Debt servicing tops P1T as of end-April

THE national government's debt service bill breached the P1-trillion mark in the first four months of 2026 as principal repayments surged. Bureau of the Treasury (BTr) data showed that debt service payments ballooned to P1.052 trillion in January to April, 68.9-percent higher than the P622.921 billion seen in the same period last year. Debt service refers to payments made by the government to settle both interest and principal obligations on its outstanding debt. The January-April increase was l