Gov’t debt service bill reaches P962B

BW FILE PHOTO THE NATIONAL GOVERNMENT’S debt service bill went up by 14.2% to P962.47 billion in 2020, driven by increased amortization payments, data from the Bureau of the Treasury (BTr) showed. The BTr reported the government’s debt payments jumped from P842.449 billion in 2019, but fell 4.28% short of […]

Peso likely to go up vs dollar

THE PESO may continue to appreciate against the greenback this week ahead of the release of latest data on remittances and budget deficit. The local currency closed at P48.455 per dollar on Friday, stronger by 4.5 centavos than its P48.50 finish on Thursday, data from the Bankers Association of the […]