‘Low debt ratio to delay structural reforms, dent growth’

Q: How long will it take to read this news story?

The story "‘Low debt ratio to delay structural reforms, dent growth’" has 509 words across 17 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "‘Low debt ratio to delay structural reforms, dent growth’" was covered 10 hours ago by Business Mirror, a news publisher based in Philippines.

Q: How trustworthy is 'Business Mirror' news outlet?

Business Mirror is a fully independent (privately-owned) news outlet established in 2005 that covers mostly business and startups news. The outlet is headquartered in Philippines and publishes an average of 75 news stories per day. It's most recent story was published 10 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23923848</li><li>URL: https://beamstart.com/news/low-debt-ratio-to-delay-17328100987689</li></ul>

Business Mirror Logo Business Mirror 10h ago

‘Low debt ratio to delay structural reforms, dent growth’ - Business Mirror

Quick Summary:

An aggressive return to the prepandemic debt ratio of below 40 percent may be detrimental to the country’s economic growth and cause delay in structural reforms, according to the Bureau of the Treasury (BTr).

The current debt level, however, is lower than the historical high of 71.6 percent in 2004.

The BTr said the national government recorded a 60.1 percent debt-to-GDP ratio in 2023.