P845M in EU grants to Mindanao eyed for COVID-19 response
The European Union (EU) and the Philippines are in talks to possibly divert at least P845 million in grants earlier set aside for peace-building initiatives in Mindanao to COVID-19 response…
COVID-19 foreign loans, grants hit $7.76 billion
MANILA, Philippines — Foreign borrowings, loans, and grant assistance secured by the Philippines to fight the COVID-19 pandemic amounted to a total of $7.76 billion (over P386 billion) as of…
PH’s COVID-19 loans, grants hit $6.508 billion
MANILA, Philippines — The loans and grants secured by the Philippines to finance COVID-19 response climbed to $6.508 billion (over P325 billion) to date after it signed a $750-million loan…
DOF: Nearly $5B in foreign loans, grants added to COVID-19 funds
To finance response to the COVID-19 pandemic, the Philippine government so far borrowed from foreign lenders and secured grants worth nearly $5 billion, with much of the money already injected…
DOF orders LGU treasurers to monitor use of COVID-19 grants
The Department of Finance (DOF) has ordered local treasurers to monitor the use of grants that their local government units (LGUs) had received for COVID-19 response. The DOF’s Bureau of…
DBM releasing P6.1B in grants to provinces for COVID-19 response
Not to be left behind by their city and municipal counterparts, provincial governments will divide among themselves P6.1 billion in funds for COVID-19 response. Documents showed that the Department of…
Landbank releases cash grants for CCT beneficiaries’ COVID-19 aid
MANILA, Philippines — Beneficiaries of the government’s conditional cash transfer (CCT) program will receive money over the weekend as part of the subsidies to vulnerable households during the COVID-19 quarantine.…