THE national government's budget deficit narrowed in May as growth in expenditure levels kept pace with the acceleration in revenue collection, the Bureau of Treasury (BTr) said.
The BTr's cash operations report revealed that the budget deficit during the month went down to P220.3 billion from P202.1 billion in the same month last year.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.