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Friday, March 29, 2024

Japan loan

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The Philippines and Japan sign an agreement for a 30-billion-yen loan in support of the Philippine government’s efforts to rapidly recover from the COVID-19 pandemic and fully return its economy to the path of high, inclusive growth. Signing the agreement for the second phase of the COVID-19 Crisis Response Emergency Support Loan in Tokyo are Finance Secretary Carlos Dominguez III and Japan International Cooperation Agency president Akihiko Tanaka. The first phase of the CCRESL worth 50 billion yen was signed in July last year.

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