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Reagan to unveil 10 billion mini Marshall Plan for Philippines
The Reagan administration plans a multination aid program up to 10 billion over five years to support President Corazon Aquino. A personal emissary may travel to Manila with senior lawmakers to discuss details while Japan West Germany and other nations World Bank and banks are expected to contribute. The program features grants concessional loans debt relief trade preferences and debt swaps to bolster the Philippine economy amid political stabilization efforts.
MENTIONED IN THIS ARTICLE
Washington Post
Washington
Reagan
Corazon Aquino
Congress
Aquino
Manila
U.S
Europe
East Asia
Japan
West Germany
United States
World Bank
Philippines
Ferdinand Marcos