foreign debt

noun

: the amount of money that a country owes other countries

the nation's growing foreign debt

Examples of foreign debt in a Sentence

Recent Examples on the Web

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For debtor nations, debt-for-nature swaps provide financial relief by reducing the burden of foreign debt, freeing up resources for other developmental needs. —

The Editors, JSTOR Daily, 26 July 2024 Hyperinflation ran at more than 2,000%, the Maoist insurgency called Sendero Luminoso, or Shining Path, controlled half the country, Peru had suspended payments on its foreign debt and the country produced more coca, the base material of cocaine, than any other country. —

Chris Kraul, Los Angeles Times, 12 Sep. 2024 The announcements are a sign Beijing wants to demonstrate its commitment to the continent, despite a recent slowdown in its overseas development lending and as Africa struggles with its foreign debt, including those owed to China. —

Simone McCarthy, CNN, 5 Sep. 2024 Around 40% of Cambodia’s $10 billion foreign debt is owed to China. —

Sam Rainsy, TIME, 24 June 2024 See all Example Sentences for foreign debt