Budget deficit narrows in May

By Anna Leah E. Gonzales

Jun 23, 2021 1:20 am

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.

Bureau of Treasury

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