THE country s debt service burden surged by 104.78 percent to $13.6 billion as of the end of November 2023 from $6.7 billion a year earlier, preliminary Bangko Sentral ng Pilipinas (BSP) data showed.
The company also registered a loss of P379.80 million from combined equity interests in the two high-pressure acid leach plants against a profit of P1 billion last year.
SOME P3.6 billion worth of projects intended for 2023 but not yet undertaken will no longer be included in the proposed P100 billion budget of Cebu City for 2024.