A budget surplus may be used to redeem state debt.

预算盈余可用于偿还国债。

youdao

Whitney also presents a startlingly bleak picture of state debt.

惠特尼还呈现了一幅极为黯淡的州级债务前景。

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The transaction would involve a considerable lapse of time because the shares could not be sold until the state debt was paid.

国债没有还清，这些股票就不能出售，所以这笔交易要拖延相当一段时间。

youdao

State-owned investment company Dubai World,which manages much of the city-state's massive development projects, is asking creditors for a delay in repaying about $60 billion in debt.

VOA: standard.2009.11.27

The other ginormous elephants in the room are the state debt and budget crises.

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State debt, some 5% of GDP in 1993, skyrocketed to about 20% of GDP in 1998.

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Los Angeles, with its smog, bum economy, suffocating state debt and off the charts traffic, is the past.

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