• 11 months ago
Lumobo pa sa panibagong record-high ang utang ng gobyerno noong katapusan ng Nobyembre ng nakaraang taon.


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Transcript
00:00 The government's debt rose to a new record high at the end of November last year.
00:06 According to the Bureau of the Treasury, it was at Php14.51 trillion.
00:11 It was higher by 0.19 percent or almost Php28 billion compared to the end of October.
00:18 The external debt was reduced in November compared to October, but the debt was added from within the country.
00:26 More than Php122 billion was added to the domestic debt.
00:30 According to economist Michael Rickafort, the government had new debts in November
00:36 to fund the ongoing budget shortfall.
00:40 The government's spending may also be affected by the rise in the price of goods.
00:46 (News Report in Tagalog)
01:00 (Music)

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