P7.6 trillion debt reflects a decrease of P79.0 billion from end December 2013 figure As of March 2014, Outstanding Public Sector Debt was recorded at P7.6 trillion, equivalent to 64.3%…
Ratio improved 7 percentage points from 44.3% figure posted in 2009 As of June 2014, the General Government Debt stood at P4.5 trillion or 4.4% year-on-year up from June 2013…
The Philippine government continues to improve on its liability management performance on the back of the Aquino administration’s commitment to uphold the nation’s creditworthiness. As of March 2014, the general…
Outstanding Public Sector Debt to GDP down to 70.2% as of 2013 Q2 General Government Debt to GDP at 39.2% as of 2013 Q2 As of June 2013, Outstanding Public…
Following the signing of agreements to facilitate the Second Round of Debt Treatment under the U.S. Tropical Forest Conservation Act of 1998 (TFCA 2), the Philippine and U.S. Governments are…
Secretary of Finance Cesar Purisima urged the United States Congress to quickly reach an agreement to raise the US’s borrowing limit, against the possibility of global economic disaster. “It is…
General Government Debt down to 38.9% of GDP As of March 2013, the Philippines’ Consolidated Public Sector Debt was recorded at P7.7 trillion, equivalent to 71.3% of GDP. The ratio…
The Philippines-Italy Debt for Development Swap Program arising from the Agreement signed between the Government of the Republic of the Philippines, through the Department of Finance, and the Republic of…
FOR LOCAL MEDIA RELEASE ONLY The Republic of the Philippines (the "Republic") has announced results of its tender offer of eligible existing US Dollar and Euro denominated bonds. The Republic…
Finance Secretary Cesar V. Purisima and Italian Ambassador H.E. Luca Fornari signed on May 29, 2012 the Debt-for-Development Swap Agreement (the Agreement) between the Government of the Republic of the…
