The Philippines' external debt eased to $147.35 billion in the first quarter, the Bangko Sentral ng Pilipinas said, as reported by Philstar Biz.
The slight decline was driven by foreign investors trimming their holdings of Philippine debt securities, reflecting cautious market sentiment and tighter global financing conditions.
The BSP noted that the country's external debt remains manageable, but the trend bears watching amid ongoing global economic uncertainties.