Tag: Philippine debt
PH isn’t Sri Lanka… yet
Mayo 25, 2022
The Philippines isn’t going the way of Sri Lanka yet in defaulting on its foreign debt payments anytime soon. Which is not to say that there are no lessons to be learned from the first canary to die in the coal mine of growing global debt distress.
Duterte’s Borrowing Binge as of May 2020
Hulyo 11, 2020
Duterte’s Pandemic Borrowing
Hunyo 30, 2020
The Duterte administration’s foreign borrowing has continued to rise during the pandemic. How much is really to respond to COVID-19, and how much for debt-driven growth and the illusion of development?
PH debt: All’s well that swells (BusinessWorld Online)
Hunyo 17, 2020
PH Debt: All’s well that swells
Hunyo 13, 2020
The finance department underscores the need for government to borrow from foreign sources to fund its economic recovery plan. Multilateral and country creditors have unsurprisingly exploited the situation and recycled funds to lend. But do we really need to borrow for COVID-19 response? How are we going to pay for all of these debts?
Duterte’s Borrowing Binge
Marso 3, 2020