THE NATIONAL GOVERNMENT’S (NG) outstanding debt is projected to hit a record P17.35 trillion at the end of 2025, the Department of Budget and Management (DBM) said.
The 2025 Budget of Expenditures and Sources of Financing showed the NG’s debt stock is expected to increase by 8.08% from the projected P16.06-trillion debt at the end of 2024.
The bulk will come from outstanding domestic debt, which is expected to rise by 9.64% to P11.98 trillion by end-2025 from P10.92 trillion by yearend.
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