Unknown to more than 100 million Filipinos, the Asian Development Bank (ADB) and the World Bank approved in February an $850-million loan to the Aquino administration for widening the number of beneficiaries of the Conditional Cash Transfer (CCT) program.
ADB granted $400 million and the World Bank, $450 million, raising the Philippine government’s indebtedness to the two multilateral financial institutions to $1.8 billion.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.