NFA, scandal-ridden PhilHealth, get biggest subsidies in June

Subsidies for the purchase of rice for buffer stocks and health insurance raised government spending in June with the state-run National Food Authority (NFA) and the now scandal-ridden Philippine Health Insurance Corp. (PhilHealth) getting the biggest budgetary support. The latest Bureau of the Treasury data showed that the NFA received the largest subsidy among government-owned […]

Strong demand continues pulling down T-bill rates

T-bills rates continued to fall across-the-board on Monday as government securities remain appealing to investors while the economy awaits an injection of fiscal stimulus to fight the COVID-19 pandemic. The Bureau of the Treasury awarded all P20 billion in Treasury...