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Tag: debt

  • Finance Sec Benjamin Diokno
    Categories FACT CHECK NED FC

    VERA FILES FACT CHECK: Diokno’s outlook on debt-to-GDP ratio runs counter to that of Marcos

    By VERA Files  |  Aug 18, 2023 10:21 AM

    The day before the briefing, Marcos had raised his concern over the country’s debt-to-GDP ratio before members of the United States-Association of Southeast Asian Nations Business Council.

    Benjamin Diokno, DBCC, debt, Department of Finance, economy, Ferdinand "Bongbong" Marcos, GDP

  • SONA 2022 PROMISE TRACKER: ECONOMY
    Categories SONA 2022 Promise Tracker

    SONA 2022 PROMISE TRACKER: ECONOMY

    By Nica Rhiana Hanopol and Valerie Nuval  |  Jul 17, 2023 8:00 AM

    One year into office, President Ferdinand Marcos Jr. is yet to deliver “substantial” progress on his promises to improve the Philippine economic situation. But the administration’s economic managers stay optimistic that the country “remains firmly on track” toward post-pandemic recovery.

    debt, economy, Ferdinand "Bongbong" Marcos, GDP, inflation, Maharlika Investment Fund, poverty, SONA 2022, SONA promise tracker

  • VERAfied: Marcos’ claim on decreasing gov’t debt misleads
    Categories FACT CHECK NED FC

    VERA FILES FACT CHECK: Marcos’ claim on decreasing govt debt misleads

    By VERA Files  |  Mar 17, 2023 2:27 PM

    The figures are referring only to gross borrowings or new debt that the government has incurred.

    debt, economy, Ferdinand "Bongbong" Marcos

  • Categories FACT CHECK Fact Sheet NED FC

    VERA FILES FACT SHEET: Is the Philippine debt still ‘manageable’?

    By VERA Files  |  Jan 17, 2023 2:44 PM

    The COVID-19 pandemic forced the government to borrow at the historic level of P3.2 trillion to manage the unprecedented health and economic crises that included providing stimulus packages for small businesses, unemployment benefits, incentives and financial assistance for health and other essential workers.  The national debt in 2021, a year after the pandemic hit, reached […]

    Bangko Sentral ng Pilipinas, borrowing, Bureau of the Treasury, COVID-19, debt, Department of Finance, Ferdinand "Bongbong" Marcos, GDP, loan, Pandemic, Philippines

  • Categories Fact Check Filipino

    VERA FILES FACT SHEET: ‘Mapapamahalaan’ pa ba ang utang ng Pilipinas?

    By VERA Files  |  Jan 17, 2023 2:44 PM

    Sa simula ng 2023, iniulat ng isang international debt watcher na ang Pilipinas ay kabilang sa ilang mga bansa na makakakita ng pagbaba sa kanilang debt stock “ng ilang percentage points” batay sa inaasahang mataas na nominal GDP growth.

    Bangko Sentral ng Pilipinas, borrowing, Bureau of the Treasury, COVID-19, debt, Department of Finance, Ferdinand "Bongbong" Marcos, GDP, loan, Pandemic, Philippines

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