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Philippines’ Foreign Debt Payments Dwarf Relief Aid After Typhoon Haiyan
international |
miscellaneous |
news report
Friday December 20, 2013 14:33 by Jennifer Tong, Policy & Communications Director
More than a month after Typhoon Haiyan devastated the Philippines, the country has paid approximately $900 million in debt repayments—more than twice as much as it’s received in pledged aid from countries around the world to support the recovery effort. More than a month after Typhoon Haiyan devastated the Philippines, the country has paid approximately $900 million in debt repayments—more than twice as much as it’s received in pledged aid from countries around the world to support the recovery effort. |