Debt service bill declines in August
THE NATIONAL Government saw its debt service bill drop in August from a year ago, as a decline in amortization payments offset the higher interest payments.
Monetary chiefs say it’s too early to stop virus spending
THE WORLD’S top central banks are urging governments to put concerns about mounting debt aside for now and keep spending until the economic recovery from the coronavirus is complete.
China’s slowdown seen to impact PHL trade
AN ECONOMIC SLOWDOWN in China could dampen trade inputs to Philippine manufacturing, prompting the need to further diversify the country’s trade partners, economists said.