CPEC, debt trap or debt relief

Before, delving into, either CPEC is a debt trap or not, let’s try to understand the debt trap concept and how it works. In lay man language or simplest way to explain is, a debt which borrower cannot pay without taking new loans. It initiates a vicious cycle of borrowing, which goes on. Subsequently, the […]

from Daily Times https://ift.tt/3u4YwI3