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.

Units:  Billion
Details
Impact: Low
Country:
Currency: PHP
Latest Release
Previous: -PHP241.6B
Consensus: -PHP30.5B
Actual: -PHP18.9B
Next Release
Date: Sep 24, 03:00
Time left: 22 days