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PHILIPPINE TREASURY CHIEF CONCERNED ABOUT S&P CREDIT DOWNGRADE.
Publication: AsiaPulse News Publication Date: 29-APR-03 |
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COPYRIGHT 2003 Asia Pulse Pty Ltd
MANILA, April 29 Asia Pulse - While finance and monetary officials are not worried about the lasting effects of Standard and Poor's credit downgrade last week, the Bureau of Treasury, whose job is to raise money for the government, is much more concerned.
Treasury chief and auction committee chairman Sergio "Boy" Edeza said the credit downgrade handed down by the New York-based credit rating agency has given local investors an excuse to bid...
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