ODA for ‘Build’ program favorable to PH – DOF - News Summed Up

ODA for ‘Build’ program favorable to PH – DOF


ODA for ‘Build’ program favorable to PH – DOF 10 SHARES Share it! Share TweetBy the Philippine News AgencyOfficial Development Assistance (ODA) loans entered into by the government to finance the massive “Build, Build, Build” infrastructure program are favorable to the Philippines, a finance official assured on Wednesday. In a press briefing in Malacañang, Department of Finance (DOF) Assistant Secretary Tony Lambino said the government has “successfully negotiated” ODA loan finance for big-ticket projects under the “Build, Build, Build” program of the Duterte administration. “The economic team adopted the fast and sure approach in successfully negotiating concessional financing for the ‘Build, Build, Build’ program,” Lambino said. The Duterte administration’s “Build, Build, Build” program has 75 big-ticket flagship projects designed to boost economic activities throughout the country.


Source: Manila Bulletin January 31, 2019 02:37 UTC



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