+ Follow SECRETARY JUANITA D Tag
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 248950
[Title] => RP’s $200-M currency swap with ADB hits snag
[Summary] => Negotiations between the Department of Finance (DOF) and the Asian Development Bank (ADB) on a proposed $200-million currency swap hit a snag yesterday as the two parties failed to agree on the pricing terms and other technical issues.
The ADB and the DOF have been working on the $200-million currency swap where the Philippine government would get dollars for pesos that it would give to the ADB.
The ADB would then lend the pesos to local banks that would, in turn, lend them to qualified borrowers in sectors picked specifically as beneficiaries of the lending program.
[DatePublished] => 2004-05-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
SECRETARY JUANITA D
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 248950
[Title] => RP’s $200-M currency swap with ADB hits snag
[Summary] => Negotiations between the Department of Finance (DOF) and the Asian Development Bank (ADB) on a proposed $200-million currency swap hit a snag yesterday as the two parties failed to agree on the pricing terms and other technical issues.
The ADB and the DOF have been working on the $200-million currency swap where the Philippine government would get dollars for pesos that it would give to the ADB.
The ADB would then lend the pesos to local banks that would, in turn, lend them to qualified borrowers in sectors picked specifically as beneficiaries of the lending program.
[DatePublished] => 2004-05-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
