The Characteristics of Government Foreign Debt and Its Influence on Economic Development

This study explores the connection between government foreign debt and economic expansion, with a particular emphasis on the debt's characteristics and its effects. It reveals that the composition, terms, and sustainability of government external debt play a crucial role in determining its influence on economic growth. The research further delves into the levels of debt, debt servicing requirements, and the efficiency of debt management approaches. In conclusion, it discusses the implications for policy and offers recommendations for implementing sustainable debt management techniques to promote enduring economic development.