DOF eyeing $500-M loans for disaster relief, rehab

Quick Summary:

AS typhoon Carina and the southwest monsoon persists, Finance Secretary Ralph G.

Recto said the Department of Finance (DOF) is ready to tap US$500 million in a loan agreement to provide disaster relief and rehabilitation efforts in areas affected.

DOF eyeing $500-M loans for disaster relief, rehab Residents watch helplessly as pounding waves destroy the sea wall and coastal road at Sitio Tektek, Barangay Laoag in San Felipe, Zambales.

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Article Details

Author / Journalist: Reine Juvierre S. Alberto

Category: BusinessStartups

Markets: PhilippinesCambodiaIndonesiaVietnam

Topics: Million Projects Typhoon Philippines Loan Funds Recto Approved Disaster Development Climate

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-24 @ 13:18:22 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 601 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 21762066

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 49 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 9 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #37

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