The National Government’s debt-to-GDP ratio has hit a staggering 65.2%—the highest level since 2005. This isn’t just a statistic; it’s a flashing red light for the country’s financial health.
Every peso borrowed now represents a heavier burden on the economy. The first quarter of the year saw this metric climb, signaling mounting pressure on public finances.
What does this mean for everyday Filipinos? Higher debt often leads to tighter budgets, fewer public services, and rising interest costs. This milestone demands attention—because when a government borrows more, the consequences ripple through every household.
