What term describes the total amount paid as interest plus the repayment of principal on external public debt and debt guaranteed by the government?

Choose the correct answer

Explanation

The correct answer is Debt service, which refers to the combined payments of interest and principal on external public debt or publicly guaranteed debt. Debt cancellation, restructuring, and deferral involve altering or forgiving debt terms rather than making regular payments.

What term describes the total amount paid as interes… — Agricultural economics | PakQuizHub