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PH debt-to-GDP ratio still not at alarming level

PH debt-to-GDP ratio still not at alarming level
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PH debt-to-GDP ratio still not at alarming level

DEBT-TO-GDP RATIO. The country's debt-to-GDP ratio improved to 60.9 percent as of end-2022. Deputy Treasurer Erwin Sta. Ana said Friday (Feb. 3, 2023) the ratio is not considered to be an alarming level given the strong economic fundamentals. (PNA file photo) MANILA - The share of the country's total liabilities to gross domestic product (GDP) has declined to 60.9 percent by end-2022 but it is not considered to be an alarming level given the strong economic fundamentals, Deputy Treasurer Erwin Sta. Ana said Friday. In an interview during the Laging Handa public briefing, Sta. Ana said the country's debt-to-GDP ratio has improved from the 17-year high 63.7 percent at the end of the third quarter of 2022, which is above the 60 percent international threshold. He attributed the improvement to the recovery of the domestic economy, higher government's revenue collections and payment of some of the government's liabilities, among others. Sta. Ana said the domestic economy ....

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Government raises ₧20.83M after selling seized luxury cars; no bidders still for other 2

THE government raised P20.83 million from its sale last Wednesday of two seized luxury cars. The two sold cars 2008 Ferrari Scuderia 430 and 2006 Lamborghini were the most expensive among the four luxury vehicles that were up for auction. After several failed biddings, the used 2008 Ferrari Scuderia 430 was… ....

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Gov't, private sector deepen capital markets

The government and the private sector continued to take advantage of digital technologies to make it easier and more convenient for small investors and businesses to participate in the capital markets.

During a recent Capital Market Development Council (CMDC) meeting, the Bureau of the Treasury, ....

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PDS Group prepares cybersecurity measures for e-SIP for secondary market

PDS Group prepares cybersecurity measures for e-SIP for secondary market
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