PH debt rose to fresh peak of P19.39T in July

Inquirer.net 5 h

Philippines

PH debt rose to fresh peak of P19.39T in July — Sources: Inquirer.net

MANILA, Philippines — The national government’s outstanding debt swelled to another all-time high in July, nearly hitting the ceiling set for this year amid fresh borrowings and the continued depreciation of the peso. Latest data from the Bureau of the Treasury (BTr) showed that the Philippine debt stock rose to P19.39 trillion as of end-July, already

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PH debt rose to fresh peak of P19.39T in July

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