Japan intends to confirm over $1.83b in aid next week

[UKBengali]

Pulling numbers from your you know what again?

https://www.ceicdata.com/en/indicator/japan/bank-lending-rate

Japan could easily get 0.5% more (or more given this is just base rate) on this loan servicing within its own domestic economy and right away. So offering a massive grace period of 10 years AND a 30 year window AND fixed 1% interest rate is a pretty huge ODA (and hence why it gets put as ODA in first place) that amounts to effectively some level of billions when all is said and done. The exact number of that will only be available after that window has elapsed by checking the opportunity cost integral.

@bluesky

For once I semi agree with you.

Actually the interest rate is a paltry 0.01%. With the 10 year grace period and then repayment over the next 30 years this is a very good deal for BD. Inflation will so eat away at the principal amount that it is only technically a loan and is in practice more a grant.

Yep, Japan is by far the best development partner of BD and will hand out around 2 billion US dollars a year of these ultra low-interest loans over the next 5 years. Most of Dhaka's infrastructure over the next 15-20 years will be built using JICA loans.

It is true that Japan is getting some benefits out of this by getting work for it's companies but this is on the whole Japan genuinely wanting to help a poor country like BD out. I am sure that BD will always remember the generosity that Japan has shown it.

 

[Nilgiri]

For once I semi agree with you.

Actually the interest rate is a paltry 0.01%. With the 10 year grace period and then repayment over the next 30 years this is a very good deal for BD. Inflation will so eat away at the principal amount that it is only technically a loan and is in practice more a grant.

Yep, Japan is by far the best development partner of BD and will hand out around 2 billion US dollars a year of these ultra low-interest loans over the next 5 years. Most of Dhaka's infrastructure over the next 15-20 years will be built using JICA loans.

It is true that Japan is getting some benefits out of this by getting work for it's companies but this is on the whole Japan genuinely wanting to help a poor country like BD out. I am sure that BD will always remember the generosity that Japan has shown it.

Yep Japan is a great partner to have in development. BD should look to more of their assistance in the next few years to develop a broad industrial+transport+energy corridor in Dhaka - CTG like they are doing with India between Delhi and Bombay (and other zones too). Japanese sheer coordination for this given their conurbation strategy in high pop density area is 2nd to none, rivaled maybe by the Dutch, Germans and now Chinese+Koreans to some extent.

Japanese know that people (that they help) remember, they get back much in return over time like Maruti Suzuki has shown for example....they know positive things long term are not always going to 100% derive from the direct loan/aid money initially.

 

[bluesky]

Excellent analysis Bhai.

You are and will remain as fool as @mb444. Both of you have comprehensive problem of the mind of a country that gives money in one hand to a very poor Bangladesh and then does not really take it back by subsequently denoting it as grant. Better you read the excerpt I have provided in my previous post, stupid Tk300/cup of tea drinker. How long you will remain a small child? Read again the excerpt below:

"The cumulative amount of Japan’s grant aid to Bangladesh has reached 494.489 billion yen, out of which 256.866 billion yen was given in the form of grant aid for the debt relief. Bangladesh is the largest country receiving Japan’s grant aid in the form of the debt relief".

Now, do you really understand what is the meaning of debt relief? Do you, the AL cronies think that you can deny Japanese debt relief Fitra to BD by just denying it in the PDF discussion forum? Do you think fools like you can change the reality? The country remains a beggar because of the mindset you guys have. Get the alms and then criticize the donor. How ingrate the BD people are!!!
@mb444

 

[mb444]

You are and will remain as fool as @mb444. Both of you have comprehensive problem of the mind of a country that gives money in one hand to a very poor Bangladesh and then does not really take it back by subsequently denoting it as grant. Better you read the excerpt I have provided in my previous post, stupid Tk300/cup of tea drinker. How long you will remain a small child? Read again the excerpt below:

"The cumulative amount of Japan’s grant aid to Bangladesh has reached 494.489 billion yen, out of which 256.866 billion yen was given in the form of grant aid for the debt relief. Bangladesh is the largest country receiving Japan’s grant aid in the form of the debt relief".

Now, do you really understand what is the meaning of debt relief? Do you, the AL cronies think that you can deny Japanese debt relief Fitra to BD by just denying it in the PDF discussion forum? Do you think fools like you can change the reality? The country remains a beggar because of the mindset you guys have. Get the alms and then criticize the donor. How ingrate the BD people are!!!
@mb444

I am afraid it is you who do not understand basic economics. Loans are granted at nominal rates on condition of spending money with Japanese companies or entities. The multiplier effect returns for japan in real term much more dividend than the face value of the loan agreement. The so called debt relief is after full return of capital plus interest has been received and is a means of binding BD and is perfect of gaining long term influence through good will. Do you think BD would have given Japan an interest in our deep sea port without japan having build their credentials via economic consideration.

