Philippine Stock Exchange, Bonifacio Global City. | INQUIRER PHOTO/LYN RILLON The benchmark stocks index dipped below the 6,900 level on Tuesday as fresh data showing government debt to have reached a record high in July dismayed investors. By the e
MANILAubet95, Philippines Government debt decreased to P15.55 trillion at the end of August, primarily attributed to the revaluation effect of peso appreciation and the net repayment of external debt, the Bureau of the Treasury (BTr) said on Tuesday
The seal of the International Monetary Fund is at the headquarters building in Washington, DC, April 12, 2024, in Washington, DC, ahead of the IMF/World Bank 2024 Spring Meetings. The IMF said Tuesday, October 15, 2024, that global public debt is ex
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The Supreme Court on Wednesday kept a temporary freeze on the Biden administration’s new student loan repayment plan, which means monthly bills for millions of borrowers will also remain on hold. The SAVE program, which ties a borrower’s loan paymen
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Himachal Pradesh Urges 16th Finance Commission For Special Consideration Himachal Pradesh Urges 16th Finance Commission For Special Consideration Ministers’ salaries deferred for two months, payment of salaries for 2.85 lakh employees missed on the
In a heated US political climate, financial analyst Michael A. Gayed recently remarked that the rising national debt exceeding $35 trillion is a more significant threat to democracy than political leadership. Gayed emphasizes that the increasing rat
