The national government’s budget gap in full-year 2015 widened from a year earlier but remained well short of the government’s target deficit to gross domestic product (GDP) ratio, the Department of Finance reported Thursday.
Data released by the DOF showed that the government registered a P121.7 billion fiscal deficit for the full-year 2015, up 66 percent or P48.6 billion from P73.1 billion gap in 2014.
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