Part of the funding for Fiji’s infrastructure development will come from the divestment of government assets.
This has been confirmed by the Deputy Governor of Reserve Bank of Fiji, Ariff Ali who said approximately $500 million is coming from the partial divestment of Ports Fiji Limited, Airports Fiji Limited and Fiji Electricity Authority.
While speaking at the Fiji Business Mission at Tanoa Plaza in Suva, Ali highlighted the other balance is coming from ordinary government revenue or from the borrowing from the Asian Development Bank.
He said the ADB has offered Fiji a US$350 million loan of which US$100 million is going to the transport sector.
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