00:00According to the Philippine Central Bank, the country has a total of Php 106.84 billion at the end of 2024.
00:18The reserve came from foreign investments, such as foreign money and reserve positions in the International Monetary Fund.
00:27The current amount of the GIR is enough as an external liquidity buffer, which is equivalent to more or less seven months worth of assets,
00:38as well as the payment of services and primary income.
00:42Meanwhile, according to the VSP, the country's GIR has almost four times the short-term external debt based on residual maturity.
