National government outstanding debt as of May 2023

July 7, 2023


The national government outstanding debt has reached Php14 trillion and the Marcos Jr administration has the highest monthly average increase in outstanding debt compared to the past administrations.



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IBON Foundation is a non-stock, non-profit development organization. We have been serving the Filipino people through research and education since 1978. IBON seeks to promote an understanding of socioeconomics that serves the interests and aspirations of the Filipino people. We study the most urgent social, economic, and political issues confronting Philippine society and the world.

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