Article Abstract:
The Philippines' persistent budget deficits are a serious cause for concern. The Philippine officials have skillfully replaced short-term debt with long-term maturities to keep the external debts under control, but it is stated that if the GDP growth slows and the deficit widens the Philippines may end up facing a financial crisis.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
The economy of Philippines is discussed. The economy is expected to grow at 4.9-5.8 percent in 2004 .
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
The influence of politics on the economy in the Philippines is discussed.
User Contributions:
Comment about this article or add new information about this topic: