906 Chapter 905 The conditions for raising the amount (for subscription!)

Blocking is worse than sparse.

This is Tang Qing's new trick.

Instead of using force to make these restless masters afraid to rob their own bank, it is better to find something to "internal friction" for them. If it is directly threatened by force, it is better to be in another capital.

A bit garish.

Like it is now.

They can fight for a'right' reason.

Once these underground forces fight.

It’s not that they can stop if they want to stop. Tang Qing has the final say. The fighters will continue to stimulate both sides, intensify conflicts and hatred, and consume their spirit. At the end, they may forget why they were fighting. ....

This is the most effective method Tang Qing thinks.

It's better than threatening them directly.

Even if the Maputo gang guarded the'turf' in the end, it was nothing more than finding an'rival' for them, controlling all the other's external'demand' to endless internal consumption.

This means.

Gee.

Take it for the people.

These guys are not good people anyway.

None of the hands are clean.

If you die, you die.

...

The next day.

Maputo.

Bank of Myanmar Asia.

More and more Chinese are getting news.

Many of them came from the surrounding areas and prepared to open an account first. Most of the local Chinese in Maputo did not transfer their money to the domestic account, but almost all of these overseas Chinese transferred back.

Because there is no branch of the Bank of Myanmar at the moment.

They transferred the money back to the country.

You can let your relatives handle the payment.

They very much hope that the branch can open to other cities as soon as possible.

However, it is difficult in the short term, because the people of the Bank of Myanmar said that within a month, Maputo will have a large number of branches, but in other cities, only a few large cities will have them, and other places will not be available this year. Will open.

After disappointment.

Only understanding is left.

A new bank.

It does take time to take root slowly, once the steps are too big, it is easy to pull the eggs.

...

July 19th.

A delegation from the Myanmar Bank arrived in Maputo again.

Jinluo and a group of high-level Mozambican leaders personally greeted them at the airport. They couldn't be too grand to face the benefactors. Besides, this time they still asked for help, so naturally they had to lower their posture.

"Distinguished guests from afar, on behalf of the 20 million people of Mozambique, I welcome you.".

"It's nice to see you again."

The soldier's expression did not change much.

Just be polite.

Kinlock also got used to the attitude of the other side and brought them to the presidential palace.

Last time.

They made an agreement on the terms of cooperation.

This meeting is a matter of implementation.

"The business of the Bank of Myanmar has been developing well in the past two days. The number of account openings has exceeded 10,000. I believe that it will not take long for your bank to have more than 100,000 users in my country..."

Jin Locke said excitedly.

One hundred thousand.

In Mozambique, it's really a big number, mainly because people here don't have much savings habits. Most people don't have bank cards at all, and they do all cash transactions.

In Kinlok's view.

Such a scale.

The Bank of Myanmar is definitely going to lose money.

But the other party is a bank, and it is not bad at all.

The soldier shook his head and said, "President Kinlock, you can tell from this figure that your country's payment and savings habits are very poor, far exceeding our expectations. The banking business here is not easy to do."

Kinloch is going to blow.

Don't blow a better number,

One hundred thousand, this is not disgusting, so naturally I have to go back.

The Bank of Myanmar is now adding more users every week. Thanks to the more active trade with China and neighboring countries, people from other parts of Myanmar can also open accounts with Bank of Myanmar.

In order to withstand the inflationary pressure of the devaluation of the kyat.

The scale of this account is still expanding.

"This.. You are just getting started, but there are also benefits like this, that is, the consumer market is active, the commodity business is easy to do, the merchants are better off, and the bank business is easy to do." Jinlok hurriedly returned.

"This is natural. In fact, we are also betting that we are more optimistic about Mozambique's future economy." The fighter said that commercial negotiations do not need to be as rigorous as a state visit.

The country is talking about business in plain language.

Business is directly on the table.

"Thank you, we will try our best..." Jinluo stood up here for a while, and suddenly found that Nima, being routine, put himself in a passive position in a few words.

I looked around, but I haven't found them one by one.

Pig!

Jinluo quickly changed his words: "Ahem... We are also confident."

The soldier went straight to the topic, "That's good, President Kinloch, according to the agreement reached between our two sides last time, after the establishment of the Bank of Myanmar and the successful payment of 130 million US dollars.

We, the Bank of Myanmar, can begin to guarantee payment for government bidding projects in Mozambique. The annual insured amount is initially 3 billion Asian dollars. After deducting the special loan of 130 million US dollars, your country also has 1.95 billion Asian dollars. The guaranteed payment amount of yuan."

I heard that there is so much money.

Everyone here is excited.

