When a government’s spending exceeds its revenues, a budget deficit results. Governments generally issue interest-earning bonds to finance their budget deficits. These bonds comprise...
The Development Budget Coordination Committee updated the medium-term fiscal program, with the budget deficit expected to reach a record P774.3 billion by 2022 on...
The government’s budget deficit doubled to P90.9 billion in June from a P45.2-billion shortfall a year ago, as expenditures outpaced revenue collection during the...
THE government posted a budget deficit of P33.4 billion in May after recording a surplus a month ago as government spending outpaced revenue collections,...
The government’s budget deficit narrowed to P61.5 billion in March from P74.4-billion a year ago, as revenue collections continued to outpace the growth of...
FINANCE Secretary Carlos Dominguez III said the larger budget deficit of P353.4 billion in 2016 will result in an inclusive and strong economic growth...
The government incurred a budget deficit of P19.1 billion in November, as expenditures jumped 33 percent, outpacing the 18-percent growth in revenue collection.
This brought...
The government registered a budget deficit of P2.3 billion in October after spending dropped below target after rising in the previous months, the Finance...
