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The Philippine government’s debt reached a record P15.89 trillion at the end of September, as officials borrowed more locally and internationally to cover the budget deficit. The Bureau of the Treasury reported on Wednesday that this marked…
Government debt reached a new high of P15.69 trillion at the end of July, mainly due to new government securities and project loans. The increase was slightly offset by a stronger peso, according to the Bureau of…
The national government’s total debt dropped to P14.93 trillion as of the end of March, down 1.67 percent from the previous month’s P15.12 trillion. This was because more money was repaid for domestic government loans than was…
WITH the first offering of retail treasury bonds (RTBs) for 2018 being met with strong demand from the investing public, the Bureau of Treasury (BTr) is set to issue P121.8 billion worth of three-year RTBs, following the…
The Bureau of the Treasury (BTr) hopes to raise more than P8 billion in Cebu as it expects more Cebuanos to invest in the government-issued bonds following the strong local appetite during its bond offering last March.…
The Bureau of Treasury (BTr) assured on Monday that there are no funds missing from the government coffers. In fact, National Treasurer Roberto Tan disclosed that the government has around P411 billion cash in 153 bank accounts…
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