Philippine debt dips in September to P14.27 trillion

The Philippines' total obligations in September stood at P14.27 trillion, lower than the P14.35 trillion in August.

MANILA -- The Philippines' total obligations in September stood at P14.27 trillion, which was lower by P80.9 billion compared to August, the Bureau of Treasury said Tuesday.

Domestic borrowings made up 68.2 percent of the total debt stock, while foreign borrowings made up 31.8 percent. Foreign debt, meanwhile, was at P4.53 trillion, lower by P24.1 billion or 0.5 percent than the previous month's numbers.

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