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PH foreign debt hits $100B

The country's outstanding external obligations exceeded the $100-billion level at the end of June this year, according to the Bangko Sentral ng Pilipinas (BSP).

In a statement, the central bank reported that the actual P101.2 billion foreign debt during the period was $4.1 billion, up 4.3 percent from the $97 billion at the end of March 2021.