Tag: jumps
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Debt service bill jumps in May
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THE NATIONAL GOVERNMENT’S (NG) debt service bill jumped year on year in May due to a surge in interest payments, the Bureau of the Treasury (BTr) said. Data from the Treasury bureau showed that debt payments rose by 40.64% to P68.98 billion in May from P49.05 billion in the same…
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Infrastructure spending jumps in April
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INFRASTRUCTURE SPENDING jumped in April amid the continued implementation of projects, the Department of Budget and Management (DBM) reported. Infrastructure and other capital outlays rose by 36.2% to P118.9 billion in April from P87.3 billion in the same month a year ago, according to the latest National Government disbursement report.…
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Manila jumps five spots in Global Green Finance Index
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MANILA moved up five spots in the latest ranking of financial centers based on their green finance performance, according to London-based think tank Z/Yen Group. In the 13th edition of the Global Green Finance Index (GGFI), Manila ranked 69th out of 96 financial centers. This was better than its 74th…