Tag page - Debt Obligation

Department of Finance (DOF) Secretary Ralph Recto (House of Representatives’ Facebook page) Department of Finance (DOF) Secretary Ralph Recto assured members of a House of Representatives panel that the Marcos administration is managing the country’s debt according to the “highest standards...

As it continues to traverse rough financial terrain on its operations, Uy-led Phoenix Petroleum Philippines Inc. indicated that it will be pursuing a sale-and-lease back arrangement for its assets with Sy-controlled BDO, which has been its long term go-to bank for credit line. According to Phoenix...

The national government’s debt declined last month due to repayments and favorable foreign exchange, the Bureau of the Treasury reported on Wednesday, Dec. 29. The total outstanding debt of the government slightly went down by P39.7 billion or 0.3 percent to P11.931 trillion in November from...