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                    [ArticleID] => 2408328
                    [Title] => Government shifting borrowing mix toward domestic sources
                    [Summary] => The Department of Finance is planning to gradually shift the Philippine government’s borrowing mix toward domestic sources, targeting a 90 to 10 percent split in favor of local debt over the medium term.
                    [DatePublished] => 2024-12-19 00:00:00
                    [ColumnID] => 0
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                    [AuthorName] => Keisha Ta-Asan
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                    [Title] => Government borrowed 42.6% less at P130 billion
                    [Summary] => The government slashed its borrowings by 42.6 percent to nearly P130 billion in October, following declines in debt from foreign markets.
                    [DatePublished] => 2024-12-02 00:00:00
                    [ColumnID] => 0
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                    [AuthorName] => Keisha Ta-Asan
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                    [ArticleID] => 2403643
                    [Title] => Big cuts to national debt unlikely, says Treasury
                    [Summary] => An aggressive cut in the country’s debt-to-gross domestic product  ratio to pre-pandemic levels is impractical given the need to sustain public investments, according to the Bureau of the Treasury.
                    [DatePublished] => 2024-11-29 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1808134
                    [AuthorName] => Keisha Ta-Asan
                    [SectionName] => Business
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                    [ArticleID] => 2395018
                    [Title] => Budget gap narrows
                    [Summary] => The country’s budget gap softened to P970 billion in nine months as both revenue collections and state spending exceeded targets, with the overall shortfall falling below forecast.
                    [DatePublished] => 2024-10-25 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
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                    [ArticleID] => 2374466
                    [Title] => Government looks to tap euro bond market
                    [Summary] => The Marcos administration is looking at the euro bond market for the first time to complement other foreign-denominated offerings in hopes of more favorable interest rates in the second semester.
                    [DatePublished] => 2024-08-01 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/07/31/eutro_2024-07-31_19-51-33328_thumbnail.jpg
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                    [ArticleID] => 2367775
                    [Title] => Weak peso pushes Philippines debt to P15.3 trillion
                    [Summary] => The continued weakening of the peso against the dollar pushed the country’s debt to a new record high of P15.3 trillion in May,  the Bureau of the Treasury said.
                    [DatePublished] => 2024-07-05 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
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                    [Title] => Global bond sale boosts state borrowings in May
                    [Summary] => The government accumulated P259 billion in borrowings in May due to the issuance of global bonds in its first foray in the international debt market this year.
                    [DatePublished] => 2024-07-02 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/07/01/s_2024-07-01_22-49-1434_thumbnail.jpg
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                    [ArticleID] => 2366070
                    [Title] => Government to borrow P630 billion from local market in Q3
                    [Summary] => The government will borrow P630 billion from the domestic debt market in the third quarter in anticipation of monetary policy easing as early as August.
                    [DatePublished] => 2024-06-28 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
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                    [URL] => https://media.philstar.com/photos/2024/06/27/btr_2024-06-27_19-33-04928_thumbnail.jpg
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                    [ArticleID] => 2366076
                    [Title] => Government reverts to budget deficit in May amid higher state spending
                    [Summary] => The government recorded a higher budget deficit of P175 billion in May as state spending accelerated particularly on infrastructure projects, effectively offsetting the increase in revenue collections, according to the Bureau  of the Treasury.
                    [DatePublished] => 2024-06-28 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/06/27/s_2024-06-27_19-56-55935_thumbnail.jpg
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                    [ArticleID] => 2357399
                    [Title] => Tax season fails to beef up budget surplus
                    [Summary] => The recent tax season failed to raise the country’s budget surplus in April as the growth of state expenditures outpaced what the government collected from revenues.
                    [DatePublished] => 2024-05-24 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
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                    [URL] => https://media.philstar.com/photos/2024/05/23/pixabay_2024-05-23_20-38-44849_thumbnail.jpg
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BTR

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                    [ArticleID] => 2408328
                    [Title] => Government shifting borrowing mix toward domestic sources
                    [Summary] => The Department of Finance is planning to gradually shift the Philippine government’s borrowing mix toward domestic sources, targeting a 90 to 10 percent split in favor of local debt over the medium term.
                    [DatePublished] => 2024-12-19 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1808134
                    [AuthorName] => Keisha Ta-Asan
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 2404320
                    [Title] => Government borrowed 42.6% less at P130 billion
                    [Summary] => The government slashed its borrowings by 42.6 percent to nearly P130 billion in October, following declines in debt from foreign markets.
                    [DatePublished] => 2024-12-02 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1808134
                    [AuthorName] => Keisha Ta-Asan
                    [SectionName] => Business
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                    [ArticleID] => 2403643
                    [Title] => Big cuts to national debt unlikely, says Treasury
                    [Summary] => An aggressive cut in the country’s debt-to-gross domestic product  ratio to pre-pandemic levels is impractical given the need to sustain public investments, according to the Bureau of the Treasury.
                    [DatePublished] => 2024-11-29 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1808134
                    [AuthorName] => Keisha Ta-Asan
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                    [ArticleID] => 2395018
                    [Title] => Budget gap narrows
                    [Summary] => The country’s budget gap softened to P970 billion in nine months as both revenue collections and state spending exceeded targets, with the overall shortfall falling below forecast.
                    [DatePublished] => 2024-10-25 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
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                    [Title] => Government looks to tap euro bond market
                    [Summary] => The Marcos administration is looking at the euro bond market for the first time to complement other foreign-denominated offerings in hopes of more favorable interest rates in the second semester.
                    [DatePublished] => 2024-08-01 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
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                    [ArticleID] => 2367775
                    [Title] => Weak peso pushes Philippines debt to P15.3 trillion
                    [Summary] => The continued weakening of the peso against the dollar pushed the country’s debt to a new record high of P15.3 trillion in May,  the Bureau of the Treasury said.
                    [DatePublished] => 2024-07-05 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
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                    [ArticleID] => 2367023
                    [Title] => Global bond sale boosts state borrowings in May
                    [Summary] => The government accumulated P259 billion in borrowings in May due to the issuance of global bonds in its first foray in the international debt market this year.
                    [DatePublished] => 2024-07-02 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
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                    [URL] => https://media.philstar.com/photos/2024/07/01/s_2024-07-01_22-49-1434_thumbnail.jpg
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                    [ArticleID] => 2366070
                    [Title] => Government to borrow P630 billion from local market in Q3
                    [Summary] => The government will borrow P630 billion from the domestic debt market in the third quarter in anticipation of monetary policy easing as early as August.
                    [DatePublished] => 2024-06-28 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/06/27/btr_2024-06-27_19-33-04928_thumbnail.jpg
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                    [ArticleID] => 2366076
                    [Title] => Government reverts to budget deficit in May amid higher state spending
                    [Summary] => The government recorded a higher budget deficit of P175 billion in May as state spending accelerated particularly on infrastructure projects, effectively offsetting the increase in revenue collections, according to the Bureau  of the Treasury.
                    [DatePublished] => 2024-06-28 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
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                    [URL] => https://media.philstar.com/photos/2024/06/27/s_2024-06-27_19-56-55935_thumbnail.jpg
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                    [Title] => Tax season fails to beef up budget surplus
                    [Summary] => The recent tax season failed to raise the country’s budget surplus in April as the growth of state expenditures outpaced what the government collected from revenues.
                    [DatePublished] => 2024-05-24 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/05/23/pixabay_2024-05-23_20-38-44849_thumbnail.jpg
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abtest