THE national government's (NG) budget deficit narrowed in May compared to a year ago as revenues outpaced spending, the Bureau of the Treasury reported on Tuesday.

At P122.2 billion, the shortfall was 16.73 percent or P24.6 billion less than the P146.8 billion recorded 12 months earlier.

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