Statement

On the March 2022 outstanding debt



We assure our people that the country’s borrowings, which put the county’s outstanding debt to more than P12-T, as end of March 2022, shall be put into good use and utilized effectively and efficiently.

Recent borrowings would be for our COVID-19 response and recovery and resiliency efforts. We need to sustain our country’s long-term socioeconomic growth and development.