The Bangko Sentral ng Pilipinas wants to clarify the misinformation it received that the processing of requests for the Monetary Board (MB) opinion on the proposed domestic borrowings of WDs has been put on hold.
Please be advised that no such action has been made. The BSP continues to process requests received for MB opinion on proposed borrowings of all government entities, including WDs, pursuant to Section 123 of Republic Act No. 7653.
For further clarfication, please contact:
Real and External Sectors Research Group (RESRG)
Department of Economic Research
Bangko Sentral ng Pilipinas
A. Mabini St., Malate, Manila 1004
Tel. No.: 708-7428