Post by account_disabled on Mar 6, 2024 7:37:53 GMT
Following the information about an application by the Albanian Government to the World Bank for a project related to the National Water Supply and Sewerage Program, requesting funding in the amount of 725 million dollars, I am expressing some modest opinions about another alternative, beyond the path we are on always learned: loans to foreigners! First, such projects can be financed with central public debt only if you have a unitary water supply-sewerage company and not dozens of companies that are joint stock companies for each municipality and in principle operate with independent financial management.
Secondly, the format of the best Cambodia Telegram Number Data and normal world practices of water supply financing is that of pre-generating local government bonds (UTILITY REVENUE ImageBOND), which are exclusively related to the investment project in the specific water supply and local network for each city. If the argument is that we can get it from the World Bank with soft conditions, this is a bit of a debate since Albania is not at the level of countries that benefit from concessional loans. If the government really has an interest rate problem, it could very well consider the interest of these bonds to be tax-exempt, so this leads to a significant reduction in the actual interest coupon that will be paid.
Citizens and investors will win, while the government will again be neutral, in this direction (of fiscal income) as well as in the case of borrowing from the World Bank. Read also: The need for a sustainable budget and a fair tax burden The risk of old age without a pension, the debt is expanding rapidly from year to year On the other hand, the government can and should consider using Albanian money to finance these major projects. This has very good effects in several aspects: 1. The money of Albanians is activated in the economy, directly or indirectly (individuals, investment funds, banks, insurance companies, etc.), energizing this money and increasing its efficiency, at a time when lending to the economy is not increasing and is very low in relation to deposits 2.
Secondly, the format of the best Cambodia Telegram Number Data and normal world practices of water supply financing is that of pre-generating local government bonds (UTILITY REVENUE ImageBOND), which are exclusively related to the investment project in the specific water supply and local network for each city. If the argument is that we can get it from the World Bank with soft conditions, this is a bit of a debate since Albania is not at the level of countries that benefit from concessional loans. If the government really has an interest rate problem, it could very well consider the interest of these bonds to be tax-exempt, so this leads to a significant reduction in the actual interest coupon that will be paid.
Citizens and investors will win, while the government will again be neutral, in this direction (of fiscal income) as well as in the case of borrowing from the World Bank. Read also: The need for a sustainable budget and a fair tax burden The risk of old age without a pension, the debt is expanding rapidly from year to year On the other hand, the government can and should consider using Albanian money to finance these major projects. This has very good effects in several aspects: 1. The money of Albanians is activated in the economy, directly or indirectly (individuals, investment funds, banks, insurance companies, etc.), energizing this money and increasing its efficiency, at a time when lending to the economy is not increasing and is very low in relation to deposits 2.