The national government’s budget deficit decelerated last month owing to the substantial reduction in spending for coronavirus response compared with last year, data from the Bureau of the Treasury showed. The Duterte administration incurred a P44.4 billion fiscal gap in April, down by 84 percent compared with P273.9 billion in ...

Source: Manila Bulletin (https://mb.com.ph/2021/05/25/budget-deficit-falls-in-april-on-lower-spending/?utm_source=rss&utm_medium=rss&utm_campaign=budget-deficit-falls-in-april-on-lower-spending)