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treasury

Government will borrow P1.6 trillion in addition to 2023 budget

National Government debt reaches P11T as of end-April 2021 – Treasury

by Margret Fermin

The National Government’s (NG) total outstanding debt stood at P10,991.32 billion as of end-April 2021. For the month, the NG’s total debt portfolio increased by P217.49 billion or 2.0% from …

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Gov't debt payments increase in September

Gov’t debt payments increase in September

by Margret Fermin

The national government’s debt payments increased in September after the Duterte administration paid its loan from Bangko Sentral ng Pilipinas (BSP), used for the country’s COVID-19 response. According to the …

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Government borrowings hit P2 trillion in August

Government borrowings hit P2 trillion in August

by Margret Fermin

The national government borrowings hit the P2 trillion mark as of August 2020 as the administration continues to source funds for its fight against the COVID-19 pandemic. According to the …

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