List of Philippine embassies and consulates that will be closed

Here is the list of locations around the world where Philippine embassies and consulates will be closed following a thorough study that it is more beneficial for the government to close them down:

By July 2012:

Lazada Philippines

1. Koror in Palau
2. Caracas in Venezuela
3. Barcelona in Spain
4. Dublin in Ireland
5. Frankfurt in Germany
6. Stockholm in Sweden

By end of October 2012:

1. Havana, Cuba
2. Saipan
3. Bucharest, Hungary
4. Helsinki, Finland

The Department of Foreign Affairs (DFA) said that it will save the government, 500 million pesos per year with the closure of those 10.