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Philippine government debt hits record P19.61 trillion in August

Covered by 4 outlets
Reports agree

All outlets reported that the national government's outstanding debt reached a new record high of P19.61 trillion at the end of August, driven by continued borrowing and a weaker peso.

Drafted with AI from these 4 reports, checked and approved by a Parley editor. Approved 1 Oct, 8:52 AM.

GMA News Online

GMA News Online reported that peso weakness drove the Philippine government's debt to a record P19.61 trillion.

Read GMA News Online's report →
Inquirer

Inquirer reported that the government's debt climbed to a record P19.61 trillion in August, nearing its full-year target.

Read Inquirer's report →
Philstar

Philstar reported that the national government's outstanding debt climbed to a new record high of P19.61 trillion at the end of August.

Read Philstar's report →
The Manila Times

The Manila Times reported that the national government's outstanding debt climbed to a new record high of P19.61 trillion at the end of August, surpassing the previous record of P19.39 trillion set at end-July.

Read The Manila Times's report →

Excerpts courtesy of GMA Network and GMA News Online.

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