2min chapter

Statecraftiness - Investigating Influence in the Pacific cover image

Loan Rangers - Episode 6

Statecraftiness - Investigating Influence in the Pacific

CHAPTER

The PINGY Government's Loans to the Pandemic

It's very difficult to actually sift through PINGY budget documents and see where the sectors are that the loan was spent in. But we know from what the PINGY government does with loans is that it funds its capital budget. A lot of the loans go to high impact infrastructure projects, and most of it goes to transport utilities in the health sector. So this was a 12-month loan given in November 2019, theoretically it should have been paid back in November 2020. Was the money paid back?

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