May 14, 2008
World Bank approves US$232 million road loan to Philippines with anti-graft safeguards
“But even more, it is about putting in place standards that will apply to other projects and sectors and reduce misallocation of money, for the benefit of the Philippines.”
MANILA, Philippines : The World Bank approved on Wednesday a US$232 million loan for a Philippine road project after putting in place safeguards to detect corruption that halted its implementation six months ... via International Herald Tribune
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