I would also say that often debt relief comes with conditions on the government to prove they are improving fiscal responsibility, if these conditions are taken seriously, then the risks of future problems should in theory reduce as the country becomes more economically sound
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Thank you for the video this answered my concern for poor countries. God bless you❤
You’re welcome 😊 Thank you Elsa.
Thanks for this - may be good for me to do a country profile on Mozambique!
Indeed!
I would also say that often debt relief comes with conditions on the government to prove they are improving fiscal responsibility, if these conditions are taken seriously, then the risks of future problems should in theory reduce as the country becomes more economically sound
Political reforms often needed to make debt relief more effective and sustainable in the long run