00:00The debt of the Philippines reached more than Php16 trillion at the end of November 2024.
00:08According to the Bureau of Treasury, this is more than 0.4 percent or more than Php70 billion compared to October 2024.
00:17The total debt of the Philippines is Php5.17 trillion or more than 32 percent of the external debt or inutang in other countries.
00:27According to the Bureau of Treasury, one of the reasons for the growth of the country's debt is the decrease of Pesos versus Dollars.
00:34The National Economic and Development Authority or NEDA will be the central bank of the Philippines in this debt.
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