{"id":104290,"date":"2017-05-27T01:04:45","date_gmt":"2017-05-27T05:04:45","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=104290"},"modified":"2017-05-27T01:04:45","modified_gmt":"2017-05-27T05:04:45","slug":"phl-govt-posts-php52-8b-budget-surplus-in-april-17","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/05\/27\/phl-govt-posts-php52-8b-budget-surplus-in-april-17\/","title":{"rendered":"PHL gov\u2019t posts PHP52.8B budget surplus in April ’17"},"content":{"rendered":"
\"State<\/a>
State revenue collection in April 2017 rose four percent year-on-year, partly due to the deadline of filing of income tax returns, enabling the government to post a PHP52.8 billion budget surplus. (Photo: Bureau of the Treasury-Intramuros, Manila\/Facebook<\/a>)<\/figcaption><\/figure>\n

MANILA\u2014State revenue collection in April 2017 rose four percent year-on-year, partly due to the deadline of filing of income tax returns, enabling the government to post a PHP52.8 billion budget surplus.<\/p>\n

Data released by the Bureau of the Treasury (BTr) Friday showed that the budget surplus in the fourth month this year is, however, 4.4 percent lower than year-ago\u2019s PHP55 billion.<\/p>\n

Revenues for the month amounted to PHP235.9 billion, four percent than year-ago\u2019s PHP246.6 billion.<\/p>\n

Of the total, the Bureau of Internal Revenue (BIR) contributed PHP219.9 billion, up four percent from year-ago\u2019s PHP211.8 billion.<\/p>\n

Collections by the Bureau of Customs (BOC) reached PHP31.1 billion, down five percent compared to the PHP32.7 billion same period last year.<\/p>\n

Revenues of the BTr contracted by 75 percent to PHP7.1 billion but the Other Offices posted a 29 percent increase in collection to PHP8.9 billion.<\/p>\n

Expenditures last April reached PHP183.1 billion, four percent down against the PHP191.6 billion same period last year.<\/p>\n

For the four-month period, revenues totaled to PHP768.3 billion, up six percent than year-ago\u2019s PHP725.6 billion.<\/p>\n

Expenditures are up two percent to PHP798.4 billion from the end-April 2016\u2019s PHP783.1 billion.<\/p>\n

This resulted to a budget gap of PHP30.2 billion, down 47 percent than the PHP57.5 billion same period last year.<\/p>\n

BIR and BOC\u2019s collection both rose 10 percent during the period to PHP558.1 billion and PHP135.3 billion, respectively.<\/p>\n

BTr revenues amounted to PHP30.1 billion, down 43 percent, and the Other Offices\u2019 collection rose by nine percent to PHP38.8 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA\u2014State revenue collection in April 2017 rose four percent year-on-year, partly due to the deadline of filing of income tax …<\/p>\n","protected":false},"author":33,"featured_media":91493,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[6097,15865],"class_list":["post-104290","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-budget-surplus","tag-bureau-of-the-treasury","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/104290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=104290"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/104290\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/91493"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=104290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=104290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=104290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}