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What is Foreign Debt Management?
Debt management considers as to the arrangements made to:
• Protected the suitable amount of borrowing to deliver growth
• Ignore excessive indebtedness than the country cannot both service debt and develop
• Make sure a current account surplus to enable $ interest payments onto the loan
• Repay the loan again itself.
What are the advantages of informal economy? Advantages of the informal sector: • Employment, opportunities and income. • Offers cheap inputs for the formal sector •
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