Q Notes: 284 NICARAGUA (US$ million. unless otherwise indicated) 2000 2001 2003 2004 TOTAL DEBT STOCKS (EDT) 10,745 10,390 6,853 6,408 6,483 6,911 5,145 5,144 Long-term debt (LDOD) 8,313 8,566 5,774 5,577 5,754 6,102 4,403 4,405 Public and publicly guaranteed 8,313 8,566 5,492 5,437 5,573 5.894 4,125 4,113 Private nonguaranteed 0 0 28J 140 181 209 278 292 Use of IMF credit 0 39 169 158 174 213 248 201 Short-term debt 2,432 1,785 911 674 554 595 495 538 of which interest arrears on LOOO 1,693 1,475 789 535 420 434 362 362 Official creditors 1,067 1,458 776 521 407 421 348 348 Private creditors 626 17 13 14 13 14 14 14 Memorandum items Principal arrears on LOOO 2,464 3,230 1,035 964 802 807 685 685 Official creditors 1,491 2,914 820 747 589 594 473 474 Private creditors 973 316 216 217 213 213 211 211 TOTAL DEBT FLOWS Disbursements 577 277 527 308 296 362 408 291 Long-term debt 577 277 500 308 287 333 367 291 IMF purchases 0 0 27 0 9 29 41 0 Principal repayments 4 203 189 263 104 131 80 119 Long-term debt 4 190 183 258 100 126 71 110 IMP repurchases 0 13 5 5 4 5 9 9 Net flows on debt 593 88 341 62 188 257 301 215 of which short-ternl debt 21 13 3 17 -4 26 -28 43 Interest payments (INT) 11 85 98 73 48 55 46 53 Long-term debt 5 76 90 68 43 49 39 46 IMF charges 0 1 I 1 1 1 1 0 Short-term debt 6 8 7 5 4 6 6 8 Net transfers on debt 582 3 243 -11 140 202 254 162 Total debt service paid (TDS) 16 288 286 337 151 187 126 172 Long-term debt 9 266 274 326 142 174 110 155 IMF repurchases and charges 0 14 6 6 5 6 10 9 Short-term debt (interest only) 6 8 7 5 4 6 6 8 NET RESOURCE FLOWS 814 587 838 838 617 903 1,674 891 Net flow of long-term debt (ex. IMp) 572 87 317 50 187 207 296 181 Foreign direct investment (net) I 89 267 150 204 201 250 241 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop.) 241 410 255 638 226 495 1,129 468 Memo: technical coop. grants 73 132 116 139 112 103 105 III NET TRANSFERS 809 482 678 694 503 778 1,555 763 Interest on long-tenu debt 5 76 90 68 43 49 39 46 Profit remittances on FDI 29 69 77 71 77 80 82 ° Gross national income (GNI) 988 2.821 3,735 3,862 3,826 3.911 4,306 4,792 Exports of goods, serv. & inc. (XGS) 404 744 1,453 1.468 1.528 1,753 2,179 2,483 Worker remit. & compo of employees 0 75 320 336 377 439 519 600 Imports of goods & services (MGS) 911 1,529 2,377 2,411 2,381 2,582 3,029 3,433 International reserves (RES) 166 142 492 384 453 508 668 728 Current account balance -305 -722 -839 -799 -699 -651 -696 -800 EDT/XGS ('Yo) 2,659.6 1,397.0 471.8 436.5 424.3 394.3 236.2 207.1 EDT I GNI (%) 1,087.8 368.3 183.5 165.9 169.4 176.7 119.5 107.3 IDS IXGS ('Yo) 3.9 38.7 19.7 22.9 9.9 10.6 5.8 6.9 INT/XGS (%) 2.8 1l.5 6.7 5.0 3.1 3.2 2.1 2.1 !NT I GNI(%) 1.2 3.0 2.6 1.9 1.2 1.4 1.1 1.1 RES I EDT (%) 1.5 1.4 7.2 6.0 7.0 7.4 13.0 14.1 RES I MGS (months) 2.2 1.1 2.5 1.9 2.3 2.4 2.6 2.5 Short-term I EDT (%) 22.6 17.2 13.3 10.5 8.6 8.6 9.6 10.5 Concessionall EDT (%) 30.6 37.6 46.4 52.4 55.5 58.5 64.3 64.8 Multilateral I EDT (%) 8.8 14.1 30.9 34.3 37.4 39.1 53.5 54.3 285 NICARAGUA (US$ million, unless otherwise indicated) 1990 1995 2000 2004 2005 DEBT OUTSTANDING (LDOD) 8,313 8,566 5,774 5,577 5,754 6,102 4,403 4,405 Public and publicly guaranteed 8,313 8,566 5,492 5,437 5,573 5,894 4,125 4,113 Official creditors 6,767 7,556 5,138 5,093 5,227 5,543 3,811 3,806 Multilateral 940 1,464 2,119 2,200 2,424 2,704 2.752 2.791 Concessional 355 769 1,778 1.890 2,125 2,427 2,643 2,698 Bilateral 5,827 6,092 3.019 2,893 2.803 2,839 1.059 1,014 Concessional 2,929 3.136 1,404 1.468 1,476 1,612 667 635 Private creditors 1,545 1,010 354 344 346 350 314 307 of which: Bonds 0 524 0 0 0 0 0 0 Commercial banks 1,305 383 326 321 324 327 291 285 Private nonguaranteed 0 0 281 140 181 209 278 292 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 281 140 181 209 278 292 Memo: IBRD 239 65 5 0 0 0 0 0 IDA 60 276 654 691 811 998 1,167 1,136 Public sector LDOD 8,313 8,566 5.547 5,512 5.680 6,011 4.125 4,113 Private sector LDOD 0 0 226 65 74 91 278 292 DISBURSEMENTS 577 277 500 308 287 333 367 291 Public and publicly guaranteed 577 277 215 235 220 259 299 230 Official creditors 554 258 213 231 212 252 299 227 Multilateral 7 177 170 184 202 227 285 215 Concessional 0 117 168 184 202 227 285 214 Bilateral 546 80 43 47 11 25 13 12 Concessional 370 67 34 21 11 25 13 12 Pri vale creditors 23 20 2 3 8 7 1 3 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 20 0 0 7 6 0 3 Private nonguaranteed 0 0 285 74 66 74 68 61 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 285 74 66 74 68 61 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 0 18 87 63 72 112 126 63 PRINCIPAL REPA YMENTS 4 190 183 258 100 126 71 110 Public and publicly guaranteed 4 190 70 68 60 74 28 63 Official creditors I 89 61 62 58 74 28 63 Multilateral I 47 36 30 10 16 II 21 Concessional 0 20 17 11 6 7 lO 12 Bilateral 1 42 26 32 48 58 17 41 Concessional 0 2 9 11 23 43 11 30 Pri vate creditors 3 101 8 6 3 1 0 0 of which: Bonds 0 0 0 () () 0 0 0 Commercial banks () 96 5 3 2 1 0 0 Private nonguaranteed 0 0 114 191 39 52 43 47 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 114 191 39 52 43 47 Memo: IBRD 1 15 5 5 0 0 0 0 IDA 0 1 2 1 0 0 0 0 INTEREST PA YMENTS (LL.~T) 5 76 90 68 43 49 39 46 Public and publicly guaranteed 5 76 78 5S 38 42 33 44 Official creditors 4 72 75 52 36 41 32 43 Multilateral I 33 64 30 16 18 22 27 Concessional () 11 37 14 lO 13 21 23 Bilateral 3 39 12 22 21 23 10 16 Concessional 0 19 7 14 16 20 JO 15 Private creditors I 3 3 3 1 1 0 1 of which: Bonds 0 0 0 0 () 0 0 0 Commercial banks 0 3 2 2 1 1 0 1 Private nonguaranteed 0 0 12 13 5 6 7 2 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 12 13 5 6 7 2 Memo: IBRD I 6 0 0 0 0 0 IDA 0 2 5 2 2 3 6 7 286 NICARAGUA (U5$ million, unless otherwise indicated) Euro 11.1 12.0 12.7 1.0 1.1 Japanese yen 0.0 1.3 2.3 2.0 2.0 2.0 0.0 0.0 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 U.S.dollars 79.9 72.7 71.7 73.3 72.7 72.6 80.4 81.3 Total amount rescheduled 30 263 149 190 78 110 176 0 Debt stock rescheduled 0 0 0 142 0 0 0 0 Principal rescheduled 0 210 94 20 42 37 177 3 Official 0 148 82 18 42 37 177 2 Private 0 61 12 2 I 0 0 1 Interest rescheduled 30 77 62 29 36 19 1 1 Official 30 40 58 28 35 19 I I Private 0 37 3 1 I 0 0 0 Debt forgi ven 0 438 28 79 289 251 423 43 Memo: interest forgiven 0 723 7 346 172 173 179 19 Debt stock reduction 0 1,200 0 87 0 0 1,154 0 of which debt buyback 0 89 0 0 0 0 0 0 Total change in debt stocks 1,060 -1,606 -56 -445 74 428 -1,766 -2 Net flows on debt 593 88 341 62 188 257 301 215 Cross-currency valuation 83 -58 -119 -127 166 244 98 -125 ALL CREDITORS Interest (%) 4.6 2.7 1.5 0.9 1.9 1.2 1.0 1.2 Maturity (years) 12.1 30.6 37.1 39.1 35.4 35.0 38.3 33.1 Grace period (years) 1.7 7.9 9.8 10.2 9.9 9.2 9.8 8.4 Grant element (%) 23.6 58.9 71.6 78.3 67.0 72.6 76.7 69.8 Official creditors Interest (%) 4.4 2.3 1.6 0.9 1.9 1.2 1.0 1.2 Maturity (years) 12.4 32.2 36.9 39.1 35.4 35.0 38.3 33.1 Grace period (years) 1.8 8.4 9.7 10.2 9.9 9.2 9.8 8.4 Grant element (%) 24.5 62.5 70.8 78.3 67.0 72.6 76.7 69.8 Private creditors Interest (%) 9.4 7.4 0.7 0.0 0.0 0.0 0.0 0.0 Maturity (years) 4.9 9.0 39.9 0.0 0.0 0.0 0.0 0.0 Grace period (years) 0.4 1.0 10.5 0.0 0.0 0.0 0.0 0.0 Grant element (%) 0.9 8.6 80.5 0.0 0.0 0.0 0.0 0.0 2006 2007 2008 2009 2010 20ll 2012 2013 TOTAL Principal 166 168 173 191 186 130 139 155 Interest 69 68 66 63 60 57 54 51 Official creditors Principal 101 103 109 128 123 123 131 148 Interest 66 65 63 61 58 55 52 49 Bilateral creditors Principal 45 43 45 49 40 35 34 43 Intcrest 19 18 17 15 14 13 12 II Multilateral creditors Principal 56 60 65 78 83 88 97 105 Interest 47 47 47 46 44 42 41 39 Private creditors Principal 65 64 63 63 63 8 8 7 Interest 3 3 2 2 2 2 I 1 Notes: 287 NIGER (US$ million, unless otherwise indicated) 2000 TOTAL DEBT STOCKS (EDT) 1,726 1,572 1,677 1,587 1,784 2,067 1,967 1,972 Long.term debt (LDOD) 1,487 1,448 1,531 1,475 1,650 1,926 1,823 1,803 Public and publicly guaranteed 1,226 1,315 1,463 1,413 1,596 1,881 1,784 1,771 Plivate nonguaranteed 261 133 68 62 54 46 39 33 Use of IMF credit 85 52 74 81 106 131 135 128 Short· term debt 154 72 72 32 28 10 9 41 of which interest arrears on LDOD 31 53 60 27 27 7 3 38 Official creditors 16 53 60 27 27 7 3 38 Private creditors 16 0 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 80 74 97 78 68 46 17 58 Official creditors 39 74 97 78 68 46 17 58 Private creditors 41 0 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 148 28 87 89 140 141 139 148 Long-term debt 139 28 76 78 118 117 126 131 IMF purchases 9 0 11 II 22 24 13 17 Principal repayments 63 41 16 20 17 22 29 24 Long-term debt 47 31 14 20 15 17 23 18 IMP repurchases 16 10 2 1 2 5 7 5 Net flows on debt 123 -9 52 61 119 120 113 122 of which short-term debt 38 4 -20 -7 -4 2 3 -3 Interest payments (INT) 36 15 10 8 9 11 13 14 Long-tenn debt 23 13 8 7 8 10 12 13 IMP charges 3 1 0 0 0 I 1 0 Short -term debt 9 1 2 0 0 0 0 0 Net transfers on debt 87 -24 41 54 110 109 99 107 Total debt service paid (TDS) 99 56 26 28 26 33 43 38 Long-term debt 71 43 22 27 23 28 35 32 IMP repurchases and charges 19 11 2 1 3 6 7 6 Short-term debt (interest only) 9 1 2 0 0 0 0 0 l'l'ET RESOURCE FLOWS 358 174 183 216 244 396 563 478 Net now of long-term debt (ex, IMF) 91 -3 62 58 103 100 104 113 Foreign direct investment (net) 41 7 8 23 2 15 26 12 Portfolio equity nows 0 0 I I 0 0 4 0 Grants (excluding technical coop.) 226 170 112 135 138 281 429 354 Memo: technical coop. grants 101 109 45 49 52 58 60 65 NET TRANSI"ERS 312 158 173 207 233 376 535 465 Interest on long-term debt 23 13 8 7 8 10 12 13 Profit remittances on FDI 23 4 2 3 3 9 16 0 Gross national income (GNI) 2,423 1.830 1,782 1.930 2,146 2,718 3,039 3.397 Exports of goods, servo & inc. (XGS) 566 333 338 355 352 444 599 Worker remit. & compo of employees 14 8 14 22 19 26 60 60 Imports of goods & services (MGS) 803 510 485 506 561 724 891 International reserves (RES) 226 95 80 107 134 260 258 250 Current account balance -236 -152 -104 -92 -165 -219 -231 EDT/XGS (%) 304.7 471.4 495.7 446.8 506.9 465.7 328.2 EDT /GNI(%) 71.2 85.9 94.1 82.2 83.1 76.1 64.7 58.1 TDS/XGS(%) 17,4 16.7 7.7 7.9 7.4 7.5 7.1 !NT /XGS (%) 6.3 4.4 3.0 2.1 2.4 2.5 2.2 !NT / GNI(%) 1.5 0.8 0.6 0.4 0.4 0.4 0.4 0.4 RES/EDT (%) 13.1 6.0 4.8 6.7 7.5 12.6 13.1 12.7 RES / MGS (months) 3.4 2.2 2.0 2.5 2.9 4.3 3.5 Short-term / EDT (0/0) 8.9 4.6 4.3 2.0 1.6 0.5 0.5 2.1 Concessional! EDT (%) 48.3 64.2 73.0 77.5 80.3 79.8 89.1 88.4 Multilateral! EDT (%) 40.6 55.6 61.0 65.1 68.0 68.9 80.6 79.5 288 NIGER (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 1,487 1,448 1,531 1,475 1,650 1,926 1,823 1,803 Public and publicly guaranteed 1,226 1,315 1,463 1,413 1,596 1,881 1,784 1,771 Official creditors 1,115 1,315 1,463 1,413 1,596 1,881 1,784 1,771 Multilateral 701 874 1,022 1,034 1,214 1,424 1,586 1,569 Concessional 656 835 994 1,014 1,199 1,413 1,563 1,550 Bilateral 413 441 440 379 383 456 198 202 Concessional 178 174 230 216 234 238 190 194 Private creditors 111 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 109 0 0 0 0 0 0 0 Private nonguaranteed 261 133 68 62 54 46 31} 33 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 261 133 68 62 54 46 39 33 Memo: llRD 0 0 0 0 0 0 0 0 IDA 461 598 723 753 867 1,007 1,106 1,080 Public sector LOOD 1,223 1,315 1,463 1,413 1,596 1,881 1,784 1,771 Private sector LDOD 264 133 68 62 54 46 39 33 DISBURSEMENTS 131} 28 76 78 118 117 126 131 Public and publicly guaranteed 1}6 28 76 78 118 117 126 131 Official creditors 90 28 76 78 ll8 117 126 131 Multilateral 69 28 76 73 115 117 126 129 Concessional 69 28 71 73 115 117 109 127 Bilateral 21 0 0 5 3 0 I 2 Concessional 21 0 0 5 3 0 1 2 Private creditors 5 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 5 0 0 0 0 0 0 0 Private nonguaranteed 43 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 43 0 0 0 0 0 0 0 Memo: llRD 0 0 0 0 0 0 0 0 IDA 55 24 68 64 69 73 65 65 PRINCIPAl, REPAYMENTS 47 31 14 20 15 17 23 18 Public and publicly guaranteed 10 7 12 13 7 9 16 12 Official creditors 9 7 12 13 7 9 16 12 Multilateral 7 7 10 12 6 7 12 12 Concessional 3 6 10 6 5 5 II 8 Bilateral 2 0 2 2 I 2 4 0 Concessional 2 0 I I I 2 4 0 Pri vate creditors 2 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 37 24 2 6 8 8 7 7 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 37 24 2 6 8 8 7 7 Memo: llRD 0 0 0 0 0 0 0 0 IDA 1 3 8 2 I 2 2 1 INTEREST PAYMENTS (LINT) 23 13 8 7 8 10 12 13 Public and publicly guaranteed 7 7 8 6 7 10 11 12 Official creditors 7 7 8 6 7 10 11 12 Multilateral 6 7 7 5 6 8 11 12 Concessional 4 6 7 5 6 8 11 11 Bilateral I 0 I I 0 1 0 0 Concessional I 0 0 0 0 I 0 0 Private creditors 0 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 16 6 0 1 1 1 1 2 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 16 6 0 1 I I I 2 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 3 5 6 4 5 6 7 6 289 NIGER (US$ million. unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 25.3 22.3 23.2 12.5 11.4 Japanese yen 1.3 4.5 1.8 1.6 1.4 1.3 0.0 0.0 Pound sterling 0.8 1.0 1.2 1.0 1.0 0.9 0.0 0.0 Swiss franc 0.0 0.3 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 27.1 37.2 47.2 50.3 52.5 51.6 58.6 57.6 Total amount rescheduled 29 5 28 46 85 0 71 0 Debt stock rescheduled 0 0 18 0 16 0 37 0 Principal rescheduled 12 1 5 24 49 2 16 0 Official 12 I 5 24 49 2 16 0 Private 0 0 0 0 0 0 0 0 Interest rescheduled 16 1 1 17 20 0 2 0 Official 16 I 1 17 20 0 2 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 0 4 0 70 22 21 282 16 Memo: interest forgiven 0 0 0 43 5 12 2 3 Debt stock reduction 0 0 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 230 62 5 -89 197 283 -100 5 Net flows on debt 123 -9 52 61 119 120 113 122 36 -37 -62 -49 99 131 68 -120 ALL CREDITORS Interest (%) 1.9 0.6 0.7 1.0 1.3 1.0 1.2 0.9 Maturity (years) 31.9 33.5 36.5 38.9 32.4 38.8 31.1 35.9 Grace period (years) 9.2 8.4 9.4 9.4 7.9 9.2 7.8 9.1 Grant element (%) 65.0 70.9 74.7 76.9 69.0 74.5 69.9 75.7 Official creditors Interest (%) 1.9 0.6 0.7 1.0 1.3 1.0 1.2 0.9 Maturity (years) 31.9 33.5 36.5 38.9 32.4 38.8 31.1 35.9 Grace period (years) 9.2 8.4 9.4 9.4 7.9 9.2 7.8 9.1 Grant element (%) 65.0 70.9 74.7 76.9 69.0 74.5 69.9 75.7 Private creditors Interest (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2006 2007 2008 2009 2010 2011 20/2 2013 TOTAL Principal 55 59 61 63 61 59 65 57 Interest 17 17 17 16 15 15 14 13 Official creditors Principal 48 52 54 57 55 59 65 57 Interest 16 16 16 15 ]5 15 14 13 Bilateral creditors Principal 7 7 7 5 4 4 4 4 Interest 2 2 2 I I I I I Multilateral creditors Principal 41 45 47 51 51 56 61 54 Interest 14 14 14 14 14 13 13 12 Private creditors Principal 7 7 7 7 7 0 0 0 Interest 2 1 0 0 0 0 Notes: 290 NIGERIA (US$ million, unless otherwise indicated) 2000 2002 TOTAL DEBT STOCKS (EDT) 33,439 34,092 31,355 31,042 30,476 34,700 37,883 22,178 Long-term debt (LDOD) 31,935 28,441 30,235 29,399 28,206 31,350 32,637 20,342 Public and publicly guaranteed 31,545 28,140 30,020 29,218 28,057 3\,350 32,637 20,342 Private non guaranteed 391 301 215 181 149 0 0 0 Use of IMF credit Shori-term debt of which interest arrears on LDOD 0 1,504 1,040 0 5,651 4,717 0 1,120 44 ° 1,643 415 0 2,270 1,475 0 3,350 2,608 0 5,246 3,895 ° 1,836 3 Official creditors 465 4,211 43 415 1,475 2,607 3,893 3 Private creditors 575 506 0 0 0 1 2 0 Memorandum items Principal arrears on LDOD \,09\ 8,102 II7 116 957 1,360 1,899 3 Official creditors 194 6,545 114 113 953 1,357 1,889 3 Private creditors 897 1,557 3 3 3 3 10 0 TOTAL DEBT FLOWS Disbursements 927 433 153 67 81 208 315 394 Long-term debt 927 433 153 67 81 208 315 394 IMF purchases 0 0 0 0 0 0 0 0 Principal repayments 1,180 918 1,091 1,715 1,148 1,218 1,165 3,874 Long-term debt 1,180 918 1,091 1,715 1,148 1,218 1,165 3,874 IMF repurchases 0 0 0 0 0 0 0 0 Net flows on debt -34 -559 -696 -1,497 -1,501 -1,063 -242 -2,998 of which short-term debt 219 -73 241 151 -433 -53 609 482 Interest payments (INT) 2,155 915 754 846 342 425 566 5,007 Long-term debt 2,123 859 690 804 324 409 545 4,943 IMFcharges 0 0 0 0 0 0 0 Short-term debt Net transfers on debt 32 -2,190 56 -1,474 64 -1,451 42 -2,343 18 -1,842 15 -1,487 21 -808 ° 64 -8,005 Total debt service paid (TDS) 3,336 1,833 1,845 2,561 1,490 1,642 1,731 8,881 Long-term debt 3,304 \,777 1,781 2,519 1,472 1,627 1,710 8,818 IMF repurchases and charges 0 0 0 0 0 0 0 0 Short-term debt (interest only) 32 56 64 42 18 15 21 64 NET RESOURCE FLOWS 459 626 252 -367 912 1,106 1,173 4,357 Net flow of long-term debt (ex. IMp) -253 -486 -937 -1.648 -1,068 -1,010 -850 -3,481 Foreign direct investment (net) 588 1,079 1,140 1,191 1,874 2,005 1,874 2,013 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop.) 125 33 49 90 105 III 149 5,825 Memo: technical coop. grants 94 79 69 88 137 166 251 234 NET TRANSFER'" -1,799 -1,563 -2,717 -3,175 -1,349 -2,628 -2,062 -8,023 Interest on long-term debt 2,123 859 690 804 324 409 545 4,943 Profit remittances on FDI 135 1,330 2,279 2,003 1,937 3,325 2,689 7,437 Gross national income (GNI) 25,585 25,888 40,256 44,107 40,806 50,468 60,629 86,752 Exports of goods, serv, & inc. (XGS) 14,771 13,246 22,574 21.011 19,530 28,594 40,532 56,266 Worker remit. & compo of employees 10 804 1,392 1,167 1,209 1,063 2,273 3,329 lmports of goods & services (MGS) 9,858 15,820 15,383 18,733 18,651 25,191 23,671 32,046 International reserves (RES) 4,129 1,709 10,099 10,647 7,567 7,415 17,257 28,632 Current account balance 4,988 -2,578 7,429 2,478 1,083 3,391 16,840 24,202 EDT/XGS (%) 226.4 257.4 138.9 147.7 156.0 121.4 93.5 39.4 EDT/GNI(%) 130.7 131.7 77.9 70.4 74.7 68.8 62.5 25.6 TDS I XGS (%) 22.6 13.8 8.2 12.2 7.6 5.7 4.3 15.8 [NT I XGS (0/0) 14.6 6.9 3.3 4.0 1.7 1.5 1.4 8,9 !NT I GNI (%J 8.4 3,5 1.9 1.9 0.8 0.8 0.9 5.8 RES I EDT (%) 12,3 5.0 32.2 34.3 24.8 21.4 45,6 129.1 RES I MGS (months) 5,0 L3 7,9 6,8 4.9 3,5 8.7 10.7 Short-term! EDT (%) 4.5 16.6 3.6 5.3 7.4 9,7 13.8 8,3 Concessional! EDT (%) 1.6 4.0 4.6 4.3 4.8 44,6 46,3 48,6 Multilateral! EDT (0/0) 11.2 14.5 10.5 9.3 9.5 8.6 7.8 12.1 291 NIGERIA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 31,935 28,441 30,235 29,399 28,206 31,350 32,637 20,342 Public and publicly guaranteed 31,545 28,140 30,020 29,218 28,057 31,350 32,637 20,342 Official creditors 17,007 20,492 26,574 25,933 25,538 28,971 30,305 18,159 Multilateral 3,732 4,944 3,302 2,881 2,891 2,984 2.964 2,681 Concessional 36 339 755 738 831 947 1,132 1,297 Bilateral 13.275 15,548 23,272 23,053 22,646 25,987 27,341 15,479 Concessional 485 1,038 702 601 640 14,539 16.399 9,479 Private creditors 14.537 7,648 3,446 3,285 2,519 2,379 2,332 2,183 of which: Bonds 0 2,051 2,051 2,051 1,441 1,442 1,442 1,442 Commercial banks 5,714 0 0 0 0 16 20 11 Private nonguaranteed 391 301 215 181 149 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 391 181 149 0 Memo: ffiRD 3,284 301 3,221 215 1,625 1,337 1,275 ° 1,201 ° 1,027 722 IDA 36 268 644 621 676 787 967 1,136 Public sector LDOD 31,545 28,077 29,964 29.171 28,012 31,308 32,599 20,313 Private sector LDOD 391 365 271 228 194 43 38 29 DISBURSEMENTS 927 433 153 67 81 208 315 394 Public and publicly guaranteed 927 433 153 67 81 208 315 394 Official creditors 642 433 153 67 81 206 273 386 Multilateral 542 433 153 67 81 179 223 327 Concessional 7 99 68 19 46 65 157 276 Bilateral 100 0 0 0 0 27 50 59 Concessiona1 100 0 0 0 0 27 50 59 Private creditors 285 0 0 0 0 I 42 8 of which: Bonds 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 0 0 0 0 ° 0 0 0 0 Private nonguaranteed 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRD 384 189 31 18 1 0 0 0 IDA 7 86 55 9 19 63 156 265 PRINCIPAL REPAYMENTS 1,180 918 1,091 1,715 1,148 1,218 1,165 3,874 Public and publicly guaranteed 1,165 908 1,056 1,680 1,116 1,218 1,165 3,874 Official creditors 774 470 914 ],530 506 969 1,029 3,696 Multilateral 246 470 404 324 305 350 364 379 Concessional 1 2 5 8 12 18 21 21 Bilateral 528 0 510 1,206 202 619 665 3,317 Concessional 5 0 0 9 26 116 91 1,873 Private creditors 391 438 142 150 610 249 136 179 of which: Bonds 0 0 0 0 452 0 0 0 Commercial banks 388 0 0 0 0 3 1 3 Private nonguaranteed 15 10 35 34 32 0 0 0 Bonds () 0 0 0 0 0 0 0 Commercial hanks and other 15 10 35 34 32 0 0 0 Memo: ffiRD 241 392 273 207 178 203 216 224 IDA 1 1 4 8 II 17 19 19 INTEREST PAYMENTS (LINT) 2,123 859 690 804 324 409 545 4,943 Public and publicly guaranteed 2,120 840 673 787 313 409 545 4,943 Official creditors 1,300 323 516 631 160 315 408 4,724 Multilateral 262 323 190 139 143 137 120 104 Concessional 0 2 5 5 6 7 13 14 Bilateral 1,038 0 326 492 17 178 288 4,620 Concessional 312 0 0 15 3 15 91 2.839 Private creditors 820 516 157 156 153 94 137 220 of which: Bonds 0 128 128 128 128 90 90 170 Commercial banks 378 0 0 0 0 1 0 3 Private nonguaranteed 3 19 18 ]8 11 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 3 19 18 18 11 0 0 0 Memo: ffiRD 243 266 103 79 70 62 49 39 IDA 0 2 5 5 5 5 11 12 292 NIGERIA (US$ million. unless otherwise indicated) 1990 2001 2002 2003 2004 2005 Euro 1.9 2.2 39.4 41.9 36.0 Japanese yen 8.2 12.6 2.3 2.0 2.1 12.4 12.1 9.9 Pound sterling 11.8 9.9 1.5 1.5 L3 16.5 16.8 17.1 Swiss franc 0.7 0.6 0.0 0.0 0.1 2.4 1.8 1.9 U.S.doliars 38.8 29.6 85.1 86.6 86.2 22.0 21.0 27.0 Total amount rescheduled 1,480 0 20.920 1.186 a 0 109 0 Debt stock rescheduled 0 0 0 0 0 a 0 a Principal rescheduled 1,280 0 12,027 22 0 0 0 0 Official 1,090 0 10,024 14 0 0 0 0 Private 191 0 2,003 7 0 0 0 0 Interest rescheduled 169 0 8,471 57 0 0 0 0 Official 149 0 7,920 56 0 0 0 0 Private 21 0 551 2 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 7,284 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 286 95 0 0 610 0 0 0 of which debt 0 0 0 0 452 0 0 0 Total change in debt stocks 3,317 1,000 2.227 -313 3.183 Net flows on debt -34 -559 -696 -1,497 -242 valuation 2,014 606 -1,189 -279 ALL CREDITORS Interest (%) 6.6 0.0 1.0 LO 3.3 0.8 0.8 1.0 Maturity (years) 19.0 0.0 32.9 34.9 12.2 35.6 34.8 34.6 Grace period (years) 5.2 0.0 9.7 10.3 3.6 9.9 10.1 9.4 Grant element (%) 23.0 0.0 74.7 75.5 30.4 78.6 78.6 73.9 Official creditors Interest (%) 5.8 0.0 La 1.0 2.5 0.8 0.8 1.0 Maturity (years) 22.4 0.0 32.9 34.9 15.6 35.6 34.8 34.6 Grace period (years) 6.\ 0.0 9.7 10.3 5.0 9.9 10.1 9.4 Grant element (%) 30.3 0.0 74.7 75.5 40.6 78.6 78.6 73.9 Private creditors Interest (%) 7.9 0.0 0.0 0.0 4.\ 0.0 0.0 0.0 Maturity (years) l3.1 0.0 0.0 0.0 8.5 0.0 0.0 0.0 Grace period (years) 3.7 0.0 0.0 0.0 2.1 0.0 0.0 0.0 ('«ant element (%) 10.4 0.0 0.0 0.0 19.2 0.0 0.0 0.0 TOTAL Principal 3,396 1,857 1,846 1,700 1,358 1,208 1,164 1.139 Interest 899 765 681 596 515 455 398 344 Official creditors Principal 3,005 1,578 1,568 1,422 1,155 1,082 1,039 1,043 Interest 779 659 586 512 447 394 345 298 Bilateral creditors Principal 2,611 1,242 1.247 1,208 991 977 970 964 Interest 684 582 526 468 413 367 321 276 Multilateral creditors Principal 394 336 321 214 165 105 69 80 Interest 95 77 60 44 34 27 23 22 Private creditors Principal 392 278 278 278 202 126 125 96 Interest 120 106 95 84 69 61 53 46 Notes: Historical data from 1992 to 2002 are World Bank staff estimates. Rescheduling: Data include the effects of Paris Club debt restructuring agreement signed in 2005. It includes the effects of the 2002 buyback operation of the Brady Bonds. 293 OMAN (US$ million, unless otherwise indicated) ]995 2000 2001 2002 2003 2004 2005 TOTAL DEBT STOCKS (EDT) 2,736 5,776 6,564 6,021 4,708 3,963 3,870 3,472 Long-term debt (LDOD) 2,400 5,235 5,266 4,755 3,520 2,719 2,563 1,805 Public and publicly guaranteed 2,400 2,637 2,970 2,687 2,049 1,558 1,207 842 Private nonguaranteed 0 2,598 2,296 2,068 1,471 1,161 1,356 963 Use of IMF credit 0 0 0 0 0 0 0 0 Short-term debt 335 541 1,299 1,266 1,188 1,244 1,307 1,667 of which interest arrears on LDOD 1 2 0 I 0 0 0 0 Official creditors 1 2 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 3 35 4 16 17 11 0 0 Official creditors 3 29 0 8 12 8 0 0 Private creditors 0 6 4 8 5 3 0 0 TOTAL DEBT FLOWS Disbursements 125 637 527 700 289 278 632 567 Long-term debt 125 637 527 700 289 278 632 567 IMF purchases 0 0 0 0 0 0 0 0 Principal repayment~ 536 583 479 1,310 1,535 1,114 796 1,297 Long -term debt 536 583 479 1,310 1,535 1,114 796 1,297 IMF repurchases 0 0 0 0 0 0 0 0 Net flows on debt -425 116 -489 ·643 -1,323 ·780 ·102 ·370 of which short -term debt -14 62 -537 -33 -77 56 63 360 Interest payments (lNT) 203 370 385 356 214 162 197 204 Long-term debt 177 349 298 297 161 125 147 147 IMFcharges 0 0 0 0 0 0 0 0 Short-term debt 25 20 87 59 53 36 50 57 Net transfers on debt ·627 ·253 ·874 -999 -1,537 -941 ·299 ·574 Total debt service paid (TDS) 739 953 864 1,667 1,748 1,275 993 1,501 Long-term debt 714 933 777 1,608 1,696 1,239 943 1,444 IMF repurchases and charges 0 0 0 0 0 0 0 0 Short-term debt (interest only) 25 20 87 59 53 36 50 57 NET RESOURCE FLOWS ·212 115 154 ·570 -1,147 -259 91 19 Net flow of long-term debt (ex. IMF) -411 54 48 -610 -1,246 -836 -165 -730 Foreign direct investment (net) 142 46 82 5 109 489 200 715 Portfolio equity flows 0 0 -10 24 -49 49 13 10 Grants (excluding technical coop.) 57 15 35 11 38 39 42 24 Memo: technical coop. grants 13 17 15 10 5 5 8 11 NET TRANSFERS -779 -740 -973 .1,853 .2,104 .1,414 ·1,255 ·1,795 Interest on long-term debt 177 349 298 297 161 125 147 147 Profit remittances on FDI 390 507 830 986 796 1,030 1,199 1,667 Gross national income (GNI) 11,380 13,406 19,115 19,241 19,557 20,713 23,359 Exports of goods, servo & inc. (XGS) 5,990 6,442 12.061 11.987 12,018 12.559 14,367 19,917 Worker remit. & compo of employees 39 39 39 39 39 39 39 39 Imports of goods & services (MGS) 3,971 5,734 7,480 8.373 8,475 9,404 11.972 12,943 International reserves (RES) 1,784 1,943 2,460 2,445 3,174 3,594 3,598 4,358 Current account balance LI06 -801 3,129 2,082 1,941 1,483 569 4.717 EDT/XGS (%) 45.7 89.7 54.4 50.2 39.2 31.6 26.9 17.4 EDT I GNI(%) 24.0 43.1 34.3 31.3 24.1 19.1 16.6 TDS/XGS(%) 12.3 14.8 7.2 13.9 14.5 10.2 6.9 7.5 !NT I XGS (%) 3.4 5.7 3.2 3.0 1.8 1.3 1.4 1.0 !NT IGNI (%) 1.8 2.8 2.0 1.9 1.1 0.8 0.8 RES/EDT(%) 65.2 33.6 37.5 40.6 67.4 90.7 93.0 125.5 RES I MGS (months) 5.4 4.1 3.9 3.5 4.5 4.6 3.6 4.0 Short-term I EDT (%) 12.3 9.4 19.8 21.0 25.2 31.4 33.8 48.0 Concessionall EDT (%) 8.9 9.9 13.3 19.1 23.4 27.5 25.1 21.3 Multilateral I EDT (%) 4.7 3.4 7.9 13.4 17.2 19.6 16.7 \3.2 294 OMAN (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTA1I.1>L"IG (LDOD) 2,400 5,235 5,266 4,755 3,520 2,719 2,563 1,805 Public and publicly guaranteed 2,400 2,637 2,970 2,687 2,049 1,558 1,207 842 Official creditors 327 665 983 1,291 1,214 1,205 1,077 842 Multilateral 129 199 520 804 809 778 646 459 Concessional 49 108 457 753 766 742 634 459 Bilateral 198 466 463 487 406 426 430 383 Concessional 194 461 417 399 336 349 339 282 Pri vate creditors 2,073 1,972 1,987 1,396 834 353 130 0 of which: Bonds 0 0 225 225 0 0 0 0 Commercial banks 1,720 1,470 1,480 781 5lO 133 23 0 Private nonguaranteed 0 2,598 2,296 2,068 1,471 1,161 1,356 963 Bonds 0 0 0 0 0 0 550 550 Conunercial banks and other 0 2,598 2,296 2.068 1,471 1,161 806 413 Memo: ffiRD 52 25 3 I 0 0 0 0 IDA 0 0 0 0 0 0 0 0 Public sector LDOD 2,400 2,637 2,970 2,687 2,049 1,558 1,207 842 Private sector LDOD 0 2,598 2,296 2,068 1,471 1,161 1,356 963 DISBURSEMENTS 125 637 527 700 289 278 632 567 Public and publicly guaranteed 125 322 394 486 119 49 41 84 Official creditors 34 117 89 368 99 39 35 84 Multilateral 22 58 23 308 13 5 4 0 Concessional 12 37 21 308 I3 5 4 0 Bilateral 13 58 66 60 85 34 31 84 Concessional 13 58 20 18 85 34 20 61 Private creditors 91 205 305 118 21 9 7 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 132 263 26 0 0 0 0 Private nonguaranteed 0 315 133 214 170 229 590 483 Bonds 0 0 0 0 0 0 550 0 Commercial banks and other 0 315 133 214 170 229 40 483 Memo: ffiRD 9 0 0 0 0 0 0 0 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPA YMENTS 536 583 479 1,310 1,535 1,114 796 1,297 Public and publicly guaranteed 536 281 234 643 769 574 401 421 Official creditors 46 48 64 68 186 84 171 291 Multilateral 30 23 24 24 25 52 139 183 Concessional 10 10 14 14 13 43 l15 171 Bilateral 16 24 40 44 162 33 33 108 Concessional 15 24 39 43 162 33 33 108 Private creditors 490 234 170 575 582 490 230 130 of which: Bonds 0 0 0 0 225 0 0 0 Commercial banks 370 178 32 462 271 378 109 23 Private nonguaranteed 0 302 245 667 766 539 395 876 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 302 245 667 766 539 395 876 Memo: ffiRD 16 9 3 1 J 0 0 0 IDA 0 0 0 0 0 0 0 0 INTEREST PAYMENTS (LINT) 177 349 298 297 161 125 147 147 Public and publicly guaranteed 177 184 155 152 97 76 61 52 Official creditors 14 29 32 45 53 55 52 48 Multilateral 6 11 14 28 41 44 40 34 Concessional 0 6 10 22 36 38 36 32 Bilateral 8 18 18 18 12 11 12 14 Concessional 8 18 18 16 12 II 11 13 Private creditors 163 155 123 107 44 21 9 4 of which: Bonds 0 0 16 16 8 0 0 0 Commercial banks 133 109 79 64 17 10 1 1 Private nonguaranteed 0 166 143 145 64 49 85 96 Bonds 0 0 0 0 0 0 19 21 Commercial banks and other 0 166 143 145 64 49 67 7S Memo: ffiRD 5 2 0 0 0 0 0 0 IDA 0 0 0 0 0 0 0 0 295 OMAN (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 0.0 0.0 0.0 0.0 0.0 Japanese yen 7.3 15.2 5,2 4,6 3.0 5.0 7.5 B.8 Pound stelling 5.5 9.6 1.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0,0 0,0 0,0 0.0 U.S.dollars 75.5 61.1 76,7 76,2 71.3 61.7 58.0 60.4 Total amount rescheduled 0 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 lnterest rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks -233 108 -275 -543 -1,313 -745 -93 -397 Net flows on debt -425 116 -489 -643 -1.323 -780 -102 -370 39 -13 -38 -27 32 27 9 -15 ALL CREDITORS lnterest (%) 7,5 4,6 5.4 0.0 1.8 4.3 0.0 4.1 Maturity (years) 14.7 16.8 10.6 0.0 6.1 20.3 17,0 14.1 Grace period (years) 4.0 3.3 2.4 0,0 1.5 4,0 5,0 3,2 Grant element (%) 13.1 31.7 20.9 0.0 24.6 36.7 62.8 31.2 Offidal creditors Interest (%) 1.9 4,6 4,3 0,0 1.6 4.3 0,0 3.4 Maturity (years) 16,7 16.8 15.4 0.0 6.7 20.3 17.0 20.0 Grace period (years) 4.5 3.3 3,4 0.0 1.8 4,0 5,0 4.1 Grant element (%) 45,1 31.7 31.6 0,0 27.0 36.7 62,8 42,1 Private creditors lnterest (%) 8.0 0.0 6.7 0,0 2.4 0,0 0.0 4.3 Maturity (years) 14,5 0,0 4.2 0.0 3.3 0.0 0,0 12.1 Grace period (years) 4.0 0.0 1.0 0.0 0.3 0,0 0.0 2.9 Grant element (%) 10.2 0.0 6.7 0.0 12.1 0.0 0.0 27.5 TOTAL Principal 574 314 330 820 198 196 195 173 lnterest 83 96 102 84 63 54 44 34 Official creditors Principal 244 273 260 229 157 155 154 149 lnterest 49 58 60 55 49 42 35 27 Bilateral creditors Principal 173 195 199 165 93 94 93 90 lnterest 28 39 44 41 37 32 27 22 Multilateral creditors Principal 70 78 61 64 64 61 61 59 Interest 21 19 17 15 12 10 8 5 Private creditors Principal 330 41 70 591 41 41 41 24 lnterest 34 39 41 28 13 12 9 8 Notes: 296 PAKISTAN (US$ million, unless otherwise indicated) 1990 2000 2001 2002 2003 2004 2005 TOTAL DEBT STOCKS (EDT) 20,663 30,229 32,781 31,655 33,586 35,741 35,547 33,675 Long·term debt (LDOD) 16,643 25,381 29,733 28,534 30,014 32,388 32,426 30,953 Public and publicly guaranteed 16,506 23,788 27,173 26,436 28,016 30,769 30,889 29,490 Pri vate non guaranteed 138 1,593 2,560 2,098 1,998 1,619 1,537 1,463 Use of 1M..' credit 835 1,613 1,529 1,807 2,032 2,108 1,876 1,492 Short·term debt 3,185 3,235 1,519 1,314 1,540 1,245 1,245 1,230 of which interest arrears on LDOD 1 0 0 0 0 0 0 Official creditors Pri vate creditors I 0 ° 0 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 0 15 0 0 0 0 0 0 0 ° 0 °0 0 0 Official creditors 15 0 0 0 0 0 0 Private creditors 0 ° 0 0 0 0 0 ° 0 TOTAL DEBT FLOWS Disbursements 1,746 3,288 1,838 2,635 2,353 1,460 2,682 2,977 Long-term debt 1,746 3,086 1,644 2,125 2,01l 973 2,425 2,977 IMF purchases 0 202 195 510 343 488 256 0 Principal repayments 1,071 2,013 1,869 2,131 2,050 2,228 3,513 1,691 Long-term debt 905 1,837 1,587 1,957 1,782 1,634 2,943 1,453 IMP repurchases 166 176 282 174 268 595 570 237 Net flows on debt 1,089 2,572 -342 299 530 -1,063 -831 1,271 of which short -term debt 414 1,297 -311 -205 226 -295 Interest payments (INT) Long-term debt 831 515 1,203 955 985 858 865 755 838 743 848 788 ° 747 694 -15 752 683 IMP charges 52 45 49 52 40 25 21 13 Short-term debt 264 202 78 57 55 35 32 56 Net transfers on debt 258 1,369 -1,327 -565 -308 .1,911 .1,579 519 Total debt service paid (TDS) 1,902 3,216 2,854 2,996 2,888 3,076 4,260 2,443 Long-term debt 1,420 2,792 2,444 2,712 2,525 2,421 3,637 2,136 IMF repurchases and charges 218 221 332 226 307 619 591 251 Short-term debt (interest only) 264 202 78 57 55 35 32 56 NET RESOURCE FLOWS 1,411 2,169 525 1,298 1,415 1,167 938 5,068 Net flow of long-term debt (ex, IMP) 841 1,249 57 169 228 -661 -518 1,523 Foreign direct investment (net) 245 723 308 383 823 534 1,1l8 2,183 Portfolio equity flows 10 35 ·130 79 -26 49 451 Grants (excluding technical coop.) Memo: technical coop, grants ° 324 318 188 181 124 72 876 86 284 199 1,320 138 289 134 911 201 NET TRANSFERS 842 913 ·762 72 95 ·514 .1,242 2,514 Interest on long-term debt 515 955 858 755 743 788 694 683 Protit remittances on FDI 53 301 429 470 576 893 1,486 1,871 Gross national income (GNI) 41,735 61,092 71,389 69,336 69,166 80,140 93,908 108,338 Exports of goods, serv, & inc. (XGS) 8,937 12,112 11,312 12,164 15,943 18,980 20,210 23,993 Worker remit. & compo of employees 2,006 1,712 1,075 1,461 3,554 3,964 3,945 4,280 Imports of goods & services (MGS) 11,386 16,311 14,484 14,260 15,083 17,676 24,610 32,215 International reserves (RES) 1,046 2,528 2,087 4.218 8,796 11,816 10,718 11,109 Current account balance -1,661 -3,349 -85 1,878 3,854 3,573 -817 -3,463 EDT I XGS (%) 231.2 249,6 289,8 260,2 210,7 188.3 175.9 140,4 EDT I GNI(%) 49,5 49,5 45,9 45,7 48.6 44.6 37,9 31.1 TDS/XGS (%) 21.3 26.5 25.2 24,6 18.1 16,2 21.1 10,2 !NT I XGS (%) 9.3 9,9 8,7 7,1 5.3 4,5 3,7 3.1 tNT IGNI(%) 2,0 2,0 1,4 1.2 L2 LI 0,8 0.7 RES I EDT (%) 5.1 8,4 6,4 13.3 26,2 33,1 30,2 33,0 RES I MGS (months) l.l 1.9 1.7 3.5 7,0 8,0 5.2 4.1 Short-term! EDT (%) 15.4 10,7 4,6 4.2 4,6 3,5 3.5 3,7 Concessionall EDT (%) 58,5 53,9 55,0 62,1 64,7 66.6 70,8 70,3 Multilateral! EDT (%) 33,4 40.3 41.1 4L3 44,2 45.2 45.8 47.2 297 PAKISTAN (US$ million, unless otherwise indicated) 2000 DEBT OUTSTANDING (LDOD) 16,643 25,381 29,733 28,534 30,014 32,388 32,426 30,953 Public and publicly guaranteed 16,506 23,788 27,173 26,436 28,016 30,769 30,889 29,490 Official creditors 15,791 22,691 25.123 25,174 27,227 30,218 30,070 28,187 Multilateral 6,894 12,179 13,480 13,073 14,855 16,148 16,277 15,880 Concessional 3,887 6,894 8,194 8,201 9,927 10,777 12,004 11,774 Bilateral 8,897 10,512 11,643 12,101 12,371 14,070 /3,792 12,308 Concessional 8,207 9,392 9,844 11,442 11,799 13J)44 13,147 11,887 Pri vale creditors 714 1,097 2,051 1,262 789 550 820 1302 of which: Bonds 0 150 623 623 445 325 608 1,100 Commercial banks 401 371 1,099 551 270 91 56 45 Private nonguaranteed 138 1,593 2,560 2,098 1,998 1,619 1,537 1,463 Bonds 0 45 45 0 0 0 0 600 Commercial banks and other 138 1,548 2,515 2,098 1,998 1,619 1,537 863 Memo: lBRD 1.816 3,082 3,093 2,796 2,749 2,695 2,460 2,238 IDA 2,106 3,321 3,828 4,245 5,394 5,869 6,818 6,865 Public sector LDOD 16.374 23,694 26,995 26,338 27,935 30,712 30,853 29,475 Private sector LDOD 269 1,687 2,738 2,196 2,079 1,675 1,573 1,478 DISBURSEMENTS 1,746 3,086 1,644 2,125 2,On 973 2,425 2,977 Public and publicly guaranteed 1,708 2.331 1,527 1,952 1,790 893 2,045 2,202 Official creditors 1,629 2:199 1.522 1,669 1,684 810 1,501 1.577 Multilateral 978 1,167 ],043 1,629 1,619 703 1,363 1,523 Concessional 360 677 382 Lll8 1,174 259 992 1,006 Bilateral 651 1,032 479 40 64 106 138 54 Concessional 325 804 255 16 63 97 130 54 Pri vate creditors 78 132 4 283 106 83 544 625 of which: Bonds 0 0 0 0 0 0 500 600 Commercial banks 8 87 0 281 96 0 0 0 Private nonguaranteed 38 755 117 173 221 80 380 774 Bonds 0 0 0 0 0 0 0 600 Commercial banks and other 38 755 117 173 221 80 380 174 Memo: lBRD 356 271 159 70 33 28 I 217 IDA 135 255 141 599 928 118 781 628 PRINCIPAL REPAYMENTS 905 1,837 1,587 1,957 1,782 1,634 2,943 1,453 Public and publicly guaranteed 866 1,497 1,142 1,451 1,482 1,254 2,481 1,127 Official creditors 725 1,267 1,104 922 903 931 2,206 987 Multilateral 307 559 828 809 840 820 1,805 770 Concessional 43 81 165 174 180 208 246 244 Bilateral 418 708 276 113 63 III 401 217 Concessional 359 462 13 6 0 4 I 35 Private creditors 141 230 37 529 579 323 275 139 of which: Bonds 0 0 0 0 178 120 217 108 Commercial banks 88 138 30 451 378 182 34 11 Private nonguaranteed 39 340 445 506 301 379 462 327 Bonds 0 0 0 45 0 0 0 0 Commercial banks and other 39 340 445 461 301 379 462 327 Memo: IBRD 73 219 227 232 242 268 304 312 IDA 19 35 64 68 76 88 105 115 INTEREST PAYMENTS (LINT) 515 955 858 755 743 788 694 683 Public and publicly guaranteed 505 825 641 579 638 698 619 582 Official creditors 450 759 527 468 555 650 587 532 Multilateral 247 445 383 361 332 317 246 229 Concessional 30 59 73 70 82 88 96 103 Bilateral 204 313 144 107 223 333 342 303 Concessional 174 259 57 29 184 285 272 275 Private creditors 54 66 114 110 83 48 32 50 of which: Bonds 0 9 61 62 58 40 27 47 Commercial banks 38 32 38 33 18 6 3 2 Private nonguaranteed 11 130 217 177 105 90 75 101 Bonds 0 2 2 I 0 0 0 3 Commercial banks and other II 128 215 176 105 90 75 98 Memo: lBRD 126 217 182 159 125 105 87 93 IDA 15 24 29 28 35 42 47 52 298 PAKISTAN (US$ million, unless otherwise indicated) ]990 ]995 2000 200] 2002 2003 Euro 12.6 10.8 12.2 13.1 11.4 Japanese yen 13.6 15.2 16.9 13.8 17.7 18.3 18.8 17.7 Pound sterling 1.5 0.8 0.7 0.5 0.5 0.4 0.4 0.4 Swiss franc 0.3 0.3 0.3 0.2 0.1 0.3 0.3 0.2 U.S.dollars 35.7 31.2 41.5 41.4 41.5 41.0 38.6 42.0 Total amount rescheduled 0 0 918 13,268 157 10 0 0 Debt stock rescheduled 0 0 29 11,395 0 0 0 0 Principal rescheduled 0 0 653 L325 0 1 0 0 Oftlcial 0 0 575 1,187 0 I 0 0 Private 0 0 78 138 0 0 0 0 Interest rescheduled 0 0 236 129 146 7 0 1 Official 0 0 200 109 145 7 0 0 Private 0 0 37 20 0 0 0 0 Debt forgiven 0 0 0 0 0 7 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 300 702 482 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 2,846 -Ll09 -1,126 1,931 2,155 -193 -1,872 Net flows on debt 2.572 -342 299 530 -l,063 -831 1,271 108 -1,669 -1,852 2,217 3,012 1.085 -3,133 ALL CREDITORS Interest (%) 5.3 5.2 6.3 2.8 1.9 1.7 2.1 2.1 Maturity (years) 22.5 17.4 12.5 19.9 23.7 19.9 23.0 23.8 Grace period (years) 6.1 5.0 3.0 5.4 6.5 4.8 6.9 7.7 Grant element (%) 34.6 30.5 19.9 46.7 56.9 52.7 55.2 57.7 Official creditors Interest (%) 5.2 5.0 6.2 1.9 1.9 1.7 1.6 1.7 Maturity (years) 22.9 18.7 12.8 24.3 23.7 19.7 26.8 26.8 Grace period (years) 6.1 5.5 3.1 6.8 6.5 4.7 7.3 8.2 Grant element (%) 35.5 32.8 20.7 57.7 56.9 52.4 62.3 64.0 Pri vate creditors Interest (%) 8.8 7.0 8.0 5.2 0.0 1.8 4.4 5.2 Maturity (years) 11.3 4.4 5.3 7.1 0.0 30.0 5.0 5.0 Grace period 4.8 0.9 1.0 1.3 0.0 9.0 5.0 5.0 Grant element 5.1 8.1 4.5 14.3 0.0 66.5 21.3 18.3 2006 2007 2008 2009 2010 2011 2012 20]3 TOTAL Principal 1,324 1,381 1,298 1.696 2,385 1,180 1,218 1,220 Interest 837 841 801 752 667 610 575 539 Official creditors Principal 1,030 1,126 1,137 1,081 1,093 1,112 1,174 1,203 Interest 690 711 687 661 632 600 570 537 Bilateral creditors Principal 253 289 283 212 223 244 286 287 Interest 341 360 349 340 331 323 316 306 Multilateral creditors Principal 777 836 854 869 870 868 888 916 Interest 348 351 337 321 301 277 254 230 Private creditors Principal 294 256 160 615 1,292 68 44 17 Interest 147 131 114 91 34 10 5 3 Notes: Short-term debt data are World Bank staff estimates. 