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Title:
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Weak peso, Panda bond sale in China pushed PH debt to P6.879-T in Q1
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Author:
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Ben O. de Vera
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Source:
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Philippine Daily Inquirer
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Date:
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May 1, 2018
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Description:
- Due to a weaker peso as well as the government’s issuance of debt paper in China in March, the national government’s outstanding debt increased to a fresh record high of P6.879 trillion at the end of the first quarter.