External debt service burden soars to P14.7 billion in 2023
THE PHILIPPINES’ external debt service burden skyrocketed to P14.752 billion last year, data from the Bangko Sentral ng Pilipinas (BSP) showed. Preliminary data from the central bank showed that the country’s debt service burden on its external borrowings surged by 73.9% last year from the P8.483 billion recorded at end-2022. The debt service burden refers […]
Tomas Kauer - News Moderator 
THE PHILIPPINES’ external debt service burden skyrocketed to P14.752 billion last year, data from the Bangko Sentral ng Pilipinas (BSP) showed. Preliminary data from the central bank showed that the country’s debt service burden on its external borrowings surged by 73.9% last year from the P8.483 billion recorded at end-2022. The debt service burden refers […]
