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+ Follow World Bank and Asian Development Bank Tag 
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                    [Title] => Virus-induced foreign borrowings breach $7 billion
                    [Summary] => The government has increasingly turned to loans and grants as revenues dwindled and with the current pandemic messing with budget plans crafted and approved before the outbreak struck.
                    [DatePublished] => 2020-06-17 16:54:00
                    [ColumnID] => 0
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                    [AuthorName] => Prinz Magtulis
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                    [ArticleID] => 1907101
                    [Title] => Caution urged in review of contracts
                    [Summary] => Senate Minority Leader Franklin Drilon has called for “extreme caution” in implementing President Duterte’s directive to review all government contracts and loan agreements.
                    [DatePublished] => 2019-04-04 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804761
                    [AuthorName] => Helen Flores
                    [SectionName] => Headlines
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                    [URL] => https://media.philstar.com/photos/2019/04/03/gen6-franklin-drilon-pna_2019-04-03_22-32-56_thumbnail.jpg
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                    [ArticleID] => 1534715
                    [Title] => External debt down 1.9% at end September
                    [Summary] => 
The country’s outstanding external debt continued to ease in the first nine months of the year on the continued strengthening of the US dollar as well as higher investments in Philippine debt papers, the Bangko Sentral ng Pilipinas (BSP) reported over the weekend.


                    [DatePublished] => 2015-12-20 09:00:00
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                    [AuthorName] => Lawrence Agcaoili
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                    [Title] => Myanmar to host ASEAN financial inclusion conference
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Myanmar will host an ASEAN conference to discuss challenges for countries - Cambodia, Laos, Myanmar and Vietnam - in striving for access to finance.


                    [DatePublished] => 2014-10-25 19:00:00
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                    [SectionName] => World
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                    [Title] => Investors’ confidence drives capital market
                    [Summary] => 
Despite some uncertainties, the nation’s robust economy and the sustained positive investors’ sentiment are seen to put the Philippine stock market in a continued uptrend, an analyst said.


                    [DatePublished] => 2014-09-30 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
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                    [AuthorName] => Carlo S. Lorenciana
                    [SectionName] => Freeman Cebu Business
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                    [Title] => Gov’t debt payment down 32% to P174 B in Jan-Apr
                    [Summary] => 
The country’s total debt payments declined by nearly 32 percent to P174.19 billion in the first four months of the year from a year ago as payments for principal debt fell significantly during the review period, latest data from the Bureau of Treasury Shocoal.


                    [DatePublished] => 2014-06-13 00:00:00
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [Title] => Gov’t debt up 5% to P5.59 T
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The outstanding debt of the government rose five percent in January as the Aquino administration continued to borrow to help meet its expenditure requirements.


                    [DatePublished] => 2014-03-19 00:00:00
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                    [Title] => Phl borrowings down 33% in January-October
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Borrowings by the government declined 33.48 percent in the first 10 months of the year because of overflowing liquidity in the financial system.


                    [DatePublished] => 2013-12-16 00:00:00
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                    [Title] => Purisima urges financial services industry to help in rebuilding efforts
                    [Summary] => 
Finance Secretary Cesar Purisima has called on the local financial services industry as well as the country’s businessmen  to help the government in its efforts to speed up the economic recovery of the storm-ravaged areas in the Visayas.


                    [DatePublished] => 2013-11-27 00:00:00
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                    [Title] => Gov't plans to borrow less next year
                    [Summary] => 
The national government has proposed a slightly lower borrowing program for next year, with the bulk still to be financed locally in a bid to take advantage of huge domestic liquidity, the National Treasurer said.


                    [DatePublished] => 2013-07-12 17:52:00
                    [ColumnID] => 0
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World Bank and Asian Development Bank
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                    [Title] => Virus-induced foreign borrowings breach $7 billion
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                    [DatePublished] => 2020-06-17 16:54:00
                    [ColumnID] => 0
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                    [AuthorID] => 1097494
                    [AuthorName] => Prinz Magtulis
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                    [Title] => Caution urged in review of contracts
                    [Summary] => Senate Minority Leader Franklin Drilon has called for “extreme caution” in implementing President Duterte’s directive to review all government contracts and loan agreements.
                    [DatePublished] => 2019-04-04 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804761
                    [AuthorName] => Helen Flores
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => https://media.philstar.com/photos/2019/04/03/gen6-franklin-drilon-pna_2019-04-03_22-32-56_thumbnail.jpg
                )

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                (
                    [ArticleID] => 1534715
                    [Title] => External debt down 1.9% at end September
                    [Summary] => 
The country’s outstanding external debt continued to ease in the first nine months of the year on the continued strengthening of the US dollar as well as higher investments in Philippine debt papers, the Bangko Sentral ng Pilipinas (BSP) reported over the weekend.


                    [DatePublished] => 2015-12-20 09:00:00
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                    [AuthorName] => Lawrence Agcaoili
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                    [ArticleID] => 1384359
                    [Title] => Myanmar to host ASEAN financial inclusion conference
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Myanmar will host an ASEAN conference to discuss challenges for countries - Cambodia, Laos, Myanmar and Vietnam - in striving for access to finance.


