NG debt to breach P19 trillion in 2026 - BusinessWorld Online
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NG debt to breach P19 trillion in 2026 - BusinessWorld Online
By Aubrey Rose A. Inosante, Reporter THE NATIONAL Government’s (NG) outstanding debt is projected to balloon to a record P19.06 trillion by the end of 2026, a Department of Budget and Management (DBM) document showed on Wednesday. This as the government is planning to borrow P2.68 trillion next year to fund the national budget. The 2026 Budget of Expenditures and Sources of Financing showed the NG’s debt stock is expected to increase by 9.78% fr…
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