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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 »

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 »

Beijing names, shames costly projects to curb debt

Frank Tang, South China Morning Post
Posted at Oct 30 10:36 AM

Beijing has named and shamed 8 local government projects in four western provinces as part of its push to rein in mounting local government debt and excessive borrowing in the property sector. 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 »

Philippines' Jan-July budget gap at P837.3 billion

ABS-CBN News
Posted at Aug 24 11:02 AM

The Philippines posted a budget deficit of P121.2 billion in July bringing the total budget gap from January to July to P837.3 billion. Read more »

Philippines books P149.9 billion budget deficit in June

ABS-CBN News
Posted at Jul 27 02:22 PM

The Philippines booked a P149.9 billion budget deficit in June as government spending again outstripped income, the Bureau of Treasury said on Tuesday. Read more »

Philippines launches benchmark-sized dollar bond offer

Reuters
Posted at Jun 28 08:41 PM

The Philippines launched on Monday a benchmark-sized US dollar bond offering, seeking to raise more funds for budgetary support in a two-tranche issue following its yen- and euro-denominated bond sales earlier this year. Read more »

Philippines' budget deficit hits P566.2 billion in May

ABS-CBN News
Posted at Jun 22 04:24 PM

The Philippines booked a P200.3-billion budget deficit for May, bringing the total deficit for the year to P566.2 billion, the Bureau of Treasury said on Tuesday.    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 »

Budget deficit widens to P321.5-B in first quarter as spending rises, revenues fall

ABS-CBN News
Posted at Apr 27 02:30 PM

The Philippines’ budget deficit widened to P321.5 billion from January to March this year, after booking a P191.4 billion shortfall last month, the Bureau of Treasury said on Tuesday.  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 »

PH budget deficit hits P14.1-B in Jan as spending rises, revenues fall

ABS-CBN News
Posted at Mar 17 04:31 PM

Treasury said government spending rose 1.18 percent during the month while revenue collection fell 11.51 percent. Read more »

Treasury sells P463 billion retail bonds in latest offer

ABS-CBN News
Posted at Mar 04 05:37 PM

The Bureau of the Treasury has sold P463.3 billion ($9.53 billion) worth of three-year Retail Treasury Bonds (RTBs), raising 411.8 billion pesos of fresh funds, National Treasurer Rosalia De Leon said on Thursday. Read more »

Palace says to 'disprove' that Philippines will lag in COVID-19 recovery

Jamaine Punzalan, ABS-CBN News
Posted at Jan 07 05:01 PM

Malacañang said on Thursday it would "disprove" a debt watcher's forecast that the Philippines would be among the last in Asia-Pacific to recover from the economic recession that the COVID-19 pandemic caused. 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 »

Emerging market government debt soars to record 59 pct of GDP: JPMorgan

Karin Strohecker, Reuters
Posted at Nov 17 09:06 AM

Debt levels of emerging market governments ballooned to record highs in 2020 and are expected to continue rising next year, JPMorgan said in a note on Monday, as policymakers battle to restart economies battered by the coronavirus pandemic. Read more »

Bangko Sentral approves P540 billion loan to National Gov’t

ABS-CBN News
Posted at Oct 01 06:20 PM

The Bangko Sentral ng Pilipinas on Thursday said the Monetary Board has approved the National Government’s request for a fresh P540 billion loan.    Read more »