The Philippines’ secretary of finance, Margarito Teves, talks to Eric Ellis about his achievements and aspirations in keeping the economy on a stable growth path. THE preferred office of Philippines ...
It’s worth recalling just how bad things once were in the Philippines. In 2004, government debt was equivalent to 79% of GDP, and interest payments on that debt were consuming 37.3% of all revenues.
MANILA, May 23 (Reuters) - The Philippines will find it increasingly difficult to balance the government budget this year because of slower growth and high commodity prices, Finance Secretary ...
MANILA, May 14 (Reuters) - The Philippines is open to returning to the international debt market, but is not sure when it will do so, Finance Secretary Margarito Teves said on Wednesday. "We are open ...