The Central Bank of the Philippines reminded entities to submit their Foreign Borrowings Plan covering the fourth quarter of 2025 and full year 2026 by 30 September 2025. Submission is required for resident entities planning to obtain medium- and long-term foreign loans or borrowings from non-residents, including offshore issuances of debt instruments, or to issue onshore debt instruments that require payment in foreign currency. The requirement is set out in the Manual of Regulations on Foreign Exchange Transactions, as amended, and is intended to support the central bank’s assessment of the economy’s foreign funding requirements and oversight of foreign borrowings so they can be serviced in an orderly manner consistent with debt servicing capacity. Plans must be filed using the standard form in Annex D.3 of the FX Manual and are submitted to the Bangko Sentral ng Pilipinas through its International Operations Department, with reported data treated as confidential and for internal use under Section 23 of Republic Act No. 7653, as amended by Republic Act No. 11211.

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