Govt debt eases to P7.86T in June

THE national government’s outstanding debt fell to P7.868 trillion in June due to net repayments of both domestic and foreign loans and foreign-exchange fluctuations, the Bureau of the Treasury (BTr) reported on Friday.

In a statement, the Treasury bureau said the amount was a 0.6-percent or P46.894-billion decrease from May’s P7.915 trillion.