BE UPDATED ON THE NATIONAL DEBT: This is the latest update of the current debt from the previous administrations, Former President Gloria Arroyo, Benigno Noynoy Aquino, and the current president Rodrigo Duterte.
Summary in Basic calculation!
P2.2 Trillion debt inherited by Aquino administration
PLUS
P4.2 Trillion borrowed by BS Aquino administration
EQUALS
P6.4 Trillion debt inherited by Duterte administration
PLUS
P1.1 Trillion added by Duterte administration thus far
EQUALS
P7.5 Trillion current national debt
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Recap:
56% borrowed by Aquino
15% borrowed by Duterte
29% borrowed by Arroyo etc.
———-
From Inquirer, Feb. 20, 2016:
“Of the P6.4 trillion outstanding debt (as of Feb. 2016) P4.16 trillion was borrowed by the current administration, making Mr. Aquino the biggest borrower among post-Edsa administrations over a full term, overtaking Gloria Macapagal-Arroyo, data gathered by FDC showed.
READ FROM INQUIRER: Aquino successor to inherit P6.4-T national debt
Ito ang iniwang utang ng mga nagdaang pangulo at ni Aquino, 6.4 Trilyon, kahit elementary pupils, marunong mag calculate 7.5 Trillion current debt minus 6.4 Trillion na utang ng nagdaang administrasyon.
ALSO READ: Noynoy Aquino, Tinaguriang “Biggest Loan Addict” sa lahat ng mga presidente since 1986 – FDC