BusinessWorld E-paper
March 14, 2022
THE NATIONAL Government’s debt service bill jumped by a fourth to P1.2 trillion in 2021 as amortization payments climbed, data from the Bureau of the Treasury (BTr) showed.
The BTr said the government’s debt payments rose by 25% from P962.5 billion the previous year. Last year’s total was just under the P1.28-trillion debt service budget for 2021.
