Budget gap shrinks to P14B in Jan
newsare.net
The national government’s fiscal deficit narrowed to P14.1 billion in the first month of 2021 as state spending rose and revenue collections fell, according to the Bureau of the Treasury (BTr). Treasury data showed on Wednesday that the shortfall was smalleBudget gap shrinks to P14B in Jan
The national government’s fiscal deficit narrowed to P14.1 billion in the first month of 2021 as state spending rose and revenue collections fell, according to the Bureau of the Treasury (BTr). Treasury data showed on Wednesday that the shortfall was smaller than the P302.59-billion deficit in December and a turnaround of the P23-billion surplus in […] Read more














