MANILA, Philippines — The Marcos administration’s gross borrowings surged in November, with growth in foreign loans outpacing that of domestic debt as the state moved into the penultimate month of its annual fundraising drive to plug its budget hole. Latest data from the Bureau of the Treasury (BTr) showed that total gross borrowings jumped 74.5 percent […]... Keep on reading: Foreign borrowings jacked up gov’t debt stock by 75% in November