Saturday, May 2, 2026
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Tag: revenue collections

BIR, Customs collections plummeted 49% in May

The combined collections of the Bureau of Internal Revenue and the Bureau of Customs plummeted 48.6 percent in May to P135.5 billion from P263.6...

Govt posted P2.6-b surplus in May on strong collection

The government posted a budget surplus of P2.6 billion in May, a reversal of the P32.9-billion deficit a year ago, as strong revenue collections...

Government incurred P32.9-billion budget deficit in May

The government incurred a budget deficit of P32.9 billion in May, a reversal of the P46.3-billion surplus in April, as spending rose 12 percent...

‘PCSO rises to greater heights under Du30 govt’

The Philippine Charity Sweepstakes Office has aggressively increased its revenue collections and widened its charity services to the Filipino people especially to remote areas,...

Budget deficit in May hit P33.4b

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,...

Budget deficit narrows to P61.5b

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...

Budget deficit jumps 190% to P353b

The government’s budget deficit jumped 190 percent last year to a five-year high of P353.4 billion from P121.7 billion in 2015, as the Duterte...

Customs resets focus on easing transactions

The Bureau of Customs will  give top priority to trade facilitation rather than revenue collections, which has not been reaching its targets for the...

Govt posts P55-b budget surplus

The government posted a budget surplus of P55 billion in April this year, after the growth of revenue collections outpaced that of expenditures, data...
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