I want to be a warlord

If you want to get rich, you must first build roads. Leaders of these countries all know this concept.

It is not the first time in China. In fact, Europe and the United States have done this earlier. Taking the United States as an example, the construction of the domestic highway network was completed in the 60s.

"You are right. You don't want me to rebuild the road from Najishot to Juba, right? I also want to rebuild all the roads across the country, so that the speed of the troops' advancement will suddenly increase to the highest level, but the problem It’s because I have no money!” Kier said with a smile.

"Of course I know that Nansu has no money, but there are still things that should be done without money. A great man once said that as long as the mind does not slip, there are always more solutions than difficulties." Wang Zhen said with a smile.

"Haha, I can see it. My friend, if you have an idea, please tell me." Kil reacted immediately.

Bystanders know similar things, and there are also people in Nansu. They have been in the Nansu system for too long, and their thoughts have been imprisoned. It is indeed not as clear as outsiders can see. Kiir does not shy away from this.

"Of course you have to find a bank loan if you don't have money, otherwise." Wang Zhen said with a smile: "The African Development Bank's funds mainly come from pledges from member countries, and the loan recipients are African regional organizations. The purposes include promoting agriculture, transportation, communications, industry, and water supply. , public utilities, health, education and private investment development, and provide national loan reform, technical assistance and policy consultation. The loan period of the AfDB is generally 12 to 20 years, and the extension period is 5 years."

After saying that, Wang Zhen put down his cell phone.

Yes, I read it...

"The African Union will not give us a loan. Do you know how much money South Sudan owes the African Development Bank and the World Bank?" Kiir was a little embarrassed to say, "24 billion U.S. dollars. This is the prerequisite for countries to forgive a lot of debts in recent years. Down."

"I know, government debt only accounts for 64% of GDP. Is it a lot?" Wang Zhen smiled and shook his head, "Not much. Really, Nansu's financial situation is very healthy!"

Keir stared at Wang Zhen with big black and white eyes, blinking and blinking. His eyes clearly said: Man, are you kidding me?

"Look at what I'm doing, it's really not high. Your debt ratio is not even among the top 50 in the world. I just checked the debt ratio rankings. El Salvador, which is ranked 68th, has a debt ratio as high as %."

"Japan is 237%, Greece is 176%, Italy is 133%, the United States is 106%, and Belgium, France, and Spain are all hovering between 95% and 100%. These are all Western developed countries, and they all rank at the top of the list. 20%, they are all fine!" Wang Zhen spread his hands, "I don't even understand what you are afraid of!"

A trace of surprise flashed across Keir's face. He really hadn't paid attention to the data in this area. After all, it was the most developed region in the world, and money had already formed a fixed impression. He really didn't expect debt to reach such an extent.

"Well, I really didn't expect their debt to have reached this level. This is simply, do they still have a balance in their annual finances? If they don't have a balance, wouldn't they even be able to pay back the interest?" Keir asked with some gloating.

"How do I know that issuing more currency is the simplest way to reduce the government's public debt and fiscal deficit." Wang Zhen shrugged.

"I think, uh... this is definitely not a good idea." Keir didn't understand finance, but he knew that he couldn't just issue more currency.

Because he has done this before, issuing billions more to stimulate economic development, nonsense... The debt seems to be gone, wiped out, but this is just a numbers game, and the change in GPD will not be much. It's just passing the debt on to everyone.

The more cash you have on hand, the greater your losses.

This is why many large companies are willing to increase fixed assets or hold large amounts of U.S. dollars.

Of course, if there is an additional issuance of US dollars... it will be equally miserable.

"In addition, South Sudan is not like countries in Europe and the United States. Our fiscal structure is not good, most of our income falls on oil, and our ability to resist risks is very low. Our current debt has already made us breathless." Kiir sighed. tone.

"No, no, no, that was last year, not this year. The results of Najishot's large-scale development are obvious to all. Don't you have confidence in the development of Najishot?" Wang Zhen looked at Kiel solemnly.

"Yes, of course, because I believe in you!" Kil smiled and flattered.

Wang Zhen thought it was great.

"The same is true for the African Development Bank. Our cement plant alone has an annual output of 150 million tons. If converted to the current market price, that is an output value of US$3.3 million, which directly increases GDP by 8%. Its derivatives The output value will be more." Wang Zhen said loudly: "Our cement plant is about to be completed and put into operation. The facts are before our eyes. The African Development Bank cannot fail to see that the repayment capacity of South Sudan is increasing, and the establishment of the African Development Bank Isn’t that the purpose?”

Being reminded by Wang Zhen, Kiel's eyes also lit up. Mainly because seven years after the founding of the country, the changes in South Sudan's GPD were fully reflected in the international oil price. The higher the oil price, the higher the GDP of South Sudan.

In recent years, Kiel and other parties have focused on the civil war... There is really not much development in South Korea.

"Is it really possible?" Kil's eyes lit up.

Finally, Wang Zhen threw out another bargaining chip, "If this loan goes well, then our cement plant will try to use South Sudanese pounds for settlement in the future."

