Tag: #BORROW
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Borrowings push public debt to P10.7 trillion in March
The unprecedented borrowings since the government began community quarantine in March last year have added P2.3 trillion to the public debt, data from the Bureau of the Treasury showed on Monday, May 3.
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Gov’t borrows record P2.74 T in 2020
The Duterte administration borrowed a record P2.74 trillion last year to bridge the ballooning budget deficit induced by the coronavirus pandemic, data from the Bureau of the Treasury showed.
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