National debt sustainable – Palace - video Dailymotion

The Manila Times

National debt sustainable – Palace  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  Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe  Visit our website at https://www.manilatimes.net     Follow us:  Facebook - https://tmt.ph/facebook  Instagram - https://tmt.ph/instagram  Twitter - https://tmt.ph/twitter  DailyMotion - https://tmt.ph/dailymotion    Subscribe to our Digital Edition - https://tmt.ph/digital    Check out our Podcasts:  Spotify - https://tmt.ph/spotify  Apple Podcasts - https://tmt.ph/applepodcasts  Amazon Music - https://tmt.ph/amazonmusic  Deezer: https://tmt.ph/deezer  Stitcher: https://tmt.ph/stitcher Tune In: https://tmt.ph/tunein   #TheManilaTimes #TMTNews #Philippines #Marcos

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00:00This is the growth-enhancing investments in infrastructure, education, agriculture, health, and social services.

00:08We can see what is the help of the Pangulo and the Farmers, the Pangisla, and the help of the aid and help of our Kababayan.

00:20We can see that, according to our DOF, Department of Finance, we are sustainable.

00:28We are at a sustainable level and 70% is the international threshold for the debt-to-GDP ratio.

00:37So, we are at the beginning of the year, we are at 60.2%, but now we are at 60.7%, but we are still at the range.

00:50It is supposed to be below 70%.

00:58We are at 60.3% nbpq5,000pq5,000pq5,000pq7,800pq5,025y,

National debt sustainable – Palace

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