National debt hits P17.56 trillion in October

The National Government's outstanding debt reached P17.56 trillion by the end of October 2025, a P106.78 billion or 0.61% increase from September.

This debt expansion was driven by net issuances of domestic and external liabilities, and compounded by the peso's depreciation to P58.771 per US dollar from P58.149 at the start of the month.

Domestic debt constituted 68.6% of the total debt stock, with net issues of government securities totaling P70.65 billion.

Foreign debt climbed to P5.52 trillion, with net loan availments recorded at P8.25 billion and upward adjustments due to peso depreciation adding P58.64 billion, offset by P32.54 billion from appreciation against third currencies.