- July 10, 2022
- Czar Villarama
According to President Ferdinand “Bongbong” Marcos Jr’s economic team, the economy will be expected to grow annually by at least 6.5% during his
- July 4, 2022
- Czar Villarama
Outgoing Bangko Sentral ng Pilipinas (BSP) Governor and incoming Department of Finance (DOF) Secretary Benjamin E. Diokno has stated that the government
- June 13, 2022
- Czar Villarama
Recently, the Bangko Sentral ng Pilipinas (BSP) has released figures for the total external debt of the Philippines. Numbers show that 3/5 of foreign debt
- June 5, 2022
- Joaquin Reloj
The Asian Development Bank (ADB) recently approved a $400-million loan to the Philippines. These funds are expected to help steer the economy towards sustainable growth following
- March 8, 2022
- Marco Suarez
According to the Bureau of Treasury (BTr), the Philippines ’ total outstanding debt has breached the P12 trillion mark for the first time last January. The
- July 3, 2021
- Joaquin Reloj
On Thursday, the Department of Budget and Management (DBM) indicated that approximately ₱6.49 billion funds of the Bayanihan to Recover as One Act (Bayanihan 2) was
- June 4, 2021
- Joaquin Reloj
The government’s continued borrowing to finance expenses in line with the global pandemic has led the country’s outstanding debt to reach ₱10.99 trillion as of end-April,
- April 7, 2021
- Joaquin Reloj
According to Finance Secretary Carlos Dominguez III, the Philippines aimed to raise funds for the continued fight against the pandemic through US dollar-denominated global bonds. “We
- February 11, 2021
- Marco Suarez
The recession in 2020 caused by economic challenges and international borrowing raised to withstand the coronavirus pandemic brought the debt-to-GDP ratio of the Philippines to 54.5%,
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