Budget gap widens in September

THE NATIONAL Government’s (NG) budget deficit widened to P273.3 billion in September, as revenues and expenditures posted double-digit growth, the Bureau of the Treasury (BTr) said on Thursday. Latest data from the Treasury showed the fiscal gap rose by 8.9% in September from P250.9-billion deficit in the same month a year ago, “as the increase […]

Budget gap widens in September
THE NATIONAL Government’s (NG) budget deficit widened to P273.3 billion in September, as revenues and expenditures posted double-digit growth, the Bureau of the Treasury (BTr) said on Thursday. Latest data from the Treasury showed the fiscal gap rose by 8.9% in September from P250.9-billion deficit in the same month a year ago, “as the increase […]