NG debt hits P13.42T

Feb 03, 2023 12:28 am

Peso gains help limit rise; debt-to-GPP ratio improves

THE national government ended 2022 owing a total of P13.42 trillion, the Treasury bureau reported on Thursday, 14.4 percent higher than the previous year's P11.73 trillion.

The amount, however, was lower than the P13.64 billion recorded at the end of November due to the strengthening of the peso and as the government paid off some of its debt.

Finance Secretary Benjamin Diokno File Photo

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Peso gains help limit rise; debt-to-GPP ratio improves

Related Articles

Outstanding NG debt slightly lower at P15.55T

PH manufacturing sees growth surge

Net hot money flows plummet in August

BSP: Sept inflation likely fell to 2.0-2.8%

US Fed 'not in a hurry' to cut rates

Ekklesia Mutual Fund Inc. announces annual stockholders' meeting

Solidaritas Fund Inc. gives notice of annual stockholders' meeting