Virus crisis sends Canada deficit soaring to all-time high

The Canadian government's debt is seen to surge from $765 billion in March 2020 to $1.236 trillion by March 2021

[ANALYSIS] How the budget deficit exploded under Duterte’s watch

Allowing the deficit to blow up to 6.8% last quarter does not reflect well on fiscal managers and suggests fiscal irresponsibility and mismanagement

[OPINION] Giving attention to Attention Deficit Hyperactivity Disorder

ADHD is considered as the most commonly diagnosed mental disorder among children. Could your child have it, and what should be done about it?

PH trade deficit ‘alarming,’ says BOI official

BOI executive director Ma. Corazon Dichosa says trade deficit of the country for the past 5 years has averaged 76.54%

Imports, exports down in September 2019

An analyst says the pullback in September imports, despite the drop in exports, means that net trade will likely not weigh on overall growth momentum in the 3rd quarter of 2019

August 2019 trade figures point to Q3 GDP growth struggle

The Philippines' total trade declines by 7% in August 2019 due to weaker exports and continued decline in imports

Philippine total trade declines by 1.3% in July 2019

Exports slightly improve by 3.5%, while imports drop by -4.2% in July 2019

Trade gap narrows in June 2019 as Philippines imports less steel

Total imports decrease by 10.4%, led by iron and steel. Meanwhile, 7 out of 10 major export commodities grow.

Trade deficit narrows in May 2019 as imports drop

Due to the decrease in 6 of the top 10 imported goods and a slight increase in exports, the Philippines' trade deficit slightly narrows in May 2019

U.S. trade deficit surges to 10-year high in 2018

America's trade deficit with the world jumped 12.5% to $621 billion, the Commerce Department reports, as both imports and exports rose to the highest levels ever

Rising 'above serial underspending’? Budget gap widens in 2018

The fiscal deficit in 2018 reaches P558.3 billion, 3.2% of the country's gross domestic product

'Nature-deficit disorder'

Nature experience is essential in the inner life of any child

NEDA asks gov’t to support exports as trade gap worsens

The trade deficit widened by 62.9% in October 2018, says the Philippine Statistics Authority

Philippines to meet budget deficit target in 2018, says DOF

The Bureau of the Treasury says the year-to-date fiscal gap stands at P438.1 billion of the P523.6-billion target cap

Trade deficit balloons by 171% in July 2018

Imports accelerate by 32%, while exports languish at 0.3%

Weak peso fails to lift Philippine exports in June 2018

The Philippine Statistics Authority says the country posted a wider year-on-year trade deficit in June after imports rose to their fastest pace

Philippines' trade deficit widens by 47.6% in May 2018

The Philippine Statistics Authority says the country's imports further increased by 11.4%, while exports slumped by 3.8%

Agriculture trade deficit widens in Q1 2018

The Philippine Statistics Authority says the Philippines' agricultural imports rose while exports declined, which widened the trade deficit by 41% to $1.83 billion

Gov't now expects 2018 inflation to reach as high as 4.5%

The government previously pegged inflation at just within 2% to 4%, but prices keep rising. Meanwhile, the deficit forecast is also raised to 'sustain the momentum of the Build, Build, Build program.'

#ThewRap: Things you need to know, May 24, 2018

Hello! Here are the stories you shouldn't miss this Thursday.

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

World Bank expects stable 6.7% growth for PH in 2018, 2019

'Any growth above 6.7% would require vigorous investment in physical and human capital to push the economy beyond its current potential output,' says the World Bank

7% economic growth 'very achievable' this year – BPI

The Ayala-led bank also predicts the peso will depreciate 3-4% every year until 2021 as the government's infrastructure buildup progresses

PH foreign trade up 9.9% in 2017

Total imports and exports exceed government targets for the year, posting 10.2 % and 9.5 % growth rates, respectively, while the trade deficit hit a record $4.02 billion in December 2017

Gov't deficit narrows in November on 16% higher collections

This offset the 10% increase in government spending for the month, but the year-to-date deficit is still wider by 4% compared to the same period in 2016

Fitch upgrades Philippines' credit rating

(UPDATED) The upgrade from BBB- to BBB is due to strong economic growth and the tax reform initiative

[OPINION] Duterte’s ‘twin deficits’: What you need to know

One can’t help notice that the Duterte and Marcos economic strategies – a huge infrastructure spending spree financed by deficits – are eerily similar

US deficit grows to $666 billion as lawmakers eye tax cuts

Higher outlays for social security, Medicare, and Medicaid as well as interest on the public debt all contributed to the rise in outlays

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

#PugadBaboy: Parents Being the First Teachers

'Political noise' not causing weaker peso – expert

The Philippines shrinking current account surplus is the main reason why the peso has fallen to more than P50 to the US dollar according to a risk consultant

PH needs strong institutions to overcome 'trust deficit'

Ateneo School of Government dean Ronald Mendoza says people need to trust in their leaders and institutions for reforms to take root

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

Balanced budget 'impractical' for the PH until 2022 – Diokno

Philippine economic managers flesh out the proposed P3 3 trillion national budget for 2017 – an amount seen to help free the country from high socioeconomic inequality

EU abandons budget fines against Spain, Portugal

Sanctions even symbolic ones would not have been understood by the public explains EU economic affairs commissioner Pierre Moscovici

Gov’t deficit rises to P120.3B in H1 2016

For the first 6 months of the year government spending totaled P1 22 trillion 14 higher than last year s P1 07 trillion

IMF retains PH growth outlook for 2016 despite global headwinds

The Philippines is seen to survive the twin threats of the Brexit fallout and an impending interest rate hike by the US Fed

Dominguez: Ceiling on spending could be raised this year

The Duterte administration s economic managers also plan to fast track infrastructure projects

Peso could hit P50 vs dollar next year – BPI

The Bank of the Philippine Islands cites potential rate hikes by the US Federal Reserve as well as the expected increase in infrastructure spending

ING raises PH growth forecast to 6.5% this year, 6.2% in 2017

The upgrades are a result of the Duterte administration s plans to increase deficit spending to 3 of GDP from the previous 2

COA: Nueva Ecija had P140M projected cash deficit in 2015

UPDATED State auditors also say the cash deficit forecast means its trust fund had been used for purposes it was not meant for in violation of Section 305 e of the Local Government Code of 1991 which states trust funds can only be spent for their intended specific purpose

The real highs of nature-tripping

[Science Solitaire] What happens really when you spend time with nature?

PH gov't records P6B surplus in November

This is the fourth time in 2015 that the government achieves a budget surplus

Saudi Arabia posts record $98 billion deficit in 2015 – ministry

The budget deficit is the highest in the history of Saudi Arabia the world s largest oil exporter

Customs unlikely to hit 2015 revenue target

The agency is aiming for P436 6 billion 9 258 billion in revenue for 2015 but has collected only P353 07 billion 7 487 as of December 17

BSP expects healthier BOP surplus in 2016

This is despite recording a deficit of 141 million P6 67 billion due primarily to debt repayments in November

PH gov't deficit rises to P27B in October

Spending growth overtakes revenue collections for the fourth month in a row

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

#PugadBaboy: Sexaholic punchline 3