Bureau of Treasury - updates

Rappler's latest stories on Bureau of Treasury


Philippines raises €750 million as investors clamor for bond sale

May 10, 2019 - 3:49 PM

After over a decade, the Philippines returns to the European capital markets, raising €750 million or about P44 billion with its offering of 8-year global bonds

Philippine debt at P6.88 trillion in April 2018

May 30, 2018 - 8:30 PM

(UPDATED) The country's debt is higher by 7.9% than the same period last year, according to the Bureau of Treasury

Gov't deficit narrows in November on 16% higher collections

Dec 26, 2017 - 7:45 PM

This offset the 10% increase in government spending for the month, but the year-to-date deficit is still wider by 4% compared to the same period in 2016

Pangilinan, Parojinog, COA | Evening wRap

Aug 04, 2017 - 7:54 PM

Watch the evening newscast with Chay Hofileña

Customs, Treasury missteps in Marcos loot result in possible loss – COA

Aug 04, 2017 - 1:51 PM

COA requires both bureaus to submit pertinent documents and reports to account for the Marcos loot

Government hits P33.4-B budget deficit in May

Jun 23, 2017 - 5:45 PM

The government incurs a deficit of P33 4 billion P15 8 billion higher than the deficit recorded in the same month in 2016

Gov't debt stands at P5.948 trillion in first half of 2016

Aug 08, 2016 - 9:30 PM

Foreign exchange fluctuations and new domestic borrowings push up the debt stock in June but total debt has decreased slightly from the start of the year

Gov’t deficit rises to P120.3B in H1 2016

Jul 27, 2016 - 6:57 PM

For the first 6 months of the year government spending totaled P1 22 trillion 14 higher than last year s P1 07 trillion

PhilHealth gets biggest share of subsidies among gov't firms in 2015

Mar 27, 2016 - 2:51 PM

Government owned and controlled corporations GOCCs received subsidies amounting to P78 01 billion 1 68 billion in 2015 according to the Bureau of Treasury

National debt at P5.954 trillion, up 3.8% from 2014 levels

Feb 04, 2016 - 6:51 PM

Despite the nominal increase debt in proportion to the country s GDP declined to 44 8 in 2015 from 45 4 in the previous year

PH gov't records P6B surplus in November

Jan 07, 2016 - 5:54 PM

This is the fourth time in 2015 that the government achieves a budget surplus

TRIM. The fiscal performance in November trimmed the year-to-date deficit to P46.5 billion ($987.95 million). File image

PH gov't deficit rises to P27B in October

Dec 09, 2015 - 4:18 PM

Spending growth overtakes revenue collections for the fourth month in a row

DEFICIT. Spending growth overtakes revenue collections for the fourth consecutive month. File photo by Agence France-Presse

PH gov't records P15B surplus in August

Oct 01, 2015 - 5:47 PM

For the first 7 months of the year the government incurs a deficit of P3 4 billion significantly lower than the programmed deficit of P197 2 billion

LOWER. Data from the Bureau of the Treasury (BTr) shows the government's' budget surplus for the month is 50% below the year-ago level of P29.9 billion ($639.99 million). File photo from Agence France-Presse

SONA 2015: Aquino gov't continues to underspend

Jul 26, 2015 - 9:10 PM

A lower than target fiscal deficit could mean inability to provide better services and build better infrastructure It could also bloat savings which could give the administration too much leeway to decide on where the money goes

Gov't incurs record-high budget surplus in May

Jul 20, 2015 - 5:30 PM

The May budget surplus of P67 3B is 472 higher than the P11 8B surplus recorded in the same period in 2014

COA to Millennium Challenge Account-PH: Return P600M DAP funds

Jun 24, 2015 - 11:12 AM

State auditors tell MCA P that this is to ensure that its projects won t be delayed by legal challenges even after the High Court had ruled that programs activities and projects under the DAP remain valid under the operative fact doctrine

COA's latest find: Gold watches bearing Marcos, Imelda faces

Jun 02, 2015 - 9:25 AM

The Commission on Audit instructs the Bureau of Treasury to engage the services of a reputable appraiser to determine the value of the discovered items

20-YEAR RULE. Malacañang file photo of the late President Ferdinand Marcos

Aquino gov't fails to meet spending targets by 66%

May 25, 2015 - 7:00 PM

The Aquino administration continues to underspend as the deficit in the previous quarter stands at P33 5B versus the P98 1B target for the period

Gov’t debt payments drop 28.3% in September

Dec 01, 2014 - 2:30 PM

The government pays P337 12 billion to service its debts as of end September lower than the P470 14 billion recorded in the same period in 2013

Gov’t borrowings down 41.4% in September

Dec 01, 2014 - 1:31 PM

Lower year on year local borrowings pulls down the gross borrowings for the 9 month period

