Tag: budget
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Progress of 2025 budget on track, says DBM
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GOVERNMENT AGENCIES have turned in their 2025 budget proposals to the Department of Budget and Management (DBM) as of end-April, with next year’s spending plan still on track for submission to Congress by July, Budget Secretary Amenah F. Pangandaman said.
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Budget deficit narrows in March
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By Luisa Maria Jacinta C. Jocson, Reporter THE National Government’s (NG) budget gap narrowed in March amid a dip in tax collection and muted spending, the Bureau of the Treasury (BTr) reported on Wednesday. Data from the BTr showed the Philippines’ budget deficit shrank by 6.82% to P195.9 billion in…