Tag: Economic Development Cooperation Fund

BSP approves PHP665-million loan by PNR

The Bangko Sentral ng Pilipinas (BSP) has granted an approval-in-principle to the Philippine National Railways (PNR) to take a supplemental PHP665-million loan from the Export-Import Bank of Korea – Economic Development Cooperation Fund (EDCF) as additional financing for the Northrail-Southrail Linkage Project.

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