Govt debt reaches P12.89T end-July

By Ed Paolo Salting

Sep 04, 2022 12:15 am

THE Bureau of the Treasury (BTr) announced on Saturday, September 3, that the national government's total outstanding debt reached P12.89 trillion at the end-July 2022 level, up by 9.9 percent from the beginning of the year.

According to the agency's data, the additional P96.09 billion (0.8 percent) in debt starting from the end of June 2022 was due to additional local and foreign borrowings as well as currency adjustments.

Bureau of the Treasury

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