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  1. Budget legislation is currently under parliamentary review.

The federal government produced a Budget Implementation Report detailing the financial outcomes of Q3 2025, noting that oil revenue shocks are exposing fiscal outcomes to risk.

2 reports, 2 independent Updated Jul 24
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The federal government produced a Budget Implementation Report detailing the financial outcomes of Q3 2025, noting that oil revenue shocks are exposing fiscal outcomes to risk.

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  1. The Philippine government, through the BIR and related bodies, is setting new tax revenue goals while the DOE certifies the average price of Dubai crude oil.Sub-event
  2. FG produces BIR on Q3 2025 performance amid oil revenue volatility.1 source

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