The Philippine national government debt’s stock increased by 0.4 percent to reach a new record high, pegged at P13.75 trillion at end-February, representing an additional P54.3 billion that month, according to the Bureau of the Treasury. /PDI
MANILA -The Philippine national government debt’s stock increased by 0.4 percent to reach a new record high, pegged at P13.75 trillion at end-February, representing an additional P54.3 billion that month, according to the Bureau of the Treasury.
In February, local debt increased by 0.6 percent or P57.2 billion to P9.44 trillion mainly because the government’s new borrowings were more than the payments made that month.For the same reason, foreign debt increased by 0.1 percent or P21.2 billion to P4.31 trillion. Also in February, obligations guaranteed by the national government decreased by 1.7 percent or P6.64 billion to P378.2 billion as repayments surpassed fresh inflows.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Blackpink conquers Philippine ArenaThe Philippine Arena in Bocaue, Bulacan was a sea of black and pink outfits as Jisoo, Jennie, Rosé, and Lisa performed for their Filipino fans again on Saturday for Day 1 of Blackpink World Tour [Born Pink] Manila (Bulacan).
Read more »
Honda Cars Philippines Names New President | CarGuide.PH | Philippine Car News, Car Reviews, Car Prices
Read more »
7 women who made Philippine historyFromOurArchives: In celebration of women’s month, Rappler highlights 7 Filipinas whose stories should be remembered.
Read more »
DMW: 35 Filipino fisherfolk subjected to forced labor in Namibia | Philippine News AgencyThe Department of Migrant Workers (DMW) has asked the Department of Justice (DOJ) and the Inter-Agency Council Against Trafficking (IACAT) to investigate the alleged labor trafficking of 35 Filipino fisherfolk to Namibia. The fisherfolk were allegedly deployed by Philippine manning firms TriOceanic Manning & Shipping Inc. and Diamond H Marine…
Read more »
Tour operators, hotels group tie up to boost inbound travel | Philippine News AgencyTwo of the country’s biggest tourism groups joined forces for a business-to-business fair to boost domestic and inbound tourism. From March 28 to 29, the Philippine Tour Operators Association (PHILTOA) and the Hotel Sales and Marketing Association (HSMA) would host 87 sellers and 105 buyers in the 2023 Travel Exchange…
Read more »