National debt surpasses P16 trillion mark

New high: Gov’t debt stock hits P16-T mark
The total outstanding debt of the government crossed the P16-trillion mark in October, equivalent to about 60.3 percent of the local economy, as a weak currency bloated the peso value of foreign liabilities.
Economy can outgrow debt despite P16-trillion load–DOF
PHILIPPINE outstanding debt exceeding the P16-trillion mark recently is not a cause for concern as the economy is on track to outgrow its debt, according to Finance Secretary Ralph G. Recto. “We are on track.
National debt surpasses P16 trillion mark in October
The peso’s depreciation pushed the country’s debt to breach the P16-trillion mark in October, a new record high in outstanding obligations, the Bureau of the Treasury (BTr) said. Latest data from the Treasury showed that the national debt settled at P16.
PH debt surges to P16.02 trillion in October
THE Philippine government’s outstanding debt surged to P16.02 trillion by the end of October 2024, reflecting a 0.8 percent increase or an a
End-October debt exceeds ₱16 trillion as peso weakens
THE weakening of the Philippine peso has pushed the national government’s outstanding debt to breach the P16-trillion mark as of the end of October 2024. Latest data from the Bureau of the Treasury (BTr) showed the government’s outstanding debt reached P16.
NG debt reaches record P16 trillion
THE NATIONAL GOVERNMENT’S (NG) outstanding debt inched up to a fresh high of P16.02 trillion as of end-October amid the peso’s depreciation against the US dollar, the Bureau of the Treasury (BTr) said.
PH Government Debt Hits New Record-High P16 Trillion Mark
PH GOVERNMENT DEBT - The Bureau of Treasury (BTr) said the Philippine government debt has reached the P13 trillion mark.
Philippines debt hits P16 trillion as of end-October 2024
The Philippine government’s total outstanding debt passed the P16-trillion mark in October, due mainly to the impact of the depreciation of the peso against the US dollar, government data released on Tuesday showed.
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