PH to borrow P24.9B for 'Odette' rehab

By Mayvelin U Caraballo

Dec 22, 2021 12:34 am

Updated at 12:33 am

THE government will access the World Bank's $500-million (about P24.96 billion) disaster credit line for the rehabilitation of typhoon-affected areas, the Department of Finance said.

Fallen electric pylons block a road while a sign asking for food (L) is displayed along a road in Surigao City, Surigao del norte province, on December 19, 2021, days after super Typhoon Rai devastated the city. (Photo by Ferdinandh CABRERA / AFP)

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Updated at 12:33 am

Related Articles

2025 elections seen as most transparent

Developing nations slam 'paltry' $300B climate deal

How fellow Filipinos murdered the Bonifacio brothers

Rose Lin tells Acierto to 'man up'

DMW chief visits Veloso family

Massive fire hits Manila

NHA, Navotas break ground for another housing project