Former minister fears $2bn infrastructure financing facility will increase indebtedness in the region
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Concetta Fierravanti-Wells, the former minister for international development and the Pacific, has raised questions about whether Scott Morrison’s recent pivot to the region, including a new $2bn infrastructure financing facility, is the right approach.
In an interview with Guardian Australia’s political podcast, Fierravanti-Wells has expressed concern that the new mechanism, which will provide loans for infrastructure development in Pacific countries and Timor-Leste, will increase indebtedness in the region, when it would be better for Australia to provide more grant funding.
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