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ADB prepares $500-M policy loan to boost PH fiscal modernization

By Inquirer - 2 months ago
The Asian Development Bank (ADB) is set to approve a $500-million loan for the Philippine government’s Public Financial Management (PFM) Road Map 2024-2028, which aims to transform how public funds are managed, thus modernizing fiscal governance. “That’s another policy-based loan, which we’ll also plan for approval this year. So that’s actually very aligned with this

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