You are sorely mistaken if you are naive enough to believe that the world runs on aultarism.

 

[bluesky]

I am afraid it is you who do not understand basic economics. Loans are granted at nominal rates on condition of spending money with Japanese companies or entities. The multiplier effect returns for japan in real term much more dividend than the face value of the loan agreement. The so called debt relief is after full return of capital plus interest has been received and is a means of binding BD and is perfect of gaining long term influence through good will. Do you think BD would have given Japan an interest in our deep sea port without japan having build their credentials via economic consideration.

You are sorely mistaken if you are naive enough to believe that the world runs on aultarism.

Again you are blabbering the same thing all the time. Read the excerpt and talk about economy that you do not know or understand. Are you not the guy who always talk of getting ToT from the foreign companies. You do not even know a single word of engineering. That is why you think BD, a Kindergarten student, can learn a Ph.D thesis just be reading your so-called ToT.

Stop talking any more nonsense and acknowledge a country that is giving BD only grant, directly and indirectly. Why do not you yourself start building all the cars, trucks, weapons and missiles and planes in BD just by reverse engineering? Is it not easier to do than learning from your ToT? Your type of guys will cause BD to remain undeveloped until at least 3041.

 

[sbmc27]

দুই হালারপুত (একই ব্যাক্তি) সমানে ধুয়ে যাচ্ছে,
ওই সাইকো মাদারিকে ট্যাগ করাটা কি জরুরী?
জরুরী হলে আমাদের উচিৎ ওকে ওর ভাষাতে ঊত্তর দেয়াl
Keep distance from dog.

Regards.

 

[TopCat]

I am afraid it is you who do not understand basic economics. Loans are granted at nominal rates on condition of spending money with Japanese companies or entities. The multiplier effect returns for japan in real term much more dividend than the face value of the loan agreement. The so called debt relief is after full return of capital plus interest has been received and is a means of binding BD and is perfect of gaining long term influence through good will. Do you think BD would have given Japan an interest in our deep sea port without japan having build their credentials via economic consideration.

You are sorely mistaken if you are naive enough to believe that the world runs on aultarism.

I dont think Japanese loan had any grand scheme. I had opportunity to have a Japanese friend and who happened to be JAICA head in Bangladesh. They had a clear intention of helping Bangladesh.

Last time Japan relieved entire loan of Bangladesh amounting 9 billion dollar. They not only relieve that loan but asked BD government to utilize the money to other development project so that govt dont just spend it in non development sector.

 

[Bilal9]

দুই হালারপুত (একই ব্যাক্তি) সমানে ধুয়ে যাচ্ছে,
ওই সাইকো মাদারিকে ট্যাগ করাটা কি জরুরী?
জরুরী হলে আমাদের উচিৎ ওকে ওর ভাষাতে ঊত্তর দেয়াl
Keep distance from dog.

Regards.

মুখ খিস্তি করতে চাইসিলাম কিন্তু সংযম করলাম। এই দুই নীলা বেকুবরে আমরা ট্যাগ করি দেইখাই এরা এত পাত্তা পায় আর এখানে আইসা রাতদিন ভেগের ভেগের করতে থাকে। যেইটারে বাংলা প্রশ্ন করসিলাম সে উত্তর তো দেয়ই নাই তার উপরে গালাগালি ডাবল বাড়াইয়া দিসে। মডদের বইলা এই জাপান এর গাধার একাউন্ট ডিলিট করানো উচিত। আমার ধারণা এই পাবলিক একশো ভাগ ফলস ফ্ল্যাগর।

 

[bluesky]

I dont think Japanese loan had any grand scheme. I had opportunity to have a Japanese friend and who happened to be JAICA head in Bangladesh. They had a clear intention of helping Bangladesh.

Last time Japan relieved entire loan of Bangladesh amounting 9 billion dollar. They not only relieve that loan but asked BD government to utilize the money to other development project so that govt dont just spend it in non development sector.

Very heartening to hear from a knowledgeable poster. I will just give an example how JICA/GoB is continuously helping Bangladesh. I have heard from the Bangladesh Embassy in Tokyo that in many cases, the GoB will ask the Embassy to prepare a list of emergency materials/goods that BD would like to import.

But, this import is not actually paid by BD. Instead, BD pays the money from its outstanding yearly debt payment to Japan. It means, if BD has to refund $50 million in a year, Japan asks BD to import $50 million worth of goods. So, as a result, Japan does not actually take any money back. Rather, it further helps BD every year.

I would very much appreciate if people try to understand what I have said so far about the inter-linking of Japanese loan and grant to Bangladesh.

 

[Dash]

If I am not wrong some Pakistani's are worried over 1% interest BD has to pay over 8% by Chinese!!!

