In January 2017 Finland will adopt a new financing instrument to facilitate public sector investments in developing countries. The new Public Sector Investment Facility (PIF) has been created to improve on previously used concessional credits. The new instrument was launched by Minister for Foreign Trade and Development Kai Mykkänen on Monday 19 December. According to the UN’s World Investment Report for 2014, developing countries need to invest some 3,300–4,500 billion dollars annually ...