Senator Risa Hontiveros on Monday, May 17, said Malacañang should stop trumpeting China’s aid and development assistance to the Philippines, saying the country doesn’t owe a huge debt of gratitude to Beijing. Senator Risa Hontiveros (Senate PRIB/MANILA BULLETIN File photo) Hontiveros said...
The Duterte administration has borrowed P741.59 billion from foreign creditors last year for the country’s coronavirus response, the Department of Finance (DOF) said. Data from the DOF’s International Finance Group (IFG) showed that the government has contracted a total of $17.06 billion,...
The Asian Development Bank’s (ADB) has earmarked $9.4 billion in sovereign lending to the Philippines for the next three-years to help the government revitalize the economy amid the coronavirus disease pandemic. In a statement, the Manila-based multilateral institution, said that at least...