"Are you sure!" Kil suddenly sat up straight.

"I'm sure!" Wang Zhen nodded heavily, "90% of employee expenses and 80% of domestic transactions can be settled with South Sudanese pounds. I will also vigorously promote the use of South Sudanese pounds for settlement in Najishot."

90% of employees, talking about the middle and lower levels, and senior executives definitely still need US dollars for settlement.

"Seriously!" Kil stared at Wang Zhen.

"Really! You also own 20% of the shares, you are the major shareholder!" Wang Zhen reminded with a smile.

"Huh, okay, in that case, the government will build the road from Najishot to Juba for you!" Kiir laughed and held Wang Zhen's hand, as if he was afraid that he would regret it. The reason why Keir is so excited is because this is indeed a huge concession.

After all, the Nansu pound... this thing is just waste paper outside of Nansu. It is the kind of waste paper that even the counterfeit currency groups are not willing to make!

Even wiping my butt is too hard!

Even if there are 1000 billion South Sudanese pounds in the account, it will never be spent out of South Sudan and it will be worthless.

Even in South Sudan, when doing large transactions, everyone is more willing to accept US dollars than South Sudan pounds.

Of course, euros and pounds are also available.

In fact, let alone the South Sudan pound, no one accepts the RMB, including Chinese businessmen, who actually settle in US dollars.

Because we are a country with foreign exchange controls.

(PS: This policy has been criticized internationally. Lao Ma was just crazy and thought he was influential in the praise at home and abroad. He was severely punished for his bald words in this regard. Foreign exchange control has good and bad aspects. For ordinary people, the advantages far outweigh the disadvantages.)

The South Sudanese government is not strong enough and everyone prefers to use US dollars. This has resulted in the South Sudanese pound, the national currency, being mostly circulated only among the poor.

The country's rich people don't recognize it, there is insufficient liquidity, the currency value is unstable, the government's foreign exchange reserves are insufficient, and a large amount of wealth is flowing out. How can it develop!

There is no chance to even issue additional issuances or government bonds, and the central bank of South Sudan cannot regulate the market.

Regulations come and go, and only the poor are affected.

The people have become poor and have no money to make money!

In comparison, due to foreign exchange controls in China, no matter how rich you are, your assets are calculated in RMB. If you knock it down with a stick, everyone will be confused!

It can be said that Wang Zhen's decision solved Kiir's big trouble. With a loan of US$300 million, he dared to issue an additional billion South Soviet pounds!

One piece is like two pieces of flowers!

Wangzhen is not without its benefits. If the South Sudanese government settles with Nansu pounds, the Nansu government will inevitably end up forcing the sale of cement plants.

After all, South Korea prints its own pounds...not US dollars!

Of course, there are also disadvantages, that is, there will be a large amount of waste paper such as Nansu pounds in the accounts of cement factories in the future.

It is not easy to convert South Sudanese pounds into US dollars.

Don’t count on the South Sudanese government. South Sudan’s foreign exchange reserves in 2017 were only over 3000 million, which was not as much as the U.S. dollars in Wang Zhen’s hands...

But the problem is not big. Just like when Japanese companies invested in Huaxia, a large amount of Huaxia coins can be used for employee expenses and investment.

When China was undergoing reform and opening up, why did we still attract foreign investment even though we knew we were losing money?

It’s not just about GDP and employment. It’s easy to get in but hard to get out. The meat rots in the pot!

Of course, if you are not a country with foreign exchange controls, it will not be that useful.

……

In Rumbek, the northern city of Juba and the capital of Lake State, a dozen trucks are loading in a warehouse rented by an American charity.

The porter hummed as he loaded bags of flour, barrels of palm oil, bags of rice, and boxes of small household appliances into the truck.

The old black drivers got together and slapped each other. The driver supervisor held a briefcase under his arm and was walking towards the warehouse door, but no matter how he walked, the bag he was holding was pointed steadily at the warehouse door. .

When we came to several American employees from charity organizations, the driver supervisor bared his big white teeth and greeted a few people. He opened his bag, took out a box of Camel and started to smoke. He flicked the zippo lighter and helped a few people light it. Getting angry, he took a long breath of smoke and said, "I have a friend who also wants to order this good product."

"Do you have a friend?" A mixed-race black man looked at the African old man sideways, "Is the friend you are talking about yourself?"

Several people burst into laughter. The driver supervisor did not feel embarrassed. He bared his big white teeth and shrugged, "Man, don't be so rigid. Money is not an issue. We spent a lot of money to get your order."

"Ha, don't think about it. These goods have been ordered a long time ago." A white man curled his lips, not wanting to look at the driver supervisor.

"Hey, man, don't be like this, we are all partners." The driver supervisor said with a smile.

The white man looked diagonally at the driver supervisor up and down. He didn't say a word, but the meaning was obvious. Who the hell is your partner? Do you deserve it?

"We just helped you haul so much cassava flour and corn flour. We also worked very hard." The driver supervisor said unhappily: "We are all here, and we know everything."

With one sentence, the atmosphere at the scene immediately cooled down. (End of chapter)