• 2 years ago
PH debt-to-GDP ratio improves in Q3 2023
Transcript
00:00 The Philippines share of the total liabilities to Gross Domestic Product or GDP went up in the
00:05 third quarter of 2023. The Bureau of the Treasury or BTR says with a 5.9 percent GDP expansion in
00:12 the third quarter of the year, the debt to GDP ratio improved to 60.2 percent from 61 percent
00:20 in the previous quarter. Debt to GDP is widely used as an indicator to track debt sustainability.
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