debt per family

National government outstanding debt as of July 2022

September 12, 2022

Amid 2023 national budget deliberations, the Marcos government proposes that a huge chunk goes to debt servicing. But the country’s bloated debt has not improved the lives of ordinary Filipinos.

National government outstanding debt as of May 2022

July 18, 2022

The country’s outstanding debt has hit record-levels. Did the pandemic really cause this or was this due to government’s policy missteps?

Duterte’s Borrowing Binge (as of March 2022)

May 6, 2022

The Duterte administration leaves behind the biggest debt burden on the FIlipino people since the Marcos dictatorship.

Duterte’s Borrowing Binge

December 22, 2020

Php92,190 DEBT PER FILIPINO. Government’s outstanding has reached a whopping Php10 trillion so far under the Duterte administration as of October. With a 108.8 million population and 24.7 million families, each Filipino in effect owes Php92,190 and each Filipino family owes Php405,636. Half of families earn Php22,000 or less monthly – which means that the […]