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Philippine government simply cannot go on a borrowing spree: Inquirer
MANILA (PHILIPPINE DAILY INQUIRER/ASIA NEWS NETWORK) - The government is in a financial bind. While the coronavirus pandemic has necessitated additional expenses in the tens of billions of pesos, its main revenue source - local taxes and imposts on imports - has been constricted by the same health crisis afflicting the globe.


Posted: 2020-07-01 06:43:00

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For many are called, but few are chosen. Matthew, 22. 14

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