[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"i-heroicons:chat-bubble-left-right":3,"categories":8,"i-heroicons:chevron-down":57,"i-heroicons:magnifying-glass":59,"i-lucide:moon":61,"i-lucide:sun":63,"i-heroicons:user-circle":65,"i-heroicons:bars-3":67,"footer-categories":69,"i-heroicons:rss":78,"article-dof-imf-debt-forecasting-tool-delayed-restart-september-2026":80,"article-related-dof-imf-debt-forecasting-tool-delayed-restart-september-2026":108,"i-heroicons:home":141,"i-heroicons:chevron-right":143,"i-heroicons:calendar":145,"i-heroicons:clock":147,"i-simple-icons:facebook":149,"i-simple-icons:x":151,"i-simple-icons:linkedin":153,"i-simple-icons:whatsapp":156,"i-heroicons:link":158},{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":7},0,24,false,"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"1.5\" d=\"M20.25 8.511c.884.284 1.5 1.128 1.5 2.097v4.286c0 1.136-.847 2.1-1.98 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government","2025-12-10T17:10:42.106866Z",{"id":22,"name":23,"slug":24,"description":25,"created_at":26,"updated_at":26},"ec735825-d1b2-4956-af88-07bc895af11b","Judiciary","judiciary","Supreme Court decisions, legal cases involving public officials, and justice system developments","2025-12-10T17:10:42.110026Z",{"id":28,"name":29,"slug":30,"description":31,"created_at":32,"updated_at":32},"e1ed44e2-637c-45ba-b7b8-471653490f41","Legislative","legislative","Bills, laws, committee hearings, and proceedings from the Senate and House of Representatives","2025-12-10T17:10:42.108465Z",{"id":34,"name":35,"slug":36,"description":37,"created_at":38,"updated_at":38},"987d90cc-177c-43bb-86d2-ce61f0968859","Local Government","local-government","News from provinces, cities, municipalities, and barangays including LGU programs, local ordinances, and regional development initiatives","2025-12-10T17:10:42.100342Z",{"id":40,"name":41,"slug":42,"description":43,"created_at":44,"updated_at":44},"36b2ea04-5b7f-4e75-bbf3-6a238e50600c","National Politics","national-politics","Coverage of Malacañang, Congress, and national government affairs including executive orders, legislative proceedings, and inter-agency coordination","2025-12-10T17:10:42.096683Z",{"id":46,"name":47,"slug":48,"description":49,"created_at":50,"updated_at":50},"00d0b27c-faad-413b-ab22-1a345c36b651","Opinion","opinion","Editorial commentary, expert analysis, and diverse perspectives on Philippine political issues and governance","2025-12-10T17:10:42.105211Z",{"id":52,"name":53,"slug":54,"description":55,"created_at":56,"updated_at":56},"27e70b57-ded6-4da9-a494-78d8a4d600e1","Policy","policy","Analysis of government policies, programs, and reforms including economic measures, social welfare initiatives, and regulatory changes","2025-12-10T17:10:42.103552Z",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":58},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"1.5\" d=\"m19.5 8.25l-7.5 7.5l-7.5-7.5\"/>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":60},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"1.5\" d=\"m21 21l-5.197-5.197m0 0A7.5 7.5 0 1 0 5.196 5.196a7.5 7.5 0 0 0 10.607 10.607\"/>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":62},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M20.985 12.486a9 9 0 1 1-9.473-9.472c.405-.022.617.46.402.803a6 6 0 0 0 8.268 8.268c.344-.215.825-.004.803.401\"/>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":64},"\u003Cg fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\">\u003Ccircle cx=\"12\" cy=\"12\" r=\"4\"/>\u003Cpath d=\"M12 2v2m0 16v2M4.93 4.93l1.41 1.41m11.32 11.32l1.41 1.41M2 12h2m16 0h2M6.34 17.66l-1.41 1.41M19.07 4.93l-1.41 1.41\"/>\u003C/g>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":66},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"1.5\" d=\"M17.982 