PH, EU launch disaster risk reduction program for LGUs manilatimes.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from manilatimes.net Daily Mail and Mail on Sunday newspapers.
The Department of Finance (DOF) and the Agence Française de Développement (AFD) have signed a loan for disaster risk reduction at the local level, as well as disaster preparedness and response. In a statement on Monday, Dec. 20, the DOF said that the €250 million policy-based loan, approximately
France has committed to lend the Philippines the equivalent of P14 billion to support and build up disaster risk reduction efforts at the local level, the Department of Finance said.