Philippines to help ailing nations with $1-billion loan to IMF

[Fergeboy]

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Gamiton unta nang sobra nga kwarta para improve sa atong nasud. Unya na nang magpa utang kung wla na nag lisud atong nasud.

Di na pwede. The money that the Central Bank is using for the said loan is part of our national reserve. From the word reserve, obvious na nga dili dapat gamiton. What's good with using it for the loan, is that at least, it earns interest. Unsa may gusto diay ninyo sa reserve, matulog lang diha?

Also, there are a lot of benefits to becoming a lender aside from the interest earnings:

- marketing, it makes our "brand" better, it improves our countries perception
- it improves our credit rating
- it increases our credibility to IMF if time comes (ayaw lang unta) nga kita nasad ang manginahanglan mangutang

and i'm sure there are other intangibles to being a lender rather than a borrower

Also, bisan pag dili ta pahulam sa IMF-member nations, our BSP still lends money somewhere else, we just don't hear about it. It's what banks do. Unsaon man diay pag earn sa bangko kung dili sila pa utang or mo invest? Na news lang ni kay IMF man.

[jack_bauer]

Also, bisan pag dili ta pahulam sa IMF-member nations, our BSP still lends money somewhere else, we just don't hear about it. It's what banks do. Unsaon man diay pag earn sa bangko kung dili sila pa utang or mo invest? Na news lang ni kay IMF man.

sakto bai..

what is very saddening is ang uban taw gamiton ni nga black propaganda.. kaluoy sd sa dili kasabot..hehe

[skadiboy]

saun, kung walay makita nga g.buhat mu ingun lng nga nag tug ug walay au, karung naa nay agi mu ingun lang ug nag pa pogi bwahahaha HATERS WILL NEVER STOP HATIN.. TROLOLO

bisan cguro si superman mu ingun lang atay ba aning Pinoy oie bisan unsa akong buhatun cge mn lang gyapon ug HATE bwahahaha

[aztina888]

ayaw ana sir, wala man daw na sila nag hate.

bwahahaha this!!! I LIKE!!

[bot_yok]

wow 1B dollars lots of money, i just hope it will be used for its purpose.

[æRLO]

For almost 45 years, the Philippines was a chronic IMF borrower. But it was able to transform itself as a lender after the country prepaid all of the government's outstandings debts with the IMF.

Starting in 2010, when the counrry's foreign reserves started to expand, the Philippines joined other nations that lent to borrowing IMF member-countries.

so does this mean mangakon nasad ang mga dilaw nga ilang idol ang rason nga paid off na atong utang sa IMF ani?

The best investment is to inject that money into the country's infrastructure and overall economic capacity, not to lend it off. Mas dako ang ROI that way at the same amount of time. It improves efficiency. At the same time you create jobs, kysa stagnant nang kwarta mag pa-interest.

[jack_bauer]

so does this mean mangakon nasad ang mga dilaw nga ilang idol ang rason nga paid off na atong utang sa IMF ani?

The best investment is to inject that money into the country's infrastructure and overall economic capacity, not to lend it off. Mas dako ang ROI that way at the same amount of time. It improves efficiency. At the same time you create jobs, kysa stagnant nang kwarta mag pa-interest.

1B is only a fraction of our reserves.. kani jedd sya eyyy.... lol

[Golden Thief Bug]

WALA ka ni basa sir noh?

ingon ang news.. we have paid all our IMF debts since 2006 and since 2010 we are lending money to IMF already..

and walay financial institution nga MALAIN sir kung mo utang ka nila unya mo pautang pd ka nila..

SAMA sa bangko, ma open ka ug savings deposit.. unya mo loan sd ka nila.. DILI ug DILI gyud sila malain ana sir.. pwamisssss... hehe

maoba wala ko nag expect nabayran na ato tanan utang? wait, kinsa paman daw ato gi utangan aside sa imf? this is good news.

[erwin_rommel]

reserves man ni ang ipa utang. kanang reserves, pang emergency ra na og dili dapat gamiton sa infrustructures or projects. mas dako tag problema if ma drain atong reserves kay gi gamit sa wrong investments.

[jack_bauer]

maoba wala ko nag expect nabayran na ato tanan utang? wait, kinsa paman daw ato gi utangan aside sa imf? this is good news.

world bank brad ug kaning mga bonds nga atong gi issue ug uban pa..