00:00The World Bank approved the 1.25 billion U.S. dollars or more than 73 billion pesos in the new debt of the Philippines.
00:12According to the World Bank, 500 million dollars or more than 29.2 billion pesos will be used to fix and make it more durable
00:22against the calamities of floods in different regions of the country.
00:25The 750 million dollars or more than 43.8 billion pesos will be used to improve public service infrastructure,
00:34particularly those used for domestic shipping, renewable energy, and protection of the environment.
00:41According to the Bureau of the Treasury, as of April 2024, the debt of the Philippines is already at 15.18 trillion pesos.
00:52For the latest news, visit and subscribe to GMA Integrated News on YouTube.
00:58For Kapuso Abroad, join us on GMA Pinoy TV and www.gmainews.tv.
Comments