Latest Fiscal Focus news and analysis.
The government's outstanding debt rose to ₱18.55 trillion at the end of May, as higher domestic borrowings more…
July 6, 2026
Fitch Ratings cut its 2026 outlook for the Philippine banking sector to deteriorating from neutral, citing expectations that…
June 25, 2026
The country’s outstanding external debt remained at manageable levels, ticking down to $147.35 billion in the first quarter…
June 14, 2026
The Bangko Sentral ng Pilipinas lifted its benchmark interest rate by 25 basis points to 4.5% on Thursday,…
April 23, 2026
S&P Global Ratings has lowered its outlook on the Philippines to "stable" from "positive," signaling that a credit…
April 9, 2026
The government’s outstanding debt rose to P18.16 trillion as of end-February 2026, supported by higher domestic borrowing even…
April 1, 2026
The Bangko Sentral ng Pilipinas (BSP) said it remains "data-driven" as it monitors the impact of the ongoing…
March 18, 2026
Philippine National Bank chairman Edgar A. Cua purchased additional shares in the lender worth around P1.54 million.
March 11, 2026
The government’s gross borrowings reached a record ₱2.65 trillion in 2025, as the Philippines leaned heavily on domestic…
March 9, 2026
East West Banking Corp. CEO Jerry G. Ngo increased his position in the Gotianun-led lender, acquiring approximately P1.07…
March 9, 2026
The euro stumbled to a 17-month low against the dollar on Monday as concerns about France's ability to tame its…
October 6, 2026
The US government is paying more to borrow, and it is running out of easy ways to rein in its…
October 6, 2026
The euro slid to a 17-month low against the dollar on Monday as concerns about France's ability to rein in…
October 6, 2026
BSP Governor Eli Remolona Jr. called gold a “very poor investment.” But in 2025, the gold BSP kept became ₱456…
October 5, 2026
MUFG Bank has tapped veteran banker Kenjiro Horikawa to lead its Philippine business, bringing back an executive who has spent…
October 5, 2026
The Philippine International Convention Center (PICC) relied heavily on parent Bangko Sentral ng Pilipinas for funding in 2025 as its…
October 5, 2026