LGUs urged to raise more revenues, improve fiscal transparency The Department of Finance (DOF) has released in its Iskor ng ‘Yong Bayan website (http://iskor.blgf.gov.ph) the fiscal sustainability scorecards of 1,477…
"I am pleased to note that the National Government has recorded a budget deficit of P2.5 billion in October 2014, 77% narrower than the year-ago deficit, as revenue collections maintain…
01 December 2014 Manila, Philippines – The National Government (NG) registered a P2.5 billion fiscal deficit in October, 77% lower than the amount posted in the same period last year…
January to September Fiscal Deficit at P31.1 billion October 2014 Manila, Philippines – The National Government (NG) ran a P5.2 billion fiscal deficit in September after posting a surplus in…
25 September 2014 Manila, Philippines – The National Government (NG) recorded a P29.9 billion fiscal surplus in August, a 36% or P8.0 billion improvement over the surplus recorded a year…
“I am pleased to report that the National Government posted a deficit of P1.8 billion in July 2014, narrower than year-ago levels as a result of efficient collection of tax…
29 August 2014 Manila, Philippines – The National Government (NG) recorded a P1.8 billion fiscal deficit in July as revenue generating agencies ramped up collection efforts. The July deficit is…
BIR posts highest tax effort since 2000 As of September 2013, the National Government posted a Deficit-to-GDP ratio of 1.2%, way below the projected 2.0% for 2013. The budget deficit…
The National Government posted a deficit of P53.2 billion last July, bringing the year-to-date deficit to P104.5 billion, on track to meet the government program for the first three quarters…
9 September 2013 Manila, Philippines – The National Government incurred a P53 billion deficit in July as higher government operating expenses paced higher than expected revenue collections. The July deficit…
