20100323110750
20100323110750 20100323110750
  • 03-06-2021
  • Business
contestada

How would non repayment of loan affect the economy of the country?​

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ParisAddict
ParisAddict ParisAddict
  • 03-06-2021

Answer: The economy would most likely suffer.

Explanation: Non-performing loans (NPLs) are a burden for both lender and borrower; they contract credit supply, distort allocation of credit, worsen market confidence and slow economic growth.

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