Our debt service overload

Quick Summary:

IT has been repeatedly raised with a note of ascending alarm that our government borrowings are exceeding the limits of prudence.

At the rate our national debt is growing, when do we get to the edge of the cliff?

Magalong, was the one who loudly raised the issue of our bloated national debt, making front page news.

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Article Details

Author / Journalist: Santiago F. Dumlao Jr.

Category: BusinessStartups

Markets: PhilippinesIndonesiaJapanMalaysiaThailandVietnam

Topics: Debt-to-gdp Government Leakages Financial 2024 Trillion Percent Budget Debt National President

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-10 @ 16:08:00 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 709 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 22452852

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 61 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 11 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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