Philippines secures US$14.29bil in loans, grants to fight Covid-19


FILE PHOTO: Illustration of vials and dry ice

MANILA (Philippine Daily Inquirer/ANN): The loans and grants secured by the Department of Finance (DOF) to bankroll the war chest against Covid-19 stood at US$14.29 billion (about P696 billion) as of mid-March.

The latest figures released by the DOF on March 17 were “rebased to reflect 2020 average exchange rates, ” it said.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Phillippines , covid-19 , loans

   

Next In Aseanplus News

Chinese student in Boston gets nine months in prison for threatening pro-democracy schoolmate
Casino licence for Forest City a 'lie', says Anwar
The dominance of the EPL brand with football fans in South-East Asia - and it will continue to soar say legends from Man Utd and Liverpool
Oil steady as market weighs US demand concerns, Middle East conflict risks
Dr M among those under MACC probe for asset declaration, says Azam Baki
Apple still leads high-end smartphone sales in China, but Huawei and Honor are catching up
Brave China ‘cancer warrior’ dies two days after 25th birthday, final wish to find brother a girlfriend left unfulfilled, leaves netizens devastated
Thai police hunting down two Japanese suspects in Bangkok murder-dismemberment case
Scorned lover reveals Aliff Aziz’s text messages: badmouthing wife Bella, merely acting at divorce hearing
US Senate passes bill to force ByteDance to sell TikTok or face a ban of the app

Others Also Read