The Aquino administration took a “secret” loan from the World Bank worth $500 million for rehabilitation after Super Typhoon Yolanda (Typhoon Haiyan) ravaged parts of the country in 2013.

Rating

The Aquino administration obtained a $500-million loan from World Bank in 2013, but this information was not hidden from the public. The debt figures cited by the blog were also inaccurate.

Reviewed by Rappler ↗ · July 6, 2019