Rappler's latest stories on budget surplus
Budget surplus widens to P44.5 billion under reenacted budget
The Bureau of the Treasury says the contraction in government spending was due to delays in the implementation of new projects and salary adjustments
Gov't underspending leads to narrower budget deficit as of April
The Philippines' budget deficit from January to April is at P115.9 billion, lower than the P167.1-billion projection
Government hits P33.4-B budget deficit in May
The government incurs a deficit of P33 4 billion P15 8 billion higher than the deficit recorded in the same month in 2016
Gov't nets P32.6-B budget surplus in August
August s surplus means the government has closed the 8 month fiscal gap to P138 4 billion
PH gov't records P6B surplus in November
This is the fourth time in 2015 that the government achieves a budget surplus
PH gov't registers P8B surplus in September
The DOF also reports that total government revenues reached P164 1 billion 3 5 billion in September 6 higher than last year s figure
PH gov't records P15B surplus in August
For the first 7 months of the year the government incurs a deficit of P3 4 billion significantly lower than the programmed deficit of P197 2 billion
PH gov't hits P13.75B surplus in H1
Increased efforts to speed up spending in June are not enough to offset government underspending in the first 5 months of 2015
Gov't incurs record-high budget surplus in May
The May budget surplus of P67 3B is 472 higher than the P11 8B surplus recorded in the same period in 2014
Gov’t underspending narrows deficit to 0.6% of GDP in 2014
To address underspending in 2014 the government says it will increase infrastructure investments by 4 of GDP in 2015
Gov’t deficit falls 86% for Jan-Oct
Lower than target spending in the first 10 months of 2014 pulls down the national government’s budget deficit
Government keeps deficit at P31B for Jan-Sept
The government receives flak for spending below program despite the need to accelerate expenditures for the reconstruction and rehabilitation in typhoon affected areas
Philippines posts P30-B budget surplus in August
The surplus in August is 36 higher than the P22 billion surplus registered in the same period in 2013 Netting out interest payments government spending only grew by 4 year on year
Gov’t fiscal deficit narrows to P1.8-B in July
The government s July deficit is down 97 from the same period in 2013 attributed to ramped up collection efforts by revenue generating agencies
Gov’t records P62.5-B budget deficit in June
Increased government spending resulted in the deficit
Gov't to borrow P135B in 3Q despite budget surplus
The finance department says the borrowing program for 2015 is lower than the P715 billion set for this year
Gov’t wipes out deficit end-May
The government books a surplus for the first 5 months of 2014 as revenue collections grow by double digits
PH imports forecasts raised, exchange rate adjusted
Despite revisions the growth target for 2014 is still attainable the NEDA chief says
PH posts P81-B budget surplus in April
This helped narrow down the deficit in January April to P3 3 billion versus P29 7 billion a year ago
Gov't posts P1-B budget surplus in November
Finance chief Cesar Purisima says the surplus is encouraging given that the government had to spend for recovery efforts following Typhoon Yolanda Haiyan
PH posts P22-B budget surplus in August
The government posts a P21 9 billion budget surplus in August as spending slows down
April surplus trims 4-month deficit to P29.7-B
The government s fiscal performance in April narrows the P66 478 billion budget deficit incurred in the first quarter
Gov't deficit far from targets due to slow spending
The government records a budget surplus of P31 billion in April resulting in a deficit of only P2 89 billion in first 4 months
Abad: PH likely hit second monthly budget surplus in April
The budget secretary says both government revenues and spending grew
