The Philippines ’ public debt has been falling fast, helping its chances of credit upgrades and further attracting foreign capital. On Friday, the government said total public debt as a fraction of gross domestic product fell to 49% in 2013. A decade ago the ratio stood at 75%. More here: Philippines’ Debt Boosts Credit Outlook
Showing posts with label Philippines’ Debt Boosts Credit Outlook. Show all posts
Showing posts with label Philippines’ Debt Boosts Credit Outlook. Show all posts
Monday, July 28, 2014
Philippines’ Debt Boosts Credit Outlook
The Philippines ’ public debt has been falling fast, helping its chances of credit upgrades and further attracting foreign capital. On Friday, the government said total public debt as a fraction of gross domestic product fell to 49% in 2013. A decade ago the ratio stood at 75%. More here: Philippines’ Debt Boosts Credit Outlook
Philippines’ Debt Boosts Credit Outlook
The Philippines ’ public debt has been falling fast, helping its chances of credit upgrades and further attracting foreign capital. On Friday, the government said total public debt as a fraction of gross domestic product fell to 49% in 2013. A decade ago the ratio stood at 75%. More here: Philippines’ Debt Boosts Credit Outlook
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