Weakened aid budget may be used to fund $2bn Pacific island infrastructure bank

Weakened aid budget may be used to fund $2bn Pacific island infrastructure bank. Picture: THE GUARDIAN

CANBERRA, 25 FEBRUARY 2019 (THE GUARDIAN) – Aid groups fear the federal government is on the verge of taking more money from the strained aid budget to fund a $2billion (US$1.4 billion) infrastructure bank for Pacific island nations. Prime minister Scott Morrison announced the Australian infrastructure financing facility last year as part of Australia’s “Pacific […]

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