PH gov’t posted P46-B budget surplus in January

MANILA  – The Philippine national government ran a P45.7-billion budget surplus in January, reversing the P23.4-billion deficit recorded in the same month a year ago, according to Finance Secretary Benjamin Diokno. Citing data at the Bureau of the Treasury, Diokno said the favorable outcome was a result of revenues outgrowing government spending. Revenues for the … Continue reading PH gov’t posted P46-B budget surplus in January