The International Monetary Fund (IMF) urged the Philippines to exercise fiscal discipline and prioritize targeted spending as the country’s debt ratio is projected to breach a critical threshold this year amid volatile global energy markets. The Washington-based lender expects the general...
Delays in implementing major tax measures have proven to be a friction in the Philippines’ target of raising higher revenues in recent years, a fiscal condition further worsened by the persistent increase in national government (NG) debt. According to Singapore-based ASEAN+3 Macroeconomic...
The government exceeded its short-term borrowing target on Monday, April 13, as investors swarmed the primary market, driving down yields across all maturities and ending a month-long streak of underwhelming auctions. The Bureau of the Treasury raised ₱32.1 billion in three-month, six-month, and...
Scaling back from foreign debt was more pronounced in February, but the Marcos Jr. administration’s aggressive borrowing from domestic lenders drove the surge in government gross borrowings in the first two months of the year. According to the latest Bureau of the Treasury (BTr) data, the...
The Marcos administration scaled back its planned borrowing on Tuesday, April 7, as domestic investors showed cooling appetite for longer-dated debt, signaling caution amid shifting global risks. The Bureau of the Treasury raised ₱40 billion through a dual-tranche bond auction, falling short of...
Demand for government securities (GS) improved at the start of the second quarter, but the Marcos Jr. administration still struggled to raise its planned ₱27 billion in short-term debt papers, as overall interest costs remained elevated amid anticipation of a policy hike in April. During the...
While the national government’s (NG) debt pile hit another historic high of ₱18.16 trillion as of end-February, the Marcos Jr. administration said this still underscores the government’s well-managed debt position amid global instability. The latest data from the Bureau of the Treasury (BTr)...
The national government nearly doubled its gross borrowings to ₱408.2 billion in January as the Marcos administration front-loaded its financing requirements to take advantage of favorable market conditions. According to the latest data from the Bureau of the Treasury (BTr), gross borrowings...
Higher interest and principal payments drove the national government’s (NG) total debt payments in the first month of 2026, which surged by 29.3 percent to ₱137.7 billion from ₱106.5 billion in January last year Data from the Bureau of the Treasury (BTr) indicate that this double-digit...
A farmers’ group on Sunday, March 29, warned of a looming food crisis as rising fuel prices push Filipino farmers and fisherfolk deeper into debt and drive up production costs. As tensions in the Middle East continue to trigger oil price shocks, the Kilusang Magbubukid ng Pilipinas (KMP) said...
Below-target borrowings could persist due to war-shocked yields, a strategy the Marcos Jr. administration appears to have applied as it enters the second quarter of 2026, with planned domestic borrowings dropping from ₱824 billion in the first quarter to ₱784 billion. In a March 23 memorandum...
BACOLOD CITY – A 17-year-old student was gunned down allegedly due to an unpaid debt in Barangay Refugio, Calatrava, Negros Occidental on Thursday, Feb. 5. Police initially received a report over a vehicular accident but later found out it was a shooting incident. Investigation said the victim...
