World Bank: Restructure BRT financing due to delays
FOLLOWING delays in the implementation of the Cebu Bus Rapid Transit (BRT), the World Bank has proposed a restructuring of its financing package for the project, including an extension of the project’s closing date to Sept. 30, 2026 from the current Jan. 30, 2024. The World Bank also proposed revisions to the project’s components, extension of the deadlines for compliance with agree...
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