Quote by Kenneth Clarke

Energetic action on debt would make a radical difference to the prospects of many of the poorest countries in the world, at no practical cost to creditor countries.

Energetic action on debt would make a radical difference to

Summary

This quote emphasizes the importance of taking prompt and proactive measures to address the debt of the poorest nations. It suggests that by taking energetic action, such as debt relief or restructuring, the prospects of these countries can significantly improve. Additionally, the quote highlights that such actions are practically cost-free for creditor countries, implying that providing debt relief would not heavily burden them. Overall, it encourages immediate action to alleviate the debt burdens of impoverished nations, highlighting the potential positive impact it can have without posing a significant financial burden.

Topics

Debt / Borrow / Loan

By Kenneth Clarke

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