Tag page - Mark Dennis Y.C. Joven

The Department of Finance (DOF) would not throw in the towel yet on hope that Beijing could still fund the three big-ticket railway projects that were initiated by the Duterte administration. Amid reports that the Chinese loan applications for the Bicol, Subic-Clark, and Mindanao railway projects...

The Duterte administration has “successfully” completed its three-tranche foreign commercial borrowing on the back of volatile financial markets overseas, the Bureau of the Treasury announced. The Treasury bureau said Tuesday, March 22, that the government raised $2.25 billion, or roughly P118...

The Duterte administration has so far borrowed more than P1 trillion from foreign lenders for the government’s coronavirus response, the Department of Finance (DOF) said. As of Jan. 14, 2022, the national government already raised a total of $22.55 billion, or roughly P1.15 trillion, in budgetary...