


| Covid-19 impact: Philippines seeks new $11 bn advance from central bank |
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The Philippines has asked the central bank to lend it 540 billion pesos ($11.1 billion) to help finance a budget deficit that’s under strain from Southeast Asia’s worst Covid-19 outbreak. The government plans to settle the debt on or before Dec. 29 at zero interest, Bangko Sentral ng Pilipinas....
Posted: 2020-09-30 23:11:00
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