 

[mb444]

I dont think Japanese loan had any grand scheme. I had opportunity to have a Japanese friend and who happened to be JAICA head in Bangladesh. They had a clear intention of helping Bangladesh.

Last time Japan relieved entire loan of Bangladesh amounting 9 billion dollar. They not only relieve that loan but asked BD government to utilize the money to other development project so that govt dont just spend it in non development sector.

You may choose to believe your JAICA freind but I live in the real world where decisions are made on the basis of expected measurable outcomes.

These people are spending japanese taxpayer money who would expect a return that is quantifiable. It is eye opening to see so many who are willing to be hoodwinked.

You have a friend who is supposedly the head of the Jaica.... take it from me who trained as an accountant with DFID the British department for international development that you most certainly are not aware of how descision are made. Trust when I tell you this not even emergency aid in natural disasters or wars are made without expected returns. Why do you think when something happens donars pledge lots of money but very little is actually given. It is because a descision is made on the basis of successful economic, political, military dividend that is to be earned and only maybe the two/three likely winners of that bidding war for influence end up paying. Everybody else withdraws.

Trust logic and believe it when you hear it, even if it is unpalatable. Go back to your freind and ask them how do they appraise their investments and initiatives and ask to see or ask them to explain their scoring methodology. If they tell you hopefully it will dispel your current views which are based on your feeling and hearsay and not actual facts. Having a freind in JAICA does not does not unfortunately make you an expert in this field.

 

[Nilgiri]

You may choose to believe your JAICA freind but I live in the real world where decisions are made on the basis of expected measurable outcomes.

These people are spending japanese taxpayer money who would expect a return that is quantifiable. It is eye opening to see so many who are willing to be hoodwinked.

You have a friend who is supposedly the head of the Jaica.... take it from me who trained as an accountant with DFID the British department for international development that you most certainly are not aware of how descision are made. Trust when I tell you this not even emergency aid in natural disasters or wars are made without expected returns. Why do you think when something happens donars pledge lots of money but very little is actually given. It is because a descision is made on the basis of successful economic, political, military dividend that is to be earned and only maybe the two/three likely winners of that bidding war for influence end up paying. Everybody else withdraws.

Trust logic and believe it when you hear it, even if it is unpalatable. Go back to your freind and ask them how do they appraise their investments and initiatives and ask to see or ask them to explain their scoring methodology. If they tell you hopefully it will dispel your current views which are based on your feeling and hearsay and not actual facts. Having a freind in JAICA does not does not unfortunately make you an expert in this field.

LOL, you certainly go to a long degree of BS to try prove Japan ODA classification is nefarious or untrue. No wonder you are a butthurt moron.....looking at BD must fill you with a lot of shame and anger. It is not BD fault, but nefarious Japan's fault.

Is there something wrong with Japan or any other country expecting/predicting a return for their help today?...or making it non-altruistic to a certain level? It does not take away from the fact that Japan is giving money that they could earn a much bigger and immediate return domestically as has already been shown. Your 0.0005% or whatever BS stat was shown to be false for Japan (Japan lending rate is 1.5% right now)....and you are still continuing to harp on like the complete idiot you are.

 

[Nike]

LOL, you certainly go to a long degree of BS to try prove Japan ODA classification is nefarious or untrue. No wonder you are a butthurt moron.....looking at BD must fill you with a lot of shame and anger. It is not BD fault, but nefarious Japan's fault.

Is there something wrong with Japan or any other country expecting/predicting a return for their help today?...or making it non-altruistic to a certain level? It does not take away from the fact that Japan is giving money that they could earn a much bigger and immediate return domestically as has already been shown. Your 0.0005% or whatever BS stat was shown to be false for Japan (Japan lending rate is 1.5% right now)....and you are still continuing to harp on like the complete idiot you are.

Japan development aid model had long been helping many countries in ASIA, and most of them become newly industrialized country to name of few their aid and economic business partner beneficiaries is China, South Korea, Thailand, Indonesia, Malaysia. Right now their reach trying to engage India and Bangladesh. When looking at samples of their partners one must admit it was the most successful model of aid development programme post Marshall plan era.

 

[mb444]

Japan development aid model had long been helping many countries in ASIA, and most of them become newly industrialized country to name of few their aid and economic business partner beneficiaries is China, South Korea, Thailand, Indonesia, Malaysia. Right now their reach trying to engage India and Bangladesh. When looking at samples of their partners one must admit it was the most successful model of aid development programme post Marshall plan era.

Marshall plan was to develop a market and generate trade. Again not aultarism, social development was a positive byproduct. Japanese aid or for that matter any other countries aid policy now is the same. Application of economics to develop own influence. It’s the application of soft power to gain leverage which costs a lot less than Wars and generate long term and lasting dividend.

There has never been a free lunch and never will be.