Tag: 1Trillion-Yen ODA package

Japan offer of largest 1Trillion-Yen ODA package, “historic,” says PHL economic team

QUEZON City, Philippines (Eagle News) — President Rodrigo Duterte’s economic managers consider the 1 trillion yen official development assistance (ODA) promised by Japan as “historic”. Finance Secretary Carlos Dominguez III said that he believes that the ODA – which is equivalent to Php 441 billion – is the largest in the history of the Philippines. More conservative estimates peg the equivalent amount to Php 433 billion. Trade Secretary Ramon Lopez, on the other hand, said […]