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The gap between government revenues and expenses is referred to as the government budget balance. When expenditures equal receipts, the budget is balanced, when revenues exceed expenditures, the country declares a budget surplus, and when expenditures exceed revenues, the budget is in deficit.

A higher than expected figure should be seen as positive (bullish) for the PHP while a lower than expected figure should be seen as negative (bearish) for the PHP.

Category:  Government Budget Value
Units: Billion
Impact: Low
Currency: PHP
Latest Release
Previous: -PHP121B
Consensus: -PHP82B
Actual: -PHP120.9B
Next Release
Date: Oct 22, 02:30
Time left: 4 days
Consensus -PHP126.5B