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Loans from Japan or Investment Interests for the Subway?


By: Elena Grace Flores

Filipino Future
[VIDEO]: Metro Manila Subway Project, Funded by the Marcos Gold? FEM’s Grandplan is fulfilled by PBBM

Loans from Japan

The Japanese government agreed to provide funding of around $1.95bn for the Metro Manila Subway Project. The funding will be provided in the form of yen loans extended via the Japan International Cooperation Agency.

People’s Taxes

This is only one of the Bild Build Build projects following the late President Ferdinand E. Marcos’ grand plan. The taxes of the people can never compensate for this massive project. The Japanese loans are just starters.

Connect the Dots

However, it was mentioned by former First Lady Imelda Marcos to the former Manila Mayor, Lito Atienza that if only the gold interests were allowed to come into the country by the previous administrations, it could have funded the subways and many more. So, connect the dots.

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