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The Philippines has become a net borrower as of 2016, ending a 13-year streak of net lending to the rest of the world, the Bangko Sentral ng Pilipinas (BSP) said in a report released over the weekend.

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                    [AuthorName] => Lawrence Agcaoili
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2016 Philippine flow of funds

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The Philippines has become a net borrower as of 2016, ending a 13-year streak of net lending to the rest of the world, the Bangko Sentral ng Pilipinas (BSP) said in a report released over the weekend.

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Philippines now a net borrower

By Lawrence Agcaoili | March 19, 2018 - 12:00am

The Philippines has become a net borrower as of 2016, ending a 13-year streak of net lending to the rest of the world, the...

Business