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Tuesday, November 30, 2021

Foreign office launches ‘transparent’ development fund to counter China

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Foreign Secretary Liz Truss will today launch a revamped British development finance institution that will invest billions in infrastructure and technology in low and middle income countries across Asia, Africa and the Caribbean.

The government says the new British International Investment (BII), will be a key part of its wider plans to mobilise up to £8bn a year of public and private sector investment in international projects by 2025.

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