What are you talking about?
Re: Aid expert downplays debt trap
This so-called Aid expert won’t be around to help when Samoa is absolutely broke and have no ways of raising money to pay the “interest” of the 1$billion loan.
Samoa government is struggling to pay the “interest” on the $1billion loan.
They have no idea how to pay back the loan. Money is leaking everywhere in government departments and they have no idea how to stop this.
Jonathan Pryke is from Lowy Institute.
Lowy Institute exists only to promote and defend free market ideas in Australia and the South Pacific. Their goal is to influence decision makers. Lowy Institute is mostly funded by the big winners of free market ideology.
Jonathan Pryke is sending the wrong message to the decision-makers of Samoa.