READ: Govt debt hits record P12.7TTHE government's outstanding debt has increased by more than P80 billion, reaching a record P12.76 trillion at the end of April. Domestic debt expanded by 0.8 percent to P8.93 trillion from P8.86 trillion at the end of March. External debts widened by 0.4 percent, to P3.82 trillion from P3.81 trillion. Since the end of 2021, domestic debt has gone up by 8.8 percent, or P765.44 billion. Ordered released by Senate President Vicente Sotto 3rd were Mohit Dargani, the company's treasurer, and Linconn Ong, one of its directors.

Source: Manila Times June 02, 2022 19:22 UTC