Govt borrowings drop in Sept | The Manila Times
THE national government's gross borrowings significantly dropped in September compared to a year earlier, Bureau of the Treasury data showed.
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THE national government's gross borrowings significantly dropped in September compared to a year earlier, Bureau of the Treasury data showed.
The cost of servicing the debt is now the single largest expenditure item in the budget
THE national government's gross borrowings fell in August compared to a year earlier, Bureau of the Treasury data showed, dropping by 6.9 percent to P124.06 billion from P133.34 billion a year earlier.
THE Monetary Board (MB) greenlit $2.70 billion in public sector foreign borrowings in the third quarter of this year, the Bangko Sentral ng Pilipinas (BSP) said on Friday.
In a week where the parent company’s ratings were downgraded comes news that it will go ahead with a demerger of its businesses