MANILA (Philippine Daily Inquirer/ANN): Amid the sustained reliance on domestic borrowings to fight Covid-19, the national government’s debt stock climbed to a new high of P10.13 trillion as of November last year.
The latest Bureau of the Treasury data released on Wednesday (Jan 6) showed that the end-November outstanding obligations inched up 1.1 per cent from P10.03 trillion in October and jumped by a faster 31.4 per cent from P7.71 trillion in November 2019.
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