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Philippine debt rises slightly to P13.91 trillion as of April

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<p>MANILA — The national government&#x27;s total outstanding debt reached P13.91 trillion as of the end of April 2023, the Bureau of Treasury said on Wednesday. </p><p>The total rose by P54.24 billion or 0.4 percent compared to the previous month, the BTr said.</p><p>The increase was attributed to the net issuance of external debt and local currency depreciation against the US dollar, it added.</p><p>Out of the total debt stock, 32 percent was sourced externally while 68 percent were domestic borrowings, the BTr said.</p><p>The government earlier said its debt-to-GDP ratio improved to 60.9 percent in 2022.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/02/23/22/ph-has-limited-fiscal-space-as-debt-rises-adb">Philippines has ‘limited fiscal space’ as debt levels rise in Asia: ADB</a></li>	<li><a href="https://news.abs-cbn.com/business/03/07/23/philippine-debt-rises-to-p137-t-as-of-january-2023">Philippine debt rises to P13.7-T as of January 2023</a></li></ul><div><strong>RELATED VIDEO</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=2034390" width="100%"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div>

The national government's total outstanding debt reached P13.91 trillion as of the end of April, the Bureau of Treasury said on Wednesday. 