Asia·Jul 24, 2026
Manila Runs Wider Deficit Yet Stays Under Target as Revenue Climbs Faster Than Spending
The Philippines recorded a P786.8 billion budget shortfall in the first six months, up 2.8 percent year-on-year, though fiscal discipline kept the gap below programmed levels amid stronger tax collection.
By Priyanka V. Rao · 5 min ·


