Table B.18
NATIONAL GOVERNMENT DEBT SERVICE EXPENDITURES, 2002-2004
(In million pesos)
Particulars 2002 2003 2004
Domestic Foreign Total Domestic Foreign Total Domestic Foreign Total
INTEREST PAYMENTS        119,985          65,876        185,861        151,830          78,867        230,697        191,917          79,615        271,532
REGULAR         119,621           64,861         184,482         151,542           77,896         229,438         191,917           78,818         270,735
Assumed Liabilities               364             1,015             1,379               288               971             1,259                 -                 797               797
Philippine National Bank               120                 49               169                 96                 45               141                 -                   67                 67
Development Bank of the Philippines               237               428               665               186               375               561                 -                 376               376
Philippine National Power Corporation                   7               499               506                   6               514               520                 -                 328               328
Trade, Investment and Development Corporation                 -                   12                 12                 -                   14                 14                 -                     8                   8
National Development Corporation                 -                   23                 23                 -                   20                 20                 -                   15                 15
Philippine Airlines                 -                     4                   4                 -                     3                   3                 -                     3                   3
PRINCIPAL AMORTIZATION          80,944          91,154        172,098        101,776          93,178        194,954        168,057        102,603        270,660
REGULAR           75,135           86,751         161,886           93,210           83,600         176,810         168,057           93,045         261,102
Assumed Liabilities             5,809             4,403           10,212             8,566             9,578           18,144                 -               9,558             9,558
Philippine National Bank             1,930               430             2,360             2,074             5,273             7,347                 -               5,198             5,198
Development Bank of the Philippines             3,754             2,191             5,945             6,062             2,336             8,398                 -               2,391             2,391
Philippine National Power Corporation               125             1,637             1,762               277             1,735             2,012                 -               1,736             1,736
Trade, Investment and Development Corporation                 -                   46                 46                 -                   91                 91                 -                   87                 87
National Development Corporation                 87                 87               153               130               283                 -                 133               133
Philippine Airlines                 -                   12                 12                 -                   13                 13                 -                   13                 13
GRAND TOTAL        200,929        157,030        357,959        253,606        172,045        425,651        359,974        182,218        542,192
                       
Source: Bureau of the Treasury