Philippines posts P171.2 billion budget deficit in February
MANILA — The Philippine government reported on Tuesday a budget deficit of P171.2 billion ($2.84 billion) for February, down slightly by 0.14% year on year. The figure brought the...
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MANILA — The Philippine government reported on Tuesday a budget deficit of P171.2 billion ($2.84 billion) for February, down slightly by 0.14% year on year. The figure brought the...
Budget experts invited by the Supreme Court warn that unprogrammed funds may weaken transparency and accountability, while others say they remain necessary with safeguards in place
Budget experts invited by the Supreme Court warn that unprogrammed funds may weaken transparency and accountability, while others say they remain necessary with safeguards in place
MANILA, Philippines – The Marcos administration’s infrastructure spending plunged in 2025 as the flood control corruption scandal derailed project implementation, dragging overall...
MANILA, Philippines — The government may need a total of P429 billion to fund its ongoing response measures should the Middle East conflict prevail by year-end, the Department of E...
THE NATIONAL Government’s (NG) budget deficit narrowed to P171.2 billion in February after revenue growth outpaced expenditures, the Bureau of Treasury said. Read the full story.
The proposal to adopt a Philippine Budgeting Code is both timely — and long overdue. For decades, the country’s budgeting framework has been held together by a patchwork of laws, e...
By Justine Irish D. Tabile, Senior Reporter THE National Government’s (NG) outstanding debt hit a fresh high of P18.16 trillion as of end-February, reflecting a stable and well-man...
MANILA, Philippines — The national government’s budget deficit narrowed marginally in February as early dividend remittances boosted revenues and tempered the pickup in spending. D...
By Justine Irish D. Tabile, Senior Reporter THE National Government (NG) debt as a share of gross domestic product (GDP) rose to 65.2% at the end of the first quarter, the highest...
THE PHILIPPINES’ pipeline of public-private partnership (PPP) projects has reached 252 with a combined value of P3.16 trillion, the government said. Data from the Public-Private Pa...
Pumalo sa P18.16 trilyon ang kabuuang utang ng Pilipinas nitong Pebrero 2026. Sa kalkulasyon, papatak na P158,171 ang utang ng bawat Pilipino, sanggol man o matanda. The post `Pina...
MANILA — The Philippines’ gross foreign reserves PHFXR=ECI dropped to $107.5 billion at the end of March, from the revised $113.3 billion a month earlier, the central bank said on...
THE Department of Budget and Management (DBM) said it will issue a circular ordering National Government (NG) agencies to reduce non-essential spending by 20%, citing the need to c...
Redrawing responsibility from design to execution
THE NATIONAL Government’s (NG) budget surplus narrowed sharply in April to P31.4 billion amid muted revenue growth as the deadline for filing annual income tax returns was moved to...
THE National Government’s (NG) outstanding debt hit a fresh high of P18.16 trillion as of end-February, reflecting a stable and well-managed debt position, the Bureau of the Treasu...
THE PHILIPPINES’ debt service on foreign loans continued to climb amid higher principal payments as of February, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed....
THE NATIONAL Government’s (NG) budget deficit narrowed to P171.2 billion in February after revenue growth outpaced expenditures, the Bureau of Treasury said.
The Philippines’ rank remained at 79th out of 116 countries and jurisdictions in the latest update of the Global Tax Expenditures Transparency Index (GTETI) by Council on Economic...
Critics say the capitol’s Panaad budget this year could have been used to aid Negrenses, particularly drivers of public utility vehicles and farm workers struggling to make ends me...
THE National Government (NG) debt as a share of gross domestic product (GDP) rose to 65.2% at the end of the first quarter, the highest ratio since 2005, data from the Bureau of th...
THE Asian Development Bank (ADB) urged the Philippines to finalize its borrowing plan for the year as the government faces a revenue shortfall while also planning to support segmen...
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