18.725A7.49 7.49 0 0 0 12 15.75a7.49 7.49 0 0 0-5.982 2.975m11.964 0a9 9 0 1 0-11.963 0m11.962 0A8.97 8.97 0 0 1 12 21a8.97 8.97 0 0 1-5.982-2.275M15 9.75a3 3 0 1 1-6 0a3 3 0 0 1 6 0\"/>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":68},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"1.5\" d=\"M3.75 6.75h16.5M3.75 12h16.5m-16.5 5.25h16.5\"/>",[70,71,72,73,74,75,76,77],{"id":10,"name":11,"slug":12,"description":13,"created_at":14,"updated_at":14},{"id":16,"name":17,"slug":18,"description":19,"created_at":20,"updated_at":20},{"id":22,"name":23,"slug":24,"description":25,"created_at":26,"updated_at":26},{"id":28,"name":29,"slug":30,"description":31,"created_at":32,"updated_at":32},{"id":34,"name":35,"slug":36,"description":37,"created_at":38,"updated_at":38},{"id":40,"name":41,"slug":42,"description":43,"created_at":44,"updated_at":44},{"id":46,"name":47,"slug":48,"description":49,"created_at":50,"updated_at":50},{"id":52,"name":53,"slug":54,"description":55,"created_at":56,"updated_at":56},{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":79},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"1.5\" d=\"M12.75 19.5v-.75a7.5 7.5 0 0 0-7.5-7.5H4.5m0-6.75h.75c7.87 0 14.25 6.38 14.25 14.25v.75M6 18.75a.75.75 0 1 1-1.5 0a.75.75 0 0 1 1.5 0\"/>",{"id":81,"slug":82,"title":83,"summary":84,"content":85,"category_id":52,"status":86,"view_count":4,"published_at":87,"created_at":88,"updated_at":88,"category":89,"tags":91},"d9ed3656-ec44-4837-be38-3eba24c4eead","dof-imf-debt-forecasting-tool-delayed-restart-september-2026","DOF Restarts IMF-Backed Debt Forecasting Project — Nearly Two Years After It Stalled Over Staff Turnover","The Department of Finance says it's \"enhancing\" its ability to forecast the economy and debt using a toolkit the IMF first proposed in 2023. It stalled a year later when a leadership shake-up scattered the technical team — while national debt climbed to a record ₱19.39 trillion.","\u003Cp>The Department of Finance said this week it is resuming work on an IMF-backed macroeconomic and debt-forecasting toolkit — a project first requested in late 2022, launched with International Monetary Fund technical assistance in 2023, and then stalled for roughly a year after a leadership change at the department scattered the original technical team assigned to run it. The department says a retrained team, in place since November 2024, is now ready to put the tools to use, even as the country&#39;s outstanding debt hit a record ₱19.39 trillion at the end of July.\u003C/p>\n\n\u003Cp>The toolkit consists of two Excel-based systems built with IMF guidance: the Comprehensive Adaptive Expectations Model, which integrates data management, model assumptions and sectoral projections across the real, fiscal, external and monetary sectors of the economy, and a companion Macroeconomic Projection Tool. According to the department, &#34;the goal of the TA project is to further enhance the macroeconomic forecasts and policy analysis capacity&#34; — the kind of capacity a finance ministry uses to model how a tax change, a new loan, or an interest-rate shift ripples through the wider economy.\u003C/p>\n\n\u003Cp>What the department&#39;s announcement does not dwell on is why it took this long. The IMF&#39;s own technical assistance reports, cited in local reporting on the project, warned in blunt terms that turnover was a live risk to the timeline: &#34;Loss of core team members due to staff rotation risks delaying the implementation of the project and eroding the institutional knowledge.