Gov’t debt payment fall 38% in August

Oct 14, 2014 - 1:23 PM

Principal payments led the decline dropping to P4 7 billion from P22 66 billion last year

Gov’t borrowings down 85% in August

Oct 13, 2014 - 3:55 PM

Payments for domestic debt which matured in August amounted to P718M which means the government s net local borrowings stood at P19 85B during the said month

DOF pushes unrestricted trading of gov't securities

Sep 25, 2014 - 11:05 AM

The Bureau of Treasury aims to roll out the non restricted trading environment this September – assuming the market is ready

Bulacan ordered to return P15.6 million idle PDAF

Sep 21, 2014 - 6:45 PM

In its 2013 report the audit agency says the provincial government failed to use the allocated funds and allowed SAROs to expire without implementing projects they were intended for


Gov't to borrow P135B in 3Q despite budget surplus

Jun 27, 2014 - 9:45 PM

The finance department says the borrowing program for 2015 is lower than the P715 billion set for this year

WHY BORROW? The government usually borrows funds to support its budget deficit and to pay for its maturing liabilities. File photo by AFP

Gov't releases P600M for anti-corruption IT system

Mar 20, 2014 - 9:43 PM

Called the GIFMIS the online application will integrate the processes performed by the budget department COA and the Bureau of Treasury

Customs 2013 collections fall short of target

Feb 28, 2014 - 3:29 PM

But the bureau is optimistic about its collections in 2014 following a series of reforms to improve operational efficiency

A GOOD 2014? Customs Commissioner John Sevilla looks to good 2014 collections following 2013's revenues.

An unsolicited defense of the treasury

Oct 29, 2013 - 8:50 AM

The government entities which authorize and utilize the expenditures from the Malampaya fund have the duty to answer questions from the public

Govt raises P150-B total from retail bond offer

Aug 19, 2013 - 4:54 PM

The government sells P150 billion worth of 10 year retail Treasury bonds in a public offer that closed August 12 raising its target borrowings for the 3rd quarter

LOCAL DEBT. The government wants to borrow more from local sources to eliminate foreign exchange risks. Photo by AFP

Govt to sell at least P30-B T-bonds starting July 30

Jul 24, 2013 - 4:55 PM

National Treasurer Rosalia de Leon says the offer size could increase depending on the demand for the 2023 bonds

LOCAL DEBT. The government wants to borrow more from local sources to eliminate foreign exchange risks. Photo by AFP

Each Filipino owes P56,468 in April

Jun 15, 2013 - 8:15 AM

Debt stock of the government at end April reaches P5 039 trillion P27 3 billion more from March

INCREASING DEBT. The Philippines oustanding debt increased 6.8% to P5.334 trillion in January 2013. Photo by AFP

April surplus trims 4-month deficit to P29.7-B

May 27, 2013 - 1:32 PM

The government s fiscal performance in April narrows the P66 478 billion budget deficit incurred in the first quarter

Each Filipino owes P56,744 in January 2013

Mar 28, 2013 - 11:47 AM

The national government s outstanding debt increases to P5 334 trillion by end January 2013

INCREASING DEBT. The Philippines oustanding debt increased 6.8% to P5.334 trillion in January 2013. Photo by AFP

Each Filipino owes over P57,000 as PH debt climbs to P5.4-T

Jan 22, 2013 - 7:17 PM

The Philippines outstanding debt climbs 9 1 to P5 381 trillion as of end November 2012 from the year before

Gov't sells P272-B T-bills in Jan-Nov 2012

Jan 14, 2013 - 2:14 PM

The government is looking to issue more of the debt papers this year as it favors domestic borrowings

Treasury bonds at P3.131-T as of November

Dec 31, 2012 - 5:47 PM

In the first quarter of 2013 the government is looking to sell P45 billion worth of T bonds

Gov't sells $500-M dollar bonds

Nov 28, 2012 - 1:56 PM

The transaction follows the country s P30 8 billion 750 million global peso bond offer on November 9

Finance Usec De Leon named national treasurer

Nov 09, 2012 - 1:02 PM

De Leon replaces Roberto Tan who now sits as Executive Director of multilateral lender World Bank in Washington D C

Tan leaves Treasury for World Bank post

Oct 26, 2012 - 2:55 PM

Tan will fly to Washington D C on October 31 to sit as executive director at the World Bank for two years starting November 1

WASHINGTON-BOUND. National Treasurer Roberto Tan attends the ADB's 40th annual board of governors meeting in Kyoto, 2007. Photo courtesy of AFP

PH sells P188-B Treasury bonds, a new record

Oct 19, 2012 - 11:06 AM

Bond sales as of October 19 exceed the record P179 9 billion set in February

PH debt in May climbs 7.8% to P5.147-T

Jul 13, 2012 - 3:31 PM

Each of the 94 million Filipinos now theoretically owe local and foreign creditors P54 755