Government debt payments ease 4% in NovemberLatest data from the Bureau of the Treasury showed that the government cut its debt payments by four percent to P89.97 billion in November 2025 from P93.7 billion a year ago. MANILA, Philippines — The national government’s debt servicing eased in November 2025, largely due to a substantial reduction in amortization payments which offset the increase in interest payments on both domestic and external obligations. About 86 percent of the debt service pile consisted of interest payments, amounting to P77.29 billion for the period. Interest payments on domestic debt increased by 16.2 percent to P56.88 billion, up from P48.93 billion recorded in the same period in 2024, reflecting higher servicing costs for locally sourced borrowings. In November, external interest payments declined by 15.2 percent to P20.41 billion from P17.72 billion recorded in November 2024.

Source: Philippine Star January 04, 2026 16:39 UTC