The yen loan package is composed of $100 million for the Development Policy Support Program III (DPSP III) and $150 million emergency budget support. In addition, a JICA fact-finding mission will also be dispatched to the Philippines from December 3, in response to the results of the Post-Disaster Needs Assessment conducted by the World Bank.
Ambassador Katsura also mentioned a number of other Japanese assistance projects to the Philippines which are relevant to the recovery and reconstruction process.
EMBASSY OF JAPAN
2627 Roxas Boulevard, 1300 Pasay City, Philippines
Phone: 551-5710 Ext. 2316/Fax: 551-5784