, 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
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