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High rise building looms an informal settlement amid PH Triillion Debt

Tower cranes loom over rising high-rise residential buildings under construction, contrasting with informal settlements in Manila, on September 4. The Philippines’ national government debt has ballooned to a record-high ₱19.39 trillion, according to the Bureau of the Treasury. l Zedrich Xylak Madrid

Zedrich Xylak Madrid · Sep 4, 2026, 12:43 PM