Thursday, January 1, 2026
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Tag: budget deficit

September gov’t spending tumbled amid flood control scandal

Both government revenue collection and public expenditures tumbled in September 2025 from a year ago as a flood control project scandal restrained disbursements, but...

Flights cancelled as strike hits Belgium

BRUSSELS – A national strike over a government savings plan grounded flights and disrupted public transport in Belgium on Tuesday, with tens of thousands...

Gov’t budget deficit shrank 34% to P18.9b in July 2025—BTr

The government's budget deficit narrowed by 34.4 percent to P18.9 billion in July 2025 from P28.8 billion recorded in the same month last year,...

Budget deficit widened to P765.5 billion in first half of 2025

The national government's budget deficit saw a 15.6-percent increase in June 2025 to P241.6 billion from P209.1 billion a year ago, the Bureau of...

Budget deficit narrowed in May as revenues jumped 13%

The Philippine government's budget deficit narrowed to P145.2 billion in May 2025 from P174.9 billion in the same month last year, the Bureau of...

Budget deficit widened 75% to P478.8b in Q1

The national government’s budget widened by 75.6 percent in the first quarter of 2025 to P478.8 billion from a year ago, according to the...

WHO faces criticism over hiring despite tight budget

The World Health Organization (WHO) faces criticism for alleged increase in its number of senior directors in Geneva, prompting questions about the organization's allocation...

2024 budget deficit declined to P1.5t, revenue effort hit 16.7%

The government’s budget deficit narrowed by 0.38 percent to P1.506 trillion in 2024 from a year ago, as revenue collections outpaced the growth in...

Budget deficit reached P1.2t in first 11 months

The government’s budget deficit reached P1.2 trillion from January to November this year, representing 79.29 percent of the P1.5 trillion full-year program, the Bureau...

Budget deficit widened to P273b in September

The national government incurred a budget deficit of P273.3 billion in September 2024, up by 8.9 percent from the P250.9-billion shortfall recorded a year...

Gov’t returns to global bond market to fund budget deficit

The government is again tapping the global bond market, seeking at least $500 million to help finance its budget deficit. The exact size of the...

March budget deficit fell as revenues grew over 11%

The national government’s budget deficit narrowed to P195.9 billion in March 2024 from P210.3 billion a year ago, as revenue grew 11.32 percent year-on-year,...

Gov’t incurred P164.7-b budget deficit in February

The government’s budget deficit widened to P164.7 billion in February 2024 from P106.4 billion in the same month last year, the Bureau of the...

11-month budget deficit fell 10% to P1.11t on slower gov’t spending

The government’s budget deficit went down by 24.75 percent in November to P93.3 billion from a year ago on lower public spending and improved...
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