Bureau of the Treasury - updates

Rappler's latest stories on Bureau of the Treasury


Gov't debt jumps to record P8.6 trillion in April 2020

Jun 03, 2020 - 4:50 PM

The Philippines' debt surges to levels not seen since the 2008 global financial crisis – and the government will likely borrow more during the coronavirus pandemic

Philippines raises $2.35 billion from bond sale during pandemic

Apr 28, 2020 - 12:25 PM

The Philippines boosts its coffers and follows other emerging nations in selling bonds, as the global economy goes into a recession due to the coronavirus pandemic

Gov't spends big in December, lifting 2019 expenditures above target

Feb 27, 2020 - 7:20 PM

The Philippines' 2019 GDP growth is likely to be revised upward, given the higher-than-expected government spending in December

Win a hotel unit by investing in government's premyo bonds

Nov 25, 2019 - 7:00 PM

Bondholders not only get a chance to win P1 million and other cash prizes, they may also win a hotel unit from DoubleDragon

Budget surplus widens to P44.5 billion under reenacted budget

Mar 18, 2019 - 5:10 PM

The Bureau of the Treasury says the contraction in government spending was due to delays in the implementation of new projects and salary adjustments

Rising 'above serial underspending’? Budget gap widens in 2018

Feb 22, 2019 - 6:06 PM

The fiscal deficit in 2018 reaches P558.3 billion, 3.2% of the country's gross domestic product

Gov't to offer P30 billion in 3-year retail treasury bonds

Mar 23, 2017 - 8:15 PM

This will be the 2nd retail bond offering under the Duterte administration which raised around P100 billion from a similar offering in September 2016

PH debt hits P5.95 trillion in November

Jan 06, 2016 - 6:26 PM

The government also estimates that each Filipino will owe P62 191 this year

DEBT. The government's outstanding debt stood at P5.95 trillion ($126.37 billion) as of end-November 2015.

Gov’t debt payments rise by 7.06% so far this year

Nov 22, 2015 - 9:13 PM

Debt payments totaled P459 55 billion 9 781 billion for the first 3 quarters of the year

Gov’t borrowing drops 2.07% in first 8 months of 2015

Oct 04, 2015 - 11:18 PM

The decrease was led by the decline in local financing which fell to P148 14 B from the P168 64 B borrowed in January to August last year

Gov’t gross borrowing up by 4.51% in May

Aug 02, 2015 - 11:14 PM

Government debt as of end June stood at P5 82 trillion up from the P5 74 trillion registered in the same period last year

Philippines posts P30-B budget surplus in August

Sep 25, 2014 - 5:14 PM

The surplus in August is 36 higher than the P22 billion surplus registered in the same period in 2013 Netting out interest payments government spending only grew by 4 year on year

Gov’t fiscal deficit narrows to P1.8-B in July

Aug 29, 2014 - 1:19 PM

The government s July deficit is down 97 from the same period in 2013 attributed to ramped up collection efforts by revenue generating agencies

Gov’t records P62.5-B budget deficit in June

Jul 28, 2014 - 2:50 PM

Increased government spending resulted in the deficit

6-FOLD HIGHER. The P62.5-billion budget deficit in June is 6-fold higher from the P8.5-billion recorded in June 2013. File photo by Agence France-Presse

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 wipes out deficit end-May

Jun 26, 2014 - 12:30 PM

The government books a surplus for the first 5 months of 2014 as revenue collections grow by double digits

Photo by AFP

PH debt rises to P5.3-T in March

May 17, 2013 - 6:14 PM

Each Filipino owed P56 180 in foreign and domestic debt during the month

IN DEBT. Each Filipino owes local and domestic creditors P56,180 in March. Photo by AFP