• 11 months ago
Unang Balita is the news segment of GMA Network's daily morning program, Unang Hirit. It's anchored by Arnold Clavio, Susan Enriquez, Ivan Mayrina, and Mariz Umali, and airs on GMA-7 Mondays to Fridays at 5:30 AM (PHL Time). For more videos from Unang Balita, visit http://www.gmanetwork.com/unangbalita.

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Transcript
00:00 The Philippine debt rose to a new record high of Php 14.51 trillion at the end of November last year.
00:07 That's from Php 14.48 trillion in debt at the end of October.
00:12 According to the Bureau of the Treasury, the debt rose due to the net issuances of domestic securities
00:18 or issuing of bonds within the country.
00:21 This means that the government's debt within the country is higher than the payment in the past month.
00:26 According to economist Michael Rickafort, this is due to the high prices of goods,
00:31 rising interest rates in debts, and a lack of budget of the government.
00:37 [Music]
00:38 [Music]

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