In recent weeks, the BTr was not able to raise the amounts as planned because lenders had asked for higher premiums in the form of steep interest rates as a safety net against surging inflation.
The government’s spending program leaves space for P1.3 trillion in deficit spending for 2022—P300 billion more in the fourth quarter after the January to September period saw the government spend P1 trillion. “The tax effort, defined as taxes as percent of GDP, rose to 15.3 percent from 14.8 percent in 2021,” he added.
RonWDomingoINQ pang confidential funds lang yan. sana yung 31million na bumoto ng walang kuentang pangulo na lang magbayad ng utang na yan
RonWDomingoINQ This good to some & very bad for others. Time to process things w/ the banks & buy bonds. Another means to offset the skyrocketing inflation. 😉
RonWDomingoINQ Utang utang utang😅😅😅😅😆😆😆😆😆😆
RonWDomingoINQ Who will pay?... All pinoys.. exepts politicians that are tax evaders? Wow
RonWDomingoINQ Live within our means daw
RonWDomingoINQ Ilang bilyon ulet ang confi funds? Baka pwede kaltasan para inde na masyado malaki ang uutangin...
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