
Philippine reserves fall to four-year low of $97.4 billion
The country’s gross international reserves (GIR) fell to $97.4 billion at the end of October from $99.5 billion in September, reaching their lowest level in…
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Latest Daily Tribune news and analysis on Philippine national debt.

The country’s gross international reserves (GIR) fell to $97.4 billion at the end of October from $99.5 billion in September, reaching their lowest level in…
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Manila Southwoods will offer free admission, spectator parking and air-conditioned shuttle services for fans attending the 108th Philippine Open, a $1-million…
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The next occupant of the Palace will spend years paying for choices made now.
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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 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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Dour economic outlook, coupled with Phl’s outstanding debt soaring to a record P17.71 trillion soured market sentiment while the peso dipped amid mild…
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Philippine government debt hits a record P17.71 trillion at the end of 2025, driven by domestic and foreign borrowings, peso depreciation, and budget deficits…
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Debt service receives the ‘first cut’ of the budget, as it is funded first from available revenues, before allocations to agencies for programs such as…
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Philippine external debt rises 6.8% year-on-year to $149.09 billion as of September 2025, BSP says, while debt remains manageable with strong reserves, low…
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‘It’s manageable if you have a steady job, a low interest rate on the debt, and can keep earning more money over time.’
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The national debt translates to each of the 112.6 million Filipinos owing P147,653 to banks and other financial institutions.
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The Philippines’ national debt rose slightly to ₱16.75 trillion in April, driven by domestic borrowing and a stronger peso, as Fitch maintains the country’s…
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