Based on BSP data, the country's debt service burden was 3.8 percent lower than the $9.02 billion recorded in January to August last year.
This translated to a lower debt service burden to gross domestic product (GDP) ratio of 3.2 percent in end-August from 3.6 percent in the comparable year-ago period.
During the eight-month period, principal payments dropped by 23.3 percent to $3.46 billion from last year's $4.51 billion.
Meanwhile, interest payments rose by 15.6 percent to $5.22 billion in the first eight months from $4.51 billion in the same period last year.
The debt service burden represents principal and interest payments after rescheduling.
هذه القصة مأخوذة من طبعة November 18, 2024 من The Philippine Star.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 18, 2024 من The Philippine Star.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Tips on maintaining hcollthg lungs
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SHAKE IT UP OR SHAKE IT OFF
No pain, no gain is no longer hip. After a taxing workout, just exclaim 'sheesh' or 'skibidi.' Your kids will totally get you.
HEALTHY GUT, HAPPY MIND
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Hopes & dreams for Philippine cinema
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P1-M reward up for info on 'Mary Grace Piattos'
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Susan Pena Joven: Forever Young
She lives up to her name, \"Joven,\" which is Spanish for \"young.\"
AFTER CANNES AND QCINEMA, DIRECTORS FACTORY PHL FILMS MAKE HOMECOMING PREMIERE IN DAPITAN
The Directors Factory Philippines 2024 filmmakers are still amazed by how far their short films have traveled—from Dapitan City in Zamboanga del Norte to the Cannes Film Festival in France, and most recently, to the QCinema International Film Festival 2024, where their works were featured as opening films.
OSCAR SEASON IS HERE: 'ANORA,' 'CONCLAVE,' OTHER FILMS ANOINTED AS FRONT RUNNERS
THERE ARE FOUR SEASONS IN SOME PARTS OF the world. In the world of cinema lovers, there's an unofficial fifth season and it is known to every cinephile as the Oscar season.
Cup of Joe sells out show, adds second date
Bad news for all avowed Jowahs out there. \"Jowahs\" are what fans of the alt-pop band Cup of Joe (COJ ) call themselves and last week - they Were shocked to receive very bad news. Amazingly, tickets to COJ's concert next year were all sold out.
Senate urged to pass bill blocking online piracy sites
A consumer advocacy group is clamoring for the passage of the long-delayed Online Site Blocking Act to shield the Philippine entertainment industry from the threat of online piracy.
