Australia has provided Papua New Guinea with a $570 million loan, bringing total budget support to over $3.1 billion since 2020. As part of the deal, PNG has agreed to tighten foreign investment ...
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Australia grants PNG $570 million loan amid push for stricter foreign investment scrutinyPapua New Guinea's government has promised not to push ahead with economically unviable infrastructure projects after Australia handed the cash-strapped Pacific nation a $570 million loan.
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