Tag: official development assistance

Metro Manila subway at apat pang bagong proyekto, aprub na sa NEDA

(Eagle News) — Inaprubahan na ng National Economic and Development Authority (NEDA) ang Metro Manila subway project at apat na bagong  “flagship” projects. Dahil dito, umabot na sa tatlumpu’t limang proyekto sa ilalim ng kasaluluyang administrasyon ang naaprubahan na nagkakahalaga ng 1.2 trillion pesos pero hindi pa kasama rito ang magagastos sa mga tulay na gagawin naman sa Tawi-tawi. Ang unang phase ng Metro Manila Subway project ay tatakbo mula Mindanao Avenue sa Quezon City […]

Cabinet readies projects for Japanese ODA

QUEZON City, Philippines (Eagle News) — The Cabinet will meet this week in order to lay down projects that will be funded by the 1 trillion yen or Php 441 billion official development assistance (ODA ) and investments from Japan. Finance Secretary Carlos Dominguez said that the Cabinet will study the details of the projects to be funded by the ODA before submitting the same to Japan. https://youtu.be/HetheZWQ10g

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 […]

South Korea underscores continuing ODA to the Philippines

By Rowena dela Fuente (Eagle News Service) BUSAN, South Korea, Dec. 12 (ENS) — South Korea underscored its continuing official development assistance (ODA) to the Philippines, as it vowed to provide ODA loans for more development projects in the provinces. The position was made by South Korean President Park Geun-Hye  during her bilateral meeting with President Benigno Simeon Aquino III, at the sidelines of the 25th Commemorative Summit of the Association of South East Asian Nation […]