BusinessWorld E-paper
June 24, 2022
THE NATIONAL Government’s (NG) budget deficit narrowed in May as revenues grew by double digits and spending contracted during the height of the election period, the Bureau of the Treasury (BTr) reported on Thursday.
In a statement, the BTr said the budget gap fell by 26.72% to P146.8 billion in May, from P200.3 billion in the same period last year.
