Govt debt payments hit P34B in June

Aug 10, 2020 12:55 am

Smaller interest payments and amortization expenses dragged the national government’s debt servicing in June by more than half of the payments done a year ago, data released by the Bureau of the Treasury showed.

Debt payments in June settled at P34.38 billion, a 58.97-percent decline from the P83.81 billion recorded a year earlier.

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