The national government’s budget deficit narrowed to P195.9 billion in March 2024 from P210.3 billion a year ago, as revenue grew 11.32 percent year-on-year, the Bureau of the Treasury said Wednesday.
The BTr said this improvement stemmed from strong revenue collection, compared to a modest 3.18-percent rise in spending.
Government revenue collection increased to P287.9 billion in March 2024, despite a 0.23 percent decline in tax revenues. The decrease was attributed...
The Bangko Sentral ng Pilipinas should respond with a tighter policy stance if inflation continues to accelerate in the coming months, the International Monetary...
The Bangko Sentral ng Pilipinas issued a circular on Monday to implement Republic Act No. 11765 or the Financial Products and Services Consumer Protection...
Metropolitan Bank & Trust Co., the second-largest lender in terms of assets, remains strong despite the global headwinds such as the rising interest rates...