299 PANAMA (U5$ million. unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 TOTAL DEBT STOCKS (EDT) 6,493 6,101 7,041 8,242 8,295 8,697 9,397 9,765 Long·term debt (LDOD) 3,842 3,784 6,487 7,724 7,875 8,213 8,975 9,256 Public and publicly guaranteed 3,842 3,784 5,707 6,329 6,406 6,490 7,234 7,514 Private nonguaranteed 0 0 780 1,395 1,469 1,723 1,742 1,742 Use of IMF credit 272 111 90 54 50 45 36 24 Short·term debt 2,378 2,207 464 464 371 439 386 485 of which interest arrears on LDOD 978 1,608 1 1 0 0 0 0 Official creditors 266 225 0 0 0 0 0 0 Private creditors 713 1,383 I 1 0 0 0 0 Memorandum items Principal arrears on LDOD 1,982 1,997 2 2 I I 1 I Official creditors 552 204 0 0 0 0 0 0 Private creditors 1,431 1,793 2 2 1 1 I 1 TOTAL DEBT FLOWS Disbursements 6 112 725 1,913 1,325 705 1,558 1,744 Long-term debt 6 99 725 1,913 1,325 705 1,558 1,744 IMF purchases 0 13 0 0 0 0 0 0 Principal repayments 121 172 463 660 1,154 406 798 1,414 Long-term debt 51 133 411 627 1,146 397 788 1,404 IMF repurchases 70 39 52 33 8 9 10 10 Net flows on debt ·115 ·925 282 1,253 79 368 706 430 of whicb sbort-term debt 0 -866 20 0 -93 69 -54 99 Interest payments (INT) 223 144 455 514 522 548 597 668 Long-ternl debt 90 101 418 481 510 534 586 655 IMFcharges 16 7 7 4 2 1 1 I Short-term debt 117 36 30 30 11 13 10 11 Net transfers on debt -338 ·1,069 ·172 739 -443 -180 109 -238 Total debt service paid (TDS) 345 316 918 1,175 1,676 954 1,395 2,081 Long-term debt 141 234 830 1,108 1.655 931 1,374 2,059 IMI' repurchases and charges 87 46 58 37 10 10 11 11 Short-term debt (interest only) 117 36 30 30 11 13 10 11 NET RESOURCE FLOWS 216 204 948 1,764 287 1,145 1,784 1,380 Net flow of long-term debt (ex. IMF) -44 -34 314 1,286 180 308 770 340 Foreign direct investment (net) 136 223 624 467 99 818 1,004 1,027 Portfolio equity flows -1 0 0 0 0 0 0 0 Grants (excluding technical coop.) 126 15 10 10 9 19 11 12 Memo: technical coop. grants -16 43 23 27 31 35 32 27 NET TRANSFERS -71 ·293 -33 714 ·417 ·128 235 -316 Interest on long-term debt 90 101 418 481 510 534 586 655 Profit remittances on FDI 196 396 562 569 194 739 964 1,041 Gross national income (GNn 5,051 7,542 11,007 11,205 12,022 12,191 13,162 14.331 Exports of goods, servo & inc. (XGS) 5,595 9,271 9,425 9,442 8,630 8.468 9,709 11,922 Worker remit. & compo of employees 110 112 16 73 85 94 105 126 Imports of goods & services (MGS) 5,588 9,878 10,258 9,766 8,885 9,200 10.885 12,821 International reserves (RES) 344 781 723 1,092 1,183 1,011 631 1.211 Current account balance 209 -471 -673 -170 -96 -580 -1,061 -782 EDT/XGS (%) 116.0 65.8 74.7 87,3 96.1 102,7 96.8 81.9 EDT IGNI(%) 128.5 80.9 64.0 73.6 69.0 71.3 71.4 68.1 IDS IXGS (%) 6.2 3.4 9.7 12.4 19.4 11.3 14.4 17.5 !NT IXGS (%) 4.0 1.6 4.8 5.4 6.1 6.5 6.1 5.6 !NT I Gl'Il (%) 4.4 1.9 4.1 4.6 4.3 4.5 4.5 4.7 RES I EDT (%) 5.3 12.8 10.3 13.2 14.3 11.6 6.7 12.4 RES I MGS (months) 0.7 0.9 0.8 1.3 1.6 1.3 0.7 1.1 Short-term I EDT (%) 36.6 36.2 6.6 5.6 4.5 5.1 4.1 5.0 Concessionall EDT (%) 5.9 6.9 5.1 3.9 4.1 4.0 3.4 2.9 Multilateral I EDT (%) 15.5 10.0 14.6 12.7 13.6 13.6 12.5 11.4 300 PANAMA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 DEBT OUTSTANDING (LDOD) 3,842 3,784 6,487 7,724 7,875 8,213 8,975 9,256 Public and publicly guaranteed 3,842 3,784 5,707 6,329 6,406 6,490 7,234 7,514 Official creditors 1,489 1,262 1,292 1,262 1,357 1,424 1,411 1,329 Multilateral 1,006 612 1,026 1.050 1,128 1,183 1.177 1,112 Concessional 188 134 112 110 109 105 92 73 Bilateral 483 650 266 212 229 240 234 217 Concessional 194 285 245 209 228 240 230 213 Private creditors 2,353 2,522 4,415 5,067 5,049 5,067 5,823 6,185 of which: Bonds 260 3 4,141 4,882 4,920 4,955 5,726 6,105 Commercial banks 1,970 2,467 262 176 121 105 92 76 Private nonguaranteed 0 0 780 1,395 1,469 1,723 1,742 1,742 Bonds 0 0 266 520 427 510 503 635 Commercial banks and otber 0 0 514 875 1,042 L213 1,238 1,107 Memo: IBRO 462 175 283 282 287 270 245 212 IDA 0 0 0 0 0 0 0 0 Public sector LDOO 3,842 3,784 5,707 6,329 6,406 6,490 7,234 7,514 Private sector LOOO 0 0 780 1,395 1,469 1,723 1,742 1,742 DISBURSEMENTS 6 99 725 1,913 1,325 705 1,558 1,744 Public and publicly guaranteed 6 99 487 1,235 1,079 430 1,312 1,474 Official creditors 6 95 99 106 141 143 123 99 Multi lateral 0 93 88 97 117 128 104 91 Concessional 0 5 7 8 12 10 4 1 Bilateral 6 2 11 8 23 15 19 8 Concessional 0 0 11 8 23 15 14 7 Private creditors 0 5 388 1,129 938 287 1,189 1,375 of which: Bonds 0 0 370 1.123 930 275 1,176 1,374 Commercial banks 0 5 17 6 8 12 13 1 Private nonguaranteed 0 0 238 679 247 275 246 270 Bonds 0 0 0 267 0 0 0 150 Commercial banks and other 0 0 238 412 247 275 246 120 Memo: IBRO 0 3 22 26 30 16 12 9 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 51 133 411 627 1,146 397 788 1,404 Public and publicly guaranteed 51 133 386 557 951 292 567 1,152 Official creditors 45 116 109 107 84 120 135 139 Multilateral 43 84 57 57 69 106 123 127 Concessional 0 10 9 9 14 17 17 18 Bilateral 2 32 52 49 15 14 12 12 Concessional 0 10 33 32 13 13 12 12 Private creditors 6 17 277 450 867 172 433 1,013 of which: Bonds 2 0 120 356 802 143 405 995 Commercial banks 1 3 156 92 63 28 26 17 Private nonguaranteed 0 0 25 70 195 104 221 251 Bonds 0 0 0 20 115 0 0 0 Commercial banks and other 0 0 25 50 80 104 221 251 Memo: IBRO 41 43 24 26 27 35 37 39 IDA 0 0 0 0 0 0 0 0 INTEREST PAYMENTS (LINT) 90 101 418 481 510 534 586 655 Public and publicly guaranteed 90 101 366 420 437 470 494 568 Official creditors 87 59 79 81 68 68 61 61 Multilateral 85 39 69 72 62 62 55 55 Concessional 8 3 4 4 3 3 3 3 Bilateral 2 20 10 9 6 6 6 6 Concessional 0 11 8 7 5 6 6 6 Private creditors 3 42 287 339 369 402 432 507 of which: Bonds 0 0 264 325 361 396 428 503 Commercial banks 0 36 21 14 8 6 4 4 Private nonguaranteed 0 0 53 61 73 64 92 87 Bonds 0 0 24 31 38 32 34 44 Commercial banks and other 0 0 29 30 35 32 58 43 Memo: IBRD 27 15 21 20 18 15 13 12 IDA 0 0 0 0 0 0 0 0 301 PANAMA (US$ million, unless otherwise indicated) 1995 2005 Euro 0.1 0.1 0.1 0.0 0.0 Japanese yen 9.8 10.4 1.8 1.3 1.3 1.4 1.2 0.9 Pound sterling 0,7 0.4 0.1 0,0 0.0 0,0 0,0 0.0 Swiss franc 0.1 0,1 0.0 0.0 0.0 0,0 0.0 0.0 U.S.dollars 62,2 70.8 91.8 93.6 94.1 94.2 95.2 96.2 Total amount rescheduled 0 5 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 0 0 0 3 3 7 16 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 0 0 154 361 531 11 0 0 of which debt 0 0 120 337 445 0 0 0 Total change in debt stocks 274 -800 201 1,202 53 402 700 367 Net flows on debt -115 -925 282 1,253 79 368 706 430 valuation 74 -52 -42 -29 -16 -15 -43 -101 ALL CREDITORS Interest (%) 5,0 5.0 9.3 8.6 5.1 7.9 7.8 7.5 Maturity (years) 8.3 17.8 19.9 ILl 23.0 26.7 17.3 21.4 Grace period (years) 4.8 3.8 15.8 9.3 4.3 22.9 16.6 21.1 Grant element (%) 22.6 28.5 1.4 7.5 32.3 15.1 14.6 20.7 Official creditors Interest (%) 5.0 6.9 5.8 5.2 5.1 5.7 3.5 3.7 Maturity (years) 8.3 2L2 22.8 19.7 24.4 19.4 18.9 19.9 Grace period (years) 4,8 4.6 4.6 4.8 4.5 4.8 4.9 5.1 Grant element (%) 22.6 20.0 29.2 28.8 33.7 27.1 41.9 41.5 Private creditors Interest (% ) 0.0 3.3 )0.4 9.1 4.4 8.7 8.0 7.6 Maturity (years) 0.0 14.7 19,0 9.9 6.7 29,2 17.3 21.5 Grace period 0.0 3.1 19.0 9.9 1.0 29,1 17.2 21.5 Grant element 0.0 36.4 -6.6 4.5 16.2 11.0 13.1 20.2 TOTAL Principal 857 400 572 287 410 819 857 202 Interest 633 644 625 604 592 542 479 431 Official creditors Principal 173 154 150 144 139 134 124 114 Interest 72 68 64 58 52 45 38 32 Bilateral creditors Principal 18 14 IS 14 14 14 13 14 Interest 6 6 5 5 5 4 4 3 Multilateral creditors Principal 156 140 135 130 125 120 III 100 Interest 66 62 58 53 47 41 35 29 Private creditors Principal 684 246 422 143 271 685 733 88 Interest 562 576 562 546 540 497 441 399 Notes: Data on long-term private nonguaranteed debt are World Bank staff estimates. Data for 1996-2002 include debt buybacks. 302 PAPUA NEW GUINEA (US$ million, unless otherwise indicated) ]990 1995 2000 2001 2002 2003 2004 2005 TOTAL DEBT STOCKS (EDT) 2,594 2,506 2,592 2,505 2,477 2,464 2,149 1,849 Long-term debt (LDOD) 2,461 2,378 2,504 2,329 2,297 2,231 1,976 1,654 Public and publicly guaranteed 1,523 1,668 1,490 1,397 1,479 1,505 1,445 1,266 Private nonguaranteed 938 711 ],014 932 818 727 531 387 Use of IMF credit 61 50 39 108 116 122 64 0 Short-term debt 72 78 49 68 64 111 109 195 of which interest arrears on LDOD 0 0 0 0 0 0 0 0 Official creditors 0 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 0 0 0 0 0 0 0 0 Official creditors 0 0 0 0 0 0 0 Private creditors ° ° ° ° ° 0 0 ° ° TOTAL DEBT FLOWS Disbursements 681 240 293 266 59 40 35 50 Long-tenn debt 623 189 254 194 59 40 35 50 IMF purchases 58 51 38 72 0 0 0 Principal repayments Long-tenn debt 391 388 509 493 216 196 191 190 ° 208 208 222 217 390 330 318 257 IMF repurchases 3 16 19 1 0 5 60 61 Net flows on debt 197 -291 29 94 -154 -135 ·357 ·182 of which short-tenn debt -93 -21 -48 19 -5 47 -2 86 Interest payments (INT) 162 117 90 78 69 72 84 70 Long-tenn debt 156 111 85 73 65 69 78 61 IMFcharges 0 1 1 3 3 2 3 I Short-tenn debt 6 5 4 2 1 1 3 8 Net transfers on debt 35 -408 -61 15 ·223 ·207 441 ·252 Total debt service paid (TDS) 553 626 306 270 277 294 474 388 Long-tenn debt 544 604 282 264 273 286 408 318 IMF repurchases and charges 3 17 20 4 3 7 63 62 Short-tenn debt (interest only) 6 5 4 2 1 1 3 8 NET RESOURCE FLOWS 694 420 252 137 ·32 29 ·130 -43 Net flow of long-tenn debt (ex, IMp) 235 -304 58 4 -149 -177 -296 -207 Foreign direct investment (net) 155 455 96 63 18 101 55 34 Portfolio equity flows 0 0 0 0 0 0 0 Grants (excluding technical coop.) Memo: technical coop. grants 304 44 ° 269 89 98 144 70 133 99 136 105 148 110 187 131 161 NET TRANSFERS 381 -100 -31 ·142 ·270 ·440 ·570 -579 Interest on long-tenn debt 156 III 85 73 65 69 78 61 Profit remittances on FDI 158 409 198 206 173 400 361 475 ('rross national income (GNI) 3,098 4,438 3,368 2,937 2,790 3,050 Exports of goods, servo & inc. (XGS) 1,487 3,014 2.369 2,118 1,834 2,454 2,786 3,612 Worker remit. & comp. of employees 5 16 7 6 II 13 16 13 Imports of goods & services (MGS) 1,719 2,415 2,013 1,845 1,985 2,548 2,913 3.257 International reserves (RES) 427 267 304 440 343 520 660 750 Current account balance -76 674 351 286 -129 140 122 640 EDT IXGS (%) 174,4 83.1 109,4 118.3 135.0 100,4 77.1 51.2 EDT I GNI(%) 83.7 56.5 77.0 85.3 88.8 80.8 IDS f XGS (%) 37.2 20.8 12.9 12.7 15.1 12.0 17.0 10.7 !NT I XGS (%) 10.9 3,9 3.8 3.7 3,8 2,9 3.0 1.9 !NT IGNI (%) 5,2 2.6 2.7 2.7 2.5 2,4 RES I EDT (%) 16.5 10.6 11.7 17.6 13.9 21.1 30.7 40.6 RES I MGS (months) 3,0 1.3 1.8 2.9 2.1 2.5 2.7 2.8 Short-tenn I EDT (%) 2.8 3.1 1.9 2.7 2.6 4.5 5.1 10.5 Concessional f EDT (%) 21.6 32.1 35,4 32.1 34.9 36.2 41.8 42.2 Multilateral I EDT (% ) 29.5 37.4 33.3 34.0 36.1 36,4 41.9 45.2 303 PAPUA NEW GUINEA (US$ million, unless otherwise indicated) DEBT OUTSTANDING (LDOD) 2,461 2,378 2,504 2,329 2,297 2,231 1,976 1,654 Public and publicly guaranteed 1,523 1,668 1,490 1,397 1,479 1,505 1,445 1,266 Official creditors 1,074 1,441 1.430 1,332 1,392 1,411 1,367 1,215 Multilateral 764 938 863 852 895 898 901 835 Concessional 362 454 454 401 444 443 460 410 Bilateral 310 503 567 481 497 513 466 380 Concessional 199 351 465 402 422 450 438 371 Pri vate creditors 449 227 60 65 87 94 78 51 of which: Bonds 37 0 0 0 0 0 0 0 Commercial banks 307 157 54 63 87 94 78 51 Private nonguaranteed 938 711 l.O14 932 818 727 531 387 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 938 711 1,014 932 818 727 531 387 Memo: IBRD 235 299 244 275 272 269 260 249 IDA 115 108 92 88 87 86 84 78 Public sector LDOD 1,501 1,667 1,476 1,397 1.479 1,505 1,445 1,266 Private seclor LDOD 960 711 1,027 932 818 727 531 387 DISBURSEMENTS 623 189 254 194 59 40 35 50 Public and publicly guaranteed 280 135 219 184 59 40 35 50 Official creditors 234 122 206 154 33 25 30 49 Multilateral 180 55 67 111 26 21 29 41 Concessional 77 19 12 3 7 6 11 7 Bilateral 54 67 139 43 7 4 I 8 Concessional 28 15 56 42 4 3 I 7 Pri vate creditors 45 13 13 30 27 IS 5 1 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 20 13 13 30 27 \5 5 1 Private nonguaranteed 343 54 35 10 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 343 54 35 10 0 0 0 0 Memo: IBRD 64 34 43 66 9 7 9 20 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 388 493 196 190 208 217 330 257 Public and pnblicly guaranteed 184 204 116 98 94 126 134 114 Official creditors 48 82 97 90 86 103 III 93 Multilateral 35 47 54 51 50 49 50 48 Concessional IS 7 10 10 12 I3 14 14 Bilateral 13 35 44 39 36 54 62 45 Concessional 2 14 33 36 22 23 26 25 Private creditors 136 122 19 9 8 23 23 21 of which: Bonds 0 32 0 0 0 0 0 0 Commercial banks 129 63 10 7 7 23 23 21 Private nonguaranteed 204 289 80 92 114 91 196 143 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 204 289 80 92 114 91 196 143 Memo: IBRD 14 27 29 25 24 22 22 23 IDA I 2 3 3 3 4 4 4 INTEREST PAYMENTS (LINT) 156 111 85 73 65 69 78 61 Public and publicly guaranteed 86 82 55 48 47 46 42 38 Official creditors 40 63 50 46 44 42 38 36 Multilateral 27 44 32 28 26 23 21 22 Concessional 3 5 5 4 4 4 4 4 Bilateral 13 19 18 18 18 19 17 14 Concessional 5 12 16 12 12 12 I3 12 Private creditors 46 19 5 3 4 4 3 2 of which: Bonds 3 2 0 0 0 () 0 0 Commercial banks 36 9 3 3 4 4 3 2 Private nonguaranteed 70 29 31 25 17 23 36 23 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 70 29 31 25 17 23 36 23 Memo: IBRD 14 22 15 I3 II 9 8 10 IDA I I I I 1 1 1 1 304 PAPUA NEW GUINEA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 2.8 3.2 3.6 3.8 3.8 Japanese yen 2004 21.3 29.3 27.0 28.6 30.7 31.4 29.7 Pound sterling 2.1 0.6 0.8 0.0 0.0 0.0 0.0 0.0 Swiss franc 1.5 0.0 0.0 0.0 0.0 0.1 0.1 OJ U.S.dollars 27.3 19.4 20.8 26.4 25.4 26.0 28.2 33.7 Total amount rescheduled a a 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 a 0 a a 0 Official 0 0 a 0 a 0 a 0 Private 0 a 0 0 0 0 0 a Interest rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 a 0 0 0 a 0 Debt forgiven 0 a 0 0 I 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 a Debt stock reduction 0 0 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 278 -287 -103 -88 -28 -13 -315 -300 Net flows on debt 197 -291 29 94 -154 -135 -357 -182 77 -26 -117 -118 116 156 45 -120 ALL CREDITORS Interest (%) 6.0 5.2 6.5 3.8 1.9 0.0 1.3 0.0 Maturity (years) 16.0 10.6 16.0 16.1 24.6 0.0 30.4 0.0 Grace period (years) 4.6 4.4 4.8 4.2 6.5 0.0 7.4 0.0 Grant element (%) 22.7 23.2 20.4 35.5 58.6 0.0 68.7 0.0 Official creditors Interest (%) 5.7 5.2 6.5 4.7 1.9 0.0 \.3 0.0 Maturity (years) 17.3 10.6 17.3 18.3 24.6 0.0 30.4 0.0 Grace period (years) 4.9 4.4 5.1 4.7 6.5 0.0 7.4 0.0 Grant element (%) 24.5 23.2 21.5 33.8 58.6 0.0 68.7 0.0 Private creditors Interest (%) 7.2 0.0 6.2 2.1 0.0 0.0 0.0 0.0 Maturity (years) 9.5 0.0 5.3 11.4 0.0 0.0 0.0 0.0 Grace period 3.2 0.0 2.5 3.1 0.0 0.0 0.0 0.0 Grant element 13.4 0.0 10.9 39.0 0.0 0.0 0.0 0.0 2006 2007 2008 2009 2010 2011 2012 2013 TOTAL Principal 205 169 166 140 130 125 108 103 Interest 61 54 48 42 36 31 27 23 Official creditors Principal 91 89 94 96 93 96 83 82 Interest 40 38 36 33 30 27 24 21 Bilateral creditors Principal 33 31 30 30 29 32 23 23 Interest 11 10 9 8 7 6 6 5 Multilateral creditors Principal 58 58 64 66 64 64 60 59 Interest 29 28 27 25 23 20 18 16 Private creditors Principal 114 79 71 44 37 29 25 21 Interest 22 16 12 8 6 4 3 2 Notes: Private non-guaranteed debt data are World Bank staff estimate. 305 PARAGUAY (US$ million, unless otherwise indicated) 1995 2000 2001 2002 TOTAL DEBT STOCKS (EDT) 2,105 2,574 3,089 2,802 2,948 3,186 3,409 3,120 Long-term debt (LDOD) 1,732 1,791 2,510 2,341 2,462 2,635 2,743 2,607 Public and publicly guaranteed 1,713 1,453 2,060 1,981 2,045 2,201 2,431 2,264 Pri vate nonguaranteed 19 338 450 360 417 434 312 343 Use of IMF credit 0 0 0 0 0 0 0 0 Short-term debt 373 784 580 461 486 Sst 666 513 of which interest arrears on LDOD 115 7 11 12 18 23 0 0 Official creditors 29 4 5 5 10 15 0 0 Private creditors 86 4 6 7 8 9 0 0 Memorandum items Principal arrears on LDOD 321 60 55 39 49 63 9 5 Official creditors 61 16 30 14 25 44 9 5 Private creditors 259 44 26 25 24 19 0 0 TOTAl, DEBT FLOWS Disbursements 77 224 192 125 274 250 139 318 Long-term debt 77 224 192 125 274 250 139 318 IMF purehases 0 0 0 0 0 0 0 0 Principal repayments 235 159 205 214 231 213 337 349 Long-term debt 235 159 205 214 231 213 337 349 IMF repurehases 0 0 0 0 0 0 0 0 Net flows on debt -83 261 -185 -208 61 98 -59 -184 of which short-tenn debt 75 196 -173 -120 18 61 138 -153 Interest payments (lNT) 90 135 148 146 109 110 164 139 Long-term debt 77 93 115 128 101 104 146 ltO IMFcharges 0 0 0 0 0 0 0 0 Short-term debt 13 42 33 \8 8 6 18 29 Net transfers on debt -173 126 -333 -354 -49 -13 -224 -323 Total debt service paid (TDS) 325 294 353 360 341 323 501 489 Long-term debt 312 252 320 342 333 317 483 459 IMF repurchases and charges 0 0 0 0 0 0 0 0 Short-term debt (interest only) 13 42 33 18 8 6 18 29 NET RESOURCE FLOWS -74 204 117 16 71 82 -136 53 Net flow of long-term debt (ex, IMp) -158 65 -\3 -88 42 37 -197 -31 Foreign direct investment (net) 77 103 104 84 10 27 44 64 Portfolio equity flows 0 0 0 0 0 0 0 0 Orants (excluding technical coop,) 7 36 26 20 19 18 18 20 Memo: technical coop, grants 40 64 56 46 48 48 49 46 NET TRANSFERS -168 49 -82 -201 -70 -82 -475 -214 1nterest on long-term debt 77 93 115 128 101 104 146 110 Profit remittances on FDI 17 62 84 89 39 60 193 157 Oross national income (ONI) 5,381 8,176 7,071 6,462 4,837 4,615 5,114 7,341 Exports of goods, serv, & inc, (XOS) 2,631 5,210 3,336 2,841 2,721 3,020 3,789 4,280 Worker remit. & comp, of employees 34 287 278 264 202 223 238 268 Imports of goods & services (MOS) 2,284 5,363 3,524 3,134 2,645 2,949 3,713 4,365 1nternational reserves (RES) 675 1,106 772 723 641 983 1.168 1,297 Current account balance 390 -92 -163 -266 93 125 138 -22 EDT/XOS ('Yo) 80,0 49,4 92,6 98,6 108,3 105.5 90,0 72,9 EDT I ONI(%) 39.1 31,5 43,7 43.4 60,9 69,0 66,7 42.5 TDS I XOS (%) 12,4 5,6 10,6 12,7 12.5 10,7 13,2 11.4 \NT I XOS (%) 3,4 2,6 4,4 5,2 4,0 3,6 43 3,3 \NT IONI(%) L7 1,6 2,1 2,3 2.3 2A 3,2 1,9 RES I EDT(%) 32,1 43,0 25.0 25,8 21.8 30,9 34.3 41,6 RES I MOS (months) 3.5 2,5 2,6 2,8 2,9 4,0 3,8 3,6 Short-term I EDT (%) 17,7 30,4 18.8 16.5 16,5 17,3 19.5 16.4 Concessionall EDT (%) 263 32,0 28,0 27,8 27.1 26.3 25.8 253 Multilateral I EDT (%) 34.8 30.2 36.9 40.4 39,6 40,9 38,1 38,8 306 PARAGUAY (US$ million, unless otherwise indicated) 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 1,732 1,791 2,510 2,341 2,462 2,635 2,743 2,607 Public and publicly guaranteed 1,713 1,453 2,060 1,981 2,045 2,201 2,431 2,264 Official creditors 1,182 1,320 1,611 1,532 1,602 1,749 1,941 1,802 Multilateral 732 778 1,141 1,133 1,168 1,302 1,299 1,212 Concessional 229 332 409 390 376 401 384 354 Bilateral 450 543 471 399 434 446 643 590 Concessional 325 491 455 390 424 438 496 436 Private creditors 531 133 449 449 443 452 490 462 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 258 56 424 420 416 418 471 452 Private nonguaranteed 19 338 450 360 417 434 312 343 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 19 338 450 360 417 434 312 343 Memo: lBRD 279 154 201 205 216 256 246 223 IDA 41 36 28 27 25 24 22 21 Public sector IDOD 1,713 1,453 2,060 1,981 2,045 2,201 2,431 2,264 Private sector LDOD 19 338 450 360 417 434 312 343 DISBURSEMENTS 77 224 192 125 274 250 139 318 Pnblic and publicly guaranteed 77 216 192 125 103 153 139 144 Official creditors 50 204 192 117 103 135 121 136 Multilateral 31 129 166 92 67 127 82 70 Concessi anal 7 41 11 2 1 0 4 0 Bilateral 19 75 26 26 35 9 39 66 Concessional 18 72 26 24 35 9 26 41 Private creditors 27 1l 0 8 0 18 18 8 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 2 II 0 0 0 11 15 8 Private nonguaranteed 0 8 0 0 171 97 0 174 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 8 0 0 171 97 0 174 Memo: lBRD 16 26 47 27 14 42 17 17 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 235 159 205 214 231 213 337 349 Pnblic and publicly guaranteed 226 157 112 124 122 133 215 207 Official creditors 198 123 105 117 116 129 190 170 Multilateral 62 76 61 70 78 86 124 100 Concessional 6 10 15 19 19 18 28 19 Bilateral 137 47 43 47 37 43 66 70 Concessional 20 40 39 40 37 40 60 52 Pri vate creditors 27 34 7 7 6 4 25 37 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 10 10 4 3 4 3 11 27 Private nonguaranteed 9 2 93 90 109 80 122 142 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 9 2 93 90 109 80 122 142 Memo: lBRD 40 41 19 14 15 19 33 25 IDA 1 I 1 1 1 2 I I INTEREST PAYMENTS (LINT) 77 93 115 128 101 104 146 110 Pnblic and publicly guaranteed 77 87 99 105 79 79 125 94 Official creditors 57 71 69 74 62 67 104 74 Multilateral 47 41 51 57 54 54 63 50 Concessi anal 4 6 8 9 7 7 10 9 Bilateral 10 30 18 17 9 13 41 24 Concessional 10 22 17 16 9 13 36 14 Pri vale creditors 20 16 30 31 17 12 21 20 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 2 2 29 30 16 1l 14 19 Private nonguaranteed 0 6 16 23 22 26 22 16 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 6 16 23 22 26 22 16 Memo: lBRD 25 15 11 II 10 12 14 10 IDA 0 0 0 0 0 0 0 0 307 PARAGUAY (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 3.2 3.4 3.5 2.7 2.8 Japanese yen 15.6 22.7 15.0 13.6 14.0 13.5 14.1 13.5 Pound sterling 2.0 0.3 0.1 0.1 0.1 0.1 0.1 0.0 Swiss franc 0.3 0.1 0.1 0.1 0.1 0.1 0.0 0.0 U.S.dollars 17.2 28.8 60.1 62.3 62.5 63.7 66.6 68.2 Total amount rescheduled 0 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 () Private () () () 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 15 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 436 0 0 0 0 0 0 0 of which debt III 0 0 0 0 0 0 0 Total change in debt stocks -277 469 -294 -287 146 238 223 -289 Net flows on debt -83 261 -185 -208 61 98 -59 -184 valuation 778 -28 -97 ·70 82 93 47 -93 ALL CREDITORS Interest (%) 3.5 5.6 6.4 4.9 2.8 2.6 0.0 4.6 Maturity (years) 34.4 19.0 21.8 18.5 17.9 17.7 0.0 16.2 Grace period (years) to. I 5.5 3.0 5.3 4.5 4.9 0.0 4.6 Grant element (%) 53.9 28.1 22.1 32.4 44.3 46.9 0.0 32.1 Official creditors Interest (% ) 3.5 5.5 6.4 4.8 2.8 2.6 0.0 4.4 Maturity (years) 34.4 19.3 21.8 \9.5 17.9 17.7 0.0 16.4 Grace period (years) 10.1 5.6 3.0 5.5 4.5 4.9 0.0 4.7 Grant element (%) 53.9 28.8 22.1 34.1 44.3 46.9 0.0 33.0 Private creditors Interest (%) 0.0 8.0 0.0 6.1 0.0 0.0 0.0 8.4 Maturity (years) 0.0 9.8 0.0 8.6 0.0 0.0 0.0 7.7 Grace period (years) 0.0 2.3 0.0 2.3 0.0 0.0 0.0 2.2 Grant element (%) 0.0 7.8 0.0 15.0 0.0 0.0 0.0 5.1 TOTAL Principal 323 299 291 262 250 229 209 178 Interest 131 120 108 96 84 72 62 52 Official creditors Principal 180 194 193 188 185 176 164 137 Interest 87 83 77 70 63 55 48 40 Bilateral creditors Principal 60 61 56 64 61 54 53 41 Interest 24 23 22 20 18 16 14 12 Multilateral creditors Principal 120 133 137 123 124 121 III 96 Interest 63 60 55 50 45 39 34 29 Private creditors Principal 142 105 98 74 66 54 45 41 Interest 45 37 31 25 21 17 14 12 Notes: Private non-guaranteed debt data are World Bank staff estimate. 308 PERU (US$ million, unless otherwise indicated) 2000 TOTAL DEBT STOCKS (EDT) 20,044 30,833 28,661 27,556 28,068 29,641 31,218 28,653 Long-term debt (LDOD) 13,959 20,219 24,175 24,155 25,530 26,954 28,379 25,387 Public and publicly guaranteed 13,629 18,931 19,237 18,899 20,410 22,531 24,199 22,222 Private nonguaranteed 330 1,288 4,938 5,256 5,120 4,423 4,180 3,165 Use of IMF credit 755 955 558 387 236 139 104 57 Short-term debt 5,330 9,659 3,928 3,014 2,301 2,548 2,735 3,208 of which interest arrears on LDOD 3,713 4,584 14 22 27 23 22 0 Official creditors 1,386 211 11 14 16 14 16 0 Private creditors 2,326 4,373 4 7 II 9 6 0 Memorandum items Principal arrears on LDOD 8,345 4,150 29 41 44 9 29 0 Official creditors 3,215 1,0\6 21 32 36 6 28 0 Private creditors 5,130 3,134 7 9 8 3 1 0 TOTAL DEBT )<'LOWS Disbursements 289 880 2,065 1,721 3,004 2,243 2,670 3,716 Long-term debt 289 880 2,065 1.721 3,004 2,243 2,670 3,716 IMF purchases 0 0 0 0 0 0 0 0 Principal repayments 229 521 1,138 841 2,139 1,159 1,278 3,846 Long-term debt 166 521 997 687 1,965 1,047 1,238 3,806 IMF repurchases 63 0 141 153 173 112 40 40 Net flows on debt 126 3,148 289 -41 148 1,334 1,580 365 of which short -term debt 66 2,789 -638 -922 -718 251 188 495 Interest payments (INT) 247 721 1,434 1.358 1,223 1,367 1,441 1,740 Long-term debt 91 485 Ll74 1;155 1,146 1,292 1,368 1,619 IMFcharges 74 52 33 23 10 4 3 3 Short-term debt 82 184 227 180 68 n 70 118 Net transfers on debt -121 2,427 -1,145 -1,399 -1,076 -33 139 -1,376 Total debt service paid (TDS) 476 1,242 2,573 2,198 3,362 2,527 2,719 5,586 Long-term debt 257 1,006 2,171 1,842 3,111 2,339 2,606 5,426 IMF repurchases and charges 137 52 174 176 183 116 43 42 Short-term debt (interest only) 82 184 227 180 68 72 70 118 NET RESOURCE FLOWS 344 3,365 2,160 2,423 3,350 2,713 3,381 3,428 Net flow of long-term debt (ex. IMp) 123 359 1,068 L034 1,039 1,196 1,431 -91 Foreign direct investment (net) 41 2,557 810 1,144 2,156 1,335 1,816 2,519 Portfolio equity flows 0 171 123 43 -9 1 -47 766 Grants (excluding technical coop.) 180 279 159 202 164 182 180 234 Memo: technical coop. grants 127 127 151 219 229 284 288 228 NET TRANSFERS 238 2,046 642 1,138 1,725 309 -291 -2,151 Interest on long-term debt 91 485 1,174 1,155 1,146 1,292 1,368 1,619 Profit remittances on FDl IS 835 344 131 479 1.112 2,304 3,960 Gross national income (GNn 25,509 51,140 51,878 52,836 55,606 59,337 66,013 74,297 Exports of goods, serv. & inc. (XGS) 4,402 7,796 9,939 9,904 10,319 11,968 15,984 21,483 Worker remit. & comp, of employees 87 599 718 753 705 860 1,123 1,440 Imports of goods & services (MGS) 6,015 12,653 11,746 11,337 II ,no 13,270 16,333 20,804 International reserves (RES) 1,891 8,653 8,676 8,980 9,721 10,242 12,665 14,171 Current account balance -1.419 -4,625 -1,526 -1,144 -L063 -935 -11 1,030 EDT/XGS (%) 455.3 395,5 288.4 278.2 272.0 247.7 195.3 133.4 EDT IGN1(%) 78,6 60.3 55.2 52.2 50.5 50.0 47.3 38.6 TDS/XGS (%) 10.8 15,9 25,9 22.2 32.6 2L1 \7,0 26,0 !NT /XGS (%) 5.6 9.3 14.4 13.7 11.9 11.4 9,0 8.1 !NT IGNJ (%) 1.0 1.4 2.8 2.6 2.2 2.3 2.2 2.3 RES I EDT (%) 9.4 28.1 30.3 32,6 34.6 34.6 40.6 49.5 RES / MGS (months) 3.8 8,2 8.9 9.5 10.0 9.3 9.3 8,2 Short-term I EDT ('Yo) 26.6 31.3 13.7 10.9 8,2 8,6 8.8 11.2 Concessionall EDT (%) 9.3 18.2 13.8 13.3 14.2 15.5 15.3 11,3 Multilateral I EDT (%) 11.0 12.1 19.3 22.8 24.3 24.3 24,8 27,6 309 PERU (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (1,000) 13,959 20,219 24,175 24,155 25,530 26,954 28,379 25,387 Public and publicly guaranteed 13,629 18,931 19,237 18,899 20,410 22,531 24,199 22,222 Official creditors 6,594 15,229 14,406 14,762 15,604 16,549 16.926 13,518 Multilateral 2,199 3,716 5,532 6,289 6,825 7.193 7,744 7,905 Concessional 185 142 92 83 77 313 442 461 Bilateral 4,395 11,513 8,875 8,473 8,779 9,356 9,182 5,613 Concessional 1,674 5,485 3,854 3,595 3,903 4,285 4,338 2,778 Private creditors 7,035 3.702 4,830 4,137 4,806 5,982 7,273 8,704 of which: Bonds 1 0 3,727 3,727 4,424 5,630 6,949 8,390 Commercial banks 3,159 3,040 110 105 98 90 82 86 Private nonguaranteed 330 1,288 4,938 5,256 5,120 4,423 4,180 3,165 Bonds 0 60 150 150 150 150 150 1,230 Commercial banks and other 330 1,228 4,788 5,106 4,970 4,273 4,030 1,935 Memo: ffiRD 1,188 1,729 2,590 2,625 2,609 2,789 2,834 2,816 IDA 0 0 0 0 0 0 0 0 Public sector LDOD 13,584 18,925 17,966 17,692 19,273 21,467 23,215 21,324 Private sector LDOD 376 1,294 6,209 6,463 6,257 5,486 5,164 4,063 DISBURSEMENTS 289 880 2,065 1,721 3,004 2,243 2,670 3,716 Public and publicly guaranteed 289 725 1,488 1,387 2,929 2,188 2,542 2,630 Official creditors 187 720 1,454 1,387 1,006 938 1,233 980 Multilateral 38 631 813 1,110 807 697 1,049 798 Concessional 10 3 6 6 3 224 143 37 Bilateral 149 89 640 277 199 241 184 182 Conccssiona1 112 26 558 173 169 221 184 182 Private creditors 103 5 35 0 1,923 1,250 1,308 1,650 of which: Bonds 0 0 0 0 1,923 1,250 1,308 1,650 Commercial banks 69 0 34 0 0 0 0 0 Private nonguaranteed 0 155 577 334 75 55 128 1,086 Bonds 0 0 0 0 0 0 0 1,080 Commercial banks and other 0 155 577 334 75 55 128 6 Memo: IBRD 0 202 266 149 146 344 234 192 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 166 521 997 687 1,965 1,047 1,238 3,806 Public and publicly guaranteed 112 481 979 67] 1,948 995 1,168 2,844 Official creditors 81 404 834 644 716 922 1,074 2,730 Multilateral 24 201 497 297 357 444 530 558 Concessional 3 21 13 14 11 15 15 15 Bilateral 57 203 337 347 360 479 543 2,172 Concessional 5 59 99 151 168 210 247 1,291 Private creditors 31 77 146 27 1,232 73 94 115 of which: Bonds 0 0 0 0 1,204 44 67 90 Commercial banks 9 28 130 5 7 7 9 11 Private nonguaranteed 54 40 17 16 17 52 71 962 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 54 40 17 16 17 52 71 962 Memo: ffiRD 0 86 93 114 163 163 189 210 IDA 0 0 0 0 0 0 0 0 INTEREST PAYMENTS (LIl'ff) 91 485 1,174 1,155 1,146 1,292 1,368 1,619 Public and publicly guaranteed 66 413 1,105 1,076 1,076 1,149 1,205 1,374 Official creditors 51 395 917 900 845 812 746 778 Multilateral 27 245 383 408 373 342 300 355 Concessionai 3 7 3 3 2 6 IS 26 Bilateral 24 150 534 492 473 470 446 423 Concessional 7 75 155 141 137 139 142 141 Private creditors 15 19 188 176 231 337 459 596 of which: Bonds 0 0 179 160 196 305 429 568 Commercial banks 8 10 5 10 10 9 8 8 Private nonguaranteed 25 71 69 78 70 143 163 245 Bonds 0 6 11 11 11 II 11 56 Commercial banks and other 25 65 58 67 59 132 151 188 Memo: ffiRD 0 118 189 186 141 115 92 105 IDA 0 0 0 0 0 0 0 0 310 PERU (U5$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 5.9 6.3 6.3 9.4 6.6 Japanese yen 6.3 14.6 13.8 12.7 13.2 13.9 13.3 9.2 Pound sterling 0.9 1.2 0.4 0.4 0.4 0.3 0.3 0.1 Swiss franc 1.5 1.2 0.5 0.4 0.4 0.3 0.2 0.1 U.S.dollars 48.0 41.9 73.6 75.4 75.0 74.9 73.1 80.6 Total amount rescheduled 0 919 I 0 0 0 0 21 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 304 0 0 0 0 0 6 Official 0 284 0 0 0 0 0 5 Private 0 20 0 0 0 0 0 I Interest rescheduled 0 516 0 0 0 0 0 15 Official 0 511 0 0 0 0 0 10 Private 0 4 0 0 0 0 0 4 Debt forgiven 0 0 0 0 8 51 17 64 Memo: interest forgiven 0 0 0 0 I 6 1 3 Debt stock reduction 0 0 0 0 1.204 0 0 0 of which debt 0 0 0 0 1,204 0 0 0 Total change in debt stocks 1,479 4,323 -518 -l,l05 512 1,573 1,578 -2.566 Net flows on debt 126 3,148 289 -41 148 1,334 1,580 365 valuation 642 267 -517 -275 602 697 251 -627 ALL CREDITORS Interest (%) 6,7 6.2 5.8 6.5 7.9 6.0 5.8 7.0 Maturity (years) 8.6 17.4 22.1 16,6 11.8 17.7 13.2 20.6 Grace pcriod (years) 2.1 4.6 5.0 4.1 7.7 12.9 7.9 IS.3 Grant element (%) 13.3 23.2 30.8 20.8 ll.8 24.5 25.5 23.0 Official creditors Interest (%) 7.1 6.2 5.8 6.5 5.2 2.0 3.6 4.7 Maturity (years) 9.2 17.4 22.1 16.6 18.1 16.0 16.0 16.3 Grace period (years) 2.4 4.6 5.0 4.1 4.6 5.6 4.7 7.0 Grant element (%) 14.2 23.2 30.9 20.S 29.7 48.9 38.5 33.9 Private creditors Interest (%) 5,5 0,0 9,0 0,0 9,1 9.4 7,8 7.7 Maturity (years) 6.7 0.0 5.0 0.0 9.0 19.2 1O.S 22.0 Grace period 1.3 0.0 0.1 0.0 9.0 19.2 10.8 22.0 Grant element lO.5 0.0 1.7 0.0 3.7 3.4 13.7 19.4 TOTAl" Principal 1,725 1,674 2,328 1,657 1,598 1,625 3,317 1,617 Interest 1.604 1,589 1,548 1,403 1,308 1,217 1,044 863 Official creditors Principal 1,111 1, 182 1,222 1.267 1,284 1,302 1,348 1,314 Interest 726 681 625 562 494 423 348 272 Bilateral creditors Principal 495 489 51! 533 537 562 593 621 Interest 288 269 248 224 196 166 134 99 Multilateral creditors Principal 616 693 712 734 747 740 755 693 Interest 438 411 377 339 298 257 215 173 Private creditors Principal 614 492 1,106 390 314 322 1,969 303 Interest 878 908 923 840 814 794 695 590 Notes: Data on long-term private nonguaranteed debt are World Bank staff estimates. Principle payments in 2005 include the $2.0 billion prepaid to Paris Club creditors. Data include the effects of the 2002 buyback operation on the Brady Bonds. 