Chapter 623: Trick Kiel into taking out a loan
If you want to get rich, you must first build roads, and the leaders of these countries all know it.
It is not the first in China, in fact, Europe and the United States did this earlier, taking the United States as an example, the construction of the domestic highway network was completed in the 60s of the last century.
"You're right, you don't want me to rebuild the road from Najishot to Juba, do you? I also want to rebuild all the roads in the country, so that the speed of the troops' advance will be increased to the maximum, but the problem is that I don't have the money! Kiel said with a smile.
"Of course I know that Nansu has no money, but there are some things that should be done or done without money, and the great man once said that as long as the mind does not slip, there are always more ways than difficulties." Wang Zhen said with a smile.
"Haha, I can see it, my friend, do you have an idea, tell me about it." Kiel reacted immediately.
Bystanders are similar, Nansu also has it, they have been in the system of Nansu for too long, and their thoughts are imprisoned, and it is indeed not as clear as outsiders, and Kiel does not shy away from this.
"If you don't have money, of course, you have to find a bank loan, otherwise." Wang Zhen said with a smile: "The African Development Bank is mainly funded by pledges from member countries, and the loan objects are African regional organizations, including promoting the development of agriculture, transportation, communications, industry, water supply, public utilities, health, education and private investment, and providing national loan reform, technical assistance and policy advice, and the term of the African bank loan is generally 12~20 years, and the extension period is 5 years." ”
With that, Wang Zhen put down his phone.
Yes, read it......
"The AU will not give us a loan, do you know how much South Sudan owes the African Development Bank and the World Bank now?" Kiel was a little embarrassed, "$2.4 billion, and that's on the premise that countries have forgiven a lot of debt over the years." ”
"I know, government debt is only 64% of GDP, is that much?" Wang Zhen shook his head with a smile, "It's not much, really, Nansu's financial situation is very healthy!" ”
Kiel stared at Wang Zhen with big black and white eyes, blinking, and the eyes were clearly saying: Man, are you pulling calves?
"Look at what I'm doing like this, it's really not high, your debt ratio can't even enter the top 50 in the world, I just checked the debt ratio list, and El Salvador, which ranks 50th, has a debt ratio of 68%."
"And Japan 237%, Greece 176%, Italy 133%, the United States 106%, Belgium, France, Spain, are hovering at 95%-100%, this is still the developed countries of the West, all ranked in the top 20% of the list, they are all fine!" Wang Zhen spread his hands, "I don't understand what you're afraid of!" ”
A hint of surprise flashed on Kiel's face, he really hadn't paid attention to the data in this area, after all, it was the most developed region in the world, and having money had already formed an inherent impression, and he really didn't expect the debt to reach this level.
"Well, I really didn't expect them to be in debt to this extent, it's just, do they still have an annual financial balance? If you don't have a balance, won't you even pay the interest? Kiel asked with some schadenfreude.
"How do I know that the issuance of more money is the easiest way to reduce the government's public debt and fiscal deficit." Wang Zhen shrugged.
"I think, uh...... It's definitely not a good idea. "Kiel doesn't understand finance, but he knows you can't just issue more money.
Because he has done this, how many billions of additional issuances, stimulating economic development or something,...... The debt looks gone, erased, but it's just a numbers game, and it won't change much in GPD, it's just a matter of passing the debt on to everyone.
The more cash you have, the more you lose.
That's why many large companies are willing to increase their fixed assets, or hold a large amount of dollars.
Of course, if you encounter an additional dollar issuance...... It's just as miserable.
"In addition, the South Soviet Union is not a country like Europe and the United States, our fiscal structure is not good, most of our income falls on oil, and our ability to resist risks is very low, and the current debt has made us breathless." Kiel sighed.
"No, no, no, it was last year, not this year, Najishot has developed on a large scale, and the results are obvious to all, don't you have confidence in Najisot's development?" Wang Zhen looked at Kiel with a solemn expression.
"Yes, of course, because I believe in you!" Kiel laughed and gave a sycophant.
Wang Zhen thought it was amazing.
"It's the same for the African Development Bank, just our cement plant, with an annual output of 1.5 million tons, converted to the current market price, that is, an output value of 330 million US dollars, which directly increased GDP by 8%, and its derived output value is more." Wang Zhen said loudly: "Ours, the cement plant will be completed and put into trial operation soon, the facts are in front of us, it is impossible for the African Development Bank not to see it, the repayment capacity of the South Soviet Union is increasing, and the purpose of the establishment of the African Development Bank is not this!" ”
was reminded by Wang Zhen that Kiel was also a bright eye, mainly in the 7 years since the founding of the country, the GPD changes in South Sudan are fully reflected in the international oil price, the higher the oil price, the GDP of the South Sudan will rise a little.
In these years, Kiel's and other parties focused on the civil war...... Nansu is really not much development.
"Really?" Kiel's eyes lit up.
In the end, Wang Zhen threw out another bargaining chip, "If this loan goes well, then, our cement plant will try to use South Sudanese pounds for settlement in the future." ”
"Are you sure!" Kiel sat up sharply.
