BSP: PH external debt still at ‘prudent levels’
THE country’s external debt ratios remained at manageable levels at the end of last year despite additional borrowings, the Bangko Sentral ng Pilipinas (BSP) said late on Friday. External debt totaled $125.4 billion last year, up from $111.27 billion in 2022. Gross domestic product (GDP), meanwhile, expanded to $436.6 billion in 2024 from the year-earlier […]
THE country’s external debt ratios remained at manageable levels at the end of last year despite additional borrowings, the Bangko Sentral ng Pilipinas (BSP) said late on Friday.
External debt totaled $125.4 billion last year, up from $111.27 billion in 2022. Gross domestic product (GDP), meanwhile, expanded to $436.6 billion in 2024 from the year-earlier $404.3 billion.
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