From one government that failed to spend the budget, the economic team of the Duterte administration is doing the opposite. The new administration is...
Saudi Arabia is intensifying efforts to shrink the highest budget deficit among the world’s biggest 20 economies, aiming to cancel more than $20 billion...
The government incurred a P50-billion budget deficit in July, the first month in office of the Duterte administration, as revenue collection shrank and expenditures...
The government incurred a P120.3-billion budget deficit in the first half, as the former Aquino administration increased public expenditures in its last six months...
The economic team of newly-installed President Rodrigo Duterte reduced the economic growth targets and projected a wider budget deficit this year and next.
Growth will...
The incoming Duterte administration should improve the budget absorption of implementing agencies to reach the 3-percent budget deficit ceiling as a percentage of the...
The government’s budget deficit widened by 328 percent in March from a year ago, as revenue collection fell and government expenditures soared ahead of...
The government incurred a budget deficit of P34.6 billion in February on increased spending, or nearly four times the gap of P9.7 billion year-on-year.
The...
The national government incurred a budget deficit of P3.5 billion in January 2016, as both revenues and public spending rose, the Finance Department said...
The government’s budget deficit widened 66 percent in 2015 to P121.7 billion from P73.1 billion in 2014, as public spending grew faster than revenue...
The government incurred a P27-billion budget deficit in October as public spending rose for the fourth consecutive month, the Finance Department said Wednesday.
Finance said...
The government incurred a budget deficit of P22.1 billion in September, as the 17-percent growth in expenditures outpaced the 6-percent rise in revenues during...
