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                    [ArticleID] => 96596
                    [Title] => GMA orders review of foreign loans with ‘onerous’ conditions
                    [Summary] => President Arroyo ordered her economic managers yesterday to conduct a thorough review of foreign loans and assistance programs which carry "onerous conditionalities" for possible scrapping.


The President cited in particular the $175 million Grains Sector Development Program (GSDP) being secured by the Philippine government from the Asian Development Bank (ADB).


                    [DatePublished] => 2001-03-31 00:00:00
                    [ColumnID] => 133272
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FINANCE SECRETARY ALBERTO ROMULO AND BUDGET AND MANAGEMENT SECRETARY EMILIA BONCODIN

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                    [ArticleID] => 96596
                    [Title] => GMA orders review of foreign loans with ‘onerous’ conditions
                    [Summary] => President Arroyo ordered her economic managers yesterday to conduct a thorough review of foreign loans and assistance programs which carry "onerous conditionalities" for possible scrapping.


The President cited in particular the $175 million Grains Sector Development Program (GSDP) being secured by the Philippine government from the Asian Development Bank (ADB).


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GMA orders review of foreign loans with ‘onerous’ conditions

March 31, 2001 - 12:00am

President Arroyo ordered her economic managers yesterday to conduct a thorough review of foreign loans and assistance programs which carry "onerous conditionalities" for possible scrapping. The President...

Business