Arab Today, arab today philippine external debt down to 59bn in q1
Last Updated : GMT 05:46:54
Arab Today, arab today
Arab Today, arab today

Philippine external debt down to $59bn in Q1

Arab Today, arab today

Arab Today, arab today Philippine external debt down to $59bn in Q1

Manila - XINHUA

Philippine foreign debt stock declined to 59 billion U.S. dollars in the first quarter of this year, the central bank reported on Friday. The tally for the first three months was down from 61.6 billion U.S. dollars in the same period last year and 60.3 billion U.S. dollars in the fourth quarter of 2012. Central bank Governor Amando Tetangco Jr., in a statement, attributed the decline to the strengthening of the U.S. dollar during the period that caused debt in other currencies to dwindle in value. \"Major external debt indicatros remained at comfortable levels in the first quarter of 2013,\" Tetangco said. External debt accounted for 22.8 percent of economic output in the first quarter, down from 26.9 percent a year ago. The bulk of foreign debt held by the public sector was at 42.9 billion U.S. dollars, while the private sector owed 16.1 billion U. S. dollars. External debt refers to all types of borrowings by Philippine residents from non-residents that are approved and registered by the central bank.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today philippine external debt down to 59bn in q1 Arab Today, arab today philippine external debt down to 59bn in q1

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today philippine external debt down to 59bn in q1 Arab Today, arab today philippine external debt down to 59bn in q1

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday