By Aubrey Rose A. Inosante, Reporter
THE NATIONAL GOVERNMENT’S (NG) budget deficit ballooned to P171.4 billion in February despite double-digit revenue growth, the Bureau of the Treasury (BTr) reported on Wednesday.
Data from the BTr showed the budget deficit widened by 4.11% to P171.4 billion in February from the P164.7-billion gap in the same month last year.
Month on month, this was a reversal of the P68.4-billion surplus in January.
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