Palace: PH to get up to $4B in ADB funding

By Catherine S. Valente

May 25, 2023 12:41 am

THE Philippines is assured of additional funding to bankroll major infrastructure projects after the Asian Development Bank (ADB) promised to give the government up to $4 billion in loans this year, Malacañang said.

Presidential Communications Secretary Cheloy Garafil said ADB President Masatsugu Asakawa made the commitment during a meeting with President Ferdinand Marcos Jr. on Monday.

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