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                    [Title] => US, RP ink P75-M debt-for-nature swap
                    [Summary] => The US and Philippine governments have reached an agreement on a  P75-million debt-for-nature swap involving the shift of funds from interest payments on US loans to the Arroyo administration’s Tropical Forest Conservation Program. 


Acting Finance Secretary Juanita Amatong told reporters yesterday that the US government had agreed to waive interest payments on certain US loans to the Philippines and the proceeds would instead be spent on the conservation program.


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TROPICAL FOREST CONSERVATION PROGRAM

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                    [Title] => US, RP ink P75-M debt-for-nature swap
                    [Summary] => The US and Philippine governments have reached an agreement on a  P75-million debt-for-nature swap involving the shift of funds from interest payments on US loans to the Arroyo administration’s Tropical Forest Conservation Program. 


Acting Finance Secretary Juanita Amatong told reporters yesterday that the US government had agreed to waive interest payments on certain US loans to the Philippines and the proceeds would instead be spent on the conservation program.


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abtest

US, RP ink P75-M debt-for-nature swap

December 6, 2003 - 12:00am

The US and Philippine governments have reached an agreement on a P75-million debt-for-nature swap involving the shift of funds from interest payments on US loans to the Arroyo administration’s Tropical Forest...

Business