Weak peso propels outstanding PH debt to record P6.73T in January

As the peso weakened at the start of the year, the government's outstanding obligations further rose to a record P6.73 trillion in January.   The national government's outstanding debt as of January inched up 1.1 percent from P6.65 trillion at end-December 2017, as it also jumped by a tenth from P6.12 trillion a year ago, the latest Bureau of Treasury data released Thursday night showed.   In a statement, the Treasury attributed the month-on-month increase in the debt stock mostly to "the impact of foreign currency fluctuations."   Foreign debt by end-January 2018, for instance, amounted to P2.29 trillion -- up 3.8 percent from December's P2.21 trillion a...Keep on reading: Weak peso propels outstanding PH debt to record P6.73T in January

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