The Philippines’ external debt service burden declined by 34.8 percent to $1.59 billion as of end-February 2025 from $2.44 billion in the same period in 2024, data from the central bank showed. The latest data from the Bangko Sentral ng Pilipinas (BSP) showed that the decline in the country’s...
Double-digit increases in both principal and interest payments drove the Philippines’ external debt service burden up by $2.31 billion in 2024, reaching $17.16 billion. According to the Bangko Sentral ng Pilipinas (BSP), it reflects a nearly 16 percent increase from $14.85 billion in the...
Amid record-high borrowings, the Marcos administration increased debt payments by over ₱400 billion in 2024, bringing total settlements to a record high, too, driven largely by higher amortization. Data from the Bureau of the Treasury (BTr) showed that the government’s debt payments climbed by...
The debt paid by the national government has already amounted to around P1.28 trillion in the first six months of this year, data from the Bureau of the Treasury (BTr) showed. Latest data from the Treasury showed that the Marcos administration paid a total of P1.283 trillion from January to June...
The country’s external debt service burden as of April totaled $4.64 billion, 19.79 percent lower compared to the same time last year of $5.785 billion, with fewer prepayments from the public and private sectors. The debt service burden, which represents both principal and interest payments after...
The Bureau of the Treasury reported an increase in the national government’s debt payments in May this year, primarily due to larger settlements made to local and external creditors. The Marcos administration disbursed P69 billion towards its local and external financial obligations during...
The national government increased its debt service by almost a quarter last year as payments for interest and amortization soared. Data from the Bureau of the Treasury showed that the Marcos administration’s debt payments reached P1.6 trillion from January to December 2023, higher 24 percent than...
The country’s external debt service burden rose by 21.6 percent to $5.93 billion as of end-July from $4.88 billion in the same time in 2020, based on Bangko Sentral ng Pilipinas (BSP) data. External debt principal payments increased by 37.39 percent year-on-year to $4.47 billion from $3.25...
The country’s external debt service burden went up by 24.64 percent to $2.686 billion as of end-February from same time last year of $2.155 billion, according to Bangko Sentral ng Pilipinas (BSP) data. Principal payments increased by 37.46 percent to $2.227 billion from $1.620 billion. Interest...
The central bank-monitored external debt service burden continued its decline, it fell by 15.49 percent year-on-year as of end-November 2020 to $6.452 billion from $7.635 billion. Based on Bangko Sentral ng Pilipinas (BSP) data, principal payments totaled $4.385 billion, down by 8.53 percent from...
The country’s external debt service burden fell to $6.09 billion as of end-October 2020 or 16.6 percent lower from same time in 2019 of $7.30 billion, data from the Bangko Sentral ng Pilipinas (BSP) show. Principal payments dropped 9.95 percent to $4.15 billion from $4.61 billion while interest...
