Government Debt Reached €11 Billion by the End of June

Government debt reached €11 billion by the end of June

Government debt reached almost €11 billion at the end of last month, an increase of over €1 billion from the same month last year, according to recent figures.National Statistics Office (NS) figures released Friday show that by the end of June, government debt totalled €10.9 billion.The government’s Consolidated Fund, meanwhile, registered a deficit of €457...

National Government fiscal performance - BusinessWorld Online

THE NATIONAL Government’s (NG) budget deficit ballooned to P241.6 billion in June as state spending outpaced revenue collections, the Bureau of the Treasury (BTr) said on Thursday. Read the full story.

Philippines' budget deficit widened in June

MANILA, Philippines – The government’s budget deficit widened by 16 percent year-on-year in June to P241.6 billion, sending the total fiscal shortfall in the first half to P766 billion. Total revenue collections in June reached P306.9 billion, rising by 3.50 percent from last year’s level, the Bureau of the Treasury reported on Thursday. READ: Gov’t

Philippines' budget deficit at P241.6 billion in June

MANILA — The Philippine government posted a budget deficit PHBUD=ECI of P241.6 billion ($4.27 billion) in June, the Bureau of the Treasury said on Thursday. It brought the year-to-date budget deficit to P765.5 billion, versus a P613.9 billion shortfall a year earlier. ($1 = 56.636 Philippine pesos) —Reporting by Mikhail Flores; Editing by David Stanway The post Philippines’ budget deficit at P241.6 billion in June appeared first on Interaksyon.