By Luisa Maria Jacinta C. Jocson, Reporter
THE COUNTRY’S external debt service burden jumped by 14% as of end-November amid a rise in both principal and interest payments, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.
Debt servicing on external borrowings rose by 14% to $15.735 billion in the 11-month period from $13.808 billion in the same period in 2023.
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