Finance Secretary Benjamin Diokno said Tuesday 12.1 percent, or P699.2 billion of the proposed P5.768-trillion budget for fiscal year 2024 is allocated to financing...
The government’s outstanding debt reached a record P13.91 trillion as of end-April from P13.86 trillion in March as the government borrowed more to finance...
State-run Power Sector Assets and Liabilities Management Corp. said Monday it brought down its financial obligations by 5.3 percent in the first quarter to...
Zurich, Switzerland—Troubled Swiss banking giant Credit Suisse, which has scrambled to ease fears about its financial health, announced plans on Friday to buy back...
The government’s total outstanding debt as of end-May 2022 declined P267.41 billion or 2.1 percent to P12.50 trillion from the record P12.76 trillion in...
“The Balesin idea: attract the world’s high net worth individuals to enjoy the most unique beach resort and nature enclaves”
ROBERTO V. Ongpin, my former...
The Bangko Sentral ng Pilipinas (BSP) on Monday said the incoming administration will inherit a better economy, but faces higher debt as the outgoing...
The Philippines has recorded P12.68 trillion in outstanding debt as of end-March this year, compared to the P12.09 trillion recorded in the previous month,...
The International Monetary Fund said on Wednesday that it has asked cash-strapped Sri Lanka to "restructure" its huge foreign debt before a bailout programme...
NEW York, United States—Debt accumulated by businesses and individuals worldwide could slow economic recoveries from the pandemic crisis, the IMF warned Monday.
Governments took exceptional...
