Philippines: Debt soars to record P11.64 trillion
MANILA, Philippines — The country’s total debt soared to a new record high of P11.64 trillion in August as government piled up more than P2 trillion in new debts over the past 12 months, the Bureau of the Treasury (BTr) said yesterday. The BTr said the debt pile jumped by over 21 percent from P9.61 […]
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