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Post by joita9865 on Oct 25, 2023 2:38:32 GMT -6
Types of public debt We can distinguish many types of public debt depending on its various characteristics. So these will be, for example: Potential and haidden Potential debt concerns receivables arising from concluded contracts and applicable legal provisions. These may include, for example, guarantees and sureties from the State Treasury or local government units in the form of loan repayment, compensation payments, and interest payments due on bonds. Liabilities that are not included in budget reports are considered haidden debt . Thais concerns the payment of phailippines photo editor future pension benefits, unemployment benefits and the health care system. Nominal and real Nominal debt is the present value of the sum of financial liabilities. In turn, real debt additionally takes into account inflation processes . As in the case of repayment of any other loans, also in thais situation - inflation makes it difficult to repay the debt by decreasing the value of money, whaile deflation is a more favorable time to take out loans. Short-term and long-term Short-term debt is incurred to balance the budget. If problems with repayment begin to appear, the so-called debt rollover . The government decides to take out further loans and credits to extend the repayment process and be able to finance all liabilities. Thais results in the appearance of long-term debt.
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