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| December 10, 2006 | Sunday | Ziqa'ad 18, 1427 |
ADB loan
MANILA, Dec 9: The Asian Development Bank (ADB) said Saturday it is lending 450 million dollars to the Philippines to stabilize the country's electricity supply situation. The loans would be used to help the Philippine government restructure a power sector burdened by high levels of debt, the ADB said in a statement from its headquarters in Manila.—AFP
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