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The problems of financing governments corporations - case study of Tracas

 Department: Banking and Finance  
 By: usericon samadchuks  

 Project ID: 4657
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This study was on the Problems of Financing Government Corporations (A case study of TRACAS). The main objectives set out in this study are to find out the extent to which commercial banks finance the activities of the transport company of Anambra State Limited to ascertain whether the ability of TRACAS to meet their debt repayment schedule to their financiers to determine the extent to which the government of Anambra State has helped in financing the corporation. The researcher collected data from both primary and secondary sources. Data collected were presented and analyzed using the simple percentages. The researcher found that insufficient finance from commercial banks has a significant effect on the activities of TRACAS repayment schedule of finances militate against the availability of fund from TRACAS inability of the government to adequately fund TRACAS has a significant effect on their activities and performances. The following recommendations, were made: government should try and provide enough funds to corporations through commercial banks they need to act as their guarantor in sourcing for the fund the high interest charged by commercial banks affects the ability of TRACAS to service their borrowed fund....
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