BusinessWorld E-paper
October 27, 2022
THE National Government’s budget deficit slightly narrowed in September, as
revenue growth outpaced expenditures, the Bureau of the Treasury (BTr) said on
Wednesday.
The BTr’s cash operation report showed the budget gap stood at P179.8
billion in September, down 0.61% from P180.9 billion a year earlier. However,
this was more than double the P72- billion fiscal deficit in August.