According to the Bango Central NG Philipinas (BSP), the Philippines started the year with a low total international reserves (GR) level compared to January and December last year.
Based on preliminary data, the country’s GR settled from 2025 to $ 103.02 billion. It was a summary of $ 103.27 billion in January 2024 to 0.24 percent.
The number of January 2025 was a summary of $ 106.3 billion at the end of December 2024.
The BSP said, “The Bahujan Samaj Party has reflected net foreign exchange activities at the GR level, and draws the National Government (NG) deposits with the BSP to pay its foreign currency debt obligations.”
The latest GR level refers to a sufficient external liquidity buffer that is equivalent to the allowances and services of goods and services worth 7.3 monthly.
The Bahujan Samaj Party noted that GR is considered adequate if it is able to fund the country’s goods and services and the primary income and the primary income is worth at least three months.
Furthermore, this is 3.6 times the basis of the remaining maturity of the country’s short -term outdoor debt.
Short -term debt based on the remaining maturity refers to the outstanding external debt with a year or a year or less, and the PSP is the primary payments in the middle and long -term loans of the public and private sectors who have fallen over the next 12 months. .
“At a certain period of time, the size of the Gir is considered adequate, which falls within a public and private, instant 12 -month period, if it is issued at least 100 percent of the country’s foreign loans,” the PSP. Said.
Data have been shown to $ 103 billion to $ 103 billion from 2025 to $ 106.2 billion from 2025 to 2024 to $ 106.2 billion.
The NIR BSP refers to the difference between the reserve assets or the GR and the Reserve Liability or the short -term foreign credit and the IMF from the International Monetary Fund.
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