THE national government’s budget balance registered a P52.8 billion surplus in April, reversing a deficit in March, data from the Bureau of Treasury (BTr) released on Friday showed.
The fiscal surplus of P53 billion is more or less on a par with April 2016 and Apr 2015 which brings the four-month deficit to only P30 billion, better than the P57.5 billion deficit in 2016 and P19 billion surplus in 2015, ING Bank Manila senior economist Joey Cuyegkeng said.
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