311 PHILIPPINES (US$ million, unless otherwise indicated) 1995 2000 TOTAL DEBT STOCKS (EDT) 30,580 39,379 58,304 58,252 59,907 62,589 60,918 61,527 I,ong-term debt (LDOD) 25,241 33,372 50,777 50,300 52,662 55,213 55,116 54,743 Public and publicly guaranteed 24,040 28,525 33,744 29,210 32,320 36,\47 35,932 35,233 Private nonguaranteed \,20\ 4,847 17,033 21,090 20,342 19,066 19,184 19,510 Use of IMF credit 912 728 2,032 1,952 1,686 1,197 756 389 Short-term debt 4,427 5,279 5,495 6,000 5,559 6,179 5,046 6,395 of which interest arrears on LDOD 52 0 0 0 0 0 0 0 Official creditors 4 0 0 0 0 0 0 0 Pri vale creditors 48 0 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 182 0 1 I 1 I 0 I Official creditors 13 0 0 0 0 0 0 0 Pri vate creditors 169 0 I I I 1 0 I TOTAL DEBT FLOWS Disbursements 2,516 2,840 6,060 7,563 6,743 7,400 8,311 6,632 Long-term debt 2,516 2,840 5,747 7,563 6,743 7,400 8,311 6,632 IMF purchases 0 0 313 0 0 0 0 0 Principal repayments 1,818 3,099 4,055 5,953 7,058 7,340 7,711 6,404 Long-term debt 1,473 2,737 4.047 5,946 6.653 6,732 7,238 6,087 IMP repurchases 345 363 8 8 405 608 473 317 Net flows on debt 1,123 -696 2,551 2,114 -756 680 -533 1,576 of which short-term debt 425 -437 546 505 -441 620 -1,133 1,349 Interest payments (11\"1') 1,772 2,264 3,004 3,410 3,143 2,859 3,715 3,489 Long-term debt 1,573 1,859 2,469 3,039 2,924 2,699 3,490 3,183 IMF charges 99 55 94 92 54 29 25 20 Short-term debt 100 351 442 279 165 132 200 286 Net transfers on debt -649 -2,960 -453 -1,295 -3,899 -2,179 -4,248 -1,912 Total debt service paid (TDS) 3,590 5,363 7,059 9,363 10,201 10,199 11,426 9,893 Long-ternl debt 3,046 4,595 6,516 8,985 9,577 9,431 10,728 9,270 IMF repurchases and charges 444 417 102 100 459 636 497 337 Short-tenn debt linterest only) 100 351 442 279 165 132 200 286 NET RESOURCE FLOWS 1,934 1,859 3,896 2,117 2,037 1,834 2,434 3,281 Net flow of long-term debt (ex. IMF) 1,043 104 1.700 1,617 90 668 1,073 545 Foreign direct investment (net) 530 1,478 2,240 195 1,542 491 688 1,132 Portfolio equity flows 0 0 -202 125 227 SOl 518 1,461 Grants (excluding technical coop.) 362 277 158 180 178 174 155 143 Memo: technical coop. grants 243 381 224 206 193 251 234 247 NET TRANSFERS 51 -515 1,197 -1,605 -2,098 -1,932 -2,429 -1,155 Interest on long-term debt 1,573 1,859 2,469 3,039 2,924 2,699 3,490 3,183 Profit remittances on PDI 311 515 230 683 1,211 1,067 1,373 1,253 Gross national income (GNI) 44,073 76,166 80,149 81,415 81.237 86,834 97,733 107.389 Exports of goods, serv, & inc. (XGS) 13,290 33,294 49,221 44,266 48,304 49,739 55,179 59,298 Worker remit. & compo of employees 1,465 5,360 6,212 6,164 9,735 10,243 11,471 13,566 Imports of goods & services (MGS) 16,437 35.722 51,928 46,542 49,096 50,156 54,089 57,695 International reserves (RES) 2,036 7,781 15,074 15,683 16,321 17.084 16,234 18,474 Current account balance -2,695 -1,980 -2,225 -1,744 -279 288 1,633 2,338 EDT IXGS (%) 230.1 118.3 118.5 131.6 124.0 125.8 110.4 103.8 EDT I GNI (%) 69.4 51.7 72.7 71.6 73.7 72.1 62.3 57.3 IDS/XGS (%) 27.0 16.1 14.3 21.2 21.1 20.5 20.7 16.7 L"IT I XGS (%) 13.3 6.8 6.1 7.7 6.5 5.7 6.7 5.9 INT IGNI (%) 4.0 3.0 3.7 4,2 3.9 3.3 3.8 3.2 RES I EDT (%) 6.7 19,8 25.9 26.9 27.2 27,3 26.6 30.0 RES I MGS (months) 1.5 2.6 3.5 4.0 4.0 4.1 3.6 3.8 Short-term I EDT (%) 14,5 13.4 9.4 10.3 9.3 9.9 8.3 10.4 Concessionall EDT (% ) 20.0 28.4 21.5 19.0 20.6 22.4 23.6 20.5 Multilateral I EDT (%) 20.5 21.6 12.4 11.5 11.6 11.9 12,0 10.8 312 PHILIPPINES (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 25,241 33,372 50,777 50,300 52,662 55,213 55,116 54,743 Public and publicly guaranteed 24,040 28,525 33,744 29,210 32,320 36,147 35,932 35,233 Official creditors 15,301 22,626 19,890 l7.773 19,171 21,117 21,116 18,625 Multilateral 6,273 8,490 7,207 6,705 6,966 7,439 7,303 6,618 Concessional 457 987 1,074 1,020 1,102 1,234 \,266 1,121 Bilateral 9,029 14,137 12,683 11,068 12,204 13,678 13,812 12,007 Conccssional 5,649 10,207 11,459 10,068 11,266 12,800 13,088 11,487 Private creditors 8,739 5,899 13,855 11,437 13,149 15,029 14,816 16,608 of which: Bonds 825 4,666 10,466 9,519 10,735 12,578 11,969 13,870 Commercial banks 6,660 416 2,482 1,074 1,447 1,320 1,558 1,619 Private nonguaranteed 1,201 4,847 17,033 21,090 20,342 19,066 19,184 19,510 Bonds 0 1,925 2,856 4,328 3,920 4,154 3,465 2,975 Commercial banks and other 1,201 2,922 14,177 16,762 16,422 14,912 15,720 16,535 Memo: IBRD 3,943 5,002 3,627 3,250 3,325 3,445 3,317 2,885 IDA 101 183 207 204 208 215 214 197 Public sector LDOD 23,667 28,369 33,674 29,145 32,249 36,071 35,854 35,164 Private sector LDOD 1,573 5,003 17,103 21,155 20,413 19,142 19,262 19,579 DISBURSEMEl'iIS 2,516 2,840 5,747 7,563 6,743 7,400 8,311 6,632 Public and publicly guaranteed 2,224 1,816 5,228 3,725 4,609 5,209 6,616 3,980 Official creditors 1,373 1,413 1,528 1,008 1,383 1,710 1.228 1,190 Multilateral 854 621 386 460 405 572 326 373 Concessional 121 63 43 55 20 40 28 8 Bilateral 519 792 1.142 548 978 1,138 902 817 Concessional 462 733 1,079 533 961 1,095 872 798 Private creditors 852 403 3,701 2,717 3,226 3,499 5,388 2,790 of which: Bonds 575 278 2,630 1,643 2,811 2,479 4,405 2,373 Commercial banks 167 102 997 994 331 885 599 373 Private nonguaranteed 291 1,024 519 3,837 2,134 2,191 1,695 2,651 Bonds 0 864 5 587 698 585 283 250 Commercial banks and other 291 161 514 3,250 1,436 1,606 1,411 2,401 Memo: llRD 506 393 152 114 178 201 145 129 IDA 0 10 10 6 0 0 0 0 PRINCIPAL REPAYMENTS 1,473 2,737 4,047 5,946 6,653 6,732 7,238 6,087 Public and publicly guaranteed 1,411 2,587 2,515 3,512 3,488 3,773 4,598 3,355 Official creditors 439 2,204 1,572 1,295 1,440 1,615 1,747 1,793 Multilateral 388 651 562 526 572 594 606 644 Concessional 6 6 16 22 26 30 36 33 Bilateral 51 1.553 1,009 769 868 1,021 1,141 1,148 Concessional 21 678 668 610 706 826 934 984 Private creditors 972 383 943 2,217 2,047 2,158 2,851 1,562 of which: Bonds 180 32 395 741 1,902 1,105 2,187 1,209 Commercial banks 743 76 474 1,425 80 980 568 264 Private nonguaranteed 62 150 1,533 2,433 3,165 2,959 2,640 2,732 Bonds 0 0 445 605 999 320 679 333 Commercial banks and other 62 150 1,088 1,829 2.166 2,639 1,961 2.399 Memo: IBRD 301 413 349 308 322 338 372 376 IDA 1 2 3 4 5 6 7 7 INTEREST PAYMENTS (LINT) 1,573 1,859 2,469 3,039 2,924 2,699 3,490 3,183 Public and publicly guaranteed 1,486 1,707 1,882 1,959 2,037 1,869 2,196 2,338 Official creditors 749 1,320 841 729 692 647 620 592 Multilateral 444 604 414 362 330 295 262 258 Concessional 4 10 11 10 10 II 11 II Bilateral 305 716 427 367 363 351 358 334 Concessional 125 406 347 304 299 301 325 305 Pri vate creditors 737 387 1,041 1,230 1,345 1,222 1,576 1,746 of which: Bonds 31 287 880 1,013 1,169 1,159 1,500 1,647 Commercial banks 671 34 130 185 147 39 48 70 Private nouguaranteed 87 152 586 1,080 887 830 1,294 845 Bonds 0 82 479 397 323 318 326 283 Commercial banks and other 87 70 108 684 565 512 968 562 Memo: IDRD 296 376 223 183 158 140 122 124 IDA I 1 2 2 2 2 2 2 313 PHILIPPINES (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 4.4 4,6 5.7 5.8 5.5 Japanese yen 31.0 39.2 38.2 38.7 40.0 39.6 40.2 34.9 Pound sreriing l.0 0,2 0.1 0.1 0.1 0,1 0.1 0.1 Swiss franc 0.5 0,3 0,1 0.1 0.1 0.2 0.3 0,2 U .S.dollars 36.2 27.3 42.2 40.6 40.7 41.6 41.5 49.3 Total amount rescheduled 1.068 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 848 0 0 0 0 0 0 0 Official 172 0 0 0 0 0 0 0 Private 676 0 0 0 0 0 0 0 Interest rescheduled 186 0 0 0 0 0 0 0 Official 107 0 0 0 0 0 0 0 Private 80 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 1,803 0 0 0 0 0 0 0 of which debt buyback 721 0 0 0 0 0 0 0 Total change in debt stocks 1,927 -878 -17 -52 1,654 2,682 -1,671 609 Net flows on debt 1,123 -696 2,551 2,114 -756 680 -533 1,576 valuation 1,542 -250 -2,207 -2,237 1,948 2,455 767 -2,505 ALL CREDITOR..~ Interest (%) 6.2 4.8 6.8 5.2 6.3 5.6 6.7 7.0 Maturity (years) 21.9 24.1 16.4 10.4 12.9 9.3 10.0 12.1 Grace period (years) 7.4 8,2 9.8 4.9 9.1 6,8 8.0 9.4 Grant element (%) 28.2 39.7 19.6 25.2 23.5 18,2 13.9 16.6 Official creditors Interest (%) 5.1 4.3 3.3 1.8 1.7 1.8 2.8 3.2 Maturity (years) 24.4 26.7 28.1 26.2 29.2 21.2 21.9 19.0 Grace period (years) 7.3 7.8 7.3 7.6 8.8 6.1 6,6 5.2 Grant element (%) 36.8 43.6 51.4 59.9 65.0 55.6 50.7 43.3 Private creditors Interest (%) 9.2 7.1 8.3 6.5 7.3 6,0 7,2 7.7 Maturity (years) 15.1 10.9 11.4 4.7 9.4 8.3 8.5 10.8 Grace period 7.6 10.2 10.8 3,9 9.2 6.9 8.2 10.2 Grant element 4.1 19.0 6.2 12.7 14.6 14.8 9.3 11.3 TOTAL Principal 5,415 5,570 5,202 4,953 4,890 4,578 2,699 2,452 Interest 2,957 2,694 2,411 2,197 1.961 1,707 1,474 1,332 Official creditors Principal 1,924 1,809 1,748 1,769 1,576 1,534 1,424 1,306 Interest 655 614 570 519 462 411 360 313 Bilateral creditors Principal 1.159 1,076 990 972 950 954 884 817 Interest 330 314 298 278 257 235 212 191 Multilateral creditors Principal 765 733 759 797 626 580 540 489 Interest 324 299 272 241 205 176 148 122 Private creditors Principal 3,49l 3,761 3,454 3,184 3,314 3.044 1,275 1,146 Interest 2,302 2,081 1,841 1.678 1,499 1.296 1,114 1,019 Notes: Long-term private nonguaranteed debt includes the following monitored aggregate private-sector debt: unregistered debt, intercompany debt and capital leases. Short-term debt are based on reports provided by the country. 314 I'OLAND (US$ million, unless otherwise indicated) 1990 1995 2000 1·. ~~l'JjJi,i~J)A1'i\· TOTAL DEBT STOCKS (EDT) 49,364 44,080 64,834 65,707 76,677 93,750 97,333 98,821 Long-term debt (LDOD) 39,261 41,902 55,166 54,640 62,773 74,250 80,486 81,118 Public and publicly guaranteed 39.261 40,890 29,775 24,041 27,544 33,251 34,738 35,094 Private non guaranteed 0 1,012 25,390 30,599 35,229 40,999 45,748 46,024 Use of IMF credit 509 0 0 0 0 0 0 0 Short-term debt 9,595 2,178 9,668 11,067 13,904 19,500 16,847 17,703 of which interest arrears on LDOD 8,315 136 lIS 0 0 0 0 0 Official creditors 6,568 136 0 0 0 0 0 0 Private creditors 1,747 0 118 0 0 0 0 0 Memorandum items Principal arrears on LDOD 5,670 624 3 3 2 0 0 0 Official creditors 4,284 619 0 0 0 0 0 0 Pri vale creditors 1.386 5 3 3 2 0 0 0 TOTAL DEBT FLOWS Disbursements 1,025 1,279 10,174 12,936 11,685 18,675 31,884 37,182 Long-term debt 540 1,279 10,174 12,936 11,685 18,675 31,884 37,182 IMF purchases 485 0 0 0 0 0 0 0 Principal repayments 635 2,279 7,668 12,600 10,964 16,551 31,320 30,596 Long-term debt 635 885 7,668 12,600 10,964 16,551 31,320 30,596 lMF repurchases 0 l,394 0 0 0 0 0 0 Net flows on debt 423 335 841 1,853 1,169 6,949 -2,090 7,442 of which short-term deht 33 1,335 -1,665 1,517 448 4,825 -2,653 856 Interest payments (INT) 332 1,858 2,488 2,684 2,403 2,497 3,255 3,474 Long-term debt 203 1,710 2.153 2,363 2,156 2,182 2,750 2,662 IMF charges 23 47 0 0 0 0 0 0 Short-term debt 105 102 336 320 247 315 505 812 Net transfers on debt 91 -1,523 -1,647 -831 -1,234 4,452 ·5,345 3,969 Total debt service paid (TDS) 966 4,138 10,156 15,284 13,367 19,048 34,576 34,070 Long-term debt 838 2,595 9,821 14,963 13,120 18,733 34,070 33,258 IMF repurchases and charges 23 1,440 0 0 0 0 0 0 Short-term debt (interest only) 105 102 336 320 247 315 505 812 ~ET RESOURCE FLOWS 20 7,679 12,970 6,467 5,125 6,976 16,537 17,529 Net flow of long-tem1 debt (ex, IMp) -95 394 2,506 336 721 2,124 563 6,586 Foreign direct investment (net) 89 3,659 9,343 5,714 4,131 4,589 12,890 9,602 Portfolio equity flows 0 219 447 -307 -545 -837 1.660 1,341 Grants (excluding technical coop.) 26 3,408 674 724 819 1,100 1,424 0 Memo: teehnical coop. grants 0 334 110 76 76 1I0 119 0 NET TRANS)<'ERS -202 4,922 10,118 3,390 2,200 2,702 4,230 5,575 Interest on long-term debt 203 1,710 2,153 2,363 2,156 2,182 2,750 2,662 Profit remittances on FDI 20 1,048 700 714 770 2,093 9,557 9,293 i·~~Q".IiCQNQ~AG,(;~~~····.· Gross national income (GNI) 55,620 137,100 169,844 188,961 196,147 212,919 241,171 292,713 Exports of goods, serv, & inc, (XGS) 19,640 37,501 50,084 55,843 60,452 76.577 99,697 118,227 Worker remit. & compo of employees 0 724 1,726 1,995 1,989 2,655 2,710 3,549 Imports of goods & services (MGS) 19,OS4 36,909 60,911 62,305 67,014 83,124 113,477 127,175 International reserves (RES) 4,674 14,957 27,469 26,563 29,784 33,959 36,773 42,561 CUlTent account balance 3,067 854 -9,981 -5,375 -5,009 -4,599 -10,676 -5,1 05 EDT IXGS (%) 251.3 117.5 129.4 117.7 126.8 122.4 97.6 83.6 EDT IGNI (%) 88.8 32.2 38.2 34.8 39.1 44.0 40,4 33.8 TDS/XGS (%) 4,9 11.0 20.3 27.4 22.1 24.9 34.7 28,8 tNT I XGS (%) 1.7 5,0 5.0 4.8 4.0 3.3 3.3 2.9 tNT I GNI(%) 0,6 1.4 L5 1.4 1.2 L2 1.3 1.2 RES I EDT (%) 9,5 33.9 42.4 40.4 38.8 36.2 37.8 43.1 RES I MGS (months) 2.9 4.9 5.4 5.1 5.3 4.9 3,9 4,0 Short-term I EDT (%) 19.4 4.9 14.9 16.8 18.1 20.8 17.3 17.9 Concessionall EDT (%) 7.7 25.0 10.4 9.4 8.5 7.3 6.4 1.4 Multilateral I EDT (%) Ll 4.7 3.4 3.4 3.1 2,6 2.0 1.8 315 POLAND (US$ million, unless othenvise indicated) 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOn) 39,261 41,902 55,166 54,640 62,773 74,250 80,486 81,118 Public and publicly guaranteed 39,261 40,890 29,775 24,041 27,544 33,251 34,738 35,094 Official creditors 27,919 32,169 23,567 17,727 19,625 20,522 18,560 9.441 Multilateral 524 2,067 2,229 2,211 2,385 2.453 1,912 1,796 Concessional 0 0 0 0 0 0 0 0 Bilateral 27,395 30,102 21,338 15,516 17,240 18,069 16,648 7,645 Concessional 3,822 11,034 6,741 6,144 6,511 6,827 6,244 1,378 Private creditors 11,342 8,721 6,209 6,314 7,918 12,729 16,178 25,653 of which: Bonds I 7,990 5,740 6,158 7,908 12,329 15,778 25,253 Commercial banks 9,759 556 456 153 10 400 400 400 Private nonguaranteed 0 1,012 25,390 30,599 35,229 40,999 45,748 46,024 Bonds 0 0 3.462 3,784 3,740 3,993 1,954 1,622 Commercial banks and other 0 1.012 21,928 26,815 31.489 37,006 43,793 44,402 Memo: ffiRD 55 2,067 2,229 2,211 2,385 2,453 1,912 1,796 IDA 0 0 0 0 0 0 0 0 Public sector LDOD 39,259 40,887 29,774 24,040 27,543 33,251 34,738 35,094 Private sector LDOD 2 1,015 25,392 30,600 35,229 40,999 45.748 46,024 DlSBURSEME~TS 540 1,279 10,174 12,936 11,685 18,675 31,884 37,182 Public and publicly guaranteed 540 856 906 1,268 2,881 5,442 4,260 11,885 Official creditors 70 248 350 299 172 268 522 253 Multilateral 56 210 349 298 172 143 399 253 Conccssional 0 0 0 0 0 0 0 0 Bilateral 14 38 0 0 0 125 123 0 Concessional 10 7 0 0 0 0 0 0 Pri vate creditors 470 608 557 970 2,709 5,174 3,738 11,633 of which: Bonds 0 250 554 924 2.709 5,174 3,738 11,633 Commercial banks 300 353 2 46 0 0 0 0 Private nonguaranteed 0 423 9,268 11,667 8,803 13,234 27,623 25,297 Bonds 0 0 809 425 0 226 365 0 Commercial banks and other 0 423 8,459 11,242 8,803 13,008 27.258 25.297 Memo: ffiRD 54 210 349 298 172 143 399 253 IDA 0 0 0 0 0 0 0 PRINCIPAL REP AYMENTS 635 885 7,668 ° 12,600 10,964 16,551 31,320 30,596 Public and publicly guaranteed 635 611 2,272 5,184 2,736 3,794 3,629 7,767 Official creditors 147 332 799 4,421 1,229 1,979 3,329 7,767 Multilateral 46 158 199 205 206 352 1,076 174 Concessional 0 0 0 0 0 0 0 0 Bilateral 101 173 600 4,216 1,023 1,627 2,253 7,593 Concessional 43 44 200 257 341 506 690 4,343 Private creditors 488 279 1,473 763 1,507 1,814 300 0 0 0 1,224 429 1,350 1,805 300 of which: Bonds Commercial banks Private nonguaranteed 400 0 192 275 235 5,396 328 7,415 154 8,228 9 12,758 0 27,691 °0 22,829 Bonds 0 0 0 0 50 0 335 249 Commercial banks and other 0 275 5.396 7.415 8,178 12,758 27,357 22,580 Memo: ffiRD 0 19 199 205 206 352 1,076 174 IDA 0 0 0 0 0 0 0 0 INTEREST PAYMENTS (LINT) 203 1,710 2,153 2,363 2,156 2,182 2,750 2,662 Public and publicly guaranteed 203 1,654 1,067 953 845 966 982 993 Official creditors 113 1,215 653 621 483 468 466 273 Multilateral 31 148 122 118 106 95 91 50 0 0 Concessional Bilateral Concessional 0 82 56 ° 1,067 477 531 295 503 278 0 377 275 0 373 290 0 375 291 ° 222 169 Private creditors 90 439 414 333 362 498 516 720 of which: Bonds 0 378 380 313 358 497 508 706 Commercial banks 74 47 34 20 4 1 8 14 Private nonguaranteed 0 56 1,086 1,410 1,311 1,216 1,768 1,669 Bonds 0 0 193 265 283 563 116 127 Commercial banks and other 0 56 892 1,145 1,027 652 1.652 1,542 Memo: IBRD I 133 122 118 106 95 91 50 IDA 0 0 0 0 0 0 0 0 316 POLAND (US$ million, unless other,vise indicated) 1990 1995 2000 2001 2002 2003 Euro 38.2 43.7 54.2 59.0 61.6 Japanese yen 2.9 3.6 4.6 4.8 4.3 4.5 6.0 7.8 Pound sterling 3.8 2.5 3.1 3.6 5.7 5.0 4.9 2.0 Swiss franc 9.2 1.9 2.3 2.7 2.7 2.3 3.1 5.3 U.S.dollars 32.2 45.7 46.1 40.6 35.1 26.9 23.1 20.7 Total amount rescheduled 3.559 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 1.366 219 0 0 0 0 0 0 Official 746 0 0 0 0 0 0 0 Private 620 219 0 0 0 0 0 0 Interest rescheduled 2.163 0 0 0 0 0 0 0 Official 1,998 0 0 0 0 0 0 0 Private 165 0 0 0 0 0 0 0 Debt forgiven 232 0 0 0 0 2 0 83 Memo: interest forgiven 61 0 0 0 0 0 0 0 Debt stock reduction 284 0 943 1,153 0 0 0 0 of which debt 0 0 943 290 0 0 0 0 Total change in debt stocks 6.279 1,590 -139 874 10,969 17,073 3,583 1,488 Net flows on debt 423 335 841 1,853 1,169 6.949 -2,090 7.442 -1,216 -896 3.236 1,623 -3,101 ALL CREDITORS Interest (%) 7.5 7.8 6.3 5.4 5.9 5.4 3.4 3.8 Maturity (years) 15.3 2.9 11.2 10.4 9.6 10.7 8.0 16.2 Grace period (years) 5.1 2.9 8.7 9.6 9.5 5.6 7.8 15.9 Grant element (%) 14.6 5.0 22.4 28.3 24.4 23.9 31.7 44.5 Official creditors Interest (%) 7.2 0.0 7.1 4.7 2.5 6.9 2.6 2.5 Maturity (years) 17.8 0.0 14.5 12.3 16.1 12.7 11.0 13.5 Grace period (years) 5.6 0.0 5.2 7.6 5.1 0.7 9.2 6.3 Grant element (%) 18.0 0.0 16.3 31.6 46.1 12.8 45.6 44.9 Private creditors Interest (%) 8.5 7.8 6.0 5.5 5.9 4.3 3.5 3.8 Maturity (years) 7.4 2.9 10.0 10.0 9.6 9.2 7.6 16.2 Grace period 3.6 2.9 10.0 10.0 9.6 9.2 7.6 16.1 Grant element 3.9 5.0 24.5 27.7 24.3 32.1 30.1 44.5 2006 2007 2008 2009 2010 20ll TOTAL Principal 13,018 8,078 7,368 6,723 7,504 4,520 4.903 4,589 Interest 2,917 2,496 2.192 1.895 1,675 1,428 1,209 993 Official creditors Principal 2,083 2,231 2,449 1,390 171 326 197 132 Interest 350 267 176 75 44 36 27 20 Bilateral creditors Principal 1,913 2,051 2,291 1,245 28 29 31 31 Interest 282 205 122 28 3 2 2 J Multilateral creditors Principal 170 180 158 145 142 296 167 101 Interest 68 62 54 48 42 33 2S 19 Private creditors Principal 10.935 5,847 4,919 5.333 7.334 4,194 4,706 4,457 Interest 2,567 2,229 2,016 1.820 1,630 1,392 1.183 973 Notes: Short term debt is based on reports provided by the country 317 ROMANIA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 ;1.8~.l'~U",T';\ TOTAL DEBT STOCKS (EDT) 1,140 6,832 11,167 12,651 16,694 22,629 30,121 38,694 Long.term debt (LDOD) 230 4,491 9,951 11,272 14,970 19,531 24,756 31,199 Public and publicly guaranteed 223 3,957 6,589 7,034 9.034 ll,729 13,667 13,341 Pri vale non guaranteed 7 534 3,362 4,238 5,935 7,801 11,089 17,858 Use of IMF credit 0 1,038 453 387 428 595 443 261 Short·term debt 910 1,303 763 991 1,296 2,503 4,922 7,235 of which interest arrears on LDOD 0 0 12 12 13 11 12 13 Official creditors 0 0 4 4 4 5 5 6 Pri vale creditors 0 0 8 7 9 6 7 7 Memorandum items Principal arrears on LDOD 0 0 16 22 28 26 40 36 Official creditors 0 0 0 0 I J 2 5 Private creditors 0 0 16 22 27 24 38 31 TOTAL DEBT FLOWS Disbursements 26 1,513 3,258 3,323 4,840 5,035 7,841 12,928 Long-terre debt 26 1,455 3,144 3,257 4,733 4,804 7,841 12,928 IMF purchases 0 57 114 66 107 231 0 0 Principal repayments 4 675 1,803 1,896 2,514 2,703 3,574 5,333 Long-terre debt 4 302 1,707 1,779 2,416 2,592 3,403 5,182 IMF repurchases 0 373 96 117 98 111 171 152 Net flows on debt 44 1,174 1,841 1,656 2,628 3,542 6,684 9,907 of which short-terre deht 22 337 386 229 303 1.210 2,417 2,312 Interest payments (Il'Ii'T) 14 321 698 665 670 866 1,151 1,569 Long-terre debt 0 206 632 606 627 815 1,006 1,249 IMF charges 0 69 24 19 11 9 14 13 Short-terre debt 14 47 42 40 32 42 132 307 Net transfers on debt 30 853 1,143 991 1,959 2,677 5,533 8,337 Total debt service paid (TDS) 18 997 2,501 2,561 3,184 3,569 4,725 6,903 Long-terre debt 4 508 2,339 2,385 3,043 3,407 4,409 6,431 IMF repurchases and charges 0 441 120 136 109 120 185 165 Short-term debt (interest only) 14 47 42 40 32 42 132 307 *t)~~~~.~t~,~ll;t()WS·~.NIl·~.· ~~;~l'iG~'t~.·.~(: NET RESOURCE FLOWS 24 1,606 2,725 2,900 3,741 4,523 11,731 14,605 Net flow of long-terre debt (ex. IMf'l 22 1,153 1.437 1.478 2.317 2,212 4,438 7,747 Foreign direct investment (net) 0 419 1,037 1,157 1,144 1,844 6,443 6,630 Portfolio equity flows 0 0 58 8 21 69 III 229 Grants (excluding technical coop,) 2 35 193 257 260 398 739 0 Memo: technical coop, grants 2 152 109 1I2 127 143 149 0 NET TRANSFERS 24 1,373 2,021 2,177 2,917 3,454 8,131 10,315 Interest on long-terre debt 0 206 632 606 627 815 1,006 1,249 Pro fi t remi ttances on FDI 0 28 72 117 197 254 2,594 3,042 Gross national income (GNI) 38,455 35,222 36,768 39,899 45,366 58,423 74,194 97,660 Exports of goods, servo & inc, (XGS) 6,555 9,489 12,440 13,876 16,643 21,032 27,550 38,100 Worker remit. & compo of employees 0 9 96 116 143 124 132 4,733 Imports of goods & services (MGS) 9,915 11,628 14,653 17,244 19,697 26,190 37,611 47,298 International reserves (RES) 1,374 2,624 3.396 4,858 7,286 9.449 16,095 21,601 Current account balance -3,254 -1.774 -1.355 -2,229 -1,525 -3,311 -6,382 -8,504 ·'···.,.~.p~t~WRS EDT! XGS (%) 17.4 72.0 89.8 91.2 100.3 107,6 109.3 101.6 EDT! GNI (%) 3.0 19.4 30.4 31.7 36.8 38.7 40.6 39.6 mS! XGS (%) 0.3 ](},5 20.1 18.5 19.1 17.0 17.2 18.1 INT I XGS (%) 0.2 3.4 5.6 4,8 4.0 4.1 4,2 4.1 !NT I GNI(%) 0.0 0.9 1.9 1.7 1.5 1.5 1.6 1.6 RES!EDT(%) 120.5 38.4 30.4 38.4 43.6 41.8 53.4 55.8 RES I MGS (months) 1.7 2.7 2.8 3.4 4.4 4.3 5.1 5.5 Short-terre / EDT (%) 79.8 19.1 6.8 7.8 7.8 11.I 16.3 18.7 Concessional! EDT (%) 19.2 6.2 3.1 2.4 1.6 1.7 1.7 2.2 Multilateral / EDT (%) 0.0 24.7 30.1 28.0 25.0 21.5 18.5 14.5 JI8 ROMANIA (US$ million, unless othelwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 230 4,491 9,951 11,272 14,970 19,531 24,756 31,199 Public and publicly guaranteed 223 3,957 6,589 7,034 9,034 11,729 13,667 13,341 Official creditors 218 2,998 4,149 4,274 4.894 5,578 6,273 6,157 Multilateral 0 1,685 3,364 3,540 4,176 4,862 5,577 5,600 Concessional 0 0 15 19 22 42 183 462 Bilateral 218 1,312 785 734 718 716 696 556 Concessional 218 424 329 282 251 332 333 399 Private creditors 5 959 2,440 2,760 4,140 6,152 7,394 7,184 of which: Bonds 0 0 736 1,064 1,101 2,210 2,179 2,123 Commercial banks 0 250 1,157 1,271 2,643 3,594 4,962 4,875 Private nonguaranteed 7 534 3,362 4,238 5,935 7,801 11,089 17,858 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 7 534 3,362 4,238 5,935 7,801 11,089 17,858 Memo: lBRD 0 844 1,898 1,876 2,173 2,296 2,522 2,448 IDA 0 0 0 0 0 0 0 0 Public sector LDOD 223 3,899 6,440 6,901 8,891 11,531 13,249 12,964 Private sector LDOD 7 592 3,511 4,371 6,079 8,000 11,507 18,235 DISBURSEMENTS 26 1,455 3,144 3,257 4,733 4,804 7,841 12,928 Public and publicly guaranteed 23 1,185 1,937 1,886 2,595 2,674 2,827 2,647 Official creditors 19 873 1,083 650 724 686 1, III 1,021 Multilateral 0 361 932 521 610 578 953 889 Concessional 0 0 8 4 2 12 132 312 Bilateral 19 511 151 128 114 108 158 132 Concessional 19 286 57 40 29 60 52 125 Private creditors 5 312 854 1,237 1,871 1,988 1,716 1,626 of which: Bonds 0 0 139 672 142 792 0 623 Commercial banks 0 165 674 532 1,649 1,147 1,682 960 Private nonguaranteed 3 271 1,207 1,371 2,138 2,130 5,014 10,281 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 3 271 1,207 1,371 2.138 2,130 5,014 10,281 Memo: lBRD 0 128 384 132 335 131 305 282 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REP A YMENTS 4 302 1,707 1,779 2,416 2,592 3,403 5,182 Public and publicly guaranteed 0 217 985 1,233 1,377 1,425 1,505 1,699 Official creditors 0 132 493 399 491 570 639 589 Multilateral 0 14 326 249 297 330 432 376 Concessional 0 0 0 0 0 0 1 1 Bilateral 0 118 168 150 194 239 207 213 Concessional 0 0 72 66 90 64 68 21 Private creditors 0 85 492 834 886 855 867 1,110 of which: Bonds 0 0 0 297 290 0 186 374 Commercial banks 0 13 328 395 455 691 547 647 Private nonguaranteed 4 86 721 546 1,039 1,167 1,898 3,482 Bonds 0 0 75 0 0 0 0 0 Commercial banks and other 4 86 646 546 1,039 1.167 1,898 3,482 Memo: lBRD 0 0 91 101 120 145 163 205 IDA 0 () 0 0 () 0 0 0 INTEREST PAYMENTS (LINT) 0 206 632 606 627 815 1,006 1,249 Public and publicly guaranteed 0 179 440 446 446 570 630 673 Official creditors 0 124 269 263 202 205 204 229 Multilateral 0 70 207 213 163 170 178 207 Concessional 0 0 1 2 1 1 1 8 Bilateral 0 54 62 50 39 35 27 23 Concessional 0 7 14 11 9 10 10 9 Private creditors 0 56 171 183 245 366 425 444 of which: Bonds 0 0 45 48 131 131 193 184 Commercial banks 0 8 76 96 86 206 217 248 Private nonguaranteed 0 27 193 160 181 245 376 576 Bonds () 0 7 0 0 0 0 0 Commercial banks and other 0 27 186 160 181 245 376 576 Memo: lBRD 0 53 104 103 76 69 65 88 IDA 0 0 0 0 0 0 0 0 319 ROMANIA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 Euro 43.2 49.8 57.6 58.6 58.9 Japanese yen 0.0 2.7 5.3 L7 1.6 23 2.4 3.2 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.5 1.0 1.3 Swiss franc 89.5 1.8 0.9 0.9 0.9 0.9 0.8 0.7 U.S.dollars 9.8 34.4 42.4 38.9 34.8 27.1 27.2 26.9 Total amount rescheduled 0 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 0 0 0 0 1 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 1 Interest rescheduled 0 0 0 0 0 0 0 1 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 I Debt forgiven 0 0 0 0 0 0 2 0 Memo: interest forgiven 0 0 0 0 85 81 0 19 Debt stock reduction 0 0 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 53 1.230 2,152 1.484 4,043 5.936 7.491 8,573 Net flows on debt 44 l,l74 1,841 1,656 2,628 3,542 6,684 9,907 39 123 -255 -206 696 1,036 610 -1.175 :·.,~~A~~lf~OJi'NEW ALL CREDITORS Interest (%) 7.6 6.1 7.4 7.0 5.5 3.6 3.9 3.1 Maturity (years) 10.7 12.2 11.4 11.6 10.8 11.3 9.7 16.8 Grace period (years) 4.5 4.0 3.3 4.S 4.S 4.3 3.5 6.9 Grant element (%) 13.2 IS.7 14.2 16.S 20.6 31.S 27.1 42.9 Official creditors Interest (%) 2.7 6.0 5.9 3.3 3.6 I.S 5.S 2.7 Maturity (years) 25.5 13.3 16.9 24.9 17.5 20.3 12.7 22.0 Grace period (years) 10.0 4.3 4.2 6.7 4.S 5.6 5.1 6.1 Grant element (% ) 573 20.5 24.5 49.4 39.3 55.S 31.6 49.7 Private creditors Interest (%) 8.4 6.9 9.1 8.5 6.0 4.3 3.0 3.7 Maturity (years) 8.2 7.2 5.7 6.3 9.2 7.4 8.2 10.0 Grace peri od (years) 3.6 2,7 2.5 4.0 4.8 3.7 2.7 7.S Grant element (%) 5.8 10.5 3.5 4.0 15.8 21.3 24.8 34.0 2006 2007 2008 2009 2010 TOTAL Principal 5,240 4,916 5,133 9,690 1,978 1,052 1,783 889 Interest 1,50J J,305 1,166 1.690 473 382 304 228 Official creditors Principal 922 644 668 687 648 636 603 612 Interest 328 277 264 246 226 207 185 163 Bilateral creditors Principal 64 52 53 50 34 38 37 37 Interest 18 16 15 14 13 12 11 9 Multilateral creditors Principal 857 592 615 637 614 598 566 575 Interest 311 260 248 232 213 195 175 154 Private creditors Principal 4,318 4,272 4,466 9,003 1,330 416 1,180 277 Interest 1,173 1,028 902 1,444 247 174 Jl8 65 Notes: Short-term debt are based on reports provided by the country. 320 RUSSIAN FEDERATION (US$ million, unless otherwise indicated) 1990 1995 2000 TOTAL DEBT STOCKS (EDT) 121,401 160,023 152,522 147,383 175,702 196,801 229,042 Long-term debt (LDOD) 101,582 132,780 126,117 124,583 140,176 166,790 204,911 Public and publicly guaranteed 101,582 11 L018 . 103,791 96,069 99,054 102,912 75,359 Private nonguaranteed 0 21,762 22,326 28,514 41,121 63,878 129,552 Use of IMt" credit 9,617 11,613 7,433 6,481 5,069 3,562 0 Short-term debt 10,201 15,630 18,972 16,319 30,457 26,449 24,131 of which interest arrears on LDOD 5,851 4,530 5372 4,319 3,257 3,103 3,151 Official creditors 1,236 4,454 5,304 4,251 3,190 3,035 3,082 Pri vatc creditors 4,616 76 67 67 67 67 69 Memorandum items Principal arrears on LDOD 22,417 7,368 5,456 4,853 4,057 2,052 2,064 Official creditors 4,138 6,602 5,206 4,603 3,807 1,802 1,814 Private creditors 18.279 766 250 250 250 250 250 TOTAL DEBT FLOWS Disbursements 8,536 1,416 2,965 5,961 14,342 25,743 54,134 Long-term debt 3,083 1,416 2,965 5,961 14,342 25,743 54,134 lMF purchases 5.453 0 0 0 0 0 0 Principal repayments 3,273 6,221 9,333 7,026 10,904 12,727 32,486 Long-term debt 3,273 3,333 5,516 5,540 9,008 11,071 29,097 lMF repurchases 0 2,888 3.817 1.486 1,897 1,656 3,389 Net flows on debt 4,913 -2,805 -3,868 -2,665 12,747 9,163 19,282 of which short -tenn debt -350 2,000 2,500 -1.600 9,600 -3,854 -2,366 Interest payments (INT) 2,885 5,604 7,937 7,160 8,242 8,367 9,494 Long-tenn debt 2,591 4,284 6.806 6,426 7,461 7.550 8,617 lMFcharges 294 691 507 209 113 112 27 Short-telm debt 0 630 624 525 669 705 850 Net transfers on debt 2,027 ·8,409 -11,805 -9,825 4,504 795 9,788 Total debt service paid (TDS) 6,158 11,825 17,270 14,186 19,147 21,094 41,980 Long-tenn debt 5,864 7,617 12,322 11 ,966 16,468 18,621 37,714 IMF repurchases and charges 294 3,579 4,323 1,695 2,010 1,768 3,415 Short-term debt (interest only) 0 630 624 525 669 705 850 NET RESOURCE FLOWS 2,871 1,609 1,097 6,749 14,128 31,011 39,973 Net now of long-term deht (ex. IMp) -190 ~1,917 -2,551 421 5,335 14,673 25,037 Foreign direct investment (net) 2,065 2,714 2,748 3,461 7,958 15,444 15,151 Portfolio equity nows 46 150 542 2,626 422 233 -215 Grants (excluding technical coop.) 950 662 358 241 413 660 0 Memo: technical coop. grants 527 583 800 l,lll 876 732 0 NET TRANSFERS 82 ·3,562 ·7,202 .2,645 -5,853 13,167 11,850 Interest on long-term debt 2,591 4,284 6,806 6,426 7,461 7,550 8,617 Profit remittances on FDI 197 887 1,493 2,969 12,521 10,294 19,506 Gross national income (GNI) 392,156 252,972 302,365 338,888 418,316 576,080 744,984 Exports of goods, servo & inc. (XGS) 97,268 119,350 120,488 126,821 163.515 216,593 286,895 Worker remit. & compo of employees 2,503 1,275 1,403 1.359 1,453 2,668 3,117 Imports of goods & services (MGS) 90,459 72.580 85,374 96,723 127.419 156,227 201,768 International reserves (RES) 18,024 27,656 36,303 48,326 78,409 126,258 182,272 Current account balance 6,965 46,839 33,935 29,116 35,410 58,592 83,184 EDT/XGS (%) 124.8 134.1 126.6 116.2 107.5 90.9 79.8 EDT I GNI (%) 31.0 63.3 50.4 43.5 42.0 34.2 30.7 IDS I XGS (%) 6.3 9.9 14.3 11.2 11.7 9.7 14.6 INT I XGS (%) 3.0 4.7 6.6 5.6 5.0 3.9 3.3 !NT I GNI(%) 0.7 2.2 2.6 2.1 2.0 1.5 1.3 RES I EDT (%) 14.8 17.3 23.8 32.8 44.6 64.2 79.6 RES I MGS (months) 2.4 4.6 5.1 6.0 7.4 9.7 10.8 Sbort-tern1 I EDT (%) 8.4 9.8 12.4 11.1 17.3 13.4 10.5 Concessionall EDT (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Multilateral I EDT (%) 1.6 4.4 4.6 4.6 3.7 3.1 2.4 321 RUSSIAN FEDERATION (US$ million, unless otherwise indicated) 2000 DEBT OUTSTANDING (LDOD) 101,582 132,780 126,117 124,583 140,176 166,790 204,911 Public and publicly guaranteed 101,582 111,018 103,791 96,069 99,054 102,912 75,359 Official creditors 57,449 70,881 64,295 55,637 53,058 57,644 34,696 Multilateral 1,985 7,040 6,969 6,807 6,579 6,165 5,600 Concessional 0 0 0 0 0 0 0 Bilateral 55,464 63.841 57,326 48,831 46,479 51,480 29,096 ConcessionaJ 1,408 1,270 1,022 912 792 1,992 1,822 Private creditors 44,133 40,138 39,496 40,432 45,996 45,268 40,663 of which: Bonds 1,115 36,368 35,279 36,797 42,981 42,642 38,802 Commercial banks 16,674 440 390 452 2 0 0 Private nonguaranteed 21,762 22,326 28,514 41,121 63,878 129,552 Bonds Commercial banks and other ° 0 0 1.412 20,350 1,734 20,592 4,526 23,989 10,852 30,269 20,070 43,807 33,673 95,879 Memo: ffiRD 1,524 6,844 6,746 6,599 6,289 5,743 5,091 IDA 0 0 0 0 0 0 0 Public sector LDOD 101,582 111,018 103,791 96,069 99,054 102,912 75,359 Private sector LDOD 0 21.762 22,326 28,514 4] ,121 63,878 129,552 DISBURSEMENTS 3,083 1,416 2,965 5,961 14,342 25,743 54,134 Pnblic and publicly guaranteed 3,083 1,036 941 763 854 712 522 Official creditors 1,092 776 767 576 418 383 407 Multilateral 855 574 432 246 348 334 382 Concessional 0 0 0 0 0 0 0 Bilateral 237 202 335 330 69 49 25 Concessional 133 30 25 42 6 33 0 Pri vate creditors 1,990 261 174 187 436 329 115 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 20 0 0 0 0 0 0 Private nonguaranteed 0 380 2,024 5,198 13,489 25,031 53,612 Bonds 0 75 528 3,493 6,686 9,675 14,620 Commercial banks and other 0 305 1,496 1,705 6,803 15,356 38,992 ylemo: ffiRD 824 540 378 229 233 172 251 IDA 0 0 0 0 0 0 0 PRINCIPAL REPA YMENTS 3,273 3,333 5,516 5,540 9,008 11,071 29,097 Pnblic and publicly guaranteed 3,273 2,031 4,104 3,475 5,888 5,759 23,127 Official creditors 917 1,206 1,745 2,532 2.748 3.670 18,694 Multilateral 434 312 382 557 752 811 823 Concessional 0 0 0 0 0 0 0 Bilateral 483 894 \,363 1,975 1,995 2,859 17,871 Concessional 0 41 171 157 135 166 150 Private creditors 2.356 825 2,359 943 3,140 2,089 4,433 of which: Bonds 810 268 1,000 17 1,688 1,271 3,765 Commercial banks 51 19 29 9 485 2 0 Private nonguarauteed 1,302 1,412 2,065 3,120 5,311 5,971 Bonds Commercial banks and other ° 0 0 825 477 207 1,205 730 1,335 576 2,544 430 4,881 822 5,149 Memo: IBRD 0 266 355 526 719 780 780 IDA 0 0 0 0 0 0 0 INTEREST PAYMENTS (LINT) 2,591 4,284 6,806 6,426 7,461 7,550 8,617 Pnblic and publicly guaranteed 2,591 3,207 5,861 5,397 5,599 5,430 5,199 Official creditors 1,245 1,227 3,212 2,433 2,743 2,425 2.339 Multilateral 132 431 399 245 179 144 201 Concessional 0 0 0 0 0 0 0 Bilateral 1,113 796 2,812 2,187 2,565 2,281 2,137 Concessional 19 I 24 28 24 51 61 Private creditors 1,346 1,979 2,650 2,964 2,855 3,004 2,860 of which: Bonds 140 1,845 2,414 2,756 2,697 2,911 2,743 Commercial banks 600 4 43 34 36 0 0 Private nonguaranteed 1,077 945 1,029 1,862 2,120 3,418 Bonds Commercial banks and other ° 0 0 165 912 80 865 281 748 966 897 954 1,166 1,774 1,644 Memo: lBRD 57 412 384 238 175 137 184 IDA 0 0 0 0 0 0 0 322 RUSSIAN FEDERATION (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 ·f',··C~NcV˘Q~~~NQli;~~~~L~~~'~~~~J)~t.~&;~.,·. Euro 20.1 23.2 22.2 24.3 11.1 Japanese yen 2.0 0.8 0.8 1.1 1.3 1.2 1.3 Pound sterling 0.8 0.1 0.1 0.1 0.1 0.1 0.0 Swiss frane 2.8 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 52.1 71.6 72.9 69.1 70.4 69.2 81.5 ······~MlJL.r~j)~~ Total amount rescheduled 7,166 26,526 2,171 2,123 2,940 1,900 0 Debt stock rescheduled 0 17,369 0 0 0 201 0 Principal rescheduled 5,427 3,188 2,171 2,123 2,609 1,765 0 Official 2,069 2,782 2,171 2,123 2.609 1,765 0 Private 3,358 406 0 0 0 0 0 Interest rescheduled U22 4,356 0 0 345 0 0 Official 547 2,198 0 0 345 0 0 Private 575 2,157 0 () () 0 0 Debt forgiven 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 Debt stock reduction 0 1\,600 0 () 0 0 0 of which debt buyback 0 0 0 0 0 0 0 Total change in debt stocks -374 -14,731 -7,502 -5,139 28,319 21,099 32,241 Net flows on debt 4,913 -2,805 -3,868 -2,665 12,747 9.163 19,282 3,391 -3,058 -1.896 4,841 5,477 2,060 -3,922 ALL CREDITORS Interest (%) 7.0 5.1 5.2 2.7 3.2 4.0 4.6 Maturity (years) 15.5 9.9 13.0 13.7 14.6 15.7 16.6 Grace period (years) 5.0 2.7 2.2 4.3 3.5 3.0 4.3 Grant element (%) 16.6 17.1 22.6 39.6 36.5 33.2 32.5 Official creditors Interest (%) 7.0 3.7 5.3 2.7 2.5 2.9 4.4 Maturity (years) 16.7 11.4 13.3 14.1 14.0 15.2 16.8 Grace period (years) 5.6 3.1 2.2 4.3 4.1 4.2 5.3 Grant element (%) 18.1 21.8 22.6 40.2 40.4 40.6 34.9 Private creditors Interest (%) 7.0 7.1 3.0 2.8 5.1 5.1 5.1 Maturity (years) 11.1 8.1 7.0 6.5 16.2 16.2 16.2 Grace period 2.5 2.1 2.0 3.5 1.7 J.7 1.7 Grant element 11.3 11.0 23.7 26.9 25.8 25.8 25.8 2006 2007 2008 2009 2010 TOTAL Principal 25,223 29,136 27.761 19,052 19,586 21.912 15,799 8.481 Interest 7,655 7,207 6,541 5,717 5.110 4,519 4.085 3,562 Official creditors Principal 2,785 3,096 3,178 3,199 3.277 3,421 3,464 3,556 Interest 1,935 1,848 1,738 1,626 1,499 1,335 1,144 943 Bilateral creditors Principal 1,927 2,210 2,297 2,351 2,463 2,675 2,837 3,037 Interest 1,623 1,558 1,479 1,400 1,309 1,180 1,023 851 Multilateral creditors Principal 858 887 881 849 814 745 628 520 Interest 311 291 259 226 191 154 121 92 Private creditors Principal 22,438 26,039 24,583 15,853 16,309 18,491 12,334 4,925 Interest 5,721 5,359 4,803 4,09l 3,610 3,184 2,942 2,619 Notes: Data on long-term public and publicly guaranteed and short-tenn debt for 2005 are estimates, based on data provided by the country. Private nonguaranteed debt data are World Bank staff estimates. Principle payments in 2005 include the $15.0 billion prepaid to Paris Club creditors. Data prior to 1992 are for the former Soviet Union. Beginning in 1993, the database has been revised to include obligations to members of the former Council for Mutual Economic Assistance and other countries in the form of trade-related credits amounting to $15.4 billion as of end-1996. 323 RWANDA (US$ million, unless otherwise indicated) 2000 TOTAL DEBT STOCKS (EDT) 712 1,031 1,273 1,285 1,437 1,540 1,656 1,518 Long-term debt (LDOD) 664 972 1,148 1,165 1,307 1,418 1,545 1,420 Public and publicly guaranteed 664 972 Ll48 Ll65 1.307 1,418 1,545 1,420 Pri vate non guaranteed 0 0 0 0 0 0 0 0 Use of 1MI" credit 0 26 86 84 85 92 92 77 Short-term debt 47 32 39 36 45 30 18 22 of which interest arrears on LDOD 2 18 17 17 17 18 18 18 Official creditors 2 18 17 16 17 18 18 18 Private creditors 0 0 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 8 46 74 73 78 81 82 78 Official creditors 8 44 73 72 77 79 80 78 Private creditors 0 2 I 1 2 2 0 TOTAL DEBT FLOWS Disbursements 62 68 65 76 85 32 102 87 Long-term debt 62 54 40 64 85 31 100 85 IMP purchases 0 14 25 12 1 I 2 2 Principal repayments 10 11 24 12 11 13 13 14 Long-ternl debt 9 11 13 10 8 12 13 11 IMF repurchases 1 0 II 2 2 2 1 4 Net flows on debt 54 53 25 62 84 3 77 76 of which short-tenn debt 2 -4 -16 -2 9 -16 -12 4 Interest payments (INT) 11 9 11 7 6 8 11 9 Long-term debt 6 8 8 5 6 7 10 9 IMP charges 0 0 I 1 1 0 0 0 Short-term debt 5 0 I 0 0 0 0 Net transfers on debt 43 44 14 55 77 -5 66 67 Total debt service paid (TDS) 21 20 35 18 17 21 24 24 Long-term debt 15 20 21 15 14 19 23 19 IMP repurchases and charges 1 0 13 3 3 2 I 4 Short-term debt (interest only) 5 0 I 1 0 0 0 0 NET RESOURCE FLOWS 206 611 247 212 264 227 379 448 Net flow of long-ternl debt (ex. IMF) 53 43 27 54 77 20 88 74 Foreign direct investment (net) 8 2 8 5 3 5 8 8 Portfolio equity Hows 0 0 0 0 0 0 0 0 Grants (excluding technical coop.) 145 566 211 153 185 202 283 365 Memo: technical coop. grants 90 97 56 58 81 94 98 114 NET TRANSFERS 193 601 235 204 258 214 365 434 Interest on long-telm debt 6 8 8 5 6 7 to 9 Profit remittances on FOI 6 2 3 3 0 6 3 5 .;j·.