The national government’s total outstanding debt reached P13.91 trillion as of the end of April 2023, according to the Bureau of Treasury (BTr) on Thursday, June 1.
The Philippines logged a 6.4% gross domestic product (GDP) growth in the first quarter of 2023, the slowest since the second quarter of 2021, the Philippine Statistics Authority (PSA) revealed Thursday, May 11.
President Ferdinand Marcos Jr. announced on Thursday, April 20, that the Philippines ranked first in Asia in the 2023 gross domestic product (GDP) forecast released by the International Monetary Fund (IMF).
The country’s total outstanding debt reached P13.75 trillion as of the end of February this year, an increase of 0.4% from the previous month primarily due to the net issuance of domestic securities, the Bureau of Treasury (BTr) said on Thursday, March 30.
By Katrina Gracia Consebido
Overseas Filipinos (OFs) sent over $3.7 billion in personal remittances in January 2023, up by 3.5%, the Bangko Sentral ng Pilipinas (BSP) said.
According to the BSP, land-based workers...
