So the organization has the burden of proving that debt forgiveness is a gift.
We understand recently that the President signed into law a debt forgiveness for Haiti.
Mr Mitra is trying to raise tax revenues, while seeking debt forgiveness from the central government.
Nicholas Brooks, an economist at Santander Investments in Singapore, says the only solution is debt forgiveness.
Many of the anti-Wall Street protesters push the idea of blanket debt forgiveness as a solution.
More debt forgiveness could be the euro zone's reward to Greece for a tough job, more-or-less well done.
Giving big gifts of debt forgiveness to a few people is not consistent with the purpose of the exemption.
Their countries have been graced with aid cash, debt forgiveness and political support.
So is Mr Stournaras, I asked, pushing for debt forgiveness from EU countries?
Farmers who should have received loans under USDA programs but encountered bias would receive compensatory lump sums and debt forgiveness.
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Fannie and Freddie's federal regulator has been wary of debt forgiveness, saying there are cheaper ways to help homeowners avoid foreclosure.
Debt forgiveness, they say, means that less money will flow back to the institutions to be lent to other poor countries later.
Russia also wants to gain debt forgiveness from Western governments, after reaching agreement earlier in the year to reschedule its private sector debt.
First, the tax law says that debt forgiveness by a creditor is income to the debtor in the amount of the principal forgiven.
These arguments address the morality of debt and borrowing, rather than the actual impact that student debt forgiveness would have on the economic crisis.
It is working to reduce Iraq's external debt, which even after a round of debt forgiveness will stand at an excruciating three times GDP.
But foreign donors are reluctant to give more control to corrupt and ineffective governments, and are insisting on strict conditions in return for debt forgiveness.
With the possibility of a Greek default on the table, market participants have become more accepting of the use of debt forgiveness to achieve stability.
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In Asia, a combination of debt forgiveness, fast growth and restraint in government spending has helped the debt-to-GDP ratio contract sharply in almost every country since 2001.
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What is called for now is expanded debt rescheduling covering several years beyond 1992 (including the debt contracted after 1 January 1991), to say nothing of debt forgiveness.
If international lenders want to help countries improve their standards of living, they should tie debt forgiveness to the implementation of the five basic principles of economic progress.
But longtime associates insist that he never played the race card, unlike other pribumi tycoons who lobbied for government favors and debt forgiveness on account of their ethnicity.
Many troubled companies still hope for salvation, or debt forgiveness.
Nigeria pulled out of its IMF program in April 2002, after failing to meet spending and exchange rate targets, making it ineligible for additional debt forgiveness from the Paris Club.
This kind of equipment-for-oil compensation deal -- predicated on necessarily vague and speculative terms to spare Moscow the problem of immediate, hard currency payments -- is altogether too easily translated into "debt forgiveness" in the future.
There have been a lot of articles by economists advocating debt forgiveness as a crucial way for the economy to recover, so it would not surprise me if Congress changed the laws to encourage borrowers to obtain debt forgiveness.
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As the regulator for Fannie Mae and Freddie Mac nears its decision on whether to approve debt forgiveness for troubled borrowers, a new analysis by the regulator suggests taxpayers could benefit from the move, according to people briefed on the findings.
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And there is a fear that debt forgiveness for Greece would be the thin end of a very thick wedge, such that Ireland - for example - might argue that if Greece were getting what would in effect be a large transfer from the rest of the eurozone, it would like a bit of that too, thank you very much.
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