{
    "success": true,
    "data": {
        "id": 1210458,
        "msgid": "rp-posts-budget-surplus-1447893297",
        "date": "1995-05-17 00:00:00",
        "title": "RP posts budget surplus",
        "author": null,
        "source": "",
        "tags": null,
        "topic": null,
        "summary": "RP posts budget surplus MANILA (UPI): The Philippine Central Bank announced yesterday a budget surplus of 14.6 billion pesos (US$567 million) for the first four months of the year, or 228 percent higher than the target 6.39 billion pesos ($248 million). The Central Bank said the surplus came mostly from proceeds of privatization efforts as revenue collections from most state agencies failed to even meet their targets.",
        "content": "<p>RP posts budget surplus<\/p>\n<p>MANILA (UPI): The Philippine Central Bank announced yesterday<br>\na budget surplus of 14.6 billion pesos (US$567 million) for the<br>\nfirst four months of the year, or 228 percent higher than the<br>\ntarget 6.39 billion pesos ($248 million).<\/p>\n<p>The Central Bank said the surplus came mostly from proceeds of<br>\nprivatization efforts as revenue collections from most state<br>\nagencies failed to even meet their targets.<\/p>\n<p>The Metro Pacific Group paid the government last March 19<br>\nbillion pesos ($738 million) in downpayment for the sale of 214<br>\nhectares of Fort Bonifacio, a former military camp in the suburbs<br>\nof metropolitan Manila planned for conversion into an industrial<br>\nand commercial complex.<\/p>\n<p>Receipts from the privatization of other state-owned<br>\nproperties, meanwhile, totaled 6.45 billion pesos ($250 million).<\/p>\n<p>The $567 million surplus represents 81 percent of the 18<br>\nbillion pesos ($699 million) total budget surplus posted last<br>\nyear, the country's first fiscal surplus in 20 years.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/rp-posts-budget-surplus-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}