Tag: creditor

Why is a $1bn deposit to the IMF such a big deal?

June 23, 2012 benign0 21 Comments

Over the last several days, I’ve been getting snippets of news and information lately about a USD 1 billion loan extended by the Philippines to the International Monetary Fund (IMF). The first I heard of it was in a “news” article that came across as a trumpeting of how the Philippines is now a “net…

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Economy, Government, Money Talks

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