Govt debt payments hit P34B in June
(WorldNews Business)

Smaller interest payments and amortization expenses dragged the national government`s debt servicing in June by more than half of the payments done a year ago, data released by the Bureau of the Treasury showed. Debt payments in June settled at P34.38 billion, a 58.97-percent decline from the P83.81 billion recorded a year earlier. Interest payments, which accounted for 80.14 percent of the total, decreased by 5.27 percent to P27.56 billion from P29.09 billion last year. Domestic...