National debt surpasses P16 trillion mark

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.
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.
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
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.
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.
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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