Tuesday 13 April 2021
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manilatimes - 1 month ago

Govt gross borrowings soar to P2.74T in 2020

The national government has redeemed over P306 billion in debt in December, dragging its full-year 2020 gross financing below the ceiling. Bureau of the Treasury (BTr) released over the weekend showed the actual P306.69 net debt redemption was a turnaround of the P41.88 billion gross borrowings in December 2019. A net redemption of debt means [ ]

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