The Department of Finance (DoF) on Tuesday said it has signed a memorandum of agreement (MOA) with the Department of Health (DoH) on the construction of drug rehabilitation facilities to be funded by a 50-million yuan grant from China.

In a statement, the DoF explained that the 50-million yuan aid, equivalent to $7.5 million, is half of the 100-million yuan grant that China has pledged to the Philippines during President Rodrigo Duterte’s state visit to Beijing in October last year, through an Agreement on Economic and Technical Cooperation signed by Finance Secretary Carlos Dominguez 3rd and China Commerce Minister Gao Hucheng.

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