Table A.2
Consolidated Public Sector Financial Position, 1999 - 2003
PARTICULARS Levels (in billion pesos) As Percent of GDP
1999 2000 2001 2002 2003 1999 2000 2001 2002 2003
Actual Actual Actual Proposed Proposed Actual Actual Actual Proposed Proposed
                     
PUBLIC SECTOR BORROWING REQUIREMENT        (131.90)        (179.09)        (189.68)           (191.53)         (218.43)       (4.4)       (5.4)       (5.2)        (4.8)        (5.1)
Percent of GNP     #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Percent of GDP     #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
                     
Percent of GNP     #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
Percent of GDP     #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
                     
National Government         (111.66)            (134.21)            (147.02)              (130.00)             (142.13)        (3.8)        (4.1)        (4.0)         (3.3)         (3.3)
CB Restructuring           (20.52)              (19.13)              (23.48)                (17.86)               (20.64)        (0.7)        (0.6)        (0.6)         (0.5)         (0.5)
Monitored GOCCs             (4.59)              (19.16)              (24.54)                (51.16)               (64.68)        (0.2)        (0.6)        (0.7)         (1.3)         (1.5)
Oil Price Stabilization Fund              1.91                 0.01                 0.82                   0.00                  0.00         0.1         0.0         0.0          0.0          0.0
Adjustments of Net Lending and Equity to GOCCS              2.96                (6.60)                 4.54                   7.48                  9.03         0.1        (0.2)         0.1          0.2          0.2
Other Adjustments                    0.00                 0.00                   0.00                  0.00          -          (0.2)         0.0          0.0          0.0
                     
Other Public Sector            37.50            22.67              17.44                 13.39                21.43         1.3         0.7         0.5          0.3          0.5
                     
SSS/GSIS            36.44               15.45                 9.31                   5.47                  7.76         1.2         0.5         0.3          0.1          0.2
Bangko Sentral ng Pilipinas             (3.93)                (0.04)                (0.05)                   0.64                  1.00        (0.1)        (0.0)        (0.0)          0.0          0.0
Government Financial Institutions              3.26                 2.83                 3.89                   3.54                  7.83         0.1         0.1         0.1          0.1          0.2
Local Government Units              3.20                 3.83                 4.19                   4.72                  4.86         0.1         0.1         0.1          0.1          0.1
Timing Adjustments of Interest Payments to BSP             (2.30)                 0.52                (0.02)                  (0.98)                 (0.02)        (0.1)         0.0        (0.0)         (0.0)         (0.0)
Other Adjustments              0.84                 0.08                 0.12                   0.00                  0.00         0.0         0.0         0.0          0.0          0.0
                     
CONSOLIDATED PUBLIC SECTOR SURPLUS/                    
(DEFICIT)          (94.40)        (156.42)        (172.24)           (178.14)         (197.00)       (3.2)       (4.7)       (4.7)        (4.5)        (4.6)
                     
Source: Department of Finance