


| MIL-OSI Banking: The right policies can help manage foreign debt in Asia — by Irfan A. Qureshi |
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Source: Asia Development Bank. A high level of external debt is linked with decreased economic growth but there are policy options that can help economies keep growing. Countries often borrow from foreign lenders, i.e. take on external debt, to meet their expenditure needs. These loans are usually paid in the currency in which the loan was made.
Posted: 2020-03-16 21:14:00
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