Bureau of the Treasury MANILA, Philippines – The debt service bill of the Philippine government increased again in May as both interest payments and principal repayments sustained their climb,
Bureau of the Treasury
MANILA, Philippines – The debt service bill of the Philippine government increased again in May as both interest payments and principal repayments sustained their climb, according to the Bureau of the Treasury (BTr).
Latest data from the BTr showed the amount climbed to P97.18 billion in May, up by more than 21 percent from P80.05 billion in the same month last year.
READ: Gov’t debt payments up 12% in April
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