The national government’s new debt pile grew to ₱2.48 trillion as of the end of October, despite a reduction in foreign borrowings, a figure at risk of expanding further due to the recent weakening of the peso. Data from the Bureau of the Treasury (BTr) showed that the government’s total...
Investors are still flocking to government debt securities despite the stock market’s recent slump, owing to the deepening probe into the flood control cases, signaling a robust local bond market. National Treasurer Sharon P. Almanza said the ongoing flood control mess has yet to make an impact...
Recurring payments from the sale of Nonoc Mining and Industrial Corp.’s assets injected more than half a billion pesos into the national coffers, pushing the government’s privatization income above ₱6 billion in the first 10 months of the year. The Nonoc Mining revenues are a “recurring...
Sluggish government expenditure, constrained by ongoing probes into public works, helped contain the 10-month budget deficit but raised concerns over the effective delivery of key economic stimulus programs. The Bureau of the Treasury reported on Wednesday, Nov. 25, that the Marcos...
A steady reliance on local lenders is driving the government’s debt, with overall borrowings growing 4.1 percent to ₱2.4 trillion in the first nine months of the year, bringing it just ₱200 billion shy of the revised ₱2.6 trillion ceiling. The Bureau of the Treasury (BTr) data showed the...
The Marcos government successfully raised ₱35 billion as planned through the sale of two government bonds, with mixed investor demand as risks tied to longer-dated securities dampened appetite while the shorter-tenored paper drew stronger interest. During the sale of the seven-year Treasury bonds...
Government subsidies to state-run firms shrank to ₱70.3 billion in the first eight months of the year, compared to ₱87 billion in the same period last year, as the Marcos administration scaled back funding for major non-financial and financial government-owned and controlled corporations...
While there was subdued demand for longer-term debt securities owing to inflation worries, the Marcos government still managed to raise ₱35 billion as planned through the sale of two government bonds. During the sale of the 10-year Treasury bonds (T-bonds) on Tuesday, Oct. 7, the Bureau of the...
The national government’s debt settlements reached ₱1.54 trillion in the first eight months of the year, a slight decline from ₱1.55 trillion a year ago, even though August saw an almost 400 percent jump in required payments. Data from the Bureau of the Treasury (BTr) showed that the 0.7...
Reversing its record high of ₱17.56 trillion in July, the national government’s outstanding debt shrank to ₱17.47 trillion in August, due to settlement of over half a trillion pesos in local bonds and stronger peso. Given this development, Finance Secretary Ralph G. Recto and National...
Both foreign and domestic borrowings of the national government swelled by double digits in the first eight months of the year, leading to a 17.2 percent increase in the Marcos administration’s gross debt to ₱2.27 trillion as of end-August. Data from the Bureau of the Treasury (BTr) showed that...
Marking the lowest amount in 2025, the national government’s planned borrowings for the final three months of the year stand at ₱437 billion, a reduction of ₱253 billion from ₱690 billion in the third quarter. Signed by National Treasurer Sharon Almanza, the Bureau of the Treasury (BTr)...
