PH debt surpasses P17 trillion in June 2025

The Philippine government’s total outstanding debt surpassed the P17-trillion mark in June as the administration issued securities during the month, data released by the Bureau of the Treasury (BTr) on Wednesday showed.

The total outstanding debt stood at P17.267 trillion as of end-June, up 2.1% from P16.918 trillion in May, and 11% higher than the P15.483 billion in June 2024.

The BTr attributed the increase to “strong investor demand for government securities,” with P11.950 trillion worth of domestic borrowings during the month—P886.478 billion in treasury bills, and P11.063 trillion in treasury bonds.

“This strategy is consistent with the government’s goal to boost the local capital market while lowering foreign exchange risks and building investor trust in Philippine-issued securities,” the BTr said in an accompanying statement.

External debt stood at P5.316 trillion, marking a 3.5% increase from the P5.138 trillion in the previous month. This includes P2.602 trillion in loans, and P2.714 trillion in external debt securities.

“The national government’s prudent debt management approach 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,” the BTr said. — BM, GMA Integrated News