5 ms·
It doesn’t need to refinance its debt. It pays what is necessary in interest payments.
by ec109685 3y ago
It doesn’t need to refinance its debt. It pays what is necessary in interest payments.
- riku_iki 3y agoyeah, but old debt has due date, and as gov doesn't have interest to reduce debt, they will need to take another debt to pay old debt. Maybe refinancing is not right word here.