News Articles on {?keyword?} | ABS-CBN News

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 »

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 »

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 »

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 »

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 »

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 »

Philippines borrows 50-B yen from Japan for disaster management, COVID-19 response

Willard Cheng, ABS-CBN News
Posted at Sep 15 02:50 PM

The Philippines is borrowing 50 billion yen (around $470 million or P22.9 billion) from Japan to fund disaster management and respond to the COVID-19 crisis, the Department of Foreign Affairs said on Tuesday.  Read more »

Philippines has economic 'firepower' to fight coronavirus, says IMF

ABS-CBN News
Updated as of Mar 26 11:31 AM

The Philippines has the economic "firepower" to fight the coronavirus pandemic and can draw from the International Monetary Fund's emergency financing, the Washington-based lender said Thursday. Read more »

S&P further cuts growth forecast for Philippines

ABS-CBN News
Updated as of Jun 27 04:54 PM

The Philippines is now seen growing at 6.1 percent this year, down from the previous estimate of 6.4 percent back in April. Read more »