Finance Secretary Benjamin Diokno said over the weekend the implementation of prudential measures would help bring down the government’s debt-to-GDP ratio below 60 percent.
The...
A faster economic expansion will be a factor that will narrow the budget deficit and reduce the debt-to-GDP ratio, an economist said Thursday.
Rizal Commercial...
The Department of Finance said over the weekend it expects the country’s debt-to-GDP ratio to stabilize as pandemic-related spending winds down.
It said in an...
"Increased economic activities, along with a manageable debt level, will depend on how soon the Philippines can contain COVID-19 and reach herd immunity."
Increased domestic...