"Economic recovery has actually begun in the second quarter and it should continue in the succeeding months after last year’s deep contraction."
Fitch Ratings’ move...
The government has secured $18.4 billion in foreign loans to deal with the crisis brought about by the COVID-19 pandemic, the Department of Finance (DOF)...
The Department of Finance said secured $4.55 billion in newly-contracted foreign loans from multilateral lenders and the commercial markets as of mid-May to boost...
The government’s outstanding debt surged P768 billion or 11.4 percent to P7.494 trillion as of end-January from P6.726 trillion a year ago, data from...
