Philippines' Sovereign Debt Hits Record High at P19.07 Trillion
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Insights by Echo AI
The Philippines closed the first half of 2026 with a record-high sovereign debt of P19.07 trillion, up 2.80% from the P18.55 trillion debt level as of end-May 2026. The increase was driven by net availment of both domestic and external borrowings to fund national development. The debt stock was already slightly above the P19.06-trillion level projected for end-2026 under the 2026 Budget of Expenditures and Sources of Financing.
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RT @Ted_Cordero: The Philippines closed the first half of 2026 with a...
BREAKING: The Philippines closed the first half of 2026 with a record-...
NG outstanding debt jumps to record P19.07 trillion By Justine Irish D...
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