MANILA, Philippines — The Philippine government’s outstanding debt continued to swell in January, rising to P18.13 trillion as fiscal managers front-loaded borrowings ahead of mounting global market uncertainties. Latest data from the Bureau of the Treasury (BTr) showed that the country’s debt as of end-January was 2.41 percent higher than the previous month and 11.15 percent higher than the same period last year. READ: Philippine debt swells to new high of P17.71T Although this marked a fresh peak, the debt level remains within the Marcos administration’s P19.06-trillion full-year borrowing program for 2026. “This level remains sustainable amid pressing challenges in the […]... Keep on reading: Philippine government debt climbs to P18 trillion in January