Official Debt

Official Debt

Debt owed to a government or international organization, especially debt owed by another government or international organization. A major example of a lender of official debt is the International Monetary Fund. The term is most common in international development.
References in periodicals archive ?
Per official debt data, Kenya's public debt, as of 31 December 2017, stood at KES 4.
However, the share of non-commercial official debt is set to decline to 11% of total sovereign debt as of year-end 2018, from 12% in 2017.
However, the share of non-commercial official debt is set to decline to 11 per cent of total sovereign debt as of year-end 2018, from 12 per cent in 2017.
The news article has used abstract phrases implying that Pakistan's debt sustainability indicators have worsened by misquoting an official debt risk report.
Sustained moderate GDP growth and primary fiscal surpluses are expected to underpin repayment capacity, supported by a backloaded maturity profile of official debt and continued access to capital markets on favorable terms.
1 billion official debt it had defaulted on through 1986, plus charges.
In addition to commercial debt, some of the estimates S&P uses include official debt.
The share of non-commercial official debt (bilateral and multilateral) in total sovereign debt is set to rise to 22% of total debt as of year-end 2016, from 20% in 2015.
Forecasted unfunded liabilities in the Social Security and Medicare programs are an even larger problem than official debt forecasts.
As it stands, Social Security and Medicare are unsustainable, with the long-term gap between projected income and promised benefits reaching tens of trillions of dollars -- well in excess of the official debt the federal government has accumulated over its history.
Understanding the basis of official debt sustainability analysis is therefore crucial.
At CCC, the new rating for Greece remains deep in junk-bond territory, reflecting the tenuousness of the 86 billion euro ($96 billion) rescue deal and the need for official debt relief to render Athens's finances sustainable over the medium term.
Full browser ?