South Korea Grants $500 Million Loan to the Philippines for Budgetary Requirements
The Republic of South Korea, one of the closest allies of the Philippines in Asia, will provide the country with a $500-mmillion loan to support the government’s budgetary requirements. President Aquino confirmed that the loan framework agreement was discussed during his meeting with South Korean President Park Geun-Hye last Thursday. Aside from the $500-million loan … Read more