Inquirer
Foreign borrowings jacked up gov’t debt stock by 75% in November
The national government's borrowings significantly increased by 75% year-on-year in November 2025, reaching P113.53 billion.
Domestic borrowings showed a substantial rise, growing by nearly 60% to P78 billion in November 2025 from P48.9 billion in the previous year.
External debt also more than doubled, climbing to P35.53 billion from P16.2 billion during the same period.
The data from the Bureau of the Treasury highlights a greater reliance on domestic financing for the country's debt accumulation.
Lower amortization payments were recorded for domestic debts at P177 million, compared to P12.5 billion for external debt.
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