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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 »

Duterte administration is borrowing responsibly

Undersecretary Mark Dennis Joven, Department of Finance
Updated as of Nov 07 01:24 PM

Even with the spike in borrowings, the Philippines is confident that it will weather the effects of the COVID-19 pandemic with its financial capacity to repay its loans Read more »

Loans for COVID-19 response reach P392.94 billion

ABS-CBN Investigative and Research Group
Posted at Sep 03 06:22 PM

The running total will be paid from 2023–2049, with an average repayment period of 15 years for each loan, based on the amortization schedules indicated in the loan agreement documents available on the DOF website as of Aug. 5. Read more »

PH debt hits P9.16 trillion in July, as gov't borrowings continue to rise

ABS-CBN News
Posted at Sep 02 10:10 PM

This was higher by P1.36 trillion or 17.4 percent compared to the same month last year, and P1.43 trillion or 18.5 percent higher than at the end of December 2019. Read more »

Bangko Sentral says PH foreign debt remains manageable

ABS-CBN News
Posted at Aug 13 05:49 PM

The Bangko Sentral ng Pilipinas said the country’s external debt remains manageable despite the increase in borrowings this year to finance the Philippines’ COVID-19 response.    Read more »

Philippine debt breaches P9 trillion in June as gov’t borrowings rise due to virus response

ABS-CBN News
Posted at Jul 29 02:30 PM

The Bureau of Treasury said the total Philippine debt stood at P9.054 trillion at the end of June, which was 16.9 percent higher than the debt stock in the same month last year.    Read more »

Philippines' debt rises to P8.6 trillion in April

ABS-CBN News
Posted at Jun 03 05:52 PM

This was 10.4 percent higher than the P7.787 trillion debt posted in April 2019, and 1.5 percent higher than the P8.477 trillion posted in March.   Read more »

Top creditors to suspend poorest countries' debt payments, France says

Leigh Thomas, Reuters
Posted at Apr 14 11:23 PM

PARIS - Major international creditors have agreed to suspend debt payments owed by the poorest countries this year, throwing a financial lifeline to help cope with the coronavirus crisis, France's finance minister said on Tuesday.   Read more »

How bad is China's debt? A city hospital is asking nurses for loans

Alexandra Stevenson and Cao Li, The New York Times
Posted at Nov 11 01:16 PM

Ruzhou, a city of 1 million people in central China, urgently needed a new hospital, their bosses said. To pay for it, administrators were asking health care workers for loans. If employees didn’t have the money, they were pointed to banks where they could borrow it and then turn it over to the hospital. Read more »

China seeks to allay Belt and Road debt concerns

Kevin Yao, Reuters
Posted at Apr 25 12:18 PM

The policy championed by Chinese President Xi Jinping has become mired in controversy, with some partner nations bemoaning the high cost of projects, though China has repeatedly said it is not seeking to trap anyone with debt. Read more »

OPINYON: Karagdagang kaalaman sa larangan ng sports at pagbubuwis

Buddy Gomez -- Cyberbuddy
Updated as of Aug 04 01:40 AM

Nabalitang si Cristiano Ronaldo ay naparusahan ng multa sa halagang US$3.7 milyong dahil may pagkakamali siya sa kanyang isinumeteng “income tax returns.” Agad-agad namang ito ay inamin at nagbayad si Ronaldo. Tapos ang kuwento! Read more »