PDIC's P107 Billion Loss and 2027 Budget Allocation

An inquiry into why only P57 billion is proposed for the Philippine Deposit Insurance Corporation (PDIC) in the 2027 budget, despite the agency reporting P107 billion in losses, reflecting tight fiscal limits.

17 Aug, 23:22 — 17 Aug, 23:22

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RapplerMostly Factual11d ago

PDIC lost P107B. Why is only P57B in the 2027 proposed budget — and not guaranteed?

The P57-billion figure may say more about the government’s tight fiscal limits than about what the state bank deposit insurer actually needs

By Lance Spencer Yu

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PDIC's P107 Billion Loss and 2027 Budget Allocation

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PDIC lost P107B. Why is only P57B in the 2027 proposed budget — and not guaranteed?

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