The national government’s outstanding debt is projected to breach the ₱21-trillion mark for the first time, hitting a record ₱21.48 trillion by the end of 2027 as the Marcos administration ramps up borrowing to fund infrastructure projects and development programs. According to medium-term...
Domestic principal payments continued to dominate national government debt settlements in the first half of the year, driving total debt servicing up by three-fifths to ₱1.23 trillion. According to the latest Bureau of the Treasury data, total debt payments from January to June surged 59.7...
President Marcos retains ample fiscal room to expand government borrowing to support infrastructure and development programs, according to his chief economic manager, brushing off concerns over sovereign debt that has climbed to its highest level relative to economic output in more than two...
The national government’s outstanding debt breached the ₱19-trillion mark for the first time, surpassing its full-year fiscal target six months ahead of schedule following a sharp acceleration in local and foreign borrowing. The Bureau of the Treasury reported on Thursday, July 30, that total...
Sachzna Laparan says she will not file a complaint against former boyfriend Mark Pascual over the alleged ₱50 million debt involving her and her family. However, the content creator continues to discuss the issue in interviews and on social media, explaining her side of the breakup and what...
The Philippines has topped the global rankings in investor relations and debt transparency among 57 emerging markets, overtaking last year’s leader, Indonesia, according to the Washington-based Institute of International Finance (IIF). In its July 2026 Investor Relations and Debt Transparency...
Domestic principal payments continued to dominate the national government’s (NG) debt settlements through the first five months of 2026, raising total debt servicing by more than three-fifths to ₱1.15 trillion. The latest Bureau of the Treasury (BTr) data showed that the NG’s total debt...
The national government’s outstanding debt climbed to a fresh record of ₱18.55 trillion in the first five months of the year, driven by the aggressive domestic borrowing campaign that outpaced repayments and tested the country’s fiscal limits amid global market volatility. According to the...
After the borrowing overshoot in the first quarter, the Marcos administration continued stepping on the brakes in the months that followed until May, bringing gross debt to ₱1.24 trillion in the first five months of 2026, lower than the ₱1.33 trillion recorded in the same period last year....
The Philippines’ outstanding external debt fell to a one-year low at the end of March as international lenders pulled back amid tighter global financing conditions and shifting investor sentiment. Data from the Bangko Sentral ng Pilipinas (BSP) showed that total foreign obligations decreased by...
The Washington-based International Monetary Fund (IMF) said it stands ready to deploy support to the Philippines should it request assistance during the ongoing Middle East war, assuring close engagement with local authorities through surveillance and policy advice. This remained the IMF’s...
The World Bank Group (WBG) has lowered its 2026 growth forecast for the Philippines to 3.7 percent, warning that the ongoing war in the Middle East is weighing heavily on energy-importing economies and threatening to push global growth to its weakest pace since the onset of the Covid-19 pandemic....
