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CONFIRMED: Japan PM Abe to give $8.7-billion aid package to PH

MANILA, Philippines – Japanese Prime Minister Shinzo Abe vowed to give the Philippines $8.66 billion (1 trillion yen) in aid, which would be spread over 5 years.

He himself announced this on Thursday, January 12, at Malacañang Palace, as he began his two-day official visit.


"We will pledge business opportunities through ODA and private investments which will amount to 1 trillion yen for the next 5 years," Abe said in his press statement.
Aside from this, Japan has also vowed to establish rehabilitation facilities to support Duterte's campaign against illegal drug use.
The two leaders also agreed on the need to enforce the United Nations resolution on North Korea's missile and nuclear development. [source]

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