NG budget deficit balloons in June

Headlines

THE NATIONAL Government’s (NG) budget deficit ballooned to P241.6 billion in June as state spending outpaced revenue collections, the Bureau of the Treasury (BTr) said on Thursday. Data from the Treasury showed the Philippines’ budget deficit widened by 15.56% to P241.6 billion in June from P209.1 billion in the same month a year ago. Month […]

THE NATIONAL Government’s (NG) budget deficit ballooned to P241.6 billion in June as state spending outpaced revenue collections, the Bureau of the Treasury (BTr) said on Thursday. Data from the Treasury showed the Philippines’ budget deficit widened by 15.56% to P241.6 billion in June from P209.1 billion in the same month a year ago. Month […]