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...
Recurring payments from the sale of Nonoc Mining and Industrial Corp.’s assets injected more than ₱600 million into the national coffers in April, marking the highest single-month collection in the 11 months since May 2025. According to the latest data from the Bureau of the Treasury (BTr), the...
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...
Ombudsman Jesus Crispin “Boying” Remulla on Tuesday, May 26, said the Office of the Ombudsman (OMB) is preparing what he described as the “grandest case of them all” against former House Speaker Martin Romualdez in connection with an alleged conspiracy involving the national budget. During...
The national government’s (NG) usual April budget surplus shrank by more than half this year after the annual income tax returns (AITRs) filing and payment deadline was extended by one month due to the national energy emergency, although revenues were partly supported by millions of pesos in...
State-run Maharlika Investment Corp. (MIC), which manages the country’s first sovereign wealth fund (SWF), grew its total comprehensive income by 2.3 percent to ₱2.74 billion last year from ₱2.68 billion in 2024 as business income rose despite higher expenses. Based on MIC’s latest...
Domestic lenders sought higher yields due to political uncertainty, such that the government fell short of its planned up to ₱33-billion borrowing from short-dated debt paper on Monday, May 18. The Bureau of the Treasury (BTr) raised just ₱25.4 billion during its latest treasury bills...
The national government increased subsidies to state-run corporations by nearly a fifth in the first quarter of the year, driven by aggressive funding injections for energy modernization and agricultural support. According to the latest data from the Bureau of the Treasury, total financial...
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...
