The national government’s financing position in 2012 showed a net borrowing of P538.2 billion, or almost five times the P115.3 billion recorded in 2011, according to the Bureau of the Treasury.
The government’s financing position in the 11 months to November showed a net borrowing of P477 billion, or about five times the P99.7 billion registered in the same period last year, according to the Bureau of Treasury (BTr). From January to November, the government borrowed more at a faster rate, while its payments declined, [...]
The government plans to borrow as much as $3.2 billion from foreign sources next year, intending to use the proceeds to help fund development projects and programs and settle maturing dollar-denominated obligations.
The government’s financing position in the five months to May ballooned to a net borrowing of P171.64 billion—much higher than the P3.68 billion recorded in the same period last year, according to the Bureau of Treasury (BTr).
The government’s finance position in the four months to April stood at a net borrowing of P162.4 billion—a reversal from the net payment of P30.73 billion reported in the same period last year, according to the Bureau of the Treasury (BTr).
The government may tap the domestic capital market to raise a portion of the $750 million it originally planned to borrow offshore, as officials cited the high liquidity and low interest rates prevailing in the Philippines.
The government assumed a net borrowing position of P115.3 billion in 2011—67 percent lower than the P351.6 billion reported the previous year, the Bureau of the Treasury (BTr) said.
The government’s financing position in the 11 months to November showed a net borrowing of P99.7 billion, 70 percent lower than the P336.5 billion recorded in the year-ago period, according to the Bureau of the Treasury (BTr).
The government’s financing position in the nine months to September showed a net borrowing of P9.7 billion, or just 3 percent of the P309.5 billion recorded in the year-ago period, according to the Bureau of the Treasury.
The government’s net borrowings in the seven months to July fell to P33.58 billion from the P175.9 billion recorded in the same months last year, according to the Bureau of the Treasury (BTr). The considerable decline in borrowings was observed amid the continuing efforts of the government to consolidate its finances and manage its debts, [...]
(Editor’s note: We are reposting this story, which was originally titled “First-half borrowings of gov’t jump to P300B,” to correct some erroneous figures and misstatements.) Government borrowings in the first half of the year dropped by 26 percent to about P300 billion in the first half of the year from a year ago. Data from [...]
The Bangko Sentral ng Pilipinas has increased the limit on the amount that small banks may borrow from and deposit to other banks, as part of its thrust to beef up credit and financial services in rural areas. Under the amended rules on the single borrower’s limit (SBL) related to interbank exposures, accommodations—both loans and [...]
