NG debt balloons to record P15.18T
Read this in The Manila Times digital edition. THE national government’s outstanding debt hit a new high of P15.18 trillion in February and is now P1.43 trillion more than it was a year earlier, the Bureau of the Treasury reported on Wednesday. A total of P388.51 billion was added from January, the Treasury said in […]
Tomas Kauer - News Moderator 
Read this in The Manila Times digital edition.
THE national government’s outstanding debt hit a new high of P15.18 trillion in February and is now P1.43 trillion more than it was a year earlier, the Bureau of the Treasury reported on Wednesday.
A total of P388.51 billion was added from January, the Treasury said in a statement, primarily due to domestic debt issuances that were partially tempered by the effect of the stronger peso on the valuation of foreign debt.
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