Govt debt hits P7.73T at end-2019
Credit to Author: Mayvelin U. Caraballo, TMT| Date: Wed, 29 Jan 2020 16:30:53 +0000
THE outstanding debt of the national government rose to P7.73 trillion at the end of 2019, primarily due to net availments and exchange rate adjustments, but its share to the economy improved, the Bureau of the Treasury (BTr) reported on Wednesday. In a statement, the BTr said the amount was a 0.3-percent or P21.64-billion increase […]
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