The terms ‘economic viability’ and ‘financial viability’ are not different for companies. However, from thee national angle and from the view-point of the economy as a whole, economic feasibility and financial feasibility are not considered to be the same. Cost and benefits to the nation due to the proposed project are considered in the economic feasibility test. Tax revenue, generation of employment, saving of foreign exchange and such other factors, differentiate economic viability from financial viability. The government and government agencies calculate the economic indicator of a project permitting the project or financing it.......
