{
    "success": true,
    "data": {
        "id": 1468646,
        "msgid": "rp-debt-increases-to-record-high-1447893297",
        "date": "2004-12-20 00:00:00",
        "title": "RP debt increases to record high",
        "author": null,
        "source": "AP",
        "tags": null,
        "topic": null,
        "summary": "RP debt increases to record high MANILAL: Philippine central government debt in September rose 2.8 percent from a month earlier to a record US$66 billion as President Gloria Arroyo's administration continues to spend beyond its means. Domestic debt, which accounts for 53 percent of the total, rose 18 percent to 1.96 trillion pesos ($35 billion), the Department of Finance said. Foreign debt rose 15 percent to 1.77 trillion pesos.",
        "content": "<p>RP debt increases to record high<\/p>\n<p>MANILAL: Philippine central government debt in September rose 2.8<br>\npercent from a month earlier to a record US$66 billion as<br>\nPresident Gloria Arroyo's administration continues to spend<br>\nbeyond its means.<\/p>\n<p>Domestic debt, which accounts for 53 percent of the total,<br>\nrose 18 percent to 1.96 trillion pesos ($35 billion), the<br>\nDepartment of Finance said. Foreign debt rose 15 percent to 1.77<br>\ntrillion pesos. The Philippines, which has been running budget<br>\ndeficits since 1998, spends about a third of its revenue paying<br>\ninterest on the national debt.<\/p>\n<p>Standard &amp; Poor's and two others ratings companies have<br>\nthreatened to downgrade the nation's junk debt rating if the tax<br>\npackage isnFt passed. Lower ratings may increase borrowing costs<br>\nbecause investors who perceive higher risk will demand higher<br>\nyields. -- Bloomberg<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/rp-debt-increases-to-record-high-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}