Philippine Debt Stock Projected to Hit P19T by End of 2026, Report States
What happened
During the 48th Catholic Mass Media Awards, a report co-written by Philippine Daily Inquirer colleagues won Best News Coverage. The report, titled “Debt service eats up biggest slice of budget pie,” projected that the Philippines' debt stock could reach P19T by the end of 2026. Additionally, six UST Journalism students won Best Investigative Report for their story, “A feast without a catch: Why fishing is no longer Angono’s economic lifeblood.”
From varsitarian.net
Why it matters
The projection regarding the national debt stock provides insight into the country's fiscal health. The report highlights that debt service consumes a significant portion of the budget pie, which is a key indicator for economic stability and government spending capacity.
From varsitarian.net
Who's involved
- USTUST students won multiple awards, including Best Investigative Report.
- Philippine Daily InquirerPhilippine Daily Inquirer colleagues co-wrote the winning news coverage report.
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The entities involved
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UST
American technology company
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Philippine Daily Inquirer
broadsheet newspaper in the Philippines