THE country’s outstanding external debt totaled $73.2 billion at the end of the first quarter, expanding from the end of 2017 but lower compared with the same period last year, Bangko Sentral ng Pilipinas (BSP) data showed.

It was $98 million more than the $73.1 billion recorded as of end-December 2017, largely due to $621 million in foreign exchange revaluation adjustments and another $685-million adjustment due to late reporting.

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