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External debt up in Q1, says BSP

By Inquirer - 5 months ago
The Philippines’ total foreign debt inched up to $128.7 billion in the first quarter amid “positive investor sentiment” that encouraged many private companies to tap the global capital market, the Bangko Sentral ng Pilipinas (BSP) reported. Central bank data showed total external obligations of both the public and private sector went up by 2.6 percent

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