April surplus trims govt budget deficit
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The government incurred a budget surplus in April as higher revenues surpassed state spending, preliminary Treasury bureau data showed on Wednesday. The month’s P46.3-billion surplus was a reversal of the P110.69-billion deficit posted in March and was alsApril surplus trims govt budget deficit
The government incurred a budget surplus in April as higher revenues surpassed state spending, preliminary Treasury bureau data showed on Wednesday. The month’s P46.3-billion surplus was a reversal of the P110.69-billion deficit posted in March and was also lower than the P52.979-billion surplus recorded in April last year. The result led to a cumulative budget [...] The post April surplus trims govt budget deficit appeared first on The Manila Times Online. Read more