Higher debt repayments outweighed fresh borrowings in the first four months of 2026, pulling down the national government’s (NG) debt stock to ₱18.47 trillion, even as a weaker peso increased the peso value of foreign-currency obligations. According to the latest Bureau of the Treasury (BTr)...
The government fully awarded its ₱40 billion offering of Treasury bills on Monday, as investors demanded higher yields amid mounting domestic inflation concerns and weakening currency. The Bureau of the Treasury raised the entire ₱40 billion on offer at its June 1 auction, staging a full...
After the borrowing overshoot in the first quarter, the Marcos administration stepped on the brakes in April, bringing gross debt to ₱1.13 trillion in the first four months of the year, modestly lower than the ₱1.14 trillion recorded in the same period last year. While the government...
The Philippines’ debt as a share of economic output is expected to remain elevated above 60 percent of gross domestic product (GDP) this year as the government ramps up borrowings to support its response to the national energy emergency amid the prolonged war in the Middle East. Based on the...
CALAMBA CITY, Laguna – A 57-year-old laborer was stabbed to death by two men over a P1,500 debt in Barangay Kay-Anlog, this city, on Monday afternoon. Police identified the victim as Dionisio. Investigation said that the victim went to the house of one of the suspects, Bryan, 46, to collect a...
Local government units (LGUs) are borrowing in larger amounts during the first quarter of 2026 compared to the same three-month period last year, with total financing requirements surging despite a dip in the number of LGUs needing to borrow. The latest Department of Finance-Bureau of Local...
The national government fully awarded its ₱30 billion offering of reissued five-year Treasury bonds on Tuesday, May 12, even as investors demanded higher yields amid persistent inflationary pressures and weakening local currency. The Bureau of the Treasury opted for a full award of the Series...
The Marcos Jr. administration fell short of its planned borrowing of up to ₱39 billion on Monday, May 11, as demand for short-dated debt papers remained weak and interest rates continued to climb following the Bangko Sentral ng Pilipinas’ (BSP) policy hike. During the latest treasury bills...
A massive surge in principal payments during the first quarter of 2026 drove the national government’s (NG) total debt service payments to ₱737.4 billion, more than doubling the ₱342 billion recorded in the same period last year. The latest Bureau of the Treasury (BTr) data showed that the...
President Marcos’ chief economic manager brushed off concerns over the country’s fiscal position, assuring markets that the government remains financially stable and still has room to borrow further if needed to cushion the economy from energy shocks. This comes against the backdrop of...
In an apparent swipe at the current administration, Vice President Sara Duterte criticized leaders who are heavily affected by public criticism, saying officials who react strongly to ordinary citizens are “sensitive, insecure, and afraid,” while also blaming poor governance for rising...
Public debt in the Philippines moved closer to the 60-percent level at the end of the first quarter of 2026, as the government continued to ramp up borrowings while the private sector remained cautious amid risks stemming from the war in the Middle East. The latest Global Debt Monitor of the...
