BusinessWorld E-paper
June 28, 2023
THE NATIONAL Government’s (NG) budget deficit narrowed to P122.2 billion in May, as revenue growth continued to outpace spending.
Data released by the Bureau of the Treasury (BTr) on Tuesday showed that the fiscal gap narrowed by 16.73% to P122.2 billion in May from P146.8 billion in the same month last year.
