MANILA, Philippines — The Philippines will borrow a total of P6 trillion in 2020 and 2021 to finance higher spending...
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MANILA, Philippines — The Philippines’ war chest against the COVID-19 crisis inched up to $21.046 billion (about P1.04 trillion) as...
MANILA, Philippines — The Philippine economy could shed as much as $38.1 billion (almost P1.9 trillion) or 11.5 percent of...
MANILA, Philippines — With more foreign loans and domestic borrowings availed in May to finance the fight against COVID-19, the...
MANILA, Philippines — The Philippines’ war chest against COVID-19 breached the P1-trillion level as of June, the latest data compiled by...
The central bank’s efforts to cushion the impact of the COVID-19 pandemic on the Philippine economy have led to a...
The COVID-19 crisis will cost the Philippine economy P2.2 trillion in losses this year as firms shed profits while millions...
The Philippine economy lost an estimated P1 trillion in the agriculture, industry and services sectors during the first 45 days...
As spending for COVID-19 response pile up while revenue collection slows down during the pandemic, Finance Secretary Carlos G. Dominguez...
National government debt rose slightly in March to P8.18 trillion, or twice the national budget in 2020, as an increase...
