+ Follow SHAMSAD AKHTAR Tag
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 236599
[Title] => ADB set to cancel $50-M project loans to RP
[Summary] => The Asian Development Bank (ADB) is considering the cancellation of as much as $50 million in project loans to the Philippines by June due to the continued delays in their implementation.
Last year, the Manila-based multilateral funding agency scrapped 22 program and project loans, trimming down from 51 projects worth $1.8 billion at the start of the 2003.
ADB chief country officer for the Philippines Ric Ondrick said despite a higher disbursement ratio last year, the countrys absorptive and implementing capacity for the ADB-funded projects still fared low.
[DatePublished] => 2004-01-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
SHAMSAD AKHTAR
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 236599
[Title] => ADB set to cancel $50-M project loans to RP
[Summary] => The Asian Development Bank (ADB) is considering the cancellation of as much as $50 million in project loans to the Philippines by June due to the continued delays in their implementation.
Last year, the Manila-based multilateral funding agency scrapped 22 program and project loans, trimming down from 51 projects worth $1.8 billion at the start of the 2003.
ADB chief country officer for the Philippines Ric Ondrick said despite a higher disbursement ratio last year, the countrys absorptive and implementing capacity for the ADB-funded projects still fared low.
[DatePublished] => 2004-01-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest