BUDGET GAP WIDENS TO P1.2 TRILLION IN 10 MONTHS

© STAR/File Budget gap widens to P1.2 trillion in 10 months MANILA, Philippines — The government continued to spend more than what it earned in October, pushing the budget deficit to P1.2 trillion from January to October, 28 percent higher than last year’s P940.58 billion, the Bureau of the Treasury (BTr) said yesterday. For October alone, the shortfall widened by five percent to P6...

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