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August 2024 government borrowings up 40%

By Inquirer - 2 months ago
Gross borrowings of the Marcos administration went up in August as the government sourced more from the domestic market. Data from the Bureau of the Treasury (BTr) showed the combined gross domestic and external borrowings of the government amounted to P174 billion in August, up by 40.3 percent from last year’s P124.05 billion. The state’s

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