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 ...
Read moreTag: revenue collection
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 ...
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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, ...
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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 ...
Read moreBoC 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 ...
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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 ...
Read moreGovt collection to rise despite income tax deduction
The Finance Department said Friday it expects revenue collection to sustain growth in the long term, despite the implementation of ...
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BoC vows to meet collection target as CMTA takes effect
The Bureau of Customs, the government’s second biggest revenue source, expressed optimism that it will meet its revenue collection target ...
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