The decline in world interest rates over the past few years has seen the servicing burden of foreign debt fall to around the levels of the early 1980s. (rba.gov.au)
But policy makers are still confused over the distinction between squeezing out a domestic fiscal surplus and the ability to pay foreign debts. (michael-hudson.com)
At least when it comes to border arrangements; its duties regarding other treaties (such as foreign debt) are not as clear cut. (politics.stackexchange.com)