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Debt payments balloon to P665 B in August
The Philippine Star
|October 06, 2025
The national government's debt service ballooned to more than P600 billion in August, driven by a surge in domestic amortization payments that the administration shelled out during the period.
Latest data from the Bureau of the Treasury showed that the government increased its debt payments in August, as it paid P664.72 billion in obligations from P186.22 billion in the same month last year.
About 90.5 percent of the debt service pile consisted of amortization payments at P601.61 billion in August, which was 4.5 times the P133.44 billion in August 2024.
Domestic payments accounted for a significant portion of amortization payments at P597.88 billion, rising by from last year’s P122.03 billion.
On the other hand, external amortization payments for August declined by 67.3 percent to P3.73 billion from P11.4 billion in the same month the previous year.
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