The national government’s debt service from January to November of last year declined by 12.61 percent to P991.052 billion from P1.134 trillion recorded payments in the same period of 2021, latest Bureau of the Treasury (BTr) data showed.
THE national government’s debt service from January to November of last year declined by 12.61 percent to P991.052 billion from P1.134 trillion recorded payments in the same period of 2021, latest Bureau of the Treasury data showed.
The amount was P200.176 billion lower than the P731.975 billion recorded amortization payments during the January-to-November period of 2021. Treasury data showed that the national government’s domestic and foreign interest payments both posted double-digit growth rates during the reference period.
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