PHL secures $300M loan from ADB • Cai U. Ordinario

THE Philippines has secured a new policy-based loan to support the government’s efforts on inclusive finance from its biggest lender to date, the Manila-based multilateral development bank, the Asian Development Bank (ADB). In a statement, ADB said it has approved $300 million loan to finance the “Inclusive Finance Development Program (IFDP)-Subprogram 3,” which aims to

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