The Duterte administration has already secured $18.4 billion worth of foreign loans, equivalent to about P886.1 billion, to support the country’s coronavirus response, the Department of Finance (DOF) said. Of that total amount, Finance Undersecretary Mark Dennis Y.C. Joven said on Friday, April 30, that about $1.2 billion were secured from multilateral lenders for the ...

Source: Manila Bulletin (https://mb.com.ph/2021/05/01/foreign-loans-incurred-to-fight-covid-19-reach-18-4-billion/?utm_source=rss&utm_medium=rss&utm_campaign=foreign-loans-incurred-to-fight-covid-19-reach-18-4-billion)