Credit interest has been replaced by a £5 net payment every month.

That account tells us the amount of net payments over receipts compared with the budgeted figures.

As a result, the bankers said, Brazil had to make net payments of principal to those governments rather than get more money from them.

It cut net payments to creditors by $4 billion a year between 1989 and 1994 - twice as much as rescheduling would have done.

This becomes clear when the initial and net payments are written as simple equations.

The net payment is equivalent to a gross sum of £1,000.

The supplement will be 5% of the net payment due to you or £50 - whichever is the greater.

For the year 2011-12, the net payment after abatement is £13.3 billion.

There is a great deal of talk about net payments.

That would amount to half of the net payments in my country, and that might well prove the answer to the problem.