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                    [ArticleID] => 178391
                    [Title] => Full release of power sector loan seen this year
                    [Summary] => Finance Secretary Jose Isidro Camacho has expressed confidence that the last tranche ($200-million) in a $600-million loan for the country’s power sector would be released by the last quarter of the year.


In an interview, Camacho said the Philippines has complied with all the conditions set by the Asian Development Bank (ADB) prior to the release of the third and last tranche under the Power Sector Program Loan (PSPL), a joint undertaking of the Japan Bank for International Cooperation (JBIC) and the ADB.


                    [DatePublished] => 2002-10-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 155105
                    [Title] => ADB airs concern over ability of PSALM to assume Napocor debts
                    [Summary] => The Asian Development Bank (ADB) has expressed concern over the ability of the Power Sector Assets Liabilities Management Corp. (PSALM) to assume the debt liabilities of the National Power Corp. (Napocor).


"The PSALM has a limited mandate," Richard S. Ondrik, ADB chief country officer for the Philippines country office (PhCO), said.


Ondrik said they are not against the plan of the PSALM to assume all the debts of Napocor including those made with the ADB and other official development assistance (ODA) loans.


                    [DatePublished] => 2002-03-25 00:00:00
                    [ColumnID] => 133272
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POWER SECTOR PROGRAM LOAN

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                    [ArticleID] => 178391
                    [Title] => Full release of power sector loan seen this year
                    [Summary] => Finance Secretary Jose Isidro Camacho has expressed confidence that the last tranche ($200-million) in a $600-million loan for the country’s power sector would be released by the last quarter of the year.


In an interview, Camacho said the Philippines has complied with all the conditions set by the Asian Development Bank (ADB) prior to the release of the third and last tranche under the Power Sector Program Loan (PSPL), a joint undertaking of the Japan Bank for International Cooperation (JBIC) and the ADB.


                    [DatePublished] => 2002-10-03 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] =>  Ted P. Torres
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                    [ArticleID] => 155105
                    [Title] => ADB airs concern over ability of PSALM to assume Napocor debts
                    [Summary] => The Asian Development Bank (ADB) has expressed concern over the ability of the Power Sector Assets Liabilities Management Corp. (PSALM) to assume the debt liabilities of the National Power Corp. (Napocor).


"The PSALM has a limited mandate," Richard S. Ondrik, ADB chief country officer for the Philippines country office (PhCO), said.


Ondrik said they are not against the plan of the PSALM to assume all the debts of Napocor including those made with the ADB and other official development assistance (ODA) loans.


                    [DatePublished] => 2002-03-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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Full release of power sector loan seen this year

By Ted P. Torres | October 3, 2002 - 12:00am

Finance Secretary Jose Isidro Camacho has expressed confidence that the last tranche ($200-million) in a $600-million loan for the country’s power sector would be released by the last quarter of the year. In...

Business

ADB airs concern over ability of PSALM to assume Napocor debts

March 25, 2002 - 12:00am

The Asian Development Bank (ADB) has expressed concern over the ability of the Power Sector Assets Liabilities Management Corp. (PSALM) to assume the debt liabilities of the National Power Corp. (Napocor). "The...

Business