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05 Aug 2008
National's plan to fund investment from debt ok
Dr Ganesh Nana
BERL believes that National's plan to fund infrastructure investment from debt is OK, as long as the investment results in improved productivity. Senior economist Dr Ganesh Nana believes that borrowing for infrastructure is a good theory and that it is carried out by every business in New Zealand. However, it is important to "nail down" what projects National is intending to spend the money on and to ensure that they add to the country's income and productivity. Read the full article in the Otago Daily Times here.
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