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Gov't to clear Air Vanuatu's remaining $7.3mn debt by YE27
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Gov't to clear Air Vanuatu's remaining $7.3mn debt by YE27
The Vanuatu government plans to clear the remaining VUV871 million vatu (USD7.3 million) debt that Air Vanuatu (NF, Port Vila) owes to the Vanuatu National Provident Fund (VNPF) by December 2027, according to the Vanuatu Daily Post newspaper. Deputy Prime Minister and Finance Minister Johnny Koanapo said the government signed a deed of guarantee to formalise the repayment plan. Air Vanuatu originally borrowed VUV1 billion (USD8.4 million) in two…
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