ADB plays down PH debt trap concerns

Credit to Author: dmorcoso| Date: Wed, 01 May 2019 21:04:44 +0000

NADI, Fiji — “Debt trap” fears over foreign financing from development partners like China and Japan should not be a “big concern” as long as borrowings are “sustainable,” a top economist from the Asian Development Bank (ADB) said on Wednesday. Having debts is “not necessarily a bad idea … if government is meet[ing] a potential […]

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Kaliwa Dam opponets cite lack of indigenous people’s consent

Credit to Author: clopez| Date: Wed, 10 Apr 2019 21:34:35 +0000

Kaliwa Dam opponets cite lack of indigenous people’s consent

A multibillion-peso dam being pushed to be built in Rizal and Quezon provinces to solve Metro Manila’s water shortage

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Drilon seeks review of PH-China infra loan deal

Credit to Author: Alexander Magno| Date: Sun, 31 Mar 2019 12:28:26 +0000

Drilon seeks review of PH-China infra loan deal

Senate Minority Leader Franklin M. Drilon on Sunday backed the review of the loan deal between the Philippines and China which seeks to fund several infrastructure projects in the country.

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PH won’t fall into ‘debt trap’ in dealing with loans from China–Palace

Credit to Author: The Manila Times| Date: Mon, 11 Mar 2019 09:14:48 +0000

THE Philippines will not fall into a “debt trap,” Malacañang said, as Malaysian Prime Minister Mahathir Mohamad warned President Rodrigo Duterte to be careful in dealing with loans from China. In a press conference, Palace spokesman Salvador Panelo said…READ

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