Gov’t debt inches up to P15.35T in May

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5 months ago

Government debt rose to P15.35 trillion as of end-May mainly due to the weakening of the local currency against the greenback, the Bureau of the Treasury (BTr) said on Thursday. The BTr showed that total state obligations increased by P330.39 billion in May, up by 2.2 percent from the previous month. Compared with a year

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