A faster economic expansion will be a factor that will narrow the budget deficit and reduce the debt-to-GDP ratio, an economist said Thursday.
Rizal Commercial...
The government’s budget deficit increased 54 percent in October to P99.1 billion from P64.3 billion a year ago as the expansion in spending outpaced...
The government’s budget deficit eased in September to P179.8 billion from P180.9 billion a year ago as the 24.8-percent increase in revenue collection outpaced...
Diokno says P1.16-trillion budget deficit seen with revenue shortfall next year
The government expects to borrow from mostly domestic sources to cover the projected P1.16-trillion...
The government’s budget deficit jumped 43.8 percent in June to P215.5 billion from a year ago, driven by the 27.91-percent growth in expenditures that...
The government’s budget deficit narrowed 2 percent in March to P187.7 billion from the P191.4-billion shortfall a year ago, as revenue collections outpaced expenditures,...
The government’s budget deficit declined 8.8 percent in February to P105.8 billion from a year ago, as revenue collection fell 3.26 percent and public...
The Department of Finance disclosed over the weekend a three-year plan to reduce the deficit-to-GDP ratio through fiscal consolidation as the economy resumes its...
The government’s budget deficit rose 66.3 percent in January to P23.4 billion from the P14.1-billion shortfall a year ago, as public disbursements increased 9.7...
