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                    [Title] => GOCC subsidies rise in November
                    [Summary] => The government jacked up its budgetary support to state-run firms by 81.6 percent to P12.23 billion in November last year, with the bulk going to the irrigation sector, according to the Bureau of the Treasury.
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                    [Title] => Government debt hits P16.09T as of November 2024
                    [Summary] => The Bureau of the Treasury (BoT) announced that government debt reached P16.09 trillion as of the end of November 2024.
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                    [Title] => Government borrowings drop to P65 billion in November
                    [Summary] => The government trimmed its borrowings to P65.05 billion in November as it settled more domestic debts, offsetting new obligations acquired from domestic and foreign sources, according to the Bureau of the Treasury.
                    [DatePublished] => 2024-12-31 00:00:00
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                    [Title] => Government settles 91.6% of debt service for 2024
                    [Summary] => The Marcos administration increased its debt payments to P1.86 trillion as of end-October, settling more than 90 percent of its programmed obligation for the year.
                    [DatePublished] => 2024-12-16 00:00:00
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                    [Title] => State firms’ subsidies cut to P117.21 billion in 10 months
                    [Summary] => The government further reduced its budgetary support to state-run firms by nearly 20 percent in the 10 months to October, with the bulk of the subsidies allocated to support irrigation projects.
                    [DatePublished] => 2024-12-09 00:00:00
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                    [Title] => National debt surpasses P16 trillion mark in October
                    [Summary] => The peso’s depreciation pushed the country’s debt to breach the P16-trillion mark in October, a new record high in outstanding obligations, the Bureau of the Treasury said.
                    [DatePublished] => 2024-12-04 00:00:00
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                    [Title] => Government reverts to P6.3 billion budget surplus in October
                    [Summary] => The Marcos administration snapped six consecutive months of budget deficit after it recorded a surplus of P6.3 billion in October as revenue collections outpaced spending.
                    [DatePublished] => 2024-11-28 00:00:00
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                    [Title] => Treasury streamlines tax treaty procedure
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                    [DatePublished] => 2024-11-13 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
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                    [Title] => T-bill rates increase for 5th straight week
                    [Summary] => The government managed to borrow P20 billion in short-term securities even after rates moved upward for the fifth straight week amid expectations of a faster October inflation print.
                    [DatePublished] => 2024-11-05 00:00:00
                    [ColumnID] => 0
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                    [Title] => Government uses up 89 percent of 2024 borrowing plan
                    [Summary] => The Marcos administration ramped up its borrowings to P2.3 trillion in the nine months to September this year, using up 89 percent of its crafted financing program for 2024.
                    [DatePublished] => 2024-10-28 00:00:00
                    [ColumnID] => 0
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Bureau of the Treasury

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                    [Title] => Government debt hits P16.09T as of November 2024
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                    [Title] => Government borrowings drop to P65 billion in November
                    [Summary] => The government trimmed its borrowings to P65.05 billion in November as it settled more domestic debts, offsetting new obligations acquired from domestic and foreign sources, according to the Bureau of the Treasury.
                    [DatePublished] => 2024-12-31 00:00:00
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                    [Title] => Government settles 91.6% of debt service for 2024
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                    [DatePublished] => 2024-12-16 00:00:00
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                    [Title] => State firms’ subsidies cut to P117.21 billion in 10 months
                    [Summary] => The government further reduced its budgetary support to state-run firms by nearly 20 percent in the 10 months to October, with the bulk of the subsidies allocated to support irrigation projects.
                    [DatePublished] => 2024-12-09 00:00:00
                    [ColumnID] => 0
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                    [Title] => National debt surpasses P16 trillion mark in October
                    [Summary] => The peso’s depreciation pushed the country’s debt to breach the P16-trillion mark in October, a new record high in outstanding obligations, the Bureau of the Treasury said.
                    [DatePublished] => 2024-12-04 00:00:00
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                    [Title] => Government reverts to P6.3 billion budget surplus in October
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                    [DatePublished] => 2024-11-28 00:00:00
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                    [Title] => Treasury streamlines tax treaty procedure
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                    [DatePublished] => 2024-11-13 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
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                    [Title] => T-bill rates increase for 5th straight week
                    [Summary] => The government managed to borrow P20 billion in short-term securities even after rates moved upward for the fifth straight week amid expectations of a faster October inflation print.
                    [DatePublished] => 2024-11-05 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
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                    [AuthorName] => Louise Maureen Simeon
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                    [ArticleID] => 2395697
                    [Title] => Government uses up 89 percent of 2024 borrowing plan
                    [Summary] => The Marcos administration ramped up its borrowings to P2.3 trillion in the nine months to September this year, using up 89 percent of its crafted financing program for 2024.
                    [DatePublished] => 2024-10-28 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
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abtest

GOCC subsidies rise in November

By Keisha Ta-Asan | 3 days ago

The government jacked up its budgetary support to state-run firms by 81.6 percent to P12.23 billion in November last year,...

Business

Government debt hits P16.09T as of November 2024

3 days ago

The Bureau of the Treasury (BoT) announced that government debt reached P16.09 trillion as of the end of November 2024.

Cebu News

Government borrowings drop to P65 billion in November

By Keisha Ta-Asan | 11 days ago

The government trimmed its borrowings to P65.05 billion in November as it settled more domestic debts, offsetting new obligations...

Business

Government settles 91.6% of debt service for 2024

By Keisha Ta-Asan | December 16, 2024 - 12:00am

The Marcos administration increased its debt payments to P1.86 trillion as of end-October, settling more than 90 percent of...

Business

State firms’ subsidies cut to P117.21 billion in 10 months

By Keisha Ta-Asan | December 9, 2024 - 12:00am

The government further reduced its budgetary support to state-run firms by nearly 20 percent in the 10 months to October,...

Business

National debt surpasses P16 trillion mark in October

By Keisha Ta-Asan | December 4, 2024 - 12:00am

The peso’s depreciation pushed the country’s debt to breach the P16-trillion mark in October, a new record high...

Business

Government reverts to P6.3 billion budget surplus in October

By Keisha Ta-Asan | November 28, 2024 - 12:00am

The Marcos administration snapped six consecutive months of budget deficit after it recorded a surplus of P6.3 billion in...

Business

Treasury streamlines tax treaty procedure

By Louise Maureen Simeon | November 13, 2024 - 12:00am

The Bureau of the Treasury has rationalized tax treaty procedures for government securities in a bid to boost the local capital...

Business

T-bill rates increase for 5th straight week

By Louise Maureen Simeon | November 5, 2024 - 12:00am

The government managed to borrow P20 billion in short-term securities even after rates moved upward for the fifth straight...

Business

Government uses up 89 percent of 2024 borrowing plan

By Louise Maureen Simeon | October 28, 2024 - 12:00am

The Marcos administration ramped up its borrowings to P2.3 trillion in the nine months to September this year, using up 89...

Business