AS of October, the national government’s debt stood at P17.56 trillion, a worrisome development in the country’s long-term economic health. The surge was driven not only by continued borrowing, but also by the peso’s depreciation against the US dollar. From an accountant’s vantage point, the current trajectory raises urgent questions about fiscal sustainability, economic stability, and public welfare. A huge national debt translates into real consequences for government capacity, public...

LAST month, a barangay in Central Luzon was again knee-deep in water. It was déjà vu for residents: the floodwaters came fast, drainage...

WHEN people think of accountants, they often picture them with heads buried in spreadsheets, crunching numbers, preparing financial...