Sentence examples for no foreign debt from inspiring English sources

Now the rupee floats, and the state has no foreign debt to speak of.

It also has virtually no foreign debt and a high savings rate.

Because of a financial restructuring and swelling oil prices, Nigeria has almost no foreign debt, almost $50 billion in foreign reserves and a growing trade surplus.

This commitment has resulted in a situation in which the Chilean government has almost no foreign debt: 90% of GDP in 1986, it was only 7.5% last year.

On the other hand, pursuing conservative investment rather than consumption oriented economic policies, his regime generated no foreign debt.

That is a reference to the Platt Amendment of 1901, which recognized Cuba as an independent country but required that it enter into no treaty and incur no foreign debts without permission from Washington, and also that it recognize the right of the United States to intervene in Cuba at will.

There is no compelling evidence that Libya needs foreign aid, as it has no foreign debts and it has hundreds of billions of dollars in assets in Europe and in USA.

But Central had a strong cash flow and no significant foreign debt, allowing it to finance its malls' tenants so they could stay in business.

Foreign debt no longer hangs over Brazil like the blade of a guillotine.

In 2010, Greece reached the point that it could no longer service its foreign debt, and it turned to its European partners for help; that help arrived in the form of more debt and a mandate to cut wages, pensions, public investment and social security benefits, while raising the VAT and upping taxes on tobacco, alcoholic and luxury items.

Thus when their exchange rates slide, the value of their foreign debt no longer rises to unbearable levels, as it did during the Asian crisis.But the turmoil of the past nine months has posed a stiff test of this new-found currency courage.