Try GOLD - Free
PH debt climbing further to over P19T
Manila Bulletin
|August 14 2025
Hitting a fresh high, the na- tional government’s debt is expected to exceed P19 trillion by the end of 2026, nearly 10-percent higher than the projected end-2025 level of P17.36 trillion.
According to the Budget of Expenditures and Sources of Financing (BESF) document for fiscal year (FY) 2026 published on Wednesday, Aug. 13, the national government’s total debt will pile up by P1.71 trillion or 9.8 percent to P19.06 trillion by next year.
The domestic debt stock is expected to increase by 10.3 percent to P13.28 trillion by the end of 2026 from P12.04 trillion by end2025. Meanwhile, outstanding foreign borrowings are projected to grow by 8.9 percent to P5.78 trillion from P5.31 trillion.
Overall, 69.7 percent of next year’s outstanding debt will be sourced domestically, while 30.3 percent will come from foreign lenders.
This story is from the August 14 2025 edition of Manila Bulletin.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Manila Bulletin
Manila Bulletin
'Liberating fashion for many'
Saed El-Achkar, H&M's president for East Asia and Greater China, on the brand's mission to make fashion accessible, inclusive, and purposeful for everyone
3 mins
November 7, 2025
Manila Bulletin
Curls, unleashed
6 game-changing products bringing bounce, shine, and freedom back to curly hair
2 mins
November 7, 2025
Manila Bulletin
Agri output sustains growth in Q3
The Philippines’ agriculture and fisheries output grew by 2.8 percent in the third quarter, as stronger crop and poultry production kept the country on track to achieve higher growth this year compared to last year’s contraction.
2 mins
November 7, 2025
Manila Bulletin
Ms. Czech Republic wins Miss Earth 2025 crown, uses Filipino in final Q&A
Natalie Puskinova of the Czech Republic was crowned Miss Earth 2025 and drew cheers from the crowd as she spoke partly in Filipino during the final question-and-answer round held at Okada Manila on Wednesday, Nov. 5.
1 mins
November 7, 2025
Manila Bulletin
Pope Leo calls for 'deep reflection' about treatment of detained migrants in the United States
Pope Leo XIV called for “deep reflection” about the treatment of migrants held in detention, saying that “many people who have lived for years and years and years, never causing problems, have been deeply affected by what is going on right now.”
1 mins
November 7, 2025
Manila Bulletin
Why indigenous consultation in urban planning must be real
Walk any city block and you’re moving across layered stories—rivers channeled into pipes, fields paved over, names translated or erased.
3 mins
November 7, 2025
Manila Bulletin
Hesitant borrowers cool banks' lending
Lending by big banks, or universal and commercial banks (U/KBs), expanded even more slowly in September, as loans grew only by 10.5 percent from 11.2 percent in August.
2 mins
November 7, 2025
Manila Bulletin
Save our planet; go clean energy all the way
The world is fast reaching a point of no return.
2 mins
November 7, 2025
Manila Bulletin
BIR files ₱1.6-B tax evasion complaint vs 3 ex-DPWH engineers in Bulacan
The Bureau of Internal Revenue (BIR) filed on Thursday, Nov. 6, a P1.6 billion tax evasion complaint for alleged income tax deficiencies from 2020 to 2024 against three former officials of the Department of Public Works and Highways (DPWH) in its Bulacan First Engineering District.
6 mins
November 7, 2025
Manila Bulletin
Marcos declares national state of calamity due to 'Tino'
President Marcos has approved the declaration of a national state of calamity following the widespread devastation caused by Typhoon Tino, which struck large parts of the Visayas and Mimaropa and left a high number of casualties.
5 mins
November 7, 2025
Listen
Translate
Change font size