Minister of Infrastructure and Housing Development, Mr Nonofo Molefhi told Parliament on March 5 that the environmental impact assessment of all the borrow
pits was done and approved between 2008 and 2009.
There is no country that does not borrow
from outside, even the richest economies, because they cannot be able to finance their budgets without borrowing.
We are well aware of workers who borrow
from money lenders of the informal sector that the terms can be onerous in terms of interest and fees.
The government continues to borrow
without a policy on cutting spending or stopping unnecessary deals and it has to tell us how it would repay such huge amounts," he said.
The government will borrow
Rs680 billion each in April and May from markets, and it can borrow
up to Rs350 billion from the Reserve Bank of India in short-term debt during April-September, finance ministry officials familiar with budget said.
During the height of the financial crisis, banks around the world lined up to borrow
money from the discount window of the Federal Reserve.
It reminded us of a cartoon we saw recently that shows a person saying to his banker, "I want to borrow
money so I can get out of debt.
Banks in Spain are believed to have increased their borrowing from the ECB as financial institutions in the country are finding it difficult to borrow
from the international capital markets.
Finance Minister Ingrida Simonyte says that no new bonds will be issued in the coming months; despite the better economic outlook, however, there are still plans to borrow
around 13 billion litas (3.
In TAM 200604033, the IRS concluded that a VPF was a common law sale at (or near) inception, because the taxpayer (among other things) permitted the counterparty to borrow
the shares the taxpayer pledged as collateral.
An original story by Marcie Gilbert and Jamie Green, Zee Adventure One: Borrowing China is a whimsical picturebook about a red-haired, green-eyed girl named Zee who sets out to ask to borrow
the country of China for her mother's dinner party, not realizing that her mother just wants to rent fancy plates.
short-term interest rates at extraordinary lows (at one point the Fed funds rate was set at 1 percent), financial institutions would borrow
on the short end of the yield curve and buy the long end, guaranteeing a nice profit even before taking any risk.