Foreign debt service bill hits $7.298B in 1st half

THE foreign debt service bill rose 3.02% year on year to $7.298 billion in the first half due to increased principal payments, the Bangko Sentral ng Pilipinas (BSP) said, citing preliminary data. Debt service payments in June rose 17.56% compared to May. The debt service burden represents principal and interest payments after rescheduling, according to […]