Gov’t debt payments skyrocketed by 725% in February

A massive surge in principal repayments in February pushed the government’s debt service bill to rise more than 700 percent, even as interest costs were modest. Latest data from the Bureau of the Treasury (BTr) showed that the Marcos administration’s debt service bill skyrocketed by 725.7 percent to P430.6 billion in February from P52.15 billion […]... Keep on reading: Gov’t debt payments skyrocketed by 725% in February

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