Published: July 6th, 2022,
Last updated: July 6th, 2022
The numbers are getting bigger and bigger – the G7 countries recently pledged €600 billion in infrastructure aid to developing countries and also want to compete with the Chinese Silk Road. The trick is that a large part of the money is to be mobilized by private investors. The G7 countries themselves are contributing only a small part. But this is going rather badly, as earlier promises by the World Bank, for example, under the slogan „From Billions to Trillions“ show.