Three Waters and One Mountain of Debt
The proposed debt financing of Three Waters has received little coverage in the media but it brings its own set of risks to the reforms which could turn out to be ruinous for the country’s finances.
Before starting on a discussion of the proposed debt financing of Three Waters, I have a disclosure to make: whilst on Substack I am usually writing on topics that interest me based on my general knowledge and experience as a lawyer, in this instance I am writing as a lawyer who has practised as a leveraged finance and restr…
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