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Airlines: External capital borrowing up to $1 billion will be permitted for working capital.
Drivers would pay tolls to cross; the revenues would help repay capital borrowing.
Even the International Monetary Fund's austerity rules allow capital borrowing against the creation of productive assets.
Increasing capital borrowing was "absolutely essential", but he chided the UK government for not allowing it more quickly.
A spokesman for the Conservative party said Balls's announcement was confirmation that a Labour government would lead to more capital borrowing and higher taxes.
In the mid-1990s, he pointed out, the emerging economies of Asia had been major importers of capital, borrowing abroad to finance their development.
Similar(40)
If you've been saving that surplus you can use that to repay the capital borrowed.
In the 19th century, the United States built its railroads with capital borrowed from the British.
They take some of a bank's capital, borrow huge amounts against it, and invest the lot in the markets.
"[The R3] survey highlights large numbers of consumers who only ever pay off interest without touching the capital borrowed – this is a very alarming situation.
The customer only pays the interest on the capital borrowed, while paying into an endowment policy every month that, ideally, will provide enough money to pay back the capital part of the loan once it matures.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com