Impact of Government Debt in the Private Investment on the Selected Southeast Asian Country

The study aims to identify and examine the impact of government debt to the private investment in the selected Southeast Asian Country by the year of 2000 to 2021. The dependent variable corresponds to the private investment measured through gross fixed capital formation in Singapore, Malaysia, and Philippines and the independent variable of this study is the government debt. This study made use of secondary data from the World Bank. This study included the years 2000 to 2021. The researcher used graphical representation, descriptive test and underwent lots of tests to test the significance of each of the variables and its status. The researcher used graphical analysis in presenting, interpreting, and analyzing the trend of private investment and government debt. The research also used simple regression to determine the responsiveness of the relationship of government debt to private investment. On the other hand, the best model based on regression result was subjected to normality, heteroskedasticity, chow-break point, autocorrelation, and multicollinearity tests. Based on the findings of the study, according to the deemed most accurate regression model, probability value of 0. 0001 in the impact of government debt on private investment, which implies that government debt is significant to the private investment. In the lights of the findings, the researcher recommend policies to governments must implement policies aimed at streamlining and simplifying regulations, reducing administrative burdens, and enhancing the overall efficiency of regulatory processes for private investment