THE government incurred a narrower budget deficit in March and missed its year-to-date goal as underspending continues.

The month’s P58.409-billion shortfall was narrower than the P76.373-billion posted in February, Treasury bureau data released over the weekend showed. It was also lower than the P110.69-billion deficit recorded a year earlier.

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