Philippines: Debt payments soar 41% to P774 billion in H1
MANILA, Philippines — The government hiked its debt payments in the first semester by more than 41 percent to P774 billion due to double-digit increases in interest payments and amortization. According to the Bureau of the Treasury, debt servicing in the first half went up by 41.37 percent to P773.78 billion from P547.34 billion during […]
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