THE country’s consolidated general government (GG) debt-to-gross domestic product (GDP) ratio decreased at the end of last year, the Department of Finance (DoF) reported on Sunday.
The ratio — used by debt watchers such as Fitch Ratings, Moody’s Investors Service and S&P Global Ratings to assess the creditworthiness of sovereign borrowers — dropped to 34.1 percent from 34.4 percent a year earlier, it said in a statement.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.