Japan remains the Philippines’ top source of official development assistance (ODA) and major infrastructure development partner, as the bulk of its financial support went mainly to the Duterte administration’s “Build, Build, Build” program.
As of the third quarter of 2020, Japan’s total official development Assistance (ODA)—low-interest loans and grants—to the Philippines hit $11.2 billion, of which $9.9 billion or 89.1 percent went to infrastructure projects, the government’s Investor Relations Office (IRO) said.
The country’s other major sources of ODAs or concessional financing during the period were the Asian Development Bank, the World Bank and South Korea.
Despite clai…
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