New Zealand Foreign Minister Nanaia Mahuta

NZ Foreign Minister Mahuta concerned with huge debt burden in Pacific

Mahuta in an interview with FijiLive said because of high debt levels, they generally encourage Pacific countries to make use of grant finances where possible.

She said Aotearoa New Zealand’s approach to development funding is to provide grants rather than loans, therefore not adding to the Pacific’s debt burden. 

“We recognise that taking on debt is a legitimate means for any government to finance development,” she said.