The Duterte administration’s budget deficit widened in October owing to higher spending. The Bureau of the Treasury reported on Thursday, Nov. 25, that the national government incurred a P64.3 billion fiscal gap during the month, an increase of 2.9 percent compared with P61.4 billion in the same month last year. ...

Source: Manila Bulletin (https://mb.com.ph/2021/11/25/govt-budget-deficit-widens-in-oct/?utm_source=rss&utm_medium=rss&utm_campaign=govt-budget-deficit-widens-in-oct)