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Gov’t borrowings down 42% in ’13

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The government borrowed significantly less in 2013 than in the previous year, as the increase in tax collection helped trim its budget gap.

Posted: March 14th, 2014 in Headlines | Read More »

State’s outstanding debt rose 5.5% in Nov.

The government’s debt stock rose further in November as the state continued to rely on borrowings to partly fund its expenditure requirements.

Posted: January 20th, 2014 in Headlines | Read More »

Growth of economy outstrips rise in gov’t debt

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The outstanding debt of the government rose anew in September as it continued to rely on borrowings to help meet its expenditure requirements.

Posted: November 29th, 2013 in Headlines | Read More »

Gov’t borrowings down 50% in first 4 months to P176B

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Confident of its ability to generate higher revenues and fund more of its expenditure requirements this year, the government borrowed significantly less from foreign and local creditors in the first four months.

Posted: June 4th, 2013 in Editor's Pick,Headlines | Read More »

PH ended 2012 with net borrowings of P538B

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FILE PHOTO

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.

Posted: March 11th, 2013 in Latest Business Stories | Read More »

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