By Louisa Maria Jayasinthi c. Joshen, Reporter
Philippines’ is impressive Foreign credit rose 10% of the year to final -2024 years. Banko Celeral NG Pilipinas (BSP) said.
The country’s external debt increased by 9.8 per cent to USD 137.63 billion. In the same period in the same period in 2023, it was $ 125.39 billion.
However, the Debt-High September is $ 139.64 billion for record-high.
Foreign debt indicates all kinds of residents of residents of non-alternate volumes.
The increase in the public and private sector rise was primarily to $ 9.61 billion, “the Central Bank said.
BSP data specifies that the public sector ends were $ 5.59 billion last year. The net availability of private sector reached $ 4.03 billion.
The net of the Philippine debt securities were $ 3.37 billion and is $ 3.37 billion.
Since the negative FX (Foreign Exchange Replacement) is in debt, “Foreign exchange) of the borrowing indicated in other currencies in other currencies in other currencies.
This is the third quarterly the external debt as the 3rd domestic production (GDP) percentage (GDP) percentage. However, it is more than 28.7% of the 2023.
The Central Bank said the external debt-gdp ratio stays in a “wise” level.
This improvement of the proportion of Philippine Economy is reduced by decreasing the amount of external diversity associated with real gdp growth.
Meanwhile, the BSP has caused 1.4 per cent of the debt due to redistration of the negative FX of other currencies.
“The inhabitants of the Philippine debt securities from non-residents were raised by $ 835.33 million; The total repayment of the total repayment is $ 133.51 million.
“The value of the US dollars of the US dollar in the refense quarter decreased by $ 1.29 billion,” says it.
By the end of 2024, Peso P is closed in 57.845, Peso, P .2.475 or 4.28% against the Green Baak.
Market perception to the US dollars of the US dollars, the future policy trajectory of the Federal Reserve, the US dollars have been strengthened due to hopes of change in the incoming administration of the Federal Reserve. “
“The same can be made to break the same basic components and the best external debt has been reduced to $ 835.33 million.
FDI in the open private sector fell 0.9 percent to $ 52.29 billion. The fourth quarter was $ 52.76 billion from the third quarter.
The highest decline in the private sector loans was the most modest decline in private sector loans, “said BSP.
It quoted Rs 154.11 million and the negative FX revaluation of $ 70 million and the negative fx of loans made of $ 313.98 million dollars.
Public sector loans declined by 1.85.34 billion to $ 85.34 billion. 86.88 billion from the fourth quarter from $ 86.88 billion from $ 86.88 billion to $ 86.88 billion.
The loan of the loan indicated in other currencies is due to redeforing $ 1.44 billion.
The “past period of periods’ setting of $ 71.23 million are increasing by $ 63.51 million repayment.
The bulk of PSUs and 92.9% of PSUs were from the national government in the national government, the remaining corporations and the invisible corporations, government financial institutions and BSP.
Philippines Dr.
Borrowers are mainly in the US dollars of the US dollars (74%) and the Japanese Yen (9.2%) debt (74%).
The other main debt indicators are still “stable level” and were on the stable level.
The overall international reserve (Gir) was $ 106.26 billion in the last -2024. It represents a short-term (ST) and the debt on the shortest (ST).
Due to high recorded debt service payments, the debt service ratio has risen to 10.3 per cent in the same period last year. “
DSR means a gad of the maturity of the maturing of the maturity of the maturity of the duet-term debt.
Rizal Commercial Banking Michael L.K. L. The resil commercial Banking Corporation.
During the mix of foreign loans to engage in the foreign loans, the budget deficit is due to more local loans and drinking water, “he said.
In 2023, the NG budget deficit was reduced from Rs 2024 to 2024 trillion. However, it has exceeded the Development Budget Condernation Committee exceeded 1.48 trillion deficit limit.
As you go, the role of the outer debt will be expected to reduce the role of external debt to a mixture of borrowers, said Recafort.
“Foreign loans were intended to diversify the source of the NG in the recent years and to provide the liquidity of the global bonds in the international market,” he said.
In January, the NG has raised $ 3.3 billion, seven years of permanent standard bondandes in January. This was the first global bond offered by the NG.
The government plans to borrow 255 trille this year, and the P $ 551 billion will come from external sources.
