Philippines Secures ₱14B French Loan for Marine Protection and Livelihoods
The Philippines has secured a €200 million policy-based loan, equivalent to approximately ₱14 billion, from the French development bank Agence Française de Développement (AFD) to fund marine ecosystem protection and expand sustainable livelihoods. According to the Department of Finance (DOF), the financing supports the first phase of the Marine Ecosystem for Blue Economy Development program, … Read more