Debt payments of the national government ballooned in September after the Duterte administration repaid the bridge loan extended by the Bangko Sentral ng Pilipinas (BSP) for the coronavirus response. Data from the Bureau of the Treasury showed the government’s total debt servicing soared by 664...
The country’s external debt service burden was down 15.77 percent to $4.406 billion as of end-July from $5.231 billion same time last year, based on data from the Bangko Sentral ng Pilipinas (BSP). Debt service burden is principal and interest payments on both the public and private sector...
The National Government (NG) incurred an outstanding total debt of P9.369 trillion as of end-September, more than 18.5 percent or P1.46 trillion from same period last year of P7.907 trillion, according to data from the Bureau of the Treasury (BTr). Compared to end-August, the NG debt was down...
The national government’s debt soared by nearly half-a-trillion pesos last month amid the Duterte administration’s aggressive borrowings to fund the country’s coronavirus response, data from the Bureau of the Treasury showed. The outstanding debt of the national government stood at...
The Bureau of the Treasury is planning to borrow P140 billion from the domestic market in October this year. According to an online advisory posted today, the Treasury indicated that the national government will sell P80 billion worth of Treasury bills (T-bills) and P60 billion in Treasury bonds...
The Duterte administration has so far borrowed close to $10 billion to fund the national government’s coronavirus response, the Department of Finance (DOF) said. In a statement, Finance Secretary Carlos G. Dominguez III said the national government’s financing support for COVID-19 from...
The Bangko Sentral ng Pilipinas (BSP) remains confident that the country’s external debt numbers and ratios are still at prudent and at comfortable levels despite more borrowings in the past seven months for the COVID-19 pandemic war chest. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E....
The country’s external debt service burden was down by 17 percent end-June to $3.983 billion from $4.80 billion same time last year, data from the Bangko Sentral ng Pilipinas (BSP) showed. Debt service burden is principal and interest payments on both the public and private sector debts...
The Bangko Sentral ng Pilipinas (BSP) said that as of end-June this year, the Philippines’ outstanding external debt was higher at $87.453 billion, up by 7.6 percent or $6.2 billion from same time last year of $81.259 billion, as the government borrowed more to finance anti-COVID-19 pandemic...
