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BasisInternal debtExternal debt
MeaningLoans raised by the government from within the country.Loans raised by the government from abroad.
SourcesIndividuals, banks, financial institutions, RBI.Foreign governments, IMF, World Bank, ADB, foreign banks.
CurrencyRaised and repaid in domestic currency.Usually repaid in foreign currency.
BurdenOnly transfers resources within the country; no net burden on the nation as a whole.Repayment drains resources out of the country; real burden on the economy.
Doubtly AI · 29 Oct 2026 AI-verified · Nov 2026 Report
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