NG budget gap narrows to P54.2 billion in August

THE NATIONAL Government’s (NG) budget gap sharply narrowed in August as a double-digit jump in revenues offset a surprising dip in spending, the Bureau of the Treasury (BTr) said on Wednesday. Treasury data showed the budget deficit shrank by 59.24% to P54.2 billion from the P133-billion gap a year ago. “The lower deficit was brought […]

NG budget gap narrows to P54.2 billion in August
THE NATIONAL Government’s (NG) budget gap sharply narrowed in August as a double-digit jump in revenues offset a surprising dip in spending, the Bureau of the Treasury (BTr) said on Wednesday. Treasury data showed the budget deficit shrank by 59.24% to P54.2 billion from the P133-billion gap a year ago. “The lower deficit was brought […]