2025年3月,菲律宾政府的预算赤字扩大到3755亿菲律宾比索,是2023年12月以来的最大赤字,高于去年同期的1959亿菲律宾比索。政府收入同比下降3.01%,至2793亿菲律宾比索,主要原因是非税收入下降了69.36%。与此同时,政府支出激增35.37%,达到6550亿菲律宾比索,主要原因是道路基础设施项目、常规运营要求和各种保护服务的支出增加。对地方政府单位的重大财政转移也做出了贡献。2025年第一季度,预算赤字从2024年同期的2726亿菲律宾比索扩大到4788亿菲律宾比索。
The Philippine government’s budget deficit widened to PHP 375.5 billion in March 2025, the largest since December 2023, up from PHP 195.9 billion in the same month of the previous year. Government revenues fell by 3.01% year-on-year to PHP 279.3 billion, largely due to a 69.36% decline in non-tax revenues. Meanwhile, government expenditures surged by 35.37% to PHP 655.0 billion, driven mainly by increased disbursements for road infrastructure programs, regular operating requirements, and various protective services. Significant fiscal transfers to local government units also contributed. For the first quarter of 2025, the budget deficit expanded to PHP 478.8 billion from PHP 272.6 billion during the same period in 2024.