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Lower principal payments cut debt service bill in February

By Inquirer - 7 months ago
The government’s debt service bill went down by nearly a quarter in February, as costlier interest expense due to tight financial conditions was offset by lower amortization payments. Data from the Bureau of the Treasury (BTr) showed total debt payments made by the Marcos administration in February amounted to P293.62 billion, falling by 21.9 percent

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