Nat’l debt hits record P14.1 trillion READ MORE:
due to the weaker peso against the greenback and the borrowings incurred by the government to fund its budget deficit, the Bureau of the Treasury said Tuesday.
Of the total debt stock, 32 percent was sourced externally while 68 percent came from domestic borrowings. Year-to-date, domestic debt has increased by P380.13 billion or 4.1 percent. On the other hand, external debt amounted to P4.51 trillion, P54.73 billion or 1.2 percent higher than the previous month.
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