Philippines recorded a government budget deficit of 60900 PHP Million in November of 2019.
Government Budget Value in Philippines averaged -6252.71 PHP Million from 1959 until 2019, reaching an all time high of 86872 PHP Million in April of 2019 and a record low of -178557 PHP Million in September of 2019. This page provides the latest reported value for - Philippines Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Bureau of the Treasury, Philippines
Government Budget Value in Philippines is expected to be -94000.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Philippines to stand at -82000.00 in 12 months time. In the long-term, the Philippines Government Budget Value is projected to trend around -79000.00 PHP Million in 2020, according to our econometric models.