Asia - Voice of America: Philippine Economy Makes Gains

Asia - Voice of America asia

Philippine Economy Makes Gains Jul 6th 2012, 10:11 MANILA — When the Philippines committed to loan $1 billion to the International Monetary Fund last month for money aimed at bailing out debt-ridden nations in Europe, the country had another thing to brag about to help boost its image as an emerging player on the financial world stage. While the loan remains controversial in a country battling poverty, it also marked a milestone for an economy that has been steadily strengthening in recent years.  On Wednesday the ratings agency Standard ... Media files: AE043A9C-170C-4A49-A1EF-BEEA063EB191_cx0_cy5_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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