bitahabesha bitahabesha
  • 08-08-2020
  • Business
contestada

What economic benefit has the debt reschedule for developing countries?

Respuesta :

sebastiansierraocm
sebastiansierraocm sebastiansierraocm
  • 14-08-2020

Answer:

The main economic benefit that debt rescheduling has for developing countries is that it changes principal and interest payments to more favorable conditions.

This means that after the reschedule, developing countries will have to put less resources into the payments of public debt, which allows them to have more resources available for other public investments like education, healthcare, and infraestructure.

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