Philippine budget deficit in July drops 39.67% to PHP28.8B, with revenues up 11.09%.
Philippine budget deficit drops 39.67% to PHP28.8B (USD512M) in July, as per Bureau of Treasury data. Revenues grew by 11.09%, outpacing the 5.80% increase in spending. However, year-to-date budget gap increased 7.21% to PHP642.8B (USD11.43B) compared to last year.
August 28, 2024
83 Articles