"I'm sure!" Wang Zhen nodded heavily, "90% of the staff expenses and 80% of the domestic transactions can be settled in the South Su pound, and I will also vigorously promote the use of the South Su pound in Najishot." ”
90% of the employees are talking about the middle and lower levels, and the executives definitely still need dollars for settlement.
"Seriously!" Kiel stared at Wang Zhen.
"Really! You also have a 20% stake, you are a major shareholder! Wang Zhen reminded with a smile.
"Huh, okay, in that case, the road from Najishot to Juba will be repaired by the government!" Kir laughed and grabbed Wang Zhen's hand, as if he was afraid that he would regret it.
The reason why Kiel is so excited is because it is indeed a huge concession.
After all, the South Su pound ...... This thing is waste paper outside of South Sudan, the kind of waste paper that counterfeit money groups are unwilling to make!
Wipe your ass and dislike hard!
Even if there are 100 billion Nansu pounds in the account, you will definitely not be able to spend it if you leave Nansu, and it is worthless.
Even in South Sudan, when trading in large quantities, people prefer to receive US dollars rather than South Sudan pounds.
Of course, the euro and the pound will do.
In fact, not to mention the Nansu pound, that is, everyone does not accept RMB, including Chinese businessmen, which is actually settled in US dollars.
Because we are a foreign exchange control country.
(PS: This policy has been criticized internationally, Lao Ma is crazy, he thinks he has influence in the touting at home and abroad, and he has been cleaned up in this regard, and foreign exchange control is good and bad, and for ordinary people, the benefits far outweigh the disadvantages.) )
The South Sudanese government is not strong enough to be able to use the US dollar, which means that the vast majority of the national currency, the South Sudanese pound, is only circulated among the poor.
The rich people in the country do not recognize it, the liquidity is insufficient, the currency value is unstable, the government's foreign exchange reserves are insufficient, and a large amount of wealth is outflowing.
There is no chance to even play with additional issuance or treasury bonds, and the Central Bank of the South Sudan cannot regulate the market if it wants to.
Regulation comes and goes, and it affects the poor.
The people have become poor ghosts, and there is no oil and water to fish!
In comparison, because of foreign exchange control in China, no matter how rich you are, the calculated assets are all RMB, and if you knock it down with a stick, you are all confused!
It can be said that Wang Zhen's decision has solved Kiel's big trouble, and with a loan of 100 million US dollars, he dares to issue an additional 30 billion Nansu pounds!
One piece as two flowers!
Wang Zhen is not without benefits, with the Nansu pound settlement, the Nansu government will inevitably end, and the sales of cement plants will be forcibly promoted.
After all, the Nansu pound is printed by itself...... Dollars don't work!
Of course, there are also disadvantages, that is, there will be a large amount of waste paper in the head of the cement plant in the future.
It's not easy to convert South Sudan pounds into US dollars.
Don't count on the Nansu government, the foreign exchange reserves of the Nansu in 2017 are only more than 30 million, which is not as much as the US dollars in Wang Zhen's hands......
However, it is not a big problem, just like when Japanese companies invested in Huaxia, a large amount of Huaxia coins could be used for employee expenses and investment.
At that time, when the domestic reform and opening up, why did you attract foreign investment even though you knew that it was losing?
It's not just GDP and employment, it's easy to get in, it's hard to get out, and the meat is rotten in the pot!
Of course, if you are not an exchange control country, it will not be so useful.
……
In the northern city of Jubasi, in Rumbek, the capital of Lake State, more than a dozen trucks are loading goods in a warehouse contracted by an American charity.
The porters hummed and carried bags of flour, barrels of palm oil, bags of rice, and boxes of small household appliances onto the truck.
The old black drivers got together and smacked their asses, and the driver supervisor held a briefcase under his armpit and swayed towards the warehouse door, but no matter how he walked, the bag he was holding was smoothly aimed at the warehouse door.
Coming to the American employees of several charities, the driver supervisor greeted a few people with big white teeth, opened the bag, took out a box of camels and began to smoke, shook the zippo lighter in a chic manner, helped a few people light the fire, and took a long puff of cigarette, "I have a friend who also wants to order this kind of good goods." ”
"Do you have a friend?" A black mixed-race man squinted at the African black, "Is the friend you are talking about?" ”
Several people immediately laughed, and the driver supervisor didn't feel embarrassed, bared his big white teeth and shrugged, "Man, don't be so rigid, money is not a problem, we spent a lot of money to get your order." ”
"Ha, don't think about it, these goods have already been ordered." A white man pouted, unwilling to look at the driver in charge.
"Hey, man, don't do that, we're all partners." The driver supervisor said with a smile.
The white man looked the driver supervisor up and down obliquely, and didn't say a word, but the meaning was obvious, who is a partner with you, and you are also worthy?
"We just helped you bring so much tapioca flour and corn flour, and we are also working hard." The driver supervisor said unhappily: "It's all our people here, we know everything." ”
In a word, the atmosphere at the scene immediately cooled down. (End of chapter)