Local
borrowings, which accounted for the bulk of the end-June total, amounted to P615.4 billion, up from the P305 billion generated from the sale of treasury bills and bonds a year ago.
While previous governments had crossed the lawful limits of
borrowing from the SBP, this government's
borrowings have been too large.
Gross domestic
borrowings for the month decreased by 8.2 percent from the P55.435 billion made last year, while gross external
borrowings expanded by 2,866.8 percent from last year's P2.534 billion.
"Spending was a bit weaker in the first two quarters, but at the same time, we've been able to maintain our
borrowings given the auction performance and also in terms of the external (
borrowings).
Domestic interest bearing debt can be further categorised as bank([BB.sub.t]) and non-bank
borrowings ([NBB.sub.t]).
The GoP's stock of
borrowings from the Central Bank has reached Rs4.8 trillion as of the latest available data, culminating into 12.6 percent of GDP, highest since FY06.
Summary: New Delhi [India], Sep 28 (ANI): The central government on Friday announced a reduction by Rs 70, 000 crore in the gross
borrowing program, which would be compensated by reducing buy-back and additional flows from small savings.
In 2018, the government adjusted its domestic-to-foreign financing mix to 74:26 from the original 80:20, and according to the BSP, the change in
borrowing mix reflected "plans to tap more financing from external sources, albeit the
borrowing mix is still tilted towards domestic
borrowings."
New Delhi: The government on Wednesday lowered the additional
borrowing requirement for the current fiscal to Rs 20,000 crore from Rs 50,000 crore estimated earlier.
Natural gas company Bill Barrett Corporation (NYSE:BBG) stated on Monday that its bank group has set a
borrowing base of USD335m upon completion of the semi-annual
borrowing base redetermination of its revolving credit facility maturing in April 2020.
International Resource News-March 25, 2016--W&T Offshore decreases
borrowing base under its revolving bank credit facility