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BusinessWorld E-paper

December 16, 2024

THE NATIONAL GOVERNMENT’S (NG) debt service bill sharply rose in October as amortization payments for domestic borrowings went up, the Bureau of the Treasury (BTr) reported.

The latest data from BTr showed that the debt service bill stood at P216.85 billion in October, surging by 179% from P77.76 billion in the same month last year.

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