By Aubrey Rose A. Inosante, Reporter
THE NATIONAL Government’s (NG) fiscal position swung to a surplus in October, driven by a 23% jump in revenues, the Bureau of the Treasury (BTr) said on Wednesday.
The NG posted a P6.3-billion budget surplus in October, a turnaround from the P34.4-billion deficit in the same month a year ago.
This was the first budget surplus since the P42.7-billion surplus posted in April.
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