Tax reforms could unlock 7.1% of GDP fiscal gains — WB
The Philippines could unlock fiscal gains equivalent to 3.6% to 7.1% of GDP through better tax collection, government procurement and public-sector efficiency,…
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97,832 results for “Philippine fiscal deficit”
The Philippines could unlock fiscal gains equivalent to 3.6% to 7.1% of GDP through better tax collection, government procurement and public-sector efficiency,…
The Philippines could unlock fiscal gains equivalent to as much as 7.1 percent of gross domestic product (GDP) by improving tax collection, government spending…
Around 40 percent of the P7.2-trillion budget is already committed to automatic obligations like the National Tax Allotment and debt interest payments.
The Philippines’ balance of payments deficit widened to $5.9 billion in the first eight months of 2026, while gross international reserves rose to a five-month…
Political analyst Julio Teehankee said President Ferdinand Marcos Jr.'s 2026 State of the Nation Address reflects a shift toward economic populism, warning…
President Ferdinand R. Marcos Jr.'s shift in rhetoric during his 2026 State of the Nation Address (SONA) may pose challenges to his administration's fiscal…
The Office of the Vice President posted strong fiscal management in 2025, obligating over 92% of its P913.243 million budget and recording an 81% disbursement…
Isabela province achieves a perfect passing rate in the 2025 Good Financial Housekeeping audit, as all its cities and municipalities meet DILG standards for…
The Department of Energy says it is open to proposals to cut VAT on electricity to ease power costs, but warns any move must undergo careful fiscal review by…
Congress moved roughly P303 billion in programmed items — the Armed Forces of the Philippines modernization, universal tertiary education, personal benefits,…
The Philippines’ fiscal deficit narrowed to P171.2 billion in February 2026 as revenues surged 43.5% on stronger tax collections and early dividends, giving…
Former Albay Rep. Joey Salceda says President Ferdinand Marcos Jr.’s tighter fiscal controls and cuts to questionable spending have reduced the deficit and…
Sen. Ping Lacson backs President Marcos’ veto of unprogrammed budget items, saying it strengthens fiscal discipline, limits patronage, and protects key…
In the context of a limited government budget, it’s crystal clear that the MUP partake of more and the civilian non-uniformed counterpart of less, yet both are…
The Bangko Sentral ng Pilipinas projects the Philippines’ balance of payments to return to deficit in 2025 and 2026, driven by a current account shortfall,…
The Bangko Sentral ng Pilipinas projects the Philippines’ balance of payments to return to a deficit in 2025 and 2026, citing trade gaps, weaker services…
Bangko Sentral ng Pilipinas data showed the country’s BoP with a $2.6-billion deficit in April to June, reversing the $1.2-billion surplus recorded in the same…
The Philippines anticipates a rice supply deficit reaching 6.1 million metric tons by 2029, driven by increasing consumption and production challenges,…