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                    [ArticleID] => 261561
                    [Title] => BOP yields $95-M deficit as of July
                    [Summary] => The national debt burden ate a huge chunk of the country’s international reserves last month, wiping out the surplus in the first semester and resulting in a $95-million deficit as of end-July. 


The Bangko Sentral ng Pilipinas (BSP) said debt servicing pushed the country’s international reserves down to a $163-million deficit in July following a much bigger deficit of $407-million deficit in June. 


On a  year-to-date basis, the BOP dipped into a deficit of $95 million, in July, from a $68-million surplus in the first six months.


                    [DatePublished] => 2004-08-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] => Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
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NATIONAL GOVERNMENT AND NAPOCOR

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                    [ArticleID] => 261561
                    [Title] => BOP yields $95-M deficit as of July
                    [Summary] => The national debt burden ate a huge chunk of the country’s international reserves last month, wiping out the surplus in the first semester and resulting in a $95-million deficit as of end-July. 


The Bangko Sentral ng Pilipinas (BSP) said debt servicing pushed the country’s international reserves down to a $163-million deficit in July following a much bigger deficit of $407-million deficit in June. 


On a  year-to-date basis, the BOP dipped into a deficit of $95 million, in July, from a $68-million surplus in the first six months.


                    [DatePublished] => 2004-08-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] => Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

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BOP yields $95-M deficit as of July

By Des Ferriols | August 17, 2004 - 12:00am

The national debt burden ate a huge chunk of the country’s international reserves last month, wiping out the surplus in the first semester and resulting in a $95-million deficit as of end-July. The Bangko...

Business