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Philippines debt hits record P14.6 trillion

The Marcos administration has so far incurred P1.82 trillion in debt since it assumed office, largely due to a high interest rate environment, pushing the country’s outstanding obligation to an all-time high of P14.62 trillion in 2023, according to the Bureau of the Treasury......»»

Category: financeSource: philstar philstarJan 31st, 2024

End-January Philippine debt balloons to P14.79 trillion — Treasury

The Philippines' outstanding debt climbed to a record of P14.79 trillion as of the end of January 2024 due to the net issuance of domestic securities and the effect of peso depreciation, the Bureau of Treasury (BTr) said on Friday......»»

Category: newsSource:  philstarRelated NewsMar 1st, 2024

Gov’t debt stock rose to P14.79 trillion as of Jan

MANILA, Philippines — The government’s outstanding debt rose in January due to a weak peso and after the Marcos administration borrowed more from local creditors than what it paid for its maturing liabilities, the Bureau of the Treasury (BTr) reported Friday. Data showed state obligations increased 1.9 percent month-on-month to P14.79 trillion as of January. ALSO READ:.....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

Debt balloons to P14.8 trillion

The issuance of domestic securities and the weakening of the peso pushed the country’s outstanding debt to a fresh high of P14.79 trillion in January, latest data from the Bureau of the Treasury showed......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

PH debt rose to P14.62 trillion in 2023

PH debt rose to P14.62 trillion in 2023.....»»

Category: sportsSource:  abscbnRelated NewsFeb 2nd, 2024

Government debt payments rise to record P1.6 trillion

The country’s debt service registered a record P1.6 trillion last year, exceeding the program, as the government aggressively moved to cut mounting obligations......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

Navigating Unsecured Debt Relief: A Comprehensive Guide

In the realm of financial management, unsecured debt stands out as a common challenge for many. Unlike secured debts, which are tied to assets like homes or cars, unsecured debts include credit card balances, personal loans, and medical bills. These can accumulate quickly, often overwhelming individuals. This article aims to explore debt relief options specifically […] The post Navigating Unsecured Debt Relief: A Comprehensive Guide appeared first on Kagay An......»»

Category: newsSource:  kagay_anRelated NewsJan 25th, 2024

'Will not leave any stone unturned to repay this debt of affection': PM Modi in J-K

Srinagar (Jammu and Kashmir) [India], March 7 (ANI): Prime Minister Narendra Modi on Thursday extended gratitude to the people of Jammu and Kashmir for the affection he has received and said that he will not leave any stone unturned to repay this debt of affection. "Modi will not leave any stone unturned to repay this debt of affection. I am doing all this hard work to win your hearts and I believe that I am on the right.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

'Will not leave any stone unturned to repay this debt of affection': PM Modi in J-K

Srinagar (Jammu and Kashmir) [India], March 7 (ANI): Prime Minister Narendra Modi on Thursday extended gratitude to the people of Jammu and Kashmir for the affection he has received and said that he will not leave any stone unturned to repay this debt of affection. "Modi will not leave any stone unturned to repay this debt of affection. I am doing all this hard work to win your hearts and I believe that I am on the right.....»»

Category: newsSource:  manilanewsRelated NewsMar 8th, 2024

Bank assets grow 10 percent to P24.8 trillion

Philippine banks’ assets grew by 10.3 percent to P24.81 trillion in January from the P22.49 trillion recorded a year ago, according to data from the Bangko Sentral ng Pilipinas,.....»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Philippines swelters in scorching heat as mercury hits record high in Manila

Philippines swelters in scorching heat as mercury hits record high in Manila Arab News.....»»

Category: newsSource:  manilanewsRelated NewsApr 29th, 2024

Cebu hits record high heat index of 39°C

Cebu hits record high heat index of 39°C.....»»

Category: newsSource:  sunstarRelated NewsApr 22nd, 2024

Foreign debt reaches all-time high in 2023

The country’s foreign debt reached another record high in 2023, as both the national government and the private sector borrowed more from offshore creditors, the central bank said......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Government to limit debt as new taxes hang

With outstanding debt at a record high, the government may have to go slow with its borrowing spree, at least for now, amid its no new taxes stance and the still elevated interest rate environment......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

P4.57 trillion in agency budget released

Nearly 80 percent of the record P5.768 trillion budget for the year has been released as the government ramps up implementation of various programs......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Peza approves P14.951B investments from January to March

Peza approves P14.951B investments from January to March.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

Quezon City bettor wins P14.6 million lotto pot

A lone bettor in Quezon City won the P14.6-million jackpot of the Regular Lotto 6/42 on Saturday night, the Philippine Charity Sweepstakes Office (PCSO) said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 10th, 2024

PhilHealth claims for COVID-19 pneumonia hit P14.6 billion

COVID pneumonia topped the medical cases that the Philippine Health Insurance Corp. reimbursed last year, with claims amounting to more than P14 billion......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

P14.6M nga shabu nasakmit sa Bohol

P14.6M nga shabu nasakmit sa Bohol.....»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

El Niño destroys P14 million palay in Negros Occidental

The dry spell brought by the El Niño phenomenon has damaged more than P14 million worth of rice crops in Negros Occidental, officials said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

Provincial airports get P14 billion for upgrade

The Department of Transportation is allocating P14 billion this year for the development and upgrade of regional airports to support the recovery of domestic tourism......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024