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flag Philippines faces largest monthly budget deficit in recent years, raising fiscal concerns.

flag In November 2024, the Philippines faced a significant budget deficit of 213 billion pesos, a sharp contrast from a small surplus in October. flag This marks the largest monthly deficit recently, raising concerns about fiscal policy and prompting scrutiny of government spending and revenue collection strategies. flag The situation is being closely watched to determine its impact on future economic decisions.

4 months ago
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