A Study of the Export Financing System in the Philippines

Page 246

240 Table VII.I BANKS' LOANS AND DISCOUNT, AND POST-EXPURT FINANCING

PROJECTED AND PRE-

Pro3ected Exchange Rate (P/US$) i/

Year

1989 1990 1991 1992 1993 •1994 1995 1996 1997 1998 199_ 2000

Banks' Loans and Discounts

21.93 22.81 23.72 24.b7 25.66 26.69 27.75 28.86 30.02 31.22 32.47 33.77

2/

4.7 5.1 5.6 6.1 •6.7 7.4 8.1 8._ 9.7 10.6 £1.7 12.8

Pre- and Post Export Financing Requirement 3/

1.15 1.29 1.45 1.65 1.92 2.26 •2.62 2.97 3.40 3.85 4.37 4.95

i/ The

assumed

depreciation

rate

is

the

rate

4 percent

per

2/ Assumed

to

De

growing

3/ From

Table

VI.9.

at

of

14

percent.

year.


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