Read this in The Manila Times digital edition.
THE Philippine national government's budget deficit is expected to shrink this year and the next, Fitch Solutions said, which bodes well for debt sustainability.
The research company said in a report released on Wednesday that it now anticipates the Philippines' fiscal shortfall as a percentage of gross domestic product (GDP) to be 7.5 percent in 2022 and 6.2 percent in 2023, down from 8.6 percent in 2021.
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
.