budget deficit Archives - Page 2 of 7

Gov’t incurred P164.7-b budget deficit in February

The government’s budget deficit widened to P164.7 billion in February 2024 from P106.4 billion in the same month last year, the Bureau of the...

11-month budget deficit fell 10% to P1.11t on slower gov’t spending

The government’s budget deficit went down by 24.75 percent in November to P93.3 billion from a year ago on lower public spending and improved...

September budget deficit widened 40% to P251b on lower tax collection

The government’s budget deficit widened by 40 percent in September 2023 to P250.9 billion from P179.8 billion a year ago on a double-digit decline...

Tax collection fell in August, gov’t budget deficit widened

The government’s budget deficit widened by 84.63 percent in August to P133 billion from P72 billion in the same month last year on lower...

Higher tax haul cut budget deficit to P47.8b in July

The government’s budget deficit eased to P47.8 billion in July 2023 from P86.8 billion a year ago on the back of a 33.40-percent growth...

Gov’t trimmed budget deficit to P599.5 billion in 7 months

The government’s budget deficit declined to P47.8 billion in July 2023 from P86.8 billion a year ago on the back of a 33.40-percent growth...

Budget deficit narrowed to P551.7 billion in first half of 2023

The government’s budget deficit narrowed to P551.7 billion in the first half of 2023 on higher revenue collection and lower-than-expected expenditures, data from the...

PH shares rise as investors cheer lower budget deficit

Philippine shares edged higher on Wednesday as the index went up by 8.64 points to close at 6,511.49 despite strong selling pressures. Philstocks Financial Inc....

May deficit down to P122 billion on higher revenues

The government’s budget deficit fell 16.7 percent in May to P122.2 billion from P146.8 billion a year ago as the 9.35-percent growth in revenues...

Outstanding gov’t debt rose to record P13.86t in March

The outstanding debt of the national government ballooned to a new record of P13.86 trillion as of end-March from P13.75 trillion in end-February as...

March deficit hit P210b as tax collection fell

The government’s budget deficit widened by 12.04 percent in March to P210.3 billion from P187.7 billion a year ago as revenues fell by nearly...

Two-month budget deficit decreased by 53% to P60.6b

The government’s budget deficit fell by more than half in the first two months despite the decreased revenue collection in February, data from the...

Gov’t debt soars to all-time high of P13.7t

The government’s outstanding debt ballooned to an all-time high of P13.70 trillion as of end-January this year from P13.42 trillion in December 2022 as...

2022 budget deficit declined 3.3% to P1.6t

The government incurred a budget deficit of P1.6 trillion in 2022, down 3.35 percent from the P1.7-trillion shortfall in 2021 as revenue collection outpaced...

Tag: budget deficit

Gov’t incurred P164.7-b budget deficit in February

11-month budget deficit fell 10% to P1.11t on slower gov’t spending

September budget deficit widened 40% to P251b on lower tax collection

Tax collection fell in August, gov’t budget deficit widened

Higher tax haul cut budget deficit to P47.8b in July

Gov’t trimmed budget deficit to P599.5 billion in 7 months

Budget deficit narrowed to P551.7 billion in first half of 2023

PH shares rise as investors cheer lower budget deficit

May deficit down to P122 billion on higher revenues

Outstanding gov’t debt rose to record P13.86t in March

March deficit hit P210b as tax collection fell

Two-month budget deficit decreased by 53% to P60.6b

Gov’t debt soars to all-time high of P13.7t

2022 budget deficit declined 3.3% to P1.6t

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