What are the opposite words for foreign debt?
Antonyms for the phrase "foreign debt" would be domestic credit or national surplus. Domestic credit refers to the sum of loans given by banks and other credit institutions to residents of a country. A national surplus, on the other hand, refers to a state of a country's economy where the revenues exceed the expenditures. This implies that the country has more assets than liabilities, unlike in the case of foreign debt, where a country has borrowed funds from another country or an international organization, hence subjecting it to obligations and repayment agreements. A national surplus allows a country to invest in its infrastructure, improve public services, and build reserves to cushion against future economic shocks.
What are the antonyms for Foreign debt?
Other relevant words:
• Other relevant words (noun):
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