Gov’t slashed fiscal deficit

The Marcos administration's budget deficit in July narrowed by nearly 40 percent ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌      ͏ ‌     

View in browser   |   Download our app August 29, 2024 ECONOMY Gov't slashed fiscal deficit by 40% in July​ The Marcos administration's budget deficit in July narrowed by nearly 40 percent as a double-digit growth in revenue collection outpaced the modest increase in state spending.  By Mariedel Irish U. Catilogo BONDS PH returns to global mart with fresh dollar bonds The Marcos administration is set to return to the international debt market with the sale of more US dollar-denominated bonds. It was unclear as of press time how much the government is raising this time around, with the Bureau of the Treasury (BTr) saying only it was "benchmark-sized." The term generally means at least $500 million. By Mariedel Irish U. Catilogo ENERGY Energy exploration firms apply for 5 concessions Nine companies from here and abroad are seeking energy exploration service contracts in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) and other parts of the Philippines, the government said Wednesday. In a statement, the Department of Energy (DOE) said it conducted on Tuesday the opening of bids for the first BARMM Conventional Energy Bid Round. By Lisbet K. Esmael Like this email? Forward it to your friends and let them know that they can sign up here. BIZ BUZZ Polo Club drops 'delinking' scheme After a heated debate, they divided the house and the majority favored the status quo. Manila Polo Club members voted on Tuesday to junk a proposal to delink proprietary shares from associate memberships that can only be used by heirs while the parent shares are still held by their family. By Doris Dumlao-Abadilla INQUIRER PLUS-EXCLUSIVE Naia hosts more flights, passengers The soon-to-be-upgraded Ninoy Aquino International Airport (Naia) continued to see heavier passenger movement and more flights, showing a sustained demand for air travel so far this year. By Tyrone Jasper C. Piad Try Inquirer Plus. Inquirer Plus is the Philippine Daily Inquirer's premium subscription service. Register for a free 30-day trial to get access to Inquirer's fearless reporting, exclusive stories and more. REGISTER NOW Hi Edward. Have feedback? We're happy to hear it. Give Suggestions newsletter@inquirer.com.ph © 2024 PHILIPPINE DAILY INQUIRER, Barangay La Paz, Makati City, Philippines You are receiving this email because you are subscribed to Inquirer Newsletters. Unsubscribe anytime