The Philippine national government debt’s stock increased by 2 percent to reach yet another record high of P13.7 trillion at end-January, representing an additional P280 billion that month, according to the Bureau of the Treasury. In January, local debt increased by 1.9 percent or P176.55 billion to P9.38 trillion mainly because the government’s new borrowings … Continue reading Philippines’ debt stock rose to new high of P13.7T in January