Read this in The Manila Times digital edition.
THE national government received Monetary Board approval to borrow $3.54 billion overseas during the second quarter, the Bangko Sentral ng Pilipinas (BSP) announced on Monday.
The amount was 26.4 percent higher than the $2.8 billion approved in April-June 2021, the central bank said in a statement, but was 26.25-percent down compared to the first quarter of this year.
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