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Foreign funds for Covid response now P1.17 trillion | Bernadette D. Nicolas

THE government has so far secured a total of $23.4 billion (P1.17 trillion)  in financing from foreign lenders for the government’s Covid-19 response, Finance Secretary Carlos G. Dominguez III said. Of the total Covid-19-related external financing contracted by the government from March 16 2020 until December 7 this year, Dominguez…
Carlosg Dominguez While National Finance Secretary Carlos National Treasurer Rosalia

NG debt inches closer to P12 trillion as of end-October

THE national government’s outstanding debt is inching closer to the P12-trillion mark as it further swelled to P11.97 trillion as of end-October this year, marking a new record high. According to the latest data from the Bureau of the Treasury, the current debt stock level is 19.38 percent higher than…
San Carlos Negros Occidental Michael Ricafort While National Bureau Of The Treasury Rizal Commercial Banking Corp

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