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.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details