NEDA chief: Government may borrow more from China, Japan

  As the Duterte administration pivots to neighboring economic giants such as China and Japan that offer financing for infrastructure projects, the share of foreign borrowings may exceed the government's medium-term program and reach 30 percent of the total, the country's chief economist said.   Socioeconomic Planning Secretary Ernesto M. Pernia told reporters that the yearly borrowing program of 80-percent domestic, 20-percent external until 2022 was a "very safe mix of debt."   "We expect our debt-to-GDP (gross domestic product) ratio, which is currently on the border of 40 percent of GDP, to even go down to 35 percent in the coming years," said Pernia...

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