NG borrowings surge following RTB offering

Apr 17, 2023 12:20 am

THE national government's gross borrowings ballooned in February, surging by 606.4 percent to P375.24 billion from P53.12 billion to P375.24 billion, data from the Bureau of the Treasury showed.

Domestic borrowings accounted for the bulk at P359.26 billion in February based on a Treasury cash operations report, significantly higher than the year-earlier P45 billion.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

PH growth seen slowing to 2026

US inflation up anew; Fed still set to cut rates

Banking sector assets up by 9.8% to P26.4T

Restore NFA's power to sell rice – Tiu Laurel

DOE: 5th Green Energy Auction set for Q3 2025

Cebu Pacific targets 26% capacity increase

Quality of public spending