MANILA, Philippines -- The Marcos administration will check if potential loans from China for three railway projects would still be feasible despite the Duterte administration stopping the application for long-delayed financing before it stepped down. "The new administration can revisit the projects," Finance Secretary Benjamin Diokno said Friday. "If found worthwhile, it may choose to restore the loan application, if funding is still available." Diokno, who serves as President Marcos' chief economic manager, did not reply when asked to comment on concerns that Chinese financing pledges for Philippine projects had been slow, even at the height of closer Manila-Beijing ties duri...
Keep on reading: Not the end yet for China loans, Diokno says Marcos admin to revisit projects
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Keep on reading: Not the end yet for China loans, Diokno says Marcos admin to revisit projects
from INQUIRER.net https://ift.tt/AlN28IY
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