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Friday 18 December 2020 | Written by Emmanuel Samoglou | Published in Economy, National
In the absence of tourism revenues,, government has secured $63 million in loans to fill a gap in the budget. PHOTO: Cook Islands Tourism Corporation.
The Beijing-based Asian Infrastructure Investment Bank has approved a US$20 million (NZ$28 million) loan to the Cook Islands to meet a cash crunch caused by Covid-19 pandemic.
The Beijing-based Asian Infrastructure Investment Bank has approved a US$20 million (NZ$28 million) loan to the Cook Islands to meet a cash crunch caused by Covid-19 pandemic.
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