Who lends money to goverment when they need it?
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World Bank and IMF lends money when the government needs. US provides money to the World Bank and IMF. The president of these both foundation a citizen of US elected by the Finance Minister of America.
PulkitChamp:
nice answer
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hey friend! here is your answer-
the parliament sometimes or the banks like [UK national] this bank is made for these purposes only to lend money to government of a country.
but the government needs high amount of money and so it has to repay it bank with the interest rate to the banks.
the government need money for building buildings or preserving heritage or many other things as per government.
hope it helps.please mark it brainliest.
the parliament sometimes or the banks like [UK national] this bank is made for these purposes only to lend money to government of a country.
but the government needs high amount of money and so it has to repay it bank with the interest rate to the banks.
the government need money for building buildings or preserving heritage or many other things as per government.
hope it helps.please mark it brainliest.
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