
Debt, deficits, scandals beset people’s money
Around 40 percent of the P7.2-trillion budget is already committed to automatic obligations like the National Tax Allotment and debt interest payments.
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Latest Daily Tribune news and analysis on debt refinancing.

Around 40 percent of the P7.2-trillion budget is already committed to automatic obligations like the National Tax Allotment and debt interest payments.
· 3 MIN READ

The Philippines’ outstanding external debt rose 5.1 percent quarter-on-quarter to $154.93 billion in the second quarter from $147.35 billion in the first three…
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The next occupant of the Palace will spend years paying for choices made now.
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The Philippine government says revenues remain sufficient to service its rising public debt as tax reforms seek to strengthen revenue collection and economic…
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Malacañang says the Philippines can meet its record P19.39-trillion debt, citing long-term repayment terms, sufficient revenues, and tax reforms like the…
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Marcos inherited that P12.79 trillion. By July 2026, it had reached P19.39 trillion. The difference: P6.60 trillion.
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The People’s Budget Coalition raises red flags over the proposed 2027 national budget, citing rising debt payments, lower social service allocations and…
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More than a third of every peso collected from every Filipino taxpayer goes not to a classroom or a hospital but to a bondholder.
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A large cash infusion may ease debt pressures, but financial resources alone cannot restore a weakened media franchise. Sustainable recovery depends on…
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The Alliance of Concerned Teachers (ACT) criticized the Philippines’ record P19.07-trillion national debt, saying teachers and workers continue to bear the…
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The national government's outstanding debt climbed to a record P19.07 trillion as of end-June, up P518.98 billion, or 2.8 percent, from P18.55 trillion a month…
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The Philippines’ external debt remains sustainable despite rising to $147.35 billion in the first quarter of 2026, with the BSP citing long-term maturities,…
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The Philippines’ national government debt reached a record P18.55 trillion in May, driven by increased domestic borrowing, while a stronger peso helped ease…
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Manila Mayor Isko Moreno Domagoso reports major fiscal recovery efforts, including reduced city debt, improved budget management, and ongoing infrastructure…
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The BSP attributed the quarter-on-quarter decline in external debt mainly to lower non-resident holdings of Philippine debt securities amid cautious investor…
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The Philippines’ external debt eased to $147.35 billion in Q1 2026, with the debt-to-GDP ratio improving to 30% and short-term obligations declining. Despite…
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Philippine conglomerates face roughly P1.6 trillion — about $26 billion — in debt obligations maturing between 2027 and 2029.
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