INDIA TO OFFER $US1 MILLION TO EACH OF 12 PACIFIC COUNTRIES AS DEVELOPMENT FUNDING

INDIA TO OFFER $US1 MILLION TO EACH OF 12 PACIFIC COUNTRIES AS DEVELOPMENT FUNDING

Posted by : Posted on : 26-Sep-2019

India has reportedly offered $US1 million development packages to 12 Pacific countries

Outlook India today reported that the Indian Prime Minister, Narendra Modi, had announced, on the sidelines of the UN General Assembly in New York, that India will give 12 Pacific countries threatened by rising sea levels $US1 million each for development projects

He also, reportedly, announced a $US150 million credit facility for Pacific Small Island Developing States to undertake renewable energy and climate related projects.

Mr Modi had said that like India, Pacific countries require development policies that reduce inequality and contribute to improvement of people's lives.

Source: Radio New Zealand.

Yours sincerely

Frank Short

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