Philippines: Pandemic costs bloat gov’t debt to new record-high in March
MANILA, Philippines — The government continued to accumulate more debt in March to a new record-high, as the country’s needs amid the lingering coronavirus pandemic grow. What’s new The state’s total outstanding debt climbed 3.5% month-on-month to P10.77 trillion as of the first quarter, the Bureau of the Treasury reported Monday. The uptick means P368 […]
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