Tag: rises
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Jobless rate rises to 3-month high
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THE PHILIPPINE unemployment rate climbed to a three-month high in April, while the quality of jobs deteriorated, the Philippine Statistics Authority (PSA) reported on Thursday.
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NG debt rises in April on weak peso
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THE NATIONAL Government’s (NG) outstanding debt returned to the P15-trillion level as of end-April due to the weaker peso, the Bureau of the Treasury (BTr) said.
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Budget surplus narrows in April as spending rises
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THE NATIONAL Government’s (NG) budget surplus narrowed in April as expenditures surged by 32%, outpacing the 22% rise in revenues, the Bureau of the Treasury said.
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Infrastructure spending rises 27% in Feb.
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By Beatriz Marie D. Cruz, Reporter INFRASTRUCTURE spending jumped by 27% in February as the government ramped up road and defense modernization projects, the Department of Budget and Management (DBM) said. In the latest National Government (NG) disbursement report, infrastructure and other capital outlays rose by 26.6% or P16.7 billion…