News
Japanese aid package funding three JICA projects
Three projects funded by part of a recently announced US$7.7 billion Japanese aid package are under way, according to the Japanese International Cooperation Institute. Japanese Prime Minister Shinzo Abe announced earlier this month that his country would provide 800 billion yen in aid, loans and ...
Gov’t to borrow over $1B this year: report
The government expects to borrow nearly $1 billion from external creditors this year, primarily for infrastructure development, pushing the national debt over $6 billion, according to a report issued on November 4 by the Ministry of Economy and Finance. About a third of this amount, some ...