How Does Foreign Monetary Loans Or Aid Works? - Business - Nairaland
Nairaland Forum / Nairaland / General / Business / How Does Foreign Monetary Loans Or Aid Works? (706 Views)
New Monetary Policy Pulls Out N744bn From Circulation / Loans Or Grants / Need Loans Or Assets (2) (3) (4)
(1) (Reply)
| How Does Foreign Monetary Loans Or Aid Works? by mrdan(m): 11:05am On Jun 11, 2012 |
I was just reading on CNN that Spain has applied for a $125 Billion loan from the Eurozone. http://edition.cnn.com/2012/06/10/business/spain-banks-euro-crisis/index.html?hpt=hp_t1 How does this loan work? Is the Country given the Loan in cash or is there a way this loan is implemented. Where does the Loan money come from? If most countries/Companies are trying and battling to get out of recession then who provides the money for the loans? Or is there an unending source of money somewhere. Please anybody with suitable answers in here. Thanks |
(1) (Reply)
Gold Cobalt Mining Dressing Plant In Zambia / Ready CASH App On Black Berry - How Reliable / The Evil Power Of Negative Thoughts!
(Go Up)
| Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 7 |