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Discover LudwigThe phrase "overseas debt" is correct and usable in written English.
It can be used when discussing financial obligations or loans that a country or entity owes to foreign creditors.
Example: "The government's overseas debt has increased significantly over the past year, raising concerns about its ability to repay."
Alternatives: "foreign debt" or "external debt".
Exact(14)
A positive current-account balance was a sign that the country as a whole was already paying down its overseas debt.
In the first three months of the year, Indian companies notified the RBI of plans to raise nearly US$10bn in overseas debt.* Foreign portfolio inflows.
S&P said countries with a reserve currency earned considerable income from heavy trading on foreign exchange markets and enjoyed lower interest charges on overseas debt.
Mr. de la Rúa says he simply does not have the money to pay them and to pay the interest and principal on the overseas debt.
Indonesia plans to raise $2 billion in its biggest overseas debt sale as it takes advantage of a fall in borrowing costs to fund its budget deficit.
Australia's current-account shortfall has been more persistent than America's and, as a result, its net overseas debt last year was 60% of its GDP, compared with 19% for America.
Similar(46)
As a result of its large current account deficits, the United States accumulated large overseas debts.
The Labor premier Jack Lang, who had introduced major reforms after gaining office in 1925, threatened to repudiate payment on overseas debts.
In many cases,, the total worth of these assets far exceeds the value of the overseas debts of the countries they came from.
Low rates of traffic suggest that some of these projects are unprofitable.Some local analysts believe radical economic surgery to put exporters first is needed, so that Portugal can service its overseas debts.
Congo Brazzaville has been saddled with $6.4bn in overseas debts, as a legacy of Elf's strategy of influence peddling, bribery and obscure off-shore deals, despite being the fourth-largest oil producer in sub-Saharan Africa.
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