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NG outstanding debt jumps to record P19.07 trillion

30 July 2026
in Business
Reading Time: 4 mins read
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NG outstanding debt jumps to record P19.07 trillion
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A Philippines peso note is seen in this picture illustration on June 2, 2017. — REUTERS

By Justine Irish D. Tabile, Senior Reporter

THE NATIONAL Government’s (NG) total outstanding debt rose to a record-high P19.07 trillion as of end-June, amid higher domestic and external borrowings, the Bureau of the Treasury (BTr) said.

The latest data from the Treasury showed that the debt increased by 2.8% from P18.55 trillion at the end of May.

“The P518.98-billion increase from the end-May 2026 level of P18.55 trillion was driven by the net availment of both domestic and external borrowings to fund national development,” the BTr said.

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