4 months Govt debt eases to P7.78T in April Manilatimes |Biz
THE national government’s outstanding debt eased to P7.786 trillion in April as the peso strengthened during the month, the Bureau of the Treasury (BTr) reported on Thursday. In a statement, the Treasury bureau said the amount was a 0.2-percent or P15.447-billion decrease from March’s P7.802 trillion. “Of the total stock, 33.2 percent were sourced from external markets, while 66.8 percent were owed to domestic creditors,” it added.Advertisements
Domestic borrowings totaling P5.205 trillion — up 0.2 percent from the previous month — accounted for the bulk, while external debt fell by 0.9 percent to P2.581 trillion. Outstanding debt the ... more