Philippine government's debt servicing surged 232.2% in January, reaching P158.898 billion, with amortization payments accounting for 53.29% at P84.
The Philippine government's debt servicing surged 232.2% in January, reaching P158.898 billion as interest and amortization payments increased. Amortization payments accounted for 53.29% of the total, surging to P84.677 billion from P861 million in January 2023. Interest payments increased 58.01% to P74.221 billion, with domestic debt interest rising by 83.22% to P48.823 billion.
March 31, 2024
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