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Home News Item Philippines’ debt declines to 251.2 bln USD in end-September
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Philippines’ debt declines to 251.2 bln USD in end-September

oktober 31, 2023by Reacties uitgeschakeld voor Philippines’ debt declines to 251.2 bln USD in end-September

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MANILA, Oct. 31 (Xinhua) — The Philippines’ debt declined to 14.27 trillion pesos (roughly 251.2 billion U.S. dollars) as of end-September, a 0.6 percent decrease from the total outstanding debt recorded in end-August, the Bureau of the Treasury said Tuesday.

The bureau attributed the decline from the previous month’s level to the net repayments of both domestic and external obligations for the month.

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