MB okays $2-B Q4 foreign borrowing

By Eireene Jairee Gomez

Jan 22, 2023 12:13 am

COVERING October to December 2022, the Monetary Board (MB) on Friday approved one public sector foreign borrowing of $2 billion for the fourth quarter of 2022, according to the Bangko Sentral ng Pilipinas (BSP).

In a statement, the BSP said the latest figure was significantly lower by 32.95 percent compared to the $2.98 billion borrowings approved in the same period in 2021.

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