Foreign debt

Friday, 5 July 2024

5 days ago

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.

PH financial system is growing… due to foreign loans of gov’t and firms

29 Jun 2024

3:44PM

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.