Gov’t budget deficit widened in Feb to P106.4B

MANILA, Philippines  -The national government’s budget deficit widened slightly by 0.6 percent to P106.4 billion in February from P105.8 billion in the same month last year, reflecting lukewarm spending even if more than half of the P5.3-trillion budget for this year has been released. Data from the Bureau of the Treasury (BTr) show that cumulative … Continue reading Gov’t budget deficit widened in Feb to P106.4B