foreign-debt | ABS-CBN News

[OPINION] First steps

Dean dela Paz
Posted at Jul 13 10:25 PM

Following its long half-a-century sleep, during the first week of the administration, it was only natural that rebirth pains characterized its first steps. These are important. They determine direction. The Philippines is watching. So is the rest of the planet. Read more »

The economy under Duterte

Jekki Pascual and Art Fuentes, ABS-CBN News
Updated as of Jul 14 11:52 AM

Marcos inherits from Duterte an economy that is on the rebound but which also faces challenges of high debt levels, rising inflation, and a lingering pandemic. Read more »

[OPINION] All the King’s horses

Dean Dela Paz
Updated as of Jun 23 10:14 AM

High taxes and aggressive collection efforts will remain go-to instruments to mitigate adverse fiscal deficits and rating downsides. Unfortunately, these inflict heavily on businesses yet to recover, and a population cursed with inadequate wages worsened by historic inflation and the threat of stagflation. Read more »

DOF eyes new taxes, wider VAT to pay rising debt

ABS-CBN News
Updated as of May 25 04:54 PM

The Department of Finance is proposing to raise new taxes, defer personal income tax reductions, and expand VAT coverage among a slew of measures, to help pay the country’s ballooning debt. Read more »

Ilang Pinoy apektado ng economic crisis sa Sri Lanka

Reiniel Pawid, ABS-CBN News
Posted at May 23 01:46 PM

Apektado na ang ilang Pilipino sa Sri Lanka sa kinahaharap na krisis sa ekonomiya ng nasabing bansa. Read more »

Sri Lanka defaults on entire $51 billion external debt

Agence France-Presse
Posted at Apr 12 03:19 PM

Crisis-stricken Sri Lanka Tuesday announced it would default on its $51 billion external debt pending a bailout from the International Monetary Fund. 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 »

World Bank lending PH $300-M to speed up vax rollout

ABS-CBN News
Updated as of Dec 22 08:48 PM

The World Bank has approved a $300 million loan to help the Philippines scale up its vaccination program, the multilateral lender said on Wednesday. Read more »

PH debt hits record P11.97 trillion in October

ABS-CBN News
Updated as of Dec 01 04:06 PM

Since October last year, the government has added P1.9 trillion to the national debt. 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 »

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 gross int'l reserves at $106.55 billion in July: BSP

ABS-CBN News
Posted at Aug 13 11:56 AM

The Philippines's gross international reserves (GIR) level rose to $106.55 billion by the end of July, the Bangko Sentral ng Pilipinas said Friday. 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 »

BSP chief says Philippines won’t exceed debt thresholds

Warren de Guzman, ABS-CBN News
Posted at May 20 05:03 PM

The Philippines' debt situation is under control and the country will not exceed its borrowing threshold, the head of the Bangko Sentral ng Pilipinas said on Thursday.  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 »

Cut the debt of poor countries, Pope Francis tells IMF, World Bank

Reuters
Posted at Apr 08 08:46 PM

VATICAN CITY - Pope Francis has told world financial chiefs that poor countries hit by the economic impact of the coronavirus need to have their debt burden reduced and be given a greater say in global decision making. Read more »

PH debt hits P10.4 trillion at end of February

ABS-CBN News
Posted at Mar 29 04:39 PM

The Philippine government’s total outstanding debt rose to over P10.4 trillion at the end of February, the Bureau of Treasury said on Monday. Read more »

BSP: PH external debt rose by $6.5-B in Q4 2020, stood at $98.5-B at year’s end

ABS-CBN News
Posted at Mar 20 05:14 AM

The Philippines’ outstanding external debt stood at $98.5 billion by end of 2020, the country’s central bank said Friday, amid heavy borrowing by government to finance its COVID-19 response.  Read more »

Government debt hits P10.13 trillion in end-November

ABS-CBN News
Posted at Jan 06 04:36 PM

Since January last year, domestic debt has increased by P2.06 trillion or 40.3 percent, while foreign debt increased by P338.44 billion or 13 percent. Read more »

PH debt breaches P10-T mark in end-October

ABS-CBN News
Updated as of Dec 04 04:38 PM

The national government's total outstanding debt reached P10.03 trillion at the end of October, the Bureau of Treasury said on Friday. Read more »