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Philippines' debt payments drop 65.31% in Q1 2025, yet outstanding debt hits record P16.683 trillion.
The Philippine government's debt payments fell by 65.31% in Q1 2025 to P342.023 billion, down from P986.036 billion in the same period last year, mainly due to an 87.26% drop in amortization payments.
Interest payments increased by 24.87% to P241.001 billion.
Despite the reduction in payments, the country’s outstanding debt reached a record P16.683 trillion, pushing the debt-to-GDP ratio to 62%.
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Los pagos de la deuda de Filipinas caen un 65.31% en el primer trimestre de 2025, pero la deuda pendiente alcanza un récord de P16.683 billones.