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(Eagle News)—-The national government’s debt in July registered an increase from the previous month’s level, the Bureau of Treasury reported on Friday, Aug. 31. In a statement, the BTr said the P7043.59 billion registered as of the end of July was a P27.4 billion increase, or a 0.4 percent increase. It said the increase was “due to net availments on both domestic and foreign obligations.” “Of the total stock, 34.68 percent were sourced externally, while […]
(Eagle News) — The Department of Labor and Employment (DOLE) said Sunday, May 13, that it has remitted P548.3 million to the Bureau of Treasury (BTr) that will help augment the funds needed for the implementation of government priority projects. The amount, which came from the excess verification fee and interest collected by the 29 Philippine Overseas Labor Offices (POLOs), was an increase of P110.044 million from the 2017 remittance of P438.256 million, said DOLE’s Financial […]
(Eagle News) — The National Government’s outstanding debt increased to a record-high of P6.82 trillion as of end of February 2018, according to the latest data released by the Bureau of Treasury on Wednesday, March 28. The Bureau of Treasury said that this was higher by 1.4 percent or by P94.57 billion from the end of January level. “Of the total stock, 35.05 percent orP2,390.80 billion were sourced externally while 64.95 percent or P4,429.86 are […]
(Eagle News) – The Department of Finance (DOF) Privatization and Management Office (PMO) has remitted over P17 million to the Bureau of Treasury (BTr) in the first month of 2018. In a statement on Friday, the finance department said the amount of P17,399,864.03 was remitted in the form of a LandBank cheque, based on the report of PMO chief privatization officer Atty. Gerard Chan to Finance Secretary Carlos Dominguez III. Of the amount, the DOF […]
(Eagle News) — The government is targeting to bid out some P98.32 million-worth of state-owned assets in the first quarter of 2018, even as it reported that it had remitted more than half a billion pesos in the sale of state assets last year. This was according to the Privatization Management Office (PMO) of the Department of Finance (DOF) which reported that disposition of state properties for privatization along with cash dividends and other forms […]
