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The country will continue to pay interest on its more than $100 billion in foreign debt.
That left far too little to pay the interest on the $111 billion foreign debt.
"And as a result Russia will not be able to pay all of its foreign debt next year."
Latin America has a foreign debt of nearly $400 billion.
But adding $20 billion to Iraq's current foreign debt is not the answer.
The program left Mexico with the world's largest foreign debt.
Until last year, Iran had no foreign debts at all.
Indeed, given its $115 billion foreign debt, Brazil needs special help.
Recovery could be helped by the low level of foreign debt.
There was general agreement to pay the foreign debts at full value.
Iraq and Egypt between them have a foreign debt of more than $100 billion.
Only 18 out of the 60 countries in need have had their foreign debt cancelled.
The central bank's reserves of nearly $80 billion are higher than the country's foreign debt.
It was the nation's foreign debt, not the trade deficit.
Nicaragua has a foreign debt of more than $6 billion.
"We're going to have to be because of our foreign debt load."
The new foreign debt plan is likely to be tested first in Mexico.
Mexico was able to eliminate more than a third of its foreign debt.
Yet such is the size of the trade adjustment required simply to stop growth in our foreign debt.
Brazil has the largest foreign debt in the third world.
The victory also left America with a considerable foreign debt.
Its total foreign debt, the largest in the developing world, stands at $108 billion.
How do they expect us to pay the foreign debt now?"
Foreign debt tops $100 billion, the highest total in the third world.
Reserves of $850 million are equal to half the foreign debt.
