PH domestic liquidity expands 5.6% in April

SunStar Publishing Inc.

DOMESTIC liquidity in the Philippines grew by 5.6 percent in April compared to the same period last year, reaching P17.2 trillion.However, this marks a slight decrease from the 5.7 percent growth seen in March, according to the Bangko Sentral ng Pilipinas .Domestic liquidity refers to the measure of the total amount of money in circulation within the country.

Domestic claims represent the total amount of credit or financial assets extended by the banking system to various sectors within the country’s economy.Claims in the private sector grew by 10.8 percent in April from 11 percent in March with the sustained expansion in bank lending to non-financial private corporations and households, according to the BSP.The BSP further said that net claims on the central government grew by 13.9 percent in April from 15.

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Liquidity Bangko Sentral Ng Pilipinas

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