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                    [ArticleID] => 865539
                    [Title] => Public sector incurs P8.6-billion H1deficit
                    [Summary] => 
The country’s consolidated public sector deficit (CPSD) for the first semester of the year is estimated at P8.6 billion, Finance Undersecretary Jeremias Paul said in the latest CPSD report.

                    [DatePublished] => 2012-11-12 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 834210
                    [Title] => Public sector deficit seen hitting P158 B
                    [Summary] => 
The country’s consolidated public sector deficit (CPSD) is projected to hit roughly P158.3 billion next year or 1.3 percent of gross domestic product (GDP) as the government strives to trim the debt of the public sector, according to the latest data from the Department of Finance (DOF).
                    [DatePublished] => 2012-08-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 276879
                    [Title] => DOF plans to cut CPS deficit
                    [Summary] => The Department of Finance (DOF) is going for an ambitious target to reduce the consolidated public sector deficit (CPSD) to 2.3 percent of gross domestic product (GDP), a sharp drop from the original 4.8-percent target for 2005. 


Finance Secretary Cesar V. Purisima told reporters over the weekend that the DOF’s target was to dramatically improve the consolidated public sector financial position by raising revenues by as much as 2.5 percent. 


According to Purisima, the reduction would be equivalent to 2.5 percentage points. 


                    [DatePublished] => 2005-05-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 271128
                    [Title] => No ODA till NG attains zero budget deficit — Purisima
                    [Summary] => The Arroyo administration said over the weekend it will not tap official development assistance (ODA) funds until it has eliminated its budget deficit or at least reduced its consolidated public sector deficit (CPSD) to three percent of domestic production. 


Finance officials said over the weekend that the government wanted to reduce its CPSD as quickly as it can to at most 2.5 percent and the budget deficit to zero by 2010. 


                    [DatePublished] => 2005-03-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 270301
                    [Title] => Consolidated public sector deficit seen at P203.865 billion this year
                    [Summary] => The country’s  consolidated public sector deficit (CPSD)  is expected to go down to P203.865 billion for the whole of 2005 from  P263.217 billion in 2004 as the Arroyo administration anticipated the impact of its revenue measures. 


Data from the Department of Finance (DOF)  showed that the consolidated public sector financial position would be better than expected in 2005 and the deficit would be less than originally projected. 


                    [DatePublished] => 2005-03-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 132866
                    [Title] => Public sector deficit lower than expected
                    [Summary] => The government incurred a consolidated public sector deficit (CPSD) of P82.5 billion in the first semester, lower than the programmed level of P90.3 billion.


Data from the Department of Finance (DOF) show that the P82.5-billion CPSD is equivalent to just 5.5 percent of gross national product (GNP) instead of the six percent of GNP as targetted.


                    [DatePublished] => 2001-09-07 00:00:00
                    [ColumnID] => 133272
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CPSD

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                    [ArticleID] => 865539
                    [Title] => Public sector incurs P8.6-billion H1deficit
                    [Summary] => 
The country’s consolidated public sector deficit (CPSD) for the first semester of the year is estimated at P8.6 billion, Finance Undersecretary Jeremias Paul said in the latest CPSD report.

                    [DatePublished] => 2012-11-12 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
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                (
                    [ArticleID] => 834210
                    [Title] => Public sector deficit seen hitting P158 B
                    [Summary] => 
The country’s consolidated public sector deficit (CPSD) is projected to hit roughly P158.3 billion next year or 1.3 percent of gross domestic product (GDP) as the government strives to trim the debt of the public sector, according to the latest data from the Department of Finance (DOF).
                    [DatePublished] => 2012-08-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 276879
                    [Title] => DOF plans to cut CPS deficit
                    [Summary] => The Department of Finance (DOF) is going for an ambitious target to reduce the consolidated public sector deficit (CPSD) to 2.3 percent of gross domestic product (GDP), a sharp drop from the original 4.8-percent target for 2005. 


Finance Secretary Cesar V. Purisima told reporters over the weekend that the DOF’s target was to dramatically improve the consolidated public sector financial position by raising revenues by as much as 2.5 percent. 


According to Purisima, the reduction would be equivalent to 2.5 percentage points. 


                    [DatePublished] => 2005-05-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 271128
                    [Title] => No ODA till NG attains zero budget deficit — Purisima
                    [Summary] => The Arroyo administration said over the weekend it will not tap official development assistance (ODA) funds until it has eliminated its budget deficit or at least reduced its consolidated public sector deficit (CPSD) to three percent of domestic production. 


Finance officials said over the weekend that the government wanted to reduce its CPSD as quickly as it can to at most 2.5 percent and the budget deficit to zero by 2010. 


                    [DatePublished] => 2005-03-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 270301
                    [Title] => Consolidated public sector deficit seen at P203.865 billion this year
                    [Summary] => The country’s  consolidated public sector deficit (CPSD)  is expected to go down to P203.865 billion for the whole of 2005 from  P263.217 billion in 2004 as the Arroyo administration anticipated the impact of its revenue measures. 


Data from the Department of Finance (DOF)  showed that the consolidated public sector financial position would be better than expected in 2005 and the deficit would be less than originally projected. 


                    [DatePublished] => 2005-03-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 132866
                    [Title] => Public sector deficit lower than expected
                    [Summary] => The government incurred a consolidated public sector deficit (CPSD) of P82.5 billion in the first semester, lower than the programmed level of P90.3 billion.


Data from the Department of Finance (DOF) show that the P82.5-billion CPSD is equivalent to just 5.5 percent of gross national product (GNP) instead of the six percent of GNP as targetted.


                    [DatePublished] => 2001-09-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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)

abtest

Public sector incurs P8.6-billion H1deficit

By Iris Gonzales | November 12, 2012 - 12:00am

The country’s consolidated public sector deficit (CPSD) for the first semester of the year is estimated at P8.6 billion, Finance Undersecretary Jeremias Paul said in the latest CPSD report.

Business

Public sector deficit seen hitting P158 B

By Iris Gonzales | August 3, 2012 - 12:00am

The country’s consolidated public sector deficit (CPSD) is projected to hit roughly P158.3 billion next year or 1.3 percent of gross domestic product (GDP) as the government strives to trim the debt of the...

Business

DOF plans to cut CPS deficit

By Des Ferriols | May 9, 2005 - 12:00am

The Department of Finance (DOF) is going for an ambitious target to reduce the consolidated public sector deficit (CPSD) to 2.3 percent of gross domestic product (GDP), a sharp drop from the original 4.8-percent...

Business

No ODA till NG attains zero budget deficit — Purisima

By Des Ferriols | March 21, 2005 - 12:00am

The Arroyo administration said over the weekend it will not tap official development assistance (ODA) funds until it has eliminated its budget deficit or at least reduced its consolidated public sector deficit (CPSD)...

Business

Consolidated public sector deficit seen at P203.865 billion this year

By Des Ferriols | March 14, 2005 - 12:00am

The country’s consolidated public sector deficit (CPSD) is expected to go down to P203.865 billion for the whole of 2005 from P263.217 billion in 2004 as the Arroyo administration anticipated the impact of...

Business

Public sector deficit lower than expected

September 7, 2001 - 12:00am

The government incurred a consolidated public sector deficit (CPSD) of P82.5 billion in the first semester, lower than the programmed level of P90.3 billion. Data from the Department of Finance (DOF) show that the...

Business