Philippines: Debt-to-GDP ratiorises to 38% in Q1
MANILA, Philippines — The share of the consolidated general government (GG) debt to gross domestic product (GDP) rose to 38 percent in the first quarter from 36 percent as of end-2018, the Department of Finance (DOF) reported yesterday. According to data from the DOF, general government debt as of end-March amounted to P6.7 trillion, 7.1 […]
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