THE country's external debt service burden more than doubled at the end of August following a surge in both interest and principal payments, preliminary Bangko Sentral ng Pilipinas (BSP) data showed.

At $8.89 billion, the external debt service burden was 125 percent higher compared to the $3.95 billion recorded a year earlier.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details