France, pinautang ang ‘Pinas ng P14-B

ni Ronalyn Seminiano Reonico | June 29, 2020

Pumirma ng dalawang kasunduan ang Pilipinas at Agence Française de Développement (AFD) para sa €250 million o P14 billion na gagamitin sa mga infrastructure at financial inclusion projects upang muling makabangon ang bansa sa pamiminsala ng Covid-19 pandemic.

Ayon sa Department of Finance (DOF), ang Inclusive Finance Development Program (IFD) na nagkakahalagang €100 million o P5.6 billion ay makatutulong para sa financial services ng bansa para sa mga small entrepreneurs, magsasaka, mangingisda, atbp. vulnerable sectors.

Samantala, ang Expanding Private Participation in Infrastructure Program (EPPIP) na nagkakahalagang €150 million o P8.4 billion ay gagamitin para sa “infrastructure financing" ng Build, Build, Build program.

Saad pa ni Finance Secretary Carlos Dominguez III, "This policy-based loan will complement the government's funding plan to secure financial resources for critical programs, such as the Build, Build, Build, as it grapples with market uncertainties and volatility, as well as increased social expenses and reduced fiscal resources amid the economic crisis triggered by the COVID-19 pandemic.

"The Philippine government is grateful to the AFD for co-financing with the Asian Development Bank two programs supportive of President Duterte's overriding goal of accelerating infrastructure development in order to spur high growth, attract investments, create jobs, and achieve financial inclusion for all Filipinos.”

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