An economist legislator has urged the government to consider borrowing money to “narrow the country’s budget gap amid the economic downturn caused by the...
The government’s budget deficit widened to P202.1 billion in May, a reversal of the P2.6-billion surplus a year ago, as government disbursements continued to...
The government incurred a budget deficit of P660.2 billion in 2019, up 18.3 percent from the P558.3-billion shortfall in 2018, driven by a 57.83-percent...
The national government incurred a budget deficit of P39.1 billion in November, as the 19-percent growth in disbursements outpaced the 7-percent expansion in revenue...
The government’s budget deficit widened 175 percent in October to P59.9 billion from P21.8 billion a year ago, as expenditures continued to outpace revenue...
The government’s budget deficit surged 160.7 percent in September to P96.2 billion from P36.9 billion a year ago, as expenditures exceeded the target for...
