The Bangko Sentral ng Pilipinas (BSP) said it has processed some P42.8 billion worth of local government unit (LGU) loans in the last half of 2020. All LGUs must send requests for Monetary Board opinion before they could transact their planned domestic borrowings. For the second semester of 2020, the ...

Source: Manila Bulletin (https://mb.com.ph/2021/05/25/bsp-reviewed-p42-8b-lgu-loans/?utm_source=rss&utm_medium=rss&utm_campaign=bsp-reviewed-p42-8b-lgu-loans)