Ian Nicolas P. Cigaral

Ian Nicolas P. Cigaral

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Trade deficit widened as imports surged in March 
March budget deficit widest in 15 months on revenue drop

Peso rallies back to 55:$1 on weakening greenback

Tax collection up by 14% in Q1 2025 to P931.5B
Fitch: PH to benefit from low US tariff
Gov’t’s ‘defense bonds’ sale hits budgetary snag
Gov’t infra spending surged 23.1% as of Feb ʼ25
PH seen to reach upper mid-income status by ’27
Unauthorized transactions at CIMB reimbursed
PH’s economic pillar still getting a fraction of bank loans