THE amount of foreign debts being settled before maturity has dropped year-on-year by double-digit in the first nine months of the year, Bangko Sentral ng Pilipinas (BSP) data showed.

Debt prepayments on medium- and long-term foreign loans fell by 33 percent to $1.561 billion in the first nine months of 2016, compared with $2.342 billion in January to September 2015.

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