
Govt debt servicing slips in Nov
Smaller amortization funds dragged the national authorities’s debt funds in November closing one year by extra than 87 p.c when compared to the servicing completed a one year ago, records released by the Bureau of the Treasury showed.
Debt funds in November settled at P26.78 billion, sliding by 87.92 p.c from the P221.84 billion posted a one year ago.
Ardour funds, which accounted for 74.79 p.c of the total, accelerated by 15.91 p.c to P20.03 billion from P17.28 billion in November 2019.
Domestic ardour funds ballooned by 14.42 p.c to P15.94 billion in November closing one year from P13.93 billion a one year earlier, while international ones expanded by 22.45 p.c to P4.09 billion from P3.34 billion.
Amortization funds, within the period in-between, eased by 96.70 p.c to P6.75 bil...