External debt hits record $139.6 billion as of Sept.

THE PHILIPPINES’ outstanding external debt hit another record high as of end-September, the Bangko Sentral ng Pilipinas (BSP) said. Data from the central bank showed external debt jumped by 17.5% to $139.64 billion as of end-September from $118.83 billion in the same period in 2023. The debt stock also rose by 7.3% from $130.18 billion