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Marcos admin to borrow P585B from local creditors in Q2

By Inquirer - 8 months ago
MANILA, Philippines — The Marcos administration is planning to borrow P585 billion from local creditors in the second quarter, the same as the programmed domestic borrowings in the first quarter, to bridge its budget deficit. Based on the schedule posted on the Bureau of the Treasury ‘s (BTr) website on Monday, the government is targeting

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