On 22nd of February 2021, Mr kawaguchi Shuichiro, Ambassador Extraordinary and Plenipotentiary and Dr the Hon. Renganaden Padayachy, Minister of Finance and Economic Planning and Development signed and exchanged the notes in Port Louis, concerning
Published January 8, 2021, 5:00 AM
The Department of Finance (DOF) thanked Japan for quickly disbursing another disaster response loan that aims to support ongoing government efforts to rehabilitate areas and help families affected by the series of powerful typhoons in the final months of last year.
Finance Secretary Carlos G. Dominguez III said the newly released 10-billion yen under the second phase of Japan’s Post Disaster Standby Loan 2 (PDSL 2) program will help cover the funding needed to help families get back on their feet and rebuild communities.
Finance Secretary Carlos G. Dominguez III
Last January 5, the Japan International Cooperation Agency (JICA) disbursed the second tranche of the PDSL2, bringing its total assistance to the Philippines under the program to 20 billion yen, or roughly P9.33 billion.