Internal debt soars under the plan : The right pocket of government owes the left pocket a whole lot more money.
32.
Interest payments on internal debt increased to 1.31 billion reais from 570 million reais in December, the newspaper said.
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There is as much need to drive down internal debt as there is for my right pocket to repay my left pocket.
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This would be in contrast to an other suggestion that the proceeds be applied to paying down the country's internal debt.
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"Argentina has an internal debt that's more important than its debt with the IMF, " he said.
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The Sargsyan cabinet wanted to diversify $ 32 million in the budget funds in order to be able to repay the internal debts.
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As executive director he looked after Internal Debt Management and Currency Management, besides the strategic and crucial area of Human Resource Management.
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We all know that under current circumstances it is not easy to pay our external debt, as we also have an internal debt,
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Government debt can be categorized as internal debt, owed to lenders within the country, and external debt, owed to foreign lenders.
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Ecuador's government will issue up to $ 250 million of bonds locally to restructure short-term internal debt, El Comercio reported.