PH debt seen to hit new high of P14.63T  by end-2023

The government is scheduled to repay a record P1.6 trillion in debt next year — its highest yearly debt servicing on record. Also, the national government’s outstanding debt will further increase to a new high of P14.63 trillion by the end of 2023 or the Marcos administration’s first full-year in office, despite slightly lower borrowings … Continue reading PH debt seen to hit new high of P14.63T  by end-2023