Govt clocks Sept deficit of P179.8B

By Eireene Jairee Gomez

Oct 27, 2022 12:28 am

THE government posted a P179.8-billion budget deficit in September, the Treasury bureau reported on Wednesday, bringing the year-to-date shortfall to P1 trillion.

This was lower compared to the respective year-earlier tallies of P180.9 billion and 1.3 trillion, the Treasury pointed out, given higher receipts and slower expenditure growth.

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