The country’s total debt in July increased by P444.43 billion or 4 percent from June due to the peso’s depreciation and as the national government borrowed more money from both foreign and local lenders, Treasury said.
Domestic debt amounted to P8.12 trillion, which is P181.04 billion or 2.3 percent higher compared to the end-June 2021 level as a result of the net issuance of government securities. 21.28 percent from the beginning of the year owing to heightened financing requirements. Increased borrowing from foreign lenders added P159.34 billion, including P146.17 billion from the issuance of US dollar global bonds.
The Philippines has been borrowing heavily to finance its COVID-19 response as well as the Duterte administration's ambitious infrastructure program.
Eto bang issue na ito na iintindihan ng DDS? Alam ba nila ang epekto sa buhay ng mga Pinoy? Malamang hindi.
Ang ang sunod na henerasyon ay aawitan ng 'Nang isilang ka sa mundong ito, lumaki utang sa bayan mo...'
BBB is now changing to Borrow Borrow Borrow.
jacquemanabat ɴᴀᴋᴀᴋᴀᴛᴀᴋᴏᴛ ʙᴀᴋᴀ ᴀɢᴀᴡɪɴ ɴᴀ ʏᴜɴɢ ᴄᴏᴜɴᴛʀʏ ɴᴀᴛɪɴ ɢᴀʏᴀ ɴɢ sᴀ ᴀғɢʜᴀɴɪsᴛᴀɴ!
Malicious reporting again!
Magagaling talaga ang mga politikos na galing Davao, biruin ninyo binigyan nila ng malaking utang ang bawat pinoy. Yung mga inutang halos kalahati non ay NAIBULSA na nga mga Buwitre ng davao... hayop talaga!
Grabe...napakalaki ng inutang ina ng mga makakapal ang mukha at matatapang ang apog.
Kung hindi ka la galit sa gobyerno, ewan ko na lang.
TATAK DUTAE👊🏼
DZMMTeleRadyo Development has a price indeed.
DZMMTeleRadyo Oh oh... what about the borrowings of the previous admin? Misinformation or disinformation.
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what a simplistic take that the financially illiterate will surely eat up. expert kayo dyan ABS-CBN for dumbong down the public e.
meowzxx_ My god, makukulong kaya ang mga hayop na yan? Feeling ko hindi.
Wala naman siguro masama lumaki ang utang kung nagagamit ng maayos yun inutang kaso nasa bulsa nila kawawa