external debt - updates

Rappler's latest stories on external debt


[ANALYSIS] We never defaulted on our loans? That’s historical revisionism

Apr 11, 2019 - 6:17 PM

By saying the country 'never, never defaulted on its loans,' the DOF is being naïve at best and disingenuous at worst

Philippine external debt down to $73.2B in Q1 2018

Jun 15, 2018 - 6:31 PM

BSP Governor Nestor Espenilla Jr says net repayments which amounted to $3.4 billion mitigated upward pressures

PH external debt drops by 1.8% to $72.5 billion in Q2 2017

Sep 17, 2017 - 9:20 PM

The end-June 2017 level is also down by $5.2 billion from the same time last year

PH external debt inches up to $77.7 B for H1 2016

Sep 19, 2016 - 5:28 PM

Despite the increase the BSP says the debt stock remains manageable due to substantial international reserves and consistent economic growth

Philippine peso coins and a bank note at a street store in Manila, 10 January 2008.  Jay Directo/AFP/File

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

Brexit's direct effect on PH 'not substantial' – NEDA

Jun 28, 2016 - 6:20 PM

From trade to tourism direct Philippine exposure to the United Kingdom s economy is minimal

PH external debt rises to $77.5 billion as of end-2015

Mar 21, 2016 - 8:50 PM

Despite the increase key external debt indicators remain at comfortable levels at the close of the year says the BSP

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 external debt falls first half of 2015

Sep 18, 2015 - 9:00 PM

The central bank chief traces the decline to negative foreign exchange revaluation adjustments amounting to 2 6 billion as the US economy continues to gradually recover

LOWER. Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. says on Friday, September 18 that the country’s external debt reached $75 billion from January to June this year – $3.6 billion lower compared to $78.59 billion in the same period in 2014. Photo from the Bangko Sentral ng Pilipinas

PH's balance of payments in May swings to deficit

Jun 20, 2015 - 1:08 PM

The central bank reports that BOP posted a 58 million deficit in May – a turnaround from the 373 million surplus recorded last year and the 380 million surplus seen in April

SURPLUS TURNAROUND. Despite last month's deficit, BSP Deputy Governor Diwa Guinigundo says central bank expects the biggest surplus this year since 2005. File photo by Joel Leporada/Rappler

PH external debt declines in Q1 2015

Jun 20, 2015 - 10:57 AM

External debt registered at 75 3 billion in the first quarter 3 lower from the same period last year

LOWER DEBT. Foreign currency-denominated obligations of private and public entities in the Philippines declined last quarter. File photo by Rappler

BSP revises BOP 2015 forecast to $2 billion

May 23, 2015 - 1:34 PM

After a deficit last year BSP expects a turnaround by raising its growth projection for the country s balance of payments this year

PH narrows foreign deficit in 2nd quarter

Sep 22, 2014 - 8:00 PM

The Bangko Sentral ng Pilipinas also reports that the country’s foreign debt remains manageable as of the previous quarter

2012 dollar reserves hit new high of $84.2-B

Jan 07, 2013 - 3:42 PM

The country s dollar reserves are 11 8 higher than 2011 s 75 3 B

DOLLAR RESERVES. A bank teller shows off dollar bills. Photo from AFP

PH foreign debt ratio improves in Q1

Jun 22, 2012 - 4:10 PM

The ratio improves as the economy as measured by gross domestic product GDP grows faster than the absolute amount of debt