PH external debt ratio remains prudent

PH external debt ratio remains prudent – BSP

Jun 19, 2023 12:26 am

THE country's external debt ratio rose in the first quarter but remains at a prudent level, the Bangko Sentral ng Pilipinas (BSP) reported on Saturday.

As a percentage of gross domestic product (GDP), external debt rose to 29.0 percent from 27.5 percent in end-December of 2022.

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