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$2-billion deficit

Latest Daily Tribune news and analysis on $2-billion deficit.

  1. GIR falls to a 4-year low at $97.4B

    GIR falls to a 4-year low at $97.4B

    Foreign currency reserves in securities accounted for most of the decline, falling to $62.8 billion in October from $75.2 billion at the end of February.

  2. Unraveling quickens

    Unraveling quickens

    The sectoral groups challenged the House version of the P7.2-trillion budget, which passed on third reading 281 to 13, but with P180 billion more added for the…

  3. BANK of the Philippine Islands is marking its 175th anniversary with a P5-billion sustainability bond offering carrying a 1.75-year maturity, in reference to its history as the oldest bank in the Philippines and in Southeast Asia. Founded in August, 1851, BPI originally served as a de facto central bank and published the Philippines’ first paper currency, the peso fuerte.

    BPI plans P5-billion sustainable bond offering

    BPI plans to raise at least ₱5 billion through its SIBOL bond offering to finance or refinance eligible green and social projects. The 1.75-year bonds, marking…

  4. (FILE PHOTO) The Bangko Sentral ng Pilipinas

    March BoP posts $2-B deficit — BSP

    ‘The deficit reflected the government’s drawdowns on its foreign currency deposits with the BSP to meet its external debt obligations, as well as the BSP’s net…