Basic knowledge about national debt
National debt, also known as national public debt, is the relationship between the creditor's rights and the debtor's rights formed by the state, based on its credit and according to the general principle of debt, by raising funds from the society.
What Is Meant By International Debt
nternational debt, also known as foreign debt, is the entire debt with contractual repayment obligations, including the principal to be repaid and the interest to be paid, that has been allocated to a non-resident by a resident of a country at any given time.
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