This news really caught my attention,

NG debt up 3.3% to P3.996T as of April
By Des Ferriols
The Philippine Star 07/11/2006

The outstanding debt of the National Government (NG) went up by 3.3 percent to P3.996 trillion as of April this year from P3.867 trillion over the same period last year, the Bureau of Treasury (BTr) reported yesterday.

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