DEBT FOR RICH COUNTRY

DEBT FOR RICH COUNTRY If Qatar didn’t have money, could it host world cup in 2022? I don’t think so! This is an example of how money is one of most important sources for a country. Collecting debts is one way to manage the money of country. It makes difference for the value of this country. So, the debt of country is not only own for the government to diced forgive or not, it is an issue its people also. In my opinion, rich countries should not forgive all debts for poor countries. When a rich country collects a debt, they can do several things. First of all, when established country collects its debts, it can support another country in need. This support can help this country in a different ways. Not all poor countries need money, sometimes thay also need support. For example, a country may need help with projects or support for its infrastructure. But these ways do not return this money to the government of poor country because this money is spent for paying bills or providing services to the people. Actually, the best way to help poor countries is to invest inside these countries to help them to make more money for itself. For example, building factory or establishing companies. So, now it has money to return to the rich country it borrowed from. Furthermore, collected debts allow for the rich country to continue to support its own people. This money belongs to the people in this country. We have some benefits To invest this money for people to help raise the standard of living inside this country. Salary can also increase and can it do another thing like distribution of houses to citizen in need. Also, can be accomplish a development the cities and town. Therefore collected debts allow for the addition of more services and economic growth. For example, build new road, tunnels, electricity and telephone lines. Likewise, investments inside of the country can provide more jobs for its people. Not only are these