Govt debt hits new record high of P15.48T

Jul 31, 2024 12:35 am

A WEAK peso continued to weigh on the national government's (NG) outstanding debt, which ballooned to a new record high of P15.48 trillion in June.

A total of P135.90 billion was added to the debt tally from May's P15.35 trillion, the Treasury bureau reported on Tuesday, and the count was also P1.3 trillion higher than year-earlier P14.15 trillion.

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