Noun
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
Source: WordNetAccording to a World Bank official, a country that has around 12 percent rate of growth or even lower, at the range of 7 to 8 percent, can afford a level of public debt of up to 50 percent. Source: Internet
A tighter monetary policy will help cut inflation, but Zambia still has a serious problem with high public debt. Source: Internet
At the same time, the relatively high level of public debt remains a constraining factor, particularly as heightened attractiveness to investors is a key component of Morocco's strategy of deepening its integration in the global economy. Source: Internet
By 1990, the year the Comoros concluded negotiations with the IMF for an economic restructuring program, the republic's total external public debt was US$162.4 million, an amount equal to about three-quarters of GNP. Source: Internet
Before Faulconer directed the city to stop making 101 Ash St. rent payments last week, an attorney for the city’s landlord argued breaching or challenging the lease could hurt the city’s credit rating and hamper its access to public debt markets. Source: Internet
But the biggest paradox is that, several weeks after the formation of this government, they tried to throw their sins on the Cabinet and hold it responsible for the collapse, waste and public debt… Source: Internet