Gov’t aims for P3.5bn in fresh debt bid
Friday, May 23, 2025 | 200 Views |
Ministry of Finance
Government is counting on its domestic debt programme to primarily support the forecast P22.1 billion deficit for the 2025–2026 financial year, with external loans playing a smaller role.
However, bidders at the monthly auctions of the government notes have increasingly pressed for higher returns for the funds they are lending government, resulting in the BoB missing the debt targets consistently since July last year.
“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...