Shura Council financial and economic affairs committee chairman Khalid Al Maskati urged members to approve the increased borrowing limit, saying that it would be illogical to reject it now since the money has been already
borrowed and spent.
The borrowing should - as a house purchaser and their bank /building society would discuss in the case of a mortgage - consider what will happen if too high a proportion of revenue account expenditure is allocated to interest and capital repayments to the detriment of other current expenditure, Public authorities have in the past
borrowed to fund capital and revenue expenditure (often for political popularity reasons) and found that within a few years have little current expenditure flexibility resulting from the proportion of the revenue account expenditure used to fund interest and repayment.
Preliminary figures show that the courtroom thriller topped the list of the most
borrowed adult fiction by library members last year.
As compared with the high borrowing from State Bank, all four provinces have
borrowed Rs 42 billion from SBP and Rs 10.
On October 29, 2008, Societe Generale
borrowed $5 billion (Source: Bloomberg)
He said: "While December borrowing was lower than the same month last year and below market expectations, the UK still
borrowed nearly pounds 17bn in one month.
Figures indicate that Spanish banks
borrowed EUR85.
EVERYTHING IS
BORROWED Borrowed dollar,
borrowed dime, Living on,
borrowed time,
Borrowed flat,
borrowed street,
Borrowed food,
borrowed heat.
I hear some comments that we have
borrowed too expensively.
If the shares are
borrowed, the counterparty typically will agree to return identical shares to the taxpayer on demand and will make payments to the taxpayer equal to any dividends or other distributions the taxpayer would have received on the stock.
formerly Berkshire Hathaway)
borrowed $750 million in four separate transactions.
In reality, this sort of borrowing increases the national debt, but clever accounting gimmickry permits the government to claim money
borrowed from trust funds as revenue.