MANILA, Philippines — The government’s budget deficit narrowed in July amid faster revenue growth, the Bureau of Treasury reported on Thursday., This news data comes from:http://trks.xs888999.com
Budget shortfall narrows in July
The P18.9-billion deficit — from revenues of P472.3 billion and expenditures of P491.2 billion — markedly declined from June’s P241.6-billion deficit and July 2024’s P28.8-billion shortfall.
Year to date, the budget balance remained in deficit at P784.4 billion, higher than the P642.8 billion seen in the same period last year.
July revenues were up 3.26 percent from last year's P457.4billion. Taxes accounted for almost all of the month’s revenues at P423.0 billion.
To date, revenues and expenditures were 4.82 percent and 8.22 percent higher than P2.61 trillion and P3.25 trillion, respectively, recorded from January to July last year.
- Navotas inks deal for school feeding project
- Pagasa monitors LPA off Cavite, may still become tropical depression
- Australia halts logging for koala haven on eastern coast
- ERC amends net-metering rules to expand renewable energy options
- Marcos orders lifestyle checks on all government officials amid flood control probe
- DBP to be honored at inaugural Manila Times Sustainability Awards
- Maryland resident is diagnosed with New World screwworm. What to know about the parasite
- 'Lannie' exits PH — Pagasa
- Pag-IBIG: More than 25k register for socialized housing units under Expanded 4PH
- 4 of 15 contractors on Marcos list have clean records – DPWH
