Tag page - government revenue

Finance Secretary Benjamin Diokno said the condonation of all unpaid agrarian debt will have no impact on the government's revenue. DOF Secretary Benjamin Diokno (Noel B. Pabalate) Diokno stressed the government has already made plans about the government's target revenue and the condonation of the...

The national government’s budget deficit narrowed in February this year owing to lower public spending. Data from the Bureau of the Treasury showed that the government incurred a P105.8 billion fiscal gap during the month, down by nine percent from P116 billion in February 2021. The slimmer...

The national government’s budget deficit breached the P1 trillion mark in the first three quarters of the year, but cuts in expenditures allowed the Duterte administration to keep the funding gap below the ceiling. The Bureau of the Treasury reported Monday, Oct. 25, that the national...

The national government’s budget deficit narrowed in July this year due to slower public spending and higher revenue haul, the Bureau of the Treasury reported. The Duterte administration trimmed the government’s fiscal gap last month by 13.6 percent to P121.2 billion from P140.2 billion in July...