~QBJt˘9NOM(CA:GGUG~m Gross national income (GNI) 2,572 1,299 1,796 1,680 1,713 1,653 1,801 2,128 Exports of goods, serv. & inc. (XGS) 148 99 145 179 148 155 216 293 Worker remiL & comp. of employees 3 21 7 8 7 9 10 21 Imports of goods & services (MGS) 375 391 452 468 462 470 555 703 International reserves (RES) 44 99 191 212 244 215 315 406 Current account balance -85 57 -94 -102 -126 -97 -35 -52 ~DmINDIC:A'IQ.S EDT I XGS (%) 48Ll 1,043.3 817.0 718.8 970,8 992.8 767.0 517.8 EDT/GNl(%) 27.7 79,4 70,9 76,5 83.9 93.1 92.0 71.3 TDS/XGS (%) 14.2 20.5 24, I 10.3 11,5 13.7 lL2 8.1 \NT I XGS (%) 7.6 9.0 7.7 3.7 4,4 5.1 5.0 3,2 INT I GNI (%) 0,4 0.7 0.6 0,4 0,4 0.5 0.6 0,4 RES I EDT (%) 6.2 9.6 15.0 16.5 17.0 l3.9 19.0 26.7 RES I MGS (months) 1,4 3,0 5.1 5.4 6.3 5.5 6.8 6.9 Short-term I EDT (%) 6.6 3.1 3.0 2.8 32 2.0 U 1,4 Concessionall EDT (%) 92.6 93.5 90.1 90,5 90.8 92.0 93.2 93.5 Multilateral/EDT (%) 762 78.9 78,4 79.1 80.5 82A 84.7 89.7 324 RWANDA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2003 2004 2005 DEBT OUTSTANDIl'G (LDOD) 664 972 1,148 1,165 1,307 1,418 1,545 1,420 Public and publicly guaranteed 664 972 1,148 1,165 1,307 1,418 1,545 1,420 Official creditors 661 971 1,147 1,164 1,305 1.416 1,543 1,420 Multilateral 542 814 997 1,016 1,157 1,269 1,402 1,362 Concessional 541 813 997 1,016 1,157 1,269 1,402 1,362 Bilateral 119 157 150 147 148 147 141 58 Concessional 118 150 150 147 148 147 141 58 Private creditors 4 2 1 1 1 2 2 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: lBRD 0 0 0 0 0 0 0 0 IDA 340 512 692 713 826 909 1,020 980 Public sector WOD 664 972 1,148 1,165 1,307 1,418 1,545 1,420 Private sector LDOD 0 0 0 0 0 0 0 0 DISBURSEMENTS 62 54 40 64 85 31 100 85 Public and publicly guaranteed 62 54 40 64 85 31 100 85 Official creditors 62 54 40 64 85 31 100 85 Multilateral 37 54 40 64 85 31 100 85 Concessional 37 54 40 64 85 31 100 85 Bilateral 26 0 0 0 0 0 0 0 Concessional 25 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: lBRD 0 0 0 0 0 0 0 0 IDA 22 35 37 53 73 24 82 47 PRINCIPAL REPAYMEl'TS 9 11 13 10 8 12 13 11 Public and publicly guaranteed 9 11 13 10 8 12 13 11 Official creditors 7 11 13 J() 8 12 13 II Multilateral 5 II 10 6 3 4 4 6 Concessional 5 11 to 6 3 4 4 6 Bilateral 2 0 2 4 5 8 8 4 Concessional 2 0 I 4 5 8 8 4 Private creditors 2 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: lBRD 0 0 0 0 0 0 0 0 IDA 1 6 6 3 0 0 0 0 INTEREST PAYMENTS (LINT) 6 8 8 5 6 7 10 9 Public and publicly guaranteed 6 8 8 5 6 7 10 9 Official creditors 6 8 8 5 6 7 10 9 Multilateral 4 8 7 3 4 5 8 9 Concessional 4 8 7 3 4 5 8 9 Bilateral 1 0 I 2 2 2 2 0 Concessional 1 0 1 2 2 2 2 0 Private creditors 0 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: lBRD 0 0 0 0 0 0 0 0 IDA 2 7 5 3 2 3 6 6 325 RWANDA (US$ million. unless otherwise indicated) ]990 1995 2000 2001 2002 2003 2004 2005 Euro 7.5 7.2 7.2 6.7 4.2 Japanese yen 1.5 1.3 0.4 0.3 02 0.2 0.1 0.0 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 38.6 45.5 58.5 60.3 62.0 62.5 63.4 63.8 Total amount rescheduled 0 6 7 5 0 0 0 8 Debt stock rescheduled 0 0 0 0 0 0 0 8 Principal rescheduled 0 5 3 I 0 0 0 0 Official 0 5 3 I 0 0 0 0 Private 0 0 0 0 0 0 0 0 Interest rescheduled 0 2 1 0 0 0 0 0 Official 0 2 1 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 0 0 0 11 14 16 18 18 Memo: interest forgiven 0 0 0 5 5 4 3 3 Debt stock reduction 0 0 0 0 0 0 0 78 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 77 -21 12 152 103 116 -137 Net t10ws on debt 53 25 62 84 3 77 76 -21 -37 -30 61 69 34 -99 ALL CREDITORS Interest (%) 1.4 0.8 0.8 0.8 0.8 1.0 0.8 0.8 Maturity (years) 33.9 39.8 39.7 40.4 39.8 45.0 46.7 44.4 Grace period (years) 9.0 10.3 10.2 10.9 10.3 9.4 10.3 10.1 Grant element (%) 70.6 80.6 80.5 80A 80.6 78.3 82.4 81.7 Official creditors Interest (% ) 1.4 0.8 0.8 0.8 0.8 1.0 0.8 0.8 Maturity (years) 33.9 39.8 39.7 40.4 39.8 45.0 46.7 44.4 Grace period (years) 9.0 10.3 10.2 10.9 10.3 9.4 10.3 10.1 Grant element (%) 70.6 80.6 80.5 80.4 80.6 78.3 82.4 81.7 Private creditors Interest (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 TOTAL Principal 29 30 32 36 35 38 41 43 Interest 11 11 11 11 11 11 11 10 Official creditors Principal 29 30 32 36 35 38 41 43 Interest 11 11 11 11 11 11 11 10 Bilateral creditors Principal 2 2 2 2 2 I 1 I Interest 0 0 0 0 0 0 0 0 Multilateral creditors Principal 27 28 30 34 34 37 40 43 Interest 11 11 II II II 11 10 10 Private creditors Principal 0 0 0 0 0 0 0 0 Interest 0 0 0 0 0 0 0 0 Notes: Data on long-term public and publicly guaranteed debt for 2005 are World Bank staff estimates. Rescheduling: Debt data include the effects of Paris Club agreement signed in 2005. 326 SAMOA (US$ million, unless otherwise indicated) 1995 2000 2001 ·~)S~.:J!lltJl'l'DA'f~.; 1'0TAL DEBT STOCKS (EOI') 92.0 170.4 197.4 204.3 234.4 373.4 570.7 656.3 Long-term debt (LDOD) 91.0 168.1 147.3 143.3 156.8 177.7 185.7 177.3 Public and publicly guaranteed 91.0 168.1 147.3 143.3 156.8 177.7 185.7 177.3 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Vse of IMF credit 0.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short-term debt 0.2 2.3 50.1 61.0 77.6 195.7 385.1 479.0 of which interest arrears on LDOD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Official creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Pri vale creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memorandum item.~ Principal arrears on LDOD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 n.n Official creditors o.n n.o n.o 0.0 0.0 0.0 0.0 0.0 Private creditors o.n n.n 0.0 0.0 0.0 0.0 0.0 0.0 TOTAL DEBT FLOWS Disbursements 15.4 12.7 6.7 3.3 2.8 4.9 5.2 10.4 Long-term debt 15.4 12.7 6.7 3.3 2.8 4.9 5.2 10.4 IMF purchases o.n o.n o.n n.o 0.0 0.0 o.n n.o Principal repayments 4.1 3.0 4.2 3.5 3.5 4.2 4.7 4.5 Long-term debt 3.3 3.0 4.2 3.5 3.5 4.2 4.7 4.5 IMF repurchases 0.9 0.0 o.n n.n n.o 0.0 0.0 0.0 Net flows on debt Il.3 11.9 16.8 10.7 15.8 118.7 189.8 99.8 of which short-term debt 0.1 2.1 14.3 10.9 16.6 118.1 189.4 93.9 Interest payments (1"1') 1.3 1.7 4.3 3.9 4.3 8.9 16.5 17.9 Long-term debt 1.2 1.6 1.4 1.3 1.3 1.4 1.7 1.6 IMFcharges 0.1 n.o 0.0 0.0 0.0 0.0 0.0 0.0 Short-term debt 0.0 0.1 2.9 2.6 3.0 7.5 14.8 16.3 Net transfers on debt 9.9 10.2 12.5 6.8 11.6 109.8 173.4 81.9 Total debt service paid (TDS) 5.5 4.6 8.5 7.4 7.8 13.2 21.2 22.4 Long-term debt 4.4 4.6 5.6 4.8 4.8 5.7 6.4 6.1 IMF repurchases and charges 1.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short-term debt (interest only) 0.0 0.1 2.9 2.6 3.0 7.5 14.8 16.3 NET RESOURCE FLOWS 38.9 34.0 5.8 20.9 16.9 10.6 7.9 18.3 Net flow of long-term debt (ex. IMF) 12.1 9.8 2.5 -0.2 -0.7 0.6 0.5 5.9 Foreign direct investment (net) 6.6 3.4 -1.5 1.2 -0.1 0.5 2.2 -3.7 Portfolio equity flows 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grants (excluding technical coop.) 20.2 20.8 4.9 19.9 17.8 9.4 5.2 16.0 Memo: technical coop. grants 13.5 16.9 17.6 17.3 20.6 20.9 23.9 20.4 NET I'RANSFERS 37.7 32.4 4.4 19.6 15.7 9.1 -2.3 9.0 Interest on long-term debt 1.2 1.6 1.4 1.3 1.3 1.4 1.7 1.6 Profit remittances on FDI 0.0 0.0 0.0 0.0 0.0 0.0 8.5 7.7 Gross national income (GNI) 164.3 193.7 231.7 237.3 254.4 303.9 357.2 381.1 Exports of goods, servo & inc. (XGS) 94.1 108.4 lll.l 129.4 Worker remit. & compo of employees 43.0 41.0 45.0 45.0 1.0 1.0 1.0 1.0 Imports of goods & services (MGS) 96.5 \19.9 218.2 259.8 International reserves (RES) 69.0 55.3 63.7 56.6 62.5 83.9 95.5 92.2 Current account balance 8.6 9.3 -17.0 -24.4 EDT/XGS (%) 97.7 157.2 513.6 507.4 EDT I GNI ('Yo) 56.0 88.0 85.2 86.1 92.1 122.9 159.8 172.2 TDS/XGS (%) 5.8 4.3 19.1 17.3 !NT / XGS ('Yo) 1.4 1.5 14.8 13.8 l'l:T /GNI(%) 0.8 0.9 1.8 1.6 1.7 2.9 4.6 4.7 RES / EDT (%) 75.1 32.5 32.2 27.7 26.7 22.5 16.7 14.1 RES / MGS (months) 8.6 5.5 5.3 4.3 Short-term I EDT (%) 0.2 1.3 25.4 29.9 33.1 52.4 67.5 73.0 Concessionall EDT (%) 90.5 94.6 73.4 69.2 66.1 47.1 32.2 26.8 Multilateral I EDT (%) 88.2 92.2 70.0 63.3 60.8 43.8 30.2 25.0 327 SAMOA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTAl'.'DING (LDOD) 91.0 168.1 147.3 143.3 156.8 177.7 185.7 177.3 Public and publicly guaranteed 91.0 168.1 147.3 143.3 156.8 177.7 185.7 177.3 Official creditors 89.6 168.1 147.3 143.3 156.8 177.7 185.7 177.3 Multilateral 81.1 157.1 138.2 129.3 142.5 163.7 172.3 164.2 Concessional 76.5 150.3 135.8 127.4 140.6 161.8 170.7 163.0 Bilateral 8.5 11.0 9.1 14.0 14.2 14.0 13.3 13.2 Concessional 6.7 11.0 9.1 14.0 14.2 14.0 13.3 13.2 Pri vate creditors 1.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 1.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 18.3 44.7 47.3 47.9 51.4 57.6 61.7 64.2 Public sector LDOD 91.0 168.1 147.3 143.3 156.8 177.7 185.7 177.3 Private sector LDOD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 DISBURSEMENTS 15.4 12.7 6.7 3.3 2.8 4.9 5.2 10.4 Public and publicly guaranteed 15.4 12.7 6.7 3.3 2.8 4.9 5.2 10.4 Official creditors 15.4 12.7 6.7 3.3 2.8 4.9 5.2 10.4 Multilateral 15.0 12.6 6.0 3.3 2.1 4.8 5.2 10.4 Concessional 14.7 12.5 6.0 3.3 2.1 4.8 5.2 ]0.4 Bilateral 0.4 0.2 0.7 0.0 0.7 0.0 0.0 0.0 Concessional 0.4 0.2 0.7 0.0 0.7 0.0 0.0 0.0 Pri vate creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 3.5 0.7 5.7 3.0 1.3 3.0 2.7 7.7 PRINCIPAL REPAYMENTS 3.3 3.0 4.2 3.5 3.5 4.2 4.7 4.5 Public and publicly guaranteed 3.3 3.0 4.2 3.5 3.5 4.2 4.7 4.5 Official creditors 3.3 3.0 4.2 3.5 3.5 4.2 4.7 4.5 Multilateral 2.2 2.6 3.3 3.1 3.0 3.9 4.1 4.0 ConcessionaI 2.0 2.1 2.8 2.7 2.7 3.4 3.8 3.8 Bilateral 1.0 0.3 0.9 0.4 0.5 0.3 0.7 0.4 Concessional 0.0 0.3 0.9 0.4 0.5 0.3 0.7 0.4 Private creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 0.1 0.2 0.7 0.9 0.9 1.0 1.0 1.0 INTEREST PAYMENTS (LINT) 1.2 1.6 1.4 1.3 1.3 1.4 1.7 1.6 Public and publicly guaranteed 1.2 1.6 1.4 1.3 1.3 1.4 1.7 1.6 Official creditors 1.1 1.6 1.4 1.3 1.3 1.4 1.7 1.6 Multilateral 0.7 1.5 1.3 1.3 1.2 1.4 1.6 1.6 Concessional 0.7 1.3 1.3 1.2 1.2 1.4 1.6 1.5 Bilateral 0.4 0.1 0.0 0.1 0.1 0.0 0.1 0.0 Concessional 0.1 0.1 0.0 0.1 0.1 0.0 0.1 0.0 Private creditors 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 0.1 0.3 0.3 0.3 0.4 0.4 0.5 0.6 328 SAMOA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 2.5 2.5 2.2 2.0 1.6 Japanese yen 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 n.o Swiss franc 0.0 n.o 0.0 n.o n.o o.n (J.n (J.n U.S.dollars 38.6 34.8 38.3 39.0 38.9 39.4 40.9 41.2 Total amount rescheduled 0.0 0.0 0.0 n.o 0.0 n.o 0.0 o.n Debt stock rescheduled 0.0 0.0 0.0 (J.O 0.0 n.o o.n 0.0 Principal rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Official o.n 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 0.0 0.0 (J.O O.(J 0.0 0.0 Interest rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 (J.O 0.0 Debt forgiven 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: interest forgiven 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt stock reduction 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which debt 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Total change in debt stocks 18.3 13.4 5.0 6.9 30.0 139.0 197.4 85.6 Net flows 011 debt 11.3 11.9 16.8 10.7 15.8 118.7 189.8 99.8 valuation 6.0 -1.0 -10.2 -7.6 12.6 18.1 7.3 -14.0 ALI, CREDITORS Interest (%) 0.8 0.7 1.1 1.4 1.4 0.8 1.0 0.0 Maturity (years) 39.8 40.6 35.1 31.2 31.6 39.8 36.8 0.0 Grace period (years) 10.3 9.9 9.0 7.7 8, I 10.3 9.5 0.0 Grant element (%) 80.5 80,6 74.5 69.4 69.9 80,6 76.7 0.0 Official creditors Interest (%) 0.8 0.7 l.l 1.4 1.4 0.8 1.0 0.0 Maturity (years) 39.8 40.6 35.1 31.2 31.6 39.8 36.8 0.0 Grace period (years) 10.3 9.9 9.0 7.7 8.1 10.3 9.5 0.0 Grant element (%) SO.5 80.6 74.5 69.4 69.9 SO.6 76.7 0,0 Private creditors Interest (%) 0.0 0,0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 0.0 0.0 0.0 0.0 0.0 0.0 0,0 0.0 Grace period 0,0 0.0 0.0 0.0 0,0 0,0 0.0 0.0 Grant element 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 TOTAL Principal 7.7 7.8 8.3 8.4 6.6 7.3 7.6 7.8 Interest 1.6 1.6 1.6 1.6 1.6 1.5 1.5 1.4 Otlicial creditors Principal 7,7 7.S 8.3 8.4 6.6 7.3 7.6 7.8 Interest 1.6 1.6 1.6 1.6 1.6 1.5 1.5 1.4 Bilateral creditors Principal 3.0 2.9 2.9 2.9 0.2 0.2 0.2 0.2 Interest 0,0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Multilateral creditors Principal 4,7 4.S 5.3 5.5 6.4 7.1 7.4 7.6 Interest \.6 \.6 \.6 1.6 \.6 \.5 1.5 1.4 Private creditors Principal 0.0 0.0 0.0 0.0 0.0 0,0 0.0 0.0 Interest 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Notes: 329 SAO TOME AND PRINCIPE (US$ million, unless otherwise indicated) 1995 2000 2001 1.SUMMAltYDEBTt)ATA TOTAL DEBT STOCKS (EDT) 150.0 244.8 321.9 321.0 342.6 348.9 361.5 336.4 Long-term debt (LDOD) 132.9 231.0 300.4 301.7 317.1 337.4 349.0 326.7 Public and publicly guaranteed 132.9 231.0 300.4 301.7 317.1 337.4 349.0 326.7 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Use of IMF credit 1.1 0.8 2.5 2.4 2.6 2.8 3.0 3.2 Short-term debt 16.0 13.0 19.0 16.9 22.9 8.6 9.5 6.4 of which interest arrears on LDOD 7.6 6.0 7.0 6.9 7.9 8.6 9.5 6.4 Official creditors 7.4 6.0 7.0 6.9 7.9 8.6 9.5 6.4 Private creditors 0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memorandum items Principal arrears on LOOD 21.4 27.2 47.7 47.3 43.5 45.1 47.3 47.3 Official creditors 20.4 27.2 47.7 47.3 43.5 45.1 47.3 47.3 Private creditors 1.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 TOTAL DEBT FLOWS Disbursements 15.6 13.0 13.9 9.6 4.7 6.3 9.8 6.1 Long-term debt 15.6 13.0 11.4 9.6 4.7 6.3 9.8 5.4 lMF purchases 0.0 0.0 2.5 0.0 0.0 0.0 0.0 0.6 Principal repayments 1.1 1.1 2.2 1.6 2.4 3.9 6.4 6.2 Long-term debt 1.1 0.8 2.2 1.6 2.4 3.9 6.4 6.0 [MF repurchases 0.0 0.2 0.0 0.0 0.0 0.0 0.0 0.1 Net flows on debt 9.2 12.9 11.7 6.0 7.3 -12.7 3.4 -0.1 of which short-term debt -5.3 1.0 0.0 -2.0 5.0 -15.0 0.0 0.0 Interest payments (lNT) 1.7 1.2 2.1 2.4 2.5 2.8 3.1 3.6 Long-ternl debt 1.2 0.9 1.2 1.8 2.1 2.6 3.1 3.6 lMF charges 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short -term debt 0.5 0.3 0.9 0.5 (J.3 0.2 O.(J (J.O Net transfers on debt 7.4 11.7 9.5 3.6 4.8 -15.5 0.3 -3.7 Total debt service paid (TDS) 2.8 2.3 4.3 4.0 4.9 6.7 9.5 9.7 Long-term debt 2.3 1.8 3.4 3.4 4.5 6.6 9.5 9.6 lMF repurchases and charges 0.0 0.2 (J.O 0.0 (J.O 0.0 (J.O 0.2 Short-term debt (interest only) 0.5 0.3 0.9 0.5 0.3 0.2 0.0 0.0 2.AGGREGA~~'ET lUlSQUQCE.FLOWS AND NET TRANSFEltS (LONG-TJ1;RM) NET RESOURCE FLOWS 41.1 36.7 26.3 25.6 17.1 23.0 18.5 23.8 Net flow of long-term debt (ex. lMF) 14.4 12.2 9.2 8.0 2.3 2.3 3.4 -0.6 Foreign direct investment (net) 0.0 0.0 3.8 3.5 3.0 0.9 -1.6 7.0 Portfolio equity flows 0.0 0.0 (J.O 0.0 O.(J 0.0 O.(J 0.0 Grants (excluding technical coop.) 26.7 24.6 13.3 14.1 11.7 19.8 16.7 17.4 Memo: technical coop. grants 7.0 20.5 11.8 10.5 11.7 12.7 14.8 10.9 NET TR;\.NSFERS 39.9 35.8 25.1 23.8 14.9 20.3 15.4 20.2 Interest on long-term debt 1.2 0.9 1.2 1.8 2.1 2.6 3.1 3.6 Profit remittances on FDI 0.0 0.0 0.0 (J.O 0.0 0.0 (J.O 0.0 3. MAJOQ ECONOMIC AGGREGAUS Gross national income (GNI) 52.5 40.0 43.3 45.0 50.8 56.3 60.4 67.8 Exports of goods, servo & inc. (XGS) 8.2 \6.7 16.7 19.2 Worker remit. & compo of employees 0.0 00 O.(J 1.0 1.0 1.0 I.O 1.0 Imports of goods & services (MGS) 22.4 39.7 41.1 46.2 International reserves (RES) 5.1 11.6 15.5 17.4 25.5 19.5 26.7 Current account balance -12.0 -19.1 -21.0 -22.8 4, DEBt lNDICAtQKS EDT I XGS (%) 1,820.9 1.926.4 1,926.1 l.786.7 EDT/GNI(%) 286.0 611.9 743.2 713.0 674.9 619.5 598.1 496.3 TDS/XGS (%) 34.4 25.8 23.8 25.5 J1','T I XGS (%) 20.7 12.7 14.1 13.1 INT I GNI (%) 3.3 3.1 4.9 5.2 5.0 5.0 5.2 5.3 RES! EDT (0/0) 2.1 3.6 4.8 5.1 7.3 5.4 7.9 RES! MGS (months) 3.5 4.5 4.5 Short-tenn! EDT (%) 10.7 5.3 5.9 5.3 6.7 2.5 2.6 1.9 Concessional { EDT (% ) 71.7 90.1 88.5 88.7 86.9 90.7 90.7 91.5 Multilateral! EDT (%) 48.4 62.1 52.6 52.6 53.9 57.1 58.6 58.7 330 SAO TOME AND PRINCIPE (US$ million, unless otherwise indicated) 2000 2001 S.l.()N~~nEB'f;· DEBT OUTSTAl'iDING (LDOD) 132.9 231.0 300.4 301.7 317.1 337.4 349.0 326.7 Public and publicly guaranteed 132.9 231.0 300.4 301.7 317.1 337.4 349.0 326.7 Official creditors 131.7 231.0 300.4 301.7 317.1 337.4 349.0 326.7 Multilateral 72.6 152.0 169.3 168.8 184.5 199.2 211.7 197.4 Concessional 69.1 149.8 165.6 164.7 179.7 193.8 205.9 192.2 Bilateral 59.2 79.0 131.1 132.9 132.6 138.2 137.4 129.3 Concessional 3S.6 70.7 119.3 120.2 11S.1 122.6 122.0 115.7 Private creditors 1.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: mRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 23.9 53.6 5S.9 61.0 65.6 71.4 76.9 72.4 Public sector LDOD 132.9 231.0 300.4 301.7 317.1 337.4 349.0 326.7 Private sector LDOD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 DISBURSEMENTS 15.6 13.0 11.4 9.6 4.7 6.3 9.8 5.4 Public and publicly guaranteed 15.6 13.0 11.4 9.6 4.7 6.3 9.8 5.4 Official creditors 15.6 13.0 l1.4 9.6 4.7 6.3 9.8 5.4 Multilateral 12.S l3.0 8.4 S.l 3.1 3.6 9.8 5.4 Concessional 11.7 12.9 5.8 7.2 2.9 3.6 9.4 4.7 Bilateral 2.7 0.0 2.9 1.5 1.5 2.7 0.0 0.0 Concessional 2.7 0.0 2.9 1.5 1.5 2.7 0.0 0.0 Private creditors 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: mRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 5.4 5.6 1.7 5.0 0.9 0.7 3.2 2.5 PRINCIPAL REPAYMEl'iTS 1.1 0.8 2.2 1.6 2.4 3.9 6.4 6.0 Public and publicly guaranteed 1.1 0.8 2.2 1.6 2.4 3.9 6.4 6.0 Official creditors 1.0 0.8 2.2 1.6 2.4 3.9 6.4 6.0 Multilateral 0.4 0.8 1.9 1.6 1.6 2.1 3.0 2.0 Concessional 0.4 0.5 1.6 1.4 1.4 1.7 2.6 1.6 Bilateral 0.6 0.0 0.3 0.0 0.7 1.8 3.4 4.0 Concessi anal 0.0 0.0 0.0 0.0 0.5 1.6 3.1 3.7 Private creditors 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: mRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 0.0 0.1 0.5 0.2 0.0 0.1 0.1 0.1 INTEREST PA YMENl'S (LINT) 1.2 0.9 1.2 1.8 2.1 2.6 3.1 3.6 Public and publicly guaranteed 1.2 0.9 1.2 1.8 2.1 2.6 3.1 3.6 Official creditors 1.1 0.9 1.2 1.8 2.1 2.6 3.1 3.6 Multilateral 0.3 0.8 1.2 0.5 0.9 1.0 1.4 1.4 Concessional 0.3 0.7 1.2 0.5 0.8 0.9 1.4 1.3 Bilateral 0.9 0.1 0.0 1.4 1.3 1.7 1.7 2.2 Concessional 0.1 0.1 0.0 0.8 0.9 1.3 1.6 1.4 Private creditors 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: mRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 0.1 0.3 0.5 0.2 0.0 0.2 0.4 0.5 331 SAO TOME AND PRINCIPE (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 3,9 4,8 5,3 5.3 4.7 Japanese yen 0.0 0.0 0.0 0.0 0,0 0.0 0.0 0,0 Pound sterling 0,0 0,0 0,0 0,0 0.0 0,0 0.0 0,0 Swiss franc 0,0 0,0 4.4 4.3 4,9 5.2 5,5 5.8 U,S.dollars 39.3 39.8 44.6 45.8 46.2 44,8 43,6 43.4 Total amount rescheduled 0,0 29.5 23,5 1.7 3.5 1.9 0.0 0,0 Debt stock rescheduled 0.0 0.0 2.4 0.0 0.0 0.0 0,0 0.0 Principal rescheduled 0,0 15.5 13.7 0.7 2.4 1.0 0.0 0,9 Official 0.0 14.4 13.7 0.7 2.4 1.0 0,0 0,9 Private 0.0 L1 0.0 0,0 0.0 0.0 0.0 0.0 Interest rescheduled 0.0 8,5 9,8 1.0 1.0 0.4 0.0 0,2 Official 0.0 8.1 9.8 1.0 1.0 0.4 0,0 0.2 Private 0,0 0.3 0.0 0,0 0.0 0,0 0,0 0.0 Debt forgiven 0.0 0.0 4.8 1A 2,1 2.1 2.3 2.5 Memo: interest forgiven 0.0 0.0 L7 1.0 0.8 0.5 0.4 0.3 Debt stock reduction 0.0 0.0 4.8 0.0 0,0 0,0 0.0 0.0 of which debt 0,0 0,0 0,0 0,0 0.0 0,0 0,0 0,0 Total change in debt stocks 15,6 22.0 ·1.8 -0,9 21.6 6,3 12,6 -25,1 Net flows on debt 9,2 12.9 11.7 6.0 7,3 -12,7 3.4 -0,] Cross-currency valuation 2,3 1.3 ·7,6 ·7,6 2,3 7,8 4A -1 Ll ALL CREDITORS Interest (%) 0.8 0,0 0,9 0,8 1.5 0.8 1.0 0.0 Maturity (years) 35,8 0,0 38,7 41.1 22,8 49,9 37,5 0,0 Grace period (years) 10,1 0,0 9,3 11.3 6.3 10.4 9,7 0,0 Grant element (%) 76.6 0,0 76,6 81.1 59,6 83.3 77.0 0,0 Official creditors Interest (%) 0,8 0,0 0,9 0,8 1.5 0,8 1.0 0,0 Maturity (years) 35,8 0.0 38,7 41.1 22,8 49.9 37.5 0,0 Grace period (years) 10.1 0.0 9,3 11.3 6,3 lOA 9,7 0,0 Grant element (%) 76.6 0,0 76,6 8L1 59,6 83,3 77.0 0.0 Private creditors Interest (%) 0,0 0.0 0.0 0,0 0,0 0,0 0.0 0.0 Maturity (years) 0.0 0.0 0,0 0,0 0.0 0,0 0.0 0.0 Grace period 0.0 0,0 0,0 0,0 0,0 0,0 0.0 0.0 Grant element 0.0 0.0 0,0 0,0 0,0 0,0 0,0 0.0 TOTAL Principal 12,0 13.1 12,8 13,0 13,0 13, I 13,7 13.3 Interest 3.9 3.7 3.6 3.5 3,3 3.2 3,0 2,8 Official creditors Principal 12.0 13,1 12,8 13,0 13.0 13.1 13,7 13.3 Interest 3.9 3,7 3,6 3.5 3.3 3.2 3,0 2,8 Bilateral creditors Principal 6.7 6.4 6,1 6.1 6.0 6.0 6.0 5.4 Interest 2,2 2,0 1.9 1.8 1.7 1.6 1.5 1.4 Multilateral creditors Principal 5.3 6.7 6,7 6,9 7,0 7.1 7,7 7.9 Interest 1.7 1.7 1.7 1.7 1.6 1.6 1.5 1.4 Private creditors Principal 0.0 0.0 0,0 0.0 0.0 0.0 0,0 0.0 Interest 0,0 0.0 0,0 0.0 0.0 0.0 0.0 0,0 Notes: 332 SENEGAL (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 TOTAL DEBT STOCKS (EDT) 3,744 3,906 3,590 3,644 4,086 4,367 3,825 3,793 Long-term debt (LDOD) 3,008 3,299 3,189 3,193 3,540 3,971 3,585 3,609 Public and publicly guaranteed 2,948 3,256 3,176 3,143 3,506 3,921 3,440 3,467 Private nonguaranteed 60 44 13 51 33 50 145 141 Use of IMF credit 314 347 255 248 253 240 204 148 Short-term debt 421 260 146 202 294 156 36 36 of which interest arrears on LDOD 4 9 I 1 2 2 0 0 Official creditors 3 4 1 1 2 2 0 0 Private creditors 0 6 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 0 51 17 14 13 10 13 10 Official creditors 0 7 17 14 13 [0 13 10 Private creditors 0 44 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 261 256 158 282 240 220 456 424 Long-tenn debt 232 173 139 252 228 215 451 418 IMF purchases 29 83 19 30 12 5 5 5 Principal repayments 196 196 148 147 147 166 262 138 Long-tenn debt 141 156 127 124 124 134 227 105 IMF repurchases 55 41 21 23 23 32 35 34 Net flows on debt 232 87 -150 191 184 -84 76 285 of which short-tenn debt 167 28 -161 56 91 -138 -118 0 Interest payments (INT) 128 87 76 66 74 78 74 55 Long-tenn debt 84 70 58 56 66 72 70 53 IMF charges 15 3 I 1 1 I I 1 Short-tenn debt 29 14 17 8 7 5 3 2 Net transfers on debt 104 1 ·227 125 111 -162 2 230 Total debt service paid (TDS) 324 283 224 213 220 244 336 193 Long-tenn debt 225 225 185 181 190 206 297 157 IMF repurchases and charges 70 43 22 24 24 33 36 34 Short-tenn debt (interest only) 29 14 17 8 7 5 3 2 NET RESOURCE FLOWS 702 426 320 303 379 293 1,029 675 Net flow oflong-term debt (ex. IMp) 91 17 13 128 104 81 224 314 Foreign direct investment (net) 57 32 63 32 78 52 77 54 Portfolio equity flows I 4 -2 -5 3 4 -28 0 Grants (excluding technical coop.) 553 373 246 148 194 156 755 307 Memo: technical coop, grants 175 185 123 141 159 205 219 224 NET TRANSFERS 558 295 186 179 224 133 891 622 Interest on long·tenn debt 84 70 58 56 66 72 70 53 Profit remittances on FDI 60 62 75 67 90 89 68 0 Gross national income (GNI) 5,502 4,321 4,294 4,485 4,870 6,285 7,472 8,086 Exports of goods, serv, & inc, (XGS) 1,628 1,680 1,562 1,722 1,885 2.361 2,838 Worker remit. & comp. of employees 142 146 233 305 344 511 633 633 Imports of goods & services (MGS) 2,053 2,033 1,929 2,008 2,273 2,879 3.420 International reserves (RES) 22 272 384 447 637 1,111 1,386 1,191 Current account balance -363 -244 -332 -245 -317 -437 -513 EDT I XGS (%) 230.0 232.6 229.8 211.6 216.8 185.0 134,8 EDT IGNI(%) 68.0 90.4 83.6 81.2 83.9 69.5 5[,2 46,9 TDS/XGS (%) 19.9 16,8 14.3 12.3 11.7 10.4 11.8 !NT I XGS (%) 7.9 5,2 4.9 3.8 3.9 3,3 2.6 lNT I GNI(%) 2.3 2.0 [,8 1.5 1.5 1.2 1.0 0.7 RES I EDT (%) 0,6 7,0 10.7 12.3 15.6 25.4 36.2 31.4 RES I MGS (months) 0.1 1.6 2.4 2,7 3.4 4.6 4.9 Short-term I EDT (%) 11.2 6.7 4.1 5,5 7.2 3.6 0,9 0.9 Concessionall EDT (%) 52.5 58.8 75,7 75,1 75.5 79.5 85,7 88.0 Multilateral! EDT (%) 36.7 48.4 53.3 53.4 54.6 58,8 74,8 74.6 333 SENEGAL (US$ million, unless othelwise indicated) 2000 DEBT OUTSTANDING (LDOD) 3,008 3,299 3,189 3,193 3,540 3,971 3,585 3,609 Public and publicly guaranteed 2,948 3,256 3,176 3,143 3,506 3.921 3,440 3,467 OlIicial creditors 2,783 3,184 3.171 3,131 3,493 3:908 3,428 3,458 Multilateral 1,376 1,889 1,913 1,947 2,230 2,566 2,861 2,830 Concessional 1,153 1,596 1.765 1,815 2,105 2,416 2.712 2,718 Bilateral 1,407 1,294 1,259 1,184 1,263 1,342 567 628 Concessional 814 702 953 920 981 1,056 567 618 Private creditors 166 72 5 12 13 14 12 9 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 113 66 5 12 13 14 12 9 Private nonguaranteed 60 44 13 51 33 50 145 141 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 60 44 13 51 33 50 145 141 Memo: IBRD 88 35 I 0 0 0 0 0 IDA 747 1,126 1,330 1.384 1,578 1,806 2,040 2,045 Public sector LDOD 2,911 3,224 3,176 3,143 3,506 3,921 3.440 3,467 Private sector LDOD 97 76 13 51 33 50 145 141 DISBURSEMENTS 232 173 139 252 228 215 451 418 Public and publicly guaranteed 217 172 138 197 219 201 341 370 Official creditors 217 In 133 190 218 199 341 370 Multilateral 145 144 119 168 183 169 291 261 Concessional 127 136 113 164 177 153 280 257 Bilateral 72 28 14 22 35 30 50 109 Concessional 12 27 14 19 35 30 50 99 Private creditors 0 0 5 7 I 2 0 0 of which: Bonds 0 0 0 0 0 () 0 0 Commercial banks 0 () 5 7 I 2 0 () Private nonguaranteed 15 1 1 55 10 14 110 49 Bonds 0 () 0 0 () 0 0 () Commercial banks and other 15 1 1 55 10 14 110 49 Memo: IBRD 0 0 0 0 0 0 0 0 IDA 117 107 92 119 114 107 173 182 PRINCIPAL REPAYMENTS 141 156 127 124 124 134 227 105 Public and publicly guaranteed 129 150 124 108 114 120 212 76 Official creditors III 129 124 108 114 118 210 73 Multilateral 58 98 68 45 45 44 64 40 Concessional 29 59 49 32 31 37 57 35 Bilateral 52 31 56 63 69 74 145 34 Concessional 24 14 38 50 52 53 41 33 Private creditors 19 21 0 0 0 2 2 2 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 8 12 0 0 0 2 2 2 Private nonguaranteed 12 5 3 17 10 14 15 29 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 12 5 3 17 10 14 15 29 Memo: IBRD 13 12 3 I 0 0 0 0 IDA 3 6 11 10 6 J3 15 12 Il\;lEREST PAYMENTS (LINT) 84 70 58 56 66 72 70 53 Public and publicly guaranteed 81 69 58 53 64 70 62 43 Official creditors 71 6S 58 53 64 69 62 42 Multilateral 26 38 26 19 28 25 35 31 Concessional 9 14 16 IS 18 19 30 27 Bilateral 45 27 32 34 36 44 27 10 Concessional 20 8 24 20 24 26 24 10 Private creditors 10 3 0 0 0 1 0 1 of which: Bonds 0 () 0 0 () 0 0 0 Commercial banks 7 2 0 0 0 1 0 1 Private nonguaranteed 3 1 0 4 1 2 8 10 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 3 1 0 4 1 2 8 10 Memo: IBRD 6 3 0 0 0 () () 0 IDA 4 8 8 9 10 12 15 16 334 SENEGAL (US$ million. unless otherwise indicated) 1990 2001 2002 2003 Euro 19.5 19.9 20.8 12.2 U.S Japanese yen 1.5 3.6 3,0 2,3 2.1 1.8 0.0 0.0 Pound sterling 0.2 0.1 0,1 0,1 0.1 0,1 0,0 0,0 Swiss franc 0.9 0.5 0.2 0,1 0.1 0.1 0,0 0,0 U,S.dollars 32,9 35,9 45,2 47,7 48.1 48,9 60,0 59,9 Total amount rescheduled III 258 0 0 0 7 0 0 Debt stock rescheduled 0 0 0 0 0 7 0 0 Principal rescheduled 76 171 0 0 0 0 0 0 Official 61 164 0 0 0 0 0 0 Private 15 7 0 0 0 0 0 0 Interest rescheduled 27 49 0 0 0 0 0 0 Official 24 47 0 0 0 0 0 0 Private 3 1 0 0 0 0 0 0 Debt forgiven 18 14 12 21 26 23 330 34 Memo: interest forgiven 0 5 10 7 2 2 4 2 Debt stock reduction 0 8 0 0 0 0 69 0 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 475 218 -341 54 442 281 -542 -32 Net flows on debt 232 87 -150 191 184 -84 76 285 30 -191 -164 -100 252 332 171 -244 ALL CREDITORS Interest (% ) 2,1 1.2 0,8 1.3 1.8 1.4 0.9 1.2 Maturity (years) 33.1 37,S 39,S 37,S 33,2 34,2 33,7 32.4 Grace period (years) 8.7 9,1 9,8 9.3 9,2 8.2 8.8 8.1 Grant element (%) 65,0 74.3 78.5 74.1 67,0 69.3 73,2 69,7 Official creditors Interest (%) 2,0 1.2 0.8 Ll 1.8 1.3 0,9 1.2 Maturity (years) 33.4 37,S 40.1 38,3 33.3 34.4 33,7 32.4 Grace peri od (years) 8,8 9.1 9.9 9,6 9,2 8.3 8,8 8,1 Grant element (%) 65,6 74.3 79,5 76,0 67.2 69,7 73,2 69,7 Private creditors Interest (%) 8.3 0,0 3,0 7.1 3.0 6.9 0.0 0.0 Maturity (years) 10.1 0,0 9,3 7.3 9,3 7,2 0.0 0,0 Grace period 2.6 0.0 2.8 0.5 2,8 0.5 0,0 0,0 Grant element 6.6 0.0 29.4 7.9 29.4 8,6 0.0 0,0 2006 2007 2008 2009 2010 2011 2012 2013 TOTAL Principal 174 171 175 169 175 151 146 148 Interest 54 52 50 47 44 40 37 36 Official creditors Principal 143 140 144 140 147 lSI 146 148 Interest 45 46 45 44 42 40 37 36 Bilateral creditors Principal 49 52 50 42 39 36 37 35 Interest 12 12 12 II II 10 9 9 Multilateral creditors Principal 93 88 93 98 108 115 110 113 Interest 33 33 33 32 31 30 28 27 Private creditors Principal 31 31 31 29 28 0 0 0 Interest 9 7 5 3 2 0 0 0 Notes: 335 SERBIA AND MONTENEGRO (US$ million, unless olllen,vise indicated) TOTAL DEBT STOCKS (EDT) 10,785 11,499 12,407 11,560 14,374 14,717 16,295 Long·term debt (LDOD) 8,562 6,789 6,833 8,721 10,652 12,064 13,186 Public and publicly guaranteed 6,788 6,178 6,177 7.815 8,475 8,520 7,972 Private nonguaranteed 1,773 611 656 906 2,177 3,545 5,214 Use of IMF credit 84 152 273 567 917 964 866 Short-term debt 2,139 4,558 5,301 2,272 2,805 1,689 2,242 of which interest arrears on LDOD 1,396 3,668 4,276 1,252 1.749 690 728 Official creditors 443 2,520 3,129 218 233 230 234 Private creditors 954 1,148 1,148 1,034 1,516 460 494 Memorandum items Principal arrears on WOD 4,182 5,275 6,160 2,097 2,341 805 805 Official creditors 2,595 3,639 4,524 146 182 228 262 Private creditors 1.588 1,636 1,636 1,952 2,159 577 544 TOTAL DEBT FLOWS Disbursements 0 376 314 888 1,213 2,313 3,100 Long·term debt 222 187 629 933 2,072 2,916 IMF purchases Principal repayments ° 0 0 154 73 127 30 259 79 280 168 241 587 185 779 Long-term debt 0 0 30 79 168 353 572 L\1F repurchases 0 73 0 235 206 Net flows on debt of which short-term debt 120 120 51 -252 419 135 ° 804 -5 ° 1,080 36 1,668 -57 2,837 515 Interest payments (INT) 47 47 76 167 249 332 471 Long-term debt 0 0 16 123 206 276 382 IMFcharges 29 7 12 13 24 32 Short-term debt Net transfers on debt ° 47 73 18 4 52 343 33 637 30 831 32 1,336 57 2,366 Total debt service paid (TDS) 47 120 106 247 417 920 1,249 Long-tenn debt 0 0 46 202 374 629 954 IMF repurchases and charges 0 102 7 12 13 259 238 Short-term debt (interest only) 47 18 52 33 30 32 57 NET RESOURCE FLOWS 532 1,545 1,537 3,034 3,122 3,446 4,544 Net flow of long-term debt (ex, IMP) 0 222 157 550 765 1,719 2,343 Foreign direct investment (net) 45 25 165 137 1,360 966 1,481 Portfolio equity flows 0 0 0 0 0 0 Grants (excluding technical coop,) Memo: technical coop. grants 487 57 1.298 124 1,215 221 2,347 315 997 311 ° 761 320 720 347 NET TRANSFERS 532 1,545 1,520 2,911 2,916 3,170 4,162 Interest on long-term debt 0 0 16 123 206 276 382 Profit remittances on PDI 0 0 0 0 0 0 ° ~.MAJOaECONOMlC;;AGGRE~TJ1:$ Gross national income (GNI) 8,604 11.550 15,417 20,435 24,062 25,747 Exports of goods, servo & inc. (XGS) Worker remiL & compo of employees 0 1.132 1,698 2,089 2,661 4,(29 4,650 hnports of goods & services (MGS) International reserves (RES) Current account balance . 4· .DEBT INDICATORS EDT/XGS (%) EDT I GNI (%) 133.7 107,4 75,0 70,3 61.2 63.3 TDS/XGS (%) !NT I XGS (%) !NT I GNI (%) 0.5 0,7 Ll 1.2 1.4 1.8 RES/EDT(%) RES I MGS (months) Short-temll EDT (%) 19,8 39.6 42,7 19,7 19,5 11,5 13.8 Concessionall EDT (%) 3.4 2.4 2,2 21.2 20,6 23,5 19,7 Multilateral I EDT (%) 12,2 12.5 11.0 27.8 24.6 28,2 24,0 336 SERBIA AND MONTENEGRO (US$ million, unless otherwise indicated) 2000 DEBT OUTSTANDING (LDOD) 8,562 6,789 6,833 8,721 10,652 12,064 13,186 Public and publicly guaranteed 6,788 6,178 6,177 7,815 8,475 8,520 7,972 Official creditors 4,588 4,243 4,242 5,887 6,547 7,444 6,896 Multilateral 1,3 J J 1,440 1.369 3,213 3,529 4,147 3,910 Concessional 0 0 0 167 334 519 583 Bilateral 3,277 2,803 2,873 2,673 3,018 3,297 2,986 Concessional 366 272 277 2,288 2,623 2,939 2,633 Private creditors 2,200 1,935 1,935 1,928 1,928 1,076 1,076 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 2,193 1,928 1,928 1,928 1,928 1,076 1,076 Private nonguaranteed 1,773 611 656 906 2,177 3,545 5,214 Bonds 0 0 0 0 0 0 0 Commercial banks and other 1,773 611 656 906 2.177 3,545 5,214 Memo: mRD 1.252 1,097 1,085 2,251 2,605 2,838 2,466 IDA 0 0 0 167 284 464 518 Public sector LDOD 6,693 6,095 6,109 7,815 8,475 8,520 7,972 Private sector LDOD 1,869 694 724 906 2,177 3,545 5,214 DISBURSEMENTS 0 222 187 629 933 2,072 2,916 Public and publicly guaranteed 0 222 187 351 308 545 323 Official creditors 0 187 187 351 308 545 323 Multilateral 0 0 8 230 239 313 290 Concessional 0 0 0 159 140 162 107 Bilateral 0 187 179 122 69 231 33 Concessional 0 0 15 90 64 170 33 Private creditors 0 35 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 Private non guaranteed 0 0 0 277 626 1,527 2,593 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 277 626 1.527 2,593 Memo: mRD 0 0 0 0 0 0 0 IDA 0 0 0 159 95 162 88 PRINCIPAL REPAYMENTS 0 0 30 79 168 353 572 Public and publicly guaranteed 0 0 30 4 10 16 51 Official creditors 0 0 30 4 10 16 50 Multilateral 0 0 0 4 8 10 34 Concessional 0 0 0 0 0 0 0 Bilateral 0 0 30 0 2 6 16 Concessional 0 0 0 0 0 4 12 Private creditors 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 75 158 336 522 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 75 158 336 522 Memo: IBRD 0 0 0 0 0 0 20 IDA 0 0 0 0 0 0 0 INTEREST PAYMENTS (LINT) 0 0 16 123 206 276 382 Public and publicly guaranteed 0 0 16 100 166 223 252 Official creditors 0 0 16 100 l66 183 208 Multilateral 0 0 5 84 123 147 148 Concessional 0 0 0 0 1 5 6 Bilateral 0 0 12 15 42 36 60 Concessional 0 0 0 14 39 34 56 Pri vate creditors 0 0 0 0 0 40 44 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 40 44 Private nonguaranteed 0 0 0 23 41 53 129 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 23 41 53 129 Memo: mRD 0 0 5 7S 104 121 114 IDA 0 0 0 0 1 3 4 337 SERBIA AND MONTENEGRO (US$ million. unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 Euro 18.2 20.8 25.3 30.7 30.5 Japanese yen 2.2 2.0 1.7 l.l 1.1 1.1 0.8 Pound sterling 0.7 O.S 0.5 0.0 0.2 0.2 0.2 Swiss franc 3.6 2.8 2.7 1.8 1.8 2.0 1.8 U.S.dollars 19.8 24.6 27.0 50.2 48.3 64.7 64.7 1. DEBT RESTRU(;'tllR.JNGS Total amount rescheduled 0 0 215 4,514 0 1,076 0 Debt stock rescheduled 0 0 0 957 0 733 0 Principal rescheduled 0 0 52 1,287 6 0 0 Official 0 0 52 1.284 6 0 0 Private 0 0 0 3 0 0 0 Interest rescheduled 0 0 134 756 0 349 0 Ofticial 0 0 134 754 0 0 0 Private 0 0 0 2 0 349 0 Debt forgiven 0 0 0 838 0 0 54 Memo: interest forgiven 0 0 0 0 0 569 0 Debt stock reduction 0 0 0 114 0 1,196 0 of which debt buyback 0 0 0 0 0 0 0 8. "EBT STOCK~FLOWRECOl'!dLtAll~ Total change in debt stocks ~315 599 908 ~848 2.814 343 1.577 Net nows on debt 120 51 419 804 1.080 1,668 2.837 Cross~currency valuation 215 ~164 ~30 369 879 -487 -505 9.~~MGE TERMS OFNlLWt;O~;\ ALL CREDITORS Interest (%) 0.0 4,1 6,6 2.4 2.4 3.2 1.6 Maturity (years) 0.0 14.9 19.1 19.4 17.7 23,0 19.6 Grace period (years) 0.0 4.9 5.0 7.2 7.2 8.9 8.6 Grant element (%) 0,0 36.1 20.3 52,] 50.3 50.4 61.0 Official creditors Interest (%) 0.0 0.4 6,6 2.4 2.4 3.2 1.6 Maturity (years) 0.0 23.2 ]9,1 19.4 17.8 23.0 19.6 Grace period (years) 0.0 7.8 5.0 7.2 7.2 8.9 8.6 Grant element (%) 0.0 65.1 20.3 52.1 50.3 50.4 61.0 Private creditors Interest (%) 0,0 7.8 0.0 0,0 2.2 0.0 0.0 Maturi ty (years) 0.0 6.4 0.0 0.0 3.0 0.0 0.0 Grace period (years) 0.0 1.9 0.0 0.0 2.5 0.0 0.0 Grant element (%) 0.0 6.4 0.0 0.0 17.8 0.0 0.0 :u~~~~tmJi\li·.p.UGATIONSONO~~~~ll~~G~~_~.~.··.· . 2006 2007 2008 2009 2010 2011 TOTAL Principal 1,204 1,020 674 961 899 519 451 626 Interest 529 500 461 432 433 400 375 353 Official creditors Principal 185 212 233 255 243 242 283 336 Interest 299 301 297 289 279 269 259 247 Bilateral creditors Principal 37 42 57 74 58 58 64 68 Interest 129 128 126 123 120 118 115 112 Multilateral creditors Principal 149 169 176 181 185 184 219 269 Interest 170 173 171 166 159 151 144 135 Private creditors Principal 1,018 809 441 705 656 277 169 289 Interest 230 199 164 142 153 130 116 106 Notes: Data include old debt incurred by Kosovo and Montenegro prior to 2000. Debt reduction: The debt reduction of 1988-91 consisted of buybacks of $128 million in 1988, $610 million in 1989, $1.5 billion in 1990, and $554 million in 1991. Other: In 1992 the former Yugoslavia split into several republics; information on debt outstanding by the various republics are shown in the country pages for Croatia and FYR Macedonia. Debt includes the old debt of Kosovo incurred prior to 1999. 338 SEYCHELLES (US$ million, unless otherwise indicatedj 1995 2000 2001 2002 2003 2004 2005 TOTAL DEBT STOCKS (EDT) 180.8 198.0 303.6 320.0 396.4 435.7 444.6 674.7 Long-term debt (LDOD) 134.7 185.1 219.5 220.6 283.6 328.5 345.2 401.7 Public and publicly guaranteed 134.7 185.1 219.5 220.6 283.6 328.5 345.2 401.7 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Use of IMF credit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short-term debt 46.0 13.0 84.0 99.4 106.8 107.2 99.4 273.0 of which interest arrears on LDOD 1.2 2.0 5.0 8.4 15.8 34.2 45.4 57.0 Official creditors 0.6 0.6 5.0 8.4 14.3 33.0 39.3 49.0 Private creditors 0.7 1.3 0.0 0.0 1.5 1.2 6.2 8.0 Memorandum items Principal arrears on LDOD 9.3 20.4 21.0 28.9 45.6 91.1 99.9 116.9 Official creditors 7.1 8.9 20.9 27.3 43.6 85.2 85.3 97.7 PIivate creditors 2.1 ll.5 0.0 1.6 2.0 5.9 14.6 19.2 TOTAL DEBT FLOWS Disbursements 13.2 17.1 38.4 35.4 79.2 54.4 37.6 55.8 Long-teon debt 13.2 17.1 38.4 35.4 79.2 54.4 37.6 55.8 IMF purchases 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal repayments 12.4 15.8 9.6 28.6 34.1 28.4 31.5 37.4 Long-teon debt 12.4 15.8 9.6 28.6 34.1 28.4 31.5 37.4 IMF repurchases 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 :-let flows on debt 11.0 -8.8 71.0 18.9 45.2 8.0 -12.9 180.4 of which short -term debt 10.2 -10.0 42.2 12.0 0.0 -18.0 -19.0 162.0 Interest payments (INT) 8.9 8.0 11.2 9.8 9.1 8.8 7.7 17.6 Long-teon debt 5.3 7.2 6.8 5.8 6.1 6.8 5.4 10.8 L\1F charges 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short-term debt 3.6 0.8 4.4 4.0 3.0 2.0 2.3 6.8 :-let transfers on debt 2.0 -16.8 59.8 9.1 36.0 -0.8 -20.6 162.7 Total debt service paid (TDS) 21.3 23.9 20.7 38.4 43.2 37.2 39.2 55.0 Long-teon debt 17.7 23.1 16.3 34.4 40.2 35.2 36.9 48.2 IMF repurchases and charges 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short-teon debt (interest only) 3.6 0.8 4.4 4.0 3.0 2.0 2.3 6.8 NET RESOURCE FLOWS 32.6 54.3 64.3 81.2 97.2 87.0 48.5 105.3 Net flow oflong-teon debt (ex. IMF) 0.8 1.2 28.8 6.9 45.2 26.0 6.1 18.4 Foreign direet investment (net) 20.2 45.9 24.3 64.7 47.7 58.4 38.0 82.4 Portfolio equity flows 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grants (excluding teehnical coop.) 11.6 7.2 11.2 9.6 4.3 2.6 4.4 4.6 Memo: technical coop. grants 10.3 8.8 3.5 3.6 4.3 6.3 6.0 6.5 NET TRAl'OSFERS 19.0 33.0 49.3 63.7 42.0 54.3 25.9 74.3 Interest on long-teon debt 5.3 7.2 6.8 5.8 6.1 6.8 5.4 10.8 Profit remittances on FDI 8.3 14.1 8.2 11.7 49.0 25.9 17.2 20.3 Gross national income (GNO 355.4 488.6 583.2 601.1 629.9 660.1 661.7 656.6 Exports of goods. servo & inc. (XGS) 240.6 344.8 494.8 520.5 559.2 633.5 643.8 744.9 Worker remit. & comp. of employees 8.0 1.0 0.0 2.0 2.0 5.0 7.0 11.0 ImP0l1S of goods & services (MGS) 264.6 350.0 545.2 681.7 672.3 651.0 715.2 929.4 International reserves (RES) 16.6 27.1 43.8 37.1 69.8 67.4 34.6 56.2 Current account balance -13.0 1.4 -42.9 -153.1 -101.3 -9.4 -60.3 -165.2 EDT J XGS (%) 75.1 57.4 61.3 61.5 69.8 68.8 69.1 90.6 EDT I GNI(%) 50.9 40.5 52.0 53.2 62.0 66.0 67.2 102.7 IDS I XGS (%) 8.9 6.9 4.2 7.4 7.7 5.9 6.1 7.4 INT/XGS (%) 3.7 2.3 2.3 1.9 1.6 1.4 1.2 2.4 INll GNI (%) 2.5 1.6 1.9 1.6 1.5 1.3 1.2 2.7 RES/EDT(%} 9.2 13.7 14.4 11.6 17.9 15.5 7.8 8.3 RES J MGS (months) 0.8 0.9 1.0 0.7 1.2 1.2 0.6 0.7 Short-leon I EDT (%) 25.5 6.6 27.7 31.1 27.4 24.6 22.4 40.5 Concessional! EDT (% ) 44.3 46.0 34.5 32.1 29.7 29.2 30.