Korea Provides US$100-Million Loan for Philippines’ COVID-19 Emergency Response

On Thursday, October 29, 2020, the Government of Korea (through the Export-Import Bank of Korea/Korea Eximbank) and the Government of the Philippines (through the Department of Finance) have entered into an agreement for the EDCF COVID-19 Emergency Response Program Loan* worth USD 100 million. This is the third agreement** signed by the two countries under the One Billion US Dollars (US$1,000,000,000) EDCF Framework Arrangement for the …

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