Govt debt servicing higher in May

By Mayvelin U. Caraballo

Jul 18, 2022 12:20 am

THE national government's debt servicing was higher in May 2022 compared to payments made a year earlier because of higher interest payments and amortization charges, according to data released by the Bureau of the Treasury.

Debt payments were P57.44 billion in May of this year, up 51.96 percent from P37.80 billion in May 2021.

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