QUESTION 3 a) From a financial intermediation stand point, explain why developing countries finance. projects largely...

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QUESTION 3 a) From a financial intermediation stand point, explain why developing countries finance. projects largely through government borrowing from international banking market, and multilateral institutions? [5 marks] b) Using examples of public infrastructure projects in Ghana, differentiate between offtake agreement and concession agreement. [5 marks] c) Explain why project finance is largely for public infrastructure projects but financed by the private sector in the 20th and 21st centuries? d) Why are pension funds more suitable sources of Project finance? [5 marks] [5 marks] [Total = 20 marks] QUESTION 3 a) From a financial intermediation stand point, explain why developing countries finance. projects largely through government borrowing from international banking market, and multilateral institutions? [5 marks] b) Using examples of public infrastructure projects in Ghana, differentiate between offtake agreement and concession agreement. [5 marks] c) Explain why project finance is largely for public infrastructure projects but financed by the private sector in the 20th and 21st centuries? d) Why are pension funds more suitable sources of Project finance? [5 marks] [5 marks] [Total = 20 marks]

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Developing countries often rely on government borrowing from international banking markets and multilateral institutions for project financing due to several reasons Limited Domestic Resources Develop... View the full answer