17.a			MONETARY AUTHORITIES SURVEY (SOURCES OF RESERVE MONEY MOVEMENTS) 1
				as of end-periods indicated
				in million pesos
								2001	2002	2003	2004		2005		2006															2007
								Dec	Dec	Dec	Dec		Dec		Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	p	Nov	p	Dec	p	Jan	p
	Net Foreign Assets 2/							450,554	546,450	636,989	689,251		846,112		946,047	946,044	940,515	974,747	990,999	1,020,026	1,001,972	1,010,157	1,003,000	1,045,073		1,063,070		1,076,898		1,112,100
		Net International Reserves						587,301	691,632	781,781	819,183		937,032		1,033,957	1,033,126	1,026,353	1,047,340	1,068,830	1,098,640	1,076,227	1,083,159	1,075,397	1,098,595		1,114,782		1,127,726		1,160,754
			Foreign Assets (Gross International Reserves)					806,643	868,884	948,151	913,110		981,465		1,067,739	1,066,850	1,058,775	1,080,700	1,103,097	1,131,948	1,098,255	1,097,218	1,088,025	1,111,129		1,127,095		1,128,401		1,161,663
			Foreign Liabilities					219,342	177,252	166,370	93,927		44,433		33,782	33,724	32,422	33,360	34,267	33,308	22,028	14,059	12,628	12,534		12,313		675		909
		Medium and Long-Term Foreign Liabilities						136,747	145,182	144,792	129,932		90,920		87,910	87,082	85,838	72,593	77,831	78,614	74,255	73,002	72,397	53,522		51,712		50,828		48,654
	Net Domestic Assets 2/							-132,024	-184,647	-256,079	-271,443		-389,164		-523,581	-523,726	-499,565	-523,855	-550,611	-557,406	-551,129	-558,425	-520,683	-485,485		-440,493		-361,323		-419,843
		Net Claims on Residents (Net Domestic Credits)						145,468	159,227	142,882	121,930		65,735		-25,828	-8,579	1,866	22,172	34,620	-21,053	11,748	-5,626	44,859	101,426		141,640		179,678		162,944
			Net Claims on the Public Sector (Net Credits to the Public Sector)  3/					91,306	129,502	103,388	91,919	0	41,809		-50,673	-34,106	-23,897	-2,814	10,082	-46,475	-13,812	-30,500	20,031	77,082		117,579		156,785		140,528
				Net Claims on the National Government (Net Credits to the National Government)				61,190	73,458	19,938	11,185		-31,304		-123,749	-107,182	-96,971	-75,850	-62,953	-119,509	-86,742	-103,421	-52,889	-5,935		35,571		74,778		58,686
					NG -Securities			144,520	167,965	154,375	105,903		75,229		76,795	84,133	87,022	114,761	75,336	66,210	71,570	89,325	119,573	166,782		192,039		221,955		226,803
					NG -Loans			32,492	26,846	20,883	20,883		20,883		20,883	14,063	14,063	14,063	14,063	14,063	14,063	14,063	14,063	14,063		14,063		14,062		14,062
					Foreign Exchange Receivable			20,834	13,994	14,674	14,861		18,312		17,894	17,863	16,840	16,971	17,203	4,162	4,080	4,144	4,155	4,141		4,209		4,084		4,055
					Treasury IMF Accounts			50,141	56,490	65,780	70,185		60,393		59,880	59,103	58,409	60,740	62,627	63,155	60,804	60,116	58,857	58,491		59,556		58,438		57,684
					Deposits			86,515	78,857	104,214	60,277		85,335		179,441	164,138	156,487	160,905	106,928	140,789	115,651	150,837	131,823	132,430		115,184		106,885		128,550
				Claims on Non-Financial Public Corporations (Semi-Government Entities)				45	45	45	10		10		10	10	10	10	10	10	10	10	10	10		10		9		9
				Claims on Financial Public Corporations				30,071	55,999	83,405	80,724		73,103		73,066	73,066	73,064	73,026	73,025	73,024	72,920	72,911	72,910	83,007		81,998		81,998		81,833
			Claims on Other Sectors (Credits to the Private Sector)  3/					54,162	29,725	39,494	30,011		23,926		24,845	25,527	25,763	24,986	24,538	25,422	25,560	24,874	24,828	24,344		24,061		22,893		22,416
