Covid-19 /
Treasury & Capital Markets
Philippines secures AIIB loan for Covid-19 response
The US$750 million budgetary support aims to help ensure quick recovery from pandemic
The Asset
1 Jun 2020
THE Philippines secured a US$750-million loan from the Asian Infrastructure Investment Bank ( AIIB ) on May 29 as part of a coordinated international effort to stave off the worst public health and economic effects of the Covid-19 pandemic.