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Philippine debt rises to P13.7-T as of January 2023

ABS-CBN News
Posted at Mar 07 03:49 PM

The national government's total outstanding debt rose to P13.7 trillion as of the end of January from P13.42 trillion the previous month, the Bureau of Treasury said on Tuesday. Read more »

PH debt rises to P13.64 trillion in October

ABS-CBN News
Posted at Dec 07 03:54 PM

The Philippines’ debt further climbed to P13.64 trillion in October from P13.51 trillion in September as the government continued to borrow. Read more »

31 pct of 2023 nat'l budget to come from loans: House

RG Cruz, ABS-CBN News
Updated as of Sep 20 08:11 PM

The government will be funding 31 percent of the 2023 national budget from loans, the chairman of the House committee dealing with the matter said. Read more »

Marcos to submit P5.268-T budget to Congress next week

Warren de Guzman, ABS-CBN News
Updated as of Aug 17 05:20 PM

Budget Secretary Amenah Pangandaman said they will be enacting several reforms to ensure the budget is spent efficiently and effectively. Read more »

PH national debt at P12.79 trillion as of end-June

ABS-CBN News
Posted at Aug 05 02:54 PM

The Philippine national government's total outstanding debt reached P12.79 trillion as of the end of June, data from the Bureau of Treasury showed. Read more »

PH sovereign debt hits P12.76 trillion in April

ABS-CBN News
Updated as of Jun 02 07:25 PM

The national government's total outstanding debt reached P12.76 trillion as of the end of April from P12.68 trillion the previous month. Read more »

PH needs P326-B yearly to pay for high debt: solon

ABS-CBN News
Posted at May 16 05:11 PM

The Philippine government needs around P326 billion in new revenues annually to pay for COVID-19 debts, a lawmaker said Monday. Read more »

PH debt-to-GDP ratio seen to decline as pandemic fades

Jessica Fenol, ABS-CBN News
Posted at Apr 05 02:05 PM

The National Government's debt reached P12.09 trillion in February 2022. Read more »

Philippine debt hits P12.03 trillion in January 2022

ABS-CBN News
Updated as of Jun 02 03:34 PM

The national government debt has reached P12.03 trillion as of the end of January, the Bureau of Treasury said Friday. Read more »

Cutting debt is top task of next admin: DOF

ABS-CBN News
Posted at Feb 22 04:21 PM

Bringing down the country’s debt, which ballooned during the pandemic, should be the first task of the next administration, said Finance Sec. Carlos Dominguez III. Read more »

PH government debt hits P11.93 trillion in November

ABS-CBN News
Updated as of Dec 29 06:02 PM

The Philippine government’s debt hit P11.93 trillion in November, up P1.8 trillion or 17.7 percent from the same month last year, the Bureau of Treasury said. Read more »

Dominguez says next govt facing higher debt, inflation

Warren de Guzman, ABS-CBN News
Posted at Dec 08 03:59 PM

The next administration will face higher debt, inflation and inequality due to the COVID-19 pandemic, said Finance Secretary Carlos Dominguez III on Wednesday. Read more »

Budget deficit rises to P1.2 trillion in October

ABS-CBN News
Posted at Nov 25 02:02 PM

The Philippines’ budget deficit rose to P1.2 trillion at the end of October as spending continued to outstrip revenues, the Bureau of Treasury said on Thursday. Read more »

PH debt hits record P11.92 trillion in September

ABS-CBN News
Posted at Oct 29 04:21 PM

The Philippines' debt further climbed to P11.92 trillion at the end of September, up 27.2 percent from the same month last year. Read more »

Philippines books P1.14-T budget deficit from Jan-Sept

ABS-CBN News
Updated as of Oct 25 02:11 PM

From January to September, the government collected P2.24 trillion in revenues but spent P3.38 trillion. Read more »

Banks tighten lending standards in Q3: BSP survey

ABS-CBN News
Posted at Oct 21 09:39 PM

The BSP said banks became stricter about lending money to businesses and consumers in the July to September period, based on its survey. Read more »

Philippine debt hits P11.61 trillion in July

ABS-CBN News
Updated as of Sep 02 07:30 AM

The Philippines’ debt climbed further hitting P11.61 trillion at the end of July, the Bureau of Treasury reported on Wednesday. Read more »

PH borrowings to drop to P2.25T in 2022: Finance chief

ABS-CBN News
Posted at Aug 26 03:49 PM

The Philippine government’s borrowings will drop in P2.25 trillion in 2022 from the P3 trillion expected this year. Read more »

Philippine government's debt hits P11.071 trillion in May

ABS-CBN News
Posted at Jul 05 03:32 PM

The Philippine government's total outstanding debt stood at P11.071 trillion at the end of May, the Bureau of Treasury said on Monday.  Read more »

National govt debt hits P10.77 trillion in March

ABS-CBN News
Posted at May 03 05:31 PM

The national government’s total outstanding debt rose to P10.77 trillion as of end-March 2021, the Bureau of Treasury said on Monday.  Read more »