Sentence examples for vast foreign debt from inspiring English sources
Past regimes had accumulated a vast foreign debt against which central government revenues were pledged for repayment.
The country had defaulted on its vast foreign debt, the national currency was devalued from one peso to the dollar to four practically overnight, and banks had closed their doors to the public, impounding the life savings of almost the entire middle class.
This former French colony, which the United Nations counts among the world's least developed nations, has diverted almost $1 million from basic human services and from paying off its vast foreign debt to bring 47 artists here from 18 African countries and critics and curators from around the world.
Europe fears the U.S. is stoking inflation in hopes its vast foreign debts (about $1.2 trillion to Japan and China alone) can be repaid in depreciated dollars.
There is the added temptation of the vast foreign holding of U.S. debt.
Another puzzle: contrary to dire predictions that America's vast current-account deficit would plunge the country ever deeper into debt to foreigners, recent figures show that foreign debt has actually fallen, relative to GDP, in the past few years.
FOREIGN DEBT Despite record private capital inflows in 1996, the foreign debt burden of developing countries as a group fell.
Athens foreign debt will continue to rise.
Much of Russia's foreign debt has been repaid.
The American share in the Austrian foreign debt totals $64,500,000.