[ 18.0 Multilateral! EDT (%) 24.1 31.9 19.0 18.0 16.2 16.2 16.6 10.5 339 SEYCHELLES (US$ million, unless otherwise indicated) DEBT OUTSTANDING (LDOD) 134.7 185.1 219.5 220.6 283.6 328.5 345.2 401.7 Public and publicly guaranteed 134.7 185.1 219.5 220.6 283.6 328.5 345.2 401.7 Official credi tors 115.5 148.7 158.5 158.1 192.6 237.7 244.1 229.2 Multilateral 43.6 63.3 57.6 57.6 63.3 70.5 73.7 70.7 Concessional 19.8 23.6 23.7 24.3 25.5 27.6 28.8 31.5 Bilateral 71.8 85.5 100.9 100.5 129.2 167.3 170.4 158.6 Concessi anal 60.2 67.5 81.1 78.5 90.4 99.5 105.1 90.2 Private creditors 19.3 36.3 61.1 62.5 91.0 90.8 101.1 172.5 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Conunercial banks 16.4 21.6 49.5 51.8 51.1 38.8 52.9 83.9 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: lBRO 5.8 5.4 2.9 2.3 2.5 2.7 2.7 1.9 IDA 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Public sector LOOO 134.7 185.1 219.5 220.6 283.6 328.5 345.2 401.7 Private sector LOOO 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 DISBURSEMENTS 13.2 17.1 38.4 35.4 79.2 54.4 37.6 55.8 Public and publicly guaranteed 13.2 17.1 38.4 35.4 79.2 54.4 37.6 55.8 Official creditors 11.6 16.8 \9.1 7.4 19.5 32.0 0.9 7.7 Multilateral 3.4 9.4 7.4 2.9 1.5 1.5 0.9 4.5 Concessional 1.2 0.9 3.3 1.0 0.1 1.1 0.9 4.5 Bilateral 8.2 7.4 11.6 4.4 17.9 30.5 0.0 3.3 Concessional 4.1 2.1 11.4 0.9 3.6 2.2 0.0 0.6 Private creditors 1.6 0.3 19.3 28.1 59.8 22,4 36.7 48.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 1.3 0.0 19.3 28.1 29.8 3.0 36.7 45.5 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds OJ) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: lBRO 1.4 1.3 0.1 0.0 0.0 0.0 0.0 0.0 IDA 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 PRINCIPAL REPA YMENTS 12.4 15.8 9.6 28.6 34.1 28.4 31.5 37.4 Public and publicly guaranteed 12.4 15.8 9.6 28.6 34.1 28.4 31.5 37.4 Official creditors 4.5 7.2 5.0 2.5 1.6 5.0 4.7 7.4 Multilateral 2.9 4.1 2.4 0.7 0.6 0.3 0.4 1.5 Concessional 0.3 0.8 0.3 0.1 0.0 0.0 0.3 0.6 Bilateral 1.7 3.2 2.7 1.8 1.0 4.8 4.2 5.9 Concessional 1.5 2.8 1.6 1.6 0.9 1.6 0.1 0.4 Private creditors 7.9 8.6 4.6 26.0 32.5 23.4 26.8 30.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 6.8 4.6 1.7 25.2 31.7 16.0 22.9 13.9 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: lBRO 0.6 (J.8 0.7 0.4 0.0 0.0 0.0 0.7 IDA 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 INTEREST PAYMENTS (LINT) 5.3 7.2 6.8 5.8 6.1 6.8 5.4 10.8 Public and publicly guaranteed 5.3 7.2 6.8 5.8 6.1 6.8 5.4 10.8 Official creditors 3.4 4.8 2.0 0.6 1.2 3.0 3.0 2.9 Multilateral 2.5 3.6 0.9 0.3 0.4 0.2 0.5 0.8 Concessi anal 0.3 0.5 0.2 0.0 0.3 0.1 0.3 0.3 Bilateral 0.9 L2 1.2 0.4 0.8 2.8 2.5 2.1 Concessional 0.8 1.1 O.S 0.4 0.2 0.3 0.1 0.1 Private creditors 1.9 2.4 4.8 5.2 4.9 3.8 2.5 7.9 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 1.7 1.2 4.0 4.7 4.5 1.4 1.5 3.8 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: lBRO 0.4 0.4 0.2 0.1 0.0 0.1 0.0 0.2 IDA D.O 0.0 0.0 0.0 0.0 0.0 0.0 D.O 340 SEYCHELLES (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 20.6 17.l 18.6 19.2 14.3 Japanese yen 0.0 0.0 2.1 4.1 3.0 2.8 1.5 1.8 Pound sterling 17.1 7.8 6.5 6.3 5.5 5.2 5.4 4.1 Swiss franc 7.3 6.0 4.5 4.1 3.8 3.7 3.9 2.9 U.S.dollars 8.6 14.1 35.6 31.0 40.1 41.4 42.5 54.1 Total amount reseheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31.4 Debt stock rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14.9 Principal rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11.3 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11.3 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Interest rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4.7 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4.7 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt forgiven 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6.7 Memo: interest forgiven 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 Debt stock reduction 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which debt 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Total change in debt stocks 24.0 -1.8 52.1 16.4 70.4 45.3 8.9 230.1 Net flows on debt 11.0 -8.8 71.0 18.9 45.2 8.0 -12.9 180.4 Cross-currency valuation 9.6 6.0 -5.5 1.1 13.5 7.7 6.5 -11.8 ALL CREDITORS Interest (%) 5.4 4.3 3.7 7.2 6.8 4.2 5.3 5.7 Maturity (years) 19.1 18.2 11.5 9.4 7.1 9.9 5.7 6.8 Grace period (years) 8.4 4.7 2.6 2.5 0.9 1.6 0.8 1.3 Grant element (%) 35.0 33.1 27.9 12.8 9.4 21.2 11.6 13.4 Official creditors Interest (%) 4.9 4.3 3.3 4.0 5.8 4.3 0.0 2.0 Maturity (years) 20.4 18.2 12.8 19.5 12.3 20.8 0.0 14.4 Grace period (years) 9.0 4.7 2.6 6.5 2.0 6.0 0.0 4.8 Grant element (%) 38.2 33.1 33.3 41.4 19.3 38.3 0.0 46.1 Private creditors Interest (%) 11.5 0.0 4.4 7.5 7.1 4.1 5.3 6.1 Maturity (years) 4.8 0.0 9.2 8.1 5.6 6.8 5.7 6.0 Grace period (years) 0.9 0.0 2.5 2.1 0.6 0.3 0.8 0.9 Grant element -2.5 0.0 18.3 9.3 6.6 16.4 ) 1.6 10.0 2006 2007 2008 2009 2010 2011 2012 TOTAL Principal 81.0 77.9 44.6 39.4 30.3 16.9 14.4 10.2 Interest 15.5 11.4 7.6 5.8 4.1 2.9 2.1 1.5 Official creditors Principal 29.1 25.7 24.1 19.0 16.4 11.4 8.9 8.9 Interest 6.1 5.3 4.4 3.5 2.8 2.2 1.7 1.3 Bilateral creditors Principal 18.8 16.9 15.9 12.4 10.2 5.5 5.5 5.4 Interest 3.6 3.2 2.6 2.0 1.6 1.2 1.0 0.7 Multilateral creditors Principal 10.4 8.8 8.1 6.6 6.2 5.9 3.5 3.5 Interest 2.5 2.1 1.8 1.5 1.2 0.9 0.7 0.6 Private creditors Principal 51.9 52.2 20.5 20.4 13.9 5.5 5.4 1.3 Interest 9.4 6.1 3.3 2.3 1.3 0.8 0.4 0.1 Notes: 341 SIERRA I.EONE fUS$ million. unless otherwise indicated) 1995 2000 TOTAL DEBT STOCKS (EDT) 1,197 1,250 1,226 1,292 1,440 1,604 1,728 1,682 Long-term debt (LDOD) 940 1,058 1,006 1,121 1,260 1,418 1,510 1,420 Public and publicly guaranteed 940 1,058 1.006 I, 121 1,260 1,418 1,510 1,420 Private nonguaranteed 0 0 0 0 0 0 0 0 Use of IMF credit 108 165 174 152 169 169 196 192 Short-term debt 148 27 46 19 10 17 22 69 of which interest arrears on LOOD 148 7 39 5 1 5 2 12 Official creditors 83 7 38 5 1 3 2 12 Private creditors 66 0 1 0 0 2 0 0 Memorandum items Principal arrears on LDOD 547 108 68 33 29 44 49 57 Official creditors 173 19 64 33 29 34 49 57 Private crcditors 374 88 4 0 0 10 0 0 TOTAL DEBT FLOWS Disbursements 24 115 91 143 102 63 122 73 Long-tenn debt 24 95 77 83 66 44 80 52 IMF purchases 0 20 14 60 36 20 41 21 Principal repayments 12 60 35 85 13 15 14 12 Long-tenn debt 7 57 10 9 12 13 13 10 IMP repurchases 5 4 25 75 1 1 1 2 Net flows on debt 12 55 57 65 85 51 116 98 of which short-tenn debt 0 0 1 7 -5 3 8 37 Interest payments (INT) 9 23 12 11 9 11 13 13 Long-tenn debt 9 21 9 8 8 9 12 11 IMP charges 0 1 3 3 1 1 1 1 Short-tenn debt 0 1 0 0 1 0 I 1 Net transfers on debt 3 32 45 54 76 40 103 85 Total debt service paid (TDS) 21 83 47 96 22 25 27 25 Long-tenn debt 16 77 19 17 20 23 24 20 IMF repurchases and charges 5 4 28 78 2 2 2 3 Short-tenn debt (interest only) 0 1 0 0 0 1 1 NET RESOURCE FLOWS 79 133 222 276 288 264 389 354 Net now of long-tenn debt (ex, IMF) 17 38 67 74 54 30 68 43 Foreign direct investment (net) 32 7 39 10 10 9 61 59 Portfolio eq uity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop,) 30 87 116 192 223 225 260 252 Memo: technical coop. grants 28 24 21 31 44 69 38 31 ~'ET TRANSFERS 19 101 212 268 278 246 345 302 Interest onlong-tenn debt 9 21 9 8 8 9 12 11 Profit remittances on PDI 51 11 2 1 2 9 32 41 Gross national income (GNI) 580 847 614 780 906 963 1,039 1,161 Exports of goods, servo & inc' (XGS) 210 153 70 92 124 204 244 271 Worker remit. & compo of employees 0 24 7 7 22 26 25 2 Imports of goods & services (MGS) 287 290 262 291 357 421 438 509 Intemational reserves (RES) 5 35 49 51 85 67 125 171 Current account balance -69 -118 -112 -98 -73 -83 -99 -103 EDT I XGS (%) 568,8 818.4 1,760.8 1,410.0 1,162.0 784.9 707.5 620.9 EDT I GNI(%) 206.4 147.6 199.5 165.6 158.9 166.6 166.3 144.9 TDS/XGS (%) 10.1 54.3 67.1 104.6 17.5 12.4 11.2 9.2 !NT I XGS (%) 4.4 14.9 17.0 12.2 7.2 5.2 5.4 4.7 INT IGNI(%) 1.6 2.7 1.9 1.4 l.0 1.1 1.3 1.1 RES/EDT(%) 0.5 2.8 4.0 4.0 5.9 4.2 7.2 10.1 RES I MGS (months) 0.2 1.4 2.3 2.1 2.8 l.9 3.4 4.0 Short-tenn I EDT (%) 12.4 2.2 3.8 1.5 0.7 l.0 1.3 4.1 Concessionall EDT (%) 26.2 56.1 66.6 72.8 74.1 74.6 76.6 75.6 Multilateral I EDT (%) 15.2 34.7 47.0 47.8 50.2 51.2 53.4 52.5 342 SIERRA LEONE (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 940 1,058 1,006 1,121 1,260 1,418 1,510 1,420 Public and publicly guaranteed 940 1,058 1,006 1,121 1,260 1,418 1,510 1,420 Official creditors 508 966 LOOO 1.120 1,259 1,405 1,508 1,419 Multilateral 182 434 576 617 722 821 922 884 Concessi onal 170 412 548 602 701 789 890 860 Bilateral 327 532 424 502 536 584 585 535 Concessional 143 289 268 340 366 408 433 411 Private creditors 431 92 5 I 1 12 2 2 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 17 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: lBRD 11 3 0 0 0 0 0 0 IDA 81 231 354 407 479 543 591 559 Public sector LDOD 608 974 1,006 1,121 1,260 1,418 1,510 1,420 Private sector LDOD 332 84 0 0 0 0 0 0 DISBURSEMENTS 24 95 77 83 66 44 80 52 Public and publicly guaranteed 24 95 77 83 66 44 80 52 Official creditors 20 95 77 83 66 44 80 52 Multilateral I 87 74 83 63 41 77 51 Concessional 1 86 74 83 63 36 77 51 Bilateral 19 8 3 0 3 3 4 1 Concessional 19 8 3 0 3 3 4 1 Private creditors 4 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 Bonds Commercial banks and other 0 0 0 0 0 0 0 0 0 0 0 0 ° 0 0 0 0 Memo: lBRD 0 0 0 0 0 0 0 0 IDA 0 44 70 69 44 24 31 19 PRINCIPAL REPAYMENTS 7 57 10 9 12 13 13 10 Public and publicly guaranteed 7 57 10 9 12 13 13 10 Official creditors 7 28 10 9 12 13 13 10 Multilateral 2 4 7 5 5 5 2 2 Concessional 0 3 6 5 4 4 2 2 Bilateral 5 25 2 4 7 8 10 8 Concessional 2 4 0 0 1 2 4 2 Private creditors 0 28 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 28 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: lBRD 0 1 0 0 0 0 0 0 IDA 0 2 2 2 1 0 0 0 INTEREST PAYMENTS (LINT) 9 21 9 8 8 9 12 11 Public and publicly guaranteed 9 21 9 8 8 9 12 11 Official creditors 4 21 9 8 8 9 12 11 Multilateral 2 3 4 3 3 3 5 6 Concessional 1 2 3 3 2 3 5 6 Bilateral 2 18 5 5 5 6 6 5 Concessional 1 3 0 0 1 2 2 2 Private creditors 5 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Private nonguaranteed Bonds Commercial banks and other 0 0 ° 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Memo: lBRD 0 0 0 0 0 0 0 0 IDA 0 2 2 3 2 3 4 343 SIERRA LEONE (US$ million. unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 15.1 15,2 15,8 14.4 12,9 Japanese yen 4,8 7.4 6,8 8,8 8.6 8.7 8.6 8,2 Pound sterling 1.4 0.5 0.6 0.4 0.3 0.4 0.4 0.3 Swiss franc 5.3 2.8 2.2 1.7 1.7 1.7 1.8 1.8 U.S,doliars 54.9 42.5 46.3 50.0 49.7 49.0 48.8 48,9 Total amount rescheduled 0 31 0 168 15 9 17 5 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 26 0 34 9 4 6 2 Official 0 25 0 34 9 4 6 2 Private 0 I 0 0 0 0 0 0 Interest rescheduled 0 4 0 23 5 4 5 2 Official 0 4 0 23 5 4 5 2 Private 0 0 0 0 0 0 0 0 Debt forgiven 0 18 0 26 II 19 29 24 Memo: interest forgiven 0 119 0 19 6 6 2 5 Debt stock reduction 0 222 0 0 0 0 0 0 of which debt buyback 0 29 0 0 0 0 0 0 Total change in debt stocks -308 -70 66 148 164 124 -46 Net flows on debt 55 57 65 85 51 116 98 18 -47 -35 92 110 49 -119 ALL CREDITORS Interest (%) 2.3 0,6 0.8 0.7 1.4 0.7 0.8 0,0 Maturity (years) 26.6 32.6 39,8 39.5 35.8 39,0 40.9 43.5 Grace period (years) 8,9 7,8 10.3 1L5 7.6 9.7 8.0 4.2 Grant element (%) 60.9 70.4 80,6 81.3 69.9 79.3 73.9 SO.6 Official creditors Interest (% ) 1.1 0.6 O.S 0.7 1.4 0.7 0.8 0.0 Maturity (years) 30.6 32.6 39,8 39.5 35.8 39.0 40.9 43.5 Grace period (years) 10.2 7.8 10.3 lI.5 7.6 9,7 8,0 4.2 Grant element (%) 71.2 70.4 80.6 81.3 69.9 79.3 73.9 80,6 Private creditors Interest (%) 9.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 3.0 0,0 0.0 0,0 0.0 0.0 0.0 0,0 Grace period LO 0.0 0,0 0.0 0.0 0.0 0.0 0.0 Grant element 1.2 0.0 0,0 0,0 0.0 0.0 0.0 0.0 2006 2007 2008 2009 2010 2011 2012 2013 TOTAL Principal 52 46 47 48 48 50 52 46 Interest 26 25 24 22 21 20 18 17 Official creditors Principal 52 46 47 48 48 49 51 46 Interest 26 25 23 22 21 20 IS 17 Bilateral creditors Principal 32 25 26 26 25 25 25 19 Interest 19 18 17 15 14 13 12 11 Multilateral creditors Principal 20 20 21 22 24 25 26 27 Interest 7 7 7 7 7 7 6 6 Private creditors Principal 0 0 0 0 0 0 0 0 Interest 0 0 0 0 0 0 0 0 Notes: 344 SLOVAK REPUBLIC (US$ million, unless otherwise indicated) 2000 2001 TOTAL DEBT STOCKS (EDT) 5,744 12,140 11,154 13,112 18,172 22,211 23,654 Long-term debt (LDOD) 3,573 9,725 8,081 8,875 10,117 11,747 8,493 Public and publicly guaranteed 3,488 6,304 5,531 4,295 4,508 5,163 3,340 Private nonguaranteed 85 3,421 2,550 4,580 5,609 6,584 5,153 Use oCIMF credit 457 0 0 0 0 0 0 Short-term debt 1,714 2,415 3,073 4,237 8,056 10,464 15,160 of which interest arrears on LDOD 0 0 0 0 21 !7 22 Official creditors 0 0 0 0 0 0 0 Private creditors 0 0 0 0 21 17 22 Memorandum items Principal arrears on LOOD 0 244 36 42 140 90 62 Official creditors 0 0 0 0 0 0 0 Private creditors 0 244 36 42 140 90 62 TOTAL DEBT FLOWS Disbursements 1,013 2,004 726 3,861 3,537 5,162 2,450 Long-term debt 1,013 2.004 726 3,861 3,537 5,162 2,450 IMF purchases 0 0 0 0 0 0 0 Principal repayments 862 2,022 1,833 2,400 2,966 4,162 4,845 Long-term debt 662 1,895 1,833 2,400 2,966 4.162 4,845 IMF repurchases 201 127 0 0 0 0 0 Net flows on debt 629 ·309 -449 1,632 2,883 3,413 2,295 of which short-term debt 478 -291 658 171 2,312 2,413 4,690 Interest payments (INT) 404 768 813 1,011 652 916 1,016 Long-term debt 282 569 687 909 516 587 368 IMFcharges 32 6 0 0 0 0 0 Short-term debt 90 194 127 102 136 329 648 Net transfers on debt 224 -1,077 -1,262 621 2,231 2,497 1,279 Total debt service paid (TDS) 1,267 2,790 2,646 3,411 3,618 5,078 5,861 Long-tenn debt 944 2,464 2,519 3,309 3,482 4,749 5,213 IIv1F repurchases and charges 233 133 0 0 0 0 0 Short-term debt (interest only) 90 194 127 102 136 329 648 NET RESOURCE FLOWS 585 2,172 555 5,698 1,310 2,445 -487 Net flow of long-term debt (ex. IMF) 352 109 -1,107 1,462 571 1,000 -2,395 Foreign direct investment (net) 236 2,052 1,584 4,104 559 L261 1,908 Portfolio equity flows -16 -53 0 10 59 0 0 Grants (excluding technical coop.) 14 63 78 122 120 184 0 Memo: technical coop. grants 68 16 17 29 31 28 0 NET TRANSFERS 303 1,560 -132 4,635 615 1,859 -855 Interest on long-term debt 282 569 687 909 516 587 368 Profit remittances on FDI 0 43 0 154 178 0 0 Gross national income (GNI) 19,389 19,865 20,575 23,778 32,545 40,686 44.436 Exports of goods, servo & inc. (XGS) 11,219 14,405 17.614 26,148 Worker remit. & compo of employees 26 18 24 24 424 424 424 Imports of goods & services (MGS) 10,922 15,219 19,767 26,675 International reserves (RES) 3,863 4,376 4,453 9,196 12,149 14,912 15.480 Current account balance 390 -694 -1,955 -282 EDT/XGS (%) 5L2 84.3 74.4 69.5 EDT I GNI (%) 29.6 61.1 54.2 55.1 55.8 54.6 53.2 TDS I XGS (%) 11.3 19.4 19.4 13.8 lNT I XGS (%) 3.6 5.3 5.7 2.5 !NT I GNI (%) 2.1 3.9 4.0 4.3 2.0 2.3 2.3 RES I EDT (%) 67.3 36.0 39.9 70.1 66.9 67.1 65.4 RES / MGS (months) 4.2 3.5 5.6 5.5 Short-term / EDT (%) 29.8 19.9 27.6 32.3 44.3 47.1 64.1 Concessional / EDT (%) 1.6 2.7 2.4 2.0 0.4 0.3 0.3 Multilateral I EDT (%) 7.7 5.3 6.4 6.1 5.5 4.4 3.5 345 SLOVAK REPUBLIC (US$ million, unless otherwise indicated) 1995 2000 2001 2002 2003 2004 2005 .·.$,;LONG-TERM nEBT DEBT OUTSTANDING (LDOD) 3,573 9,725 8,081 8,875 10,117 11,747 8,493 Public and publicly guaranteed 3,488 6,304 5,531 4,295 4,508 5,163 3,340 Official creditors 617 1,136 1,131 1,213 1.238 Ul1 983 Multilateral 442 649 714 802 995 987 820 Concessional () () 0 0 0 7 6 Bilateral 175 487 417 411 243 224 164 Concessional 91 323 268 262 79 59 75 Pri vate creditors 2,871 5,168 4,400 3,082 3,270 3,952 2,357 of which: Bonds 581 2,780 2,379 2,512 2,814 3,70] 2,347 Commercial banks 399 900 694 478 448 245 5 Private nonguaranteed 85 3,421 2,550 4,580 5,609 6,584 5,153 Bonds 0 0 0 0 0 0 0 Commercial banks and other 85 3,421 2,550 4,580 5.609 6,584 5,153 Memo: lBRD 263 184 205 204 293 401 302 IDA 0 0 0 0 0 0 0 Public sector LDOD 3,361 6,199 5,457 4,219 4.414 5,054 3,234 Private sector LDOD 212 3,526 2,623 4,657 5.703 6,693 5,260 DISBURSEMENTS 1,013 2,004 726 3,861 3,537 5,162 2,450 Public and publicly guaranteed 945 1,013 244 36 1,043 1,633 134 Official creditors 161 88 152 36 153 345 129 Multilateral 84 51 145 33 126 301 101 Concessional 0 0 0 0 0 6 0 Bilateral 78 37 7 3 27 44 28 Concessional 77 0 0 I 9 21 28 Private creditors 784 925 92 0 890 1,288 5 of which: Bonds 0 748 0 0 848 1,243 0 Commercial banks 67 177 92 0 42 45 5 Private nonguaranteed 68 991 481 3,825 2,493 3,529 2,316 Bonds (} 0 0 0 (} 0 0 Commercial banks and other 68 991 481 3,825 2,493 3,529 2,316 Memo: IBRD 8 I 54 0 81 104 29 IDA 0 0 0 0 0 0 0 PRINCIPAL REPA YMENTS 662 1,895 1,833 2,400 2,966 4,162 4,845 Public and publicly guaranteed 658 567 624 597 1,502 1,339 1,375 Official creditors 54 118 92 114 318 457 210 Multilateral 42 95 51 54 79 381 150 Concessional 0 0 0 0 0 0 0 Bilateral 13 23 41 60 239 76 60 Concessional 0 12 15 32 207 42 4 Private creditors 604 449 532 483 1,184 882 1,165 of which: Bonds 0 199 283 189 973 622 934 Commercial banks 194 95 88 266 121 259 229 Private nonguaranteed 3 1,327 1,208 1,803 1,464 2,823 3,470 Bonds 0 0 () () 0 0 0 Commercial banks and other 3 1,327 1,208 1,803 1,464 2,823 3,470 Memo: lBRD 0 23 22 22 24 29 85 IDA 0 0 0 0 0 (} 0 INTEREST PAYMENTS (LINT) 282 569 687 909 516 587 368 Public and publicly guaranteed 282 317 337 281 296 217 218 Official creditors 38 58 81 56 58 45 43 Multilateral 29 38 38 37 44 35 35 Concessional 0 0 0 0 0 0 0 Bilateral 8 20 44 19 14 9 8 Concessional 2 II 9 10 6 2 1 Private creditors 244 259 256 224 238 173 176 of which: Bonds 53 160 168 187 212 161 167 Commercial banks 51 47 43 28 17 II 8 Private nonguaranteed 1 252 349 628 221 369 150 Bonds 0 0 0 0 0 (} 0 Commercial banks and other I 252 349 628 221 369 150 Memo: lBRD 17 JI 10 9 10 11 12 IDA 0 0 0 0 0 0 0 346 SLOVAK REPUBLIC (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 47.5 66.3 84.0 89.6 88.0 Japanese yen 2.6 8.7 6.3 8.2 1.7 1.2 2.2 Pound sterling 0.1 0.0 o.n n.o o.n O.D O.D Swiss franc 0.1 0.0 D.O 0.0 D.O 0.0 0.0 U.S.dollars 1.5 17.2 17.1 17.1 8.4 5.8 7.4 ,.Dtl;DTUSTRUcrUQ;INQ$ Total amount rescheduled 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 n n n 0 Debt stock reduction 0 0 0 0 0 n 0 of which debt 0 0 0 0 0 0 0 . Ittm~t~,"FliQWRE~QI..Lt\TI~ Total cbange in debt stocks 986 -435 -987 1,958 5,060 4,039 1,442 Net flows on debt 629 -309 -449 1,632 2.883 3,413 2,295 Cross-currency valuation 66 -235 -229 549 664 264 -598 '"A~RA;~!JEJDI$.()FNEWCO~~S ALL CREDITORS Interest (%) 5.8 7.1 5.2 4.6 1.6 4.4 4.4 Maturity (years) 8.8 8.0 11.8 20.0 4.6 10.5 10.9 Grace period (years) 3.3 6.9 4.3 6.1 2.3 10.0 4.7 Grant element (%) 19.0 13.1 23.4 35.3 20.2 34.0 27.6 Official creditors Interest (%) 4.1 7.4 5.0 46 1.4 4.1 4.4 Maturity (years) 14.6 11.1 15.6 20.0 16.0 17.0 10.9 Grace period (years) 3.8 3.8 5.3 6.1 3.6 12.3 4.7 Grant element (%) 32.6 12.1 29.8 35.3 45.2 42.9 27.6 Private creditors In terest (% ) 7.3 7.1 5.7 0.0 1.6 4.5 0.0 Maturity (years) 3.8 7.7 1.5 0.0 2.0 9.7 0.0 Grace period (years) 2.9 7.2 1.5 0.0 2.0 9.7 0.0 Grant element (%) 7.3 13.2 5.7 0.0 14.6 32.8 o.n ·.··~o.(;Q~~:AJ;,9BJ.~npNS.qN9~~'lNG:~mt,i~:.lIi)Jj'lF . 2006 2007 2008 2009 2010 TOTAL Principal 962 904 650 601 1,174 562 595 582 Interest 467 413 359 325 293 219 188 156 Official creditors Principal 117 143 126 93 93 74 70 59 Interest 44 40 34 29 26 22 20 17 Bilateral creditors Principal 31 29 22 II II 8 6 6 Interest 7 6 5 4 3 3 2 2 Multilateral creditors Principal 86 liS 104 82 82 66 64 53 Interest 36 34 29 25 22 20 17 15 Private creditors Principal 845 761 524 508 1,081 488 524 523 Interest 423 373 325 296 268 196 168 139 Notes: Short-term debt data are from the Annual Reports of the National Bank of Slovakia (NBS). 347 SOLOMON ISLANDS (US$ million, unless otherwise indicated) 1995 2004 TOTAL DEBT STOCKS (EDT) 120.5 158.7 155.4 163.2 179.8 178,0 177.0 170.3 Long-term debt (LDOD) 103.2 149.1 152.1 158.8 175.5 169.9 166.3 155.0 Public and publicly guaranteed 103.2 100.3 120.7 130.9 150.2 151.3 155.3 148.1 Pri vate nonguaranteed 0.0 48.8 31.5 28.0 25.3 18.6 11.0 7.0 Use of IMF credit 0.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short-term debt 16.6 9.7 3.2 4.4 4.3 8.1 10.S 15.3 of which interest arrears on LDOD 0.1 8.4 1.8 2.4 3.9 6.7 9.8 12.3 Official creditors 0.1 0.5 0.4 0.9 2.3 1.9 1.9 2.4 Pri vate creditors 0.0 8.0 1.4 1.5 1.6 4.8 7.8 9.8 Memorandum items Principal arrears on LDOD 0.2 11.4 3.3 4.8 6.0 7.4 8.8 11.3 Official creditors 0.2 1.5 1.0 2.1 2.8 3.8 5.3 5.7 Private creditors 0.0 9.9 2.3 2.8 3.2 3.6 3.5 5.6 TOTAL DEBT FLOWS Disbursements 5.2 11.8 3.4 17.6 10.3 0.4 2.2 5.7 Long-tenn debt 5.2 11.8 3.4 17.6 10.3 0.4 2.2 5.7 IMF purchases 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal repayments 7.9 6.5 6.2 4.5 3.3 5.5 10.4 10.0 Long-tenn debt 7.0 6.5 6.2 4.5 3.3 5.5 10.4 10.0 IMF repurchases 0.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Net tlows on debt 13.S 4.5 -4.4 13.7 5.4 -4.2 -S.6 -2.3 of which short-tcnn debt 16.5 -0.8 -1.5 0.5 -1.6 0.9 -0.3 2.0 Interest payments (INT) 3.7 1.6 2.9 2.6 2.4 3.9 6.2 4.0 Long-tenn debt 3.1 1.5 2.7 2.5 2.3 3.9 6.2 3.9 IMF charges 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short-tenn debt 0.5 0.1 0.1 0.1 0.0 0.0 0.0 0.1 Net transfers on debt 10.1 3.0 -7.3 11.1 3.0 -8.1 -14.S -6.3 Total debt service paid (TDS) 11.6 8.1 9.1 7.1 5.7 9.4 16.6 14.0 Long-tenn debt 10.1 8.0 9.0 7.0 5.7 9.4 16.6 13.9 llvlF repurchases and charges 1.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short-tenn debt (interest only) 0.5 0.1 0.1 0.1 0.0 0.0 0.0 0.1 ~."G(i.~i,~~~()UR(;EFLO~.~.N~~m!lj~·~~~~f ' ,-j :~1,> NET RESOURCE FLOWS 28.8 27.9 47.2 44.5 17.8 13.4 18.0 48.9 Net flow of long-tenn debt (ex. IMF) -1.8 5.3 -2.9 13.1 6.9 -5.1 -8.2 -4.3 Foreign direct investment (net) 10.4 2.0 1.4 -11.6 -1.4 -2.0 1.0 -0.8 Portfolio equity flows 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grants (excluding technical coop.) 20.2 20.6 48.7 43.0 12.4 20.5 25.2 54.0 Memo: technical coop. grants 19.5 26.0 20.9 18.8 17.1 62.7 96.3 143.3 SET TRANSFERS 23.7 19.6 44.4 42.0 15.5 9.5 11.S 45.0 Interest on long-tenn debt 3.1 1.5 2.7 2.5 2.3 3.9 6.2 3.9 Profit remittances on FDI 2.0 6.8 0.0 0.0 0.0 0.0 0.0 0.0 :J;:~OIlEOONOMl(: Gross national income (GNI) 207.3 320.7 298.5 274.3 220.4 222.5 266.4 298.1 Exports of goods, servo & inc. (XGS) 97.8 211.3 Worker remit. & compo of employees 0.0 0.0 2.0 2.0 2.0 2.0 2.0 2.0 Imports of goods & services (MOS) 163.6 239.4 International reserves (RES) 17.6 15.9 32.0 19.3 18.2 37.2 80.6 95.4 Current account balance -27.8 8.3 4. DE»T OOllCA~ EDT IXOS (%) 123.2 75.1 EDT I ONI (%) 58.1 49.5 52.0 59.5 81.6 80.0 66.S 57.1 TDS IXOS (%) 11.8 3.8 \NT I XOS (%) 3.8 0.7 \NT! ONI (%) 1.8 0.5 1.0 0.9 1.1 1.7 2.3 1.4 RES I EDT (%) 14.6 10.0 20.6 11.9 10.1 20.9 45.5 56.0 RES I MOS (months) 1.3 0.8 Short-term I EDT (%) 13.8 6.1 2.1 2.7 2.4 4.5 6.1 9.0 Concessionall EDT (%) 64.1 54.3 74.3 77.1 80.6 81.9 84.6 86.0 Multilateral! EDT (0/0) 51.0 50.1 64.6 58.6 58.3 60.3 63.2 62.8 348 SOLOMON ISLANDS (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 DEBT OUTSTANDING (LDOD) 103.2 149.1 152.1 158.8 175.5 169.9 166.3 155.0 Public and publicly guaranteed 103.2 100.3 120.7 130.9 150.2 151.3 155.3 148.1 Official creditors 89.1 95.1 1173 127.5 145.9 147.0 151.1 147.7 Multilateral 61.5 79.5 100.4 95.6 104.8 107,3 111.8 106.9 Concessional 61.5 78.2 99.5 94.8 103.8 106.0 110.5 105.7 Bilateral 27.7 15.6 16.9 3L8 41.1 39.8 39.3 40.8 Concessional 15.8 8.0 16.0 31.0 41.1 39.8 39.3 40.8 Private creditors 14.1 5.2 3.4 3.4 4.2 4.2 4.2 0.4 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 10.9 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 48.8 31.5 28.0 25.3 18.6 11.0 7.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 48.8 31.5 28.0 25,3 18.6 11.0 7.0 Memo: IDRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 16.6 25.9 38.4 37.9 40.8 44.3 46.8 43.4 Public sector LOOD 103.2 100.3 l20.7 130.9 150.2 151.3 155.3 148.1 Private sector LOOD 0.0 48.8 31.5 28.0 25.3 18.6 ILO 7.0 DISBURSEMENTS 5.2 11.8 3.4 17.6 10.3 0.4 2.2 5.7 Public and publicly guaranteed 5.2 9.1 3.4 17.6 10.3 OA 2.2 5.7 Official creditors 5.2 4.8 3.4 17.6 10.3 0.4 2.2 5.3 Multilateral 5.2 4.8 1.4 1.6 0.3 0.4 2.2 5.3 Concessional 5.2 3.5 1.4 1.6 0.3 0.4 2.2 5.3 Bilateral 0.0 0.0 2.0 16.1 10.0 0.0 0.0 0.0 Concessional 0.0 0.0 2.0 16.1 10.0 0.0 0.0 0.0 Private creditors 0.0 4.2 0.0 0.0 0.0 0.0 0.0 0.4 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 2.8 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 2.8 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 2.5 3.2 0.6 l.l 0.3 0.2 1.3 0.9 PRINCIPAL REPAYMENTS 7.0 6.5 6.2 4.5 3.3 5.5 lOA 10.0 Public and publicly guaranteed 7.0 1.8 2.7 1.0 0.7 2.9 2.6 5.8 Official creditors 3.9 L3 2.7 1.0 0.7 2.9 2.6 3.2 Multilateral O.S 0.6 1.1 0.6 0,3 2.5 2.0 2.0 Concessional 0.5 0.6 l.l 0.6 0.3 2.5 2.0 2.0 Bilateral 3.4 0.7 1.6 0.4 0.4 0.4 0.6 1.2 Concessional 1.4 0.2 1.6 0.4 0.4 0,4 0.6 1.2 Private creditors 3.1 O.S 0.0 0.0 0.0 0.0 0.0 2.6 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 2.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 4.7 3.5 3.5 2.6 2.6 7.8 4.2 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 4.7 3.5 3.5 2.6 2.6 7.8 4.2 Memo: IDRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 0.0 0.1 0.2 0.1 0.3 0.5 0.9 0.8 INTEREST PAYMENTS (LINT) 3.1 1.5 2.7 2.5 2.3 3.9 6.2 3.9 Public and publicly guaranteed 3.1 0.9 0.8 0.8 0.7 2.4 2.2 1.7 Official creditors 1.6 0.8 0.8 0.8 0.7 2,4 2.2 1.7 Multilateral 0.6 0.5 0.7 0.6 0.4 1.5 0.8 O.S Concessional 0.6 0.5 0.7 0.6 0.4 1.5 0.8 0.8 Bilateral 1.0 0.3 0.1 0.2 0.3 0.9 1.4 0.9 Concessional 0.0 0.0 0.1 0.2 0.3 0.9 1.4 0.9 Private creditors 1.5 O.l 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 1.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.6 1.9 1.7 1.6 1.4 4.0 2.3 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.6 1.9 1.7 1.6 1.4 4.0 2.3 Memo: ffiRD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 IDA 0.1 0.2 0.3 0.2 0.4 0.3 0.4 0.3 349 SOLOMON ISLANDS (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 ···li..~˘rto~~tl'jON.QF~iJLlCANJ) rtmLlcty~ij~~IJJ).tt~:' Euro 4.9 5.1 6.1 6.4 6.9 Japanese yen 4.8 3.8 3A 2.7 2.6 2.9 2.9 5.4 Pound sterling 13.1 6.4 2.9 2.3 1.2 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 52.0 53.9 67.1 71.5 72.9 73.8 73.6 71.8 1. MDT RESTRUCTllRINGS Total amount rescheduled 0.0 0.0 7.8 0.0 0.0 0.0 0.0 4.3 Debt stock rescheduled OJ} 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal rescheduled 0.0 0.0 6.4 0.0 0.0 0.0 0.0 0.0 Official 0.0 0.0 6.4 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 OJ) 0.0 0.0 0.0 0.0 0.0 Interest rescheduled 0.0 0.0 1.4 0.0 0.0 0.0 0.0 0.0 Official 0.0 0.0 1,4 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt forgiven 0.0 6.3 0.0 0.0 0.0 1.6 0.0 1.7 Memo: interest forgiven 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6A Debt stock reduction 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which debt 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8.1)Ł'81 S'tOCI'·FLQW RECONCILlATlQN Total change in debt stocks 20.5 3.8 -9.6 7.9 16.6 -1.9 -0.9 -6.7 Net flows on debt l3.8 4.5 -4,4 13.7 5,4 -4.2 -8.6 -2.3 6.6 -0.5 -7.0 -5.3 8.1 11.5 4.5 -85 ~VERA~E TJl;RMSOF NEWCO~. ALL CREDITORS Interest (%) 2.2 4.9 0.8 2.9 0.0 0.0 0.0 5.0 Maturity (years) 17.7 15.9 40.0 26.6 0.0 0.0 0.0 5.1 Grace period (years) 11.5 2.6 10.5 4.9 0.0 0.0 0.0 0.0 Grant element (%) 56.9 29.4 80.9 51.5 0.0 0.0 0.0 11.1 Official creditors Interest (%) 2.2 3.4 0.& 2.9 0.0 0.0 00 0.0 Maturity (years) 17.7 18.9 40.0 26.6 0.0 0.0 OJ) 0.0 Grace period (years) 11.5 3.6 10.5 4.9 0.0 0.0 0.0 0.0 Grant element (%) 56.9 40.8 80.9 51.5 0.0 0.0 0.0 0.0 Private creditors Interest (%) 0.0 7.8 00 0.0 0.0 0.0 0.0 5.0 Maturity (years) 0.0 10.2 0.0 0.0 0.0 0.0 0.0 5.1 Grace period (years) 0.0 0.7 0.0 0.0 0.0 0.0 0.0 0.0 Grant element (%) 0.0 7.6 0.0 0.0 0.0 0.0 0.0 11.1 .ti;;~~~;~~J,'I'IQN$.()N OOTsT~~O~~'_lL'''' 2006 2007 2008 2009 2010 20ll TOTAL Principal 5.7 6.1 8.3 7.1 7.5 7.5 7.2 6.9 Interest 2.4 2.3 2.4 2.4 2.3 2.2 1.8 1.7 Official creditors Principal 5,4 5.6 8.1 6.8 7.3 7.4 7.2 6.9 Interest 2.2 2.1 2.2 2.2 2.1 2.0 1.8 1.7 Bilateral creditors Principal 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 Interest 1.4 1.3 1.2 1.1 1.0 0.9 0.8 0.7 Multilateral creditors Principal 2.8 3.0 5.5 4.2 4.6 4.7 4.6 4.3 Interest 0.8 0.8 1.0 1.1 l.l 1.0 1.0 0.9 Private creditors Principal 0.3 0.5 0.3 0.3 0.2 0.2 0.0 0.0 Interest 0.2 0.3 0.3 0.2 0.2 0.2 0.0 0.0 Notes: 350 SOMALIA (US$ million, unless otherwise indicated) 1995 2000 2001 TOTAL DEBT STOCKS (EDT) 2,370 2,678 2,562 2,563 2,689 2,838 2,849 2,750 Long·term debt (LDOD) 1,926 1,961 1,825 1,795 1,860 1,936 1,949 1,882 Public and publicly guaranteed 1,926 1,961 1,825 1,795 1,860 1.936 1,949 1,882 Private non guaranteed 0 0 0 0 0 0 0 0 Use of IMF credit 159 166 146 141 152 166 174 160 Short·term debt 285 551 591 627 677 735 726 709 of which interest arrears on LDOD 255 521 569 603 644 702 726 709 Official creditors 249 504 554 589 628 686 709 693 Pri vale creditors 5 17 15 14 15 17 17 16 Memorandum items Principal arrears on LOaD 674 1,135 1,241 1,295 1,370 1,451 1,483 1,460 Official creditors 646 1,098 1,208 1,263 1,336 1,4 15 1,446 1,425 Private creditors 28 37 33 32 34 36 37 35 TOTAL DEBT FLOWS Disbursements 46 0 0 0 0 0 0 0 Long-tenn debt 46 0 0 0 0 0 0 0 IMF purchases 0 0 0 0 0 0 0 0 Principal repaymenL~ 5 0 0 0 0 0 0 0 Long-tenn debt 3 0 0 0 0 0 0 0 IMF repurchases 3 0 0 0 0 0 0 0 Net flows on debt 58 0 ·7 2 9 0 ·33 0 of which short-tenn debt 18 0 -7 2 9 0 -33 0 Interest payments (INT) 5 1 0 0 0 0 0 0 Long-tenn debt 4 0 0 0 0 0 0 0 IMF charges I 1 0 0 0 0 0 0 Short-term debt 0 0 0 0 0 0 0 0 Net transfers on debt 53 ·1 ·7 2 9 0 ·33 0 Total debt service paid (TDS) 11 1 0 0 0 0 0 0 Long-tenn debt 7 0 0 0 0 0 0 0 IMF repurchases and charges 4 I 0 0 0 0 0 0 Short-term debt (interest only) 0 0 0 0 0 0 0 0 NET RESOURCE FLOWS 372 150 87 120 178 154 204 244 Net flow of long-Ienn debt (ex, IMF) 43 0 0 0 0 0 0 0 Foreign direct investment (net) 6 I 0 0 0 -I 21 24 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop,) 323 149 86 120 178 155 183 220 Memo: technical coop. grants 94 43 16 30 14 20 11 9 NET TRANSFERS 368 150 87 120 178 154 204 244 Interest on long-tenn debt 4 0 0 0 0 0 0 0 Profit remittances on FDI 0 0 0 0 0 0 0 0 Gross national income (GNn 835 Exports of goods, servo & inc, (XGS) Worker remit. & compo of employees 0 0 0 0 0 0 0 0 Imports of goods & services (MGS) International reserves (RES) Current account balance EDT I XGS ('Yo) EDT I GNI ('Yo) 283.9 IDS I XGS (0/0) INT I XGS (%) INT I GNI (%) 0.6 RES I EDT (%) RES I MGS (months) Short-tenn I EDT (%) 12.0 20.6 23.1 24.5 25,2 25.9 25.5 25,8 Concessional I EDT (%) 65.7 59.6 58.1 57.0 56.3 55.4 55.4 55.4 Multilateral I EDT (%) 31.8 29.4 27.7 27.0 27.1 27.2 27.8 27,5 351 SOMALIA (US$ million, unless otherwise indicated) 1995 2000 DEBT OUTSTANDING (LDOD) 1,926 1,961 1,825 1,795 1,860 1,936 1,949 1,882 Public and publicly guaranteed 1,926 1,961 1,825 1,795 1,860 1,936 1,949 1,882 Official creditors 1,889 1,924 l,792 1,763 1,826 1,900 1,912 1.846 Multilateral 754 786 709 692 727 771 793 755 Concessional 735 767 693 676 710 752 772 737 Bilateral 1,136 1,138 1.083 1,071 ],099 1,129 1,119 1.091 Concessional 822 828 794 784 803 822 806 788 Private creditors 37 37 33 32 34 36 37 35 of which: Bonds 0 0 0 0 0 Commercial banks ° 0 ° ° 0 0 0 ° 0 0 ° 0 ° 0 Private nonguaranteed 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 :\>lemo: IBRO 0 0 0 0 0 0 0 0 IDA 419 432 396 386 405 431 444 422 Public sector LOOO 1,926 1,961 1,825 1,795 1,860 1,936 1,949 1,882 Private sector LOOO 0 0 0 0 0 0 0 0 DISBURSEMENTS 46 0 0 0 0 0 0 0 Public and publicly guaranteed 46 0 0 0 0 0 0 0 Official creditors 46 0 0 0 0 0 0 0 Multilateral 46 0 0 0 0 0 0 0 Concessional 46 0 0 0 0 0 0 0 Bilateral 0 0 0 0 0 0 0 0 Concessional 0 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRO 0 0 0 0 0 0 0 0 IDA 35 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 3 0 0 0 0 0 0 0 Public and publicly guaranteed 3 0 0 0 0 0 0 0 Official creditors 3 0 0 0 0 0 0 Multilateral 3 2 0 0 0 0 0 0 ° 0 0 0 0 0 0 0 Concessional Bilateral Concessional 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ° 0 0 Private creditors 0 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IBRO 0 0 0 0 0 0 0 0 IDA 2 0 0 0 0 0 0 0 INTEREST PAYMENTS (LINT) 4 0 0 0 0 0 0 0 Public and publicly guaranteed 4 0 0 0 0 0 0 0 Official creditors 4 0 0 0 0 0 0 0 Multilateral 4 0 0 0 0 0 0 0 Concessional 4 0 0 0 0 0 0 0 Bilateral 0 0 0 0 0 0 0 0 Concessional 0 0 0 0 0 0 0 0 Pri vale creditors 0 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: IDRO 0 0 0 0 0 0 0 0 IDA 3 0 0 0 0 0 0 0 352 SOMALIA (US$ million, unless otherwise indicated) 1990 1995 2000 200] 2002 2003 2004 2005 Euro 4.4 5.0 5,8 6,2 5.6 Japanese yen 2.4 3.1 3.0 2.6 2.8 3.0 3.1 2.8 Pound sterling 0,2 0.1 0.1 0.1 0.1 0.1 0.2 0.1 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 50.5 50.2 52.0 52.3 51.5 50.8 51.2 51.8 ·1'.1l'f~S;11J.t:i~_GJ·i Total amount rescheduled 0 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 0 of which debt buyback 0 0 0 0 0 0 0 0 Total change in debt stocks 62 -44 126 149 Il -98 Net flows on debt 0 -7 2 9 0 -33 0 -14 -36 -24 59 62 8 -59 ALL CREDITORS Interest (%) 0.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 46.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period (years) 10.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element (%) 81.9 0.0 0.0 0,0 0.0 0.0 0,0 0,0 Official creditors Interest (%) 0.8 0.0 0,0 0,0 0.0 0.0 0,0 0.0 Maturity (years) 46.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period (years) to.3 0,0 0.0 0,0 0.0 0.0 0,0 0.0 Grant element (%) 81.9 0.0 0,0 0.0 0.0 0.0 0,0 0.0 Private creditors Interest (%) 0.0 0.0 0.0 0,0 0.0 0.0 0.0 0.0 Maturity (years) 0.0 0.0 0.0 0.0 0.0 0.0 0,0 0.0 Grace period (years) 0.0 0,0 0.0 0.0 0,0 0.0 0.0 0,0 Grant element (%) 0.0 0.0 0.0 0,0 0,0 0.0 0,0 0.0 ,·~;.~~~cfJ,v~Of~~~$'ONnt('t~'i'~~~~·~Q~~~;~)····;i·,·i "/_=--.-)F' 2006 2007 2008 2009 2010 2011 2012 2013 TOTAL Principal 29 31 31 31 31 31 29 28 Interest 8 8 7 7 6 5 5 4 Official creditors Principal 29 31 31 31 31 31 29 28 Interest 8 8 7 7 6 5 5 4 Bilateral creditors Principal 13 13 13 13 13 12 to 9 Interest 4 4 4 3 3 2 2 2 Multilateral creditors Principal 16 18 18 18 19 19 19 19 Interest 4 4 4 3 3 3 3 3 Private creditors Principal () 0 0 0 0 0 0 0 Interest 0 0 0 0 () 0 () 0 Notes: Data on long-tellli public and publicly guaranteed debt for 2005 are estimates based on the original terms of the loans. Short-term debt data are World Bank staff estimates. 353 SOUTH AFRICA (US$ million, unless otherwise indicated) TOTAL DEBT STOCKS (EDT) 25,358 24,861 24,050 25,041 27,807 28,500 30,632 Long-term debt (LDOD) 14,772 15,308 15,695 17,641 20,448 20.591 20,922 Public and publicly guaranteed 9,837 9,088 7,941 9,427 9,120 9)93 11,662 Private nonguaranteed 4,935 6,220 7,754 8,213 11.328 10,798 9.260 Use of IMF credit 0 913 0 0 0 0 0 0 Sbort-tenn debt 9,673 9,553 8,355 7,400 7,359 7,909 9,710 of which interest arrears on LDOD 0 0 0 0 0 0 0 Official creditors 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 0 0 0 0 0 0 0 Official creditors 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 3,549 3,611 3,603 4,033 5,664 3,108 4,386 Long-term debt 3,549 3.611 3,603 4,033 5,664 3,108 4.386 IMF purchases 0 0 0 0 0 0 0 0 Principal repayments 2,070 2,609 3,172 3,596 2,951 2,490 3,333 Long-term debt 2,070 2,609 3,172 3,596 2,951 2,490 3,333 IMF repurchases 0 0 0 0 0 0 0 0 Net flows on debt 3,412 1,274 -767 -518 2,671 1,169 2,854 of which short-term debt 1,934 272 -1,198 -955 -41 550 1,801 Interest payments (INT) 1,320 1,252 1,183 1,096 1,359 1,336 1,444 Long-term debt 855 743 860 859 1,138 1,086 1,092 IMF charges 0 50 0 0 0 0 0 0 Short-term debt 415 509 322 236 221 250 352 Net transfers on debt 2,092 22 -1,950 -1,614 1,312 -167 1,410 Total debt service paid (TDS) 3,391 3,861 4,355 4,691 4.310 3,825 4,777 Long-term debt 2,925 3.352 4,032 4,455 4:090 3,575 4,425 IMF repurchases and charges 0 50 0 0 0 0 0 0 Short-term debt (interest only) 415 509 322 236 221 250 352 1AqGREQ~1'E~l'.