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Dissemination Standards Bulletin Board Special Data Dissemination Standard (AS PROVIDED TO THE IMF BY THE RESPECTIVE COUNTRY)   Philippines Central government debt (Outstanding Public Debt ) Last Posted: Oct-28-2008 Last Certified: Jan-11-2009 Last Updated: Jul-7-2006 Contact Person(s)          Printer Friendly Page   Ms. Awayan. P. Elizabeth , Officer in Charge, Statistical Data Analysis Division, Bureau of the Treasury, Palacio del Gobernador Bldg., Andres Soriano St., Intramuros, Manila   Phone : 63 2 5228122 local 413   Fax : 63 2 5273114   Email : epawayan@treasury.gov.ph  Dissemination Formats Summary Methodology Access National Summary Data Page Cross-country comparisons: access the DSBB metadata query facility

The Data: Coverage, Periodicity, and Timeliness
Coverage characteristics	5.1.1 Statistical presentation Data are disseminated in millions of pesos on the total gross outstanding debt of central government and covers budgetary and nonbudgetary (extrabudgetary) central government, referred to as "national government" The data comprise all liabilities of the central government (that is, including debt liabilities for government securities such as T-bills and T-bonds, and re-lent loans to government corporations). Data are disseminated on the following: A breakdown of total outstanding debt by maturity into short-term, and medium- and long-term based on the original maturity. Debt guaranteed by the central government. (These guarantees are for the loans and other debt liabilities of government financial institutions, and government-owned and government-controlled corporations.) A breakdown of total debt based on the residency of the debt holder into domestic and foreign debt. The fiscal year is the same as the calendar year.
Periodicity	4.1.1 Periodicity Monthly
Timeliness	4.1.2 Timeliness 8 to 10 weeks after the end of the reference month.
Access by the Public
Advance dissemination of release calendar	5.1.3 Advance release calendar An advance release calendar that gives one-quarter ahead notice of the precise release dates is posted on the NSCB Internet website (www.nscb.gov.ph). A regular notice to this effect is published in the BTr's "Annual Report".
Simultaneous release to all interested parties	5.1.4 Simultaneous release The data are released simultaneously to all interested parties by posting the data at the Bureau of the Treasury (BTr)'s Internet website: http://www.treasury.gov.ph.
Integrity
Dissemination of terms and conditions under which official statistics are produced, including those relating to the confidentiality of individually identifiable information	0.1.1 Responsibility for collecting, processing, and disseminating statistics Bureau of the Treasury The Department of Finance (DOF), through its Fiscal Policy and Planning Office (FPPO) and its Bureau of Treasury (BTr), collects, compiles and disseminates fiscal data for the public sector in the absence of a full and specific legal basis for all these activities. Executive Order of President No. 127 (EO 127) in general terms calls for the DOF to compile fiscal data (interpreted by the FPPO as being for public sector). EO 236 mandates the DOF collection and compilation of data on public financial and nonfinancial corporations. EO 449 implies that the DOF BTr, as fiscal agency for the national government, should collect and compile fiscal data for national government (budgetary central government). The two fiscal data compiling units within the DOF have working relationships that are consistent with noted responsibilities. While there is no specific legal requirement for public dissemination of fiscal data, significant dissemination occurs as a public service. Central government debt The data are compiled in accordance with the rules of the Commission on Audit (COA) contained in the Government Accounting and Auditing Manual (GAAM) published in January 2, 1992. The Bureau of the Treasury disseminates the central government debt data as a service to the public. 1.2.1 Disclosure of terms and conditions for statistical collection, processing, and dissemination Bureau of the Treasury The data are compiled in accordance with the rules of the Commission on Audit (COA) contained in the Government Accounting and Auditing Manual (GAAM) published in January 2, 1992. Executive orders related to the compilation of GFS are available to the public. For example, Executive Order No. 449, relevant for the BTr compilation of fiscal data on the national government, is described in the BTr 2002 Annual Report. The Bureau of the Treasury disseminates the central government operations data and central government debt data as a service to the public.
Identification of internal government access to data before release	1.2.2 Internal governmental access to statistics prior to release Bureau of the Treasury Special arrangements for noncompiling government officials, to access significant releases (such and monthly and annual reports) of fiscal data before publication, are identified and made public (on the SDDS site). Selected data on public sector operations are available within the DOF for three days prior to public release, data on BTr national government are available within DOF for one day prior to public release, and BTr data on national government debt are available within DOF for one day prior to public release. The Cash Operations Report of national government on a weekly basis, periodically made available as needed for the DOF Secretary, is not released to the public, and this availability and release policy for this specific high-frequency report is not identified and made public. The approval processes for the publication of GFS are not made public, but the approval process has been judged by DOF as implicit and widely understood, particularly for the common cases where the DOF Secretary releases the data. Central government debt There is no internal government access to the data before their release to the public.
Identification of ministerial commentary on the occasion of statistical releases	1.2.3 Attribution of statistical products Bureau of the Treasury Statistical publications are clearly identified so that the public is informed of the specific data-producing agency that is responsible. Major dissemination of fiscal data includes the DOF BTr monthly releases of the summary Cash Operations Report, the BTr Annual Report, and the annual DOF Statistical Bulletin. The statistical products, available on websites including the BTr site, identify contacts and agencies responsible for the data. Central government debt The data are released without ministerial commentary.
Provision of information about revision and advance notice of major changes in methodology	4.3.1 Revision schedule The data are preliminary when first released and are subject to revision until the release of the final report "Outstanding Public Debt for the Month of _,". Any revisions or changes for the previous month are reflected in the current report. Final data are released 10 weeks from the reference month/period. 1.2.4 Advance notice of major changes in methodology, source data, and statistical techniques. The public is informed of major changes in methodology at the time the changes are introduced.
Quality
Dissemination of documentation on methodology and sources used in preparing statistics	5.2.1 Dissemination of documentation on concepts, scope, classifications, basis of recording, data sources, and statistical techniques The data sources are specified in the report on the "Outstanding Public Debt for the Month of _,". Information on the methodology and sources is available on request from the contact person. (See also summary methodology)
Dissemination of component detail, reconciliations with related data, and statistical frameworks that support statistical cross-checks and provide assurance of reasonableness	4.2.1 Internal consistency The monthly "Outstanding Public Debt for the Month of _," publishes monthly data showing breakdowns by maturity (short-term, and medium- and long-term), and by original currency. The time series cover the period 1986 to 2005 and comprise all liabilities of the central government broken down by object classification (real and contingent; direct, assumed, and guaranteed).
Data Category Notes: Data Category Notes
Footnotes Last posted: Date IMF staff last posted an update to these metadata on the DSBB. Last certified: Date subscriber last officially certified the accuracy of these metadata. Last updated: Date subscriber last submitted an update of these metadata to the IMF.