ODA loan disbursement triples in Q4 2014

The financial performance of projects and programs funded through Official Development Assistance (ODA) improved as the disbursement level in the fourth quarter of 2014 tripled from the same period of last year.

Speech of Secretary Balisacan at the Philippine Infrastructure Development Seminar

Furthermore, the NEDA Board, under the Aquino Administration, has approved a total of 97 projects amounting to PhP1.39 trillion (USD31.42 billion), 81 of which are critical infrastructure programs and projects, with a total cost of PhP1.24 trillion (USD28.05 billion), to support the growth requirements of the country’s economic sectors. Of the total number of approved projects, 24 are funded through PPPs, 54 projects are financed through Official Development Assistance, and 19 projects are for local financing.

NEDA Board approves six transport infra projects

Secretary Balisacan: Most of these projects aim to have a more reliable and efficient transport infrastructure system. These are consistent with the government’s thrust to increase investment in connective infrastructure.