Debt-to-GDP ratio seen to increase to 57.6%
BY DENNIS GADIL
The government’s debt as a percentage of gross domestic product (GDP) will deteriorate further to 57.6 percent, from an earlier projected 56.3 percent, as the country jacks up borrowings to finance a widened budget deficit of P250 billion which represents the 3.2 percent of the GDP... (more)
The government’s debt as a percentage of gross domestic product (GDP) will deteriorate further to 57.6 percent, from an earlier projected 56.3 percent, as the country jacks up borrowings to finance a widened budget deficit of P250 billion which represents the 3.2 percent of the GDP... (more)
posted by brodkaster43 at Lunes, Hunyo 15, 2009
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