The national government's debt service increased by more than half in November of last year as payments for interest and amortization soared. Data from the Bureau of the Treasury showed that the government’s debt payments reached P193.7 billion in November, a 65 percent increase compared to...
Peso depreciation against the US dollar, alongside net financing activities, further pushed the national government’s debt, which had recently breached the P16-trillion mark. Data from the Bureau of the Treasury (BTr), revealed that the government’s total outstanding debt stood at...
Expectations of further policy easing by the Bangko Sentral ng Pilipinas (BSP) took center stage in the first Bureau of the Treasury auction of the year, as investors snapped up government debt and pushed yields lower across the board. At Monday's auction, January 6, the Treasury bureau...
Despite a year-long trend of declining government support, state-owned corporations, particularly major non-financial institutions, received a substantial boost in subsidies in November last year Data from the Bureau of the Treasury (BTr) showed that state subsidies to government-owned and...
The national government substantially reduced its reliance on borrowing in November, cutting its total by nearly half compared to the same period last year, due to lower domestic borrowing. Based on the latest Bureau of the Treasury report, total gross borrowings in November 2024 plunged 48 percent...
Government revenues raised from privatization of idle assets jumped 359.1 percent to P3.28 billion during the first 11 months of 2024, the latest Bureau of the Treasury (BTr) data on Dec. 26, Thursday, showed. End-November privatization proceeds not only exceeded the P715.02 million a year ago but...
The Marcos administration’s budget deficit ballooned in November due to the contraction in government revenues and a substantial increase in public spending. The Bureau of the Treasury reported on Thursday, Dec. 26, that the government’s budget deficit more than doubled in November, surging to...
The national government has nearly tripled its planned borrowings for the first quarter of 2025 as it seeks to secure funding ahead of the 2025 midterm elections and mitigate risks from rising borrowing costs and market volatility. In a memorandum released on Monday, Dec. 23, the Bureau of the...
The national government debt breached the P16-trillion mark due to peso depreciation against the US dollar, the Bureau of the Treasury reported. The government's total outstanding debt stood at P16.02 trillion as of end-October 2024, a 0.8 percent or P126.95 billion increase from the end-September...
Yields on shorter-dated government IOUs mostly edged higher for the ninth consecutive week, driven by expectations of rising inflation and a strong US dollar. The Bureau of the Treasury successfully raised P15 billion from its latest Tresury-bill auction that attracted P57.0 billion in...
The Marcos administration borrowed more from local and foreign sources in the first 10 months of the year to bridge the government's budget deficit. Data from the Bureau of the Treasury showed that the national government's gross financing rose by 23 percent from January to October 2024 to P2.429...
The Marcos administration posted a fiscal surplus of P6.3 billion in October, driven by increased revenue collection and slower growth in government spending, the Bureau of the Treasury reported. In a statement, the Treasury said the rare budget surplus marked a turnaround from the P34.4 billion...
