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DEFICIT & DEBTS, image, image, image - Coggle Diagram

- - - - 45% in the hands of the public sector
      - 20% corresponds to Multilateral and Bilateral Organizations, of which 60 % is with the IMF
      - 35% is in the hands of the private sector
    - - 39% of the debt is held by external creditors
      - 61% is internal debt
- - - - Consumers and Businesses
  - - - Fewer loans available for businesses
        
        It'll hurt the long run growth of the economy
    - - Budget: 29 Billion
      - Budget deficit: It has a fiscal deficit of 1.9%, an inflationary pattern of 60% and allocates 70% of its resources to social funds.
  - - - Savers, individuals, businesses, etc fear they will never get paid back.
        
        Consequences
        
        Stop lending money
        
        Lend at higher interest rates
        
        More debt: country is unable to pay the bills.