
PH, Hungary 'close to signing' $33-M water projects deal
MANILA, Philippines — Hungary is set to finalize a $33-million (P1.9-billion) loan agreement with the Philippines to fund major water management projects aimed at providing communities with better access to clean water, Senate Majority Leader Juan Miguel “Migz” Zubiri bared on Thursday. According to Zubiri, it was Hungarian National Assembly Speaker László Kövér who announced during a courtesy call on Senate President Vicente “Tito” Sotto III on Wednesday that discussions on the water projects have reached an advanced stage and is steadily progressing. “We are talking about a loan project worth $33 million and the funds are to be used […]... Keep on reading: PH, Hungary 'close to signing' $33-M water projects deal