THE national government budget deficit widened in November from the preceding month and wiped out a surplus from a year earlier, with public spending rebounding strongly in the 11th month of the year, the Bureau of Treasury (BTr) said.

budget-deficit-graphThe deficit grew to more than P19.1 billion in November from P2.34 billion in October, and reversed a P6 billion surplus recorded in November 2015, BTr data showed.

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