NZAid is to provide F$330,000 to fund Habitat for Humanity Fiji, an NGO that assists low-income people, to repair and retrofit 105 houses damaged by January's floods. F$159,167 has has already been given to the Fiji Red Cross for a Disaster Risk Reduction project in flood-affected villages and settlements. The funding is part of a NZ$3m package to support flood recovery work. --NZAid.
Fiji's Infrastructure Money Situation
Loan. $40m (Exim Bank,Malaysia) to upgrade roads, especially in outer islands. Approved.
Loan. $70m (Exim Bank, China) for Housing Authority and Public Rental Board housing. Approved.
Loan. $240m - total soft loans being sought from China
Non-loan. $190m, Fiji's share of IMF global economic crisis assistance. Received.
Non-loan. $85m, EU, for development assistance (on hold)
Non-loan. $300m, EU, for restructuring sugar industry (on hold)
Undisclosed further amounts sought from International Monetary Fund and World Bank
The Governor of Fiji’s Reserve Bank Sada Reddy has hit out at critics of his move to devalue Fiji’s currency. The critics were mainly bloggers.-- Fiji Live.
Village Chief Steals from His Villagers
The former turaga ni Koro of Nacereyawa village outside Labasa has pleaded guilty of stealing $4,350 raised by villagers for their rural electrification scheme-- Fiji Village.
No comments:
Post a Comment