2 weeks Gov’t debt burden swells to P 6.44T Inquirer |Biz
As the government borrows more locally, the amount of outstanding IOUs it issued as of September rose to a new high of P6.44 trillion. The latest Bureau of the Treasury data on Tuesday showed that outstanding bonds further increased to P5.56 trillion last month from P5.54 trillion in August. Outstanding short-dated bills also inched up […] The post Gov’t debt burden swells to P 6.44T appeared first on Inquirer Business. ... more