Tuesday, 24 June 2025
22 Jul 2024
11:01AM
PH gov’t borrowed more in Q2 to fund expenses, transportation projects — BSP
These foreign loans are earmarked for the national government’s general budget financing and the financing or refinancing of assets under the Republic of the Philippines’ Sustainable Finance Framework ($2.0 billion), as well as transport infrastructure projects ($1.9 billion).
29 Jun 2024
6:16PM
More investments, but also more loans: Money flowing into PH rose in the first quarter
The central bank said this widening gap was due to a 3.8% rise in the country’s external financial liabilities, which outpaced the 1.3% growth in financial assets of Filipinos invested in or lent to foreign entities.
15 Apr 2024
11:18AM
Monetary Board-approved Q1 Foreign Borrowings Down 48% for Philippines
The Philippine government reduced its foreign borrowing by 48% in the first quarter of 2024, securing approvals from the central bank’s highest authority for only $2.87 billion compared to $5.56 billion in the same period last year.
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