The World Bank and IBRD provided a $116 million loan for the Cebu Bus Rapid Transit project, followed by a negative progress assessment.
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Updated sep 22
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How it started
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What happened
The World Bank and IBRD provided a $116 million loan for the Cebu Bus Rapid Transit project, followed by a negative progress assessment.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- A World Bank loan has been secured to finance the CBRT project.Sub-event
IBRD provided $116M loan for Cebu BRT, but the World Bank later issued a negative progress assessment.1 source
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The entities involved
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World Bank
international financial institution
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International Bank for Reconstruction and Development
international financial institutions, sells loans to middle-income developing countries, part of the World Bank Group
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