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Budget gap shrinks to P1 trillion in 9 months

The government managed to trim its budget deficit from January to September to P1.01 trillion as higher revenues outpaced the growth of expenditure receipts amid a slight underspending during the period, according to the Bureau of the Treasury. ....

San Carlos , Negros Occidental , Michael Ricafort , Bureau Of Customs , Bureau Of Internal Revenue , Bureau Of The Treasury Btr , Gaming Corp , Rizal Commercial Banking Corp , Internal Revenue , Philippine Amusement , Commercial Banking ,

Government hikes borrowings for 1st time this year

The government increased its borrowings for the first time this year to P133 billion in August, as the Marcos administration marked its second month in office. ....

Benjamin Diokno , Bureau Of The Treasury , Secretary Benjamin Diokno ,

National debt breaches P13 trillion level in August Â

The outstanding debt of the national government has breached the P13-trillion mark after jumping to another record-high in August, effectively closing in to 97 percent of the expected obligations this year, according to the Bureau of the Treasury. ....

San Carlos , Negros Occidental , Michael Ricafort , Bureau Of The Treasury Btr , Rizal Commercial Banking Corp , Rizal Commercial Banking ,

Budget deficit shrinks on higher revenue growth

The government continued to narrow its budget deficit in August as growth in revenue outpaced spending receipts with consistent normalization of business operations and the overall economy, according to the Bureau of the Treasury. ....

San Carlos , Negros Occidental , Michael Ricafort , Bureau Of Customs , Bureau Of Internal Revenue , Bureau Of The Treasury Btr , Gaming Corp , Rizal Commercial Banking Corp , Commercial Banking , Internal Revenue , Philippine Amusement ,

National debt bloats to record high P12.9 trillion

The outstanding debt of the national government jumped to a record P12.89 trillion as of end-July, with the Marcos administration adding some P96.1 billion in obligations in its first month in office, according to data from the Bureau of the Treasury. ....

San Carlos , Negros Occidental , Michael Ricafort , Bureau Of The Treasury , Rizal Commercial Banking Corp , Commercial Banking ,