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BusinessWorld E-paper

May 1, 2025

THE NATIONAL Government’s (NG) budget deficit ballooned in March as revenues slipped and state spending jumped ahead of the election ban, the Bureau of the Treasury (BTr) said.

Data from the BTr showed the fiscal gap widened by 91.78% to P375.7 billion in March from P195.9 billion in the same month a year ago.

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