Tag page - Foreign debt

Senator Risa Hontiveros on Friday, November 11, called on President Ferdinand “Bongbong” Marcos Jr. not to imitate the Duterte administration’s “over-borrowing” tendencies, saying the government should be wise in handling the public funds. “Wag sanang tularan ni President Marcos si...

Government debt inched up anew in June this year due to higher borrowings from foreign creditors. Data from the Bureau of the Treasury showed that the national government’s outstanding debt stock stood at P11.166 trillion as of June, up by P94.9 billion from P11.071 trillion in the previous...

The country’s external debt service burden was down by 17 percent end-June to $3.983 billion from $4.80 billion same time last year, data from the Bangko Sentral ng Pilipinas (BSP) showed.  Debt service burden is principal and interest payments on both the public and private sector debts...