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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 »

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 »

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 »

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 »

Bangko Sentral says GIR level hit $107.25 billion in April

ABS-CBN News
Updated as of May 14 03:58 PM

The Philippines' gross international reserves (GIR) level reached $107.25 billion as of the end of April, the Bangko Sentral ng Pilipinas said Friday. 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 »

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 »

National govt debt hits P10.3 trillion at end January

ABS-CBN News
Posted at Mar 03 01:34 PM

The Philippine government's total debt hit P10.3 trillion at the end of January this year, up 5.4 percent increment compared to the end of December last year, the Bureau of Treasury said.  Read more »

Philippines plans $23.7 billion or P1.14 trillion fund-raising for budget, infra

Reuters
Posted at Feb 08 01:48 PM

The Philippines aims to raise $23.71 billion, or around P1.14 trillion, from external sources to bridge a planned budget deficit and fund priority projects this year, including $5.5 billion from the commercial markets, the Department of Finance said on Sunday.   Read more »

Finance chief assures enough funds for COVID-19 vaccines

ABS-CBN News
Posted at Jan 14 01:24 PM

Finance Secretary Carlos Dominguez III said the DOF has “in place” P75 billion of the P82.5 billion budget required to provide vaccines to around 55 percent of the population. Read more »

Debt, budget deficit levels rising but remain manageable: Finance chief

ABS-CBN News
Posted at Jan 12 06:10 PM

The Philippines’ rising debt and budget deficit levels remain manageable and sustainable, the Department of Finance said on Tuesday.    Read more »

World Bank sees more countries in 'deep debt distress' this year

Reuters
Updated as of Jan 06 10:57 AM

Chad and several other countries are already in deep debt distress and more will join their ranks this year, given the severity of the global recession triggered by the COVID-19 pandemic, World Bank Group President David Malpass said. 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 »

No to new taxes, sell off state-owned assets to cover revenue shortfall: Dominguez

ABS-CBN News
Updated as of Nov 02 03:43 PM

Dominguez said the government will instead borrow money from commercial sources, even from the Bangko Sentral ng Pilipinas.   Read more »

The Duterte administration's borrowing spree

Sonny Africa, IBON Foundation
Updated as of Nov 06 05:51 PM

The administration likes to give the impression that debt is growing because of its COVID-19 response efforts – but the numbers don’t add up. Read more »

PH debt may reach P13.6 trillion in 2022: lawmaker

Zandro Ochona, ABS-CBN News
Posted at Sep 28 09:43 PM

MANILA - The Philippines' national debt could reach more than P13 trillion in 2022, a lawmaker said Monday. Read more »

Duterte's P4.5-B intelligence funds 'too much,' says Lacson

ABS-CBN News
Posted at Sep 11 11:45 AM

Sen. Panfilo Lacson said Friday he would question President Rodrigo Duterte's billion-peso confidential intelligence funds that were "a bit too much."   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 »