Govt debt dips further in Oct

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Fri, 29 Nov 2019 08:35:33 +0000

THE national government’s outstanding debt dipped further to P7.906 trillion in October because of a stronger peso, the Bureau of the Treasury (BTr) announced on Friday.

In a statement, the Treasury said the amount was a 0.02-percent or P1.60 billion decrease from September’s P7.907 trillion.

“Of the total debt stock, 32.90 percent are external debt while 67.10 percent are domestic debt,” it added.

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