Philippines President Rodrigo Duterte has reportedly given the green light for a $3.2 billion loan to help build an office and housing project for his administration.
A spokesman for Duterte, Raul Reyes, told AFP news agency that the loan was “a new initiative to increase our capacity for infrastructure investment in the country.”
Duterte, who has also called on the International Monetary Fund to help with a budget deficit, has said he intends to repay the loan.
In November, Duterte said the United Nations should be “sacked” and replaced by a new body that would replace it.
“The United Nations is not fit for purpose, and I want to rid it of its internationalist agenda and replace it with a government that will serve the interests of the Filipino people,” Duterte told reporters in the Philippine capital of Manila.
Duterte has been criticized for his call for a crackdown on drug addicts, a remark he has denied.