Philippines could issue typhoon debt – ADB

A sizeable issue – to pay for rebuilding – would be an interesting barometer of how investors now see the country's growth story following the disaster.
Huge swathes of Eastern Visayas, including the flattened city of Tacloban, has been all but wiped out by the typhoon and part of the problems hitting rescuers has been poor existing infrastructure.
Huge swathes of Eastern Visayas, including the flattened city of Tacloban, has been all but wiped out by the typhoon and part of the problems hitting rescuers has been poor existing infrastructure.

The Philippines could sell more debt next year to help pay for reconstruction following Typhoon Haiyan, forecasts Juzhong Zhuang, deputy chief economist at the Asian Development Bank.

¬ Haymarket Media Limited. All rights reserved.

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