Increased spending pushed 10-month budget deficit to P1.1T
The government’s budget deficit increased 54 percent in October to P99.1 billion from P64.3 billion a year ago as the ...
Read moreTag: Bureau of Treasury
PH debt hits a record P13.52T mainly to fund budget deficit
The country’s total outstanding debt ballooned to a record P13.52 trillion as of end-September 2022 from P13.02 trillion at the ...
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Gov’t issues $2-b global bonds to augment budget
The government on Thursday returned to the international capital markets for the third time this year with the issuance of ...
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Gov’t debt breached P11-t level in May, says Treasury
Government debt reached P11.07 trillion as of end-May this year, mostly from domestic borrowings, data from the Treasury show. The ...
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Budget deficit widened 273% to P321b in 1st three months
The government incurred a budget deficit of P191.4 billion in March, or 167 percent higher than the P71.6-billion shortfall a ...
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National gov’t debt increased by 22% to hit P10.4 trillion as of end-February
Outstanding government debt jumped P2.24 trillion or 22 percent over the past 12 months to reach a record P10.405 trillion ...
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Poe urges BIR, DOF to put act together
Senator Grace Poe has called out the Executive department for its lack of cooperation on its own priority bill, the ...
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Budget deficit rose to P700b in first seven months – DOF
The government incurred a budget deficit of P140.2 billion in July, up by 86.21 percent from the P75.3-billion shortfall a ...
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DBP calls on public to buy Progreso bonds
State-owned Development Bank of the Philippines asked depositors and the public to avail of the Bureau of Treasury’s “Progreso Bonds” ...
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Treasury: Gov’t debt jumps by P290b to P8.89t in May
The government’s outstanding debt jumped P290.44 billion, or 3.4 percent, in May to P8.89 trillion from P8.6 trillion in April ...
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