~Q~~~.l'f(JI:'f:~,~~·· NET RESOURCE FLOWS 5,797 6,359 6,950 1,068 4,487 8,333 14,911 Net flow of long-term debt (ex. IMp) 1,478 1,002 431 437 2,712 619 1,053 Foreign direct investment (net) \,248 969 7,270 735 783 701 6,257 Portfolio equity flows 2,914 4,169 -962 -388 685 6,661 7,230 Grants (excluding technical coop.) 156 219 211 284 306 351 370 Memo: technical coop. grants 214 224 221 220 265 239 270 NET TRANSFERS 4,407 3,286 3,208 -2,156 -656 3,285 8,677 Interest on long-term debt 855 743 860 859 1,138 1,086 1,092 Profit remittances on FDI 535 2,329 2,882 2,365 4,004 3,962 5,142 Gross national income (GNI) 148,238 129,704 114,742 108,093 161,559 210,312 234,663 Exports of goods, serv, & inc. (XGS) 35,538 39,507 38,389 38,936 49,855 61,177 71,078 Worker remit. & compo of employees 105 344 297 288 435 523 658 Imports of goods & services (MGS) 37,386 38,771 37.308 37,495 50,762 66,423 7&,208 International reserves (RES) 4,464 7,702 7,627 7,817 8,154 14,886 20.624 Current account balance -2,493 -191 343 884 -1,902 -7,003 -9,142 ';<", ;", · Total change in debt stocks IA03 685 279 113 790 1,092 948 -898 Net flows on debt 169 0 625 145 -2 -108 260 -5 Cross-currency valuation 518 274 -220 -161 573 542 338 -577 ,,·J·fJ.J\~~~ot;.W:~: .. ALL CREDITORS Interest (%) 0.8 0.0 1.7 5.0 2.5 2.8 2.5 2.4 Maturity (years) 49.9 0.0 24.8 16.0 22.9 17.7 19.9 17.2 Grace period (years) 10.4 0.0 4.7 3.4 7.0 4.9 5.8 5.1 Grant element (% ) 83.3 0.0 56,4 28.8 53.7 45.2 46.5 40.7 Official creditors Interest (%) 0.8 0.0 1.7 5.0 2.4 2.8 2.5 3.0 Maturity (years) 49.9 0.0 24.8 16.0 23.9 17.7 19.9 21.3 Grace peri od (years) 10,4 0.0 4.7 3.4 7.0 4.9 5.8 6.0 Grant element (%) 83.3 0.0 56.4 28.8 54.9 45.2 46.5 47.1 Private creditors Interest (%) 0.0 0.0 0.0 0.0 3.0 0.0 0.0 0.0 Maturity (years) 0.0 0.0 0.0 0.0 17.0 0.0 0.0 2.0 Grace period (years) 0.0 0.0 0.0 0.0 7.5 0.0 0.0 2.0 Grant element (%) 0.0 0.0 0.0 0.0 46.9 0.0 0.0 17.4 . 1f).·CQ~jA~t(l~:~~~tt9N:$(),N:·otrrS-T4~~.l<~#~~.~i;[ ;(:>:~?i:': :)~>:'i:,:~ " ~ ~ ~'z ':; ,: , ' ; "",'Ą 2006 2007 2008 2009 2010 2011 2012 2013 TOTAL Principal 329 261 266 264 283 278 261 236 Interest 98 94 91 85 77 68 60 52 Official creditors Principal 329 261 256 253 273 268 250 225 Interest 98 94 88 82 74 66 58 51 Bilateral creditors Principal 236 173 161 155 162 149 134 112 Interest 66 60 54 47 41 35 28 23 Multilateral creditors Principal 93 89 94 99 110 119 116 113 Interest 32 34 35 34 33 32 30 28 Private creditors Principal 0 0 11 11 11 II 11 11 Interest 0 0 3 3 2 2 2 2 Noles: Data on long-telTI! public and publicly guaranteed debt for 2000-2005 are based on reports provided by the country. 371 SWAZILAND (US$ million, unless otherwise indicated) 1995 2000 2001 ··J..~~ll~lITDATA TOTAL DEBT STOCKS (EDT) 298.4 290.5 288.5 284.2 342.1 400.5 470.6 532.1 Long-term debt (LDOD) 293.8 279.2 286.7 283.2 335.8 386.S 410.9 450.5 Public and publicly guaranteed 293.8 279.2 286.7 283.2 33S.8 386.8 410.9 450.S Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Use of IMF credit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short· term debt 4.6 11.3 1.8 1.0 6.3 13.7 59.7 S1.6 of which interest arrears on LDOD 0.1 0.7 0.0 0.0 6.1 13.4 15.7 16.6 Official creditors 0.1 0.7 0.0 0.0 3.0 8.0 11.8 14.1 Private creditors 0.0 0.0 0.0 0.0 3.1 5.4 3.9 2.S Memorandum items Principal arrears on LDOD 0.2 4.0 0.2 0.2 4.0 7.7 4.6 10.3 Official creditors 0.2 3.8 0.2 0.2 4.0 7.7 4.6 10.3 Private creditors 0.0 0.3 0.0 (10 0.0 0.0 0.0 0.0 TOTAL DEBT FLOWS Disbursements 14.1 17.8 15.8 35.7 12.9 9.1 55.6 105.7 Long-term debt 14.1 17.8 IS.8 35.7 12.9 9.1 55.6 IOS.7 IMF purchases 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal repayments 36.0 15.7 14.7 14.1 10.8 13.3 27.9 21.3 Long-term debt 3S.7 15.7 14.7 14.1 10.8 13.3 27.9 21.3 LVlF repurchases 0.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Net flows on debt -38.7 6.4 ·49.S 20.7 1.3 ·4.1 71.4 105.4 of which short -term debt ·16.7 4.3 ·50.9 ·0.8 -0.9 0.1 43.7 21.0 Interest payment~ (INT) 10.5 5.3 18.S 11.3 8.2 13.3 19.7 21.4 Long·term debt 10.0 4.9 16.7 11.2 8.2 13.3 18.9 18.7 IMFcharges 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short·tenn debt 0.4 0.4 2.1 0.1 0.0 0.0 0.8 2.8 Net transfers on debt ·49.1 1.1 ·68.6 9.4 -6.9 -17.4 51.8 84.0 Total debt service paid (TDS) 46.5 20.9 33.5 25.4 18.9 26.6 47.6 42.7 Long·tenn debt 45.7 20.5 31.4 25.4 18.9 26.6 46.8 39.9 IMF repurchases and charges 0.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short-ternl debt (interest only) 0.4 0.4 2.1 n.1 0.0 0.0 0.8 2.8 2. AGGREGATE NE'l' .REl)OIJ'RCE FLOWSANPlSET 1'IW!~ (L()N~.'[.I!:RM} NET RESOURCE I"LOWS 26.3 73.6 103.8 58.4 96.7 -52.8 118.3 86.4 Net flow of long-tenn debt (ex. IMF) -21.6 2.2 1.1 21.6 2.2 ·4.2 27.7 84.4 Foreign direct investment (net) 30.1 51.8 91.4 28.4 88.8 ·60.9 70.6 ·16.2 Portfolio equity flows ·2.2 (j.8 1.4 ·2.5 -2.0 ·0.1 ·0.3 0.3 Grants (excluding technical coop.) 20.1 18.9 9.9 11.0 7.8 12.4 20.3 17.9 Memo: technical coop. grants 27.3 28.1 9.4 9.0 9.1 7.6 4.9 S.4 NET TRA:'IlSFERS -69.1 0.7 ·0.7 6.7 -42.5 -186.1 12.0 -0.8 Interest on long·tenn debt 10.0 4.9 16.7 11.2 8.2 13.3 18.9 18.7 Profit remittances on FDI 85.4 68.0 87.8 40.5 131.0 120.0 87.4 68.S 3 ·. MAJOR Ji;CONOMIC AGGREGATES Gross national income (GNI) 941.1 1445.0 1422.9 1362.2 1189.6 1902.9 2549.3 2755.8 Exports of goods, scrv. & inc. (XGS) 819.6 1182.2 1286.6 1312.9 127S.1 2024.6 2347.4 2243.9 Worker remit. & compo of employees 113.0 83.0 74.0 74.0 62.0 88.0 89.0 81.0 Imports of goods & services (MOS) 870.4 1355.9 1468.6 1404.0 1280.1 1954.7 2355.4 2325.1 International reserves (RES) 216.5 298.2 351.8 271.8 275.8 277.5 323.6 243.9 Cunent account balance SO.7 ·29.7 -74.9 -56.7 57.5 116.2 115.5 4S.9 4. DEBT INDICATORS EDT/XGS (%) 36.4 24.6 22.4 21.6 26.8 19.8 20.0 23.7 EDT I GNI (%) 31.7 20.1 20.3 20.9 28.8 21.0 18.5 19.3 TDS I XGS (%) 5.7 1.8 2.6 1.9 1.5 1.3 2.0 1.9 !NT I XGS (%) 1.3 0.4 I.S 0.9 0.6 0.7 0.8 1.0 !NT I GN} (%) 1.1 0.4 1.3 0.8 0.7 0.7 0.8 0.8 RES I EDT (%) 72.S 102.6 121.9 95.6 80.6 69.3 68.8 45.8 RES I MGS (months) 3.0 2.6 2.9 2.3 2.6 1.7 1.6 1.3 Short-term I EDT (%) l.5 3.9 0.6 0.4 1.8 3.4 12.7 15.3 Concessionall EDT (%) 68.4 747 54.3 54.3 51.7 49.3 36.1 32.6 Multilateral I EDT (%) 38.9 41.4 51.9 55.4 53.4 50.6 S1.2 52.4 372 SWAZILAND (US$ million, unless otherwise indicated) 1995 2000 DEBT OUTSTANDING (LDOD) 293.8 279.2 286.7 283.2 335.8 386.8 410.9 450.5 Public and publicly guaranteed 293.8 279.2 286.7 283.2 335.8 386.8 410.9 450.5 Official creditors 287.0 279.0 266.9 261.0 304.8 346.4 349.6 384.8 Multilateral 116.2 120.3 149.9 157.4 182.6 202.6 240.9 278.7 Concessional 42.7 59.7 59.7 62.4 71.3 75.0 79.6 83.5 Bilateral 170.8 158.7 117.0 103.6 122.2 ]43.8 108.7 106.1 Concessional 161.5 157.4 96.9 91.9 105.7 122.4 90.3 89.7 Private creditors 6.8 0.3 19.8 22.1 3Ll 40.4 61.3 65.7 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 19.8 22.1 31.1 40.4 61.3 65.7 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: lBRD 36.9 19.2 9.0 9.0 9.1 14.8 23.7 23.6 IDA 6.8 5.9 4.7 4.4 4.2 3.9 3.7 3.4 Public sector LDOD 293.8 279.2 286.7 283.2 335.8 386.8 410.9 450.5 Private sector LDOD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 DISBURSEMENTS 14.1 17.8 15.8 35.7 12.9 9.1 55.6 105.7 Public and publicly guaranteed 14.1 17.8 15.8 35.7 12.9 9.1 55.6 105.7 Official creditors 14.1 17.8 15.8 21.7 12.9 9.1 43.7 94.6 Multilateral 8.2 7.2 15.8 18.4 9.7 9.1 38.2 76.3 Concessional 2.6 2.7 2.3 6.4 6.4 0.5 5.2 11.5 Bilateral 5.9 10.7 0.0 3.3 3.2 0.0 5.5 18.3 Concessional 5.9 10.7 0.0 3.3 3.2 0.0 5.5 18.3 Private creditors 0.0 0.0 0.0 14.0 0.0 0.0 11.9 11.1 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 14.0 0.0 0.0 11.9 ILl Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: lBRD 1.0 0.0 0.7 1.0 1.0 6.8 10.2 1.5 IDA 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 PRINCIPAL REPAYMENTS 35.7 15.7 14.7 14.1 10.8 13.3 27.9 21.3 Public and publicly guaranteed 35.7 15.7 14.7 14.1 10.8 13.3 27.9 21.3 Official creditors 33.7 15.4 14.7 14.1 10.8 13.3 27.9 21.3 Multilateral 26.8 8.2 8.1 8.9 7.5 9.7 13.1 12.7 Concessional 1.1 1.4 2.4 1.9 1.6 1.8 3.0 2.5 Bilateral 6.9 7.2 6.6 5.2 3.2 3.6 14.8 8.5 Concessional 4.2 6.2 5.9 4.1 3.2 3.6 8.8 8.5 Private creditors 1.9 0.3 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: lBRD 20.4 3.5 0.9 1.0 0.9 1.0 1.4 1.5 IDA 0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.3 INTEREST PAYMENTS (LINT) 10.0 4.9 16.7 11.2 8.2 13.3 18.9 18.7 Public and publicly guaranteed 10.0 4.9 16.7 11.2 8.2 13.3 18.9 18.7 Official creditors 9.2 4.8 10.8 8.7 7.2 9.2 12.3 11.9 Multilateral 6.5 3.1 5.2 5.4 6.8 8.6 9.4 10.3 Concessional 0.5 0.4 0.5 0.5 0.6 0.7 1.4 1.3 Bilateral 2.7 1.7 5.7 3.3 0.4 0.7 2.9 1.6 Concessional 1.5 1.5 1.5 0.7 0.4 0.7 1.6 1.6 Pri vale creditors 0.8 0.1 5.9 2.5 1.0 4.1 6.6 6.7 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 5.9 2.5 1.0 4.1 6.6 6.7 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: lBRD 3.6 1.2 0.8 0.7 0.7 0.6 0.7 1.0 IDA 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 373 SWAZILAND (US$ million, unless otherwise indicated) 1990 /995 2000 2001 2002 2003 Euro 30.3 30.0 31.6 22.1 23.0 Japanese yen 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Pound sterling 8.8 3.9 0.9 0.7 0.4 0.4 0.2 0.1 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 9.7 7.0 9.5 11.3 11.0 10.8 13.0 12.4 Total amount rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt stock rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal rescheduled 0.0 0.0 0.0 n.o n.o 0.0 n.o 0.0 Official 0.0 0.0 0.0 0.0 o.n o.n 0.0 0.0 Private n.n n.n o.n o.n o.n n.n n.o 0.0 Interest rescheduled 0.0 n.o 0.0 0.0 0.0 0.0 n.o 0.0 Official n.o 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt forgiven 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: interest forgiven 0.0 0.0 n.n o.n n.n n.n 0.0 0.0 Debt stock reduction 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which debt 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Total change in debt stocks -10.5 18.8 -72.4 -4.3 57.9 58.4 70.1 61.5 Net flows on debt -38.7 6.4 -49.8 20.7 1.3 -4.1 71.4 105.4 19.3 10.9 -17.2 -17.3 31.5 28.1 23.2 -25.6 ALL CREDITORS Interest (%) 0.0 7.1 3.0 6.7 0.0 4.4 14.0 0.0 Maturity (years) 0.0 19.5 40.2 23.8 0.0 20.3 19.8 0.0 Grace period (years) 0.0 5.0 27.2 8.0 0.0 5.0 4.4 0.0 Grant element (%) 0.0 18.1 66.3 26.6 n.o 36.8 -28.4 0.0 Official creditors Interest (%) 0.0 7.1 3.0 4.3 0.0 2.8 14.0 0.0 Maturity (years) 0.0 19.5 40.2 26.7 0.0 20.4 19.8 0.0 Grace period (years) 0.0 5.0 27.2 8.8 0.0 5.3 4.4 0.0 Grant element (%) 0.0 18.1 66.3 43.2 0.0 47.8 -28.4 0.0 Private creditors Interest (%) 0.0 0.0 0.0 15.0 0.0 13.4 0.0 0.0 Maturity (years) 0.0 0.0 0.0 13.9 0.0 19.5 0.0 0.0 Grace period 0.0 0.0 0.0 5.0 0.0 3.8 0.0 0.0 Grant element 0.0 0.0 0.0 -31.1 0.0 -24.1 0.0 0.0 2006 2007 2008 2009 2010 TOTAL Principal 25.3 33.2 37.8 39.7 38.5 40.4 38.8 37.5 Interest 31.8 33.7 33.9 32.6 30.5 28.0 25.4 22.8 Official creditors Principal 24.0 28.9 33.6 35.4 34.2 36.1 34.5 33.2 Interest 21.3 23.3 24.0 23.3 21.7 19.8 17.9 15.8 Bilateral creditors Principal 9.4 9.9 8.1 6.5 5.4 7.3 6.2 6.2 Interest 4.2 4.2 4.2 4.0 3.9 3.6 3.3 3.0 Multilateral creditors Principal 14.6 19.0 25.5 28.9 28.7 28.8 28.3 27.0 Interest 17.2 19.0 19.8 19.2 17.8 16.2 14.5 12.8 Private creditors Principal 1.3 4.3 4.3 4.3 4.3 4.3 4.3 4.3 Interest 10.5 10.4 10.0 9.4 8.8 8.2 7.5 6.9 Notes: 374 SYRIAN ARAB REPUBLIC (US$ million. unless otherwise indicated) 2000 TOTAL DEBT STOCKS (EDT) 17,259 21,415 21,657 20,741 19,966 19,266 18,981 6,508 Long·term debt (LDOD) 15,108 16,853 15,930 15,809 15,849 15,848 15,742 5,640 Public and publicly guaranteed 15.108 16,853 15,930 15,809 15,849 15,848 15,742 5,640 Private nonguaranteed 0 0 0 0 0 0 0 0 Use of IMF credit 0 0 0 0 0 0 Short-term debt of which interest arrears on LDOD 2,151 460 4,562 1,633 ° 5,727 2,407 ° 4,932 2,532 4,117 2,617 3,418 2,718 3,238 2.778 868 527 Official creditors 407 1,502 2,267 2,393 2,473 2.566 2,623 380 Pri vate creditors 53 131 140 139 145 152 155 147 Memorandum item~ Principal arrears on LDOD 864 5,654 9,820 10,583 11,455 12,289 13,071 4,617 Official creditors 580 4,831 8.775 9,540 10,385 11.l89 11,953 3,561 Private creditors 284 823 1,046 1,043 1,071 1,100 1,118 1,055 TOTAL DEBT FLOWS Disbursements 186 242 18 0 0 0 0 Long-term debt lMF purchases 186 0 242 0 18 () 0 0 ° () 0 0 0 0 0 0 0 Principal repayments 1,066 70 121 102 110 165 164 144 Long-tenn debt 1,066 70 121 102 110 165 164 144 IMF repurchases 0 0 0 0 0 0 0 0 Net flows on debt -672 483 -708 -1,021 ·1,009 -965 ·404 ·263 of which short-term debt 208 311 -605 -920 -900 -800 -240 -119 Interest payments (!NT) 123 199 222 179 109 95 71 61 Long-term debt 41 60 102 64 49 55 49 42 IMFcharges 0 0 0 0 0 0 0 0 Short-Ieml debt 82 139 120 115 60 40 22 19 Net transfers on debt -795 284 ·930 -1,200 -1,118 ·1,060 ·475 ·324 Total debt service paid (TDS) 1,189 269 343 280 218 260 235 205 Long-term debt 1,107 130 223 165 158 220 213 186 IMF repurchases and charges 0 0 0 0 0 0 0 0 Short-teml debt (interest only) 82 139 120 115 60 40 22 19 NET RESOURCE FLOWS -188 342 226 74 78 78 208 373 Net flow of long-term debt (ex. IMF) -880 172 -103 -101 -109 -165 -164 -144 Foreign direct investment (net) 71 100 270 110 115 160 275 427 Portfolio equity flows 0 0 0 0 0 0 0 0 Grants (excluding technical coop.) 621 70 59 66 73 83 97 89 Memo: technical coop. grants 31 82 42 43 46 59 67 77 NET TRANSFERS -229 282 124 10 30 24 -772 ·758 Interest on long-term debt 41 60 102 64 49 55 49 42 Profit remittances on FDI 0 0 0 0 0 0 931 1,088 Gross national income (GNI) 11,955 1[,591 17,589 19,518 20,278 21,400 24,217 25,468 Exports of goods, servo & inc. (XGS) 5,460 6,201 7,190 7,866 8,477 8.118 9,101 10,927 Worker remit. & compo of employees 385 339 180 170 135 889 855 823 Imports of goods & services (MGS) 3,786 6,545 6.614 7,138 7,516 7,375 9,714 1l,976 International reserves (RES) Current account balance 1,762 263 1,061 1,221 1.440 752 -624 -1,061 EDT/XGS ('Yo) 316.1 345.3 301.2 263.7 235.5 237.3 208.5 59.6 EDT/GNI('Yo) 144.4 184.8 123.1 106.3 98.5 90.0 78.4 25.6 TDS/XGS (%) 21.8 4.3 4.8 3.6 2.6 3.2 2.6 1.9 lNT I XGS ('Yo) 2.3 3.2 3.1 2.3 1.3 1.2 0.8 0.6 lNT I GNI(%) 1.0 1.7 1.3 0.9 0.5 0.4 0.3 0.2 RES/EDT(%) RES I MGS (months) Short-term I EDT (%) 12.5 21.3 26.4 23.8 20.6 17.7 17.1 13.3 Concessional I EDT (%) 76.1 70.4 68.4 70.9 73.8 76.4 76.9 70.2 Multilateral I EDT (%) 5.2 5.0 2.7 2.7 2.6 2.5 2.2 5.8 375 SYRIAN ARAB REPUBLIC (US$ million, unless otherwise indicated) 2002 2003 2004 2005 DEBT OlJTSTANDING (LDOD) 15,108 16,853 15,930 15,809 15,849 15,848 15,742 5,640 Public and publicly guaranteed 15,108 16,853 15,930 15,809 15,849 15,848 15,742 5,640 Official creditors 13,830 15,646 14,862 14,751 14,766 14,739 14,620 4,583 Multilateral 901 1,077 575 557 518 475 424 381 Concessional 205 517 528 521 489 455 412 369 Bilateral 12,930 14,569 14,287 14,194 14.248 14.264 14.196 4,203 Concessional 12,929 14.567 14,286 14,193 14,246 14,262 14,193 4,201 Private creditors 1,277 1,207 1,068 1,058 1,082 1,109 1,122 1,057 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRD 479 428 25 15 II 4 0 0 IDA 44 44 30 28 27 25 24 22 Public sector LDOD 15,107 16,853 15,929 15,809 15,848 15,847 15.742 5,640 Private sector LDOD 0 0 0 0 0 0 0 0 DISBURSEMENTS 186 242 18 0 0 0 0 0 Public and publicly guaranteed 186 242 18 0 0 0 0 0 Official creditors 157 242 18 0 0 0 0 0 Multilateral 29 123 12 0 0 0 0 0 Concessional 8 122 12 0 0 0 0 0 Bilateral 128 118 6 0 0 0 0 0 Concessional 128 ll8 6 0 0 0 0 0 Private creditors 28 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nongnaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRD 0 0 0 0 0 0 0 0 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 1,066 70 121 102 110 165 164 144 Public and publicly guaranteed 1,066 70 121 102 110 165 164 144 Official creditors 1,029 64 117 100 108 161 160 141 Multilateral 24 48 70 53 57 56 53 42 Concessional 8 17 44 41 46 44 45 42 Bilateral 1,005 16 48 47 51 105 106 98 Concessional 1,005 16 48 47 51 105 106 98 Pri vale creditors 37 5 4 1 I 4 4 3 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRD I 13 14 8 6 8 4 0 IDA 2 0 I I 1 1 INTEREST PAThIENTS (LINT) 41 60 102 64 49 55 49 42 Public and publicly gnaranteed 41 60 102 64 49 55 49 42 Official creditors 32 58 102 64 48 54 49 42 Multilateral 14 38 82 45 31 21 18 16 Concessional 5 20 23 21 21 20 18 16 Bilateral 18 20 20 18 17 34 31 26 Concessional 18 20 20 18 17 34 31 26 Private creditors 9 2 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nongnaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRD 12 57 23 9 1 0 0 IDA 0 0 0 0 0 0 0 376 SYRIAN ARAB REPUBLIC rUSs million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 Euro 2.2 2.6 3.0 3.0 7.0 Japanese yen 1.8 3.5 3.1 2.7 2.9 3.0 2.9 6.6 Pound sterling 0.6 1.0 0.6 0.6 0.7 0.7 0.8 1.9 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 86.2 81.9 86.1 86.7 86.5 86.4 86.9 68.7 Total amount rescheduled 0 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 9,832 of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 768 -712 -917 -775 -700 -285 -12,472 Net flows on debt 483 -708 -1,021 -1,009 -965 -404 -263 57 -112 -98 149 167 60 -128 ALL CREDITORS Interest (%) 3.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 22.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period (years) 6.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element (%) 43.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Official creditors Interest (%) 3.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 23.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period (years) 6.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element (%) 43.9 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private creditors Interest (%) 3.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 12.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period 3.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element 36.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2006 2007 2008 2009 2010 TOTAL Principal 130 123 114 lOS 106 101 90 77 Interest 36 32 27 23 18 14 10 7 Official creditors Principal 129 123 114 lOS 106 lOO 90 77 Interest 36 32 27 23 18 14 10 7 Bilateral creditors Principal 91 87 78 72 70 66 56 48 Interest 23 19 16 14 11 8 6 4 Multilateral creditors Principal 38 36 36 36 36 34 34 29 Interest 14 12 11 9 7 6 4 3 Private creditors Principal I 0 0 0 0 0 0 0 Interest 0 0 0 0 0 0 0 0 Notes: Data on long-term public and publicly guaranteed debt for 2005 are estimates based on the original terms of the loans and include only civilian debt. Data on noncivilian debt, which are substantial and owed mainly to Eastern European countries, are estimates using creditor source information. Data on civilian debt do not reflect bilateral debt arrangements that have been agreed in recent years. Short-term debt data are World Bank staff estimates. 377 TAJIKISTAN (US$ million, unless otherwise indicated) 1995 2000 2005 L~YDEB1·11Al'A TOTAL DEBT STOCKS (EDT) 634 1,034 1,058 1,142 1,152 910 1,022 Long.term debt (LDOD) 590 846 869 988 971 787 811 Public and publicly guaranteed 590 755 762 901 912 758 785 Private nonguaranteed 0 91 107 87 59 29 26 lise of IMF credit 0 111 110 94 100 122 127 Short·term debt 43 77 79 60 81 0 84 of which interest arrears on LDOD 43 45 27 9 2 0 2 Official creditors 37 23 27 3 0 {) 2 Private creditors 6 22 0 6 2 0 0 Memorandum items Principal arrears on LDOD 142 121 77 87 28 17 36 Official creditors 120 70 77 58 24 13 30 Pri vate creditors 22 51 0 30 4 4 6 TOTAL DEBT FLOWS Disbursements 28 62 115 34 69 130 144 Long-term debt 28 37 100 24 58 101 ) 15 IMF purchases 0 25 IS 10 II 29 29 Principal repayments 0 37 58 79 66 74 66 Long-terrn debt 0 28 46 45 51 62 52 IMF repurchases 0 to 12 34 15 12 14 Net flows on debt 28 -4 77 -46 31 -23 160 of which short -term debt () -29 20 -I 28 -79 82 Interest payments (lNT) 0 25 23 17 16 23 13 Long-tenn debt () 21 2() 15 15 22 II IMFcharges () 2 J I () I 1 Short-tenn debt 0 2 2 I I I I Net transfers on debt 28 ·30 54 -63 15 -46 148 Total debt service paid (TDS) 63 81 96 82 98 79 Long-terrn debt IMF repurchases and charges ° 0 0 49 12 66 13 60 35 66 16 84 13 63 15 Short-term debt (interest only) 0 2 2 I I 1 REsOOJt~EFLOWS AND NET 1'RANSJi1tR$tt9NG~1'EIWl NET RESOURCE FLOWS 92 82 153 120 118 393 222 Net flow of long-terrn debt (ex. IMF) 28 9 54 -21 7 39 63 Foreign direct investment (net) to 24 9 36 32 272 54 Portfolio equity flows 0 () 0 2 0 () 0 Grants (excluding technical coop.) 54 50 89 104 78 82 104 Memo: technical coop. grants 12 14 19 52 38 51 57 NET TRANSFERS 92 61 133 105 102 370 209 Interest on long-term debt 0 21 20 15 15 22 11 Profit remittances on FDI () 0 0 0 I 1 2 3. MAJOR ECONOMIC AGGREGATES Gross national income (GNI) 1,193 944 1,032 1,181 1,464 1,998 2,223 Exports of goods, serv. & inc. (XGS) 848 1,142 1,474 1,729 Worker remit. & COlnp. of employees 0 0 0 79 146 252 466 Imports of goods & services (MOS) 970 1,218 1,504 1,733 International reserves (RES) 94 94 90 118 172 189 Current account balance -15 -5 -57 -19 ... DEBT INDICATORS EDT/XGS (%) 134.7 100.9 61.7 59.1 EDT/GNI(%) 53.1 109.5 102.6 96.7 78.7 45.5 46.0 TDS/XGS (%) 11.3 7.2 6.6 4.5 INT I XGS (%) 2.0 1.4 1.6 0.7 INT I GNI (%) 2.7 2.2 1.4 1.1 1.2 0.6 RES I EDT (%) 9.1 8.9 7.8 10.2 18.9 18.5 RES I MGS (months) 1.1 1.2 1.4 1.3 Short-term I EDT (%) 6.8 7.5 7.5 5.3 7.0 0.0 8.2 ConcessionaI I EDT (%) 3.3 65.3 70.6 68.7 74.9 79.4 73.3 Multilateral I EDT (%) 0.0 18.0 25.0 26.8 33.7 54.5 50.8 378 TAJIKISTAN (US$ million, unless otherwise indicated) 1990 1995 2000 2001 >~:~N{j.~J)E;<~~:;·· DEBT OUTSTANDING (LDOD) 590 846 869 988 971 787 811 Public and publicly guaranteed 590 755 762 901 912 758 785 Official creditors 522 704 762 851 901 747 775 Multilateral 0 186 264 306 388 496 519 Concessional 0 185 263 303 372 480 502 Bilateral 522 518 497 545 513 252 256 Concessional 21 490 485 481 490 242 247 Private creditors 68 51 0 50 10 11 11 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 68 51 0 39 0 0 0 Private nonguaranteed 0 91 107 87 59 29 26 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 91 107 87 59 29 26 Memo: IBRD 0 0 0 0 0 0 0 IDA 0 143 172 195 228 296 308 Public sector LDOD 590 755 762 894 905 751 779 Private sector LDOD 0 91 107 94 66 36 32 DISBURSEMENTS 28 37 100 24 58 101 115 Public and publicly guaranteed 28 36 52 24 58 98 113 Official creditors 28 36 52 24 58 98 113 Multilateral 0 36 41 24 51 88 76 Concessional 0 35 39 24 37 86 72 Bilateral 28 0 11 0 8 9 36 Concessional 1 0 1 0 8 9 36 Private creditors 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 Private nonguaranteed 0 1 48 0 0 4 3 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 1 48 0 0 4 3 Memo: IBRD 0 0 0 0 0 0 0 IDA 0 23 35 10 13 55 35 PRINCIPAL REPAYMENTS 0 28 46 4S 51 62 S2 Public and publicly guaranteed 0 15 15 24 27 36 47 Official creditors 0 15 15 24 11 35 47 Multilateral 0 0 8 8 2 2 14 Concessional 0 0 7 8 2 0 11 Bilateral 0 15 8 17 9 34 32 Concessional 0 15 8 17 3 32 32 Pri vate creditors 0 0 0 0 16 1 0 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 15 0 0 Private nonguaranteed 0 12 31 20 24 26 5 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 12 31 20 24 26 5 Memo: IBRD 0 0 0 0 0 0 0 IDA 0 0 0 0 0 0 0 INTEREST PAYMENTS (LINT) 0 21 20 15 15 22 11 Public and publicly guaranteed 0 7 17 10 11 20 9 Official creditors 0 4 6 7 10 20 9 Multilateral 0 I 3 4 4 5 6 Concessional 0 I 3 4 4 4 5 Bilateral 0 3 2 3 7 15 3 Concessional 0 3 1 3 4 15 3 Private creditors 0 4 11 3 1 0 0 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 4 II 2 0 0 0 Private nonguaranteed 0 14 3 5 4 2 1 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 14 3 5 4 2 1 Memo: IBRD 0 0 0 0 0 0 0 IDA 0 1 I 1 2 2 2 379 TAJIKISTAN (US$ million, unless othenvise indicated) 1990 1995 2000 2001 2002 2003 Euro 6.0 6.0 7.0 9.0 6.4 Japanese yen 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 97.0 97.9 91.8 91.4 89.5 85.0 85.6 Total amount rescheduled 0 0 67 0 3 0 0 Debt stock rescheduled 0 0 62 0 4 0 0 Principal rescheduled 0 0 56 0 0 0 0 Official 0 0 13 0 0 0 0 Private 0 0 43 0 0 0 0 Interest rescheduled 0 0 11 0 0 0 0 Official 0 0 0 0 0 0 0 Private 0 0 II 0 0 0 0 Debt forgiven 0 2 18 0 0 13 0 Memo: interest forgiven 0 0 2 0 0 0 0 Debt stock reduction 0 0 0 0 0 242 0 of which debt buyback 0 0 0 0 0 0 0 Total change in debt stocks -241 25 83 10 -242 113 Net flows on debt -4 77 -46 31 -23 160 -12 -12 34 44 26 -50 ALL CREDITORS Interest (%) 0.0 3.8 1.5 Ll 1.5 1.5 0.7 Maturity (years) 0.0 26.4 30.6 34.2 26.4 29.6 29.5 Grace period (years) 0.0 6.7 8.0 9.0 6.8 6.8 7.8 Grant element (% ) 0.0 48.0 67.4 73.5 62.0 65.9 72.7 Official creditors Interest (%) 0.0 3.8 1.5 LI 1.5 1.5 0.7 Maturity (years) 0.0 26.4 30.6 34.2 26.4 29.6 29.5 Grace period (years) 0.0 6.7 8.0 9.0 6.8 6.8 7.8 Grant element (%) 0.0 48.0 67.4 73.5 62.0 65.9 72.7 Private creditors Interest (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2006 2007 2008 2009 2010 TOTAL Principal 54 58 64 66 66 62 48 50 Interest 15 15 14 13 12 II 10 9 Official creditors Principal 49 53 56 61 63 60 46 48 Interest 13 14 13 12 12 11 10 9 Bilateral creditors Principal 45 46 46 47 47 42 13 13 Interest 6 6 6 5 4 3 3 2 Multilateral creditors Principal 4 6 10 14 16 18 33 35 Interest 7 7 7 7 8 7 7 7 Private creditors Principal 4 5 8 5 3 2 1 1 Interest 1 1 I 0 0 0 0 Notes: Private nonguaranteed debt data are World Bank staff estimates. Rescheduling: In 1993, $18 million of technical credits were rescheduled with Kazakhstan. In 1996, USS505.8 million were rescheduled with bilateral creditors. A debt for asset swap was signed in October 2004 by Tajikistan and Russia involving US$242 million of Tajikistan's debt. 380 TANZANIA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 1.~y:gEBT:gAT,f\ TOTAL DEBT STOCKS (EDT) 6,454 7,421 6,931 6,245 6,840 6,990 7,805 7,763 Long-term debt (LDOD) 5,794 6,261 5,760 5,300 5,739 5,738 6,238 6,192 Public and publicly guaranteed 5,782 6,217 5,732 5,276 5,720 5,722 6,226 6,183 Private nonguaranteed 12 44 28 24 20 16 12 9 Use of IMF credit 140 197 324 341 400 437 423 342 Short-term debt 520 963 848 604 702 814 1,144 1,229 of which interest arrears on LDOD 404 904 645 484 541 657 815 802 Official creditors 280 734 471 455 505 610 756 744 Private creditors 124 170 174 29 36 47 59 59 Memorandum items Principal arrears on LDOD 824 1,508 705 573 628 682 721 717 Official creditors 628 1,220 542 507 571 621 657 652 Private creditors 196 288 164 66 58 61 63 65 TOTAL DEBT FLOWS Disbursements 325 262 261 225 240 501 426 447 Long-term debt 296 262 208 175 188 476 418 439 lMF purchases 29 0 53 51 52 25 8 8 Principal repayments 118 146 108 105 66 51 67 78 Long-term debt 89 127 98 103 61 44 42 32 lMF repurchases 28 19 10 2 5 7 25 46 Net flows on debt 223 94 197 39 215 445 532 467 of which short-term debt 16 -22 44 -82 41 -4 172 98 Interest payments (INT) 62 86 64 48 43 40 52 49 Long-term debt 47 82 52 39 35 33 43 39 lMF charges 6 1 2 2 2 2 2 I Short -term debt 9 4 10 6 6 5 7 9 Net transfers on debt 162 8 134 -9 172 405 479 418 Total debt service paid (TDS) 179 232 171 153 108 91 119 127 Long-term debt 136 208 150 142 96 77 85 70 lMF repurchases and charges 34 21 12 4 7 9 27 48 Short-term debt (interest only) 9 4 10 6 6 5 7 9 2.AGGREGATENE1; :)ij:sQt1R:CE FLOWS,f\ND NET 'l'KANSFERS(LONG~'l'l!1RM) NET RESOURCE FLOWS 884 706 1,304 1,477 1,433 1,925 2,115 1,773 Net flow of long-term debt (ex. lMF) 207 135 111 72 127 432 376 407 Foreign direct investment (net) 0 120 463 467 430 527 470 473 Portfolio equity flows 0 0 0 8 2 3 2 3 Grants (excluding technical coop.) 677 451 730 930 874 963 1,267 889 Memo: technical coop. grants 208 265 150 152 178 158 180 196 NET TRANSFERS 837 623 1,238 1,342 1,274 1,763 1,928 1,588 Interest on long -term debt 47 82 52 39 35 33 43 39 Profit remittances on FDI 0 2 13 96 124 129 145 146 .~·MA.J()R Eq}N()MlCAOO.GAT~ Gross national income (GNI) 4,072 5,131 8,959 9,356 9,708 10,258 11,243 12,061 Exports of goods, servo & inc. (XGS) 544 1,297 1,341 1,827 1,973 2,253 2,676 2,977 Worker remit. & compo of employees 0 1 8 15 12 9 II 16 Imports of goods & services (MGS) 1,665 2,281 2,230 2,454 2,362 2,909 3,565 4,109 International reserves (RES) 193 270 974 1,157 1,529 2,038 2,296 2,049 Current account balance -559 -590 -499 -237 22 -111 -246 -536 4. nEBT 'fNDICA'r()RS EDT/XGS (%) 1,185.8 572.2 516.9 341.9 346.8 310.2 291.7 260.8 EDT /GNI(%) 158.5 144.6 77.4 66.8 70.5 68.1 69.4 64.4 TDS /XGS (%) 32.9 17.9 12.8 8.4 5.5 4.1 4.5 4.3 INT /XGS (%) 11.3 6.6 4.7 2.6 2.2 1.8 2.0 1.7 INT /GNI(%) 1.5 1.7 0.7 0.5 0.4 0.4 0.5 0.4 RES / EDT (%) 3.0 3.6 14.1 18.5 22.4 29.2 29.4 26.4 RES / MGS (months) 1.4 1.4 5.2 5.7 7.8 8.4 7.7 6.0 Short-term / EDT (%) 8.1 13.0 12.2 9.7 10.3 11.7 14.7 15.8 Concessional/ EDT (%) 53.5 60.0 72.2 76.2 76.3 76.7 75.0 75.0 Multilateral/EDT (%) 30.6 37.6 47.1 51.8 52.2 61.0 61.2 61.8 381 TANZANIA (US$ million, unless otherwise indicated) 1990 1995 2000 is.:t:.QN~T~'])ŁB1 DEBT OUTSTANDING (LDOD) 5,794 6,261 5,760 5,300 5,739 5,738 6,238 6,192 Public and publicly guaranteed 5,782 6,217 5,732 5,276 5,720 5,722 6,226 6,183 Official creditors 5,295 5,796 5,526 5,188 5,646 5,630 6,133 6,086 Multilateral 1,976 2,791 3,267 3,233 3,570 4,263 4,778 4,798 Concessional 1,619 2,603 3,209 3,198 3,542 4,238 4,749 4,774 Bilateral 3,320 3,005 2,259 1,955 2,076 1,367 1,355 1,288 Concessional 1,832 1,848 1,797 1,559 1,677 1,119 1,106 1,046 Pri vate creditors 487 421 206 88 73 92 93 97 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 83 73 80 17 17 38 39 38 Private nonguaranteed 12 44 28 24 20 16 12 9 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 12 44 28 24 20 16 12 9 Memo: mRD 243 87 11 8 6 3 0 0 IDA 1,250 2,182 2,593 2,588 2,869 3,474 3,916 3,861 Public sector LDOD 5,725 6,119 5,679 5,240 5,691 5,721 6,226 6,183 Private sector LDOD 70 141 80 60 48 17 12 9 DISBURSEMENTS 296 262 208 175 188 476 418 439 Public and publicly guaranteed 296 261 208 175 188 476 418 439 Official creditors 279 220 203 174 188 456 418 433 Multilateral 200 187 185 147 188 452 418 427 Concessional 187 173 185 145 188 452 406 424 Bilateral 80 33 18 26 0 4 0 6 Concessional 50 28 18 26 0 4 0 6 Pri vate creditors 17 40 5 1 0 20 0 6 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 4 5 5 0 0 20 0 0 Private nonguaranteed 0 1 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 I 0 0 0 0 0 0 Memo: mRD 0 0 0 0 0 0 0 0 IDA 186 160 142 119 148 397 343 275 PRINCIPAL REPAYMENTS 89 127 98 103 61 44 42 32 Public and publicly guaranteed 89 122 94 98 57 41 38 28 Official creditors 77 100 77 80 39 40 38 28 Multilateral 45 78 29 44 22 21 28 27 Concessional 13 23 18 29 14 14 20 24 Bilateral 33 21 47 37 17 19 10 2 Concessional 24 14 34 20 8 15 10 2 Private creditors 12 22 17 18 18 1 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 7 I 0 0 0 Private nonguaranteed 0 5 4 4 4 3 4 3 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 5 4 4 4 3 4 3 Memo: mRD 26 34 4 3 2 3 3 0 IDA 6 12 9 19 5 9 13 15 INTEREST PAYMENTS (LINT) 47 82 52 39 35 33 43 39 Public and publicly guaranteed 47 80 51 39 35 32 42 38 Official creditors 44 77 49 38 34 32 42 38 Multilateral 27 56 23 24 23 26 36 38 Concessional 9 18 19 17 22 26 34 37 Bilateral 17 20 26 13 11 6 6 0 Concessional 11 II 17 11 4 5 6 0 Private creditors 3 3 2 I I 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 1 1 1 1 1 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 I 1 1 1 1 0 0 Memo: mRD 17 8 1 1 1 0 0 0 IDA 8 16 15 16 17 20 28 30 382 TANZANIA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2005 Euro 5.9 5.9 1.9 1.9 1.7 Japanese yen 8.5 10.9 8.3 7.8 7.8 8.8 8.2 7.3 Pound sterling 11.7 10.2 9.2 9.1 8.5 6.0 5.3 5.0 Swiss franc 0.6 0.1 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 35.7 39.0 50.3 50.7 52.3 56.2 56.5 53.8 Total amount rescheduled 183 0 342 32 76 38 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 59 0 243 15 13 4 0 0 Official 35 0 237 13 13 4 0 0 Private 24 0 7 I 0 0 0 0 Interest rescheduled 96 0 88 7 4 0 0 0 Official 91 0 88 7 4 0 0 0 Private 5 0 0 0 0 0 0 0 Debt forgiven 102 140 381 214 87 131 62 S6 Memo: interest forgiven 10 0 189 182 20 3 3 3 Debt stock reduction 0 0 3 69 0 617 I 0 of which debt 0 0 0 7 0 0 0 0 Total change in debt stocks 601 175 -724 -686 595 149 815 -41 Net flows on debt 223 94 197 39 215 445 532 467 118 -136 -286 -210 311 402 148 -414 ALL CREDITORS Interest (%) 1.1 1.7 0.9 0.7 0.6 0.9 0.8 O.S Maturi ty (years) 34.9 17.0 3S.2 40.9 37.4 38.6 42.1 41.2 Grace period (years) 9.3 5.8 9.8 10.0 9.5 9.6 10.2 10.3 Grant element (%) 72.5 47.7 78.2 SO.2 78.0 77.9 81.2 81.0 Official creditors Interest (%) 1.1 1.7 0.8 0.7 0.6 0.8 0.8 0.8 Maturity (years) 35.3 22.3 39.0 40.9 37.4 39.1 42.1 41.2 Grace peri od (years) 9.4 7.4 10.1 10.0 9.5 9.7 10.2 10.3 Grant element (%) 72.9 60.5 79.6 80.2 78.2 78.8 81.2 81.0 Private creditors Interest (%) 2.5 1.9 2.5 0.0 6.0 3.0 0.0 0.0 Maturity (years) 13.3 3.7 23.8 0.0 3.3 26.8 0.0 0.0 Grace period (years) 6.8 1.6 4.3 0.0 1.0 9.3 0.0 0.0 Grant element (%) 47.7 15.4 51.7 0.0 6.9 55.2 0.0 0.0 2006 2007 2008 2009 2010 2011 TOTAL Principal 143 149 ISS 153 156 164 176 177 Interest 65 65 64 63 62 61 59 58 Official creditors Principal 130 137 143 ISO 154 163 175 175 Interest 64 64 63 62 61 60 59 57 Bilateral creditors Principal 43 43 42 41 32 26 26 18 Interest 23 22 21 21 20 19 19 18 Multilateral creditors Principal 87 94 101 109 122 137 149 157 Interest 41 42 42 42 41 41 40 39 Private creditors Principal 12 12 11 3 2 2 Interest 2 1 1 1 1 I Notes: Data on long-term public and publicly guaranteed debt, and private nonguaranteed debt for 2005 are World Bank staff estimates. 383 THAILAND (US$ million, unless othenvise indicated) 2000 2003 2004 2005 TOTAL DEBT STOCKS (EDT) 28,094 100,039 79,710 67,181 59,371 51,783 51,232 52,266 Long-tenn debt (LDOD) 19,771 55,944 61,768 52,277 47,061 40,827 39,744 36,252 Public and publicly guaranteed 12,460 16,826 29,453 26,208 22,524 17,702 15,248 ]3,483 Private nonguaranteed 7,311 39,117 32.316 26,069 24,537 23,125 24,496 22,769 Use of IMF credit 1 0 3,062 1,681 391 0 0 0 Short-tenn debt 8,322 44,095 14,880 13,223 11,919 10,956 11,488 16,014 of which interest arrears on LDOD 0 0 0 0 0 0 0 0 Official creditors 0 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 0 0 0 0 0 0 0 0 Official creditors 0 0 0 0 0 0 0 0 Pri vate creditors 0 0 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 4,569 10,715 4,021 8,649 8,523 6,463 8,786 15,820 Long-term debt 4,569 10,715 4,021 8,649 8,523 6.463 8,786 15,820 IMF purchases 0 0 0 0 0 0 0 0 Principal repayments 3,264 4,398 9,142 17,009 17,171 12,962 10,797 17,879 Long-term debt 2,983 4,398 8,945 15,720 15,811 12,559 10,797 17,879 IMF repurchases 281 0 198 1,289 1,360 402 0 0 Net flows on debt 3,515 21,233 -13,659 -10,016 -9,952 -7,462 -1,479 2,466 of which short-term debt 2,210 14,916 -8,538 -1,657 -1,304 -963 532 4.526 Interest payments (lNT) 2,026 4,189 4,849 3,303 2,549 2,107 ],654 1,575 Long-term debt 1,355 2.646 3,776 2,617 2,094 1,719 1,269 1,072 IMFcharges 21 0 168 124 37 5 0 0 Short -term debt 650 1.543 905 562 419 382 384 503 Net transfers on debt 1,489 17,044 -18,508 -13,319 -12,501 -9,569 -3,133 891 Total debt service paid (TDS) 5,290 8,586 13,991 20,312 19,720 15,068 12,451 19,454 Long-term debt 4,338 7,044 12,721 18,337 17,905 14,279 12,067 18,951 IMF repurchases and charges 302 0 366 1,413 1,396 408 0 0 Short-term debt (interest only) 650 1.543 905 562 419 382 384 503 2. A(jGkE~A:~~~~SQPJ1CEFl9WS ~NJ) NET 1'ltA~~J(l;(}~~;.;< NET RESOURCE FLOWS 4,662 10,608 -619 -2,782 -5,745 -2,311 1,082 8,236 Net flow of long-term debt (ex. IMF) 1,586 6,317 -4,923 -7,070 -7,288 ·6,097 -2,011 ·2,060 Foreign direct investment (net) 2,444 2,068 3,366 3,892 953 1,949 1,718 4,527 Portfolio equity flows 440 2,123 901 352 539 1,787 1,319 5,665 Grants (excluding technical coop.) 193 99 38 44 51 50 56 103 Memo: technical coop. grants 230 267 197 168 178 170 159 149 NET TRANSFER..'i 2,996 7,962 -4,395 -5,399 .7,839 ·4,030 -187 7,164 Interest on long-term debt 1,355 2,646 3,776 2,617 2,094 1,719 1,269 1,072 Profit remittances on FDI 312 0 0 0 0 0 0 0 3.MAilOaECONOMlCAGGR&GA.·.····· Gross national income (GNI) 84,272 165,160 120,809 113,622 124,814 140,243 158,551 172,436 Exports of goods, servo & inc. (XGS) 31,289 74,093 85,997 79,940 84,836 96,897 117,138 133,238 Worker remit. & comp. of employees 973 1,695 1,697 1,252 1,380 1,607 1,622 1,187 Imports of goods & services (MGS) 38,783 88,161 77,269 74,349 78,425 89,885 112,412 139,912 International reserves (RES) 14,258 36,939 32,665 33,041 38,903 42,162 49,847 52,076 Current account balance -7.281 -13,582 9,313 6,192 7,014 7,953 6,857 -3,670 4;J~~.