Philippines: Government debt payments drop 15% in 11 months
MANILA, Philippines — Debt servicing fell almost 15 percent in the first 11 months of 2017 on the back of lower principal payments. Data from the Bureau of the Treasury (BTr) showed that the government paid P652.5 billion worth of debt from January to November last year, or P112.54 billion lower than the P765.04 billion […]
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