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Philippines' Jan-July budget gap at P837.3 billion

ABS-CBN News
Posted at Aug 24 11:02 AM

The Philippines posted a budget deficit of P121.2 billion in July bringing the total budget gap from January to July to P837.3 billion. Read more »

Philippines books P149.9 billion budget deficit in June

ABS-CBN News
Posted at Jul 27 02:22 PM

The Philippines booked a P149.9 billion budget deficit in June as government spending again outstripped income, the Bureau of Treasury said on Tuesday. Read more »

Philippines launches benchmark-sized dollar bond offer

Reuters
Posted at Jun 28 08:41 PM

The Philippines launched on Monday a benchmark-sized US dollar bond offering, seeking to raise more funds for budgetary support in a two-tranche issue following its yen- and euro-denominated bond sales earlier this year. Read more »

Philippines' budget deficit hits P566.2 billion in May

ABS-CBN News
Posted at Jun 22 04:24 PM

The Philippines booked a P200.3-billion budget deficit for May, bringing the total deficit for the year to P566.2 billion, the Bureau of Treasury said on Tuesday.    Read more »

Budget deficit widens to P321.5-B in first quarter as spending rises, revenues fall

ABS-CBN News
Posted at Apr 27 02:30 PM

The Philippines’ budget deficit widened to P321.5 billion from January to March this year, after booking a P191.4 billion shortfall last month, the Bureau of Treasury said on Tuesday.  Read more »

PH debt hits P10.4 trillion at end of February

ABS-CBN News
Posted at Mar 29 04:39 PM

The Philippine government’s total outstanding debt rose to over P10.4 trillion at the end of February, the Bureau of Treasury said on Monday. Read more »

PH budget deficit hits P14.1-B in Jan as spending rises, revenues fall

ABS-CBN News
Posted at Mar 17 04:31 PM

Treasury said government spending rose 1.18 percent during the month while revenue collection fell 11.51 percent. Read more »

Debt, budget deficit levels rising but remain manageable: Finance chief

ABS-CBN News
Posted at Jan 12 06:10 PM

The Philippines’ rising debt and budget deficit levels remain manageable and sustainable, the Department of Finance said on Tuesday.    Read more »

Government debt hits P10.13 trillion in end-November

ABS-CBN News
Posted at Jan 06 04:36 PM

Since January last year, domestic debt has increased by P2.06 trillion or 40.3 percent, while foreign debt increased by P338.44 billion or 13 percent. Read more »

Jan-Nov budget deficit exceeds P1T on weak revenue collection, spending uptick

ABS-CBN News
Posted at Dec 23 12:21 PM

MANILA - The Philippine budget gap from January to November breached the P1-trillion mark as tax and non-tax revenue collections remained weak amid slight improvement in government spending, the Bureau of the Treasury (BTr) said Wednesday.   Read more »

Saudi cuts spending as 2020 budget deficit soars due to pandemic, oil woes

Davide Barbuscia and Marwa Rashad, Reuters
Posted at Dec 16 08:49 AM

Saudi Arabia on Tuesday projected its 2020 budget deficit will soar to around $79 billion, as the world's top crude exporter reels from low oil prices and a coronavirus-led economic downturn. Read more »

Gov’t says fiscal stimulus enough despite forecasting worst post-war recession

ABS-CBN News
Posted at Dec 03 10:49 PM

The 2021 budget will be enough to revive the economy, government officials said on Thursday despite projecting the worst full-year recession since World War 2. Read more »

PH fiscal deficit balloons to P940.6-B from Jan-Oct on weak revenues

ABS-CBN News
Posted at Nov 25 01:43 PM

The national government's budget deficit widened in October from its year-ago figure as revenues shrunk and spending slowed for the month. Read more »

September budget deficit narrows on weak revenues, spending

ABS-CBN News
Posted at Oct 23 12:33 PM

The national government's budget deficit narrowed in September from its year ago figure, as spending dipped together with revenue collections.    Read more »

PH budget deficit widens in August as pandemic drags revenues

ABS-CBN News
Posted at Sep 23 12:32 PM

The national government's budget deficit widened in August as the Covid-19 pandemic dragged revenue collection, the Bureau of Treasury said in a statement on Wednesday. Read more »

PH budget deficit widens in July with higher spending, drop in revenue collection

ABS-CBN News
Posted at Aug 26 11:44 AM

The Bureau of Treasury said Wednesday the national government's budget deficit widened in July due to higher expenditures to fund COVID-19 rehabilitation and recovery efforts. Read more »

Budget deficit hits P202.1 billion in May as pandemic fuels spending

ABS-CBN News
Posted at Jun 23 04:58 PM

The Philippines posted a budget deficit of P202.1 billion in May as the government spent more while collecting less due to the COVID-19 pandemic, treasury data released Tuesday showed. Read more »

PH posts narrower budget deficit in Oct as revenue growth outpaces spending

ABS-CBN News
Posted at Nov 25 07:11 PM

The budget deficit hit P49.3 billion in October, down 17.7 percent compared to the same month in 2018, the Bureau of Treasury (BTr) said on Monday. Read more »

US budget deficit soars to almost $1 trillion, highest since 2012

Agence France-Presse
Posted at Oct 26 06:11 AM

America's budget deficit soared to nearly $1 trillion in the 2019 fiscal year as government borrowing swelled, the US Treasury announced Friday. Read more »

US budget deficit blasts past $1 trillion in August

Agence France-Presse
Posted at Sep 13 07:25 AM

The US budget gap soared past $1 trillion with a month still to go in the fiscal year -- the first time it has surpassed that level since 2009, the Treasury reported Thursday. Read more »