Philippines: NG debt up 1.8% to P6.09 T as of Aug
The outstanding debt of the national government breached the P6-trillion mark for the first time in end-September due to the weakening of the peso against the dollar, the Bureau of the Treasury said. The government’s debt stock as of end-September hit P6.09 trillion up 1.8 percent from end-August. Since end-2015, debts already rose 2.2 percent […]
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