Palace Insists P17 Trillion National Debt Is Still Sustainable 🇵🇭
Malacañang reassures that the country's rising national debt, now close to P17 trillion, remains within manageable and sustainable limits. Find out what officials say about the country's fiscal health.
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Malacañang maintains that the national debt nearing P17 trillion is within “sustainable level.” Palace Press Officer Claire Castro said on Monday, July 7, that government spending went to “growth enhancing investments” such as infrastructure, education, agriculture, and health and social services.
Video by Kristina Maralit
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