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[In This Economy] Brace yourselves for more deficits, debt :
[In This Economy] Brace yourselves for more deficits, debt :
[In This Economy] Brace yourselves for more deficits, debt
Government owes retired MUPs about P5.58 trillion worth of pensions – that's nearly as large as the proposed budget for the entire government in 2024. This will surely contribute to the country's already colossal deficit and debt.
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