Edited at the Office of the President of the Philippines Under Commonwealth Act No. 638
A May 21, 2012 press release from the Department of Finance, Bureau of Treasury: The government data recorded a budget surplus in April due to continued double-digit growth in revenue collections more than enough to support an accelerated spending,. Continue reading
An April 26, 2012 press release from the Department of Finance, Bureau of Treasury: Collections of state revenue agencies continued to grow during the first three months of 2012, helping the government meet its revenue goal. Continue reading
An April 26, 2012 press release from the Department of Finance, Bureau of Treasury: Budget deficit for the first quarter was well below cap as government meets revenue targets while ramping up expenditures. Continue reading
An April 24, 2012 press release from the Department of Finance, Bureau of Treasury: The January to March fiscal deficit of the National Government reached P33.909 billion, P48.899 billion lower than the programmed ceiling of P82.808 billion. Continue reading
An April 3, 2012 press release from the Department of Finance, Bureau of Treasury: The January to February fiscal deficit of the National Government was recorded at 5.3 billion, lower than the deficit of P8.1 billion incurred during the same period last year. The National Government recorded a surplus in February amounting to P10.7 billion. Continue reading
The fiscal deficit of the National Government for January 2012 reached P 15.9 billion, or a reverse of the surplus registered during the same period last year. Continue reading
A December 21, 2011 press release from the Bureau of the Treasury: The National Government registered a deficit in November amounting to P22.003 billion. The January to November fiscal deficit of the National Government reached P96.254 billion, lower than the deficit of P267.328 billion incurred during the same period last year. Continue reading
A November 4, 2011 press release from the Department of Finance: The Department of Finance (DOF), Bureau of Internal Revenue (BIR), and Bureau of the Treasury (BTr), through the Office of the Solicitor General, filed their Comment on the PEACe Bonds case on November 2, 2011. It is now pending in the Supreme Court (G.R. No. 198756). Among the matters presented in the government’s Comment was that the Supreme Court’s Temporary Restraining Order (TRO) was received only on October 19, 2011, a day after the PEACe Bonds had matured and the 20 percent final tax on the interest income from the same was withheld.
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An October 25, 2011 press release from the Bureau of Treasury: The January to September fiscal deficit of the National Government reached P52.994 billion, P181.356 billion lower than the programmed ceiling of P234.350 billion. The National Government registered a deficit in September amounting to P18.501 billion. Continue reading
An August 25, 2011 press release from the Bureau of the Treasury, Department of Finance: The January to July fiscal deficit of the National Government reached P43.713 billion. The National Government registered a deficit in July amounting to P26.482 billion. Continue reading