PH foreign debt reaches $109B

By Mayvelin U. Caraballo

Jun 19, 2022 12:18 am

THE country's outstanding external debt reached $109 billion at the end of March this year, according to the Bangko Sentral ng Pilipinas (BSP).

It said the actual foreign obligations of P109.8 billion were up $3.3 billion, or 3.1 percent, from the $106.4 billion at the end of December 2021.

A general view of the Bangko Sentral ng Pilipinas (BSP) Building at Malate, Manila. The BSP has announced that the country’s foreign debt has reached $109 billion by the end of March 2022. TMT FILE PHOTO

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