Dubai debt woes won’t affect RP

MAKATI CITY Philippines - The debt crisis in Dubai the United Arab Emirates will have little impact on the Philippines according to a central bank official.Speaking with select reporters on Dec. 1 Amando Tetangco Jr. governor of the Bangko Sentral ng Pilipinas said even if overseas Filipinos workers are laid off by some Dubai companies "they will be absorbed by the other Middle Eastern countries which are all growing . . .

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