PH, ADB sign P31.53-B loan deals

Finance Secretary Carlos Dominguez 3rd (left) and Asian Development Bank Vice President Ahmed Saeed pose for photos during the signing of three loan agreements between the Philippine government and ADB in Manila on Dec. 13, 2019. (Photo by Mayvelin U. Caraballo)

THE government has secured $623.3 million (P31.53 billion) in loans from the Asian Development Bank (ADB) for its infrastructure, youth and competition programs.