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public debt

/ˈpʌblɪk det/

1 entry

phrase

/ˈpʌblɪk det/B2formalbusiness
  • ruОбщая сумма денег, которую правительство должно кредиторам, обычно в результате выпуска облигаций и заимствований для покрытия бюджетного дефицита.

The total amount of money that a government owes to creditors, typically from issuing bonds and borrowing to cover budget deficits.

  1. Government borrowingB2formal

    The total amount of money that a country's government has borrowed and still owes to lenders, often through issuing bonds.

    ruГосударственный долг

    • The country's public debt has increased significantly over the last decade.
    • Economists are concerned about the rising public debt to GDP ratio.
    • The government plans to reduce public debt by cutting spending.