philippine-debt | ABS-CBN News

Marcos Jr. says rising PH debt level needs to be addressed

ABS-CBN News
Posted at Jan 20 11:54 PM

President Ferdinand Marcos Jr admits the country's rising debt level is a problem that needs to be addressed. Read more »

Philippine sovereign debt at P13.64 trillion in November

ABS-CBN News
Posted at Jan 03 11:31 AM

The national government's total outstanding debt reached P13.64 trillion as of the end of November, slightly higher than the previous month. 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 »

[OPINION] Goodbye, Mr. Bond

Dean dela Paz
Posted at Aug 18 06:33 PM

Many now mull the wisdom of issuing bonds while some simply say goodbye to bonds as principal forms of funding where bloated rates threaten corporate viabilities even as they benefit institutional investors and creditors. 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 debt slightly declines to P12.50 trillion in May

ABS-CBN News
Posted at Jul 01 11:04 AM

The Philippines' total national government outstanding debt settled at P12.50 trillion as of the end of May, the Bureau of Treasury said Friday. Read more »

ADB approves $400-million loan for Philippines

John Gabriel Agcaoili, ABS-CBN News
Posted at May 31 04:28 AM

The newly approved loan will help the Philippines to form ‘an enabling environment’ that will attract long-term investors, the ADB said. Read more »

Diokno says PH can outgrow P12.68 trillion debt

ABS-CBN News
Posted at May 28 12:29 AM

The incoming Philippine finance secretary is confident of the country's ability to outgrow its outstanding debt and significantly bring down poverty. 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 »

E-sabong, digital sales tax can help pay PH debt: solon

ABS-CBN News
Posted at May 20 10:46 AM

House Committee on Ways and Means Chairman Joey Salceda enumerated ways on how the Philippines could raise new revenues to pay for its COVID debt. Read more »

PH debt-to-GDP ratio balloons to 63.5 pct in March

ABS-CBN News
Updated as of May 13 10:06 AM

The Philippines' debt-to-GDP ratio ballooned to 63.5 percent in March from 60.4 percent in December, government data showed. Read more »

PH debt hits P12.68 trillion by end March 2022

ABS-CBN News
Updated as of May 05 02:23 PM

The Philippines' sovereign debt hit P12.68 trillion at the end of March 2022, the Bureau of Treasury said Thursday. Read more »

PH has ‘limited fiscal space’ as debt rises: ADB

Warren de Guzman, ABS-CBN News
Updated as of Feb 23 03:58 PM

The ADB study said the Philippines was one of several countries that have a limited capacity to take on unforeseen expenditures in a sound manner. Read more »

Philippine debt hits P11.73 trillion in 2021

ABS-CBN News
Updated as of Feb 01 06:08 PM

The Philippines' debt hit P11.73 trillion, pushing the debt-to-GDP ratio slightly higher for the year, data from the Bureau of Treasury released Tuesday showed. 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 »

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 »

Robredo: Funds borrowed by PH must be used properly

ABS-CBN News
Posted at Nov 05 09:20 PM

Presidential aspirant Leni Robredo on Friday said money borrowed by the government from lenders must be used properly amid the COVID-19 pandemic. Read more »

Philippine debt hits P11.64 trillion in August

Jessica Fenol, ABS-CBN News
Posted at Sep 30 01:52 PM

The Philippines' debt further climbed after hitting P11.64 trillion by the end of August, the Bureau of Treasury said Thursday. 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 »

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 »