World Bank claim rejected

The World Bank has rejected the claim that it has been denying assistance to Fiji as a result of the claimed veto by Australia. World Bank country director for the Pacific, Papua New Guinea and Timor Leste, Franz Drees-Gross has provided a list things where the World Bank has been helping. These include assistance to the telecoms regulator and investments by the World Bank’s private sector arm, the International Finance Corporation(IFC), in Digicel. The World Bank said this has helped to significantly reduce the cost and expand access to mobile phones in Fiji. Of course, the Bainikhaiyum regime’s ‘special relationship’ with Vodaphone means it doesn’t count this as a benefit. The fact is there have been no World Bank loans since 1991, so this has nothing to do with the illegality and incompetence of the Bainikhaiyum regime.

Fiji June 06, 2013 World Bank aid

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