Monetary Board approved US$3.32-B foreign borrowings of the public sector in Q4 of 2023
For the period October to December 2023, the Philippine Monetary Board has approved seven (7) public sector medium-to-long-term (MLT) foreign borrowings totalling US$3.32 billion. The said amount is 65.8% (US$1.32 billion) higher than the US$2 billion MLT foreign borrowings approved for the same period last year. IMAGE CREDIT: https://www.adb.org/what-we-do/ Meanwhile, public sector foreign borrowings approved […]