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                    [ArticleID] => 98596
                    [Title] => WB worried over political crisis in RP
                    [Summary] => The World Bank   called for urgent action yesterday to end  the political   crisis to prevent a further erosion of investor confidence.


Confidence in the Philippines has been rocked by  political uncertainty, brought about by an impeachment motion by opposition  parties against President Estrada.


The crisis has pushed the peso to record lows and the stock market to a two-year trough.


Vinay Bhargava, World Bank director for the Philippines, said corruption allegations against  President Estrada are a "serious matter" that must be quickly resolved.


                    [DatePublished] => 2000-10-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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WORLD BANK-JAPAN BANK

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                    [ArticleID] => 98596
                    [Title] => WB worried over political crisis in RP
                    [Summary] => The World Bank   called for urgent action yesterday to end  the political   crisis to prevent a further erosion of investor confidence.


Confidence in the Philippines has been rocked by  political uncertainty, brought about by an impeachment motion by opposition  parties against President Estrada.


The crisis has pushed the peso to record lows and the stock market to a two-year trough.


Vinay Bhargava, World Bank director for the Philippines, said corruption allegations against  President Estrada are a "serious matter" that must be quickly resolved.


                    [DatePublished] => 2000-10-21 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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abtest

WB worried over political crisis in RP

October 21, 2000 - 12:00am

The World Bank called for urgent action yesterday to end the political crisis to prevent a further erosion of investor confidence. Confidence in the Philippines has been rocked by political uncertainty, brought...

Business