official/overseas development assistance (ODA) funds are mostly long term loans (15 to 30 years) with very low interest rates (1% to 4% p.a.) and sometimes come with grants. ODA funds are usually channeled thru government financial institutions. very few local government units (lgu) can access this funds directly, mainly because of complicated requirements imposed by the foreign funders.
nindot kung si tomas maoy ma neda chief. hopefully, sa visayas and mindanao nasad ibubo ang development funds.




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