The Philippine government may soon be forced to confront tough fiscal trade-offs as national debt levels move further beyond what economists consider sustainable, a former Bangko Sentral ng Pilipinas (BSP) official warned.
The Bases Conversion and Development Authority (BCDA) is moving to unlock faster access to Central Luzon’s biggest industrial estates as it prepares to open bidding next week for the expansion of the Subic-Clark-Tarlac Expressway (SCTEX) Luisita Interchange in Tarlac City.
Unemployment rate rose year-on-year in November 2025 but fell from October, as the labor market gained momentum ahead of the Christmas season, the Philippine Statistics Authroity reported on Wednesday.
Headline inflation accelerated to 1.8 percent in December 2025, its fastest pace since March last year, as higher food prices and quicker increases in clothing and footwear pushed overall prices up, government data showed. The latest figure marked a rebound from November’s slower pace but remained well below December 2024’s 2.9 percent, highlighting easing price pressures over the year.
President Ferdinand R. Marcos Jr. signed into law the P6.793-trillion 2026 General Appropriations Act (GAA), putting a firm stamp on a spending plan that prioritizes education, health care, and agriculture—while drawing clear boundaries against discretionary excess.