public debt


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Related to public debt: national debt

public debt

n
1. (Economics) the total financial obligations incurred by all governmental bodies of a nation
2. (Economics) another name for national debt

na′tional debt′


n.
the financial obligations of a national government. Also called public debt.
[1775–85, Amer.]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.public debt - the total of the nation's debts: debts of local and state and national governments; an indicator of how much public spending is financed by borrowing instead of taxation
debt - money or goods or services owed by one person to another
References in classic literature ?
The public debt of the Union would be a further cause of collision between the separate States or confederacies.
Let us pause for a minute and catch our breath, following which we can objectively analyse Kenya's public debt.
The Ministry of Finance said that by the end of 2017 the national debt had dropped by one percentage point and the public debt was down 1.
6 billion to foreign creditors against external public debt over the remaining period of current fiscal year (2017-18).
IMF Resident Representative in Kenya Jan Mikkelsen on Tuesday said that while the economy had shown resilience to drought and prolonged electioneering this year, the rising public debt was a concern and needs to be checked to avoid dragging down the economy in future.
1bn on Monday at an annual interest of 3 per cent, the Public Debt Management Office (PDMO) said adding that it also paid accrued interest of AaAaAeA{AaAaAeA 6
Public debt has two major components like; domestic debt and external debt.
The Egyptian public debt has increased significantly by EGP 540.
Salsman's book is an intellectual laser beam that offers clarity and precision in an important but neglected area of political and economic thought: public debt theory.
Wagner of George Mason University have added another book to the already extensive list of literature on the political economy of public debt The purpose of their book is to correct two major flaws in the existing literature.
External debt represents more than two-thirds of the public debt (43.
According to official sources, public debt shall be reduced to less than 60 per cent of estimated GDP until 2017-18 and thereafter a 15 year transition has been set towards a debt to GDP ratio of 50 per cent.