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Philippines’ debt rises to 260.65 bln USD in end-November

januari 03, 2024by Reacties uitgeschakeld voor Philippines’ debt rises to 260.65 bln USD in end-November

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MANILA, Jan. 3 (Xinhua) — The Philippines’ debt rose to 14.51 trillion pesos (roughly 260.65 billion U.S. dollars) as of end-November 2023, a slight 0.19 percent increase from the total outstanding debt recorded in end-October, the Philippines’ Bureau of Treasury said on Wednesday.

The bureau attributed the debt increase in November to the net issuance of domestic securities.

Of the total debt stock, 30.

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