Saturday 18 November
Powered by Ajaxy
Oct 31, 2017 @ 16:38

Philippine central bank lends $1B to IMF

 

Here’s another testament to the country’s solid economic footprint.

The Bangko Sentral ng Pilipinas (BSP) offered a fresh $1 billion loan facility to the International Monetary Fund (IMF), representing a renewal of its commitment as a net creditor to the global authority.

It has been years since the Philippines transformed from being a borrower to a lender to the IMF back in 2011, and has maintained it since.

Tags: , , , ,

Related Stories
The Philippine economy has been rising between five and six percent to make it one
Financial ties between the Philippines and China grows even closer.
Batangueño start-ups now have a new borrowing platform.
MRC Corp. has signed a memorandum of understanding with China Energy Engineering Corp. Ltd. to


 

  • Ooakoto

    Hindi ba pwedeng i advance na muna as much as possible lahat ng payment ng extrrnal debt ng Pilipinas? 😂

Trending News

Recommended on sister sites

Copyright © 2017 Bilyonaryo - bilyonaryo.com.ph.