government debt - updates

Rappler's latest stories on government debt


Japan's debt mountain: How is it sustainable?

Jun 11, 2020 - 10:15 AM

Japan's debt stands at 1,328,000,000,000,000 yen or around $12.2 trillion as of end-2019

(FILES) This file photo taken on May 22, 2020 shows a man wearing a face mask as he walks past the Bank of Japan headquarters in Tokyo. - Already the global leader in accumulating debt, Japan's powerful lower house of parliament approved an emergency budget worth nearly 300 billion USD on June 10, 2020, adding nearly two trillion USD to its mountain 2020 fiscal year with record stimulus packages to cushion the impact of coronavirus. (Photo by Kazuhiro NOGI / AFP)

2019 budget: Executive branch, lawmakers OK 6-month extension for payments

Aug 30, 2018 - 3:59 PM

Agencies and departments will now have until 6 months after the fiscal year to make their payments under the 2019 cash-based budget system, says Executive Secretary Salvador Medialdea

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 debt drops further in September 2016

Dec 04, 2016 - 10:40 PM

Increased spending and a robust economy contribute to government debt dropping to 44 2 from 44 7 despite a drop in government collections

Balanced budget 'impractical' for the PH until 2022 – Diokno

Aug 22, 2016 - 7:10 PM

Philippine economic managers flesh out the proposed P3 3 trillion national budget for 2017 – an amount seen to help free the country from high socioeconomic inequality

NOT FOR NOW. One thing is certain for the Philippine economy in the coming years: deficits are not going away, the economic team of President Rodrigo Duterte tells the House committee. Photos by Chrisee Dela Paz/Rappler

Puerto Rico lawmakers vote to stop loan repayments

Apr 06, 2016 - 3:52 PM

Governor Alejandro Garcia Padilla backs the bill to stop the loan payments as what he sees as the best way to guarantee services for the 3 5 million residents of the US territory in the Caribbean in the absence of a US bailout

Philippines to be $1-trillion economy by 2030

Dec 05, 2015 - 1:27 PM

The Philippines is the only country in Asia that garners positive action from IHS

SHINING. The government is marketing the Philippine economy as Asia's bright spot in order to entice foreign investments. File photo by Rappler

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 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

Supporters rally for embattled Argentine president

Mar 02, 2015 - 7:54 AM

Cristina Kirchner s supporters flood the streets around Congress for her final opening address before the legislature

Argentinian president Cristina Fernandez de Kirchner delivers a speech at the ordinary sessions of the Argentinian Parliament in Buenos Aires, Argentina, 01 March 2015. David Fernandez/EPA

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

Debt-to-GDP ratio continues downtrend: 39.2% in 2013

May 02, 2014 - 4:47 PM

The DOF says the continuing trend of decreasing debt to GDP ratio shows the government s will to ensure sustained fiscal space in the medium term

China orders audit of government debt: agency

Jul 28, 2013 - 6:35 PM

China has called for an audit of all government debt as concerns grow over official liabilities in the world s second largest economy

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

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

Bulk of 2013 govt borrowings to be sourced locally

Jul 06, 2012 - 5:31 PM

The government plans to borrow over P757 billion next year 75 of which will be obtained from domestic creditors

Indonesia to restrict the use of subsidized fuel

May 30, 2012 - 4:52 PM

Indonesia plans to restrict the use of subsidized fuel in a bid to shield the state from surging costs after the government failed to pass a price hike through parliament in March

Investors buy P7.5B worth of govt debt papers

Apr 30, 2012 - 7:34 PM

Government makes full award of Treasury bills as their rates fall

Govt Q1 debt payments decline

Apr 30, 2012 - 12:41 PM

PH government s debt payments fall 21 in first quarter 2012 from the year before