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There are indeed certain risks for loans borrowed by local government financing platform enterprises, but the overall risk is currently controllable and will not lead to systematic risks, said senior officials from the Ministry of Finance and China Banking Regulatory Commission.
There is a debt funding gap of over Rs 1.62 lakh crore in infrastructure financing for the current 11th Five Year Plan but the government has no plans to channelise foreign savings in the sector, Parliament was informed today.
There is a debt funding gap of over Rs 1.62 lakh crore in infrastructure financing for the current 11th Five Year Plan.
Cash is the lifeline of a company. If this lifeline deteriorates, so does the company's ability to fund operations, reinvest and meet capital requirements and payments.
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