Whenever a country suffers from financial problems, things could get worst. Under such kind of circumstances, the country may declare financial emergencies. This kind of conditions may arise when the financial condition of a country could get worst and take a dangerous turn. So, what is financial emergency? What can a country do and how does it affect businesses in a country? having said that, financial emergencies could also be declared by companies as well, isn't it?
What is financial emergency?
- Thread starter Passiveearner
- Start date
I think the government in my country borrowed billions from the World Bank during the rage of the coronavirus. The money was spent on the buying of the vaccine until, the time countries in the world give free medicine like China, United States, Russia, Germany, Switzerland, and more.