~~~'1'OJS EDT /XGS (%) 89.8 135.0 92.7 84.0 70.0 53.4 43.7 39.2 EDT /GNI(%) 33.3 60.6 66.0 59.1 47.6 36.9 32.3 30.3 TDS/XGS (%) 16.9 11.6 16.3 25.4 23.2 15.6 10.6 14.6 !NT IXGS (%) 6.5 5.7 5.6 4.1 3.0 2.2 1.4 1.2 !NT / GNI (%) 2.4 2.5 4.0 2.9 2.0 1.5 1.0 0.9 RES/EDT(%) 50.8 36.9 41.0 49.2 65.5 81.4 97.3 99.6 RES I MGS (months) 4.4 5.0 5.1 5.3 6.0 5.6 5.3 4.5 Sholt-term I EDT (%) 29.6 44.1 18.7 19.7 20.1 21.2 22.4 30.6 Concessional/ EDT (%) 15.2 7.1 11.5 13.0 16.6 18.6 17.6 14.1 Multilateral/EDT (%) 13.2 3.2 6.7 8.1 5.8 5.8 2.6 1.6 384 THAILAND (US$ millioll, unless otherwise indicated) 1995 2000 DEBT OUTSTAl\'OING (LOaD) 19,771 55,944 61,768 52,277 47,061 40,827 39,744 36,252 Public and publicly guaranteed 12,460 16,826 29,453 26,208 22,524 17,702 15,248 13,483 Official creditors 8,283 11,187 20,820 19,083 16,241 13,115 10,727 8,079 Multilateral 3,716 3,206 5,330 5,434 3,452 3,020 1,310 819 Concessional 247 291 212 194 185 181 170 154 Bilateral 4,567 7,981 15,489 13,649 12,789 1O,Q95 9,416 7,260 Concessional 4,034 6,845 8,980 8,537 9,649 9,433 8,834 7,202 Private creditors 4.177 5,639 8,633 7,125 6,283 4,586 4,521 5,404 of which: Bonds 738 1,574 2,630 2,399 2,142 2,308 3,507 4,186 Commercial banks 2,126 3,045 5,116 3,956 3,720 ],880 649 737 Private nonguaranteed 7,311 39,117 32,316 26,069 24,537 23,125 24,496 22,769 Bonds 40 7,375 8,414 6,972 6,263 4,639 3,997 4,385 Commercia] banks and other 7,272 31,743 23,901 19,097 18,274 18,486 20,499 ]8.384 Memo: lBRD 2,421 1,805 2,940 2,998 2,346 2,098 483 386 IDA 109 102 90 86 83 79 76 73 Public sector LDOD 12,460 16,826 29,453 26,208 22,524 17,702 15,248 13,483 Private sector LDOD 7,311 39,117 32,316 26,069 24,537 23,125 24,496 22,769 DISBURSEMENTS 4,569 10,715 4,021 8,649 8,523 6,463 8,786 15,820 Public and publicly guaranteed 1,277 2,758 3,021 2,312 1,672 1,429 1,873 2,112 Official creditors 886 1,417 2,156 1,953 1,149 939 473 675 Multilateral 263 358 751 504 180 73 57 43 Concessional 2 17 0 0 0 0 0 0 Bilateral 624 1,059 1,405 1,448 969 867 416 632 Concessional 504 1,043 1,399 1,437 966 867 416 632 Private creditors 391 1.341 865 359 523 490 1,400 1,436 of which: Bonds 0 242 0 288 0 300 1,400 936 Commercial banks 110 1,088 455 2 519 190 0 300 Private nonguaranteed 3,292 7,956 1,000 6,338 6,851 5,033 6,913 13,708 Bonds 0 2,080 0 0 48 0 0 1,300 Commercial banks and othcr 3,292 5,876 1,000 6,338 6,803 5,033 6,913 12,408 Memo: lBRD 174 146 456 365 104 44 33 30 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPA YMENTS 2,983 4,398 8,945 15,720 15,811 12,559 10,797 17,879 Public and publicly guaranteed 2,393 1,888 3,010 3,739 6,547 6,460 4,172 2,721 Official creditors 788 925 1,666 2,132 5,335 5,047 3,123 2,326 Multilateral 438 360 753 349 2,231 515 1,770 528 Conccssional 8 11 14 13 14 12 13 JO Bilateral 349 566 912 1,783 3,104 4,532 1,352 1,799 Concessional 102 447 623 725 608 1,917 1,256 1,306 Private creditors 1,605 962 1,344 1,607 \,212 1,413 1,050 394 of which: Bonds 87 199 174 467 300 192 163 172 Commercial banks 1,324 430 \,072 1,024 841 1,159 842 172 Private non guaranteed 591 2,510 5,935 11,981 9,264 6,099 6,625 15,159 Bonds 0 0 1,044 1,426 758 1,637 640 908 Commercial banks and other 591 2,510 4,890 10,555 8,506 4,463 5,985 14,251 Memo: lBRD 207 201 181 260 800 294 1,648 128 IDA 1 2 3 3 3 3 3 3 mTEREST PAYMENTS (UNT) 1,355 2,646 3,776 2,617 2,094 1,719 1,269 1,072 Public and publicly guaranteed 874 874 1,577 1,403 1,070 858 736 435 Official creditors 442 52] 1,008 944 745 608 469 233 Multilateral 284 218 350 342 344 205 259 54 Concessional 5 8 6 5 2 2 2 2 Bilateral 158 302 658 602 401 403 209 179 Concessiona1 110 224 252 222 209 228 193 167 Private creditors 432 353 569 460 325 250 267 202 of which: Bonds 46 97 193 178 142 124 212 158 Commercial banks 227 195 353 266 171 116 46 29 Private nonguaranteed 481 1,772 2,199 1,214 1,023 861 534 637 Bonds 2 222 476 399 325 283 220 286 Commercial banks and other 479 1,550 1,723 814 698 578 313 351 Memo: lBRD 188 135 178 189 191 150 219 29 IDA 1 1 I 1 I I I 385 THAILAND (US$ million, unless otilenvise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 /,;k?i'; .,;:~>6.C~~~l';m~N~MLIC~~PBtttii~;fmA~mIDDEBT(rpj,~f)lff·.···· '. Euro 1.6 1.7 2.2 2.5 2.1 Japanese yen 42.7 47.7 46.3 44.6 56.6 61.7 64.7 60.0 Pound sterling 0.4 0.2 0.1 0.1 0.1 OJ 0.1 0.1 Swiss franc 5.7 0.9 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 15.8 27.2 46.3 48.1 38.5 32.9 30.4 36.2 7. DEBT:KESTRUCTURINGS Total amount rescheduled 0 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 0 of which debt buyback 0 0 0 0 0 0 0 0 ' ·· DEBTS)'OCK.FLOW RECONCILIATION Total change in debt stocks 4,606 34,505 -17,060 -12,529 -7,810 -7,588 -551 1,035 Net flows on dcbt 3,515 21,233 -13,659 -10.016 -9.952 -7.462 -1,479 2,466 Cross-currency valuation 1.024 -182 -1,966 -1,917 1.482 1,662 351 -1.219 ,. AVElt.!\~E TERMS OF NEW COMMITMENTS ALL CREDITORS Interest (%) 4.8 5.7 1.5 2.1 2.2 2.0 2.8 3.7 Maturity (years) 22.3 14.8 29.0 7.3 24.9 6.6 5.0 11.3 Grace period (years) 7.2 5.2 6.9 2.3 4.6 3.6 5.0 8.3 Grant element (%) 38.4 25.6 59.9 28.9 45.3 27.5 22.3 27.3 Official creditors Interest (%) 4.4 4.4 1.5 2.4 2.2 3.0 0.0 1.1 Maturity (years) 25.6 23.5 38.1 8.9 36.3 17.4 0.0 14.7 Grace period (years) 7.8 6.4 8.2 L5 6.9 5.7 0.0 4.7 Grant element (%) 43.3 40.9 71.1 30.8 63.5 44.7 0.0 51.7 Private creditors Interest (%) 5.8 6.6 1.6 1.8 2.3 1.8 2.8 4.3 Maturity (years) 15.2 8.9 7.3 5.9 4.3 4.7 5.0 10.5 Grace period (years) 5.9 4.3 3.6 3.0 0.3 3.2 5.0 9.1 Grant element (%) 28.1 15.2 32.7 27.2 12.5 24.6 22.3 21.9 'l(J.,roN~~ALOBLlGATIONS ON OUTSTANDINGLO~(P~~' 2006 2007 2008 2009 2010 2011 2013 TOTAL Principal 7,858 5,705 3.474 1,677 2,461 1.576 1,751 1,705 Interest 1.176 932 733 621 555 480 435 361 Official creditors Principal 564 652 763 492 546 549 482 457 Interest 187 183 175 147 134 120 106 94 Bilateral creditors Principal 480 567 376 401 450 452 393 388 Interest 152 143 130 122 112 102 93 85 Multilateral creditors Principal 84 85 386 91 96 97 88 69 Interest 35 40 45 25 21 17 13 9 Private creditors Principal 7,294 5,053 2,711 1,184 1,915 1,028 1,269 1,249 Interest 989 749 558 475 421 361 329 267 Notes: Data on long-terrn public and publicly guaranteed and private nonguaranteed debt for 2005 are based on reports provided by the country. Short-term debt data are based on official government data. 386 TOGO (US$ million, unless otherwise indicated) 1995 2000 2001 TOTAL DEBT STOCKS (EDT) 1,281 1,476 1,430 1,395 1,573 1,702 1,836 1,708 Long-term debt (LDOD) 1,081 1,286 1,228 1,192 1,323 1,485 1,609 1,469 Public and publicly guaranteed L081 1,286 1,228 1,192 1,323 1,485 1,609 1,469 Pri vale nonguaranteed 0 0 0 0 0 0 0 0 Use of {MF credit 87 105 70 57 52 42 27 14 Short-term debt 113 85 132 146 198 175 201 225 of which interest arrears on WOD I 27 63 62 96 133 175 173 Official creditors 1 \3 63 62 96 133 175 173 Pri vate creditors 0 14 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 3 64 62 91 [52 2[8 321 323 Official creditors 2 [8 62 9[ 152 218 321 323 Pri vale creditors 45 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 110 59 24 32 11 5 20 10 Long-term debt 89 26 24 32 11 5 20 10 IMF purchases 21 33 0 0 0 0 0 0 Principal repayments 43 18 19 22 10 14 18 14 Long-term debt 27 7 10 II 1 1 2 3 IMF repurchases 16 11 9 10 9 14 16 11 Net flows on debt 16 39 -44 24 19 -69 -14 22 of which short-term debt -51 -2 -49 14 19 -60 -16 26 Interest payments (INT) 43 11 10 11 3 3 3 3 Long-term debt 33 8 5 6 0 1 2 2 IMFcharges 4 I 0 0 0 0 0 0 Short-term debt 6 3 5 5 2 2 1 I Net transfers on debt -27 27 -55 13 17 -72 -17 19 Total debt service paid (TDS) 86 29 30 32 13 17 21 17 Long-term debt 60 14 15 17 1 1 4 5 IMF repurchases and charges 20 12 10 II 10 14 16 1l Short-term debt (interest only) 6 3 5 5 2 2 1 1 NET RESOCRCE FLOWS 205 168 111 118 102 81 127 56 Net flow of long-term debt (ex. IMF) 62 19 14 20 10 5 18 7 Foreign direct investment (net) 18 26 42 64 53 34 57 3 Portfolio equity flows 4 0 6 2 6 10 15 0 ('Jl'ants (excluding technical coop,) 120 123 49 33 32 33 37 46 Memo: technical coop, grants 60 32 23 24 27 33 35 34 NET TRANSFERS 156 159 89 88 83 62 88 54 Interest on long-term debt 33 8 5 6 0 I 2 2 Profit remittances on POI 15 2 17 25 18 19 37 0 Gross national income (ONI) 1,598 1,265 1,300 1.298 1,454 1,736 2,033 2,167 Exports of goods, serv, & inc. (XOS) 723 489 472 506 627 848 943 Worker remit. & compo of employees 27 15 34 69 104 148 179 148 Imports of goods & services (MOS) 912 713 664 701 771 1,009 1,165 International reserves (RES) 358 130 152 126 20S 205 360 195 Current account balance -84 -122 -140 -169 -140 -162 -206 EDT/XOS (%) 177.2 302.1 302.7 275.4 251.0 200.8 194.7 EDT I GNI (%) 80,1 116.7 110.0 107.4 108,1 98.1 90.3 78.8 TDS I XOS (%) 11.9 6.0 6.3 6.4 2.1 2.0 2.2 !NT I XGS (%) 6.0 2.3 2.2 2.1 0.4 0.3 0.4 !NT I ONI (%) 2,7 0.9 0.8 0.8 0.2 0.2 0.2 0.1 RES I EDT (%) 28,0 8.8 10,7 9.1 13.0 12.0 19.6 11.4 RES I MGS (months) 4,7 2.2 2.8 2,2 3.2 2.4 3.7 Short-term I EDT (%) 8,8 5.8 9.3 10,5 12.6 to.3 10.9 13,2 Concessionall EDT (% ) 55,1 61.8 70.1 70.0 68.4 70.0 65.8 65.5 Multilateral I EDT (%) 43,7 48.3 53.6 54.0 52.3 53.3 52.8 52.8 387 TOGO (US$ million, unless otherwise indicated) 2000 2001 2002 2003 2004 DEBT OUTSTANDING (LDOD) 1,081 1,286 1,228 1,192 1,323 1,485 1,609 1,469 Public and publicly guaranteed 1,081 1,286 1,228 1,192 1,323 1,485 1,609 1,469 Official creditors 1,029 1,235 1,228 1,192 1,323 1,485 1,609 1,469 Multilateral 560 713 766 754 822 907 970 902 Concessional 516 681 750 739 806 886 935 873 Bilateral 469 522 461 438 501 578 639 566 Concessi anal 189 232 253 237 270 304 274 246 Private creditors 52 52 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 51 52 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: mRD 5 0 0 0 0 0 0 0 IDA 393 54l 604 585 632 687 715 667 Public sector LDOD 1,081 1,286 1.228 1,192 1,323 1,485 1,609 1,469 Private sector LDOD 0 0 0 0 0 0 0 0 DISBURSEMENTS 89 26 24 32 11 5 20 10 Public and publicly guaranteed 89 26 24 32 11 5 20 10 Official creditors 89 26 24 32 11 5 20 10 Multilateral 45 26 21 24 9 4 20 10 Concessional 44 26 21 24 9 4 10 10 Bilateral 44 0 4 8 2 I 0 0 Concessional 44 0 4 8 2 I 0 0 Private creditors 0 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: mRD 0 0 0 0 0 0 0 0 IDA 31 20 15 12 7 0 0 0 PRINCIPAL REPAYMENTS 27 7 10 11 1 1 2 3 Public and publicly guaranteed 27 7 10 11 1 1 2 3 Ofticial creditors 27 7 10 11 I I 2 3 Multilateral 17 6 9 11 1 I 1 2 Concessional 5 6 8 11 I 1 I I Bilateral 10 1 2 0 0 0 1 0 Concessional 1 1 1 0 0 0 0 0 Pri vate creditors 0 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private non guaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: mRD 8 0 0 0 0 0 0 0 IDA I 3 5 10 0 0 0 0 INTEREST PAYMENTS (LINT) 33 8 5 6 0 1 2 2 Public and publicly guaranteed 33 8 5 6 0 1 2 2 Official creditors 28 8 5 6 0 I 2 2 Multilateral 8 5 5 5 0 1 I I Concessional 4 4 4 5 0 1 1 0 Bilateral 20 3 0 0 0 0 I I Concessional 4 I 0 0 0 0 0 0 Private creditors 5 0 0 0 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 5 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: mRD 1 0 0 0 0 0 0 0 IDA 3 4 3 5 0 0 0 0 388 TOGO (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 16.1 17.1 18.3 18.9 17.9 Japanese yen 3.0 3.3 6.2 4.7 4.7 4.6 4.4 4.3 Pound sterling 1.9 1.7 1.6 1.6 1.6 1.6 1.2 1.2 Swiss franc 10.3 10.9 7.8 8.0 8.7 8.7 9.6 9,1 U.S.dollars 44.2 47.4 52.6 53.4 51.6 49.4 48,1 49,] Total amount rescheduled 79 133 0 6 0 12 0 0 Debt stock rescheduled 0 I 0 3 0 5 0 0 Principal rescheduled 66 64 0 0 0 0 0 0 Official 66 63 0 0 0 0 0 0 Plivate 0 1 0 0 0 0 0 0 Interest rescheduled 12 63 0 0 0 0 0 0 Official 12 63 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 18 85 0 I 0 0 0 0 Memo: interest forgiven 0 23 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 0 of which deht 0 0 0 0 0 0 0 0 Total change in dcbt stocks 104 20 -94 -35 178 129 135 -129 Net flows on debt 16 39 -44 24 19 -69 -14 22 42 -20 -66 -40 114 137 73 -134 ALL CREDITORS In terest (%) 0,7 0.7 0,0 2.5 2,5 1.2 2.1 L7 Maturity (years) 39.5 37,6 0,0 24,9 23,9 13.5 25.4 17.9 Grace period 10.4 9.9 0,0 7.4 6.4 1.0 6.5 6,2 Grant element 80.2 79.7 0.0 56.4 54.6 40,8 58.3 61.6 Official creditors Interest (%) 0.7 0,7 0,0 2.5 2.5 L2 2.1 L7 Maturity (years) 39.5 37,6 0,0 24.9 23.9 13.5 25.4 17.9 Grace period (years) 10.4 9.9 0,0 7.4 6.4 LO 6,5 6,2 Grant element (%) 80,2 79,7 0,0 56.4 54.6 40.8 58.3 61.6 Private creditors Interest (%) 0.0 0.0 0.0 0,0 0.0 0.0 0.0 0.0 Maturity (years) 0.0 0.0 0.0 0,0 0.0 0.0 0.0 0.0 Grace period 0,0 0,0 0,0 0.0 0.0 0.0 0.0 0.0 Grant element 0.0 0.0 0,0 0.0 0.0 0.0 0.0 0.0 TOTAL Principal 46 48 51 50 50 51 53 54 Interest 24 23 22 21 20 19 18 16 Official creditors Principal 46 48 51 50 50 51 53 54 Interest 24 23 22 21 20 19 18 16 Bilateral creditors Principal 17 20 21 18 18 17 18 19 Interest 15 15 14 !3 12 12 11 10 Multilateral ereditors Principal 28 28 30 32 32 33 35 35 Interest 9 9 8 8 8 7 7 6 Private creditors Principal 0 0 0 0 0 0 0 0 Interest 0 0 0 0 0 0 0 0 Notes: 389 TONGA (US$ million, unless otherwise indicated) 2000 TOTAL DEBT STOCKS (EDT) 53.7 64.1 65.5 63.4 73.5 86.7 88.7 84.1 Long-term debt (LDOD) 44.5 62.8 65.1 62.7 72.6 85.6 87.5 83.2 Public and publicly guaranteed 44.5 62.8 65.1 62.7 72.6 85.6 87,5 83.2 Plivate nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Use of IMF credit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short-term debt 9.2 1.3 0.5 0.6 1.0 1.1 1.2 0.9 of which interest arrears on LDOD 0.0 0.0 0.3 0.5 0.7 1.0 1.2 0.9 Official creditors 0.0 n.o n.3 n.5 n.7 1.0 1.2 0,9 Private creditors 0.0 o.n n.n 0,0 0.0 0.0 0.0 n.n Memorandum items Principal arrears on LDOD 0.0 0.0 0.9 2.0 2.7 4.4 5.7 5.0 Official creditors 0.0 n.o 0.9 2.0 2.7 4.4 5.7 5.0 Plivate creditors 0.0 o.n 0.0 0.0 0.0 0.0 o.n 0.0 TOTAL DEBT FLOWS Disbursements 3.3 6.2 5.2 2.7 5.6 11.2 1.2 4.5 Long-term debt 3.3 6.2 5.2 2.7 5.6 11.2 1.2 4.5 IMF purchases 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal repayments 1.0 2.4 3.4 1.7 2.1 1.9 2.2 2.9 Long-term debt 1.0 2.4 3.4 1.7 2.1 1.9 2.2 2.9 IMF repurchases 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Net flows on debt 10.4 4.1 1.7 0.9 3.6 9.3 -1.1 1.6 of which short-teno debt 8.2 0.3 0.0 0.0 0.1 -0.1 -0.1 0.0 Interest payments (INT) 0.9 0.8 0.8 0.6 0.6 0.7 0.7 1.1 Long-term debt 0.5 0.7 0.8 0.6 0.6 0.7 0.7 1.1 IMFcharges 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short-term debt 0.4 0.1 0.0 0.0 0.0 0.0 0.0 0.0 Net transfers on debt 9.5 3.3 0.9 0.4 3.0 8.6 -1.8 0.5 Total debt service paid (TDS) 1.9 3.2 4.2 2.3 2.7 2.6 2.9 4.0 Long-term debt 1.5 3.1 4.2 2.3 2.7 2.6 2.9 4.0 IMF repurchases and charges 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Short-term debt (interest only) 0.4 0.1 0.0 0.0 0.0 0.0 0.0 0.0 NET RESOURCE FLOWS 19.2 24.1 13.3 11.6 8.1 28.1 6.3 22.7 Net flow of long-term debt (ex. IMF) 2.2 3.8 1.8 0.9 3.5 9.4 -0.9 1.6 Foreign direct investment (net) 0.2 2.0 4.7 1.0 0.6 11.8 1.2 4.5 Portfolio equity nows -0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grants (excluding technical coop.) 16.9 18.3 6.9 9.7 4.0 6.9 6.1 16.6 Memo: technical coop. grants 10.9 16.4 11.2 12.8 15.7 14.1 14.6 13.5 NET TRANSFERS 18.4 23.4 12.5 11.0 6.8 27.4 5.6 21.6 Interest on long-term debt 0.5 0.7 0.8 0.6 0.6 0.7 0.7 1.1 Profit remittances on FDI 0.3 0.0 0.0 0.0 0.7 0.0 0.0 0.0 Gross national income (GNI) 116.5 164.3 147.6 130.3 145.6 167.1 190.6 Exports of goods, servo & inc. (XGS) 66.5 84.4 109.3 Worker remit. & compo of employees 24.0 0.0 0.0 53.0 66.0 66.0 66.0 66.0 hnports of goods & services (MGS) 75.0 93.5 109.1 International reserves (RES) 31.3 28.7 24.6 23.8 25.1 39.8 55.3 46.9 Current account balance 5.8 -10.8 -3.3 EDT/XGS (%) 80.8 75.0 67.3 EDT /GNI(%) 46.1 39.0 44.4 48.6 50.5 51.9 46.6 TDS I XGS (%) 2.9 2.8 2.5 !NT I XGS (%) 1.4 0.7 0.6 !NT I GNI(%) 0.8 0.5 0.6 0.4 0.4 0.4 0.4 RES I EDT (%) 58.4 44.8 37.6 37.5 34.2 45.9 62.3 55.7 RES f MGS (months) 5.0 3.0 2.8 Short-term I EDT (%) 17.2 2.1 0.7 1.0 1.3 1.3 1.4 1.0 Concessionall EDT (%) 72.2 82.3 90.4 90.8 90.7 90.5 90.1 92.0 Multilateral f EDT (%) 42.4 65.0 82.1 78.1 80.2 79.4 80.3 82.4 390 TONGA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2005 DEBT OUTSTANDING (LDOD) 44.5 62.8 65.1 62.7 72.6 85.6 87.5 83.2 Public and publicly guaranteed 44.5 62.8 65.1 62.7 72.6 85.6 87.5 83.2 Official creditors 44.5 58.5 65.1 62.7 72.6 85.6 87.5 83.2 Multilateral 22.7 41.7 53.8 49.5 58.9 68.8 71.3 69.3 Concessional 18.0 36.0 49.1 45.3 54.1 63.1 65.2 64.9 Bilateral 21.7 16.8 11.3 13.2 13.6 16.8 16.3 13.9 Concessional 20.8 16.8 10.1 12.2 12.6 15.4 14.8 12.5 Private creditors 0.0 4.3 0.0 0.0 0.0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0,0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0,0 0.0 0.0 0,0 0.0 0,0 0.0 0.0 IDA 2.6 4,8 4,0 3.8 4.2 7.4 8.9 12.6 Public sector LDOD 44.5 62.8 65.1 62.7 72.6 85,6 87.5 83.2 Private sector LDOD 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 DISBURSEMENTS 3.3 6.2 5.2 2.7 5.6 11.2 1.2 4.5 Public and publicly guaranteed 3.3 6.2 5.2 2.7 5.6 11.2 1.2 4.5 Official creditors 3.3 6.2 5,2 2.7 5.6 11.2 1.2 4.5 Multilateral 3.3 6.2 3.0 0.2 5.2 8.7 1.2 4.5 Concessional 3.2 6.2 3.0 0.2 5.2 8.7 1.2 4.5 Bilateral 0.0 0.0 2.2 2.5 0.4 2,5 0.0 0.0 Concessional 0.0 0.0 2.2 2.5 0.4 2.5 0.0 0.0 Private creditors 0.0 0.0 0.0 0.0 0.0 0.0 0,0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0,0 0,0 0,0 0.0 0.0 0,0 0.0 IDA 1.0 0.2 0.0 0.0 0.2 2.6 1.2 4.5 PRINCIPAL REPAYMENTS 1.0 2.4 3.4 1.7 2.1 1.9 2.2 2.9 Public and publicly guaranteed 1.0 2.4 3.4 1.7 2.1 1.9 2.2 2.9 Official creditors 1.0 2.4 2.1 1.7 2.1 1.9 2.2 2.9 Multilateral 0.5 0.8 0,9 1.0 0.9 0.9 1.1 2,0 Concessional 0.3 0.2 0.6 0.7 0.7 0,8 1.0 1.1 Bilateral 0.5 1.7 1.2 0.7 1.3 0.9 1.0 0.9 Concessional 0.4 1.4 0.9 0.6 1.3 0.9 1.0 0.9 Private creditors 0.0 0.0 1.3 0.0 0,0 0.0 0.0 0.0 of which: Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Commercial banks and other 0,0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: IBRD 0.0 0,0 0,0 0,0 0,0 0,0 0.0 0,0 IDA 0.0 0,0 0.1 0,1 0,1 0.1 0.1 0.1 INTEREST PAYMENTS (LINT) 0.5 0.7 0.8 0.6 0.6 0.7 0.7 1.1 Public and publicly guaranteed 0.5 0.7 0.8 0.6 0.6 0.7 0.7 1.1 Official creditors 0,5 0,7 0,7 0.6 0.6 0,7 0,7 I.l Multilateral 0.2 0.5 0,5 0.5 O.S 0,6 0,7 0,9 Concessional 0,1 0,3 0,5 0.5 0.5 0.6 0.7 0.7 Bilateral 0.3 0.2 0.2 0.1 0.1 0.1 0,1 0,3 Concessional 0.2 0,2 0.1 0,1 0,1 0,1 OJ 0.3 Pri vate creditors 0,0 0,0 0.1 0.0 0,0 0.0 0,0 0.0 of which: Bonds 0.0 0,0 0.0 0.0 0,0 0.0 0,0 0.0 Commercial banks 0.0 0.0 0,0 0,0 0.0 0,0 0,0 0.0 Private nonguaranteed 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Bonds 0,0 0.0 0,0 0,0 0.0 0,0 0.0 0,0 Commercial banks and other 0,0 0,0 0,0 0.0 0,0 0,0 0.0 0.0 Memo: IBRD 0.0 0,0 0.0 0,0 0,0 0,0 0,0 0.0 IDA 0,0 0,0 0,0 0.0 0,0 0,0 0,\ 0.1 391 TONGA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 15.9 14.2 13.2 12.6 9.6 Japanese yen 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Pound sterling 6.0 1.6 0.2 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 1.0 10.7 4.4 4.3 11.1 20.0 21.2 27.0 1.DEBTlU!:StRlJC~~· Total amount rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt stock rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Principal rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Interest rescheduled 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt forgiven 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Memo: interest forgiven 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Debt stock reduction 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 of which debt buyback 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ·.ILDEBTSTOCK-FLOW R.EroNCiLJA.'J:IO~ Total change in debt stocks 14.5 5.5 -3.6 -2.1 10.1 13.2 2.1 -4.6 Net flows on debt 10.4 4.1 1.7 0.9 3.6 9.3 -1.1 1.6 3.1 1.0 -4.2 -3.1 5.1 7.3 2.7 -4.7 .". AVBRAQE:T.lmMS()FNEW (;Q~~~ ALL CREDITORS Interest (%) 0.9 4.5 0.0 2.5 1.1 0.8 0.0 0.8 Maturity (years) 39.7 35.9 0.0 12.1 29.6 39.8 0.0 39.9 Grace period (years) 10.2 8.9 0.0 4.6 9.1 10.3 0.0 10.4 Grant element (%) 79.5 45.2 0.0 40.0 71.2 80.7 0.0 80.8 Official creditors Interest (%) 0.9 4.5 0.0 2.5 1.1 0.8 0.0 0.8 Maturity (years) 39.7 35.9 0.0 12.1 29.6 39.8 0.0 39.9 Grace period (years) 10.2 8.9 0.0 4.6 9.1 10.3 0.0 10.4 Grant element (%) 79.5 45.2 0.0 40.0 71.2 80.7 0.0 80.8 Private creditors Interest (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Maturity (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grace period (years) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Grant element (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10:,;:(;ONrRA˘tuA6BlJGATIONS.ON. ()liITSTAl'Il>~.tONq..'J;E"'l).1".;·· 2006 2007 2008 2009 2010 20ll TOTAL Principal 3.6 3.6 3.7 2.9 3.2 3.5 3.7 3.6 Interest 1.3 1.3 1.2 1.1 1.1 J.J 1.0 1.0 Official creditors Principal 3.6 3.6 3.7 2.9 3.2 3.5 3.7 3.6 Interest l.3 1.3 1.2 1.1 1.1 1.1 1.0 1.0 Bilateral creditors Principal 1.7 1.7 2.0 1.3 1.2 1.0 1.0 0.9 Interest 0.2 0.1 0.1 0.1 0.1 0.0 0.0 0.0 Multilateral creditors Principal 1.9 1.9 1.8 1.6 2.0 2.5 2.7 2.7 Interest 1.2 1.1 l.l l.l 1.0 1.1 1.0 1.0 Private creditors Principal 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Interest 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 392 TRINIDAD AND TOBAGO (USS million, unless otherwise indicated) 2000 2003 2005 TOTAL DEBT STOCKS (EDT) 2,511 2,596 2,546 2,506 2,522 2,601 2,926 2,652 Long-term debt (LDOD) 2,055 1,890 1,695 1,645 1,657 1,711 1,531 1,310 Public and publicly guaranteed 1,782 1,800 1,585 1,532 1,544 1,599 1,418 1,197 Private nonguaranteed 273 90 110 113 113 113 113 113 Use of IMF credit 329 50 0 0 0 0 0 0 Short-term debt 127 656 851 861 865 890 1,395 1,342 of which interest arrears on LDOD 0 7 1 I 0 0 0 0 Official creditors 0 2 0 0 0 0 0 0 Private creditors 0 5 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 37 III 49 47 0 0 0 0 Official creditors 6 9 1 1 0 0 0 0 Private creditors 31 102 47 46 0 0 0 0 TOTAL DEBT FLOWS Disbursements 188 127 416 61 44 82 44 58 Long-term debt 85 127 416 61 44 82 44 58 IMF purchases 103 0 0 0 0 0 0 0 Principal repayments 233 243 332 78 68 73 240 243 Long-terrn debt 233 200 332 78 68 73 240 243 IMF repurchases 0 44 0 0 0 0 0 0 Net flows on debt -45 210 112 -8 -19 35 309 -238 of which short-term debt 0 326 28 9 5 25 505 -53 Interest payments (lNT) 216 177 174 154 180 157 161 135 Long-term debt 177 148 118 114 143 130 129 105 IMFcharges 24 4 0 0 0 0 0 0 Short-term debt 15 25 56 39 37 26 32 30 Net transfers on debt -262 33 -61 -161 -199 -122 148 -373 Total debt service paid (TDS) 449 420 505 232 248 229 401 379 Long-term debt 410 347 449 192 211 203 369 349 IMF repurchases and charges 24 48 0 0 0 0 0 0 Short-term debt (interest only) 15 25 56 39 37 26 32 30 NET RESOURCE FLOWS -26 253 764 819 768 820 905 919 Net now of long-term debt (ex. IMp) -148 -72 84 -17 -24 10 -196 -185 Foreign direct investment (net) 109 299 680 835 791 808 1,098 1,100 Portfolio equity flows 0 17 0 0 0 0 0 0 Grants (excluding technical coop.) 13 10 I 1 2 2 3 4 Memo: technical coop. grants 5 5 5 7 7 5 7 6 NET TRANSFERS -400 -81 647 705 461 324 522 814 Interest on long-term debt 177 148 liS 114 143 130 129 105 Profit remittances on FOI 197 187 0 0 165 366 253 0 Gross national income (GNI) 4,673 4,864 7,526 8,286 8,528 9,986 11.761 13,730 Exports of goods, servo & inc. (XGS) 2.331 2,906 4,963 5.028 4,700 6,055 7A07 Worker remit. & compo of employees 3 32 38 41 79 87 87 87 Imports of goods & services (MGS) 1.863 2,577 4,419 4,604 4,599 5,042 5,929 International reserves (RES) 513 379 1,403 1,924 2,049 2,477 3,195 4,888 Current account balance 459 294 544 416 76 985 1,447 EDT I XGS (%) 107.7 89.3 51.3 49.8 53.7 43.0 39.5 EDT I GNI (%) 53.7 53.4 33,8 30.2 29.6 26.1 24.9 19.3 TDS I XGS (%) 19.3 14.4 10.2 4.6 5.3 3.8 SA !NT IXGS (%) 9.3 6.1 3.5 3.1 3.8 2.6 2.2 L~T I GNI (%) 4.6 3.6 2.3 1.9 2.1 1.6 1.4 1.0 RES I EDT(%) 20A 14.6 55.1 76.8 81.2 95.2 109.2 184.3 RES I MGS (months) 3.3 1.8 3.8 5.0 5.3 5.9 6.5 Short-term I EDT (%) 5.1 25.3 33.4 34.3 34.3 34.2 47.7 50.6 Concessionall EDT (%) 2.1 1.1 0.4 0.3 0.0 0.0 0.0 0.0 Multilateral I EDT (%) 4.1 20.3 24.9 24.1 24.1 24.8 21.0 21.4 393 TRINIDAD AND TOBAGO (US$ million, unless othenvise indicated) 1995 2000 2001 2002 2003 2004 2005 .... 5,tONG-TltlltM DEBT DEBT OUTSTANDING (LDOD) 2,055 1,890 1,695 1,645 1,657 1,711 1,531 1,310 Public and publicly guaranteed 1,782 1,800 1,585 1,532 1,544 1,599 1,418 1,197 Official creditors 634 957 642 610 623 662 623 571 Multilateral 103 527 634 605 607 645 615 569 Concessional 6 3 7 8 I 1 1 0 Bilateral 532 430 8 5 16 17 8 3 Concessional 48 24 2 I 0 0 0 0 Private creditors 1.147 843 943 923 921 937 794 626 of which: Bonds 335 300 876 863 872 883 736 573 Commercial banks 624 433 47 46 49 54 59 52 Private nonguaranteed 273 90 110 113 113 113 113 113 Bonds 0 0 110 110 110 110 110 110 Commercial banks and other 273 90 0 3 3 3 3 3 Memo: ffiRD 41 72 89 90 87 85 70 57 IDA 0 0 0 0 0 0 0 0 Public sector LDOD 1,782 1,800 1,585 1,532 1,544 1,599 1,418 U97 Private sector LDOD 273 90 110 113 113 113 113 113 DISBURSEMENTS 85 127 416 61 44 82 44 58 Public and publicly guaranteed 85 127 416 59 44 82 44 58 Official creditors 43 127 64 59 44 82 44 58 Multilateral 39 125 63 58 44 82 44 58 Concessional 0 0 I I 0 0 0 0 Bilateral 4 2 0 0 0 0 0 0 Concessional 0 0 0 0 0 0 0 0 Pri vate creditors 42 0 352 0 0 0 0 0 of which: Bonds 0 0 352 0 0 0 0 0 Commercial banks 0 0 0 0 0 0 0 0 Private nonguaranteed 0 0 0 3 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 3 0 0 0 0 Memo: IBRD 19 15 13 II 8 12 2 3 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REPA YMENTS 233 200 332 78 68 73 240 243 Public and publicly guaranteed 189 172 298 78 68 73 240 243 Official creditors 13 82 104 74 68 73 90 93 Multilateral 10 13 71 71 61 66 81 89 Concessional 0 1 I I 0 0 0 0 Bilatcral 3 69 33 2 7 6 9 5 Concessional 0 6 2 I 0 0 0 0 Private creditors 176 91 194 5 0 0 150 ISO of which: Bonds 52 0 122 0 0 0 150 150 Commercial banks 99 51 56 0 0 0 0 0 Private nonguaranteed 44 27 34 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 44 27 34 0 0 0 0 0 Memo: mRD 6 6 10 10 11 14 18 16 IDA 0 0 0 0 0 0 0 0 INTEREST PAYMENTS (LINT) 177 148 118 114 143 130 129 105 Public and publicly guaranteed 151 141 109 106 135 122 121 97 Official creditors 51 66 49 45 39 37 34 32 Multilateral 6 30 47 44 37 35 33 32 Concessional 0 0 0 0 0 0 0 0 Bilateral 45 36 2 1 2 I 1 0 Concessional 2 1 0 0 0 0 0 0 Pri vate creditors lOl 74 60 62 96 85 87 65 of which: Bonds 25 32 44 60 91 80 81 59 Commercial banks 55 33 13 0 5 6 7 7 Private nonguaranteed 26 7 8 8 8 8 8 8 Bonds 0 0 8 8 8 8 8 8 Commercial banks and other 26 7 0 0 0 0 0 0 Memo: ffiRD 2 5 7 7 6 5 5 3 IDA 0 0 0 0 0 0 0 0 394 TRINIDAD AND TOBAGO (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 1.5 0,0 0,0 0.0 0.0 Japanese yen 34.8 21.0 7,7 6.6 7.0 7.5 8.0 8.0 Pound sterling 3.4 2.8 2.9 2.9 3.2 3.4 4.1 4.4 Swiss franc 0.0 0.2 0,1 0.0 0.0 0.0 0.0 0.0 U.S.dollars 44.9 43,5 62,6 66.0 68.3 69,8 68.9 70.8 Total amount rescheduled 262 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 262 0 0 0 0 0 0 0 Official 56 0 0 0 0 0 0 0 Private 206 0 0 0 0 0 0 0 lnterest rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 7 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 0 7 0 0 0 0 0 0 of which debt buyback 0 0 0 0 0 0 0 0 Total change in debt stocks 374 241 84 -40 16 80 324 -274 Net t10ws on debt -45 210 112 -8 -19 35 309 -238 111 11 -15 -33 46 37 11 -39 ALL CREDITORS lnterest (%) 8,0 6.5 8.0 0,0 6.2 4,0 1.5 0,0 Maturity (years) 14,9 17.5 23.0 0.0 25,0 12,6 20.0 0.0 Grace peIiod (years) 4,6 4.1 23.0 0.0 4,0 3.2 3,0 0,0 Grant element (%) 10,7 20.5 16.9 0,0 25.7 30.9 53.2 0,0 Official creditors lnterest (%) 7.9 6.5 0.0 OJ) 6,2 4.0 1.5 0,0 MatuIity (years) 18,1 17.5 0.0 0.0 25.0 12.6 20.0 0.0 Grace period (years) 5.4 4,1 0.0 0.0 4,0 3.2 3,0 0.0 Grant element (%) 12.0 20,5 0.0 0,0 25.7 30.9 53.2 0.0 Private creditors lnlercst (%) 8.1 0.0 8.0 0,0 0.0 0.0 0.0 0.0 Maturity (years) 9.8 0.0 23.0 0,0 0.0 0.0 0.0 0,0 Grace period (years) 3.3 0.0 23.0 0,0 0.0 0.0 0.0 0.0 Grant element (% ) 8.6 0.0 16.9 0,0 0.0 0.0 0.0 0.0 2006 2007 2008 2009 2010 TOTAL Principal 96 88 89 313 71 58 51 161 lnterest 99 95 91 86 59 55 53 42 Official creditors Principal 81 73 75 75 70 58 50 50 Interest 34 33 30 27 23 20 17 14 Bilateral creditors PIincipal 1 0 0 0 0 0 0 0 Interest 0 0 0 0 0 0 0 0 Multilateral creditors Principal 80 73 75 75 70 58 50 50 lnterest 34 33 30 27 23 20 17 14 Private creditors Principal 15 15 15 237 0 1 I III lnleresl 65 63 61 59 36 36 36 28 Notes: 395 TUNISIA (US$ million, unless otherwise indicated) 1990 1995 2000 200] 2002 2003 2004 2005 ::j.$~ltYDEBTl)ATA· . . '" 7," , , " "'~' " " " , " TOTAL DEBT STOCKS (EDT) 7,688 10,818 11,307 12,832 15,400 18,341 20,008 17,789 Long-term debt (LDOD) 6,878 9,215 9,684 10,189 12.319 14,790 16,244 14,723 Public and publicly guaranteed 6,660 9,022 8,884 9,071 10,933 13,234 14,575 12,982 Private nonguaranteed 218 193 800 1,118 1,386 1,556 1,669 1.741 Use of n,1F credit Short-term debt of which interest aITearS on LDOD 176 634 0 293 1,310 0 32 1,590 0 ° 2,643 0 3,081 0 ° ° 3,551 0 3,764 0 ° 0 3,066 0 Official creditors 0 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 Memorandum items Principal aITears on LDOD 15 1 0 0 0 0 0 0 Official credi tors 8 0 0 0 0 0 0 0 Private creditors 7 0 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 1,017 1,389 1,542 1,892 2,038 2,102 1,939 1,142 Long-term debt 1,017 1,389 1,542 1,892 2,038 2,102 1,939 1,142 lMF purchases 0 0 0 0 0 0 0 0 Principal repayments 984 939 1,336 896 934 1,006 1,337 1,213 Long-term debt 872 924 1,295 864 934 1,006 1,337 1,213 lMF repurchases 111 15 40 31 0 0 0 0 Net flows on debt 292 654 259 2,049 1,542 1,566 814 -768 of which short-term debt 259 204 52 1,053 438 470 213 -698 Interest payments (INT) 447 541 570 505 557 614 747 865 Long-term debt 394 486 489 428 506 573 637 694 lMFcharges 23 17 3 1 0 0 0 0 Short-term debt 30 38 78 76 51 40 110 171 Net transfers on debt -156 113 -312 1,544 985 952 68 -1,633 Total debt service paid (TDS) 1,431 1,480 1,906 1,400 1,491 1,619 2,084 2,078 Long-term debt 1,267 1.409 1,785 1,292 1,440 1,579 1,975 1,907 Th1F repurchases and charges 135 32 43 32 0 0 0 0 Short-term debt (interest only) 30 38 78 76 51 40 llO 171 .;AGG~~.'j;,~~(jtfWWsAND·~.~~~~T_··· ···: 7~' :" ".~~:-:_:;{::;;_~\;:_" - - , _. NET RESOURCE FLOWS 399 799 1,025 1,565 2,019 1,749 1,356 802 Net flow of long-term debt (ex. lMF) 144 465 246 1,028 1,104 1,096 601 -70 Foreign direct investment (net) 76 264 752 457 795 541 593 723 Portfolio equity flows 5 12 -18 -15 6 14 24 12 Grants (excluding technical coop.) 174 59 44 95 114 98 137 137 Memo: technical coop. grants 100 122 96 90 98 130 142 146 NET TRANSFERS -92 139 69 658 1,041 639 41 -882 Interest on long-term debt 394 486 489 428 506 573 637 694 Profit remittances on FDI 97 175 468 480 473 537 678 990 ···~;~ItŁ˘O.NOMJC "'GGJlIl~A~:1 :":"~:,<," '{>~,' , Gross national income (GNI) 11,882 17,174 18,526 19,077 20,096 23,957 26,894 27,176 Exports of goods, servo & inc. (XGS) 5.851 8,778 9,497 10,562 10,681 12,295 14,854 16,003 Worker remit. & compo of employees 551 680 796 927 1,071 1,250 1,432 1,393 Imports of goods & services (MGS) 6,591 9,646 10,347 11,457 11.487 13,082 15,507 16.415 International reserves (RES) 867 1,689 1.871 2,050 2,365 3,036 4,031 4,548 Current account balance -463 -774 -821 -840 -746 -730 -551 -303 ·:.t:OOBTINmCATOU· '" "-"'- -- - ,- " ", ,--, EDT I XGS (%) 131.4 123.2 119.1 121.5 144.2 149.2 134.7 111.2 EDT IGNI(%) 64.7 63.0 61.0 67.3 76.6 76.6 74.4 65.5 TDS/XGS (%) 24.5 16.9 20.1 13.3 14.0 13.2 14.0 13.0 Th.'T I XGS (%) 7.6 6.2 6.0 4.8 5.2 5.0 5.0 5.4 Th.'T/GNI(%) 3.8 3.1 3.1 2.6 2.8 2.6 2.8 3.2 RES/EDT(%) 11.3 15.6 16.6 16.0 15.4 16.6 20.1 25.6 RES I MGS (months) 1.6 2.1 2.2 2.1 2.5 2.8 3.1 3.3 Short-term I EDT (%) 8.2 12.1 14.1 20.6 20.0 19.4 18.8 17.2 Concessiona1! EDT (%) 36.2 28.1 23.1 20.4 19.2 18.5 \8.2 19.3 Multilateral I EDT (%) 29.0 35.0 30.5 28.3 29.0 29.6 30.6 31.4 396 TUNISIA (US$ million, unless otherwise indicated) 2000 DEBT OUTSTANDING (LDOD) 6,878 9,215 9,684 10,189 12,319 14,790 16,244 14,723 Public and publicly guaranteed 6,660 9,022 8,884 9,071 10,933 13,234 14,575 12,982 Official creditors 5,240 7,398 6,065 6,160 7,222 8,547 9,372 8,428 Multilateral 2,233 3,783 3,452 3,627 4,470 5,427 6,130 5,579 Concessional 229 425 475 539 662 765 883 921 Bilateral 3,008 3,616 2,614 2.534 2,752 3,120 3,242 2,849 Concessional 2,551 2,612 2.134 2,074 2,299 2,626 2,753 2.516 Private creditors 1,420 1,624 2,819 2,911 3,711 4,687 5,203 4,554 of which: Bonds 0 535 1,327 1,642 2,433 3,315 3,740 3,274 Commercial banks 339 236 809 695 738 898 1,028 934 Private nonguaranteed 218 193 800 1,118 1,386 1,556 1,669 1,741 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 218 193 800 1,118 1,386 1,556 1,669 1,741 Memo: lBRD 1,347 1,717 1,211 1,297 1,464 1,779 1.824 1,565 IDA 59 49 39 37 35 33 30 28 Public sector LDOD 6,660 9,016 8,884 9,071 10,933 13,234 14,575 12,982 Private sector LDOD 218 200 800 1,118 1,386 1,556 1,669 1,741 DISBURSEMENTS 1,017 1,389 1,542 1,892 2,038 2,102 1,939 1,142 Public and publicly guaranteed 987 1,359 1,242 1,542 1,738 1,900 1,784 1,012 Official ereditors 699 611 707 1,013 988 1,051 1,060 955 Multilateral 430 467 427 702 772 753 760 736 Concessional 45 48 93 107 128 111 145 110 Bilateral 269 145 281 311 216 298 301 219 Concessional 177 130 278 247 168 221 227 193 Pri vate creditors 288 747 535 529 750 849 723 58 of which: Bonds 0 588 0 453 650 632 559 0 Commercial banks 88 56 489 42 88 167 141 54 Private nonguaranteed 30 30 300 350 300 202 155 130 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 30 30 300 350 300 202 155 130 Memo: lBRD 213 138 136 293 117 251 138 177 IDA 0 0 0 0 0 0 0 0 PRINCIPAL HEPA ThffiNTS 872 924 1,295 864 934 1,006 1,337 1,213 Public and publicly guaranteed 835 889 1,263 832 902 974 1,295 1,155 Official creditors 357 639 661 634 717 773 876 893 Multilateral 168 363 408 362 451 482 527 543 Concessional 7 18 31 37 40 42 38 57 Bilateral 189 276 253 272 266 290 349 350 Concessional 142 189 172 166 17l 206 237 254 Pri vale creditors 478 250 602 198 186 201 419 261 of which: Bonds 60 0 371 0 0 0 277 136 Commercial banks 113 63 134 103 94 112 62 64 Private nonguaranteed 37 35 32 32 32 32 42 58 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 37 35 32 32 32 32 42 58 Memo: lBRD III 203 ISO 146 154 205 226 232 IDA 1 2 2 2 2 2 2 2 INTEREST PAYMENTS (LINT) 394 486 489 428 506 573 637 694 Public and publicly guaranteed 384 478 479 419 468 529 559 592 Official creditors 249 368 295 261 294 308 322 336 Multilateral 149 255 213 179 226 233 245 256 Concessional 6 13 16 20 22 28 27 38 Bilateral 100 113 82 82 68 75 78 81 Concessional 73 76 53 53 51 56 64 62 Private creditors 136 110 184 158 174 221 237 255 of which: Bonds 5 14 99 87 119 163 182 200 Commercial banks 35 18 38 33 23 29 34 38 Private nonguaranteed 10 8 10 9 38 44 78 102 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 10 8 10 9 38 44 78 102 Memo: IBRD 103 129 79 80 79 81 77 69 IDA 0 0 0 0 0 0 0 0 397 TUNISIA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 25.1 27.1 33.0 38.5 39.6 Japanese yen 8.6 13.S 21.6 23.9 21.8 22.4 18.8 17.7 Pound sterling 0.1 0.0 O,S OA 0.4 0.3 0.3 0.3 Swiss franc 0.6 0.2 0,7 0,6 0.7 0.6 0.6 0.5 U.S.dollars 21.8 17.5 30,0 26,9 28.2 23.0 20.5 20.6 Total amount rescheduled 0 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 Principal rescheduled Official ° 0 ° 0 0 0 ° 0 ° 0 ° 0 0 0 0 0 Private Interest rescheduled 0 () 0 () 0 0 0 0 0 0 0 0 0 () ° () () Official () () 0 0 0 0 0 Private Debt forgi yen () 7 0 0 0 0 0 0 0 () ° 0 0 0 Memo: interest forgiven Debt stock reduction 0 0 0 0 0 0 0 0 0 0 0 ° 0 0 ° 0 0 0 0 of which debt buyback 0 0 0 0 0 0 () 0 Total change in debt stocks 71S 1,20S -553 I,S26 2,S68 2,941 1,666 -2,219 Net flows on debt 292 6S4 259 2,049 1,542 1,566 814 -768 valuation 351 178 -409 -470 732 1,158 286 -1,038 ALL CREDITORS Interest (%) 6.9 6.1 4.0 4,1 5.1 4.3 3.8 3.0 Maturity (years) 14.3 16.7 17.4 17.9 15.1 16.7 14.7 18.9 Grace period (years) 3.8 4.8 8.7 5,9 6.2 7.0 5.6 3.7 Grant element (%) 18.0 21.0 39.7 34.7 28.9 34.1 35.0 41.9 Official creditors Interest ('?o) 6.0 6.2 4.5 4.4 4.0 4.2 3.4 2.8 Maturity (years) 18,0 24.0 16.9 19.4 18.4 16.9 19.0 19.8 Grace period (years) 5.0 4.6 5.6 4.3 4.8 4.1 4.9 3.8 Grant element (%) 25.9 24.5 35.2 34.9 36.7 33.9 42.5 43.7 Private creditors Interest (%) 8.1 6.0 3.5 3.3 6.5 4.5 4.4 4.2 Maturity (years) 9.4 8.5 17,8 12.5 11.3 16.0 8.4 12.0 Grace period (years) 2.1 5.1 11.6 11.9 7.8 15.8 6.6 3.4 Grant element (%) 7.3 17.1 43.7 34.1 19.9 34.7 23.9 28.5 :,"" ON OlJ1'STANDJNQ~~~:~.~: ,<::i:,;<:' <"+;';;, :/\'~;','; ',' ~ /') ,"e- 2006 2007 2008 2009 2010 2011 2012 2013 TOTAL Principal 2,081 1,750 1,436 1,552 1.580 1,759 1,650 1,255 Interest 674 641 582 539 475 419 324 251 Official creditors Principal 1,049 1,016 1,028 LOll 1,049 925 843 740 Interest 337 336 322 297 267 23] 200 172 Bilateral creditors Principal 404 328 306 292 295 263 243 212 Interest 86 84 79 74 67 59 53 46 Multilateral creditors Principal 645 688 722 719 754 662 600 528 Interest 250 252 242 223 200 172 148 125 Private creditors Principal 1,032 734 408 541 531 834 807 515 Interest 338 305 261 242 209 188 123 80 Notes: Private nonguaranteed debt data are World Bank staff estimates based on information from the government. 