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PHL seeks $6B in loans from ADB | Cai U. Ordinario - Vimarsana News

PHL seeks $6B in loans from ADB | Cai U. Ordinario

THE government and two firms in the Philippines are seeking loans of over $6 billion from the Asian Development Bank (ADB) to finance various projects on transportation, tourism, housing, energy, and agriculture. Based on ADB data, the Philippines has 13 proposed projects covering 10 government projects and three private sector…