Podcast
Questions and Answers
The main role of the BSP is to manage the country's internal debt.
The main role of the BSP is to manage the country's internal debt.
False (B)
The government's revenue and expenditure flows always match during any given period.
The government's revenue and expenditure flows always match during any given period.
False (B)
Debt transparency is important for both lenders and borrowers to make informed decisions.
Debt transparency is important for both lenders and borrowers to make informed decisions.
True (A)
The Department of Finance is not involved in managing public sector external debt in the Philippines.
The Department of Finance is not involved in managing public sector external debt in the Philippines.
The allocation for interest payment in the 2024 budget is 1 billion pesos.
The allocation for interest payment in the 2024 budget is 1 billion pesos.
Public debt management involves establishing and executing a strategy for managing the government's debt to raise required funding.
Public debt management involves establishing and executing a strategy for managing the government's debt to raise required funding.
Poorly structured debt can lead to economic crises.
Poorly structured debt can lead to economic crises.
The National Economic and Development Authority is not involved in managing public sector external debt in the Philippines.
The National Economic and Development Authority is not involved in managing public sector external debt in the Philippines.
The BSP only evaluates private sector foreign borrowing applications.
The BSP only evaluates private sector foreign borrowing applications.
Debt sustainability is not a concern in public debt management.
Debt sustainability is not a concern in public debt management.