BusinessWorld E-paper
December 1, 2023
THE PHILIPPINE government plans to borrow less from the domestic market next month, the Bureau of the Treasury (BTr) said on Thursday, amid a shrinking budget deficit that eases the pressure to finance its debt.
The December borrowing plan is 73% lower than the P225-billion program in November and 60% less than what it raised this month, the BTr said in a memo posted on its website.
