MANILA, Nov. 14 (Xinhua) — The Asian Development Bank (ADB) on Tuesday said it has approved a loan of 400 million U.S. dollars to help the Philippines achieve its medium-term fiscal strategy and finance its post-pandemic economic recovery through a stronger focus on revenue mobilization.
The ADB said the program is its first policy-based loan dedicated to domestic resource mobilization (DRM) reform.
It w
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