Japan’s support to PH exceeds target

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Japan’s financial support to the Philippines during the Duterte administration’s nation-building programs surpassed the amount committed by former Japanese Prime Minister Shinzo Abe five-years ago, the Department of Finance (DOF) said.

Japan’s financial support to the Philippines during the Duterte administration’s nation-building programs surpassed the amount committed by former Japanese Prime Minister Shinzo Abe five-years ago, the Department of Finance said.

Japan’s financial contribution is equivalent to 1.38 trillion yen, more than the one trillion yen commitment of former Prime Minister Abe in 2017. Dominguez’s proposal was raised during his recent meeting with Shinichi Kitaoka and Akihiko Tanaka, the outgoing president and current president, respectively, of JICA, after the signing of the 30-billion yen loan agreement.

He also reaffirmed Japan’s commitment to the Mindanao peace process, and assistance in the development of the Bangsamoro Autonomous Region in Muslim Mindanao .

 

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