The National Government’s (NG) outstanding debt rose to a record-high P12.79 trillion at the end of June, beating the previous high of P12.76 trillion in April. Preliminary data from the Bureau of the Treasury (BTr) showed outstanding debt inched up by 2.4% from end-May’s P12.49 trillion “due to the net issuances of domestic and external […]
Tag: external
BSP upgrades debt management system
THE BANGKO SENTRAL ng Pilipinas (BSP) has enhanced its external debt monitoring and analysis by shifting to the latest version of the Debt Management and Financial Analysis System (DMFAS). “The DMFAS 6 has strengthened security to ensure data integrity and confidentiality and an enhanced user experience and navigation. It also offers enhanced analytical and managerial […]
BSP-approved foreign borrowings climb 69% in Q1
THE BANGKO SENTRAL ng Pilipinas (BSP) approved $4.8 billion of external borrowings by the government in the first three months of 2022 in order to bankroll its coronavirus pandemic response and infrastructure projects. This amount was 69% higher than the $2.84 billion approved in the same period of 2021, the BSP said in a statement […]
External debt at end of Sept. up 4.7% quarter on quarter
EXTERNAL DEBT held by the Philippines rose 4.7% from a quarter earlier at the end of September, with the government continuing to borrow to fund its pandemic mitigation measures. According to preliminary data released by the Bangko Sentral ng Pilipinas (BSP) late Friday, external debt was $105.929 billion at the end of the third quarter, […]
NG debt hits P11.9 trillion as of end-September
By Jenina P. Ibañez, Reporter The national government’s outstanding debt rose to P11.9 trillion as of the end of September as the peso depreciated against the US dollar, preliminary data from the Bureau of the Treasury (BTr) showed. The end-September debt level was 27.2% higher than last year’s figure, and was 2.41% higher than […]
Q1 external debt declines
The country’s outstanding foreign debt fell by 1.5% or $1.4 billion to $97 billion at the end of March from end-December, after the National Government redeemed maturing bonds and local banks settled their obligations, according to the Philippine central bank. Year-on-year, the country’s debt stock rose by $15.6 billion after borrowings worth $13.5 billion by […]