&#34; That is exactly what happened. Implementation was interrupted in 2024 &#34;due to a major leadership change at the DOF and the resignation of several members of the original core team,&#34; according to the IMF&#39;s account of the project — meaning the country&#39;s chief fiscal agency spent roughly a year without a functioning version of the very forecasting capacity it had asked the IMF to help build, at a point when debt levels were already climbing toward records.\u003C/p>\n\n\u003Cp>Three-plus years after the initial request, and roughly ten months after a new team was retrained, the department has yet to say when the tools will be fully operational or produce their first public forecasts. No official named in current reporting has offered a completion date, a first-use case, or a measure of how the delay affected the accuracy of the department&#39;s debt and fiscal projections in the interim — gaps that matter given how directly forecasting accuracy feeds into borrowing decisions and budget planning.\u003C/p>\n\n\u003Cp>The delay lands against an unflattering backdrop. National government debt reached a record ₱19.39 trillion at the end of July, according to Bureau of the Treasury data reported by Manila Bulletin, and the country&#39;s debt-to-GDP ratio has been projected to linger above 60% amid borrowing tied to the ongoing energy crisis — well above the 60% threshold international lenders and credit-rating agencies treat as a caution line for emerging economies. A finance department better equipped to model those dynamics in real time is, in principle, exactly what officials say they are building. In practice, it took a stalled project and a rebuilt team to get there.\u003C/p>\n\n\u003Ch3>Context\u003C/h3>\n\u003Cp>The Philippines has leaned on IMF technical assistance for macroeconomic modeling capacity for years as its debt profile has grown more complex, particularly after pandemic-era borrowing and, more recently, energy-sector-related debt. The DOF&#39;s Fiscal Policy and Planning Office typically uses these models to inform the annual Budget of Expenditures and Sources of Financing and the government&#39;s medium-term fiscal framework, both of which lawmakers are currently scrutinizing as they debate the ₱7.2-trillion 2027 national budget.\u003C/p>\n\n\u003Ch3>Sources\u003C/h3>\n\u003Cul>\n\u003Cli>\u003Ca href=\"https://businessmirror.com.ph/2026/09/17/dof-adopts-imf-backed-debt-forecast-tools/\" rel=\"nofollow noreferrer\">DOF adopts IMF-backed debt forecast tools\u003C/a>, BusinessMirror, Sept. 17, 2026\u003C/li>\n\u003Cli>\u003Ca href=\"https://tribune.net.ph/2026/09/18/dof-imf-develop-new-economic-forecasting-tool\" rel=\"nofollow noreferrer\">DOF, IMF develop new economic forecasting tool\u003C/a>, Daily Tribune, Sept. 18, 2026\u003C/li>\n\u003Cli>\u003Ca href=\"https://mb.com.ph/2026/09/17/dof-to-resume-delayed-adoption-of-imf-macroeconomic-forecasting-model\" rel=\"nofollow noreferrer\">DOF to resume delayed adoption of IMF macroeconomic forecasting model\u003C/a>, Manila Bulletin, Sept. 17, 2026\u003C/li>\n\u003Cli>\u003Ca href=\"https://mb.com.ph/2026/09/03/govt-debt-hits-record-1939-trillion-at-end-july-nears-revised-2026-ceiling\" rel=\"nofollow noreferrer\">Gov&#39;t debt hits record ₱19.39 trillion at end-July, nears revised 2026 ceiling\u003C/a>, Manila Bulletin, Sept. 3, 2026\u003C/li>\n\u003Cli>\u003Ca href=\"https://mb.com.ph/2026/05/27/philippines-debt-to-gdp-ratio-seen-lingering-above-60-amid-energy-crisis-borrowings\" rel=\"nofollow noreferrer\">Philippines&#39; debt-to-GDP ratio seen lingering above 60% amid energy crisis borrowings\u003C/a>, Manila Bulletin, May 27, 2026\u003C/li>\n\u003C/ul>","published","2026-09-19T22:18:49.89782Z","2026-09-19T22:18:49.898808Z",{"id":52,"name":53,"slug":54,"description":55,"created_at":90,"updated_at":90},"0001-01-01T00:00:00Z",[92,96,100,104],{"id":93,"name":94,"slug":95,"created_at":90,"updated_at":90},"882dac18-bf7d-4ee6-b693-bff1a9e36a74","DOF","dof",{"id":97,"name":98,"slug":99,"created_at":90,"updated_at":90},"70a141fd-f734-4b2a-b281-8bf69c356237","National