The National Government’s outstanding debt reached a record P13.75 trillion as of end-February. — REUTERS/THOMAS WHITE/ILLUSTRATIONBy Keisha B. Ta-asan, ReporterTHE NATIONAL Government’s (NG) outstanding debt hit a record-high P13.75 trillion as of end-February as domestic borrowings increased, the Bureau of the Treasury (BTr) said on

Laborers work at a construction site in Manila, Philippines, Nov. 17, 2016. — REUTERS/CZAR DANCELSTATE SPENDING on infrastructure rose by 13.4% in 2022, as the government ramped up public works and transportation-related projects.According to the Department of Budget and Management (DBM), infrastructure and other capital

SEVERAL former government officials are opposing the plan to merge Landbank of the Philippines (LANDBANK) with the Development Bank of the Philippines (DBP), saying it will further disenfranchise farmers and other agriculture stakeholders.“Farmers, bank employees and other stakeholders are seriously concerned about this decision, which