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By Andras Gergely
MANILA, June 28 (Reuters) - The Philippine government has asked the central bank's approval to borrow $1 billion overseas to fund a record budget deficit this year, sources from the Finance department and monetary authority said at the weekend. The Japan Bank for International Cooperation (JBIC) has committed to guarantee 95 percent of up to $1 billion in Samurai bonds that may be issued by the ...
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