Budget","national-budget",{"id":101,"name":102,"slug":103,"created_at":90,"updated_at":90},"28567362-5b60-4528-a766-2e7557be0e5a","Public Debt","public-debt",{"id":105,"name":106,"slug":107,"created_at":90,"updated_at":90},"b43cf7cf-b5d4-41dd-a1f9-f86a3a05b1be","Fiscal Policy","fiscal-policy",[109,117,125,133],{"id":110,"slug":111,"title":112,"summary":113,"status":86,"view_count":114,"published_at":115,"created_at":116,"category_name":53,"category_slug":54},"156014c1-2395-4db8-b95e-05946ec070b4","philippines-national-debt-p18-49-trillion-record-gdp-ratio-21-year-high-2026","Philippine National Debt Swells to Record P18.49 Trillion; Debt-to-GDP Ratio Reaches 21-Year High","The national government's outstanding debt hit a fresh high of P18.49 trillion at end-March 2026, driving the debt-to-GDP ratio to 65.2% — the worst reading since 2005 — as a weakening peso inflated the peso value of foreign-currency borrowings and domestic securities issuance continued at pace.",4,"2026-05-23T10:33:12.496725Z","2026-05-23T10:33:12.497485Z",{"id":118,"slug":119,"title":120,"summary":121,"status":86,"view_count":122,"published_at":123,"created_at":124,"category_name":53,"category_slug":54},"9638b272-f82a-421d-b9de-738de5258820","philippines-widest-deficit-sea-spending-cuts-debt-costs-surge-june-2026","Philippines Faces Steepest Spending Pressure in Southeast Asia as Debt Costs Surge and Deficit Exceeds Target","Oxford Economics warns that Manila — carrying the widest fiscal deficit in ASEAN at 5.6% of GDP — will be forced to rein in government spending as interest payments consume over 15% of revenue and borrowing costs climb, compounding the infrastructure collapse already caused by the flood control graft crackdown.",9,"2026-06-10T07:26:58.041805Z","2026-06-10T07:26:58.042004Z",{"id":126,"slug":127,"title":128,"summary":129,"status":86,"view_count":130,"published_at":131,"created_at":132,"category_name":53,"category_slug":54},"63d5efd4-c11c-4f08-95a4-ef0e6c995e7a","national-government-debt-service-bill-jumps-12-percent-314-billion-april-2026-btr","National Government's Debt Service Bill Jumps 12% to ₱314.89B in April; Four-Month Total Hits ₱1.05 Trillion","Bureau of the Treasury data show the government's debt service bill rose 12.1% year-on-year to ₱314.89 billion in April and surged 68.9% to ₱1.05 trillion in the first four months of 2026 — already half of last year's full-year total — as analysts split over whether the spike reflects lumpy maturities or a deeper squeeze on development spending.",2,"2026-06-10T07:27:06.516225Z","2026-06-10T07:27:06.516516Z",{"id":134,"slug":135,"title":136,"summary":137,"status":86,"view_count":138,"published_at":139,"created_at":140,"category_name":53,"category_slug":54},"5e18ed5d-ca13-461b-85d6-75081546f741","dbm-releases-87-percent-2026-budget-dpwh-catches-up-infrastructure-spending-slump-june-2026","Gov't Releases 87.7% of the P6.79-Trillion Budget but Lags Last Year's Pace as Infrastructure Spending Stays in a Slump","The Department of Budget and Management has released 87.7% of the P6.793-trillion 2026 national budget as of end-May — slower than the 90.4% disbursed a year earlier — even as the long-lagging DPWH finally received 96.6% of its allocation. But capital spending remains depressed: infrastructure and other capital outlays plunged 52% to P41.5 billion in April, the 10th straight monthly decline since the flood-control corruption scandal erupted.",6,"2026-06-21T22:10:21.312164Z","2026-06-21T22:10:21.312996Z",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":142},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"1.5\" d=\"m2.25 