PH foreign debt dipped in Q1 to $147.35B

MANILA, Philippines – The Philippines’ foreign borrowings modestly declined in the first quarter—remaining at levels the central bank described as “manageable”—amid risk aversion triggered by the Middle East conflict. Data from the Bangko Sentral ng Pilipinas (BSP) showed the country’s external debt stock, covering both government and private obligations, stood at $147.35 billion as of