Press Release

ADVISORY: BSP ISSUES REMINDER ABOUT SUBMISSION OF FOREIGN BORROWINGS PLAN FOR Q4 2022 AND 2023

In line with the Bangko Sentral ng Pilipinas (BSP) mandate on external debt management and pursuant to Section 22.7 of the Manual of Regulations on Foreign Exchange Transactions (FX Manual), as amended, all public and private resident entities, intending to: (a) obtain medium- and long-term foreign loans/borrowings from non-residents, including offshore issuances of debt instruments; and (b) issue onshore debt instruments that require settlement in foreign currency, are required to submit not later than 30 September 2022 their foreign borrowings plan (FBP) for the 4th quarter of 2022 and whole year 2023. Said FBP shall be submitted to the BSP, through the International Operations Department, to the following email addresses: (a) for public sector loans/borrowings: iod-iog1@bsp.gov.ph; or (b) for private sector loans/borrowings: rosetan@bsp.gov.ph and geronimojb@bsp.gov.ph.

The standard reporting form [Annex D.3 (Medium and Long-term Foreign Borrowings Plan) of the FX Manual] may be downloaded from the BSP website at https://www.bsp.gov.ph/SitePages/Regulations/DownloadSection.aspx or https://www.bsp.gov.ph/Lists/Download%20Section/Attachments/51/Annex%20D.3%20(Cir984_2017).docx

All reported data are covered by strict confidentiality rules and shall be used for the BSP’s internal purposes only pursuant to Section 23 of Republic Act (R.A.) No. 7653, as amended by R.A. 11211. The BSP, therefore, enjoins the cooperation of all concerned.

DIYARYO MILENYO is a free and independent online media outfit that publishes events happening in the local communities and current issues that matter to the public with local, national and global implications. DIYARYO MILENYO is composed of volunteer journalists and community writers scattered in various parts of the Philippines. They report the news right and where it happens. It adheres to the standards and ethics of journalism. It imposes strict rules against attacking someone. Strictly adhering to publish good news only.

%d bloggers like this: