Measures taken by the New Zealand government to manage foreign debt

Abstract

The outbreak of the international debt crisis has raised many new issues for the management of my country's foreign debt. The revelation of the debt crisis to our country is that it is easy to repay foreign debts when it is borrowed, and if it is not well controlled, managed and used improperly, it will not only fail to play a positive role in the development of the national economy, but will also bring serious consequences. On the other hand, countries that have successfully managed foreign debts have provided my country with the experience of formulating foreign debts that are in line with their own national conditions and adapt to changes in the international economic and financial situation.