
PH Debt Exceeds ₱17 Trillion in June Due to Strong Securities Demand
As of the end of June, the country's outstanding debt reached ₱17.267 trillion—2.1% higher than May's ₱16.918 trillion and up 11% from ₱15.483 trillion recorded in June 2024.
The BTr explained that the increase stemmed from robust investor interest in government-issued securities. In June alone, the government raised ₱11.950 trillion through domestic borrowings, composed of ₱886.478 billion in treasury bills and ₱11.063 trillion in treasury bonds.
'This approach aligns with our strategy to strengthen the local capital market, limit foreign exchange exposure, and reinforce investor confidence in Philippine securities,' the agency stated.
The country's external debt reached ₱5.316 trillion—an increase of 3.5% from May's ₱5.138 trillion. This figure includes ₱2.602 trillion in loans and ₱2.714 trillion in external debt securities.
The BTr emphasized that the national government's debt strategy remains focused on fiscal sustainability, supporting inclusive economic growth, and ensuring that borrowed funds contribute to building a resilient Philippine economy.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Filipino Times
10 hours ago
- Filipino Times
Thousands of OFWs Join Gov't Caravan in Dubai for Direct Access to Services
Thousands of overseas Filipino workers (OFWs) from various parts of the United Arab Emirates flocked to the Dubai World Trade Centre for the Bagong Bayani ng Mundo: OFW Serbisyo Caravan, a large-scale event aimed at bringing Philippine government services closer to Filipino communities abroad. Organized by the Department of Migrant Workers (DMW), the initiative follows the directive of President Ferdinand Marcos Jr. to streamline and improve access to public services for OFWs. The event was held in collaboration with various agencies such as OWWA, PSA, Pag-IBIG, SSS, DSWD, PAO, DTI-PTIC, and the Philippine Consulate in Dubai. From 8:00 a.m. to 6:00 p.m., attendees were able to avail of services including contract verification, legal assistance, housing and financial services, and welfare programs from the Migrant Workers Office (MWO). For many, the caravan served as a one-stop shop to address pressing personal and employment concerns without having to return to the Philippines. The caravan reflects the Philippine government's commitment to making public service accessible, responsive, and relevant to the needs of its modern-day heroes. Beyond paperwork and benefits, it also fostered a sense of connection and reassurance for OFWs working far from home.


Filipino Times
4 days ago
- Filipino Times
PH Debt Exceeds ₱17 Trillion in June Due to Strong Securities Demand
The Philippine government's total debt soared past ₱17 trillion in June 2025, according to data released Wednesday by the Bureau of the Treasury (BTr). As of the end of June, the country's outstanding debt reached ₱17.267 trillion—2.1% higher than May's ₱16.918 trillion and up 11% from ₱15.483 trillion recorded in June 2024. The BTr explained that the increase stemmed from robust investor interest in government-issued securities. In June alone, the government raised ₱11.950 trillion through domestic borrowings, composed of ₱886.478 billion in treasury bills and ₱11.063 trillion in treasury bonds. 'This approach aligns with our strategy to strengthen the local capital market, limit foreign exchange exposure, and reinforce investor confidence in Philippine securities,' the agency stated. The country's external debt reached ₱5.316 trillion—an increase of 3.5% from May's ₱5.138 trillion. This figure includes ₱2.602 trillion in loans and ₱2.714 trillion in external debt securities. The BTr emphasized that the national government's debt strategy remains focused on fiscal sustainability, supporting inclusive economic growth, and ensuring that borrowed funds contribute to building a resilient Philippine economy.


Filipino Times
26-07-2025
- Filipino Times
UAE-based Filipino civil engineers gather for PICE midyear assembly; highlights community milestones
Filipino engineers in the UAE gathered in Abu Dhabi for the Midyear Assembly of the Philippine Institute of Civil Engineers (PICE-UAE), held under the theme 'One PICE, One Vision: Promoting specialization, empowering membership, future-ready civil engineering professionals.' Around 130 professionals attended the event, which featured technical presentations, panel discussions, the oath-taking of new members, and recognition ceremonies aimed at advancing their career development. Engr. Joeper Famorcan, 2025 PICE-UAE Chapter President, emphasized the importance of continuous learning and collective achievement. He said the gathering served both as a platform for technical discussion and a celebration of the growing strength of the Filipino engineering community in the UAE. 'These things speaks our aspiration as a chapter to be united under one vision to encourage continuous learning and recognition,' Engr. Famorcan said in his opening remarks. Meanwhile, H.E. Ambassador Alfonso A. Ver, Philippine Ambassador to the UAE delivered his keynote address and led the ceremonial acknowledgment of 2025 Civil Engineering Special Professional Licensure Examination (SPLE) passers. New PICE members also took their oath before Engr. Frederick Francis Sison, 2025 PICE National President. In his inspirational message, Engr. Sison said he joined the event to understand the current practices and challenges of Filipino engineers abroad and expressed his commitment to support the professionals. 'You're not just engineers working abroad, you are ambassadors of Filipinos in the engineering field. You show the world our skills, our grit, our values, and our heart. Your work speaks louder than any slogan. You make us proud, you inspire us, and we learn from you,' he said. Other highlights included the conferment of specialist members, recognition of newly approved life members, and a panel forum moderated by Engr. Blesil Apduhan, 2025 PICE-UAE First Vice President. Inspirational messages were also delivered by Engr. Rafael C. Lontoc, PPO-UAE Chairman and Arch. Woderick M. Pareja, Bayanihan Council Chairman.