THE Philippines’ total outstanding debt climbed to ₱17.27 trillion as of end-June 2025, up by 2.1 percent from the previous month, according to the Bureau of the Treasury (BTr).
In its July 30 statement, the BTr said the national debt increased from ₱16.92 trillion in May and was 11 percent higher than the ₱15.48 trillion recorded in June last year.
The Treasury attributed the month-on-month increase to “strong investor demand for government securities,” driving up the country’s domestic borrowings.
Domestic debt reached ₱11.95 trillion, up 1.4 percent from May, while external debt rose by 3.5 percent to ₱5.32 trillion.
Despite the uptick, the Treasury maintained that the debt level remains manageable.
“The national government’s prudent debt management strategy reflects the Marcos Jr. administration’s commitment to safeguarding fiscal sustainability, supporting inclusive growth, and ensuring that every peso borrowed is used to build a stronger economy for the Filipino people,” it said.
