163k views
1 vote
One good argument against forgiving Africa's debt would be because _____

User Gaessaki
by
8.7k points

1 Answer

0 votes
Many African countries are anyway struggling with money, and receiving a lot of foreign help. Having debt only makes their financial situation worse and increases the need for foreign help. So in a way, richer countries give money to African countries so that the African countries can give it back- this is not optimal.

Another reason is that a stronger Africa could buy more goods from other countries, and the economy of other countries would increase, too.
User Bkdraper
by
7.9k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.