Tag: deficit
Govt Feb budget deficit widens 4.1% on-yr to P171.4B
The national government’s budget deficit widened 4.11 percent to P171.4 billion in February from P164.7 billion a year earlier, with strong revenue growth overwhelmed...
AMID GLOBAL TRADE UNCERTAINTY: BSP revises 2025 BOP outlook down to deficit from surplus
The Bangko Sentral ng Pilipinas (BSP) said it has revised downward its 2025 balance of payments (BOP) outlook to a deficit from a surplus...
Russia’s budget deficit jumps 14-fold in January
MOSCOW- Russia’s fiscal deficit jumped 14-fold in January due to a 73.6 percent increase in spending at the start of the year, reaching 1.7...
PH Dec payments swing to $1.5B deficit; 2024 at $609M surplus
The Philippines’ balance of payments (BOP) swung to a $1.5 billion deficit in December 2024 from a $642 million surplus in 2023, the Bangko...
Indonesia’s budget deficit smaller than expected
JAKARTA- Indonesia’s unaudited budget deficit for the 2024 fiscal year was 507.8 trillion rupiah ($31.38 billion), or 2.29 percent of GDP, smaller than the...
