Defining the News
The Bangko Sentral ng Pilipinas reported a decrease in the Philippines foreign debt service burden in the first four months of 2024.
The total principal payments in the first four months totaled $2.115 billion, lower than the $3.613 billion recorded in the same period last year.The BSP said that as a percentage of exports of goods and receipts from services and primary income for January to April, the DSB reached 9.4 percent, down from 13.1 percent a year earlier.
The DSB to GDP ratio followed the same trend, coming in at 3.0 percent this year from 4.3 percent in the same period of 2023.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AFP: Cybersecurity is a shared responsibilityDefining the News
Read more »
Senators hail PAOCC for taking legal action vs Guo, others involved in raided POGOsDefining the News
Read more »
Palace: Marcos to issue new policies on WPS, no plans to invoke Mutual Defense Treaty yetDefining the News
Read more »
Solon’s right to meddle in village’s sale upheldDefining the News
Read more »
Lawmakers seek probe on FSL abolitionDefining the News
Read more »
BPSF revisits CARAGA with service festivalDefining the News
Read more »