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                    [ArticleID] => 266195
                    [Title] => Government bares new foreign borrowing strategy
                    [Summary] => The Arroyo administration is making  another shift in its borrowing strategy, announcing that the bulk of its foreign borrowing will now be financed out of official development assistance (ODAs) instead of loans and bond issues.


The Department of Finance (DOF) made this announcement as the country faces increasingly problematic access to the international credit market in the wake of an expected wave of downgrades by the three major credit rating agencies: Moody’s, Standard & Poors and Fitch Ratings. 


                    [DatePublished] => 2004-10-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] => Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
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POORS AND FITCH RATINGS

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                    [ArticleID] => 266195
                    [Title] => Government bares new foreign borrowing strategy
                    [Summary] => The Arroyo administration is making  another shift in its borrowing strategy, announcing that the bulk of its foreign borrowing will now be financed out of official development assistance (ODAs) instead of loans and bond issues.


The Department of Finance (DOF) made this announcement as the country faces increasingly problematic access to the international credit market in the wake of an expected wave of downgrades by the three major credit rating agencies: Moody’s, Standard & Poors and Fitch Ratings. 


                    [DatePublished] => 2004-10-14 00:00:00
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abtest

Government bares new foreign borrowing strategy

By Des Ferriols | October 14, 2004 - 12:00am

The Arroyo administration is making another shift in its borrowing strategy, announcing that the bulk of its foreign borrowing will now be financed out of official development assistance (ODAs) instead of loans...

Business