27 May 2004

Cook Islands finance minister says Chinese aid money will be spent transparently

11:44 am on 27 May 2004

The Cook Islands Minister of Finance is reiterating that the aid money given by China will be spent in a transparent manner.

Tapi Taio made the comment as questions were raised about why the

2.47 million US donated by China, has been listed as a donation to the prime minister's office in this year's budget.

He says the money, which has been earmarked for the construction of a new police station and the upgrade of roads on Rarotonga, will be carefully controlled.

"The money cannot be used until the projects, whatever we decide, will be agreed between the two parties, the Chinese and the Cook Islands. If they agree the projects, the money will be put under an area where it will be controlled because it has to be seen as transparent."

The Cook Islands minister of Finance, Tapi Taio.