Budget Deficit

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Friday, 29 August 2025
8 hours ago

Philippines trims July deficit to P18.9B on strong tax gains

The Philippines’ budget deficit narrowed in July as stronger tax collections outpaced modest spending growth, keeping the year-to-date shortfall within government targets.
25 Oct 2024
9:46AM

Philippine gov’t budget deficit rose in Sept as spending outpaced revenue growth

Despite the higher September deficit, the national government remains on track to meet its fiscal targets, with 65.4 percent of the P1.5-trillion full-year deficit program achieved as of September, the Bureau of the Treasury said.
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