PH debt service in June fell by 25% to P66 billion

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3 months ago

The servicing of government debt declined year-on-year in June as bulk of payments went to interest liabilities, data from the Bureau of the Treasury (BTr) showed. The government settled P66.08 billion of its obligations in June, falling by 25.3 percent from the P88.4 billion it paid to creditors a year ago, figures showed. This pushed

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