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SDGs

17.4.1 External Debt Service Ratio

Definition

Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.

Data Source(s)

Central Bank of Trinidad and Tobago Data Centre. Retrieved from “https://www.central-bank.org.tt/statistics/data-centre

17.4.1 External Debt Service Ratio

 
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17.4.1 External Debt Service Ratio Sustainable Development Goals

17. Revitalize the global partnership for sustainable development
17. Revitalize the global partnership for sustainable development

17. Revitalize the global partnership for sustainable development

A successful sustainable development agenda requires partnerships between governments, the private sector and civil society. These inclusive partnerships built upon principles and values, a shared vision, and shared goals that place people and the planet at the centre, are needed at the global, regional, national and local level.

Urgent action is needed to mobilize, redirect and unlock the transformative power of trillions of dollars of private resources to deliver on sustainable development objectives. Long-term investments, including foreign direct investment, are needed in critical sectors, especially in developing countries. These include sustainable energy, infrastructure and transport, as well as information and communications technologies. The public sector will need to set a clear direction. Review and monitoring frameworks, regulations and incentive structures that enable such investments must be retooled to attract investments and reinforce sustainable development. National oversight mechanisms such as supreme audit institutions and oversight functions by legislatures should be strengthened.

Related 17.4.1 External Debt Service Ratio Targets

17.4