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Local borrowings, weak peso push January NG debt higher to P13.7-trillion
Government debt jumped last January, driven higher by domestic borrowings and the weakening peso, the Bureau of the Treasury reported on Tuesday.
All-of-government approach needed to tackle inflation—DOF
The Department of Finance (DOF) wants a whole-of-government approach to tackle inflation that remained elevated in February despite the central bank’s very aggressive monetary...
“Budget deficit path looks encouraging”
The path the budget deficit has taken in 2022 has encouraged the economic managers, particularly Budget chief Amenah F. Paangandaman, who noted that as...
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February inflation slows to 8.6% as transport prices ease
Lower prices gasoline and diesel helped slow down headline inflation in February to 8.6 percent from 8.7 percent in January, the Philippine Statistics Authority...
Fitch Ratings: Phl to prove itself resilient amid low growth, rising risk asset scenario
London- and New York City-headquartered Fitch Ratings said so-called asset-quality risks the various Philippine banks face at present are increasing due to the rising cost of living and higher interest rates.
