The Philippines’ external debt is higher by 11.25 percent year-on-year to $91.979 billion as of end-September from $82.674 billion, said Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno on Friday. The debt stock was up by $9.3 billion because of the National Government’s (NG) net...
The country’s external debt service burden was down 15.77 percent to $4.406 billion as of end-July from $5.231 billion same time last year, based on data from the Bangko Sentral ng Pilipinas (BSP). Debt service burden is principal and interest payments on both the public and private sector...
The Bangko Sentral ng Pilipinas (BSP) remains confident that the country’s external debt numbers and ratios are still at prudent and at comfortable levels despite more borrowings in the past seven months for the COVID-19 pandemic war chest. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E....
The Bangko Sentral ng Pilipinas (BSP) said that as of end-June this year, the Philippines’ outstanding external debt was higher at $87.453 billion, up by 7.6 percent or $6.2 billion from same time last year of $81.259 billion, as the government borrowed more to finance anti-COVID-19 pandemic...