Do we have funds for military modernization?
The Philippines has no ambition to match the military capability of Singapore, the most advanced in the region, and superpower China.
Marcos should avoid high-interest loans from China
Ferdinand “Bongbong” Marcos Jr. wants to renegotiate P275 billion in loans from China’s Eximbank to finance three major railway projects, including the ambitious Mindanao train system.
Agriculture dep’t transfers P1.44B to Landbank for lending to farmers
The Department of Agriculture has made available an additional P1.44 billion worth of loans for farmers, fisherfolk, and agri-entrepreneurs under the Agricultural Competitiveness Enhancement Fund credit program.
NEDA: ‘Strong’ PH fiscal position enough to cover hefty foreign loans
Socioeconomic Planning Secretary-designate Karl Kendrick Chua on Thursday said that despite hefty loans from the Asian Development Bank and the World Bank, he was optimistic the country’s economy was strong enough to settle its obligations.
DOF raises $4.55B in fresh foreign loans to finance Covid-19 response
The Department of Finance (DOF) on Sunday announced it had secured $4.55 billion in new foreign loans from multilateral lenders and commercial markets as of mid-May.