THE national government's budget deficit narrowed for the second consecutive month in November as revenues grew but spending contracted, the Bureau of the Treasury (BTr) reported on Thursday.

The shortfall shrunk by 24.75 percent to P93.3 billion, P30.7-billion lower than the year-earlier P123.9 billion.

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