(Eagle News) – The Department of Finance defended the Official Development Assistance (ODA) mode of financing to construct the Kaliwa Dam Project, saying that this was cheaper and more beneficial for Filipino consumers. Finance Assistant Secretary Antonio Joselito Lambino III said that the ODA from China was preferred over a Public-Private Partnership (PPP) route which, he said, would entail “additional charges” to be passed on to water users. “The higher project and financing costs […]