Heavy amortizations swelled government debt repayments in January 2026 

MANILA, Philippines — The national government’s debt service burden ballooned in January after a nearly fourfold jump in amortization payments, compounded by rising interest costs. According to the Bureau of the Treasury (BTr), the state’s debt service bill surged 29.2 percent to P137.69 billion at the start of the year. The spike reflected a whopping 392.5-percent