Since 1970, Fiji has accessed 524.4 million US dollars in loans, 35 million US dollars in grants, and 33.7 million US dollars in technical assistance through Asian Development Bank financing.
This was highlighted by Prime Minister Voreqe Bainimarama while speaking at the opening of the 52nd Annual Meeting of the ADB Board of Governors in Denarau in Nadi.
Bainimarama also highlighted that the numbers alone don’t tell the full story adding that the dollars and cents certainly speak volumes and he shared some examples of the ADB’s work in Fiji.
The Prime Minister says the intangible good created by the ADB’s work in Fiji and across the Pacific may be immeasurable, but it is immense.
Bainimarama also highlighted that Fiji will continue to develop infrastructure and facilities to put us in the position to host the IMF and World Bank Group Annual Meetings in the very near future.
He also touched on the massive change in Fiji’s airports, roads, telecommunications, flight routes and infrastructure adding that Fiji will continue to grow our tourism industry that has led to the development of the facilities that are now proudly adorned with the ADB Banner.
Bainimarama adds that Fijians are far more than just generous hosts, they are the engine powering what is quickly becoming one of the most diverse and dynamic island economies that can see Fiji soon go from being the hub of the South Pacific, to being the hub of the entire Pacific Rim.
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