By Luisa Maria Jacinta C. Jocson, Reporter
THE PHILIPPINES’ outstanding external debt rose by nearly 10% year on year as of end-2024, the Bangko Sentral ng Pilipinas (BSP) said.
Preliminary data showed the country’s external debt increased by 9.8% to $137.63 billion as of end-December 2024 from $125.39 billion in the same period in 2023.
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