398 TURKEY (US$ million, unless otherwise indicated) 1995 2004 2005 TOTAL DEBT STOCKS (EDT) 49,424 73,781 117,108 113,161 130,951 145,148 162,404 171,059 Long-term debt (LDOD) 39,924 57,396 84,020 82,699 92,441 98,044 108,328 118,195 Public and publicly guaranteed 38,870 50,317 56,191 54,047 59,987 64,244 68,352 62,580 Private nonguaranteed 1,054 7,079 27,828 28,652 32,455 33,799 39,976 55,614 Use of IMF credit 0 685 4,176 14,117 22,086 24,092 21,507 14,646 Short·term debt 9,500 15,701 28,912 16,345 16,424 23,013 32,569 38,218 of which interest arrears on LDOD 0 0 0 0 0 0 0 0 Official creditors 0 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 0 0 0 0 0 0 0 0 Official creditors 0 0 0 0 0 0 0 0 Pri vate creditors 0 0 0 0 0 0 0 0 TOTAL DEBT )<'LOWS Disbursements 5,243 6,980 26,584 24,288 35,165 20,233 30,706 44,350 Long-term debt 5,243 6,638 23,126 12,963 22,308 18,567 29,530 41,889 IMF purchases 0 341 3,459 11,324 12,857 1,666 1,176 2,461 Principal repayments 4,010 7,020 13,864 16,180 22,052 21,546 25,734 32,840 Long-term debt 3,961 7,020 l3,777 15,075 15,686 19,834 21,054 25,059 IMF repurchases 49 0 87 1,105 6,366 1,712 4,681 7,780 Net flows on debt 4,988 4,350 18,161 ·4,459 13,192 3,076 14,528 17,159 of which short-term debt 3,755 4,391 5,440 -12,567 79 4,389 9,556 5,649 Interest payments (INT) 3,412 4,431 6,867 6,185 5,538 6,723 7.782 9,080 Long-term debt 2,891 3,464 5,015 5,165 4,275 5,227 5,323 6,379 IMF charges 4 24 52 432 813 596 959 951 Short-term debt 517 942 1,800 588 450 900 1,500 1.750 Net transfers on debt 1,576 -80 11,293 .10,644 7,654 -3,647 6,746 8,079 Total debt service paid (TDS) 7,422 11,451 20,731 22,365 27,590 28,269 33,516 41,920 Long-term debt 6,852 10,485 18,792 20,240 19,961 25,061 26.377 31,438 IMF repurchases and charges 53 24 139 1.536 7,179 2,308 5,639 8,731 Short-term debt (interest only) 517 942 1,800 588 450 900 1.500 1.750 NET RESOURCE FLOWS 2,859 1,137 10,907 1,287 8,125 ],534 13,067 32,728 Net flow of long-term debt (ex, IMF) 1,282 -382 9,349 -2,1l2 6,622 -1,267 8,476 16.830 Foreign direct investment (net) 684 885 982 3,352 1,137 1,752 2,883 9,805 Portfolio equity flows 89 195 489 -79 -16 905 1,427 5,669 Grants (excluding technical coop.) 804 439 87 126 381 144 280 424 Memo: technical coop. grants 148 198 85 88 96 137 147 177 NET TRANSFERS ·193 ·2,639 5,613 ·4,187 3,467 ·4,30] 6,703 25,338 Interest on long-term debt 2,891 3,464 5,015 5,165 4,275 5,227 5,323 6,379 Profit remittances on FDI 161 312 279 309 382 608 1.040 1,011 Gross national income (GNn 152,220 171,335 200,887 143,674 182,204 238,317 301,675 361,906 Exports of goods, servo & inc. (XGS) 25,205 41,397 57,636 55.142 58,586 72,187 93,449 107,341 Worker remit. & comp, of employees 3,246 3,327 4,560 2,786 1,936 729 804 851 Imports of goods & services (MGS) 28,949 44,806 67,672 51,957 60,610 80,521 109,376 131,113 International reserves (RES) 7,626 13,891 23,515 19,911 28.348 35.549 37,304 52,494 Cunent account balance -2,625 -2,338 -9.822 3,392 -1,524 -8,036 -15,604 -23,155 EDT I XGS ('?o) 196.1 178,2 203,2 205.2 223.5 201.1 173.8 159.4 EDT I GNI (%) 32,5 43.1 58,3 78,8 71.9 60.9 53,8 47.3 TDS I XGS (%) 29.4 27.7 36.0 40.6 47.1 39,2 35.9 39.1 !NT I XGS (%) 13.5 10,7 11.9 11.2 9,5 9.3 8,3 8.5 !NT I ONI ('Yo) 2.2 2,6 3.4 4.3 3.0 2.8 2,6 2.5 RES I EDT (%) 15.4 18,8 20,1 17.6 21.6 24.5 23,0 30.7 RES I MGS (months) 3,2 3,7 4,2 4,6 5,6 5.3 4,1 4,8 Short-term I EDT (%) 19.2 21.3 24,7 14.4 12,5 15.9 20,1 22.3 Concessionall EDT (%) 15.1 10.2 4.3 3.7 3,5 3.5 3.1 2,3 Multilateral I EDT (%) 19,5 12.1 4.8 5.4 5.1 4,5 4.8 4,5 399 TURKEY (US$ million, unless otlle/wise indicated) 2000 DEBT OUTSTANDING (LDOD) 39,924 57,396 84,020 82,699 92,441 98,044 108,328 118,195 Public and publicly guaranteed 38,870 50,317 56,191 54,047 59,987 64,244 68,352 62,580 Official creditors 18,150 17,324 13;171 12,767 13,681 13,412 14,152 12,462 Multilateral 9,627 8,962 5,672 6,078 6,658 6,559 7,778 7,638 Concessional 825 1,I45 468 271 257 267 338 476 Bilateral 8,523 8,362 7.499 6,689 7,023 6,852 6,374 4,825 Concessional 6,625 6,413 4,530 3,894 4,336 4,827 4,665 3,504 Private creditors 20,720 32,993 43,021 41,279 46,306 50,832 54,200 50,118 of which: Bonds 4,976 13,646 21,766 20,610 22,906 26.431 28,879 28,584 Commercial banks 13,403 15,643 19,411 19,117 22,003 23,311 24,521 21,037 Private nonguaranteed 1,054 7,079 27,828 28,652 32,455 33,799 39,976 55,614 Bonds 16 149 1,784 1,652 1,882 1,529 2,050 4,025 Commercial banks and other 1,038 6,929 26'c)44 27,000 30,572 32,271 37,926 51,589 Memo: mRD 6,272 4,939 3,634 4,707 5,367 5,214 6,153 5,829 IDA 157 130 101 95 89 83 77 71 Public sector LDOD 38,570 50,131 56,174 54,043 59,986 64,198 68,216 62,409 Private sector LDOD 1,354 7,265 27,846 28,656 32,455 33,846 40,112 55,786 DISBURSEMENTS 5,243 6,638 23,126 12,963 22,308 J8,567 29,530 41,889 Public and publicly guaranteed 4,700 4,862 14,245 6,725 7,458 6,924 10,007 7,714 Official creditors 2,138 808 2,764 2,246 1,794 894 2,112 1,011 Multilateral 1,083 466 1.505 1,793 1,161 417 1,844 880 Concessional 12 8 I II 0 25 76 183 Bilateral 1,056 342 1,259 453 633 477 267 131 Concessional 900 117 362 148 371 311 193 108 Private creditors 2,561 4,053 11,481 4,479 5,664 6,031 7,895 6,702 of which: Bonds 644 2,343 7,118 2,138 3,152 4,197 5,739 5,230 Commercial banks 1,435 J,256 4,258 2,171 2,380 1,773 2,131 1,468 Private nonguaranteed 543 1,777 8.881 6,238 14,851 11,643 19,523 34,176 Bonds 0 0 454 0 200 700 3,125 Commercial banks and other Memo: 543 1,777 8,427 6,238 14,651 ° 11,643 18,823 31,051 mRD 627 422 1,291 1,537 1,031 276 1,499 461 IDA 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 3,961 0 7,020 13,777 15,075 15,686 ° 19,834 21,054 25,059 Public and publicly guaranteed 3,677 5,987 6,301 7,696 6,474 8,532 8,148 8,312 Official creditors 1,920 1,991 1,770 2,066 1,568 2,103 1,696 1,981 Multilateral 825 1,229 1,044 1,301 676 710 715 893 Concessional 23 54 32 182 25 27 15 14 Bilateral 1,094 762 726 764 892 1,394 980 L088 Concessional 364 465 440 407 412 429 557 767 Pri vate creditors 1,758 3,996 4,531 5,630 4,907 6,429 6,452 6,330 of which: Bonds 47 1,716 1,869 2,507 2,553 2,939 4,083 3,993 Commercial banks 1,204 1,579 1,808 2,614 1,993 3,028 2,034 2,073 Private nonguaranteed 283 1,033 7,476 7,379 9,211 11,303 12,906 16,748 Bonds 0 0 124 0 431 172 1,150 Commercial banks and other Memo: 283 1,033 ° 7,476 7,255 9,211 10,872 12,734 15,598 mRD 620 882 486 432 437 496 580 755 IDA 4 6 6 6 6 6 6 6 INTEREST PAYMENTS (LINT) 2,891 3,464 5,015 5,165 4,275 5,227 5,323 6,379 Public and publicly guaranteed 2,830 3,126 3,481 3,848 3,643 3,972 4,095 4,374 Official creditors 1.043 977 678 713 578 520 453 610 Multilateral 688 656 373 413 338 292 266 447 Concessional 30 44 13 II 9 8 9 12 Bilateral 355 321 305 300 240 228 188 164 Concessi on al 172 204 137 112 105 103 109 95 Private creditors 1,787 2,149 2,803 3,135 3,065 3,452 3,642 3,764 of which: Bonds 383 1,074 1,598 1,847 1,929 2,291 2,563 2,668 Commercial banks 1,204 782 1,069 1,167 1,051 1,086 1,028 1,060 Private nonguaranteed 61 339 1,533 1,317 632 1,255 1,228 2,005 Bonds 1 13 126 195 183 189 165 338 Commercial banks and other 60 326 1,407 1,122 450 1,065 1,063 1,667 Memo: mRD 511 396 237 291 271 232 201 248 IDA I 1 I 1 I I I 1 400 TURKEY (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 ·6.cUIl~c1i{!O~()N.(j"'t1BQCANDM~~~'P~A~EEDDQ'J;"~~~C Euro 25.4 25.2 25.7 25.8 24.3 Japanese yen 12.1 23.3 12.6 9.3 8.6 6.9 5.0 3.9 Pound sterling 0.8 0.9 0.8 0.7 0.6 0.2 0.1 0.1 Swiss franc 5.2 2.9 0.3 0.2 0.3 0.3 0.3 0.3 U.S.dollars 40.0 38.3 57.6 63.4 64.5 66.2 68.3 71.0 ;1:iD~bSTBV~S Total amount rescheduled 0 0 0 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 0 Principal rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Interest rescheduled 0 0 0 0 0 0 0 0 Official 0 0 0 0 0 0 0 0 Private 0 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 0 of which debt buyback 0 0 0 0 0 0 0 0 Total change in debt stocks 7.847 7.532 15,115 -3,947 17,791 14,197 17,256 8,655 Net flows on debt 4,988 4.350 18,161 -4,459 13,192 3,076 14,528 17,159 1,874 675 -1,998 -1,826 4,293 5,779 2,516 -4,478 j)~:~~~:E~QFNEWCO~NTS:~'''.····· " ALL CREDITORS Interest (%) 8.4 6.2 8.2 6.6 6.2 7.5 5.6 5.0 Maturi ty (years) 10.2 5.4 11.6 9.8 9.3 9.1 13.7 16.7 Grace period (years) 4.6 2.9 7.7 4.3 4.7 6.5 10.3 10.4 Grant element (%) 9.2 11.5 5.7 17.9 17.1 12.0 24.4 32.8 Official creditors Interest (% ) 6.7 5.4 6.9 4.3 3.4 4.0 2.7 2.7 Maturity (years) 17.0 17.7 15.1 14.8 14.8 17.5 17.8 24.9 Grace period (years) 7.3 5.7 5.0 5.0 5.1 5.4 5.3 6.8 Grant element (%) 23.4 27.6 17.9 32.7 36.4 36.6 45.5 52.4 Private creditors Interest (%) 9.4 6.3 8.5 8.6 7.6 7.8 6.4 6.0 Maturity (years) 6.5 4.5 10.8 5.6 6.5 8.4 12.4 13.1 Grace period (years) 3.2 2.7 8.3 3.6 4.4 6.5 11.8 12.0 Grant element (%) 1.5 10.3 2.7 5.4 7.4 10.0 18.2 24.2 ."~~;;~9~cmAt..~.U~~~~:;~·~~4M)lNQ,fi.n_#._~t;·. ~'(~;~,~:~0~~~?~2:~ ~\~~,?;,: :c:~:~~r,~;:: "',,"':,"',,';;','>:;:, ,'''':1'' "'z"("~<; 2006 2007 2008 2009 2010 2011 2012 2013 TOTAL Principal 21,883 15,626 12,590 11,946 10,700 6,910 7,328 4,621 Interest 6,779 6,065 5,109 4,496 3,794 3,281 2,668 2,284 Official creditors Principal 1,568 1,509 1.457 1.555 1,488 1,400 1,320 1,269 Interest 586 580 549 508 451 398 346 296 Bilateral creditors Principal 667 632 575 616 457 349 310 296 Interest 158 146 130 113 87 74 65 57 Multilateral creditors Principal 901 877 881 939 1,031 1,051 1,010 973 Interest 428 434 420 395 363 323 281 239 Private creditors Principal 20,315 14,117 11,134 10,391 9,212 5,510 6,008 3,352 Interest 6,193 5,485 4,560 3,988 3,343 2,883 2,321 1,989 Notes: Long-term debt data include nonresident deposits made under the Dresdner Bank scheme, amounting to $14.2 billion at end-200S. 401 TURKMENISTAN (US$ million, unless otherwise indicatedj 2000 2001 TOTAL DEBT STOCKS (EDT) 402 2,549 2,285 1,978 1,704 1,481 1,092 Long-term debt (LDOD) 385 2,317 1,895 1,632 1,408 1,226 945 Public and publicly guaranteed 385 2,300 1,870 1,586 1,363 1.185 912 Private nonguaranteed 0 17 25 46 45 41 33 Use of IMF credit 0 0 0 0 0 0 0 Short-term debt 17 232 390 346 296 255 147 of which interest arrears on LDOD 9 7 10 5 5 5 5 Official creditors 5 5 7 3 5 5 5 Pri vate creditors 5 2 3 2 0 0 0 Memorandum items Principal arrears on LDOD 130 148 101 52 21 24 17 Official creditors 115 11 13 15 21 23 17 Private creditors 15 137 88 37 0 1 0 TOTAL DEBT FLOWS Disbursements 113 438 138 75 150 126 89 Long-term debt 113 438 138 75 ISO 126 89 IMF purchases 0 0 0 0 0 0 0 Principal repayments 80 352 428 461 429 353 262 Long-term debt 80 352 428 461 429 353 262 IMF repurchases 0 0 0 0 0 0 0 Net flows on debt -39 7 -135 -425 -330 -268 -281 of which short-term debt -72 -79 155 -39 -50 -41 -108 Interest payments (INT) 24 116 113 97 53 49 45 Long-term debt 22 103 100 85 43 39 38 ItvIF charges 0 0 0 0 0 0 0 Short-term debt 2 13 13 13 10 10 7 Net transfers on debt -63 -109 -249 -523 -383 -317 -326 Total debt service paid (TDS) 104 468 541 559 483 402 307 Long-term debt 102 455 528 546 473 393 300 IMF repurchases and charges 0 0 0 0 0 0 0 Short-term debt (interest only) 2 13 13 13 10 10 7 l'."ET RESOURCE FLOWS 267 218 -110 -280 ·174 -237 -104 Net flow of long-term debt (ex. IMF) 33 85 -290 -386 -280 -227 -173 Foreign direct investment (net) 233 126 170 100 100 -15 62 Portfolio equity flows 0 0 0 0 0 0 0 Grants (excluding technical coop.) I 7 10 7 6 5 7 Memo: technical coop. grants 13 12 16 17 12 28 24 NET TRANSFERS 245 116 -210 -364 -217 -277 -142 Interest on long-term debt 22 103 100 85 43 39 38 Profit remittances on FDI 0 0 0 0 0 0 0 Gross national income (GNl) 2,468 2,675 3,338 4,340 5,900 6.634 7,504 Exports of goods, servo & inc. (XGS) Worker remit. & compo of employees 0 0 0 0 0 0 0 Imports of goods & services (MGS) International reserves (RES) 1,168 Current account balance EDT I XGS (%) EDT/GNI(%) 16.3 95.3 68.4 45.6 28.9 22.3 14.6 TDS I XGS ('Ąo) tNT I XGS ('Ąo) tNT I GNI ('Ąo) 1.0 4.3 3.4 2.2 0.9 0.7 0.6 RES/EDT(%) 290.4 RES I MGS (months) Short-term I EDT (%) 4.3 9.1 17.1 17.5 17.4 17.2 13.5 Concessionall EDT (%) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Multilateral I EDT (%) 14.5 1.9 2.3 2.7 2.8 3.2 3.8 402 TURKMENISTAN (US$ million, unless otherwise indicated) 2000 2001 2002 2003 2004 2005 DEBT OUTSTANDING (LDOD) 385 2,317 1,895 1,632 1,408 1,226 945 Public and publicly guaranteed 385 2,300 1,870 1,586 1,363 1,185 912 Official creditors 219 867 826 822 851 814 649 Multilateral 58 48 54 54 48 47 41 COllcessional 0 0 0 0 0 0 0 Bilateral 16! 819 772 768 803 767 607 Concessional 20 558 541 556 611 606 501 Private creditors 166 1,433 1,045 764 512 371 263 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 240 228 2]0 204 178 125 Private nonguaranteed 0 17 25 46 45 41 33 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 17 25 46 45 41 33 Memo: IBRD 1 28 30 31 30 31 29 IDA 0 0 0 0 0 0 0 Public sector LDOD 385 2,300 1,870 1,586 1,363 1,185 912 Private sector LDOD 0 17 25 46 45 41 33 DISBURSEMENTS 113 438 138 7S 150 126 89 Public and publicly guaranteed 113 429 107 23 81 65 25 Official creditors 32 300 89 23 81 65 25 Multilateral 1 29 8 2 0 4 0 Concessional 0 0 0 0 0 0 0 Bilateral 31 271 81 21 81 62 24 Concessional 0 263 70 21 81 62 24 Private creditors 81 128 19 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 91 17 0 0 0 0 Private nonguaranteed 0 9 30 52 68 61 64 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 9 30 52 68 61 64 Memo: IBRD 1 20 3 2 0 3 0 IDA 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 80 352 428 461 429 353 262 Public and publicly guaranteed 80 347 406 429 360 289 190 Official creditors 20 44 45 94 134 130 113 Multilateral 0 5 2 4 8 5 5 Concessional 0 0 0 0 0 0 0 Bilateral 20 39 43 90 126 125 108 Concessional 0 9 17 55 89 90 64 Private creditors 61 303 361 335 226 159 77 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 13 20 42 33 36 35 Private nonguaranteed 0 6 21 33 70 65 72 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 6 21 33 70 65 72 Memo: IBRD 0 1 1 2 2 2 2 IDA 0 0 0 0 0 0 0 INTEREST PAYMENTS (LINT) 22 103 100 85 43 39 38 Public and publicly guaranteed 22 102 99 84 42 38 36 Official creditors 12 29 26 34 23 23 23 Multilateral 2 2 2 1 2 2 2 Concessional 0 0 0 0 0 0 0 Bilateral 10 26 23 33 21 22 21 Concessional 0 10 13 18 14 15 15 Private creditors 10 73 73 49 19 14 13 of which: Bonds 0 0 0 0 0 0 0 Commercial banks 0 8 8 14 5 6 6 Private nonguaranteed 0 1 1 1 1 2 2 Bonds 0 0 0 0 0 0 0 Commercial banks and other 0 I I 1 1 2 2 Memo: IBRD 0 1 2 1 I 1 I IDA 0 0 0 0 0 0 0 403 TURKMENISTAN (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 18,4 21.8 3],0 37.7 38.5 Japanese yen 0.0 32,4 34.9 40.0 38.4 39.2 37.9 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0,0 0,0 0.0 U.S,doliars 72.1 50.8 45.4 35.3 26.9 18.4 17.5 Total amount rescheduled 0 48 0 0 0 0 0 Debt stock rescheduled 0 0 0 0 0 0 0 Principal rescheduled 0 47 13 0 0 0 0 Official 0 47 0 0 0 0 0 Private 0 0 13 0 0 0 0 Interest rescheduled 0 1 0 0 0 0 0 Official 0 I 0 0 0 0 0 Private 0 0 0 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 Debt stock reduction 0 0 0 0 0 0 0 of which debt 0 0 0 0 0 0 0 Total change in debt stocks -29 -113 -264 -307 -274 -223 -389 Net flows on debt -39 7 -135 -425 -330 -268 -281 6 -90 -115 132 139 49 -115 ALL CREDITORS Interest (% ) 6.3 4.0 3.4 4.0 3.0 0.0 1,4 Maturity (years) 8.0 10.2 12,9 12.7 10.1 0.0 13.8 Grace period (years) 2,0 3.7 4.5 3.5 3,4 0.0 6.0 Grant element (%) 12.9 27.9 36.0 30.9 32.2 0.0 51.5 Official creditors Interest (%) 4.4 4.0 3,4 4,0 3,0 0.0 1,4 Maturity (years) 13.4 10.2 12.9 12.7 10.1 0.0 13.8 Grace period (years) 2.8 3.7 4.5 3,5 3.4 0,0 6.0 Grant element (%) 24.4 27.9 36,0 30,9 32.2 0.0 51.5 Private creditors Interest (%) 6.5 0.0 0.0 0,0 0.0 0.0 0.0 Maturity (years) 7.4 0,0 0.0 0.0 0.0 0.0 0.0 Grace period (years) 1.9 0.0 0.0 0.0 0,0 0.0 0.0 Grant element (%) 11.8 0.0 0.0 0.0 0.0 0.0 0.0 2006 2007 2008 2009 2010 2011 TOTAL Principal 187 177 147 139 114 82 24 22 Interest 34 26 20 14 9 6 4 3 Official creditors Principal 118 113 90 90 73 66 24 22 Interest 20 16 13 10 7 5 4 3 Bilateral creditors Principal 112 109 86 86 69 61 20 19 Interest 18 14 11 8 6 4 3 2 Multilateral creditors Principal 6 4 4 4 4 4 4 3 Interest 2 2 2 1 1 I I Private creditors Principal 69 64 57 49 41 16 0 0 Interest 14 10 7 4 2 0 0 0 Notes: Country reassumed reporting in 2005 and provided historical data from 2000-2005. 404 UGANDA (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 TOTAL DEBT STOCKS (EDT) 2,584 3,583 3,498 3,733 3,993 4,575 4,790 4,463 Long-term debt (LDOD) 2,162 3,073 3,052 3,306 3,578 4,190 4,461 4,250 Public and publicly guaranteed 2,162 3,073 3,052 3,306 3,578 4,190 4,461 4,250 Private nonguaranteed 0 0 0 0 0 0 0 0 Use of IMF credit 282 417 316 275 257 236 192 131 Short-term debt 140 93 130 151 159 149 137 81 of which interest arrears on LDOD 83 59 58 78 75 74 78 31 Official creditors 32 47 56 77 73 74 78 31 Private creditors 51 12 2 2 2 0 0 0 Memorandum items Principal arrears on LDOD 215 213 125 188 208 199 209 80 Official creditors 93 148 109 165 187 199 209 80 Pri vate creditors 122 64 16 23 21 0 0 0 TOTAL DEBT FLOWS Disbursements 372 290 230 355 163 349 215 236 Long-tenn debt 293 234 219 344 162 343 212 230 IMF purchases 79 56 12 11 2 6 3 6 Principal repayments 109 97 48 33 45 57 66 136 Long-tenn debt 65 69 26 18 26 32 37 100 IMF repurchases 43 28 21 15 19 25 29 36 Net flows on debt 269 189 177 324 129 283 133 91 of which short-tenn debt 6 -4 -6 1 11 -9 -15 -10 Interest payments (lNT) 36 38 26 18 25 27 37 36 Long-tenn debt 18 34 21 12 23 25 34 33 IMFcharges 13 2 2 I I 1 1 0 Short -tenn debt 5 2 4 4 1 I 2 3 Net transfers on debt 233 150 151 306 104 256 96 55 Total debt service paid (TDS) 145 135 74 50 71 84 103 172 Long-tenn debt 84 103 47 30 49 57 71 133 IMF repurchases and charges 56 30 23 16 20 26 30 36 Short-tenn debt (interest only) 5 2 4 4 1 1 2 3 NET RESOURCE .FLOWS 479 687 880 854 815 1,048 1,314 1,159 Net flow of long-tenn debt (ex. IMF) 227 165 192 326 135 311 175 131 Foreign direct investment (net) -6 121 161 151 185 202 222 257 Portfolio equity flows 0 0 0 I 1 I 2 Grants (excluding technical coop.) Memo: technical coop. grants 257 91 ° 400 147 527 129 376 136 494 154 534 177 916 214 769 235 NET TRANSFERS 460 593 841 776 730 940 1,185 1,014 Interest on long-tenn debt 18 34 21 12 23 25 34 33 Profit remittances on FDI 0 60 19 66 63 83 96 112 Gross national income (Gt-1) 4,227 5,698 5.785 5,540 5,702 6,113 6,666 8,557 Exports of goods, servo & inc. (XGS) 178 682 954 1.072 1,150 1.162 1,487 1,869 Worker remit & compo of employees 0 238 342 421 384 Imports of goods & services (MGS) International reserves (RES) 734 44 ° 1,603 459 1,574 808 1,684 983 1,758 934 306 1,919 1,080 2.339 1,308 476 2.791 1,344 Current account balance -263 -281 -359 -369 -362 -354 -192 -259 EDT/XGS (%) J ,453.1 525.4 366.6 348.1 347.2 393.7 322.0 238.8 EDT/GNI(%) 61.1 62.9 60.5 67.4 70.0 74.8 71.8 52.2 lDS I XGS (%) 81.4 19.8 7.8 4.7 6.1 7.2 6.9 9.2 tNT IXGS (%) 20.2 5.6 2.7 1.6 2.2 2.4 25 1.9 !NT I GNI(%) 0.8 0.7 0.5 0.3 0.4 0.4 0.6 0.4 RES I EDT (%) 1.7 12.8 23.1 26.3 23.4 23.6 27.3 30.1 RES I MGS (months) 0.7 3A 6.2 7.0 6.4 6.8 6.7 5.8 Short-tenn! EDT (%) 5.4 2.6 3.7 4.1 4.0 3.2 2.9 1.8 Concessional / EDT (%) 56.2 77.4 83.4 81.9 85.5 87.2 88.7 89.4 Multilateral! EDT (%) 49.2 61.8 75.3 75.7 79.4 83.1 86.2 88.8 405 UGANDA (US$ million, unless otherwise indicated) 1990 1995 2000 DEBT OUTSTANDING (LDOD) 2,162 3,073 3,052 3,306 3,578 4,190 4,461 4,250 Public and publicly guaranteed 2,162 3,073 3,052 3,306 3,578 4,190 4,461 4,250 Official creditors 1,827 2,986 3,028 3,273 3,548 4,174 4,437 4,224 Multilateral 1,271 2,216 2,635 2,825 3,171 3,803 4,128 3,963 Concessional 1.129 2.134 2,578 2,777 3,105 3,673 3,995 3,861 Bilateral 556 770 393 449 377 371 309 261 Concessional 322 639 338 282 310 314 252 127 Private creditors 335 87 24 33 30 17 24 27 of which: Bonds 4 4 4 4 4 0 0 0 Commercial banks 89 21 9 12 4 4 3 2 Private nonguaranteed Bonds Commercial banks and other 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ° 0 0 ° 0 0 0 0 0 Memo: ffiRD 34 0 0 0 0 0 0 0 IDA 935 1,792 2,115 2,310 2,576 3,061 3,303 3,141 Public sector LDOD 2.157 3,066 3,047 3,300 3,573 4,185 4,455 4.245 Private sector LDOD 4 7 6 6 5 5 5 5 DISBURSEMENTS 293 234 219 344 162 343 212 230 Public and publicly guaranteed 293 234 219 344 162 343 212 230 Official creditors 254 234 219 340 156 335 204 227 Multilateral 219 213 218 338 136 335 204 227 Concessional 215 203 217 338 135 282 204 220 Bilateral 36 21 0 2 21 0 0 0 Concessional 23 20 0 0 20 0 0 0 Pri vale creditors 38 0 0 4 5 8 8 4 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 4 0 0 4 0 0 0 0 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRD 0 0 0 0 0 0 0 0 IDA 199 159 190 298 109 260 138 133 PRINCIPAL REP A YMENTS 65 69 26 18 26 32 37 100 Public and publicly guaranteed 65 69 26 18 26 32 37 100 Official creditors 44 60 25 17 26 31 36 99 Multilateral 19 49 9 14 21 26 30 35 Concessional 4 18 7 7 17 19 21 25 Bilateral 25 11 16 3 4 5 6 64 Concessional 4 4 10 3 3 4 4 4 Private creditors 22 9 I 1 1 I 1 I of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 14 7 1 1 I I 1 1 Private nonguaranteed 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRD 4 12 0 0 0 0 0 0 IDA 2 8 3 5 14 16 17 21 INTEREST PAYMENTS (LINT) 18 34 21 12 23 25 34 33 Public and publicly guaranteed 18 34 21 12 23 25 34 33 Official creditors 17 32 20 10 22 25 34 33 Multilateral 13 22 10 \0 20 23 32 31 Concessional 6 16 9 10 19 22 30 30 Bilateral 4 10 11 2 2 2 2 Concessional 1 7 7 2 I 2 1 Private creditors I 2 0 2 0 0 0 0 of which: Bonds 0 0 0 0 0 0 0 0 Commercial banks 1 2 0 2 0 0 0 0 Private nonguarantced 0 0 0 0 0 0 0 0 Bonds 0 0 0 0 0 0 0 0 Commercial banks and other 0 0 0 0 0 0 0 0 Memo: ffiRD 2 I 0 0 0 0 0 0 IDA 5 13 6 9 15 18 24 24 406 UGANDA rUSs million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 Euro 1.8 2.2 3.2 3.0 2.7 Japanese yen 0.3 1.2 1.8 1.4 1.5 1.4 0.0 0.0 Pound sterling 6.7 2.1 0.6 0.4 0.1 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 53.4 66.5 62.4 66.3 65.3 66.5 67.8 67.7 Total amount rescheduled 16 172 35 a 1 24 3 154 Debt stock rescheduled a 142 38 0 I 10 0 a Principal rescheduled 4 0 0 0 0 8 0 108 Official 3 0 0 0 0 2 0 108 Private a 0 0 0 a 6 0 0 Interest rescheduled 1 30 0 0 0 I 0 47 Official I 30 0 0 0 0 0 47 Private 0 0 0 a a 1 0 0 Debt forgiven 51 0 13 24 17 26 31 34 Memo: interest forgiven I 1 11 9 3 5 3 2 Debt stock reduction a 40 165 0 108 9 58 a of which debt 0 0 0 0 0 0 0 0 Total change in debt stocks 406 210 -I 234 261 582 215 -327 Net flows on debt 269 189 177 324 129 283 133 91 valuation 201 49 -150 -122 224 293 142 -317 ALL CREDITORS Interest (%) 1.0 0.9 1.0 0.8 0.8 0.7 0.9 0.6 Maturity (years) 33.0 39.2 39.2 39.7 37.4 46.4 24.8 45.9 Grace period (years) 9.0 10.0 7.7 11.3 9.5 10.3 6.4 10.0 Grant element (%) 68.4 79.4 74.9 79.9 76.8 82.4 63.1 82.4 Official creditors Interest (%) 1.1 0.9 0.8 0.8 0.8 0.7 0.9 0.6 Maturi ty (years) 36.5 39.2 40.0 39.7 37.5 46.4 24.8 45.9 Grace period (years) 9.9 10.0 7.9 11.3 9.5 10.3 6.4 10.0 Grant element (%) 74.9 79.4 76.7 79.9 76.8 82.4 63.1 82.4 Private creditors Interest (%) 0.5 0.0 7.5 0.0 8.0 0.0 0.0 0.0 Maturity (years) 1.3 0.0 8.2 0.0 2.2 0.0 0.0 0.0 Grace period 0.7 0.0 2.8 0.0 0.7 0.0 0.0 0.0 Grant element 8.8 0.0 9.6 0.0 2.3 0.0 0.0 0.0 2006 2007 2008 2009 2010 2011 2012 TOTAL Principal 90 97 104 109 112 126 133 143 Interest 35 35 35 34 34 33 33 32 Official creditors Principal 90 97 103 109 112 126 133 143 Interest 35 35 35 34 34 33 32 32 Bilateral creditors Principal II 10 10 9 9 9 7 6 Interest 2 2 1 1 1 I I 1 Multilateral creditors Principal 79 86 93 100 102 117 126 137 Interest 33 33 33 33 33 32 32 31 Private creditors Principal 1 1 0 0 1 0 0 a Interest 0 0 0 0 a 0 0 0 Notes: Debt reduction: As a result of the September 2000 Paris Club agreement on Lyon terms, the stock of debt was reduced by $165 million at the end of 2000. 407 UKRAINE (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 TOTAL DEBT STOCKS (EDT) 8.429 12,190 20,528 21,714 23,991 30,186 33,297 Long-term debt (LDOD) 6,664 9,670 10,060 11,024 13,140 18,140 20,047 Public and publicly guaranteed 6,581 8.142 8,099 8,272 8,891 10,590 10,458 Private nonguaranteed 84 1,528 1,961 2,752 4,250 7,551 9,588 Use of IMF credit 1,542 2,073 1,911 1,876 1,836 1,605 1,188 Short-term debt 223 447 8.557 8,814 9,015 10,440 12,063 of which interest arrears on LDOD 35 183 149 8 158 185 110 Official creditors 5 25 17 0 0 0 0 Pri vate creditors 30 159 132 8 158 185 110 Memorandum items Principal arrears on LDOD 88 567 611 351 257 288 240 Official creditors 17 143 294 282 0 0 0 Pri vate creditors 71 424 317 69 257 288 240 TOTAL DEBT FLOWS Disbursements 1,997 1,638 2,148 2,861 4,496 8,333 7,969 Long-term debt 801 l,387 1,778 2,861 4,496 8,333 7,969 IMF purchascs 1.196 251 370 0 0 0 0 Principal repayments 636 2,952 1,645 2,617 3,151 3,524 4,411 Long-term debt 636 2,103 1,185 2,434 2,949 3,225 4, III IMF repurchases 0 849 460 182 202 299 300 Net flows on debt 1,337 -1,287 833 643 1,396 6,207 5,257 of which short -term debt -24 26 329 399 50 1,398 1.698 Interest payments (INT) 501 709 757 865 776 1,069 1,479 Long-term debt 447 573 540 550 475 677 1.036 IMFcharges 42 [22 87 55 35 45 50 Short-tenn debt 12 14 130 260 266 347 393 Net transfers on debt 836 -1,996 76 -222 619 5,139 3,777 Total debt service paid (TDS) 1,137 3,661 2,401 3,482 3,927 4,593 5,890 Long-term debt 1.083 2,676 1,724 2,984 3,424 3,902 5,147 IMF repurchases and charges 42 971 547 238 238 344 350 Short-tenn debt (interest only) 12 14 130 260 266 347 393 :-.iET RESOURCE FLOWS 497 -14 867 -717 1,400 6,919 11,939 Net flow of long-term debt (ex, IMF) 165 -716 593 427 1.548 5,108 3,858 Foreign direct investment (nct) 267 595 792 693 1,424 1,715 7,808 Portfolio equity flows 0 -193 -734 -1.958 -1,705 -61 82 Grants (excluding technical coop.) 64 299 216 122 133 157 191 Memo: technical coop, grants 120 241 303 369 199 209 228 NET TRANSFERS 49 -630 248 -1,371 834 6,062 10,635 Interest on long -term debt 447 573 540 550 475 677 1,036 Profit remittances on FDI 0 43 79 105 90 180 268 Gross national income (GNI) 47.438 30,320 37,342 41,787 49,552 64,183 81,887 Exports of goods, servo & inc. (XGS) 17,337 19,665 21,337 23,649 29,392 41,873 45,372 Worker remit. & compo of employees 0 33 141 209 330 411 595 Imports of goods & services (MGS) 18,961 19,032 21,307 22,263 28,500 37,347 45,450 International reserves (RES) 1,069 1,477 3,089 4,414 6.938 9,526 19,388 Current account balance -1,152 1,481 1.402 3,174 2,891 6,909 2,531 EDT/XGS (%) 48.6 62.0 96.2 91.8 81.6 72.1 73.4 EDT IGNI(%) 17,8 40.2 55.0 52.0 48,4 47,0 40,7 TDS/XGS (%) 6.6 18.6 11.3 14.7 13.4 11.0 13,0 INT I XGS (%) 2.9 3.6 3.5 3.7 2,6 2,6 3.3 INT I GNI(%) l.l 2.3 2.0 2.1 1.6 1.7 1.8 RES/EDT(%) 12.7 12.1 15.0 20.3 28,9 31.6 58.2 RES I MGS (months) 0.7 0.9 1.7 2.4 2.9 3.1 5.1 Short-term I EDT (%) 2.6 3.7 41.7 40.6 37.6 34,6 36.2 Concessionall EDT (%) 0.0 0,0 0.0 0,0 0.0 0,0 0.0 Multilateral I EDT (%) 7,8 19.5 12.9 IL9 11.3 8.6 8.3 408 UKRAINE (US$ million, unless otherwise indicated) 1995 2000 2005 DEBT OUTSTANDING (LI)OD) 6,664 9,670 10,060 11,024 13,140 18,140 20,047 Public and publicly guaranteed 6,581 8,142 8,099 8,272 8,891 10,590 10,458 Official creditors 4,346 5,005 5,537 5,529 5,580 5,313 5,123 Multilateral 659 2,377 2,638 2,594 2,708 2,600 2,768 Concessional 0 0 0 0 0 0 0 Bilateral 3,687 2,628 2,899 2,935 2,872 2,713 2,355 Concessional 64 2,257 2,361 2,327 2,238 2,122 1,927 Private creditors 2.235 3,136 2,561 2,743 3.311 5,276 5,336 of which: Bonds 1,200 2,379 2,211 2,523 2,150 2,957 2,958 Commercial banks 130 134 93 62 74 1,259 1,349 Private nonguaranteed 84 1,528 1,961 2,752 4,250 7,551 9,588 Bonds 0 0 0 0 0 100 550 Commercial banks and other 84 1,528 1,961 2,752 4,250 7,45] 9,038 Memo: llRD 491 1,991 2,248 2,233 2,271 2,168 2,429 IDA 0 0 0 0 0 0 0 Public sector LDOD 6,581 8,117 8,092 8,268 8,883 10.579 10,442 Private sector LDOD 84 1,553 1,967 2,756 4,257 7,561 9,605 DISBURSEMENTS 801 1,387 1,778 2,861 4,496 8,333 7,969 Public and publicly guaranteed 732 183 497 501 1,212 2,646 1,415 Official creditors 550 151 489 101 212 108 567 Multilateral 525 129 477 98 208 104 560 Concessional 0 0 0 0 0 0 0 Bilateral 25 22 12 3 3 4 7 Concessional 25 16 8 1 0 0 1 Private creditors 182 32 8 400 1,000 2,538 847 of which: Bonds 0 0 0 399 0 1,358 747 Commercial banks 0 14 0 0 0 1,180 100 Private nonguaranteed 69 1,204 1,281 2,360 3,285 5,688 6,554 Bonds 0 0 0 0 0 100 450 Commercial banks and other 69 1,204 1,281 2,360 3,285 5,588 6,104 Memo: llRD 401 113 364 45 95 33 484 IDA 0 0 0 0 0 0 0 PRINCIPAL REPAYMENTS 636 2,103 1,185 2,434 2,949 3,225 4,111 Public and publicly guaranteed 595 1,257 413 697 1,038 1,124 1,216 Official creditors 165 1,215 260 361 393 493 569 Multilateral 127 70 154 249 224 288 288 Concessional 0 0 0 0 0 0 0 Bilateral 38 1,145 106 112 169 205 281 Concessional 0 1.100 98 110 126 128 165 Private creditors 430 42 153 337 645 632 647 of which: Bonds 200 33 133 298 555 601 622 Commercial banks 2 2 14 I 1 0 0 Private nonguaranteed 40 845 772 1,737 1,911 2,101 2,895 Bonds 0 0 0 0 0 0 0 Commercial banks and other 40 845 772 1,737 I,911 2,101 2,895 Memo: llRD 0 24 60 121 130 166 168 IDA 0 0 0 0 0 0 0 INTEREST PAYMENTS (LINT) 447 573 540 550 475 677 1,036 Public and publicly guaranteed 440 502 456 446 324 425 563 Official creditors 306 149 176 160 137 109 134 Multilateral 13 141 134 93 76 68 91 Concessional 0 0 0 0 0 0 0 Bilateral 293 8 42 67 61 41 43 Concessional 1 3 9 30 16 15 16 Private creditors 134 352 280 286 187 316 429 of which: Bonds 87 344 240 228 144 222 222 Commercial banks 3 8 6 7 2 13 128 Private nongnaranteed 7 71 83 104 152 252 473 Bonds 0 0 0 0 0 0 41 Commercial banks and other 7 71 83 104 152 252 432 Memo: ffiRD 8 1I8 III 77 62 56 76 IDA 0 0 0 0 0 0 0 409 UKRAINE (US$ million, unless otherwise indicated) 1990 1995 2000 2001 2002 2003 2004 2005 Euro 22.6 23.0 21.5 15.9 17.2 Japanese yen 0.0 2.0 1.8 1.9 1.8 1.4 1.1 Pound sterling 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Swiss franc 0.0 0.0 0.0 0.0 0.0 0.0 0.0 U.S.dollars 63.3 53.2 55.3 55.7 62.4 71.6 72.2 Total amount rescheduled 2.535 2,185 515 167 282 0 0 Debt stock rescheduled 0 1,870 5 0 0 0 0 Principal rescheduled 969 252 455 169 282 0 0 Official 969 0 71 27 282 0 0 Private 0 252 384 141 0 0 0 Interest rescheduled 165 8 31 0 0 0 0 Official 165 0 6 0 0 0 0 Private 0 8 25 0 0 0 0 Debt forgiven 0 0 0 0 0 0 0 Memo: interest forgiven 0 0 0 0 0 0 0 Debt stock reduction 0 0 2 0 0 0 0 of which debt buyback 0 0 0 0 0 0 0 Total change in debt stocks 2,793 -1,760 8.338 1,187 2,277 6,194 3,112 Net tlows on debt 1,337 -1,287 833 643 1,396 6,207 5,257 Cross-currency valuation 70 -369 -232 587 659 267 -424 ALL CREDITORS Interest (%) 5.2 7.3 4.0 9.6 6.0 7.5 4.4 Maturity (years) 12.2 15.2 20.1 6.8 13.5 6.9 15.8 Grace period (years) 4.2 4.5 5.6 4.5 8.3 4.4 8.0 Grant element (%) 23.8 14.9 40.1 4.2 25.0 9.7 37.1 Official creditors Interest (%) 4.7 7.3 4.0 3.1 3.0 2.5 3.5 Maturity (years) 13.4 15.2 20.1 18.9 19.8 19.6 20.9 Grace period (years) 4.8 4.5 5.6 5.3 5.3 5.1 6.1 Grant element (%) 27.2 14.9 40.1 45.1 46.3 49.2 44.0 Private creditors Interest (%) 6.5 0.0 0.0 11.0 7.7 7.6 5.2 Maturity (years) 8.0 0.0 0.0 4.3 10.0 6.7 10.7 Grace period 2.5 0.0 0.0 4.3 10.0 4.4 9.9 Grant element 12.6 0.0 0.0 -4.3 13.3 9.2 30.3 2006 2007 2008 2009 2010 2011 TOTAL Principal 3,215 2.245 2,551 3,122 1,632 1.825 960 1,720 Interest ],340 J,103 983 788 595 409 361 236 Official creditors Principal 569 525 467 495 482 477 464 440 Interest 193 176 164 151 136 120 103 87 Bilateral creditors Principal 271 236 201 193 182 172 172 173 Interest 40 32 27 22 17 13 10 6 Multilateral creditors Principal 297 289 266 302 300 304 291 268 Interest 153 143 137 129 118 107 94 81 Private creditors Principal 2,646 1,720 2,083 2,627 1,150 1,348 496 1,280 Interest 1,147 927 820 637 460 289 257 149 Notes: Short-term debt data until 2002 are World Bank staff estimates, from 2003 data are based on National Bank of Ukraine information. 410 URUGUAY (US$ million, unless otherwise indicated) 1995 2000 2001 2003 2004 TOTAL DEBT STOCKS (EDT) 4,415 5,318 8,113 9,628 10,570 11,429 14,784 14,551 Long-term debt (LDOD) 3,114 3,960 6,048 6,556 7,177 7,568 7,900 8,286 Public and publicly guaranteed 3,045 3,833 5.513 6,031 6,684 7,094 7,438 7,866 Pri vate nonguaranteed 69 127 535 525 494 474 462 421 Use of IMF credit 101 21 149 144 1,793 2,416 2,684 2,304 Short-term debt 1,201 1,336 1,917 2,929 1,600 1,445 4,200 3,961 of which interest arrears on LDOD 0 0 0 0 0 0 0 0 Official creditors 0 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 Memorandum items Principal arrears on LDOD 0 0 0 0 0 0 0 0 Official creditors 0 0 0 0 0 0 0 0 Private creditors 0 0 0 0 0 0 0 0 TOTAL DEBT FLOWS Disbursements 358 661 1,053 1,468 2,830 999 1,002 1,809 Long-tenn debt 346 661 L053 1,468 1,196 489 449 1,512 IMF purchases 12 0 0 0 1.634 509 552 297 Principal repayments 559 484 670 872 805 551 955 1,596 Long-lenn debt 434 474 670 872 731 471 555 1,\27 IMF repurchases 124 10 0 0 74 80 401 469 Net flows on debt -134 281 506 1,608 695 293 2,801 -26 of which short-tenn debt 66 104 123 1,012 -1,329 -155 2,755 -239 Interest payments (INT) 428 379 587 594 469 330 591 631 Long-tenn debt 318 298 457 412 393 235 413 435 IMFcharges 16 2 8 7 24 45 95 115 Short -tenn debt 93 80 123 176 51 50 82 81 Net transfers on debt -562 -98 -82 1,015 227 -37 2,211 -657 Total debt service paid (TDS) 987 862 1,257 1,466 1,274 881 1,546 2,227 Long-lenn debt 753 771 1,127 1,284 1,125 706 968 1,562 IMF repurchases and charges 141 1l 8 7 98 125 496 584 Short-tenn debt (interest only) 93 80 123 176 51 50 82 81 NET RESOURCE FLOWS -36 359 665 901 648 452 263 1,142 Net flow of long-tenn debt (ex. IMF) -88 187 383 596 465 18 -106 385 Foreign direct investment (net) 42 157 274 271 175 417 333 711 Portfolio equity flows 0 0 0 28 0 0 20 20 Grants (excluding technical coop.) 11 15 9 6 9 17 16 26 Memo: technical coop. grants 25 34 15 18 17 18 17 15 NET TRANSFERS -354 7 118 374 53 109 -379 412 Interest on long-tenn debt 318 298 457 412 393 235 413 435 Profit remittances on FDI 0 54 89 116 202 108 229 295 Gross national income (GNI) 8,949 18,059 20,382 18,180 12,155 10,682 12,636 16,208 Exports of goods, servo & inc. (XGS) 2,417 3,911 4,441 4,094 3,]65 3,387 4,738 5.733 Worker remit. & camp. of employees 0 0 0 0 36 62 70 78 Imports of goods & services (MGS) 2,239 4,200 5,035 4.611 2,879 3,464 4,739 5,778 International reserves (RES) 1,446 1,813 2,776 3,099 772 2,087 2,512 3,078 Current account balance 186 -213 -566 -488 322 -56 43 -2 EDT/XGS(%) 182.7 136.0 182.7 235.2 334.0 337.4 312.0 253.8 EDT/GNI(%) 49.3 29.4 39.8 53.0 87.0 107.0 117.0 89.8 TDS IXGS (%) 40.8 22.1 28.3 35.8 40.2 26.0 32.6 38.9 IJI.'T I XGS (%) 17.7 9.7 13,2 14.5 14.8 9,7 12.5 lLO 1l\'T I GNI(%) 4.8 2.1 2.9 3.3 3.9 3.1 4.7 3.9 RES I EDT (%) 32.7 34.1 34.2 32.2 7.3 18.3 17.0 21.2 RES I MGS (months) 7.7 5.2 6.6 8.1 3.2 7.2 6.4 6.4 Short-tenn I EDT (%) 27.2 25.1 23.6 30.4 15.1 12.6 28.4 27.2 Concessionall EDT (%) 2.3 4,2 2.4 1.9 1.5 1.3 1.0 0.9 Multilateral I EDT (%) 15.8 23.7 23.7 21.2 24.9 26.8 20.8 21.3 411 URUGUAY (US$ million, unless otherwise indicated) 2000 2005 DEBT Ol.:TSTANDING (LDOD) 3,114 3,960 6,048 6,556 7,177 7,568 7,900 8,286 Public and publicly guaranteed 3,045 3,833 5,513 6,031 6.684 7,094 7,438 7,866 Official creditors 895 1,588 2,227 2,289 2,827 3.188 3,200 3,203 Multilateral 699 1,259 1,925 2,038 2.634 3,060 3,077 3,095 Concessional 22 28 19 18 17 24 21 18 Bilateral 196 329 302 251 193 129 123 108 Concessional 78 197 179 167 140 127 122 107 Private creditors 2,150 2,245 3,285 3,742 3.857 3.906 4,237 4.663 of which: Bonds 567 1,963 2.737 2,924 3,062 3,604 3,787 4.387 Commercial banks 1,576 252 530 802 775 285 436 263 Private nonguaranteed 69 127 535 525 494 474 462 421 Bonds 0 110 300 300 300 300 300 300 Commercial banks and other 69 18 235 225 194 174 162 121 Memo: lBRD 359 513 552 544 703 722 785 816 IDA 0 0 0 0 0 0 0 0 Public sector LDOD 3.042 3.831 5,512 6,031 6.684 7,094 7,438 7,866 Private sector LDOD 72 130 535 526 494 474 462 421 DISB URSEMENTS 346 661 1,053 1,468 1.196 489 449 1,512 Public and publicly guaranteed 346 591 891 1,447 1,196 477 440 1,512 Official creditors 174 128 300 304 704 475 209 389 Multilateral 90 103 299 279 703 469 200 384 Concessional 3 0 0 0 1 2 1 I Bilateral 85 25 1 24 I 6 9 5 Concessional 3 25 I 24 1 6 9 5 Pri vate creditors 171 463 591 U44 492 2 231 1,123 of which: Bonds 164 348 578 783 405 0 0 1,123 Commercial banks 4 III I 359 80 2 231 0 Private nonguaranteed 0 70 162 21 0 12 9 0 Bonds 0 70 0 0 0 0 0 0 Commercial banks and other 0 0 162 21 0 12 9 0 Memo: lBRD 51 32 134 65 234 97 144 134 IDA 0 0 0 0 0 0 0 0 PRINCIPAL REP A YMENTS 434 474 670 872 731 471 555 1,127 Public and publicly guaranteed 398 469 606 841 699 439 504 1,086 Official creditors 71 124 162 200 223 263 216 343 Multilateral 61 117 121 136 153 186 199 329 Concessional I 2 2 2 2 2 3 3 Bilateral 10 7 42 64 70 77 17 14 Concessional 2 3 J5 29 37 26 16 14 Private creditors 327 345 443 642 477 176 288 742 of which: Bonds 180 273 285 550 365 II 186 549 Commercial banks 143 66 154 87 109 163 99 191 Private nonguaranteed 36 5 64 31 32 32 50 42 Bonds 0 0 47 0 0 0 0 0 Commercial banks and other 36 5 17 31 32 32 50 42 Memo: lBRD 43 78 58 72 75 78 80 104 IDA 0 0 0 0 0 0 0 0 INTEREST PA YME!'