Higher principal and interest payments pushed the country’s external debt service burden to post a double-digit increase in 2024, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.

The country’s foreign debt slipped slightly to $137.63 billion in end-December 2024 after hitting an all-time high of $139.64 ...

The debt of the United States has passed the total value of our GDP and other countries are selling our debt. What does this ...

The Philippines’ foreign debt fell 1.4 percent to $137.63 billion in the fourth quarter of 2024 from $139.64 billion in the ...

Australia, Britain and European countries should loosen budget rules to allow borrowing to fund higher defence spending, a ...

Indonesia’s external debt grew 5.1 percent year-on-year to 427.5 billion US dollars at the end of January 2025, accelerating from 4.2 percent year-on ...

Uganda’s total public debt increased from Shs86.779 trillion in FY 2022/23 to Shs94.869 trillion in FY 2023/24 ...

Kenya plans to cut its debt to below 55% of its GDP in the next two years, Finance Minister John Mbadi said on Wednesday, as the government awaits the outcome of its request for a new International ...