The national government’s debt payments increased by half in May this year as both interest expense and amortization jumped by double-digits, data from the Bureau of the Treasury showed. Debt servicing of the Duterte administration accelerated by 53 percent during the month to P37.8 billion from...
The Duterte administration’s debt payments went up by more than half in the first three-months of the year owing to higher amortization, data from the Bureau of the Treasury revealed over the weekend. Based on the Treasury report, the total debt service of the national government reached P521.5...
Debt payments of the national government ballooned in September after the Duterte administration repaid the bridge loan extended by the Bangko Sentral ng Pilipinas (BSP) for the coronavirus response. Data from the Bureau of the Treasury showed the government’s total debt servicing soared by 664...