foreign debt

noun

: the amount of money that a country owes other countries

the nation's growing foreign debt

Examples of foreign debt in a Sentence

Recent Examples on the Web

Egypt’s long-standing dependence on fuel and food imports has bloated its foreign debt, thanks in part to the war in Ukraine and the COVID-19 pandemic. —Lisa Anderson, Foreign Affairs, 25 Oct. 2023

The current administration has strongly favored India, but many Maldivians worry about Indian military presence on their shores, as well as mounting foreign debt. —Sushmita Pathak, The Christian Science Monitor, 27 Sep. 2023

Lebanon’s economic meltdown, brought on when the government defaulted on its foreign debt and the currency collapsed, triggered months of protests demanding deep political reforms and accountability from corrupt sectarian elites. —Scott Peterson, The Christian Science Monitor, 21 Sep. 2023

Efforts to renegotiate the foreign debt were hampered, copper exports were stalled in reprisal for nationalization, technological expertise was denied, and essential imports (including parts needed to repair machinery and trucks) were prevented from reaching the country. —Ariel Dorfman, The New York Review of Books, 31 Aug. 2023

The film ends with a United States that is largely uninhabitable, and as a result, surviving Americans are granted asylum in Mexico (but not without the U.S. wiping out all Latin American foreign debt in exchange). —Fidel Martinez, Los Angeles Times, 24 Aug. 2023

How President Alberto Fernández handles Argentina’s foreign debt crisis will define his legacy. —Bruno Binetti, Foreign Affairs, 9 Mar. 2020

Sri Lanka is struggling with the worst financial crisis since its independence from Britain in 1948 after the country’s foreign exchange hit record lows and triggered its first foreign debt default last year. —Reuters, CNN, 28 June 2023

Sri Lanka is facing its worst economic crisis in history and has suspended foreign debt repayments. —Alex Turnbull, ajc, 1 May 2023

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