Tag: debt
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NG debt rises in April on weak peso
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THE NATIONAL Government’s (NG) outstanding debt returned to the P15-trillion level as of end-April due to the weaker peso, the Bureau of the Treasury (BTr) said.
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Government’s debt service bill balloons in March
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THE NATIONAL Government’s (NG) debt service bill nearly quadrupled in March amid a surge in amortization payments, data from the Bureau of the Treasury (BTr) showed. BTr data showed that debt payments surged by 275.3% to P533.523 billion in March from P142.171 billion in the same period a year ago.…
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NG debt slips to P14.93 trillion as of end-March
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THE NATIONAL GOVERNMENT’S (NG) outstanding debt slipped to P14.93 trillion as of end-March, the Bureau of the Treasury (BTr) reported. Data from the BTr on Wednesday showed that NG debt stock dipped by 1.67% from the record-high P15.18 trillion as of end-February due to the net redemption of government securities.…
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Philippines’ January external debt service more than doubles
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THE PHILIPPINES’ external debt payments more than doubled in January as principal payments surged, central bank data showed. Preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed that the country’s external debt service burden soared by 110% to $1.729 billion from $823 million a year ago. The debt service…
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Debt service bill falls by 22% in Feb.
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THE NATIONAL Government’s (NG) debt service bill fell by 21.9% in February due to a drop in amortization payments, the Bureau of the Treasury (BTr) said.