MANILA TIMES: National debt rises to P5.45 trillion August 16, 2013
The debt of the national government (NG) rose to P5.4 trillion as of end-June 2013, which is 1.6 percent, or P87 billion higher from the previous month's level. Data from the Bureau of Treasury (BTr) showed that of the total debt, P1.95 trillion, or 35.8 percent, was from foreign creditors while P3.5 trillion, or 64.2 percent, was sourced from domestic creditors.
The debt of the national government (NG) rose to P5.4 trillion as of end-June 2013, which is 1.6 percent, or P87 billion higher from the previous month's level. Data from the Bureau of Treasury (BTr) showed that of the total debt, P1.95 trillion, or 35.8 percent, was from foreign creditors while P3.5 trillion, or 64.2 percent, was sourced from domestic creditors.
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