00:00The national government's outstanding debt reached 16.05 trillion pesos as of December 2024.
00:07It was down by 0.24 percent from the 16.09 trillion pesos in November last year.
00:14According to the Bureau of the Treasury, last year's debt is slightly aligned with the 2025
00:20budget of expenditures and sources financing projections, which was at 16.06 trillion pesos.
00:27However, the debt-to-gross domestic product ratio of 16.7 percent
00:32was slightly higher than the 16.6 percent revised medium-term fiscal framework estimate
00:38because of the last year's lower-than-expected full GDP growth of 5.6 percent.
