Debt payments by the Philippine government breached the P1 trillion threshold in the first four-months of the year due to higher interest settlements. Data from the Bureau of the Treasury showed that the national government's debt servicing reached P1.15 trillion in January to April, or 32 percent...
Debt payments made by the government decreased in February due to lower principal payments made to domestic creditors, data from the Bureau of the Treasury showed. The national government's debt servicing reached P293.61 billion last February, 22 percent lower than the P375.71 billion paid out in...
Marikina City 2nd district congresswoman and appropriations panel senior vice chairperson Stella Quimbo doesn't sound worried at all about the country's debt servicing chores. Marikina City 2nd district Rep. Stella Quimbo (Ellson Quismorio/ MANILA BULLETIN) This, even as the Philippines has...
Debt payments by the Philippine government breached the P1-trillion mark last year amid heightened borrowings during the prolonged pandemic, data from the Bureau of the Treasury showed. From January to December 2021, the national government’s debt servicing amounted to P1.204 trillion, an...
Debt servicing by the Philippine government jumped 203 percent in November due to higher interest and principal payments, data from the Bureau of the Treasury revealed. The national government's debt payments hit P81.34 billion in November last year, that is 203 percent more than the P26.79 billion...
Debt payments by the Philippine government were nearing the P1 trillion mark in the first nine-months of the year due to higher interest and principal settlements. Data from the Bureau of the Treasury showed that the national government's debt servicing reached P963.86 billion in January to...
Opposition Rep. Ferdinand Gaite (Bayan Muna Partylist) on Tuesday, Nov. 2 called on the Duterte administration to repeal the automatic debt servicing law that the late former President Ferdinand E. Marcos has decreed. Rep. Ferdinand Gaite-Bayan Muna Gaite said government should realize that...
Debt payments by the Philippine government declined significantly in August due to lower principal payments to domestic creditor, data from the Bureau of the Treasury showed. The national government's debt servicing reached P75.08 billion last August, 51 percent lower than the P152.39 billion paid...
