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The national government will attempt to borrow P180 billion from the domestic debt market in June, lower by P30 billion than the P210 billion programmed for May. The Bureau of the Treasury (BTr) will hold an auction to raise P180 billion through the sale of Treasury bonds (T-bonds) and another…
(1st UPDATE) Several ghost employees quit amid the scandal. The BSP, however, refuses to comment on the fate of Monetary Board members allegedly tangled in the 'unprecedented' irregularities.
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A SCANDAL involving ghost employees at the Philippine central bank threatens to shake up the monetary authority at a time when policy decisions are crucial amid elevated inflation and a weak currency.
Faced with allegations of payroll discrepancies, BSP authorities launched an investigation