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Low peso, net financing raise 4-month debt to P15 trillion | Reine Juvierre S Alberto

Low peso, net financing raise 4-month debt to P15 trillion | Reine Juvierre S Alberto
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NG debt up 7 71% to P14 9T as of 2024 Q1 s end | Reine Juvierre Alberto

THE national government has reported an outstanding debt of P14.925 trillion as of the end of the first quarter of 2024, higher by 7.71 percent, or P1.068 trillion, year-on-year from P13.856 trillion in 2023, according to the Bureau of the Treasury. Latest data from the Treasury showed the government’s outstanding…

Walter eric sy dreamstimeDepartment of financeBureau of the treasuryDevelopment budget coordination committeeJapanese yen bondsIslamic certificatesPeso global bonds

Government s end-February debt hits new high of ₱15 trillion

THE national government’s outstanding debt as of end-February this year reached a new record high of P15 trillion, up by 10.37 percent from the P13.752 trillion reported in the same month last year, according to the Bureau of the Treasury. The Treasury on Wednesday reported that the national government’s (NG)…

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