The foreign debt of the Philippines climbed by nearly $10 billion, or 8.3 percent, to reach $128.7 billion as of end-March from a year ago, the Bangko Sentral ng Pilipinas (BSP) said over the weekend.
It said that on a quarter-on-quarter basis, the external debt rose 2.6 percent from $125.4 billion as of end-December 2023.
The BSP said despite the uptick in the debt stock, the external debt ratio (EDT expressed...
Finance Secretary Benjamin Diokno said Tuesday improving the inclusive and data-informed management of the extractive industries is important to help drive economic growth in...
The country’s gross international reserves rebounded to $94.1 billion as of end-October from $93 billion in September to end a seven-month slump, data from...
Japan renewed its commitment for development cooperation with the Philippines in a high-level meeting between the two countries at Ayuntamiento de Manila on Nov....
The 2022 Hybrid National Trade Fair is expected to herald the revival of the festive holiday shopping season as Filipinos prepare to celebrate their...
