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Cause for concern
- Source :
- Far Eastern Economic Review. April 1, 2004, Vol. 167 Issue 13, p44, 1 p.
- Publication Year :
- 2004
-
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.
- Subjects :
- Philippines -- Economic aspects
Budget deficits
Business
Business, international
Subjects
Details
- Language :
- English
- ISSN :
- 00147591
- Volume :
- 167
- Issue :
- 13
- Database :
- Gale General OneFile
- Journal :
- Far Eastern Economic Review
- Publication Type :
- Periodical
- Accession number :
- edsgcl.122243009