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Cook Islands debt surpasses quarter billion mark with new ADB loan

Saturday 21 December 2024 | Written by Rashneel Kumar | Published in Economy, National

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Cook Islands debt surpasses quarter billion mark with new ADB loan

Cook Islands has signed a US$30 million (NZ$49.7m) loan agreement with the Asian Development Bank (ADB) “to manage its debt and cash portfolios over the coming years”.

Cook Islands has signed a US$30 million (NZ$49.7m) loan agreement with the Asian Development Bank (ADB) “to manage its debt and cash portfolios over the coming years”.


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