国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

Philippine debt hits new high in January 2019

Source: Xinhua| 2019-03-04 21:17:02|Editor: Yurou
Video PlayerClose

MANILA, March 4 (Xinhua) -- The Philippines' outstanding debt hit 7.494 trillion pesos (roughly 144.74 billion U.S. dollars) at the end of January 2019 as the government borrowed more both locally and abroad, the Philippine Bureau of Treasury (BTr) said on Monday.

In a statement, the BTr said the 2.8-percent month-on-month rise in outstanding obligations from end-2018's 7.293 trillion pesos (roughly 140.86 billion U.S. dollars) was "mainly due to net availments of both foreign and domestic loans amid efforts to take advantage of generally favorable market conditions to raise foreign and local funding."

Of the total stock, BTr said 34.5 percent were sourced externally while 65.5 percent were borrowed onshore.

Year-on-year, the debt stock as of January jumped 11.4 percent from 6.726 trillion pesos (roughly 129.91 billion U.S. dollars) during the same month last year.

Domestic debt, which accounted for 65.5 percent or nearly two-thirds of the total outstanding amount, increased 2.8 percent month-on-month and 10.8 percent year-on-year to 4.91 trillion pesos (roughly 94.76 billion U.S. dollars).

Meanwhile, the BTr said external debt grew 2.7 percent month-on-month and 12.6 percent year-on-year to 2.584 trillion pesos (roughly 49.91 million U.S. dollars) last January.

The BTr said "the weakening of the U.S. dollar, on one hand, decreased the peso value of dollar-denominated debt by 19.24 billion pesos (roughly 371.60 million U.S. dollars); but on the other hand, increased the peso equivalent of third currency-denominated debt by 4.63 billion pesos (roughly 89.42 million U.S. dollars), thereby resulting in a net downward revaluation effect of 14.61 billion pesos (roughly 282.17 million U.S. dollars)."

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001378686331
主站蜘蛛池模板: 项城市| 全州县| 正安县| 浮山县| 大埔区| 西吉县| 土默特右旗| 宁强县| 辉县市| 镶黄旗| 鹿邑县| 沁水县| 长武县| 凤阳县| 顺义区| 无极县| 无棣县| 加查县| 峡江县| 辛集市| 资兴市| 红安县| 顺昌县| 安丘市| 兰考县| 济阳县| 凉城县| 慈溪市| 靖州| 依安县| 襄垣县| 辽阳市| 呼伦贝尔市| 静海县| 宁武县| 孝昌县| 城固县| 武城县| 隆子县| 建阳市| 敦煌市|