The Philippine Health Insurance Corporation (PhilHealth) said it is targeting up to ₱400 billion in health benefit coverage in 2026 as it expands services nationwide, following the return of ₱60 billion in government funds. PhilHealth President and Chief Executive Officer Edwin Mercado said the...
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...
The Philippine Health Insurance Corporation (PhilHealth) said P60 billion has been returned to the state health insurer from the National Treasury, months after the transfer of the agency’s excess funds triggered controversy and legal challenges. In a statement released on Wednesday, May 6,...
The government’s outstanding debt surged to a fresh record high of ₱18.49 trillion at the end of March as weakening peso inflated the cost of foreign obligations and local borrowing continued, according to the Bureau of the Treasury data. The debt stock increased by ₱328.4 billion, or 1.8...
The Marcos Jr. administration fell short of its planned ₱31-billion borrowing on Monday, May 4, as demand dropped significantly for short-dated debt papers amid rising interest rates following the Bangko Sentral ng Pilipinas (BSP) policy hike. The Bureau of the Treasury (BTr) raised only ₱28.1...
The Marcos administration’s gross borrowings surged past the ₱1 trillion threshold in the first quarter as the government aggressively front-loaded its financing requirements to get ahead of rising market volatility. According to the latest data from the Bureau of the Treasury, President...
Rising uncertainties fueled by the United States-Iran conflict dampened lender demand on Tuesday, April 28, causing the Marcos administration to fall short of its ₱40 billion borrowing target for short-dated government securities. The Bureau of the Treasury raised only ₱25 billion, leaving a...
The Marcos Jr. administration still exceeded its planned ₱30-billion borrowing on Monday, April 27,, even as demand softened for short-dated debt papers amid expectations of higher borrowing costs following the benchmark rate increase to 4.5 percent last week. The Bureau of the Treasury (BTr)...
Double-digit revenue growth, coupled with slower spending, allowed the Marcos administration to narrow the first-quarter fiscal hole by a fifth to ₱355.5 billion. According to the latest data from the Bureau of the Treasury (BTr), the national government’s (NG) budget deficit for the first...
The Philippines is poised to capture a multibillion-peso windfall following the historic decision by JPMorgan Chase & Co. to include the country’s sovereign debt in its flagship emerging-market bond index. The Philippine government estimated that the inclusion would spark approximately ₱240...
