The country risks an economic "heart attack" if lawmakers are unable to reel in the national debt, warns one hedge fund ...
President Donald Trump has pursued a radical overhaul of the U.S. government since taking office on January 20, aiming to ...
AS the Philippines wrapped up 2024 with a staggering P16.051 trillion in outstanding debt—representing 60.7 percent of the country’s GDP—concerns regarding the sustainability of this financial ...
MANILA, Philippines – The Philippines’ national debt pile grew 9.8% to P16.05 trillion in 2024 amid a weaker peso and additional financing taken on by the national government, data from the Bureau of ...
War-torn countries, those with high levels of debt and U.S. allies such as Jordan have the most to lose if the United States ...
THE NATIONAL Government’s (NG) outstanding debt hit P16.05 trillion at the end of 2024 amid higher debt issuances and a stronger dollar, the Bureau of the Treasury (BTr) reported on Tuesday. Data from ...
The U.S. Constitution gives Congress authority over spending matters, and Democrats argue that Trump does not have the ...
Billionaire investor Ray Dalio warned the US has three years to reduce its fiscal deficit or risk a debt crisis. The national ...
Likewise, Ricafort said that the weaker peso exchange rate versus the US dollar “by about 14% since ... slightly above the government’s target of 60.6% for 2024. Debt-to-GDP ratio measures the amount ...