PH debt now at P13.86T

Commuters wait for a ride under the sweltering heat along Elliptical Road in Quezon City (PNA photo by Joan Bondoc)

The national government’s total outstanding debt is now at P13.86 trillion as of end-March, according to the Bureau of Treasury (BTr).

Based on the latest data from BTr, the Philippine debt grew by over P104 billion in March.

A big chunk of the total debt stock was domestic borrowings which rose by P71 billion to P9.1 trillion.

Meanwhile, external debt during the month of March also went up by P33.15 billion to P4.34 trillion. GB/PTV News-ag

Popular

PBBM hails Presidential Air Wing for nearly six decades of service to the nation

By Dean Aubrey Caratiquet After navigating a jam-packed itinerary in Central Luzon, President Ferdinand R. Marcos Jr. rounded off his Wednesday engagements with an attendance...

PBBM eyes more concrete measures to address effects of climate change

By Dean Aubrey Caratiquet As climate change makes its presence felt in various countries, especially the Philippines, President Ferdinand R. Marcos Jr. has shifted his...

PBBM to LGUs: Observe firm implementation of ‘no-build zones’ to address flooding woes

By Dean Aubrey Caratiquet As the enhanced southwest monsoon (habagat) continues to shed light on long-neglected matters, President Ferdinand R. Marcos Jr. made it clear...

PBBM vows stronger ties in meeting with Nigerian ambassador

By Dean Aubrey Caratiquet Expanding the scope of the Philippines’ international relations beyond its usual trading partners, President Ferdinand R. Marcos Jr. expressed his commitment...