{"id":265487,"date":"2024-05-31T08:20:22","date_gmt":"2024-05-31T00:20:22","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=265487"},"modified":"2024-05-31T08:23:46","modified_gmt":"2024-05-31T00:23:46","slug":"philippines-debt-rises-to-256-billion-usd-in-end-apr","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=265487","title":{"rendered":"Philippines&#8217; Debt Rises To 256 Billion USD In End-Apr"},"content":{"rendered":"\n<p>MANILA, May 31 (NNN-PNA) &#8211; The Philippines&#8217; debt soared to 15.02 trillion pesos (roughly 256.6 billion U.S. dollars) as of end-Apr, a 0.61 percent increase from end-March, the Philippines&#8217; Bureau of Treasury said, yesterday.<\/p>\n\n\n\n<p>The bureau attributed the rise of the national government&#8217;s debt level to government net financing, and the impact of local currency depreciation on the valuation of foreign-currency-denominated debt.<\/p>\n\n\n\n<p>Of the total debt stock, the bureau said 31.36 percent was sourced externally, while 68.64 percent were domestic borrowings.<\/p>\n\n\n\n<p>The bureau said, the country&#8217;s external debt amounted to 4.71 trillion pesos (80.49 billion dollars) in Apr, 1.30 percent higher than a month earlier.<\/p>\n\n\n\n<p>Although there was net repayment in foreign loans within the month, the bureau said, the considerable depreciation of the peso caused upward adjustment in the local valuation of U.S. dollar-denominated debt, partly offset by the downward adjustment, brought about by the opposite movement of third currency debt.&#8211; NNN-PNA &nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA, May 31 (NNN-PNA) &#8211; The Philippines&#8217; debt soared to 15.02 trillion pesos (roughly 256.6 billion U.S. dollars) as of end-Apr, a 0.61 percent increase from end-March, the Philippines&#8217; Bureau of Treasury said, yesterday. The bureau attributed the rise of the national government&#8217;s debt level to government net financing, and the impact of local currency [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":265489,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[215,300],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/265487"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=265487"}],"version-history":[{"count":2,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/265487\/revisions"}],"predecessor-version":[{"id":265490,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/265487\/revisions\/265490"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/265489"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=265487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=265487"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=265487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}