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The Asian Development Bank targeted the acceleration of climate financing for the Pacific as a key priority a the beginning of 2022 and is on the road to meeting that goal.
ADB has approved $150 million in loans to help Fiji recover from the COVID-19 pandemic and build resilience against climate and disaster risks.
Fiji secures $150 million loan to support COVID-19 recovery and climate resilience in Fiji
Increasing Govt debt means the taxpayers have to pay back the loans and Govt services will be affected as more revenue will be going into paying debts – NFP Leader
People who are raising concerns about Govt debt are not telling the people what would have been the impact if the Govt would not have borrowed money - Sayed-Khaiyum