Based on the briefer on the 2025 National Expenditure Program (NEP) obtained by The STAR, 13.8 percent of the budget or equivalent to P876.7 billion will be allocated to pay off debts for 2025.
This is higher than the 12.1 percent share or about P699.2 billion allocation for this year.
Next year’s debt burden amount includes P848 billion for interest payments, 26.5 percent higher than the P670.5 billion under the 2024 General Appropriations Act.
The remaining P28.7 billion is for net lending, flat from last year’s level.
Bu hikaye The Philippine Star dergisinin July 29, 2024 sayısından alınmıştır.
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Bu hikaye The Philippine Star dergisinin July 29, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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