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Business July 2, 2026

National Government's Outstanding Debt Surpasses P18.55 Trillion by End of May, Raising Concerns Over Fiscal Sustainability

National Government's Outstanding Debt Surpasses P18.55 Trillion by End of May, Raising Concerns Over Fiscal Sustainability

The National Government's debt has seen a significant increase in May, as it continues to raise funds to support its financing needs, according to the latest data.

The rise in debt is a result of the government's ongoing efforts to finance its various initiatives and projects, which has led to an increase in borrowing from both domestic and international markets.

The National Government's reliance on debt financing has been a subject of concern in recent years, with many experts warning about the potential risks of high debt levels.

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