Govt debt drops to P12.50T

By Mayvelin U. Caraballo

Jul 02, 2022 12:17 am

(UPDATE) THE government's outstanding debt dropped by P267.41 billion to P12.50 trillion at the end of May, the Bureau of the Treasury (BTr) reported on Friday.

The bureau attributed the decline to the payback of provisional advances from the Bangko Sentral ng Pilipinas (BSP).

Bureau of the Treasury

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