Asian banks offer rescue to the Philippines economy

Jenny Lescohier Editor

29 May 2020

Construction sector’s output expected to grow 1.2% this year rather than 8% as previously predicted

In an effort to help the Philippines weather the economic storm caused by the Covid-19 pandemic, the Asian Infrastructure Investment Bank (AIIB) and the Asian Development Bank (ADB) have offered the country US$750 million in…

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