Tag: trillion
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Week In ASEAN: Empowering Vietnam’s Renewable Energy Future: Decree 80 And The DPPA Mechanism; Indonesian House Approves IDR 3 Trillion For PLN To Achieve 100% Electrification In Remote Areas; And More
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Empowering Vietnam’s Renewable Energy Future: Decree 80 and The DPPA Mechanismthe Vietnamese government issued Decree No. 80/2024/ND-CP, a significant policy shift allowing direct power purchase agreements (DPPA) between renewable energy […] The post Week In ASEAN: Empowering Vietnam’s Renewable Energy Future: Decree 80 And The DPPA Mechanism; Indonesian House Approves…
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NG debt hits record P15.35 trillion
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THE NATIONAL Government’s (NG) outstanding debt rose to a fresh high of P15.35 trillion as of end-May, reflecting the impact of the peso weakness on foreign currency-denominated debt, the Bureau of the Treasury (BTr) said.
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US Election Outcome Could Hinder Energy Transition, Putting $1 Trillion Investment at Risk: Report
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The Infrastructure Investment and Jobs Act (IIJA) of 2021 and the Inflation Reduction Act (IRA) of 2022 positioned the US as a leader in global decarbonization. However, a potential victory […] The post US Election Outcome Could Hinder Energy Transition, Putting $1 Trillion Investment at Risk: Report appeared first on…
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Gov’t collected P1.4 trillion of revenue as of April — Recto
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THE GOVERNMENT collected P1.4 trillion in revenue in the first four months of 2024, accounting for almost a third of its full-year target, preliminary data from the Finance department showed. “My calculation is we are at P1.4 trillion. That’s for the first four months,” Finance Secretary Ralph G. Recto told…
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NG debt slips to P14.93 trillion as of end-March
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THE NATIONAL GOVERNMENT’S (NG) outstanding debt slipped to P14.93 trillion as of end-March, the Bureau of the Treasury (BTr) reported. Data from the BTr on Wednesday showed that NG debt stock dipped by 1.67% from the record-high P15.18 trillion as of end-February due to the net redemption of government securities.…
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Government raises borrowing program to P2.57 trillion
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THE NATIONAL GOVERNMENT (NG) is looking to borrow P2.57 trillion this year, mostly from the domestic market, the Department of Finance (DoF) said on Monday. In a statement, the DoF said this is 5% higher than its original P2.46-trillion program. National Treasurer Sharon P. Almanza said the revised borrowing plan…