And the private sector invariably invests money more efficiently than the Government, this view holds.
The government is largely incapable of spending money on infrastructure that will get citizens and the private sector to invest in the future.
The private sector will invest the remaining N13 trillion.
The private sector is investing more than $4 million in roughly 50 projects planned or under way.
Both the private and public sectors are investing in tourism development.
Japan's tight money means that the yield on capital in Japan is close to zero, and the private sector can't invest if there's no return.
The private sector has invested $700 billion into developing the Internet as we know it today.
If the public sector does not invest, we cannot expect the private sector to do so.
The private sector in particular, where there is money, should invest and also spend.
If this were not the case, then the private sector would invest in it without going to the Government and asking for subsidies.