"I mean, the world has already done a big, big effort to forget debt to countries heavily indebted and with low income. And that has given good chances to countries to get out of poverty"
- Rodrigo Rato
About this Quote
This quote by Rodrigo Rato talks to the efforts of the world to assist nations with heavy debt and low income. He is suggesting that the world has done a lot to help these countries, and that this has actually given them an opportunity to leave poverty. This might be describing financial obligation relief efforts, such as the Heavily Indebted Poor Countries Initiative, which was launched in 1996 to help in reducing the debt burden of the world's poorest countries. It could also be describing other forms of help, such as grants and loans, that have been offered to help these nations establish their economies and improve their living requirements. Eventually, Rato is suggesting that the world has actually done a lot to help these nations, and that this has given them a possibility to escape poverty.
This quote is written / told by Rodrigo Rato somewhere between March 18, 1949 and today. He/she was a famous Politician from Spain.
The author also have 14 other quotes.