Tag page - debt to gdp

The World Bank said the Philippine government’s debt load remains manageable despite recent acceleration amid the prolonged pandemic. Even it has ballooned, Kevin Chua, World Bank senior economist noted that the government’s debts are mostly held by Filipino creditors, long-dated IOUs and...

The government debt as a proportion of the country’s economy inched up further in the first-quarter, supporting views that the administration of presumptive president Ferdinand R. Marcos Jr. will face a serious debt problem. The outstanding liabilities of the national government reached P12.679...

The national government incurred more loans in January, bringing its debt above the P12-trillion mark for the first time, as the Philippines bogged down by prolonged Covid-19 pandemic. The Bureau of Treasury reported on Friday, March 4, that the government’s outstanding debt stood at P12.03...