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Philippines borrows 50-B yen from Japan for disaster management, COVID-19 response

Willard Cheng, ABS-CBN News
Posted at Sep 15 02:50 PM

The Philippines is borrowing 50 billion yen (around $470 million or P22.9 billion) from Japan to fund disaster management and respond to the COVID-19 crisis, the Department of Foreign Affairs said on Tuesday.  Read more »

Philippines has economic 'firepower' to fight coronavirus, says IMF

ABS-CBN News
Updated as of Mar 26 11:31 AM

The Philippines has the economic "firepower" to fight the coronavirus pandemic and can draw from the International Monetary Fund's emergency financing, the Washington-based lender said Thursday. Read more »

S&P further cuts growth forecast for Philippines

ABS-CBN News
Updated as of Jun 27 04:54 PM

The Philippines is now seen growing at 6.1 percent this year, down from the previous estimate of 6.4 percent back in April. Read more »