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
Latest Release
Previous:
-PHP121B
Consensus:
-PHP82B
Actual:
-PHP120.9B
Next Release
Date:
Oct 22, 02:30
Time left:
4 days
Consensus
-PHP126.5B
