Fiscal Program
For 2013, we aim to increase our target revenues to 1.78 billion, which would translate to 14.9 percent of the proposed GDP for the same year, with a projected growth rate of 14.1, including the impact of the pending sin tax law, when it is passed.
Disbursements projections are also positive for 2013, with a target of P2.021 trillion, a record in terms of public budgeting. The deficit target is also set lower than the target set for 2012, at P241 billion, or 2 percent of the projected GDP.
Revenues
Disbursements
Deficit
