Government borrowings climb 40% in August

THE NATIONAL Government’s (NG) gross borrowings rose by 40.28% year on year in August as domestic debt jumped on increased issuances of government securities, the Bureau of the Treasury (BTr) reported. Treasury data showed that gross borrowings increased to P174.03 billion in August from P124.06 billion in the same month a year ago. However, month […]

Government borrowings climb 40% in August
THE NATIONAL Government’s (NG) gross borrowings rose by 40.28% year on year in August as domestic debt jumped on increased issuances of government securities, the Bureau of the Treasury (BTr) reported. Treasury data showed that gross borrowings increased to P174.03 billion in August from P124.06 billion in the same month a year ago. However, month […]