News & Views (January 2023)

• 05/01/23

  PHL, China ink bilateral financing agreements and documents during Marcos Jr. state visit

  The Philippines and China signed on January 4, 2023 six bilateral agreements and one project completion document to support the financing of key projects during President Ferdinand Marcos Jr.’s three-day state visit to the People’s Republic of China.

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• 04/01/23

  President Marcos Jr. issues EO 10 extending the validity of reduced import duty rates

  President Ferdinand R. Marcos, Jr. has approved the extension of Executive Order (EO) 171 on reduced import duty rates through EO 10, which was issued on December 29, 2022.

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• 04/01/23

  Govt’s external debt inches down by 1.6% to P4.2 trillion in November 2022 over stronger Peso

  The external debt of the National Government (NG) slightly decreased by PHP69.6 billion or 1.6 percent to PHP4.2 trillion in end-November 2022 due to a stronger Peso, and net repayment.

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