MANILA, Philippines — The government’s budget deficit narrowed in July amid faster revenue growth, the Bureau of Treasury reported on Thursday.
The P18.9-billion deficit — from revenues of P472.3 billion and expenditures of P491.2 billion — markedly declined from June’s P241.6-billion deficit and July 2024’s P28.8-billion shortfall., This news data comes from:http://io-cau-vxg-cvny.705-888.com
Year to date, the budget balance remained in deficit at P784.4 billion, higher than the P642.8 billion seen in the same period last year.
July revenues were up 3.26 percent from last year's P457.4billion. Taxes accounted for almost all of the month’s revenues at P423.0 billion.
To date, revenues and expenditures were 4.82 percent and 8.22 percent higher than P2.61 trillion and P3.25 trillion, respectively, recorded from January to July last year.

Budget shortfall narrows in July
- LBC Express Holdings top executive to retire in Oct.
- Marcos orders 'sweeping review' of DPWH budget under 2026 NEP
- Trump hails Department of War rebrand as 'message of victory'
- Shooting of Indonesian diplomat in Peru investigated as a contract killing
- Two dead as strong earthquake jolts Afghanistan
- Vietnam evacuates thousands ahead of Typhoon Kajiki
- A suicide bombing near a political rally in southwestern Pakistan kills 13 and wounds 30
- Putin lands in Tianjin for summit hosted by China
- China's Xi holds talks with North Korea's Kim in Beijing
- Oil firms to hike pump prices Tuesday