12l8.955-8.955a1.124 1.124 0 0 1 1.59 0L21.75 12M4.5 9.75v10.125c0 .621.504 1.125 1.125 1.125H9.75v-4.875c0-.621.504-1.125 1.125-1.125h2.25c.621 0 1.125.504 1.125 1.125V21h4.125c.621 0 1.125-.504 1.125-1.125V9.75M8.25 21h8.25\"/>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":144},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"1.5\" d=\"m8.25 4.5l7.5 7.5l-7.5 7.5\"/>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":146},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"1.5\" d=\"M6.75 3v2.25M17.25 3v2.25M3 18.75V7.5a2.25 2.25 0 0 1 2.25-2.25h13.5A2.25 2.25 0 0 1 21 7.5v11.25m-18 0A2.25 2.25 0 0 0 5.25 21h13.5A2.25 2.25 0 0 0 21 18.75m-18 0v-7.5A2.25 2.25 0 0 1 5.25 9h13.5A2.25 2.25 0 0 1 21 11.25v7.5\"/>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":148},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"1.5\" d=\"M12 6v6h4.5m4.5 0a9 9 0 1 1-18 0a9 9 0 0 1 18 0\"/>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":150},"\u003Cpath fill=\"currentColor\" d=\"M9.101 23.691v-7.98H6.627v-3.667h2.474v-1.58c0-4.085 1.848-5.978 5.858-5.978c.401 0 .955.042 1.468.103a9 9 0 0 1 1.141.195v3.325a9 9 0 0 0-.653-.036a27 27 0 0 0-.733-.009c-.707 0-1.259.096-1.675.309a1.7 1.7 0 0 0-.679.622c-.258.42-.374.995-.374 1.752v1.297h3.919l-.386 2.103l-.287 1.564h-3.246v8.245C19.396 23.238 24 18.179 24 12.044c0-6.627-5.373-12-12-12s-12 5.373-12 12c0 5.628 3.874 10.35 9.101 11.647\"/>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":152},"\u003Cpath fill=\"currentColor\" d=\"M14.234 10.162L22.977 0h-2.072l-7.591 8.824L7.251 0H.258l9.168 13.343L.258 24H2.33l8.016-9.318L16.749 24h6.993zm-2.837 3.299l-.929-1.329L3.076 1.56h3.182l5.965 8.532l.929 1.329l7.754 11.09h-3.182z\"/>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":154,"hidden":155},"\u003Cpath fill=\"currentColor\" d=\"M20.447 20.452h-3.554v-5.569c0-1.328-.027-3.037-1.852-3.037c-1.853 0-2.136 1.445-2.136 2.939v5.667H9.351V9h3.414v1.561h.046c.477-.9 1.637-1.85 3.37-1.85c3.601 0 4.267 2.37 4.267 5.455v6.286zM5.337 7.433a2.06 2.06 0 0 1-2.063-2.065a2.064 2.064 0 1 1 2.063 2.065m1.782 13.019H3.555V9h3.564zM22.225 0H1.771C.792 0 0 .774 0 1.729v20.542C0 23.227.792 24 1.771 24h20.451C23.2 24 24 23.227 24 22.271V1.729C24 .774 23.2 0 22.222 0z\"/>",true,{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":157},"\u003Cpath fill=\"currentColor\" d=\"M17.472 14.382c-.297-.149-1.758-.867-2.03-.967c-.273-.099-.471-.148-.67.15c-.197.297-.767.966-.94 1.164c-.173.199-.347.223-.644.075c-.297-.15-1.255-.463-2.39-1.475c-.883-.788-1.48-1.761-1.653-2.059c-.173-.297-.018-.458.13-.606c.134-.133.298-.347.446-.52s.198-.298.298-.497c.099-.198.05-.371-.025-.52s-.669-1.612-.916-2.207c-.242-.579-.487-.5-.669-.51a13 13 0 0 0-.57-.01c-.198 0-.52.074-.792.372c-.272.297-1.04 1.016-1.04 2.479c0 1.462 1.065 2.875 1.213 3.074s2.096 3.2 5.077 4.487c.709.306 1.262.489 1.694.625c.712.227 1.36.195 1.871.118c.571-.085 1.758-.719 2.006-1.413s.248-1.289.173-1.413c-.074-.124-.272-.198-.57-.347m-5.421 7.403h-.004a9.87 9.87 0 0 1-5.031-1.378l-.361-.214l-3.741.982l.998-3.648l-.235-.374a9.86 9.86 0 0 1-1.51-5.26c.001-5.45 4.436-9.884 9.888-9.884c2.64 0 5.122 1.03 6.988 2.898a9.82 9.82 0 0 1 2.893 6.994c-.003 5.45-4.437 9.884-9.885 9.884m8.413-18.297A11.82 11.82 0 0 0 12.05 0C5.495 0 .16 5.335.157 11.892c0 2.096.547 4.142 1.588 5.945L.057 24l6.305-1.654a11.9 11.9 0 0 0 5.683 1.448h.005c6.554 0 11.89-5.335 11.893-11.893a11.82 11.82 0 0 0-3.48-8.413\"/>",{"left":4,"top":4,"width":5,"height":5,"rotate":4,"vFlip":6,"hFlip":6,"body":159},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"1.5\" d=\"M13.19 8.688a4.5 4.5 0 0 1 1.242 7.244l-4.5 4.5a4.5 4.5 0 0 1-6.364-6.364l1.757-1.757m13.35-.622l1.757-1.757a4.5 4.5 0 0 0-6.364-6.364l-4.5 4.5a4.5 4.5 0 0 0 1.242 7.244\"/>"]