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...
The national government’s outstanding debt reached ₱16.92 trillion in May, setting a new record high as it neared the ₱17-trillion mark, from ₱16.75 trillion at end-April. According to the latest data reported by the Bureau of the Treasury (BTr), the one-percent, or ₱166.2-billion,...
The Philippines has a "low" sovereign debt risk despite its ballooning obligations, but think tank Capital Economics cautioned that emerging markets (EMs) with better managed public finances should not rest on their laurels amid lingering fiscal strains. In a June 12 report authored by Capital...
The Marcos Jr. administration 's chief economic manager has allayed concerns about the rising public debt level, claiming that the national government maintains prudent fiscal management. Asked on Tuesday, June 3, if there 's anything to worry about regarding debt accumulation, especially...