At P2.836 trillion, domestic borrowing made up almost two-thirds of the overall wellknown government debt, even as foreign places creditors accounted for P2.052 trillion.
General government debt includes the tremendous duties of the country wide authorities, the Central Bank Board of Liquidators, social safety establishments and the nearby governments minus the amount allotted to the Bond Sinking Fund (BSF) as cowl for maturing bond duties.
The equal DOF records traced the growth in nominal trendy government debt to a 2.3 percentage upward push in excellent debt held with the aid of the country wide authorities from P5.816 trillion to P5.948 trillion.
The country wide government debt net of the BSF allotment totaled P5.299 trillion, up three.7 percent from P5.A hundred and ten trillion. The overall boom of P188.Nine billion consisted of P33 billion for domestic borrowings, at the same time as P155.Nine billion become allocated to foreign responsibilities that blanketed debt issurance and foreign exchange cover.
Local authorities debt rose through 10.6 percentage to P74.7 billion from P67.5 billion. Intrasector debt totaled P485.1 billion, down 1.1 percent.
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