7 days ago
Philippine debt to breach P19 trillion in 2026
The Philippines' sovereign debt is expected to balloon further, breaching P19 trillion by the end of 2026, budget documents showed.
Budget and Expenditures and Sources of Financing for the fiscal year 2026 showed the government is projecting that the total outstanding debt next year will amount to P19.057 trillion, higher than the projected P17.359-trillion debt level for 2025. — RSJ, GMA Integrated News
