Tag: 31?
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BSP @ 31: Shaping the financial landscape towards sustainable growth
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A central bank needs to accomplish a few things in its service to the nation: among which are monetary policy, which involves controlling the money supply and interest rates to achieve macroeconomic objectives such as controlling inflation, managing employment levels, maintaining economic stability; the regulation and supervision of banks and…
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Gross borrowings drop 31% in April
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THE National Government’s (NG) gross borrowings fell in April as domestic and external debt declined, data from the Bureau of the Treasury (BTr) showed. BTr data showed that the NG’s total gross borrowings dropped 31.3% to P89.202 billion in April from P129.906 billion in the same month a year ago.…