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BusinessWorld E-paper

February 27, 2024

A LOAN DEAL worth around P56 billion, which represents the third tranche of funding for the Metro Manila Subway project, is expected to be approved next month, according to the Depart- ment of Finance (DoF).

“For our part, the DoF is fully committed to securing the fund- ing for this project. We aim to finalize the loan agreement for the third tranche of financing by March 2024,” Finance Secretary Ralph G. Recto said during a press briefing on Monday.

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