The Civil Service Commission (CSC) said the application period for the Fire Officer Examination (FOE), Penology Officer Examination (POE), and Basic Competency on Local Treasury Examination (BCLTE) will run from March 4 to April 3. “We are pleased to announce the upcoming administration of the...
President Marcos has appointed Sharon P. Almanza as the new national treasurer following her tenure as the Officer-in-Charge of the Bureau of the Treasury, the Department of Finance (DOF) announced. National Treasurer Sharon P. Almanza In a statement on Monday, March 11, the DOF said that Almanza...
The Bureau of the Treasury successfully raised P15 billion from the auction of Treasury bills (T-bills) as yields declined after 11 consecutive weeks of increase. The national government on Monday, March 11, made a full award of all its short-term debt papers as demands totaled P50.708 billion,...
The government's share of the Philippine Amusement and Gaming Corp. (Pagcor) income remained below its pre-pandemic levels last year, data from the Bureau of the Treasury indicated. According to the Treasury report, the national government received P33.85 billion from Pagcor's income from January...
The Bureau of the Treasury borrowed P15 billion from the local debt market through its successful auction of Treasury bills (T-bills) on Monday, March 4. Averages rates continued to move up during the auction, with all the tenors fetching slightly higher rates. Robust investor demand also marked...
President Marcos took out slightly more loans last year to finance the government's operations and projects. Based on the Bureau of the Treasury's data, the national government's gross borrowings increased by 1.4 percent to P2.193 trillion between January and December 2023 from P2.163 trillion in...
PPA General Manager Jay Daniel Santiago The Philippine Ports Authority (PPA) made a great rebound following the adverse effects of the Covid-19 pandemic to the shipping industry by remitting more than P5 billion cash...
The national government's debt is edging closer to the P15 trillion mark, fueled by increased borrowing to cover the budget deficit, data from the Bureau of the Treasury showed. In January 2024, the government's total debt rose by eight percent to P14.79 trillion from P13.698 trillion in the same...
The Marcos administration registered a reduction in the budget deficit last year, with revenues growing significantly faster than expenditures, data from the Bureau of the Treasury showed. In 2023, the national government's fiscal deficit stood at P1.512 trillion, a 6.3 percent decrease from the...
The national government fell short anew in making a full award of the short-term debt papers following the record-high P585 billion retail treasury bond issuance. The Bureau of the Treasury during an auction on Monday, February 26, partially borrowed P14.8 billion through the sale of Treasury bills...
The Department of Finance (DOF) said the Marcos administration is on track to meet its borrowing requirements for the year, which will provide the necessary funding for government programs and projects. With a total financing goal of P2.46 trillion for 2024, the government plans to secure 75...
Small Filipino investors swarmed the government's retail treasury bond (RTB) sale, reaching another record driven by the attractive interest rate being offered. The Bureau of the Treasury announced that the national government raised a total of P584.86 billion through the sale of five-year RTBs,...