MANILA, Philippines — The government’s budget deficit widened to a two-month high in August, as revenues fell more sharply than expenditures, which slid to their lowest level in six months.
The Marcos administration incurred a fiscal shortfall of P84.8 billion, marking a 56 percent increase compared with the same period a year ago, the Bureau of the Treasury reported.
https://business.inquirer.net/549019/govt-budget-shortfall-hits-two-month-high
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