NG debt reaches record P16 trillion




THE NATIONAL GOVERNMENT’S (NG) outstanding debt inched up to a fresh high of P16.02 trillion as of end-October amid the peso’s depreciation against the US dollar, the Bureau of the Treasury (BTr) said. Data from the BTr on Tuesday showed that outstanding debt went up by 0.8% or by P126.95 billion to P16.02 trillion as […]



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