Gov't debt servicing down 4% in Nov to P89.97B

The national government's debt servicing decreased by 4% in November 2025, amounting to P89.97 billion, primarily due to a significant drop in amortization payments.

However, month-on-month, the debt service bill rose by 36.8% from P65.78 billion in October.

Interest payments, which constituted 85.91% of the total debt service, rose by 15.96% to P77.29 billion compared to P66.65 billion in November 2024.

Domestic interest payments increased by 16.24% to P56.88 billion in November from P48.93 billion a year ago.

Amortization payments declined by 53.13% to P12.68 billion from P27.05 billion in the same month in 2024, with principal payments on domestic debt plunging by 99.03% to P177 million.

Conversely, amortization paid on foreign debt jumped by 42.83% to P12.5 billion in November from P8.75 billion in 2024.