Benefactors — And Innocent Taxpayers — Beware: The Perilous Hundreds of Billions of Dollars of G7 Foreign Aid — PGII
On June 26, 2022, the White House released a “FACT SHEET” stating, “President Biden and G7 Leaders Formally Launch the Partnership for Global Infrastructure and Investment” — PGII.
According to the FACT SHEET,
“The U.S. aims to mobilize $200 billion for PGII over the next 5 years through grants, Federal financing, and leveraging private sector investments. Together with G7 partners, we aim to mobilize $600 billion by 2027 in global infrastructure investments. And this will only be the beginning”.
Also, PGII will “deliver game-changing projects to close the infrastructure gap in developing countries”.
Well, Not So Fast !!!
As a person whose Motherland is Africa, humanity’s Homeland, it particularly gives me no pleasure to pen this piece.
However, “Empathetic Dualism” — please excuse the coinage — demands this article.
No amount of money from the West or the East can reverse the decadence and rot powered by unfathomable leadership corruption, self -centeredness and failure of mindset in these failing nations.
