U.N. rights expert urges debt relief for Philippines


  • World
  • Tuesday, 08 Apr 2014

MANILA (Reuters) - A United Nations human rights expert on Tuesday urged international creditors to cancel the Philippines' debt and give it unconditional grant aid instead of new loans to fund massive post-typhoon reconstruction.

The Southeast Asian country, hit hard five months ago by Typhoon Haiyan -- one of the strongest storms to make landfall anywhere -- estimated the total cost of a four-year reconstruction effort could surpass the current estimate of 361 billion pesos (5 billion pounds).

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