THE NATIONAL Government’s (NG) budget surplus narrowed in January, as state spending growth outpaced that of revenue collection, the Bureau of the Treasury (BTr) said. In a statement, the Treasury said the NG posted a P68.4-billion budget surplus in January, 22.27% lower than the P88-billion surplus a year ago due to “sustained revenue growth alongside […]
THE NATIONAL Government’s (NG) budget surplus narrowed in January, as state spending growth outpaced that of revenue collection, the Bureau of the Treasury (BTr) said. In a statement, the Treasury said the NG posted a P68.4-billion budget surplus in January, 22.27% lower than the P88-billion surplus a year ago due to “sustained revenue growth alongside […]