Philippines’ debt balloons to $228.68bn in August
MANILA: The Philippines’ debt ballooned to 11.64 trillion pesos (roughly 228.68 billion U.S. dollars) at the end of August, according to the latest data released by the Philippine Bureau of Treasury on Thursday. The bureau said the country’s total debt increased by 0.28 per cent “due to domestic debt issuance as part of government financing.” … Read more