				Claims on the Other Depository Corporations				54,161	29,724	39,493	30,010		23,925		24,844	25,526	25,762	24,985	24,537	25,421	25,559	24,873	24,827	24,343		24,060		22,892		22,415
				Claims on Other Resident Sectors				1	1	1	1		1		1	1	1	1	1	1	1	1	1	1		1		1		1
		Net Other Items						-277,492	-343,874	-398,961	-393,373		-454,899		-497,753	-515,147	-501,431	-546,027	-585,231	-536,353	-562,877	-552,799	-565,542	-586,911		-582,133		-541,001		-582,787
			Revaluation Accounts					-31,166	-54,482	-84,955	-91,500		-64,435		-62,001	-61,595	-49,959	-66,747	-62,432	-65,247	-46,466	-43,750	-33,561	-26,732		-34,088		0		0
					Less:		Revaluation of International Reserves	57,302	52,633	57,000	91,500		64,435		62,001	61,595	49,959	66,747	62,432	65,247	46,466	43,750	33,561	26,732		34,088		0		0
					Plus:		Foreign Exchange Differential Account	15,946	19,292	22,489	0		0		0	0	0	0	0	0	0	0	0	0		0		0		0
					Plus:		Foreign Exchange Differential Account	0	0	0	0		0		0	0	0	0	0	0	0	0	0	0		0		0		0
					Plus:		Deferred Charges Credits-Gold	0	0	0	0		0		0	0	0	0	0	0	0	0	0	0		0		0		0
					Plus:		Revaluation of Gold Holdings-Price Fluctuations	10,190	0	0	0		0		0	0	0	0	0	0	0	0	0	0		0		0		0
					Less:		Revaluation of Gold Holdings-Price Fluctuations	0	21,141	50,444	0		0		0	0	0	0	0	0	0	0	0	0		0		0		0
			Capital and Reserves					-188,941	-197,756	-222,736	-240,883		-264,711		-271,830	-267,754	-269,608	-306,743	-287,890	-285,606	-282,107	-276,533	-273,297	-272,687		-279,987		0		0
			Other Assets/Liabilities					-57,385	-91,636	-91,270	-60,990		-125,753		-163,922	-185,798	-181,864	-172,537	-234,909	-185,500	-234,304	-232,516	-258,684	-287,492		-268,058		-541,001		-582,787
								318,530	361,803	380,910	417,808		456,948		422,466	422,318	440,950	450,892	440,388	462,620	450,843	451,732	482,317	559,588		622,577		715,575		692,257
	Reserve Money							318,530	361,803	380,910	417,808	0	456,948	0	422,466	422,318	440,950	450,892	440,388	462,620	450,843	437,583	437,933	463,368		495,912		547,295	0	692,257
		Currency Outside Monetary Authorities (Currency Issue)						244,998	271,695	294,782	322,466		336,558		293,222	289,942	296,148	305,131	304,495	294,477	289,806	287,071	290,715	305,430		320,083		384,492		331,726
		Required Reserves and Clearing Balances, Other Depository Corporations						73,504	90,054	86,085	95,283	0	120,356	0	129,170	132,365	144,772	145,736	135,685	167,853	160,761	150,053	146,754	157,684		175,584		162,472	0	360,203
		Required Reserves and Clearing Balances, Other Depository Corporations						73,504	90,054	86,085	95,283		120,356		129,170	132,365	144,772	145,736	135,685	167,853	160,761	150,053	146,754	157,684		175,584		162,472		180,250
		Reserve Deposit Account																												179,953
		Transferable Deposits Included in Broad Money, Other Resident Sectors						28	54	43	59		34		74	11	30	25	208	290	276	459	464	254		245		331		328
		Less: Cash in BTr's Vault						0	0	0	0		0		0	0	0	0	0	0	0	0	0	0		0		0		0
	1     This compilation is based on the expanded  definition of broad money (M3) and enhanced sectorization of accounts; and is consistent with the Depository Corporation Survey  table (Table 18.a)
	2     Figures for Dec 2001, Dec 2002, and Dec 2003 to Dec 2004 were revised to reflect the reclassification of released collaterals on Brady Bonds from non-IR to IR-eligible assets of the BSP.
	3     Revised to reclassify claims on financial public corporations from claims on other sectors to net claims on the public sector.