Debt renegotiation means:
Ataking out new loans to pay off old ones
Breworking the terms on which a loan will be repaid
Callowing and MNC to purchase the debt and invest in the country whose debt it has purchased
Dshifting debt from governmental creditors to multilateral creditors
Correct answer
B. reworking the terms on which a loan will be repaid
Explanation
The correct answer is reworking the terms on which a loan will be repaid.