sustainable development goals and debt sustainability
Sustainable Development Goals (SDGs) refer to a set of globally agreed-upon objectives aimed at achieving a balanced and inclusive future for people and the planet. These goals outline targets related to various aspects of sustainable development, such as eradicating poverty, ensuring good health and well-being, promoting gender equality, addressing climate change, and fostering peace and justice, among others. Debt sustainability, on the other hand, refers to the ability of a country to manage its debt burden without compromising its ability to meet its current and future financial obligations. It involves maintaining a manageable level of debt that can be serviced without causing undue economic instability. Achieving debt sustainability often involves careful debt management practices, such as prudent borrowing and effective debt servicing strategies, to ensure the country's long-term financial stability and avoid potential crises.
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