ECONOMIC growth should top 6.0 percent over the next five years for the Philippines to pay off pandemic-related debt, Finance Secretary Carlos Dominguez 3rd said on Thursday. “The biggest challenge for the next administration is really to grow out of the debt that we incurred during the pandemic,” he said in a Bloomberg interview. The borrowings, he added, were “natural because […]
Read MoreVietnam aims for a healthy and sustainable trade partnership with all key partners. Deputy Prime Minister Le Van Thanh has signed off decision No.493 approving the country’s trade strategy until 2030, which targets export growth of 6-7% during the 2021-2030 period. Under the strategy, Vietnam’s exports are expected to expand by 8-9% in 2021-2025, and […]
Read MoreThe government still has room to borrow another THB1.3 trillion before it reaches the 70 per cent ceiling of public debt as a ratio of gross domestic product, a source from the Finance Ministry said. Public Debt Management Office (PDMO) director Patricia Mongkhonvanit said on Thursday that there was still room for the Finance Ministry […]
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Thailand
