PH March debt payments eased 8%

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Originally published byPhilippine Daily Inquirer

MANILA, Philippines – The Marcos administration’s debt service bill fell in March from a year earlier as principal repayments declined, though interest costs to domestic lenders continued to rise. According to the Bureau of the Treasury (BTr), the government paid a total of P169.092 billion to creditors at home and abroad in March, nearly 8-percent […]...

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