Government debt reached P15.48 trillion in June this year due to continued borrowing and the peso's depreciation against the US dollar, data from the Bureau of the Treasury showed. The national government's outstanding debt increased by seven percent in June from P14.52 trillion in the same month...
Yields on short-term debts rose again following the damages caused by Typhoon Carina, which could lead to an inflation uptick. During an auction on Monday, July 29, the Bureau of the Treasury raised the full-programmed P20 billion. The total bids received during the auction amounted to P36 billion...
The Marcos administration increased its financial backing for the National Irrigation Administration (NIA) while scaling back support for the Philippine Health Insurance Corp. (PhilHealth) in the first half of the year. Data from the Bureau of the Treasury revealed that the national government...
Government revenues from asset sales surged in the first half of the year but well behind the target set by the Department of Finance (DOF), data from the Bureau of the Treasury showed. Between January and June 2024, the national government garnered P411.52 million through the privatization of...
The national government will use the funds from its insurance program to cover the P308.5 million damage sustained by 451 public schools due to Typhoon Carina. In a statement on Thursday, July 25, the Bureau of the Treasury (BTr) said it will file a claim under its National Indemnity Insurance...
The Bureau of the Treasury reported on Wednesday, July 24, that the national government's financing gap fell below ceiling in the first half of the year due to increased revenues. From January to June 2024, the national government recorded a budget deficit of P613.9 billion, seven percent lower...
The government successfully sold its targeted amount of Treasury bills on Monday due to strong demand from market players anticipating possible central bank policy cuts by August. According to the Bureau of the Treasury, the programmed P20 billion was fully awarded as demands totaled P47.372...
The Marcos administration was able to borrow more than planned during its auction on Monday, July 15, despite interest rates rising anew. The Bureau of the Treasury increased the size of its offering for 182-day Treasury bills (T-bills) to P9.1 billion, raising a total of P22.6 billion compared to...
The Bureau of the Treasury reported an increase in the national government’s debt payments in May this year, primarily due to larger settlements made to local and external creditors. The Marcos administration disbursed P69 billion towards its local and external financial obligations during...
The national government raised P20 billion at higher rates from the auction of Treasury bills (T-bills). At an auction on Monday, July 8, the Bureau of Treasury made a full award of the T-bills as planned as total bids reached P43.815 billion, more than twice the total offering. The Treasury made a...
The government raised its budgetary support to state-run firms by 31 percent to P9.7 billion in May, with the bulk of the subsidies intended to support the agriculture sector. Data from the Bureau of the Treasury showed subsidies to government-owned and controlled corporations (GOCCs) in May...
The national government’s debt soared in May due to the depreciation of the Philippine peso and the government's net financing during the period, the Bureau of the Treasury reported on Thursday, July 4. Data released by the treasury showed that the latest debt balance reflects a P330.39 billion,...
