Govt gross borrowings drop to P207B in March

Apr 29, 2024 12:26 am

THE national government's gross borrowings dropped to P207 billion in March as foreign debt plunged, according to latest Bureau of the Treasury (BTr) data.

Based on the bureau's latest cash operations report, overall borrowings totaled P207.27 billion for the month, down 12.8 percent from the P237.60 billion logged a year earlier. It also dropped from the P419.97 billion recorded in February of this year.

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