Creation of Private Debt Restructuring Corp

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PRESIDENTIAL DECREE NO. 2000: Creation of Private Debt Restructuring Corp

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Title Supreme Court: Creation of Private Debt Restructuring Corp

Law: Presidential Decree No. 2000

Decision Date: Nov 26, 1985

Presidential Decree No. 2000 establishes the Private Debt Restructuring and Repayment Corporation (PDRC) in the Philippines, tasked with rescheduling and repaying foreign currency debt of private corporate sector borrowers, while also providing forward exchange protection and assisting the Central Bank in managing foreign exchange outflows.

private debt restructuring

repayment corporation

foreign currency debt

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