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Philippines urges reform of global financial system to aid middle-income countries

NAMPA / Xinhua
2025-07-09
MANILA, July 9 (Xinhua) -- The Philippines has called for urgent reform of the international financial system to better support middle-income countries (MICs) amid mounting global challenges, the Department of Finance (DOF) said Wednesday. Speaking at the 4th International Conference on Financing for Development held on July 2 in Seville, Spain, DOF Undersecretary Joven Balbosa urged enhanced representation of developing countries, a review of......
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