The Philippine government’s total outstanding debt reached ₱19.065 trillion at the end of June, the Bureau of the Treasury (BTr) reported.
The latest figure was ₱518.98 billion higher than the ₱18.546 trillion recorded at the end of May. It also exceeded the ₱17.267 trillion posted in June 2025.
According to the BTr, the increase was primarily driven by additional borrowings from both domestic and foreign sources to finance the government’s development programs.
Of the total outstanding debt, ₱12.837 trillion consisted of domestic debt, or borrowings sourced within the country.
Meanwhile, ₱6.227 trillion represented external debt, or obligations owed to foreign lenders.
The Bureau of the Treasury said the additional financing was secured to support the implementation of government development initiatives.
The latest debt data showed that domestic borrowings continued to account for the larger share of the national government’s outstanding obligations, while external debt made up the remaining balance.
The Treasury regularly releases updates on the country’s debt position as part of its monitoring of the national government’s financial obligations.
The June report showed that the increase in outstanding debt was attributed to the government’s continued borrowing from local and foreign sources to fund development programs.
