THE government incurred a narrow budget deficit in August on the back of the muted rise in spending amid the decline in revenues, data released by the Bureau of the Treasury (BTr) showed on Wednesday.
The actual P040.1 billion gap was lower than the P140.20-billion shortfall in July but significantly wider that the P2.5-billion deficit in August last year.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.