This is more accurately called an economy with a vicious circle system. Debt will be a binder for each generation that continues to bear the consequences of government carelessness in making decisions. This debt is then utilized in sectors that are sometimes not in accordance with the objectives. Infrastructure is still stagnant, people's welfare is never achieved because in the process the people are burdened with higher taxes. That is why the debt system to the world bank will continue to be a vicious circle that has no end.
The loan system will continue to ensnare and connect to problems in the life of the nation because the government must think about the costs that must be paid consistently. The purpose of the loan is to develop infrastructure and for the economic growth of a country to be better, but in practice it does not go according to expectations and in the end the people are forced to pay taxes to cover loans to other countries. Infrastructure is also built not because of the rightness that suits the needs but becomes a priority for urban areas while people in the villages do not get adequate access to infrastructure.
Managing a country is indeed not easy and that's where we see the capacity of leaders who have ideas for progress and most importantly any development will be touched according to the needs of the community in developing a creative economy based on independence. If society is prosperous, it will be much easier for the country to get out of debt because the system can run well and income per capita can also increase.