New Zealand increases aid to Kiribati

New Zealand has earmarked USD24.5 million in aid to Kiribati over the next five years. New Zealand Prime Minister Helen Clark and Kiribati President Anote Tong signed the agreement in Wellington. Under the plan, the Pacific nation will receive nearly USD5 million per year, up from USD2.7 million previously. (Source: Aid contribution to Kiribati increases/Newstalk ZB)