                    [DatePublished] => 2014-10-25 19:00:00
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                    [SectionName] => World
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                    [ArticleID] => 1374843
                    [Title] => Investors’ confidence drives capital market
                    [Summary] => 
Despite some uncertainties, the nation’s robust economy and the sustained positive investors’ sentiment are seen to put the Philippine stock market in a continued uptrend, an analyst said.


                    [DatePublished] => 2014-09-30 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
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                    [AuthorName] => Carlo S. Lorenciana
                    [SectionName] => Freeman Cebu Business
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                    [URL] => 
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                    [ArticleID] => 1334158
                    [Title] => Gov’t debt payment down 32% to P174 B in Jan-Apr
                    [Summary] => 
The country’s total debt payments declined by nearly 32 percent to P174.19 billion in the first four months of the year from a year ago as payments for principal debt fell significantly during the review period, latest data from the Bureau of Treasury Shocoal.


                    [DatePublished] => 2014-06-13 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 1302425
                    [Title] => Gov’t debt up 5% to P5.59 T
                    [Summary] => 
The outstanding debt of the government rose five percent in January as the Aquino administration continued to borrow to help meet its expenditure requirements.


                    [DatePublished] => 2014-03-19 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 1268514
                    [Title] => Phl borrowings down 33% in January-October
                    [Summary] => 
Borrowings by the government declined 33.48 percent in the first 10 months of the year because of overflowing liquidity in the financial system.


                    [DatePublished] => 2013-12-16 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 1261216
                    [Title] => Purisima urges financial services industry to help in rebuilding efforts
                    [Summary] => 
Finance Secretary Cesar Purisima has called on the local financial services industry as well as the country’s businessmen  to help the government in its efforts to speed up the economic recovery of the storm-ravaged areas in the Visayas.


                    [DatePublished] => 2013-11-27 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => http://img856.imageshack.us/img856/9404/ye2l.jpg
                )

            [9] => Array
                (
                    [ArticleID] => 964726
                    [Title] => Gov't plans to borrow less next year
                    [Summary] => 
The national government has proposed a slightly lower borrowing program for next year, with the bulk still to be financed locally in a bid to take advantage of huge domestic liquidity, the National Treasurer said.


                    [DatePublished] => 2013-07-12 17:52:00
                    [ColumnID] => 0
                    [Focus] => 0
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abtest
Virus-induced foreign borrowings breach $7 billion

Virus-induced foreign borrowings breach $7 billion

By Prinz Magtulis | June 17, 2020 - 4:54pm
The government has increasingly turned to loans and grants as revenues dwindled and with the current pandemic messing with...
Business
fbtw
Caution urged in review of contracts

Caution urged in review of contracts

By Helen Flores | April 4, 2019 - 12:00am
Senate Minority Leader Franklin Drilon has called for “extreme caution” in implementing President Duterte’s...
Headlines
fbtw
External debt down 1.9% at end September

External debt down 1.9% at end September

By Lawrence Agcaoili | December 20, 2015 - 9:00am
The country’s outstanding external debt continued to ease in the first nine months of the year on the continued strengthening...
Business
fbtw

Myanmar to host ASEAN financial inclusion conference

October 25, 2014 - 7:00pm
Myanmar will host an ASEAN conference to discuss challenges for countries - Cambodia, Laos, Myanmar and Vietnam - in striving for access to finance.
World
fbtw

Investors’ confidence drives capital market

By Carlo S. Lorenciana | September 30, 2014 - 12:00am
Despite some uncertainties, the nation’s robust economy and the sustained positive investors’ sentiment are seen to put the Philippine stock market in a continued uptrend, an analyst said.
Freeman Cebu Business
fbtw

Gov’t debt payment down 32% to P174 B in Jan-Apr

By Zinnia B. Dela Peña | June 13, 2014 - 12:00am
The country’s total debt payments declined by nearly 32 percent to P174.19 billion in the first four months of the year from a year ago as payments for principal debt fell significantly during the review period,...
Business
fbtw

Gov’t debt up 5% to P5.59 T

By Zinnia B. Dela Peña | March 19, 2014 - 12:00am
The outstanding debt of the government rose five percent in January as the Aquino administration continued to borrow to help meet its expenditure requirements.
Business
fbtw

Phl borrowings down 33% in January-October

By Zinnia B. Dela Peña | December 16, 2013 - 12:00am
Borrowings by the government declined 33.48 percent in the first 10 months of the year because of overflowing liquidity in the financial system.
Business
fbtw
Purisima urges financial services industry to help in rebuilding efforts

Purisima urges financial services industry to help in rebuilding efforts

By Zinnia B. Dela Peña | November 27, 2013 - 12:00am
Finance Secretary Cesar Purisima has called on the local financial services industry as well as the country’s businessmen ...
Business
fbtw

Gov't plans to borrow less next year

July 12, 2013 - 5:52pm
The national government has proposed a slightly lower borrowing program for next year, with the bulk still to be financed locally in a bid to take advantage of huge domestic liquidity, the National Treasurer sa...
Business
fbtw
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