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                    [ArticleID] => 145158
                    [Title] => Government works to speed up release of $175-M ADB loan
                    [Summary] => The Asian Developmen Bank (ADB) will not release the second  and third tranches of a $175-million loan for the development of the country’s grains sector unless the Philippine government fulfills two critical conditions — a reduction in the National Food Authority’s palay support price and the liberalization of the country’s  rice market.


In a letter to ADB president Tadao Chino, Finance Sec. Jose Isidro Camacho said the government is doing its best to meet these conditions.


                    [DatePublished] => 2001-12-28 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
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ASIAN DEVELOPMEN BANK

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                    [Title] => Government works to speed up release of $175-M ADB loan
                    [Summary] => The Asian Developmen Bank (ADB) will not release the second  and third tranches of a $175-million loan for the development of the country’s grains sector unless the Philippine government fulfills two critical conditions — a reduction in the National Food Authority’s palay support price and the liberalization of the country’s  rice market.


In a letter to ADB president Tadao Chino, Finance Sec. Jose Isidro Camacho said the government is doing its best to meet these conditions.


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abtest

Government works to speed up release of $175-M ADB loan

By Ted P. Torres | December 28, 2001 - 12:00am

The Asian Developmen Bank (ADB) will not release the second and third tranches of a $175-million loan for the development of the country’s grains sector unless the Philippine government fulfills two critical...

Business