NG debt hits record P16.8 trillion at end of April - BusinessWorld Online

Gov't debt hit record P16.75T in April

MANILA, Philippines – The government’s outstanding debt slightly picked up in April to fresh record high of P16.75 trillion, as a stronger peso significantly offset the effect of additional borrowings. READ: Government debt hits P16.68 trillion in March Latest data from the Bureau of the Treasury (BTr) showed state liabilities had gone up by 0.41

NG debt hits record P16.75T

THE national government's (NG) total outstanding debt reached a new record high of P16.75 trillion in April, the Bureau of the Treasury (BTr) reported on Tuesday.

NG debt hits record P16.8 trillion at end of April - BusinessWorld Online

By Aubrey Rose A. Inosante, Reporter THE NATIONAL GOVERNMENT’S (NG) outstanding debt rose to a record P16.75 trillion in the first four months amid a modest uptick from March that was tempered by a strong peso, according to the Bureau of the Treasury (BTr). Treasury data showed that outstanding debt inched up 0.41% or P68.69 billion from end-March. Year on year, the debt rose 11.56%. “The uptick was minimized by the significant appreciation of t…

People Are Watching the US Debt clock as it moves to record levels

So many things have change since Donald Tump became president and borrowing is at record levels. Are US policies now on self destruct mode.