Duterte to Make Philippines’ AIIB Membership Official

Incoming president Rodrigo Duterte’s administration will push for the Philippines’ membership in the China-led Asian Infrastructure Investment Bank (AIIB) to widen financing options in line with plans to ramp up infrastructure development. The country only joined the group last December 31, a day before the deadline, as tensions over the South China Sea simmered. Membership, however, is still unofficial pending Senate…

Subscribe via email for complete access to Supreme Consult’s weekly report on political and investment risks in the Philippines.

Advertisements