SCUTTLEBUTT
Our foreign debt is rising again despite the commitment of the economic managers that the government will rely on domestic sources to prevent uncertainties in…
· 2 min read
Daily TribuneTopic
Our foreign debt is rising again despite the commitment of the economic managers that the government will rely on domestic sources to prevent uncertainties in…
· 2 min read
Bangko Sentral ng Pilipinas data showed the country’s BoP with a $2.6-billion deficit in April to June, reversing the $1.2-billion surplus recorded in the same…
· 2 min read
The lesson that we are learning is that globalization means consuming the good (treasures) and the bad (junk) alike.
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BSP said preliminary data showed that the wider trade in goods deficit continued to weigh heavily on the country’s external accounts.
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Philippine exports declined this June 2025 to $7.021 million from $7.314 billion in May 2025, however, 26.1 percent higher compared to the $5.568 billion in…
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Cebu City Mayor Nestor Archival revealed yesterday that the city government was facing a projected budget deficit of P2 billion to P3 billion.
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The fiscal gap in the first five months grew 29.41 percent to P523.9 billion, which the Bureau of Treasury (BTr) attributed to continued infrastructure…
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The country posted a $3-billion deficit in global financial transactions, or balance of payments (BoP), in the first quarter of this year, reversing from a…
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The national government reported a budget deficit of P411.5 billion for the year until April, nearly 79 percent higher than the deficit posted in the same…
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Based on government data, the cumulative budget balance stood at a deficit of P411.5 billion for the first four months, due to a 13.57-percent increase in…
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April surplus masks deeper fiscal woes as year-to-date deficit balloons under Marcos Jr. administration
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House passes Trump’s sweeping tax cut and spending bill by a single vote, amid fierce backlash over health care cuts and rising debt
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‘The deficit reflected the government’s drawdowns on its foreign currency deposits with the BSP to meet its external debt obligations, as well as the BSP’s net…
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The Philippines, a nation where rice is a dietary staple, is confronting a significant challenge: domestic rice consumption is projected to continue outpacing…
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The country posted a $4.1 billion deficit in global financial transactions, or balance of payments, in January, the highest in 11 years, data from the Bangko…
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The strong dollar and debt servicing pushed the country's overall balance of payments to record a $2.3 billion deficit in September, higher than the $412…
· 1 min read