PH officially drops World Bank loan for Customs modernization project

PH officially drops World Bank loan for Customs modernization project

[Inquirer.net] - 12/28/2024

The Philippines has officially abandoned its $88.28-million loan from the World Bank (WB) to fund the modernization of the Bureau of Customs after the project faced multiple delays amid legal obstacles. In a restructuring document, the Washington-based letter said the Department of Finance (…)



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