National Government .
The latest data from the Treasury showed that total loans decreased by 64.89% to P128.913 billion in September from P367.183 billion in the same month last year.
Month-on-month, total loans slid by 74.65% from P508.527 billion in August.
Household Loans, which made up 93.51% of the total, posted a 16.98% increase to P120.548 billion in September from one year ago.
This is made up of P111.848 billion in fixed-rate bonds (T-Bonds) and P8.7 billion in treasury bills (t-bills).
Foreign borrowing, which mainly consists of project loans, was recorded by 96.23% to P8.365 billion in September from P221.983 billion a year ago.
“This (very low rate) can significantly reflect the lower share of foreign government borrowing and borrowing of other foreign risks by reducing the foreign exchange risks involved, said another economist of Michael.
The peso closed at P58.196 per dollar on September 30, down 35.1 centavos from its P57.845 on DRED 27, 2024.
“( Foreign loans are mentioned,” said Mr. Ricafort.
Philippine Institute for Development Study Development Study John Paolo RI-REALO RI-RIRA FOR ENERGY WHICH IS WORTH THE FREE PURCHASE TIME, and the government’s financing plan for the “fourth quarter.
“While this limitation on borrowing can help to reduce the pressure immediately on the costs and expenses of servicing the debts, it also suggests two advices such as the pollution that is done remains large or rises too much, NG may need to reset Positive words,” said Mr. Reara.
NGOPSOPS Gross lending stood at P2.4 Trillion during the January-to-September period, up 4.11% from P2.3 Trillion last year. This constituted 92.11% of the P2.6-trillion Financial plan for 2025.
Domestic debt rose 9.16% to P1.96 trillion in the period ending September from P1.795 trillion a year ago. This accounted for 92.83% of the P2.04-Trillion Home Loan program this year.
Broken down, the domestic debt is made up of P1.05 Trillion in Freezing-Rate Moper Bonds, P425.61 billion in Retail Treasure Bonds, P300 billion fixed notes and P181.15 billion in T-Bills.
As of September, total external debt stood at P434.597 billion, down 13.84% from P504.447 billion last year. This constitutes 89.03% of the P4888.77-billion foreign loan program this year.
Broken down, foreign debt is made up of P199.965 billion in Global Bonds, P171.307 billion in Program Loans, and P71.325 billion in Project Loans.
Foreign borrowing until the end of September was included in the preparation of the Global Bond Issuance that raised $ 3.3 billion or p192 billion in late January but was resolved in February. – Aaron Michael C. Sy
