1.   A high ratio invariably means future output growth and, hopefully, improved external debt servicing capacity through increased exports.

2.   Despite this major problem, banks must endeavour to monitor the external debt position of countries.

3.   External debt continues to weigh heavily upon these countries.

4.   Naturally, large external debts were incurred to banks, foreign governments and world agencies.

5.   The developing countries bear the burden of an enormous external debt.

6.   A debt agreement would improve its external debt situation and encourage foreign investment.

7.   But many economists, inside and outside the bank and the IMF are far from convinced that the external debt is the obstacle to development that is made out.

8.   By running down external debt and running up internal debt, the president leaves more money in private capital markets.

9.   China suffers from heavier external debt, more bad loans and a shakier banking system than any of its Asian neighbors already in a state of crisis.

10.   China suffers from heavier external debt, more bad loans and a shakier banking system than any of its Asian neighbors.