Economic outlook - Part II, the JLP
The HIPC programme has been subject to conditionalities similar to those often attached to IMF and World Bank loans, requiring structural adjustment reforms, sometimes including the privatisation of public utilities, including water and electricity. To qualify for irrevocable debt relief, countries must also maintain macroeconomic stability and implement a Poverty Reduction Strategy satisfactorily for at least one year. Under the goal of reducing inflation, some countries have been pressured to reduce spending in the health and education sectors.
Economic outlook - Part II, the JLP
While the JLP agrees that primary surpluses are the main means to reduce debt in the short term, it believes that legal and alternative approaches exist to quicken the pace of debt reduction. The JLP has placed a creative debt ...
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Getting out of Debt with the Debt Roll-Down Method
With Consumer debt at an all time high, it’s no wonder more and more people are looking for help with personal financial management, debt reduction and spending management. And given the substantial debt carried by the average family, ...
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Carnival of Debt Management #20
Matthew Paulson presents Home Equity Loans: Why They Don’t Make Sense as Part of Debt Reduction Plans posted at FinanceIsPersonal.com. A home equity loan is nothing more than a second mortgage on your home. You are borrowing money and ...
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Economic outlook - Part II, the JLP
A debt relief program can take one of many forms. You may desire to hire a debt professional to negotiate your plan to repay what you owe when you discover you can no longer pay the minimum payments required by your creditors. You may choose to deal with your creditors directly by use of debt relief programs. Choosing your plan of attack is the first step toward ridding yourself of the burden of debt you have created by poor planning or poor spending habits.
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