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                    [ArticleID] => 264965
                    [Title] => NG to continue relying heavily on domestic sources for funds
                    [Summary] => Despite a contrary view aired by the Bangko Sentral ng Pilipinas (BSP), the Department of Finance said there will be no drastic shift in its borrowing mix for 2005. 


The DOF said its financing program for 2005 would require the National Government to raise at least P214 billion in net financing, down from P228.6 billion in 2004 and P286.8 billion in 2003. 


The DOF said 22 percent of this amount would be raised from the foreign credit market while 78 percent would come from domestic sources. 


                    [DatePublished] => 2004-09-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 263729
                    [Title] => Gov’t revenues seen to reach P1.3T by 2010
                    [Summary] => The Arroyo administration expects revenues to reach P1.3 trillion by 2010, an amount will be just enough to balance the budget, with no space to resume serious development spending in order to spur economic growth.


As government takes over the debts of the National Power Corp., however, the national deficit would still have a remnant P66 billion by the end of the Arroyo administration in 2010, unless legislative measures are put in place to offset the power company’s funding requirements. 


                    [DatePublished] => 2004-09-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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INCLUDING NAPOCOR

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    [results] => Array
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                    [ArticleID] => 264965
                    [Title] => NG to continue relying heavily on domestic sources for funds
                    [Summary] => Despite a contrary view aired by the Bangko Sentral ng Pilipinas (BSP), the Department of Finance said there will be no drastic shift in its borrowing mix for 2005. 


The DOF said its financing program for 2005 would require the National Government to raise at least P214 billion in net financing, down from P228.6 billion in 2004 and P286.8 billion in 2003. 


The DOF said 22 percent of this amount would be raised from the foreign credit market while 78 percent would come from domestic sources. 


                    [DatePublished] => 2004-09-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 263729
                    [Title] => Gov’t revenues seen to reach P1.3T by 2010
                    [Summary] => The Arroyo administration expects revenues to reach P1.3 trillion by 2010, an amount will be just enough to balance the budget, with no space to resume serious development spending in order to spur economic growth.


As government takes over the debts of the National Power Corp., however, the national deficit would still have a remnant P66 billion by the end of the Arroyo administration in 2010, unless legislative measures are put in place to offset the power company’s funding requirements. 


                    [DatePublished] => 2004-09-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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abtest

NG to continue relying heavily on domestic sources for funds

By Des Ferriols | September 16, 2004 - 12:00am

Despite a contrary view aired by the Bangko Sentral ng Pilipinas (BSP), the Department of Finance said there will be no drastic shift in its borrowing mix for 2005. The DOF said its financing program for 2005 would...

Business

Gov’t revenues seen to reach P1.3T by 2010

By Des Ferriols | September 6, 2004 - 12:00am

The Arroyo administration expects revenues to reach P1.3 trillion by 2010, an amount will be just enough to balance the budget, with no space to resume serious development spending in order to spur economic growth. As...

Business