Monday, December 29, 2025
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Tag: revenue collection

Budget deficit topped P1t in 11 months as tax collections fell

The government’s budget deficit more than doubled to P128.3 billion in November from the P60.9-billion shortfall registered a year ago, as public spending rose...

Budget deficit reached P741b in eight months

The government incurred a budget deficit of P40.1 billion in August, wider than the P2.5-billion shortfall a year ago, as revenue collection fell by...

QC boasts ₱26B in cash, investments

The Quezon City government has at least P26 billion in cash and investments, according to outgoing Mayor Herbert Bautista. Bautista said he was leaving the city...

12 Customs ports top revenue targets

Twelve of the 17 collection districts surpassed their respective revenue targets in February, contributing to the P44.4-billion overall collection of the Bureau of Customs. Documents...

11-month budget deficit widened by 96% to P477b

The national government incurred a budget deficit of P39.1 billion in November, as the 19-percent growth in disbursements outpaced the 7-percent expansion in revenue...

Government expenditures surged 43% in April

The government posted a P46.3-billion surplus in April on strong revenue collection despite the 43-percent surge in government spending. Data from the Bureau of the...

BoC exceeds revenue collection in February

The Bureau of Customs exceeded its revenue collection target for the month of February posting a surplus of P1.965  billion as the majority of...

Budget deficit widens to P205b

The government’s budget deficit widened 20 percent in the first seven months to P205 billion from a shortfall of P171 billion a year ago,...

Budget deficit hit P91b in June

The government’s budget deficit doubled to P90.9 billion in June from a P45.2-billion shortfall a year ago, as expenditures outpaced revenue collection during the...

Customs exceeds collection in 1st quarter

THE Bureau of Customs exceeded its revenue collection target for the first quarter of 2017 by 0.6 percent as the agency continues to implement...

Govt posts P2.2-b surplus

The government posted a P2.2-billion budget surplus in January this year, a reversal of the P3.5-billion deficit a year ago, as revenue collections rose...

November govt spending jumped

The government incurred a budget deficit of P19.1 billion in November, as expenditures jumped 33 percent, outpacing the 18-percent growth in revenue collection. This brought...

BoC hikes collection in August

THE revenue collection of the Bureau of Customs has improved for the month of August, which reached more than P32.6 billion, citing better collection...

July budget deficit hit P50b

The government incurred a P50-billion budget deficit in July, the first month in office of the Duterte administration, as revenue collection shrank and expenditures...
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