Diokno plays down rising debt concerns

By Mayvelin U. Caraballo

May 28, 2022 12:24 am

BENJAMIN Diokno, the chosen Finance secretary of President-elect Ferdinand 'Bongbong' Marcos Jr., has played down concerns over the Philippines' increasing debt, saying the country is still well-positioned to meet its obligations.

In an interview on ANC on Friday, Diokno, the former chief of the Bangko Sentral ng Pilipinas, said that in his more than 30 years in the government, he has seen the Philippines' worst crises, and believes the country can better manage its debt this time.

Bangko Sentral ng Pilipinas Governor Benjamin Diokno. TMT FILE PHOTO

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