I have heard the news that the budget deficit rose to PHP230B and they are seeing to reach PHP270B for the entire fiscal year.
Government Collections as of July results:
BIR Collection -- PHP453B
Customs Collection -- PHP142B
Total spending for the first month rose 8% to PHP705B from PHP654B last year.
Currency Exchange :
US DOLLAR : PHP48.69
UK POUND : PHP79.10
JPN YEN : PHP0.52
I hope the Philippine economy can recover from all the expenditures.
Showing posts with label customs collection. Show all posts
Showing posts with label customs collection. Show all posts
Philippine Economy
Posted by Crazyhorse | 10:18 PM | BIR collection, customs collection, july economic assessment philippines, philippine exchange rate, Phlippine economy budget deficit | 0 comments »
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