By Beatriz Marie D. Cruz, Reporter
THE NATIONAL Government’s (NG) outstanding debt jumped to a fresh high of P15.48 trillion as of end-June, reflecting the impact of the peso depreciation against the US dollar, the Bureau of the Treasury (BTr) said.
Data from the BTr on Tuesday showed that outstanding debt inched up by 0.9% to P15.48 trillion as of end-June from P15.35 trillion as of end-May.
Year on year, the debt stock increased by 9.4% from P14.15 trillion a year ago.
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