Geopolitics

PHILIPPINES’ NATIONAL DEBT HITS ₱19.07 TRILLION The Philippines’ outstanding national debt reached a record-high ₱19.07 trillion as of the end of June 2026, according to a report from media outlets citing the Bureau of the Treasury. The figure is 2.80% -

PHILIPPINES’ NATIONAL DEBT HITS ₱19.07 TRILLION The Philippines’ outstanding national debt reached a record-high ₱19.07 trillion as of the end of June 2026, according to a report from media outlets citing the Bureau of the Treasury. The figure is 2.80% - facebook.com

Source: facebook.com

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DW NOTE

The Philippines has run a primary deficit every year since 2019. Debt-to-GDP crossed 60% in 2021 and has not reversed. ₱19.07 trillion is not a record because the economy is growing — it's a record because the government spends more than it collects and borrows the difference at rates it cannot compound away through growth.

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PHILIPPINES’ NATIONAL DEBT HITS ₱19.07 TRILLION The Philippines’ outstanding national debt reached a record-high ₱19.07 trillion as of the end of June 2026, according to a report from media outlets citing the Bureau of the Treasury. The figure is 2.80% -

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