BusinessWorld E-paper
May 24, 2024
THE NATIONAL Government’s (NG) budget surplus narrowed in April as expenditures surged by 32%, outpacing the 22% rise in revenues, the Bureau of the Treasury said.
Data from the BTr showed that the NG’s budget surplus shrank by 36.03% to P42.7 billion in April from the P66.8-billion surplus posted in the same month a year ago.
