Budget deficit seen narrowing in second half of 2026 — DoF

THE NATIONAL Government’s budget deficit is expected to narrow slightly to 5.44% of gross domestic product (GDP) in the second half, which would bring the full-year ratio to its lowest since 2022, the Department of Finance (DoF) said. “In the first half, our deficit-to-GDP ratio improved to 5.46%, compared with 5.65% in the same period […]