Debt service payment, Nov. 2010, P660.4 B

As a result of rising public debt stock, debt service payment (principal + interest) also rose. Here is the breakdown, in P billion.

 

2000

2009

2010 Jan-Nov.

Principal

  88.95 

 343.42

 385.400

Interest

140.89

278.87

274.975

Total

227.84

622.29

660.375

Int. payment as      
% of NG expend

21.7%

19.6%

20.0%

source: Bureau of Treasury, www.treasury.gov.ph

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