Friday, 04 September 2026
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Philippines News from Philippines · WORLD EUROS
Nº 55 Friday, 04 September 2026
National

Fiscal discipline urged as govt debt hits record high

Fiscal discipline urged as govt debt hits record high
Sources: The Manila Times

SENATE President Win Gatchalian on Friday called for stricter fiscal discipline and greater transparency in government spending as the country’s outstanding debt reached a record high in July. Gatchalian said the rising debt level underscored the need to ensure that government borrowings bring long-term and tangible benefits for the economy and the people. He urged government agencies respon

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