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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