Australia pledges $2bn in loans and grants to Pacific island nations

Delegates attend the Governors seminar during the Asia Development Bank 52nd Annual Meeting at Denarau Nadi. Picture: REINAL CHAND

AUSTRALIA has pledged about $2 billion in loans and grants to Pacific Island nations through a new initiative targeting the water and infrastructure sectors. Speaking at the Asian Development Bank (ADB) annual meeting in Nadi on Wednesday, Australian High Commissioner John Feakes said the Australia Infrastructure Financing Facility for the Pacific was announced by Prime […]

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