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Philippines’ outstanding debt swells to P18.49 trillion in March

7 May 2026
in Business
Reading Time: 2 mins read
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Philippines’ outstanding debt swells to P18.49 trillion in March
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By Justine Irish D. Tabile, Senior Reporter

THE National Government’s (NG) outstanding debt rose to a fresh record high of P18.49 trillion as of end-March, driven partly by the peso’s depreciation, the Bureau of the Treasury said.

Latest data from the Treasury showed that the debt went up by 1.81% from P18.16 trillion at the end of February.

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