Tag page - cash operations report

Despite surging to ₱478.8 billion in the first quarter of 2025, the national government expects the full-year budget gap to stay within the ₱1.5 trillion target, citing expected non-tax revenues and a more balanced expenditure rollout in the coming months. Data from the Bureau of the Treasury...

The Marcos administration posted a ₱171.4-billion budget deficit in February 2025, as the government had spent more than it earned, according to the Bureau of the Treasury (BTr). February’s deficit reversed the over ₱68-billion seasonal surplus seen in the previous month. It was also higher...

The national government posted a ₱68.4 billion surplus in January 2025 as revenues outpaced spending, according to the Bureau of the Treasury (BTr). However, the January 2025 surplus was smaller than the ₱88 billion recorded in the same month in 2024.  Last year, only January, April, and...

The government’s total revenue collections for 2024 reached ₱4.419 trillion, surpassing the ₱4.270 trillion target and marking the highest revenue effort in 27 years at nearly 17 percent of the gross domestic product (GDP).    The budget deficit narrowed slightly by ₱5.7...

Increases in public spending last month forced the national government to raise its budget deficit in the first eight-months of the year near the trillion peso mark. Bureau of the Treasury office The Bureau of the Treasury reported on Thursday, Sept. 23, that the Duterte administration’s fiscal...