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BusinessWorld E-paper

February 4, 2026

THE PHILIPPINES’ outstanding debt climbed to a record P17.708 trillion at the end of 2025, exceeding the government’s projection amid increased issuances and a weaker peso.

The National Government’s (NG) end-2025 outstanding debt rose by 10.32% from the P16.05 trillion recorded in the previous year, according to data released by the Bureau of the Treasury (BTr) on Tuesday.

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