PH can cut debt-to-GDP ratio to below 60%

PH can cut debt-to-GDP ratio to below 60% – DoF

By Reina C. Tolentino

Aug 11, 2023 12:23 am

The House of Representatives started deliberations on the proposed P5.768-trillion 2024 national budget with a briefing on Thursday by members of President Ferdinand Marcos Jr.'s economic team comprising the Development Budget Coordination Committee (DBCC).

Finance Secretary Benjamin Diokno said during the briefing that to 'ensure a sound fiscal management,' the DoF, together with the economic team, has set the Medium-Term Fiscal Framework (MTFF) targets.

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