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PH external debt manageable despite additional borrowings

THE country's external debt remained at manageable levels in the first quarter despite additional borrowings, the Bangko Sentral ng Pilipinas (BSP) said late on Friday.

External debt totaled $128.7 billion for the first three months of 2024, $3.3 billion or 2.6 percent more than the $125.4 billion as of end-December 2023.