Examples of using Interim financing in English and their translations into Arabic
{-}
-
Colloquial
-
Political
-
Ecclesiastic
-
Ecclesiastic
-
Computer
Interim financing is usually provided by the IMF and other official lenders which are de facto(but not de jure) senior with respect to private claims.
(c) Countries that are in the process ofrestructuring their debts cannot access private interim financing because such financing is not senior with respect to existing claims.
Mr. Connor(Under-Secretary-General for Management) said that, regrettably, it was likely that cross-borrowing would have to continue,as there was no other source of interim financing.
Pending a decision of the Security Council on the future of UNIKOM, interim financing arrangements will be required for the four-month period from 1 July to 31 October 2003.
Owing to the uncertainty surrounding those assumptions, the Committee considered it premature to make any recommendations on the budget proposal at that time,hence its recommendation for an interim financing arrangement.
People also translate
The present note contains a proposal for the interim financing of the United Nations Iraq-Kuwait Observation Mission for the four-month period from 1 July to 31 October 2003.
Active follow-up to these Action Matrices is under way,including in particular a donor initiative to provide interim financing arrangements through window two of the IF Trust Fund.
The Secretary-General subsequently proposed interim financing arrangements for UNIKOM for the four-month period from 1 July to 31 October 2003 in his note dated 14 May 2003(A/57/811).
As indicated in paragraph 3 of the report of the Secretary-General(A/57/811),pending a decision by the Security Council on the future of UNIKOM, interim financing arrangements will be required for the four-month period from 1 July to 31 October 2003.
Therefore, the decision to propose an interim financing arrangement, rather than a full budget, should have been supported by a stronger justification based on technical budgetary assumptions as well as existing resolutions of the Security Council.
We support the proposals made by the informal working group on interim financing for REDD, which was set up after the G-20 side meeting.
The Chairman drew attention to an interim financing request, contained in a letter dated 15 November 2006 from the Secretary-General addressed to the President of the General Assembly(A/61/598), concerning the United Nations Integrated Mission in Timor-Leste(UNMIT).
A debt resolution mechanism capable of enforcing seniority would thus have two advantages:it would allow for interim financing(through debtor-in-possession provisions) and it would prevent debt dilution and thus reduce borrowing costs and overborrowing;
Lack of access to private interim financing may amplify the crisis and further reduce ability to pay because, during the restructuring period, countries may need access to external funds, either to support trade or to finance a primary current account deficit.
The Secretary-General, in his note dated 14 May 2003(A/57/811),proposed interim financing arrangements for UNIKOM for the four-month period from 1 July to 31 October 2003.
The Administration reported that continued use of the capital master plan budget threatened the liquidity of the project.3 In April 2014, the Assembly, in its resolution 68/247 B,approved the use of the working capital fund and the special account4 as an interim financing mechanism for the remaining unfunded amount of $220 million.
Pending a decision on the Mission 's future beyond that date, interim financing arrangements were needed, as set out in the note by the Secretary-General contained in document A/57/811.
(a) An interim financing proposal is prepared by the Secretary-General and considered by the Advisory Committee on Administrative and Budgetary Questions, which, upon its concurrence, authorizes the Secretary-General to enter into commitments of up to $150 million drawn collectively from the Peacekeeping Reserve Fund and the strategic deployment stocks;
Pending further clarification of the situation, the Secretary-General proposes an interim financing arrangement, for the period from 1 January to 30 June 2015, in the amount of $31,430,300(net of staff assessment).
The mechanism would include provisions allowing for a temporary standstill on all payments due, whether private or public; an automatic stay on creditor litigation; temporary exchange-rate and capital controls;the provision of debtor-in-possession and interim financing for vital current-account transactions; and, eventually, debt restructuring and relief.
The Presidency also signed the decisions on interim financing of the Presidency and its offices; on interim accommodation for the members of the Presidency and their offices, and on establishment and internal organization of the Offices.
At its sixty-eighth session, the General Assembly authorized in December 2013 the use of the balance of the working capital reserve fund(see resolution 68/247 A), and in April 2014 the use of the working capital fund andspecial account, as an interim financing mechanism to meet the unfinanced part of the currently anticipated final cost overrun of $379 million(see resolution 68/247 B).
Additional reports on the financing of the United Nations Operationin Côte d ' Ivoire(UNOCI), the interim financing of the new mission in Haiti and the potential mission in Burundi and revised requirements for the United Nations Mission of Support in East Timor(UNMISET) would be submitted in due course, pending the relevant decisions of the Security Council.
In the short term, namely, when countries faced crises in their financial sector, an effective and predictable legal framework was necessary, in particular in terms of enforcement of financial claims, to assist banks and other financial institutions in controlling the deterioration of their claims through quick enforcement mechanisms and to facilitate corporate restructuring byproviding a vehicle that would create incentives for interim financing.
The Advisory Committee on Administrative andBudgetary Questions has considered the report of the Secretary-General on interim financing of the United Nations Iraq-Kuwait Observation Mission(UNIKOM) for the four-month period from 1 July to 31 October 2003(A/57/811).
Also calls for the provision of additional financial resources by both bilateral and multilateral creditors,including interim financing, without affecting the support required for development activities of developing countries, and encourages bilateral donors to contribute the necessary resources to the Heavily Indebted Poor Countries Trust Fund of the World Bank and to the Enhanced Structural Adjustment Facility Trust Fund of the International Monetary Fund for the implementation of the Initiative;
Owing to overwhelming pressure of work, the Advisory Committee had been unable to undertake a detailed study of the Secretary-General 's reports and could only recommend interim financing arrangements pending a fuller consideration of the reports as well as supplementary information to be provided by the Secretariat at the fiftieth session of the General Assembly.
However, the complete success of the initiative depended on the contribution of additional resources-including interim financing- from all creditors involved, as well as enhanced flexibility in the application of the eligibility criteria and the timely access to debt relief of a large number of countries.
Upon enquiry, the Advisory Committee was informed that, in view of the uncertainty regarding planning assumptions for the Mission and pending a decision of the Security Council on the future role of UNAMA,the Secretary-General had proposed an interim financing arrangement for the first six months of 2015 on the basis of a technical roll-over, equal to 50 per cent of expenditure for the current period, to allow the Mission to operate for the first six months of 2015.