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BEST IELTS Writing Task 2, 31st October
WRITING TASK 2 (AC + GT)
WRITING TASK 2 (AC + GT)
As most foreign aid often benefits the door more than the receiver, developing countries should refuse to repay their debts. Do you agree?
SAMPLE ANSWER
Repayment of loans taken by borrowers, be they individuals or nations is obligatory and mandatory. Rich nations have been lending money to poor ones for several decades ones from loan transactions. However, this essay does not support the argument that poor nations must refuse to repay the money that they have borrowed from rich nations.
On the other hand, loans benefit the donor nations more than the receiving ones is inherent in the process of lending. For example, loans advanced by the International Monetary Fund and World Bank, are under the control of developed countries. Poor nations receive huge loans for projects proposed by these financial agencies, many of which cater to the needs of the donors themselves. Moreover, developing nations spend huge amounts of this borrowed money to import machinery and arms ammunition from developed nations.
On the other hand, all these reasons are not enough to argue ethically that loans taken should not e paid back. A loan is a loan, and irrespective of how it was spent, it should be paid back. To maintain good relations between the donor and the receiving nations, conditions of agreement must be followed religiously. To abide by laws is vital for the very existence of mankind and, as such, a debt should not turn out to be a bed debt.
Having looked at both the sides of the issue, it can be safely argued that since coexistence is the buzzword today, refusing to repay borrowed money is morally indefensible. It will also cause difficulties in getting help in times of need.