Dar Sb trying to fool us again? Loans ≠ investment. RT @PIDPakistan: ADB agrees to invest in Pakistan's energy, communication sectors
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@mosharrafzaidi @PIDPakistan Generally, loans are cheaper than equity investments... All else being constant! -
@LeAccountant @PIDPakistan A loan from the ADB is one in which taxpayers carry burden of risk. An investment would entail risk by investor. -
@mosharrafzaidi @PIDPakistan With off-take guaranteed the taxpayers pay either way. ROE is always higher than debt.
End of conversation
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