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PHL gross borrowing declines 40.59% at end of June - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
End-Sept. cumulative deficit falls short of govt program, with spending below target cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.
End-Sept. cumulative deficit falls short of govt program, with spending below target cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.
Gross borrowings reach P1.9 trillion in the first half bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
endIndex: Metro Manila (CNN Philippines, December 23) The country s funding gap further ballooned in November as the government spends slightly more on financial assistance measures amid the COVID-19 pandemic, but rakes in less revenues through collection efforts. The Bureau of the Treasury reported a cumulative budget deficit of ₱1.069 trillion as of end-November, up from the ₱409.1 billion posted the year before. The recent figure still has ample elbow room against the government s revised full-year ceiling target of ₱1.815 trillion. Subsidy releases to the Land Bank and the Philippine Health Insurance Corporation drove public spending during the month, noted the bureau, along with capital infusions for government financial institutions for pandemic assistance or lending programs. These are in line with the Bayanihan to Recover as One Act, which serves as direly needed lifeline for sectors and individuals gravely affected by the health crisis. ....