Although you can't extract random flowers, let alone buy them in foreign countries, they can only be used for specific government projects. However, it still brings huge benefits, but it feels a little less.

Less than 300 million US dollars.

"How do we increase this limit?" Jinluo asked hurriedly.

The soldier shook his head and said: "Your country's debt situation is really terrible. With your debt solvency not improving much, we really can't provide more credits.

After all, what we have to pay out is the actual cash of our bank. Even if you use the minerals of your country, it will not be realized in a short time, and it will gradually become the bank's deposited assets.

This is extremely detrimental to us."

"..."

Jinlock knew that the other party was right.

Others help him pay, all of which are settled in foreign currency cash. That is the hard-earned money of others. Taking the minerals by yourself is like cashing out at will, which is a bit beautiful.

At this moment.

The soldier spoke suddenly.

"However, it is not impossible, it depends on whether you agree."

"any solution?"

Jinluo was too lazy to worry about being'routine'.

The soldier explained: "The increased quota must be used to purchase Asian dollar goods. If you want to purchase RMB or U.S. dollar services, we have to pay real foreign currencies.

If we purchase our Asian Yuan products, our operating space will be larger, which is good for both parties."

Someone wants to ask.

Even if Mozambique’s purchase of Asian-dollar products goes back to the source, the raw materials need to be purchased in foreign currencies. This is not the same as paying on behalf of others, but don’t forget the value-added part.

A raw material worth one dollar.

With the addition of technology.

The final product was processed into things with an ex-factory price of ten yuan, of which only one yuan was spent in foreign currency, and the other nine yuan was created entirely in the Myanmar Special Economic Zone. This part of the wealth will not flow out.

In terms of results.

Mozambique's purchase of goods from the Special Economic Zone of Myanmar and purchases of products and services from other countries are not the same thing. The most important thing is that raw materials can now be paid in Asian dollars.

Make money.

I am very sure of that.

As long as you start work, it is money.

"Well, what do you have in the Myanmar Special Economic Zone?"

This is what Jinlock most puzzled.

"There are many high-quality small commodities, machinery and equipment. I will give you a list later. As long as you purchase the above items, you can not consume the previous 3 billion quota. We can open a larger quota." .

Jinlock nodded, it seems that things have changed greatly again, "Then we will consider it and wait until we read the list before we talk about it. Now we have a request, that is, can we continue to provide us with US dollar loans."

The soldier asked back: "President Kinlock, your country seems to have no U.S. Treasury bonds due for the time being. As for the Treasury bonds you issued in your country, don't you just have to print money?"

Treasury bonds are issued abroad to obtain currency from other countries, and the other is issued to the people of their own country.

The first one must be exchanged with someone else’s money.

The latter one can be paid back by printing the money yourself. This is not a problem at all. Although this will lead to inflation, it is better than default. If it is not fulfilled, the people of the country will be troubled.

The other party knew them so well, Jin Locke was not surprised, explaining: "There is no US dollar debt for the time being. However, our foreign exchange reserves have bottomed out, and ordinary trade needs US dollars."

Their main national debts are still U.S. dollars and Japanese Yen, which can be repaid in U.S. dollars or in Japanese Yen. However, the amount of Japanese Yen in the hands of the Bank of Myanmar is very small, and it is definitely impossible to borrow.

"I can't help you. Your annual trade deficit is about 2 billion U.S. dollars, of which a small half of the currencies of other African countries are deducted. The U.S. dollar and the yen have the heaviest ratio.

Such a large sum of US dollars will help you fill the pit, which will affect our normal trade settlement."The soldier refused directly.

"...Is there no way?" Jin Locke asked disappointedly.

"In fact, the solution lies in the previous problem." The soldier gave him another turning point.

"Before?" Jinlock was puzzled.

The soldier said: "Yes, you are short of dollars and yen, but you will also earn. As long as you control the entry and exit and earn more than you spend, won't you be able to slowly turn around the situation?"

"Earn more than spend?" Jinlock still didn't understand.

This logic.

It is not easy to turn around quickly.

The soldier explained: "We have opened up greater Asian dollar merchandise trade to you. If Mozambique reduces its dependence on U.S. dollar and Japanese yen merchandise in terms of merchandise imports, it will increase the proportion of our merchandise purchases.

Couldn't the dilemma be solved slowly?"

"It seems... that's the case." Jinlock suddenly realized that the logic is fine, but...Can the goods of the Myanmar Special Economic Zone fit the Mozambique market?

As if seeing what he was thinking, the soldier continued: "You can control the import of goods of the same quality and the same price. If it goes well, you can achieve great results this year."

"..."

Kinloch has a headache.

Want to eat meat.

It really is not that simple.

This matter needs to be considered in the long term.