Why the Belt and Road is no debt trap
Friday, April 26, 2019
However, some skeptics in the West accuse China of trying to induce countries, notably the African ones, into borrowing unpayable loans. The aim is for the Asian country to build political and strategic clout on the growing continent.
The accusers seem to have intentionally confused the debt dangers of a company with that of a country, ignored China's risk as a creditor, and excluded such factors as the impact of the 2008 financial crisis, dives in commodity prices and U.S. interest rate hikes on loans to developing countries.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...