debt servicing

Record debt not due to COVID-19 response

March 5, 2022

The Duterte administration did not change its priorities despite urgent pandemic needs and, if anything, only used COVID-19 response to cover up massive borrowings for continued debt servicing and infrastructure.

Duterte govt: Just Can’t Debt Enough

October 4, 2020

BY SONNY AFRICA

The debt crisis is already upon us – just not the kind that the economic managers and creditors are worried about where debt payments to lenders are interrupted.