THE national government ended the year 2021 with a debt of P11.73 trillion, which worsened the share of the country's obligations to its overall economic output.

The end-December 2021 amount was down 1.7 percent, or P203.27 billion, from the end-November's P11.93 trillion "primarily due to the net redemption of domestic securities," the Bureau of Treasury (BTr) said in a statement on Tuesday.

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