Foreign Debt

(redirected from Foreign Debts)

Foreign Debt

The debt one government owes to a foreign government or corporation. Foreign debt may occur when one buys the debts securities issued by another government. While foreign debt can be advantageous because it may allow a country to finance its development or other government functions, a government owing too much foreign debt (or too much debt generally) may find itself beholden to another country. It is also called external debt or international debt. See also: Debt crisis.
References in periodicals archive ?
5bn decrease in Egypt's foreign debts by the end of the third quarter (Q3) of fiscal year (FY) 2014/2015, according to the Central Bank of Egypt (CBE).
We are ready to help our leader Sharif to pay off country's foreign debts and bring Pakistan back on the path of progress," said Chaudhry Mohammad Altaf, president of the Pakistan Muslim League (PML-N) in the UAE.
Khartoum, March 13 (SUNA)- The State Minister at the Presidency of the Republic and head of the government delegation for the negotiations with South Sudan government, Idris Abdul-Gadir, said that the two parties have agreed on the dealing with the foreign debts issue and will work to find exemption from the donors within a period of two years, otherwise the single option of sharing the debts will be adopted.
Summary: TEHRAN (FNA)- Iran's foreign debts in the month of Khordad (May 21-June 20) declined by $2.
ISLAMABAD -- Member of National Assembly from Pakistan People's Party, Shahnaz Wazir Ali has been unanimously elected as Chairperson of National Assembly's special committee for internal and foreign debts.
The gross foreign debt should not be confused with the public debt because it consists of all foreign debts of the state, the firms and other institutions, while the public debt refers only to the debts of the state, its institutions and the state-owned companies both at home and abroad.
1- Turkish Central Bank will announce Short Term Foreign Debts and International Investment Position pertaining to April 2011.
Indonesia has succeeded in averting the impact of the global financial crisis partly thanks to secured structure of foreign debts.
January 4, 2011 (PARIS) -- Sudan foreign minister Ali Karti on Tuesday held talks in Paris with his French counterpart that focused on the issue of the International Criminal Court (ICC) and efforts to waive Sudan's foreign debts.
He said Rosneft might ask for more state loans from the $50 billion package the government has allocated to help companies repay foreign debts in the face of the global liquidity crisis.
5m interest payment on the country's foreign debts, the nation's finance minister announced.
Pakistan deals with a serious economic and financial crisis and the government is not able to pay its foreign debts on time.

Full browser ?