National Government's gross borrowings rose 22% in February, reaching P419.97B, with 98.9% sourced domestically.
The National Government's gross borrowings rose 22% in February, reaching P419.97B, with nearly all borrowings (98.9%) sourced domestically. Domestic gross debt increased by 26.7% to P415.23B, while external debt fell by 70% to P4.741B. The government's total gross borrowings jumped from P343.625B in February 2023.
April 14, 2024
3 Articles