The Philippines concluded the year 2024 with a sovereign debt of over P16 trillion, according to data released by the Bureau ...
The country’s outstanding obligation rose by 9.8 percent to P16.05 trillion in 2024 from P14.62 trillion in 2023 mainly due to higher government borrowings to finance the budget deficit and the impact ...
According to estimates by the Congressional Budget Office (CBO), Biden’s American Rescue Plan is projected to add $1.9 trillion to the national debt by 2031. In January 2023, U.S. Treasury ...