In principle, sub-national authorities have several financing models to choose from for their infra-structure projects. A common model involves the authority taking a long term loan from a bank. Since most commercial banks do not lend for the length of time appropriate for infrastructure projects (15 years or more), this type of loan is most likely to come from a development bank or national government agency. Another model involves the authority...
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2012/07/01
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Informativo
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73640
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1
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1
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2012/11/14
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Disclosed
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The advantages of structured financing for sub-national authorities
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Public Private Infrastructure Advisory Facility
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