In its nearly five years in office, the Duterte administration has green-lit 92 projects worth a total of P3.86 trillion, of which the bulk were big-ticket infrastructure projects financed by official development assistance (ODA) loans and grants, the latest National Economic and Development Authority (Neda) data showed.
These projects were approved by the Neda Board chaired by President Duterte between July 2016 and mid-May this year. The latest addition to the list was the Department of Agriculture’s (DA) P19.18-billion retrofitted second additional financing for the Philippine rural development project, which was aimed at supporting programs and projects that would benefit farmers …
Keep on reading: 92 infra projects approved in last 5 years, 43 more in pipeline