Govt debt payments soar in November

By Mayvelin U. Caraballo

Jan 24, 2022 12:10 am

Due to increasing interest payments and amortization costs, the national government's debt servicing jumped in November 2021 compared to a year earlier, according to data released by the Bureau of the Treasury (BTr).

Debt payments totaled P81.23 billion during the month, up 203.27 percent from P26.78 billion in November 2020.

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